| Information | |
|---|---|
| has gloss | eng: A loss payee clause (or loss payable clause) is a clause in a contract of insurance which provides that in the event of payment being made under the policy in relation to the insured risk, payment will be made to a third party rather than to the insured beneficiary of the policy. |
| lexicalization | eng: loss payee clause |
| instance of | c/Contract clauses |
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