ASSESSMENT INSURANCE - Black's Law Dictionary

What is ASSESSMENT INSURANCE? Definition of ASSESSMENT INSURANCE in Black's Law Dictionary

Exists when benefit to be paid is dependent upon collection of such assessments as may be necessary for paying the amounts to insured. Keen v. Bankers Mut. Life Co., 230 Mo.App. 1072, 93 S.W.2d 85, 90.

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That's the definition of ASSESSMENT INSURANCE in Black's Law Dictionary - Courtesy of Cekhukum.com.