Glossary Definition: Difference in conditions insurance is a specialized corporate insurance contract designed to expand global risk parameters by filling the distinct coverage, limit, and peril gaps between an enterprise’s global master policy and its localized branch policies. Integrating difference in conditions insurance (commonly referred to as a DIC policy) into a multi-country global insurance program
provides uniform corporate protection standards worldwide, operating as a vital financial safety cushion alongside standard international liability insurance.
Difference in Conditions Insurance
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