How Do You Define Efficacy Insurance?
Provide coverage if a project does not achieve the level of technical performance required by the contract. The policy provides the necessary funds to cover the cost of the loan and can be modified to compensate the policyholder for the capital used to enable the project to achieve the expected performance. This type of coverage is often sought after for high-tech projects such as CHP systems.
Literal Meanings of Efficacy Insurance
Meanings of Efficacy:
Ability to achieve the desired or desired result.
Sentences of Efficacy
Very little is known about the effectiveness of this treatment.
Synonyms of Efficacy
efficacy, power, success, fruitfulness, successfulness, potency, productiveness
Meanings of Insurance:
The process or arrangement under which a company or government agency guarantees some loss, injury, illness or death in return for premium payments.
Anything that provides protection against possible emergencies.
Sentences of Insurance
Meeting a high standard of personal conduct is the best protection against personal problems.
Synonyms of Insurance
shelter, surety, safeguard, cover, immunity, indemnity, protection, financial protection, safety measure, security, preventive measure, provision, defence, precaution, indemnification