Sentences with phrase «amount of financial responsibility»

Renting has some perks and some disadvantages, and while you will not be accepting a high amount of financial responsibility as a renter, there are still some things that you will need to prepare for.

«While not as much as a house, owning a condo does show a certain amount of financial responsibility and an insurance company will take that into consideration by giving some discount, maybe just not as high as a homeowners discount,» Burr says.

Many employers like to credit - check job applicants before making a hire, particularly if the role comes with a large amount of financial responsibility.

All 50 states and Washington D.C. have minimum amounts of financial responsibility that drivers are required to prove in order to drive legally.

Not exact matches

As head of the UK Debt Management Office, it is his responsibility to find financial institutions prepared to take the risk for the record - breaking amounts of British government debt flooding the market.

Limited (LWA) writes below, there is a huge amount of responsibility in terms of financial, auditing and reporting issues which many Academies find overwhelming.

A certain amount of its cash and the responsibility for how it is spent nationally will be retained by Whitehall but the bulk of the money — and financial incentives for those who show how it improves local health — will pass to the local Clinical Commissioning Groups [CCGs] and Health & Wellbeing Boards.

Capping tuition at the amount of the voucher or ESA allocation reduces parents» direct financial responsibility, which is essential to maintaining parental control over «what, where, and by whom their children are taught.»

(B)(i) that such unit shall be located at an organizational level and shall have an organizational status within such State agency comparable to that of other major organizational units of such agency, or (ii) in the case of an agency described in clause (1)(B)(ii), either that such unit shall be so located and have such status, or that the director of such unit shall be the executive officer of such State agency; except that, in the case of a State which has designated only one State agency pursuant to clause (1) of this subsection, such State may, if it so desires, assign responsibility for the part of the plan under which vocational REHABILITATION services are provided for the blind to one organizational unit of such agency, and assign responsibility for the rest of the plan to another organizational unit of such agency, with the provisions of this clause applying separately to each of such units; provide for financial participation by the State, or if the State so elects, by the State and local agencies to meet the amount of the non - Federal share; provide that the plan shall be in effect in all political subdivisions, except that in the case of any activity which, in the judgment of the Secretary, is likely to assist in promoting the vocational REHABILITATION of substantially larger numbers of handicapped individuals or groups of handicapped individuals the Secretary may waive compliance with the requirement herein that the plan be in effect in all political subdivisions of the State to the extent and for such period as may be provided in accordance with regulations prescribed by him, but only if the non - Federal share of the * cost of such vocational REHABILITATION services is met from funds made available by a local agency (including, to the extent permitted by such regulations, funds contributed to such agency by a private agency, organization, or individual);

Still, I feel an enormous amount of personal responsibility toward our existing shareholders, and honestly, my greatest worry is that the challenges we've had during the recent cycle will provoke any of them to capitulate and chase the market at these levels, possibly capturing some short - term gains, but ultimately doing damage to their financial security.

If your financial assessment determines that you may need to put money into a Life Expectancy Set Aside to uphold these responsibilities, that money will also be taken out of your proceeds and will affect the final amount you are able to use at your discretion.

For co-signers, this releases them from future financial responsibility to that loan, and it may also assist them in improving their own financial profile by reducing the amount of debt in their name.

You recognize that the foregoing policy also applies to a cash deposit which is the result of a promotional award to you by us, or on your behalf by entitled third - parties such as your financial institution, to a qualified - type Account; and that it is your responsibility to monitor related amounts and their timing.

Car title loans are a convenient way of making quick cash to assume a sudden financial responsibility during difficult times or basically pay for a sizeable amount without going through the hassles and risks of putting a home up for another mortgage.

As you have several financial responsibilities including paying down your debt and mortgage, as well as paying for your kids» college — it is vital to have significant amount of income to help ease your monetary burden.

Reservations canceled within sixty days prior to the date of your arrival incur a fee equal to the entire rental amount less a refund (up to your nightly rate) for those nights we are able to re-rent the condo IF we are indeed able to re-rent the condo (note the administrative cancellation fee will nonetheless apply) Please note that we do not assume financial responsibility for any cancellations due to unexpected circumstances.

There is no requirement that the court determines the financial contributions of the non-custodial parent; however if the parents can not agree upon an acceptable monthly amount, or at the request of a parent, the financial responsibility can be determined by the court using Virginia's child support guidelines.

It comes with a hefty amount of responsibility and a bit of financial risk as well.

Financial responsibility laws for drivers require them to buy a specific minimum amount of insurance in a liability insurance package that varies by state.

This proof may come in the form of an auto liability insurance policy, a Financial Responsibility Bond or a BMV Certificate in the amount of $ 30,000.

In the United States, auto insurance limits are the pre-defined limits of the liability responsibility set in financial terms (dollar amounts) that...

For the purpose of this section, an «uninsured motor vehicle» shall be a motor vehicle as to which there is no bodily injury liability insurance and property damage liability insurance in at least the amounts specified in subsection (c) of G.S. 20 - 279.5, or there is that insurance but the insurance company writing the insurance denies coverage thereunder, or has become bankrupt, or there is no bond or deposit of money or securities as provided in G.S. 20 - 279.24 or 20 - 279.25 in lieu of the bodily injury and property damage liability insurance, or the owner of the motor vehicle has not qualified as a self - insurer under the provisions of G.S. 20 - 279.33, or a vehicle that is not subject to the provisions of the Motor Vehicle Safety and Financial Responsibility Act; but the term «uninsured motor vehicle» shall not include:

A minimum amount of commercial auto liability insurance (or proof of financial responsibility) is required in most states.

In the United States, auto insurance limits are the pre-defined limits of the liability responsibility set in financial terms (dollar amounts) that the insurer will pay in the event of a claim.

Each state has its own laws governing the amount of fines and penalties that come with violations of financial responsibility laws.

Acceptable methods of proving financial responsibility include a motor vehicle liability insurance policy, a Department of Motor Vehicles issued self insurance certificate, a cash deposit of $ 35,000 with the Department of Motor Vehicles, or a surety bond in the amount of $ 35,000 from an insurance company that is authorized to conduct business in the state of California.

In New Hampshire, any traffic accident, which results in property damages amounting to $ 1,000 and / or any sort of bodily injuries, must be filed with the Bureau of Financial Responsibility in an Accident Report.

You must also comply with the Financial Responsibility Act requirements such as filing an accident report or, if not insured, posting security in the amount of damages, filing an SR22 with the Motor Vehicle Division, entering into an agreement to pay the other party, and being released by the other party or being adjudicated not liable for damages.

To ensure everyone on the road is covered in case of an accident, most states require drivers to carry a minimum amount of Liability insurance, or establish financial responsibility in some other way.

In addition, if you choose to purchase automobile insurance to prove your financial responsibility according to the law in VA, your policy must also contain uninsured / underinsured motorist coverage, though there are no minimal amounts of this insurance required by the state.

«Term» refers to the coverage that lasts for a specific amount of time usually between 10 to 30 - years to either take care of temporary financial responsibilities or provide affordable coverage while your situation gets better.

There are penalties involved in not maintaining the minimum amount of insurance or proof of financial responsibility.

Drivers can also opt to show proof of financial responsibility by filing a cash deposit or surety bond in the amount of $ 35,000.

You must have at least the minimum amount of liability coverage required by the «Texas State Financial Responsibility Law».

An SR - 22 certificate of financial responsibility verifies that the named individual is carrying at least the state - mandated amount of car insurance.

Basically, the issue for life insurance companies isn't how many policies you own, but rather the total amount of life insurance coverage you have compared to your income, assets and financial responsibilities.

Basically, the issue for insurance carriers isn't how many policies you own, but rather the total amount of life insurance coverage you have compared to your income, assets and financial responsibilities.

Basically, term insurance is appropriate for young professionals who have financial responsibilities for a specific amount of time.

Under both its Financial Responsibility and No - Fault laws, vehicle owners are required to carry the minimum amounts of $ 10,000 for property damage liability (PDL) and $ 10,000 for personal injury protection (PIP).

If you take on a higher deductible you will be accepting a higher amount of personal financial responsibility and will be offered much lower rates on your policy.

Instead, drivers can demonstrate that they can cover the cost of at - fault accidents, known as a driver's «financial responsibility,» either by holding a minimum auto insurance policy or a bond for the same amount.

An SR22 form, known as «proof of financial responsibility is not insurance; rather, it is a certification filed by your auto insurance company that you will maintain the minimum liability insurance for a predetermined amount of time.

Tennessee car insurance laws, also known as Financial Responsibility Laws, require drivers to carry certain minimum amounts of auto insurance limits in case of an accident.

An SR - 22 is a certificate of financial responsibility that ensures that you are meeting your state's car insurance requirements, and that you will continue to meet these requirements for a specified amount of time (generally 3 years).

To know whether Rs 25 Lakhs is enough or not, 1) evaluate the value of your financial liabilities like home loan and other loans and 2) evaluate the value of your financial responsibilities like child education, child marriage, retirement etc From the above two subtract the value of your assets and you can get the insurance cover amount

Most states require you to have either a certain amount of liability coverage (which typically handles bodily and personal injury coverage) or some other proof of financial responsibility before you can register and drive your vehicle; however, make sure you are familiar with any additional coverage types your state requires.

In Arizona, the minimum amount of liability insurance coverage required to satisfy the Arizona Financial Responsibility law is 15,000 / 30,000 / 10,000.

Adding all these 3 amounts (present value of future income, financial liabilities and financial responsibilities) I arrived at the amount of 1 crore.

Make sure the amount is good enough to cover your future income of 13 years and good enough to cover your financial liabilities (home loan and any other loans) and financial responsibilities (children's education and marriage).

Some pointers to be considered for deciding the insurance amount can be: The present value of all your future earnings + your financial responsibilities (children's education & marriage, spouse retirement) + your financial liabilities (home loan and any other loans)-- the value of your assets