Insurance Law
/ɪnˈʃʊərəns lɔː/
Definitions
- (n.) The body of law governing contracts, regulations, and disputes concerning insurance policies and risk management.
Insurance law requires insurers to act in good faith when handling claims.
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Commentary
When drafting or interpreting insurance policies, precise definitions of coverage terms are crucial to avoid litigation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.