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a b c d e f g h i j k l m n o p q r s t u v w x y z 

Malpractice Insurance :: Professional liability cover-age for physicians, lawyers, and other specialists against suits alleging negligence or errors and omissions that have harmed clients.


Margin Of Solvency :: The total assets of an insurance company must exceed its liabilities (other than share capital) by a relevant amount, known as the margin of solvency.


Marine Insurance :: Insurance of ships and their cargoes which provides indemnity for property loss, damage and injury to third parties. Marine losses arise in four areas- Hull, Cargo, Freight & Liability.


Minor :: A person under the age of 18, who cannot legally conduct certain transactions purchase certain goods.


Misrepresentation :: A false, incorrect, improper, or incomplete statement of a material fact, made in the application for an insurance policy.


Moral hazard  :: The risk that an insured may attempt to take an unfair advantage of the insurer, for example by suppressing information relevant to the assessment of risk or by submitting a false claim.


Mutual Insurance Company :: An insurance company in which ownership and control is vested in the policyholders and a portion of surplus earnings may return to policyholders in the form of dividends.

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