Sentences with phrase «additional insured causes»

That's right, listing your landlord as additional insured causes more problems than it solves.

That's right, listing your landlord as additional insured causes more problems than it solves.

Not exact matches

If you are an additional insured, you may not be able to make a claim against the tenant's liability coverage when they cause a loss.

If your 777 6th Avenue renters insurance lists the property management as an additional insured, they might have trouble recovering from your policy if you caused a loss.

It provides an additional death benefit when the insured's death is caused by an accident.

What would happen if you were listed as additional insured and a fire loss caused damage to the building?

Since this only covers accidental death and does not cover natural causes (such as heart disease, stroke, or cancer), this life insurance rider is best purchased when the insured is maxed out on the amount of life insurance they can qualify for and he or she need some additional coverage.

It provides an additional death benefit when the insured's death is caused by an accident.

If your 777 6th Avenue renters insurance lists the property management as an additional insured, they might have trouble recovering from your policy if you caused a loss.

Financial assistance in case of additional expenses on rent incurred due to loss or damage to the premises caused by an insured peril rendering the premises unfit for occupation and forceful shifting to an alternative accommodation for a maximum period of 12 Months

The purpose of the underinsured motorist coverage is to ensure that in the event of property or bodily damage caused by a motorist with insufficient (or no) insurance the insurance company agrees to pay out any additional costs above those that the under insured party's insurer will meet.

This rider guarantees to provide additional benefits in case of the insured person's death, disability or dismemberment caused by some accident.

1) War Risk Coverage In consideration of the payment of premium calculated in the manner stated in the policy to which the rider is attached, it is hereby agreed that for additional premium the policy is amended as follows: Any Exclusion under this Plan for «declared or undeclared war or any act thereof» is waived for an Insured Person's loss caused in whole or in part by, or resulting in whole or in part from, declared or undeclared war or any act of declared or undeclared war, subject to the following restriction: The waiver only applies with respect to accidents that occur within the geographic limits or territorial waters of, or airspace above the geographic limits or territorial waters of a Designated War Risk Territory (as defined herein).

In consideration of the payment of premium calculated in the manner stated in the policy to which the rider is attached, it is hereby agreed that for additional premium the policy is amended as follows: Any Exclusion under this Plan for «declared or undeclared war or any act thereof» is waived for an Insured Person's loss caused in whole or in part by, or resulting in whole or in part from, declared or undeclared war or any act of declared or undeclared war, subject to the following restriction: The waiver only applies with respect to accidents that occur within the geographic limits or territorial waters of, or airspace above the geographic limits or territorial waters of a Designated War Risk Territory (as defined herein).

This type of coverage will typically pay out an additional sum of money if the insured's death is due to an accident, as versus sickness or other natural causes.

For reasons we'll spare you, listing your landlord as additional insured on a renters insurance policy in Pennsylvania can cause more problems than it solves.

That it's not all bad news when it comes to the graded death benefit policies because in most cases, if an insured dies from «natural» causes during the graded death benefit period, most guaranteed life insurance policies (or at least the ones we offer here at TermLife2Go) will have some «reimbursement program» whereby the insured's beneficiary will receive back some if not all of the premium payments that the insured paid plus some type of additional interest earns as well.

The accidental death benefit rider is an optional policy provision that pays an additional amount over and above your policy coverage amount in the event the insured's death is caused by an accident.

If a policy is «renewable,» that means it continues in force for an additional term or terms, up to a specified age, even if the health of the insured (or other factors) would cause him or her to be rejected if he or she applied for a new life insurance policy.

However, if the cause of death is other than accident then the insured will get the basic sum assured and the additional benefit will not be provided.

For instance, if the policyholder takes an INR 1 crore sum insured with the base cover only covering death caused by adventure sports, he / she will have to spend additional INR 4,300 for 25 % payout, INR 8,600 for 50 % payout and INR 17,200 for 100 % payout.

The accidental death or / and disability rider caters an additional sum assured in case of the demise of the insured or any disability is caused by an accident.

If the insured dies because of natural causes, the insurer will not pay the full death benefit to the beneficiary but instead will pay the total of all premiums paid to the company plus an additional small percentage of that amount.

Accidental Death Rider — a rider added to any life insurance policy that pays an additional death benefit if the insured dies of accidental causes.

If you are an additional insured, you may not be able to make a claim against the tenant's liability coverage when they cause a loss.

An additional insured can claim against the primary insured if the activities of the primary insured cause damage.

If your negligence causes a fire and your landlord is an additional insured, they likely won't be able to collect under your liability coverage because they're a party to the policy as additional insured.

In the event a Natural Disaster (i.e. volcanic eruption) causes an insured to be delayed 6 or more hours, there is coverage under Trip Delay benefits for 1) transportation to continue on the Covered Trip or to return home, 2) up to $ 100 / day for the Basic policy and $ 200 / day for the Enhanced policy for additional expenses if the delay requires an unplanned overnight stay and 3) unused non-refundable pre-paid expenses.

Naming your landlord as additional insured can cause coverage issues if you cause damage to the apartment or other rented premises.