Sentences with phrase «financial loss if»

Loss Assessment Condominium coverage provides up to $ 1,000 of protection against financial loss if damage to commonly owned property exceeds the amount of coverage in the condo association master policy.
The risks faced by landscapers include the potential to damage a client's property, injuries for your employees or someone in the vicinity of work being performed, lawsuits, or financial loss if your company is not able to produce work for a period of time.
They have what insurance companies call «Insurable Interest,» which is defined as someone who has a proven relationship with the insured person and who would suffer a financial loss if that person died.
Lack of ATV insurance coverage can result in financial loss if your ATV is stolen or damaged or if you are involved in an accident, particularly if you are responsible and the accident results in serious injuries to another person.
Keyman insurance is meant to protect a company from financial loss if a critical employee or director dies.
Lack of coverage can result in financial loss if your ATV is stolen or damaged or if you are involved in an accident, particularly if you are at - fault and the accident results in serious injuries to another person.
But always bear in mind a higher deductible will greatly increase your financial loss if you ever have to make a claim.
You wouldn't suffer a financial loss if it were to burn to the ground — not based on the ownership of the building itself, anyway.
He wouldn't suffer any financial loss if all of your stuff were to be stolen or lost in a fire.
Liability insurance can protect you from a major financial loss if you are responsible for a collision in which a third party suffers property damage or injuries.
You may own a life insurance policy that insures someone else's life if you have an Insurable Interest in that person, meaning you either rely on the person for some form of financial support, or you should suffer some financial loss if the person you want to insure would pass away.
Insurable interest means the beneficiary would suffer a measurable financial loss if you were to die.
So we know a beneficiary must have an insurable interest in you; meaning they would suffer a financial loss if you died.
For homeowner's insurance, a basic policy should protect you from financial loss if your home or property is destroyed or if someone is injured on your property.
You are protected against financial loss if you would meet an accident.
The liability coverage of your homeowners policy, which typically protects you from financial loss if you're legally obligated to pay for another person's injuries or for damage you do to their property, will typically not extend to a guest.
The landlord wouldn't suffer a financial loss if your property were damaged, so the landlord can't insure against that risk.
(You don't suffer a financial loss if the building is damaged.)
An insurable interest means the beneficiary has a financial interest in the continued life of the insured and that the beneficiary would sustain a financial loss if the insured die prematurely.
You can name any person (or entity) that has an insurable interest in you (meaning they would suffer a financial loss if you were to die).
This cover helps you recover from the financial loss if your two - wheeler gets stolen or gets totally damaged by paying you the full value of your vehicle.
Family Liability Protection can help protect you from financial loss if you're legally obligated to pay for another person's injuries or damage to another person's property.
You have to ask yourself the most important question, will my family members suffer from a financial loss if my income no longer exists due to my passing.
3Annuitants are said to have an «insurable interest» in the other when they stand to gain or benefit from the continued existence and well being of the other, and would suffer a financial loss if there is a damage to the other.
These policies are designed specifically to protect you from suffering significant financial loss if your home is completely destroyed by a major earthquake.
(Private Mortgage Insurance) PMI is a specialized insurance policy provided by private insurance companies that protects a lender from financial loss if a borrower defaulted on their loan.
Homeowners insurance is designed primarily to protect you from financial loss if you lose your home or suffer significant damage due to a disaster.
Answer: Typically both spouses need life insurance if there would be a financial loss if either of them were to pass away prematurely.
This may cause a financial loss if the assets must be sold cheaply in order to get the money on time.
Our specialty event insurance for weddings helps protect you from financial loss if you have to cancel or reschedule, or if your wedding takes place as scheduled but you experience a covered damage or loss to your dress, rings, photos / video and more.
Most people purchase life insurance for the purpose of protecting loved ones from a potential financial loss if an insured individual should pass away.
Just as you can purchase property insurance to protect yourself from financial loss, liability insurance protects you from financial loss if you become legally liable for injury to another or damage to property.
If you have adequate travel insurance coverage, you can be assured that you will not suffer major financial loss if you become a victim of an accident or -LSB-...]
If you have adequate travel insurance coverage, you can be assured that you will not suffer major financial loss if you become a victim of an accident or other complication during your travel.
In most cases, travelers are required to pay hundreds or thousands of dollars for air tickets, and they will suffer considerable financial loss if they fail to make their flights for some reasons.
Some travelers keep expensive things such as jewelry, laptops, electronic gadgets, antiques, and costly sports equipment in their bags, and they will suffer great financial loss if they lose their bags.
These days, even a legitimate and verifiable emergency won't sway the customer service representatives and travelers often find themselves looking at a significant financial loss if they have to cancel or abandon their trips — vacation and otherwise — to handle that emergency.
To make sure that they do not suffer great financial loss if they miss their flight, they should purchase travel insurance before any trip.
With the right policy in place, you won't be hit with a major financial loss if you get into an accident.
Motorcycle Insurance protects you from financial loss if you have an accident while riding your bike and gives you a peace of mind when you are on the road.
In layman's terms, insurable interest means that you would have a financial loss if your parents were to pass away.
PMI is a specialized insurance policy provided by private insurance companies that protects a lender from financial loss if a borrower defaulted on their loan.
Property damage insurance protects you from financial loss if you are at fault in an accident.
An example could be someone operating in business under a different name (not illegal); someone who would suffer financial loss if a business or general public knew some info about them; or someone who has faced public scrutiny (i.e., false criminal punishment) and can not, at least in good public image, disclose or have someone disclose their identity outside of private business matters.
Slip and fall injuries can be serious and you could face significant financial loss if you do not take action to get the money you need and deserve.
to finish the job and protects you from financial loss if the company goes out of business before completing the work.
There is financial loss if hackers successfully sell customer data or use it to steal from bank accounts.
However it is slightly different in judicial review cases because the defendant, as a public body, may well suffer no financial loss if the decision is reversed.
After all, it's a huge financial loss if something happens.
There are a couple of reasons that a person might choose to use insurance even if they could handle the financial loss if something went wrong.
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