Category: P

Insurance that covers damage to other peoples’ property if the insured is found to be liable for an accident.

The main operator of an insured vehicle.

How a vehicle is primarily used, such as for work, pleasure, etc.

The time period during which an insurance policy is effective. Also referred to as Policy Period.

The time period during which an insurance policy is effective. Also referred to as Policy Term.

The date on which an insurance policy ends.

The maximum amount an insurance company will pay under a policy to each person injured in an accident.

A cap on the amount an insurance company pays under a policy for all claims arising from a single accident.

1. The accepted manner in which a professional will act. 2. The way a lawyer who has been admitted to the bar should act. TLD Example: Lawyers are held to strict ethical standards

the name that is given to a partner who will settle the partnership affairs when the business is dissolved when one partner dies.

the term that is used to describe the punishment for a preson who has committed the same crime on many occassions and is said to be a habitual criminal.

a court action that deals with the matters of estates and wills.

a term that applies to the act of a person being silent about a fact and it doesn’t imply the active hiding of an event or fact.

the right that is granted by the 5th amendment.

1. The eyewitness testimony. 2. Testimony that is seen or heard to take place.

the name given to the commission that considers a prisoner’s application for release.

term that is used for the declaration that is made after a transaction has been completed.

the name given to the government office that is obtained by an election.

This term is applied to a mining claim that is made by a private person on public lands for minerals on the surface and not in rocks below it.

the name that is given to an adult who is unable to manage his own affairs due to lacking good sense and a guardian is appointed for this purpose.