Glossary

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Term Definition Legal instruments

claim

03/07/2015

THIS DEFINITION ONLY APPLIES TO THE POLICYHOLDER PROTECTION PART

means a valid claim made in respect of a civil liability:

(1) owed by a relevant person; or

(2) owed by a relevant person which has been assumed by a successor and which is based on the acts or omissions of the relevant person;

under a contract of insurance.