underinsured

underinsured
adjective Date: 1893 not sufficiently insured

New Collegiate Dictionary. 2001.

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  • underinsured — un‧der‧in‧sured [ˌʌndərɪnˈʆʊəd◂ ǁ ˈʆʊrd◂] also under insured adjective INSURANCE 1. if a person is underinsured, the value of the health care for which they are insured is less than they need: • We must focus on ensuring that low income,… …   Financial and business terms

  • underinsured — un·der·in·sured /ˌən dər in shu̇rd/ adj: not sufficiently insured: having insufficient insurance to cover losses or damages an underinsured motorist Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • underinsured — underinsuredˈ (↑insured) adj(4b) • • • Main Entry: ↑under …   Useful english dictionary

  • Underinsured Motorist Coverage Limits Trigger — One of the two triggers that can be specified by an insured party to protect against losses caused by an accident with a driver who has insufficient insurance. The underinsured motorist coverage limits trigger ensures that in the event of an… …   Investment dictionary

  • Underinsured Motorist Endorsement — An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder and his or her passengers in the event of an accident caused by a driver who does not have sufficient coverage. The… …   Investment dictionary

  • Underinsured Motorist Coverage — An auto insurance policy provision that extends coverage to include property and bodily damage caused by a motorist with insufficient insurance. Underinsured motorist coverage is designed to provide the injured party with compensation above what… …   Investment dictionary

  • underinsured motorist coverage — Such insurance provides for situations in which offending motorist does not carry enough coverage to pay damages incurred by the injured party. Over half of the states have statutes providing for some form of Underinsured coverage. It is not… …   Black's law dictionary

  • underinsured — adjective a) not having sufficient insurance to cover loss or damage b) not having proper health insurance …   Wiktionary

  • underinsured — adj. without sufficient insurance, insured for less than the full value …   English contemporary dictionary

  • underinsured — adjective having inadequate insurance cover. Derivatives underinsurance noun …   English new terms dictionary

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