Sentences with phrase «insurance as a backstop»
A few books also talk about insurance as a backstop behind an emergency fund — particularly homeowners (or renters) insurance and particularly life insurance (with term almost always recommended over whole or universal).
http://www.canigetrichonasalary.com/ Not exact matches
In this day and age, trust is becoming more and more of a consideration as FDIC insurance does not have enough wherewithal to backstop the entire banking industry without destroying the dollar and Everbank's product offerings of precious metals and alternative currencies reflects this most critical understanding of the systemic banking risk we face.
As an insurer, the FHA provides a backstop to mortgage lenders who make loan which meet the agency's standards for insurance.
If the insurer can't meet its obligations, a state insurance guaranty association serves as a backstop.
Bush said failure to create a federal backstop for insurance companies in the event of a new attack has already begun to cost jobs as construction projects are canceled due to prohibitively expensive insurance premiums.
But the predominant view was that the backing should look more like catastrophic insurance, with the federal government acting as a backstop only after private insurers took the first hit.