Outrageously Funny Word Dictionary :: Preguaranteeing

👉 Preguaranteeing refers to a type of insurance policy that provides financial protection against losses due to certain events or occurrences. It is typically used by companies to protect themselves from potential liabilities associated with their products, services, or operations. In essence, a "preguarantee" means that the company has agreed to pay out the amount if the event does occur and it would be otherwise impossible for them to recover any money or assets involved in the loss. This type of insurance is typically used

preguaranteeing