The prior owner should be named
as the additional insured ONLY.
Not exact matches
Davis Systems are hereby added to the policy
as additional Insureds but
only with respect to liability arising out of the operations performed by or for the named
insured but excluding any negligent acts committed by such additional I
insured but excluding any negligent acts committed by such
additional InsuredInsured.
Not
only can your landlord legally require you to have renter's insurance
as part of the lease agreement, but your landlord may require you to include him or her in the policy
as an «
additional insured» or a «secondary
insured.»
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.
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).
Furthermore, if a claimant is an
insured under the underinsured motorist coverage on separate or
additional policies, the limit of underinsured motorist coverage applicable to the claimant is the difference between the amount paid to the claimant under the exhausted liability policy or policies and the total limits of the claimant's underinsured motorist coverages
as determined by combining the highest limit available under each policy; provided that this sentence shall apply
only to insurance on nonfleet private passenger motor vehicles
as described in G.S. 58-40-15 (9) and (10).
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).
To accomplish this, companies give the best deal to clients who will use their company to
insure all three main lines of insurance,
as people who buy one type of insurance usually have
additional items that need
insuring and end up paying much more in total annual premiums than the single - line customer who
only insure a car or a house.
This means that, if the
insured dies within just the first two or three years of owning the policy, the beneficiary may
only receive back the amount that was paid in
as premium (and possibly some
additional interest
as well).
You
only need to
insure prepaid and non-refundable expenses that you would lose if you cancel, so if you
only have to put down a deposit, you can choose to
insure that amount and add to it
as you make
additional payments.