Sentences with phrase «general insurance principles»

Written by law firms within each state, the summaries cover general insurance principles and leading court opinions.

Not exact matches

The Court found that the interpretation of insurance contracts involves a unique blend of the general principles of interpretation applicable to all contracts and the unique principles applicable in the insurance setting.22 While courts have found that the «language of the policy» is the most important factor in determining whether coverage is granted or excluded, courts have found that where there is genuine ambiguity or doubt, the duty to defend ought to be resolved in favour of the insured.23 Similarly other insurance law principles should be considered, such as the principle that coverage provisions should be construed broadly and exclusion clauses should be construed narrowly.24 It was this last principle that the Court looked to in making a decision in this case.

It should probably be seen as a violation of the general principle of equality to construct legislation that excludes even the possibility — it is not just a question of money, the insurance does not exist on the market — of non-economic migration for those with chronic or ongoing illnesses, even though they may well be capable of study or normal life.

We in Ontario prefer general concepts, like the mirror, curtain and insurance principles, or the bona fide purchaser without notice, or the doctrine of deferred indefeasibility.

The ONCA referenced the prior decisions of Haldenby v. Dominion of Canada General Insurance Company and Ladhar v. Economical Mutual Insurance Co. (upheld by the Court of Appeal in Wadhwani v. State Farm Mutual Automobile Insurance Company), which addressed the same issue and concluded that the Plaintiff's argument based on the return to work provision would extend an Insured's entitlement to benefits for an indeterminate period of time, and would be inconsistent with the need for finality, certainty and the principle of diligence, underlying limitation periods.

Much of the information about how Condominium Coverage works reflects the general principles of Homeowners Insurance.

Srinivasan also said that New India Assurance, alongwith the other three public general insurers is looking to get an in - principle approval from Insurance Regulatory and Development Authority (Irda) to set up an in - house third party administrator (TPA).

In the first place, as a general principle, everyone should be honest, anyway, but when it comes down to cost - benefit and the need for a secure life insurance policy, it's simply just not worth the risk to either lie or be careless in the application.

I recently read a New York Law Journal article that, prompted by the March 16, 2011 Eastern District of New York decision, American General Life Insurance Company v. Salamon, discussed how the principle of waiver can preserve a life insurance policy that the insurance company has attempted tInsurance Company v. Salamon, discussed how the principle of waiver can preserve a life insurance policy that the insurance company has attempted tinsurance policy that the insurance company has attempted tinsurance company has attempted to cancel.

But this general principle of homeowners insurance still applies: you want to get the best coverage at the lowest rates.

In general the principle is that you should have low cost senior life insurance protection that is between five and eight times your annual salary.

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