What is The Definition of Force-Placed Insurance?
Force-Placed Insurance can be defined as, Mandatory insurance is an insurance policy that lenders take possession of a property if the owner's insurance policy expires or is canceled. Owners must have adequate adequate insurance to protect their property, so that in the event of property damage, the interests of the borrower or lender are protected. Works for suicide. If the owner allows the insurance to expire or if the lender considers the insurance to be insufficient, the lender can take out compulsory insurance at the owner's expense.
Compulsory insurance is called compulsory placement insurance, lenders 'insurance, or lenders' insurance.
Literal Meanings of Force-Placed Insurance
Meanings of Force:
Make your way or enter with physical force, open the lever with force.
Do (something) against their will.
Strength or energy as an attribute of physical action or movement.
Coercion or coercion, especially with the use or threat of force.
Spiritual or moral power or strength.
An organized group of army or police.
(In Star Wars movies) A field of universal mystical energy that some people can use to acquire serious special powers or abilities.
Sentences of Force
Enter Fred's house and open all the doors to the living room with an ax or a machete.
He should retire soon
Thrown by the force of the explosion
They are following the law, not coercion
The power of popular opinion
UN peacekeeping force
Luke used force to carry a light beer in his hand.
The army was harmed, but Santo, thinking he had retreated, headed for Kino.
Synonyms of Force
break open, feeling, outfit, coerce, group, impel, weight, pressurize, might, push, compulsion, vigorousness, intensity, threats, intimidation, muscle, oblige, compel, vigour, impact, passion, body, team, impetus, kick in, exertion, constraint, prise open, harassment, effort
Meanings of Placed:
Put yourself in a special place.
Find a home or work.
Identify or classify as a specific category or get a specific position in a sequence or category.
Score (goal) with a set of shots.
A particular place, point, or area in a place.
The part of the room that is assigned, available or used by someone.
Places in a sequence or series that are usually ranked by performance.
Square or small alley.
Sentences of Placed
I have a newspaper on my plate
Children in foster families
The survey ranked 13th in success
Both teams struggled with the goal because almost the entire score came from the ball.
I can't live in two places at the same time
He ran to his place on the table
Your score puts you in ninth place
Synonyms of Placed
lay down, group, space, put down, location, point, find employment for, sit, locale, plant, chair, classify, whereabouts, put, stand, setting, grade, arrange, categorize, find a job for, situate, set down, station, area, deposit, class, rank, seat, stow
Meanings of Insurance:
The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.
Anything that provides protection against possible emergencies.
Sentences of Insurance
Many new lenders buy unemployment or health insurance
Meeting a high standard of personal conduct is the best protection against personal problems.
Synonyms of Insurance
provision, shelter, immunity, cover, security, indemnity, safety measure, protection, defence, indemnification, precaution, financial protection, surety, safeguard, preventive measure