What Does Apparent Authority Mean?
What does Apparent Authority mean? Read on to discover the definition & meaning of the term Apparent Authority - to help you better understand the language used in insurance policies.
Apparent Authority
The authority an agent appears to have, based on the principal's (the insurer's) actions, words, deeds or because of circumstances the principal (the insurer) created.
We hope the you have a better understanding of the meaning of Apparent Authority.
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