Guaranty Insurance Law and Legal Definition
Guaranty Insurance is a type of insurance used mainly to indemnify the loss caused to a person by another’s default or misconduct. This type of insurance is also known as surety insurance. The person who executes the guaranty insurance is know as the guarantor.
Legal Definition list
Related Legal Terms
- Absolute Guaranty
- Accelerated Life Insurance Benefits
- Accident Insurance
- Accidental Death and Dismemberment [Insurance]
- Accommodation Line [Insurance]
- Accountants Professional Liability Insurance
- Accounts Receivable Insurance
- Actual Cash Value Insurance
- Actual Delivery of Insurance Policy
- Actuarial Documents [Federal Crop Insurance Corporation]