first-party insurance

  

Definition

Type of insurance policy under which an insured (the first party) is paid by his or her insurer (the second party) in the event of an accident, injury, or loss whether caused by itself or someone else (the third party). See also third-party insurance.



http://www.businessdictionary.com/definition/first-party-insurance.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z