Insurance products are essentially transferring
the cost of a particular event to a third party, by not having insurance for a risk event you are in effect self - insuring and bearing the cost of the event yourself.
Not exact matches
While Desmond won't give me precise numbers, he tells me that the
cost of this
particular five - day Disrupt in San Francisco is «north
of $ 1 million» — and that the
event is quite profitable for the company.
In the
event we are found liable for any
cost or damage suffered by you, the liability
of ConsumerDirect and its employees and agents shall be limited to the Membership and / or Action fees associated with the
particular Action in question.
So if a standard $ 100 contract
costs $ 40, the market believes the likelihood
of that
particular event to be around 40 %.
The manner
of dismissal may lead to significantly more
costs in damages in any
event, and, in
particular as will be discussed here, when intersected with human rights issues.
She adds corporate sponsors
of any
event should seek an indemnification from the
event organizers for any third party claims in respect
of any damages, liabilities, losses,
costs, or expenses
of any kind arising out
of the
particular event.
For example, psychiatrists testify to the existence
of various mental states, doctors testify as to the cause
of an injury or death, accident reconstructionists testify to the location or cause
of an accident, economists or rehabilitation specialists testify to future employment prospects and future care
costs, fire marshals testify about the cause
of a fire, professionals from a wide variety
of fields testify as to the operative standard
of care in their profession or the cause
of a
particular event.
It is important to note, however, that if and when you need your policy to chip in for repairs, an increased deductible (or even worse, a gap in your new policy that means you are no longer covered for this
particular event) could end up
costing you a small fortune out -
of - pocket.
In
particular, the high
cost of repairs after a severe weather
event damages or destroys your home can be mitigated by an insurance policy fit to your needs and budget.
If the
events are intended to, or are otherwise in connection with, promoting or bringing about a
particular outcome in the referendum then the full
cost of the
event would be reportable.