Sentences with phrase «for additional insured»

The coverage limits for an additional insured rider vary by insurer, but will typically have a minimum and maximum dollar amount (such as $ 50,000 to $ 500,000 of coverage).
This clause eliminates the need for additional insured endorsements under the BAP.
The omnibus clause eliminates the need for additional insured endorsements under a commercial auto policy.
In some cases, the maximum death benefit for an additional insured can be as high as those of the primary insured, meaning your spouse would have the same amount of coverage as you.
The coverage limits for an additional insured rider vary by insurer, but will typically have a minimum and maximum dollar amount (such as $ 50,000 to $ 500,000 of coverage).

Not exact matches

The additional capital is needed to expand in terms of equipment for the expansion into other forms of transcription, as well as have the capital backing to insure payment to contractors.
If you're an e-commerce store who is drop shipping or reselling products from a wholesaler, ask them for a certificate of insurance listing your company as an additional insured before you begin selling their products.
If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.
And one additional question as this vehicle registration has been suspended for about 3 months — were the plates turned in and has the car remained insured while the registration was suspended?
«Receiving additional funding will help position our organizations to not only survive, but thrive in uncertain economic times, insuring the valuable program services that we all provide for the youth in our communities,» said Tracey Karp, Executive Director, Boys & Girls Club of Elma, Marilla & Wales.
February 27, 2013 Study: Doctor shortage to hit Chicago's poorer neighborhoods harder Some of Chicago's poorest neighborhoods are expected to see the greatest demand for additional primary care doctors in 2014, as the Affordable Care Act boosts the number of newly insured patients seeking medical services, a new study has found.
Some of Chicago's poorest neighborhoods are expected to see the greatest demand for additional primary care doctors in 2014, as the Affordable Care Act boosts the number of newly insured patients seeking medical services, a new study has found.
Your order is also insured so that if anything goes wrong with the delivery, we can replace it for you quickly and at no additional cost.
The locally assembled Ssangyong Actyon with automatic transmission goes for RM 91,989.20 for private registration exclusive of insurance, which costs an additional RM 2,627.90 for an insured value of RM 91,000 and also a further RM300 for front windscreen insurance.
Additional insured status provides risk transference for the property manager, meaning that some of the risk they might normally take on is now taken on by you and your policy.
By making your landlord an additional insured, you've just destroyed all utility of the policy for your landlord.
The additional insured endorsement has its place, but that place is primarily in the world of commercial lines insurance and personal lines automobile policies, though only for leased vehicles.
You can also contact us here at Effective Coverage — we provide renters insurance for unmarried couples (complete with additional insureds) and offer policies starting at under $ 15 a month!
All brokerage accounts are SIPC - insured up to $ 500,000, and Wealthfront obtained an additional $ 150 million coverage for added security.
Since you generally do not incur liability which would extend to your landlord, there is no reason for property management to be an additional insured on an HO - 4 in Sonoma County.
A subcontractor will list the general contractor as additional insured on the subcontractor's policy because if there's a loss, the contractor is responsible for the work of his subs.
By listing a renters insurance interested party instead of a renters insurance additional insured, you preserve your right to take action against them for something that's potentially covered under the policy.
If simply adding an additional named insured isn't an option for your carrier, you can also endorse your partner onto the policy as a roommate.
With additional insured status for the landlord, or without subrogation as a remedy, the same process becomes a significant risk.
If Maryland can outlaw additional insured status for landlords, which seems reasonably likely this session, you need a tracking platform that can integrate current records, track and verify renewals, send out customized compliance notifications, and centrally process all of the renewals, cancellations, and other mail that each policy generates.
But putting that aside for a moment, let's take a look at some of the impacts of no longer being able to use a lease that requires additional insured on a tenant's insurance policy.
Some landlords request renters insurance with additional insured status for themselves.
Under the Energy Efficient Mortgage program borrowers with FHA - insured loans could qualify for a larger loan (or refinancing amount) so long as the additional funds are used to make improvements to the home.
Maryland has made an attempt to outlaw additional insured status for landlords.
Guaranteed Purchase Option Rider: allows the insured to purchase additional life insurance coverage with no evidence of insurability at specific ages or for specific events, such as marriage, buying a home and the birth of a child.
For what it's worth, adding an additional named insured is not always the best way to go in situations other than spouses.
Additional features available that will pay you the full cost to rebuild your home if necessary, even if it's more than the amount for which your home was insured.
Listing the property management and owner as additional insured could be disastrous for both of you.
However, if you only need financial coverage for a particular period of time, you would probably be better served buying a term life insurance policy with an additional insured rider.
Maryland is trying to outlaw additional insured status for residential landlords.
You can not remove an additional named insured or coapplicant, and the check for a claim would come in both names.
While you can get coverage for this scenario through an additional insured rider, you may need a joint life insurance policy if the maximum death benefit for a rider isn't large enough.
If have your landlord as an additional insured, your insurance policy will potentially defend your landlord if you're both partially liable for a loss such as a guest who slipped on ice that you both had a duty to remove.
And, even if that's not the case initially, additional insured riders usually only guarantee level premiums for a certain number of years.
Additional insured doesn't mean they have any interest in coverage for your personal property, either.
You generally don't want to require additional insured status — Maryland even tried to outlaw additional insured for residential leases recently.
All forms of home insurance also provide additional living expenses (ALE) coverage for the extra costs of living away from home if it is uninhabitable due to damage from an insured disaster.
For example, if you like going off - road, you can purchase additional peril coverage that insures your motorcycle against damages that may occur when you ride in those conditions.
Renters insurance for unmarried couples, gay couples, or even couples who choose not to label themselves is as simple as letting your renters insurance expert know that you have someone else who should be listed on the policy as an additional named insured.
If you've previously been insured as an additional driver on, for example, your parents» policy, call your insurer and ask if they'd be willing to take this into account for a no - claims bonus.
If a civil authority prohibits your use of the residence because of direct damage to a neighboring premise by a peril insured against, coverage is available for additional living expenses.
The features promised in the TV commercials include: «A reverse mortgage is a safe government insured loan, allows borrowers to remain in their home for life, no mortgage payments, create a stable secure retirement, provide additional income, a better quality of life.
Coverage is available for the following subject to underwriting approval: E&O, General Liability, radon, pest, commercial, lead paint, FHA, HUD and VA Inspections (Including 203K), prior acts (qualified applicants), agent referral, additional insured (franchises), pool and spa, EIFS / Stucco, Indoor Air Quality Testing, Green Building Inspections, Infrared Thermography, Rodent inspections, mold, septic / water testing, mortgage field services and energy rating, multiple inspectors, independent contractors and other services.
You can insure for more than the cost of the mortgage to make sure that your family has some additional funds to live off.
In addition to buildings and contents insurance most companies will insure accidental damage for an additional fee.
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