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Meaning of coverholder | Babel Free

Noun CEFR C1

Definitions

One authorized by the managing agent of an insurance syndicate to enter into policies on its behalf.

Examples

“This is not something unique to the insurtech sector, but rather applies to all coverholder relationships.”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

Covering covering fire covering horse covering index covering letter covering number

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