Qu'est-ce que Exclusion de garantie ?
Exclusion de garantie A specific condition or circumstance listed in an insurance policy for which benefits will not be paid, limiting the insurer’s liability.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Exclusion de garantie” Used in Practice?
Les exclusions de garantie doivent être clairement énoncées dans le contrat afin que l’assuré comprenne les limites de sa couverture.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Qu'est-ce que Exclusion de garantie ?
A specific condition or circumstance listed in an insurance policy for which benefits will not be paid, limiting the insurer’s liability.
Where can I learn this term for free?
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