Difference-in-conditions (DIC) Insurance

Difference-in-conditions (DIC) Insurance,

Difference-in-conditions (DIC) Insurance:

  • Difference-in-conditions (DIC) Insurance can be defined as, (1) When the standard market does not adequately offer coverage limits, the standard coverage forms to meet the risks excluded or to meet international guidelines developed by approved insurers. , Policy to increase coverage by providing additional coverage limits for certain risks. Applicable in foreign country. (2) In addition to commercial property insurance, property insurance covers all risks that are not covered by commercial property insurance (which is not usually covered by floods and earthquakes). ()) Comprehensive risk insurance validation for the contractor, which closes the gap between the policy provided by the project owner and the contractor's policy, so that the contractor has a comparison of the insurance which has the contractor's coverage Be arranged . Producer Risk Management Program. If the project owner decides to provide risk protection to the builder to all parties with non-binding interest, the project is usually removed from the scope of the contractor's policy. DIC drivers generally claim that, to the extent that the policy provided by the owner does not cover damages, but will come under the policy of the contractor, this coverage is maximized. ()) Insurance policies aimed at bridging the gap between the basic insurance policy of a multinational organization (equity or liabilities) and the coverage of policies purchased in accordance with the insurance requirements of each country in Korea. Has uniformity. Regardless of location coverage. This policy is known as the DIC Foreign Policy.

  • A special form of open hazard compound, written in relation to the basic fire compound, to protect against damage in the form of a standard fire. Some examples are floods and earthquakes.

Literal Meanings of Difference-in-conditions (DIC) Insurance


Meanings of Difference:
  1. A point or way in which people or things are not the same.

  2. Age (symbol) to distinguish between family members or branches.

Sentences of Difference
  1. Differences between men and women

Synonyms of Difference

dissimilarity, contrast, distinction, distinctness, differentiation


Meanings of In:
  1. Explain the situation of being surrounded by something or appearing surrounded by something else.

  2. Identify the period during which an incident occurred or the situation continued.

  3. Describe delays before future events occur.

  4. (Usually followed by a noun without a definite article) which expresses a condition or condition.

  5. Participation or expression participation.

  6. Enter someone's job or profession.

  7. Language or media description used.

  8. As an integral part (an activity)

  9. Express movement as a result of someone or something getting stuck or surrounded.

  10. Expresses being surrounded by a situation or something.

Sentences of In
  1. Wear your best Sunday dress

  2. They met in 1885

  3. See you in fifteen minutes

  4. Falling in love

  5. I read in a book

  6. He works in publications

  7. In Polish

  8. When planning public spending, it's best to be cautious

Synonyms of In

subsequent to, into the building, within the bounds of, bang up to date, popular, in the middle of, present, modish, within the confines of, after, at home, indoors, home, in the course of, fashionable, during, in the time of, up to the minute, within, into the house, trendsetting, in fashion


Meanings of Conditions:
  1. The condition of an object in terms of appearance, quality or working conditions.

  2. Circumstances or factors that affect people's way of living and working, especially in relation to their well-being.

  3. A situation that exists before anything is allowed or permitted.

  4. Determines important influence (shape or result of something)

  5. Apply conditioner to (hair)

  6. Establish conditions for it before it happens.

Sentences of Conditions
  1. The wiring is in good condition

  2. Hard working conditions

  3. For a member to borrow money, three conditions must be met.

Synonyms of Conditions

circumstances, nourish, acclimate, prerequisite, ready, prime, stipulation, make ready, term, decide, tone up, adjust, constraint, specification, state, determine, season, make healthy, improve, get something into shape, treat, acclimatize, qualification, temper, build up, adapt, tone, govern, precondition


Meanings of DIC:
  1. The language of a dictionary that is (therefore) characterized by the use of long or dark words. To swallow a cube: Use long or dark words, especially excessive or unnecessary.


Meanings of Insurance:
  1. An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in return for payment of a premium.

  2. Something to protect against possible emergencies.

Sentences of Insurance
  1. Maintaining a high standard of personal conduct is an excellent guarantee against personal problems.

Synonyms of Insurance

security, financial protection, defence, safety measure, surety, protection, cover, provision, shelter, indemnification, immunity, preventive measure, safeguard, precaution, indemnity