Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Third Party Beneficiary

A person not a party to a contract, yet who has legally enforceable rights under the contract. Such a person might be a life insurance beneficiary, a mortgagee holding an assignment, or a member of a group insurance plan.

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Third Party Application

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Third Party Endorsement

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