Primacy

Primacy,

Definition of Primacy:

  1. Insurance rule that governs which policy comes into effect when more than one policies are covering the same loss. For example, if a married couple names one another as dependent in a group insurance plan then, in case of an accident, the injured spouses own policy will assume primacy. The other spouses policy will be triggered only after the injured spouses policy cover is exhausted. This arrangement prevents the insured(s) from profiting from overinsurance.

Synonyms of Primacy

Abbacy, Accent, Acme, Archbishopric, Archdeaconry, Archiepiscopacy, Archiepiscopate, Ascendance, Ascendancy, Authority, Authorization, Balance of power, Be-all and end-all, Bishopdom, Bishopric, Blue ribbon, Canonicate, Canonry, Cardinalship, Championship, Chaplaincy, Chaplainship, Command, Concern, Concernment, Consequence, Consequentiality, Consideration, Control, Curacy, Deaconry, Deaconship, Deanery, Deanship, Directorship, Dominance, Dominancy, Domination, Dominion, Effectiveness, Eminent domain, Emphasis, Episcopacy, Episcopate, Excellence, Exquisiteness, First place, First prize, Headship, Hegemony, Height, High order, High rank, Highest, Imperium, Import, Importance, Influence, Interest, Jurisdiction, Kingship, Leadership, Lordship, Magnificence, Management, Mark, Marvelousness, Mastership, Mastery, Matchlessness, Materiality, Maximum, Merit, Moment, Most, Ne plus ultra, New high, Note, Overlordship, Palms, Paramountcy, Pastorate, Pastorship, Peerlessness, Power, Prebend, Prebendaryship, Precedence, Predominance, Predominancy, Predomination, Preeminence, Prelacy, Prelateship, Prelature, Preponderance, Prepotence, Prepotency, Presbyterate, Presbytery, Presidency, Principality, Priority, Record, Rectorate, Rectorship, Rule, Say, Self-importance, Significance, Sovereignty, Splendidness, Splendiferousness, Stress, Superbness, Supereminence, Superexcellence, Superfineness, Superiority, Supremacy, Suzerainship, Suzerainty, Sway, Top spot, Unsurpassedness, Upper hand, Value, Vicariate, Vicarship, Weight, Whip hand, Worth, Zenith

Meaning of Primacy & Primacy Definition