"Additional insurance" refers to extra coverage or protection beyond what is already provided by a primary insurance policy. It is like a bonus or extra layer of financial security in case of any unforeseen events or expenses.
Full definition
Stay financially aware and assess your needs for
additional insurance coverage; for instance, a single person with no dependents may not need a large life insurance policy, if any at all.
This is the perfect cash back rewards credit card for you if you want to earn cash back, and
need additional insurance coverage for things like big purchases and travels.
You may have heard
of additional insurance riders, which are supplemental coverage that you can add to your policy.
When you combine that coverage
with additional insurance protection from their agency, you will receive a combination discount that saves you money.
With age as your income is on a rise and as your children become independent, you may realize that you don't need
additional Insurance cover anymore.
Note: The calculator does not calculate additional cost variables such
as additional insurance costs, taxes, maintenance and other costs associated with more expensive vehicles.
A: The insurance portion of the fee is 1.5 % and is made up of
additional insurance costs we incur for higher property insurance rates.
Employees thinking about purchasing
additional insurance through a company plan should do some comparison shopping before making the decision of which life insurance plan to go with.
Your baggage will be covered with
additional insurance if the loss of either checked or carry - on baggage occurs during travel booked using your card.
You also have the option to purchase more extensive and comprehensive coverage and
add additional insurance coverage options as needed.
An example of a guaranteed purchase option is having the ability to purchase
additional insurance when you get married, have a child, or reach a specific age or policy anniversary.
Also be aware that you may need to
pay additional insurance over the longer loan term, even when your car or truck has declined in value.
There are not required by law; however, if you take out a loan on a vehicle, the lender may require you to
carry additional insurance.
A lot of car owners go for mandatory liability insurance but don't go for
additional insurance like comprehensive or collision coverage.
It is always a good idea to purchase
additional insurance so if the cost of an accident exceeds the state - mandated minimum you are still covered.
In addition to the basic coverage your landlord insurance policy covers, you may
want additional insurance to increase your policy limits or cover additional risks.
And in some cases you can end up with four or five
additional insurance products - consumer credit insurance, gap insurance, tyre and rim, mechanical breakdown insurance.
This rider may also
allow additional insurance to be purchased at alternate dates, such as after a marriage or the birth or adoption of a child.
If two people continue to work in the city, two vehicles may be necessary — which then
means additional insurance, gas and parking costs.
A lot of the jobs you describe require that you have
additional insurance over and above what you currently have, normally insurance that lets you drive for payment.
Phrases with «additional insurance»