Sentences with phrase «insurance against the failure»

Trade credit insurance, as defined in this article, refers to insurance against the failure to pay trade debts in connection with a specific transaction or a portfolio of transactions or operations.

Not exact matches

the failure or misuse of our products may damage our reputation, necessitate a product recall or result in claims against us that exceed our insurance coverage, thereby requiring us to pay significant damages;
In this way, owning preferred stock is kind of like insurance against a startup's failure.
Adequate Capital Investment and Insurance Coverage It is important to protect the corporation against failure due to debts and lawsuits.
And while the government insures your deposits against bank failures, FDIC insurance doesn't protect you from losses due to fraud.
Crop insurance provides growers with protection against crop production losses caused by drought, hail, excessive moisture, earthquake, fire, wildlife, failure of irrigation water supply or insects and plant disease (unless control measures have been insufficiently or improperly applied).
Ecosystem - based approaches provide an important route to sustainable action and represent a vital insurance policy against irreversible damage from climate change, whereas failure to acknowledge the relationship between climate change and biodiversity and failure to act swiftly and in an integrated manner could undermine efforts for improvements in both areas.
Directors & Officers Liability Insurance indemnifies directors and officers against financial liability in the event of a claim regarding perceived failures in their performance and duties as managers.
The primary benefit of sweeping uninvested cash balances to a bank deposit program is to obtain FDIC insurance, which protects your cash against losses in the event of a bank failure (up to $ 250,000 per bank per account type and up to $ 1.5 million allocated across banks in this program).
Like the FDIC Deposit Insurance Fund, NCUSIF provides insurance for savings at its member credit unions (98 % of credit unions across the country, including all federal credit unions, are members of NCUA) against failure of a member union (so far in 2008, 8 NCUA insured credit unions haveInsurance Fund, NCUSIF provides insurance for savings at its member credit unions (98 % of credit unions across the country, including all federal credit unions, are members of NCUA) against failure of a member union (so far in 2008, 8 NCUA insured credit unions haveinsurance for savings at its member credit unions (98 % of credit unions across the country, including all federal credit unions, are members of NCUA) against failure of a member union (so far in 2008, 8 NCUA insured credit unions have failed).
(As with all securities firms, this insurance provides protection against failure of a broker - dealer, not against loss of market value of securities).
Private mortgage insurance typically covers the top 20 % of a home loan against borrower default (failure to pay).
Goldman Sachs who played both sides of the Mortgage Securities fraud knowingly pushing mortgages doomed to fail to clients at the same time secretly taking out an insurance policy against its failure was fined a token $ 550million which is chump change for Goldman Sachs.
To reduce the indirect effects of such receivership on other institutions, it would be helpful to legislate a restriction on the use of credit default swaps (essentially insurance contracts against the failure of a company's bonds), requiring that such swaps may be used for bona - fide hedging purposes only.
Representing a not - for - profit company in a lawsuit in the District of Puerto Rico against an insurance and bonding company for the company's failure to pay or perform under a surety bond that guaranteed a general contractor's obligation to construct a housing facility for the elderly.
Confidential (2016): instructed to advise Owner of yacht (lost in a fire / sinking) in relation to potential claim against Lloyd's Underwriters / brokers regarding alleged material non-disclosures and alleged failure to comply with insurance policy subjectivities
Disputes against insurance agents and brokers with respect to claims involving the alleged failure to obtain insurance coverage or limits
Settlement, $ 1.53 Million Breach of contract claim against insurance company for failure to make payment on Commercial Crime Policy.
In turn, these disputes often lead to claims against insurance brokers for a failure to ensure placement of adequate insurance or to explain the terms of the policy and the consequences of breaching those terms.
In the course of proceedings before the tribunal between the commissioners and the taxpayer company, X, in relation to X's liability under a county court judgment for unpaid PAYE income tax and national insurance contributions, the tribunal awarded costs in the sum of # 30,500, against the commissioners because of their «serial failures to comply with the time limits in the tribunal, rules and directions».
Your insurance company's failure to do so may give you the right to take legal action against them.
Representation of a powerboat owner in action against marine casualty insurer for failure to provide coverage and violations of M.G.L. c. 176D and against insurance agency for malpractice.
The Industrial Commission ruled against Mr. Wright, assessing damages and penalties against Kevin for the worker's injuries and for failure to provide insurance.
Make sure to consider the purpose of the vehicle before filing suit against the owner for failure to maintain mandatory insurance.
Following the accident and the insurance company's failure to pay their requested amount, the plaintiffs filed a wrongful death lawsuit against the other driver as well as their own insurance company.
There is a growing trend towards seeking punitive and personal legal action against executives for failure to follow regulations and standards which could result in costly investigations, criminal prosecutions or civil litigation putting the company's assets, or their own, at risk, AGCS says in its new report D&O Insurance Insights: Management liability today.
Failure to maintain proper levels of insurance coverage is against the law in Alaska.
Failure to carry car insurance that meets or exceeds Massachusetts's minimum coverage requirements is against the law, and it can have serious consequences.
Indemnity insurance protects against claims arising from possible negligence or failure to perform that result in a client's financial loss or legal entanglement.
It becomes imperative to obviate the risk of these lifestyle ailments through health insurance that provides comprehensive protection against diseases such as cancer, heart attack, stroke and kidney failure among others.
First off, if you participate in these sorts of things the first thing you need to know is that Failure to work with a life insurance agent that knows what he is doing could really work against you.
Critical Illness Insurance — Although similar to the policies we've already seen, Critical Illness Insurance protects against the big health conditions that provide a genuine threat to life and this includes major organ transplants, heart attack, stroke, cancer, heart surgery, and kidney failure.
The company's health insurance products consist of accidental injury insurance which provides benefits if insured is injured or dies from an accident; cancer insurance which assists in paying costs related to cancer treatment and recovery; critical illness insurance which offers lump - sum benefits upon the diagnosis of a critical illnesses, such as cancer, heart attack, stroke and kidney failure; heart / stroke insurance which pays indemnity benefits for a range of treatments, services and expenses in the event of a heart attack or stroke; hospital insurance which helps pay costs associated with hospital care, including emergency room visits; and Medicare supplement which protects against the expenses not paid by Medicare.
The two wheeler insurance policy by National Insurance Company Limited doesn't offer coverage against wear and tear, electrical or mechanical breakdown, breakages or failures and Consequeninsurance policy by National Insurance Company Limited doesn't offer coverage against wear and tear, electrical or mechanical breakdown, breakages or failures and ConsequenInsurance Company Limited doesn't offer coverage against wear and tear, electrical or mechanical breakdown, breakages or failures and Consequential loss
Critical Illness Insurance: This type of insurance covers a policyholder against chronic diseases like heart attack, stroke, kidney failInsurance: This type of insurance covers a policyholder against chronic diseases like heart attack, stroke, kidney failinsurance covers a policyholder against chronic diseases like heart attack, stroke, kidney failure etc..
Plus... failure to resolve the process within the timeframe indicated on your citation will lead to any points from the traffic infraction being added against your license (which will be reported to your insurance company and could lead to an insurance increase).
A Critical Illness insurance plan guards you against the financial expenses that occur in the diagnosis of critical diseases such as cancer, heart attack, kidney failure, etc..
Lawyer's professional indemnity insurance provides protection against litigation related to errors and omissions, negligence or failure to deliver the service agreed upon.
The Consumer Financial Protection Bureau (CFPB) filed a consent order against a title company for violating the Real Estate Settlement Procedures Act (RESPA) for receiving money in exchange for referrals and for failure to notify consumers of an affiliated business relationship with a title insurance underwriter.
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