2019 US Virgin Islands Code
Title 22 - Insurance
Chapter 1 - General Provisions
§ 3. Insurance defined
Universal Citation: V.I. Code tit. 22, § 3 (2019)
“Insurance” is a contract whereby one party undertakes to indemnify another for loss, damage, or liability, or to pay or provide a specified or ascertainable benefit, upon determinable contingencies.
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