What does Preamble mean? Read on to discover the definition & meaning of the term Preamble - to help you better understand the language used in insurance policies.
An introductory paragraph in a contract that identifies the parties by name and the date upon which the parties entered into the contract and often includes the place of residence of an individual or the place of formation and place of business of a corporation or other entity. Also a preliminary statement or clause at the beginning of a statute stating its purpose and often explaining the reason for its enactment.
We hope the you have a better understanding of the meaning of Preamble.