Regardless of whether you are considering a first time purchase of excess insurance or if you are wondering if
your current excess insurance meets your firm's needs, you should consider what limits of liability should be purchased by your firm.
The second firm's
current excess insurance policy — if the firm has one — would generally not apply because the services giving rise to the claim were not performed for / on behalf of that firm.
As for excess insurance — if any — in this scenario (acknowledging there is no standard form of excess insurance policy and assuming the lawyer's former and new firms are unrelated), it would generally be expected that
the current excess insurance policy of the prior firm, if one exists, would be triggered.
Not exact matches
Increased Retiree Health
Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health i
Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in
excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at
current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health
insuranceinsurance.
In the event of a serious injury, an attorney may seek an
excess judgment if there isn't enough
insurance to cover
current and future medical bills.
Under the terms of the policy, the
excess of premium payments above the
current cost of
insurance is credited to the cash value of the policy.
The only advantage of an interest - sensitive life
insurance policy is its ability to include
excess or
current interests into the policy which results to an accumulation in your cash values.
If your
current car
insurance policy covers rental cars, then this will be your primary
insurance and all additional
insurance will be
excess or supplemental
insurance.
It's a good idea to do research, review your
current insurance, and speak to an
insurance professional to avoid
excess or duplicate coverage.