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Non-Renewal

A decision by an insurer to stop providing insurance coverage on the date a policy is due to be renewed.

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Non-Owners Policy

Insurance coverage that is offered to an individual who is not the owner of the insured vehicle.

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Named Driver Policy

An insurance policy that provides coverage only when the driver of the vehicle is listed as a Named Driver.

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Named Driver Exclusion

A named driver not covered under a car owner’s liability insurance. See Excluded Driver.

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NONPERFORMANCE

a term that describes the breach of a contract and the failing to carry out the terms of the agreement.

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NEGLIGENCE ORDINARY

the term for negligence that could have been avoided if the person had exercised due care.

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NUL TORT

a Latin phrase that is the defence where the defendant claims he has not committed a wrong

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NATURAL CONSEQUENCE

the term used for the result that comes after an act and was also expected to follow it.

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NET ESTATE

the term that is given to the estate that remains after all debts have been paid.

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NONFUNCTIONAL

the term that is used for having no use and lacking any usefulness whatsoever.

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NOTICE TO PLEAD

the term given to a notice from the plaintiff to the defendant to defend himself in a law suit. If he doesn’t it leads to a judgement by default.

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NET ASSETS

term that describes a company’s worth after the debts and liabilities have been subtracted from its gross assets.

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NATIONAL EMERGENCY

the term that is sued to describe a crisis that involves the security and safety of the country.

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NEMO EST SUPRA LEGIS

a Latin phrase for no one is above the law.

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NONISSUABLE PLEA

the term that is given to the defence that raises no issue of the facts in the case.

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NOTICE IMMEDIATE

the term given to the time a person has to make an insurance claim.

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NARCOTICS ADDICT

the name that is given to a person who is dependent on a narcotic drug and will suffer withdrawals if he stops taking the drug.

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NOTICE PRESUMPTIVE

the term given to the implied notice that is subject to contradiction.

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NOTICE PUBLIC

a notice to whom it may concern that is given to the general public.

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NON EST

a Latin phrase for the return of a sheriff’s writ or summons when the person cannot be found.

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