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Inherent vice is a natural characteristic that causes some goods to be spoiled or become damaged, which insurance companies will not accept as a risk. Learn more about this term, its pronunciation and usage with examples from various sources.
- Inhere in Something
INHERE IN SOMETHING meaning: 1. to exist as a natural or...
- Inheritable
INHERITABLE meaning: 1. If money, a house, a title, etc. is...
- What is The Pronunciation of Inherent Vice
How to pronounce INHERENT VICE. How to say inherent vice....
- Inhaling
inhaling meaning: 1. present participle of inhale 2. to...
- Insurers
INSURER meaning: 1. a person or company that insures someone...
- Cambridge English Dictionary에서의 의미
INHERENT VICE 의미, 정의, INHERENT VICE의 정의: a natural...
- Spoiled
SPOILED meaning: 1. past simple and past participle of spoil...
- Znaczenie Inherent Vice, Definicja W Cambridge English Dictionary
inherent vice definicja: a natural characteristic that...
- Inhere in Something
a natural characteristic that causes some goods to be spoiled or become damaged, which insurance companies will not accept as a risk: The insurers denied any liability on the grounds that the damage was due to an inherent vice in the computer systems.
Feb 29, 2024 · An inherent vice exclusion is a clause in marine insurance policies that excludes coverage for damage caused by a property's own features or aspects. Learn the meaning, examples and synonyms of this term from Insuranceopedia.
Inherent Vice refers to the tendency of certain goods or property to deteriorate or become damaged due to their inherent characteristics, despite all reasonable care and precautions. In insurance, inherent vice is an important consideration as it can affect coverage and claims settlements.
Sep 15, 2011 · Inherent vice is a term that implies no external or extraneous peril caused the loss, but rather the loss results from the internal composition of the property. Learn how courts interpret and apply this exclusion in different cases and states.
Definition of "inherent vice". A potential defect in a product that could cause damage without external influence, often excluded from insurance policies. How to use "inherent vice" in a sentence.
Inherent vice is an exclusion found in most property insurance policies eliminating coverage for loss caused by a quality in property that causes it to damage or destroy itself.
