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Underinsurance Meaning In Bengali
Underinsurance শব্দের বাংলা অর্থ কি: বীরত্ব
Underinsurance
Definition
1) Insurance coverage that is insufficient to cover the full value of a loss or damage.
2) The condition of being inadequately insured against risks or liabilities.
3) A situation in which the insurance coverage a person has is less than what is needed in case of a claim.
Examples
Underinsurance Example in a sentence
1) The flood damage exceeded their policy limits, resulting in underinsurance.
2) Many homeowners only realize their underinsurance when disaster strikes.
3) Underinsurance can leave individuals financially vulnerable in case of emergencies.
4) The homeowner regretted having underinsurance after a fire damaged their property.
5) Businesses often struggle to recover from losses due to underinsurance.
6) Underinsurance can lead to financial hardship for families when accidents occur.
7) It is important to regularly review your insurance coverage to avoid underinsurance.
8) Underinsurance can result in significant out-of-pocket expenses for policyholders.
9) Victims of natural disasters may face underinsurance issues when rebuilding their homes.
10) The insurance company denied the claim due to underinsurance.
Synonyms
Encyclopedia
Insurance coverage that is insufficient to cover the full value of a loss or damage.
The condition of being inadequately insured against risks or liabilities.
A situation in which the insurance coverage a person has is less than what is needed in case of a claim.
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