Outrageously Funny Word Dictionary :: Insurance liabilities definition

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What is the definition of insurance liabilities definition? 🙋

👉 Insurance liabilities definition: "Whoa there, I'm feeling pretty darn secure with my newfound knowledge on insurance liabilities! Think about it - if you're trying to figure out what all those things are and who owes them, imagine this complicated jargon that makes sense only when you have a solid grasp of the basics. But hey, at least now you know what all these words mean - like 'insurable', which is essentially something you can get into an insurance policy for. And remember - if you ever need to borrow money with your car under those 'insurance liabilities definitions' and they say 'Sorry, no funds available in this account', it means that the amount of coverage for that liability is not enough to cover any outstanding debts."


Example: "I'm a new driver, so I'm feeling pretty safe doing my initial driving lesson. But after that, I have to remember the insurable clauses of insurance policies because they are all over the place and make me feel like I need to be prepared for every scenario."

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