The Law Dictionary

INSURANCE AGENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

One who sells insurance policies on behalf of an insurance company. … [Read more...]

INSTRUCTIONS

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

(A) com. law, Contracts. Orders given by a principal to his agent in relation to the business of his agency. 2. The agent is bound to obey the instructions he has received and when he neglects so to do, he is responsible for the consequences, unless he is justified by matter of necessity. 4 Binn. R. 361; 1 Liverm. Agency, 368. 3. Instructions differ materially from authority, … [Read more...]

INSURANCE DEFENSE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A law firm or lawyer who specializes in defending claims on behalf of an insurance company against claims by the insured. … [Read more...]

INSTRUMENT

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A written document; a formal or legal document in writing, such as a contract, deed, will, bond, or lease. In the law of evidence. Anything which may be presented as evidence to the senses of the adjudicating tribunal. The term "instruments of evidence" includes not merely documents, but witnesses and living things which may be presented for inspection. 1 Whart. Ev. f 615. … [Read more...]

INSURANCE ON LIVES

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

contracts. The insurance of a life is a contract whereby the insurer, in consideration of a certain premium, either in a gross sum or periodical payments, undertakes to pay the person for whose benefit the insurance is made, a stipulated sum, or an annuity equivalent thereto, upon the death of the person whose life is insured, whenever this shall happen, if the insurance be for … [Read more...]

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