Sentences with phrase «because liability losses»

You'll want as much liability coverage as possible, because liability losses tend to be larger.

You'll want as much liability coverage as possible, because liability losses tend to be larger.

Not exact matches

Individuals who may be taking on personal liability because of their affiliation to another related business should consider restructuring their business as an LLC to shield themselves from financial losses to their personal savings.

A policyholder could find itself in the position of recalling on its own initiative or being asked by FDA to recall based on this «reasonable probability» standard, but not being able to satisfy the definition of «accidental contamination» under its specialty policy because it can not prove its product was W With the frequency of costly product recalls on the rise, many companies have considered purchasing specialty recall coverage to secure coverage for certain recall - related losses that are often excluded from general liability and property policies.

Because it can save you thousands or hundreds of thousands in liability and personal property losses.

Because you simply file a claim against your own policy for your own losses, resolution is much faster than if you had to pursue a liability claim against someone else and go through the entire process on your own.

Landlord insurance is important because it protects you from financial loss resulting from accidents, natural disasters, injuries and other liability issues associated with your rental property.

Some want to do so because they are hedging exotic instruments that do the opposite, others because they might be hedging long term guarantees for long - dated liabilities (pensions, etc.), looking to minimize losses synthetically.

Grand Pointe Park renters insurance liability coverage could pay for that loss, because you caused property damage to others through your negligence.

I consider them to be superior to banks because their asset - liability mismatch is so small, and they have generated small losses relative to banks and other depositary institutions.

Failing to purchase a renters insurance policy because you don't own many valuables is a mistake for two reasons: Almost everyone's personal belongings are worth more than they estimate and this philosophy completely disregards the value in liability and loss of use coverage.

In addition, the liability coverage helps to protect your assets from those who would make a claim or sue you because they feel you caused the loss.

Whether that's a theft from your car, a break - in, or a fire because your neighbor left a pan on the stove and turned around «just for a second» to answer the phone, or something else, there is a one hundred percent chance that you will suffer some type of financial loss as a result of a covered peril on renters insurance or incur liability between now and the end of your lifetime.

If someone else is responsible for a loss to the contents of your apartment because of their negligence, their liability coverage could pay you actual cash value, but let's face it: You don't want the actual cash value of your stuff.

Renters insurance liability would cover both parts of that loss, and you can rest assured that your child is covered because they're part of the definition of named insured, as is a resident spouse.

If your insurance company pays the loss and goes after the tenant, you can sleep well at night because it's just two insurance companies determining liability.

That puts you in the awkward position of also being responsible for their portion of the liability loss over and above what your policy is able to pay, because of that joint and several liability.

Liability coverage on your renters insurance is what protects you when those people who suffered a loss because of your negligence come calling looking for money to make them whole.

The easiest way to do that is with liability coverage on your renters insurance, because it takes care of the loss without you having to pay for it and the coverage is very affordable.

Because ETFs create in - kind liquidation units and trade like stocks, investors can control the timing and therefore the tax consequences of sales, as well as employing techniques such as loss harvesting and lot selection to manage their tax liabilities.

Liability coverage is as important because it can take care of the loss that person endures and you won't be overwhelmed with bills years to come.

Liability coverage on your policy comes to your defense if someone sues you because they thought you caused them injury or property damage, and will both defend you and pay for the loss.

The cost of insuring your liability and personal property is low here, because so few losses occur.

¹ Cash lets us protect perfectly against permanent loss risk and maintain certainty over being able to meet our short - term spending liabilities, however, because it loses purchasing power it leaves us exposed to this risk in the long - term.

A business umbrella policy differs from a personal umbrella policy because it focuses on specific liabilities businesses face, such as «errors and omissions,» meaning advice or consultation that results in a loss for the client.

Thus, the risk of a shareholder incurring financial loss on account of shareholder liability is considered remote, because it is limited to circumstances in which a disclaimer is inoperative and the Trust itself is unable to meet its obligations.

Property values could decrease because of overbuilding, environmental liabilities, uninsured damages caused by natural disasters, a general decline in the neighborhood, losses due to casualty or condemnation, increases in property taxes, or changes in zoning laws.

I agree to indemnify, hold harmless and release Judd Foundation, its directors, officers, employees, members, managers, affiliate, agents and contractors from any and all claims, liabilities, loss, damages, costs and expense of any kind whatsoever (including reasonable attorneys fees) by myself or any other person, entity, or corporation, and covenant not to sue or make any other claim because of the Foundation's decision to include or exclude a submitted work from the catalogue raisonné or its refusal to render an opinion on authorship.

A driver who purchases more than minimum insurance but is constrained from purchasing more because of insurers» refusal to sell enough to cover liability for catastrophic injury losses arguably commands more loyalty from the insurer after an accident occurs.

Premises liability is an area of personal injury law that involves losses suffered because of an incident that occurs on someone's property.

He refused to extend the liability because he considered that the sisters» deliberate inactivity in relation to the sums Shaid Luqman misappropriated (which they had not received), could not be said to have caused loss to the company.

Most insurance policies don't cover any kinds of intentional acts, because compensating someone for a loss that they intentional bring into being when you only have to pay for insurance when you plan on intentionally incurring liability is usually a horrible business model.

If the patient of a doctor does not become aware of her rights to opt into the class action because the doctor would not disclose the contact information of the patient, will that doctor be subject to potential claims and liability for the patient's loss if she has failed to opt into the class action?

Traditional insurance policies (e.g. commercial liability, business disruption and commercial crime policies) often do not cover losses and liabilities resulting from cybersecurity incidents, either because of narrow policy language or express exclusions.

Because all 50 states require motorists to cover liability insurance which will pay victim's injuries, if you sustained your TBI in a motor vehicle accident caused by another driver, you will likely be able to recover compensation for your losses.

The court held that because the plaintiff did not claim economic damage for the loss of the shirt, the breach of warranty claims were based in tort, and were therefore part of the products liability claim under the Indiana Products Liability Acliability claim under the Indiana Products Liability AcLiability Act (IPLA).

This was, furthermore, the approach of the CJEU in Case C - 352 / 13 CDC v Akzo [2015] QB 906, in which it was held that a clause ``... which abstractly refers to all disputes arising from contractual relationships» would not cover tortious liability as a result of a cartel, because ``... the undertaking which suffered the loss could not reasonably foresee such litigation at the time that it agreed to the jurisdiction clause» (paras 69 - 70).

Second, seriously injured accident victims often received no compensation for medical expenses, wage loss, attendant care or household services because the minimum required liability coverage was only $ 20,000.00.

It demonstrates that merely because a claimant's loss consists of a contingent liability that he would not have been exposed to had he been properly advised, does not mean that actual damage can only be suffered when the contingency occurs.

They argued they should be involved in all three proceedings because if the doctor who was named as the defendant in the first medical action «has any joint liability for the plaintiff's injuries then there will be no or minimal compensable loss that can be claimed in the solicitor's action.»

Life insurance is important for business owners because it can help protect the business from financial loss, liabilities or instability in the case of an owner or business partner's death.

A business umbrella policy differs from a personal umbrella policy because it focuses on specific liabilities businesses face, such as «errors and omissions,» meaning advice or consultation that results in a loss for the client.

Moore says while renters insurance might offer you some liability coverage plus protection against damage or loss due to fire, it may not cover a theft while a subtenant is living in the residence because it would be easy for that person to steal.

Commercial Auto - coverage for motor vehicles owned by a business engaged in commerce that protects the insured against financial loss because of legal liability for motor vehicle related injuries, or damage to the property of others caused by accidents arising out of the ownership, maintenance, use, or care - custody & control of a motor vehicle.

10.Section - X-Public liability - any loss or damage to public property because of insured peril is also covered.

If you have automobile liability insurance you will have coverage for third party casualty in the case of bodily injury, this coverage extends not just to damage to the individual party and any associated medical expenses they have for treating the damage but also to the losses they incur because of the injury or treatment — which can include the loss of work.

Landlord insurance is important because it protects you from financial loss resulting from accidents, natural disasters, injuries and other liability issues associated with your rental property.

This is because there is something called insurable interest, which is basically any person or entity who would incur a loss or liability at the death of the insured.

Second, if the fire was your fault, your liability coverage can protect and shield you from the claims of others who suffered a loss because of the fire.

This is because you face a greater risk of loss and liability when tenants occupy your home.