Boston plan

Definition

Popular Terms

An ongoing plan under which insurers have agreed not to reject providing coverage to residences in slum areas. Coverage is extended until there has been an inspection and the owner has had a chance to correct imperfections. Called the 'Boston plan' because Boston was the first to offer such a plan.

risk

policy

third-party ins...

letter of indem...

employer's liab...

insurance

force majeure

ex gratia payme...

hazard

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