Definition: The word "insurance" refers to insurance policies, which are contracts between an insurer (the party offering the protection) and an insured (the person who receives the benefit). In insurance parlance, "insurance 9 seater" is a phrase that can be used in many different contexts. In general, this phrase implies that a policy for 9 or more vehicles, each having their own separate coverage, makes it much less likely that the vehicle will be damaged or lost. The term can also imply that the insurance company has taken into account all of the risks involved in providing such coverage and is willing to cover any damage that occurs. The term "insurance" typically refers to a contract between two parties to share the financial risk of an event. In this context, the phrase "insurance 9 seater" suggests that the policy being discussed involves multiple vehicles owned by different individuals or companies, each carrying their own separate insurance coverage.
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