What Does Special Acceptance Mean?

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What does Special Acceptance mean? Read on to discover the definition & meaning of the term Special Acceptance - to help you better understand the language used in insurance policies.

Special Acceptance

Special Acceptance

An agreement by a reinsurer to include under a reinsurance contract coverage for a risk that was not automatically included under the terms of the contract.

We hope the you have a better understanding of the meaning of Special Acceptance.

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