Property Transfer Liability Insurance

Property Transfer Liability Insurance,

What is The Meaning of Property Transfer Liability Insurance?

  • A simple definition of Property Transfer Liability Insurance is: Property transfer liability insurance covers property buyers with personal injury (BI) and property damage (PD) claims and property cleaning costs, but only for contamination fixed to the effective date. If no known contamination is detected, coverage of this particular contamination event will be canceled.

Literal Meanings of Property Transfer Liability Insurance

Property:

Meanings of Property:
  1. Something or things that belong to someone.

  2. The attribute, quality or feature of something.

Sentences of Property
  1. Oliver wanted his belongings out of the house

  2. Thermal properties of metal at equal speeds

Synonyms of Property

possessions, belongings, things, goods, worldly goods, effects, personal effects, stuff, chattels, movables, quality, attribute, characteristic, feature, power, trait, mark, hallmark

Transfer:

Meanings of Transfer:
  1. Move from place to place.

  2. Switch to another location, route or mode of transport while traveling.

  3. Transfer of property (property, rights or obligations) to another person.

  4. Replace (word or phrase meaning) with an extension or metaphor.

  5. The act of moving something else.

  6. A small colored drawing or image on paper that can be moved to another level by pressing or heating.

  7. The act of moving to another place, route or mode of transport during the journey.

Sentences of Transfer
  1. I fell asleep on the sofa before going to my room that night.

  2. John advised him to go to the train station from Rome airport.

  3. We will transfer the entire responsibility of planning to the local authorities.

  4. In contrast, between Latin and English, the meaning was transferred by its inhabitants

  5. Transfer of wealth to the poorest countries

  6. Iron transfer shirt

Synonyms of Transfer

move, convey, shift, remove, take, carry, fetch, lift, bring, bear, conduct, send, pass on, transport, relay, change, relocate, resettle, transplant, uproot, hand over, make over, turn over

Liability:

Meanings of Liability:
  1. The person or thing whose presence or behavior causes embarrassment or harm.

Synonyms of Liability

accountability, responsibility, legal responsibility, answerability, hindrance, encumbrance, burden, handicap, nuisance, inconvenience

Insurance:

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 exchange for a premium.

Synonyms of Insurance

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