TERMIUM Plus®

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UNINSURED STANDING CHARGE [1 record]

Record 1 1981-08-26

English

Subject field(s)
  • Insurance
OBS

An Insured may choose to cover only some, rather than all, of his Standing Charges. In that case he is a self-insurer in respect of the uninsured standing charges, and the defined insurable value "Gross Profit" will be a lesser amount.

Key term(s)
  • uninsured standing charge

French

Domaine(s)
  • Assurances
OBS

Un assuré peut choisir d'assurer certains de ses frais fixes plutôt que de les assurer tous. Il devient alors son propre assureur pour les frais fixes non assurés, et la valeur assurable du Profit brut, tel que défini, se trouve réduite pour autant.

Key term(s)
  • frais fixe non assuré

Spanish

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