Sentences with phrase «insurance contracts require»

Not exact matches

As amended, Section IV (b) of PTE 84 - 24 requires Financial Institutions to obtain advance written authorization from an independent plan fiduciary or IRA holder and furnish the independent fiduciary or IRA holder with a written disclosure in order to receive commissions in conjunction with the purchase of insurance and annuity contracts.

Under English law, which often applies to such policies involving international trade, because insurance contracts are «of the utmost good faith», the policyholder is required to disclose all «material» facts to the insurance company even if no question is asked by the insurance company.

Effective January 1, 2013, Insurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger thInsurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger thinsurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger the person.

Most insurance companies will require you to go through one of their approved and contracted DME (Durable Medical Equipment) providers.

The Erie County Legislature enacted Local Law No. 5 requiring a minority and women - owned business utilization commitment by persons or firms contracting with the County of Erie for supplies, materials, equipment, and insurance.

The charter school office distributes a 17 - page pre-opening checklist that gives a week - by - week accounting of all the paperwork required of a school: from organizational charts to budgets to teacher contracts to insurance coverage to zoning, land, and building permits, and safety documentation.

Most teacher contracts had long required districts to provide expensive health - insurance plans through the union - backed WEA Trust.

Depending on the State and content of the sales contract, PII also may be found on the following documents required to be scanned by dealers and entered into the system: document of title of trade - in vehicle (or, in certain States, documentation of paper-less title), proof of insurance for trade - in vehicle (cards or letter from insurer), trade - in registration, sales summary sheet, and salvage certificate.

(i) The Contractor shall submit to the Contracting Officer a request for reimbursement of the cost of the replacement or repair together with whatever supporting documentation the Contracting Officer may reasonably require, and shall identify the request as being submitted under the Insurance clause of this contract.

(3) Upon request of the Contracting Officer, the Contractor shall provide evidence of the insurance required by paragraph (d) of this clause.

(2) The Government does not assume any risk with respect to loss or damage compensated for by insurance or otherwise or resulting from risks with respect to which the Contractor has failed to maintain insurance, if available, as required or approved by the Contracting Officer.

Upon receipt of the statement required under subsection (a)(2) or upon notice of a transfer of a life insurance contract to a foreign person, each issuer of a life insurance contract shall make a return (at such time and in such manner as the Secretary shall prescribe) setting forth --

Regardless of the company you currently maintain your life insurance policy with, canceling your life insurance will typically require you to do more than stop paying your contract's premiums.

In Buffalo renters insurance is required by nearly all property managers and landlords as part of the lease contract.

As part of this contract, your lender requires you, your daughter and your wife to hold life insurance.

If your lease contains a provision requiring you to carry renters insurance, the law does expect you to uphold that lease contract in its entirety, which would include any insurance requirements.

Because regulations do not require installment lenders to include credit insurance premiums in stated APRs, the APR disclosed on her contract was 90 % — still an eye opener.

Limited pay life insurance is a life insurance contract between you (the owner / insured) and the carrier (the insurer), for the benefit of the beneficiary, that requires you to pay into the policy for a set period of time.

All your paperwork: You'll want to bring proof of homeowners insurance, a copy of your contract with the seller, your home inspection reports, anything the bank required to approve your loan, and a government - issue photo ID.

A. Every credit services business, before it enters into a contract with a consumer, shall file and maintain with the Commissioner, in form and substance satisfactory to him, a bond with corporate surety from a company authorized to transact business in the Commonwealth, or a letter of credit from a bank insured by the Federal Deposit Insurance Corporation in an amount equal to 100 times the standard fee charged by the credit services business but in no event shall the bond or letter of credit required under this section be less than $ 5,000 or greater than $ 50,000.

Low fixed rate 20 year term No down payment Maximum contract price of $ 200,000 Existing Home construction in a platted subdivision only No mobile, modular, manufactured, log homes or metal constructed homes Owner occupied only Real Estate must be in Oklahoma No Private Mortgage Insurance (PMI) required.

Beware of Lenders who attempt to add hurricane, flood or other insurance not required by the contract.

If your lease requires you to have renters insurance, you freely entered into that lease contract with full knowledge of the contents of what you were signing.

A contract such as an insurance policy requires all three parts.

It's in your lease, it's part of the contract, you agreed to it, you're bound by it if there's a provision requiring renters insurance.

(c) If the debtor fails to provide any required property insurance, the creditor may, but is not required to, purchase insurance insuring its interest only, or with the debtor's written consent, insuring both the creditor's interest and the debtor's interest, and the premium for the property insurance together with interest on the premium at the contract rate or other rate agreed to in writing may be charged by the creditor to the debtor.

Effective June 19, 1996, an existing precomputed consumer credit transaction contract and a subsequent precomputed consumer credit transaction document may be consolidated provided that the consumer can not be required to consolidate the contracts as a condition for the extension of credit nor can the creditor be required to extend credit; and provided further, that if such contracts are consolidated, the annual percentage rate resulting from the consolidation can be no greater than the annual percentage rate on the prior existing consumer credit transaction contract nor can the consumer be charged any duplicate fees or expenses that originated in the existing consumer credit transaction contract, provided, however, that finance charges and other charges and fees rebated in accordance with applicable law and those charges as permitted by Section 5 -19-4 (f) and UCC filing fees or nonfiling insurance premiums in lieu thereof are excluded from this provision.

If the terms of a mortgage loan contract requires a borrower to purchase both a homeowners» insurance policy and a separate hazard insurance policy to insure against loss resulting from hazards not covered under the borrower's homeowners» insurance policy, a servicer must disclose whether it is the borrower's homeowners» insurance policy or the separate hazard insurance policy for which it lacks evidence of coverage to comply with § 1024.37 (c)(2)(v).

Very often a landlord will require you to get this insurance as a part of the rental contract.

Even in states that have no such regulations, an inspection contract may be required by your insurance carrier.

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.

In Florida, as long as you are not required by law or by contract to have insurance on your property, there are no penalties for not renewing your insurance.

Information is not a bona fide occupational requirement unless the position: requires Federal Deposit Insurance Corporation clearance; is at a financial service institution; requires United States security clearance; or requires a fiduciary responsibility to the employer, including the authority to issue payments, collect debts, transfer money, or enter contracts.

You are required under your insurance contract to cooperate with YOUR insurance company.

Specifically, the insurance company pointed to language in the contract that required the insured to notify the insurance company in a timely manner after an accident and also provide notice once a court case is filed in relation to an accident.

In summary, ss13A and 16A of the Insurance Act 2015 introduce into every contract of insurance an implied term requiring the insurer to pay sums due within a reasonaInsurance Act 2015 introduce into every contract of insurance an implied term requiring the insurer to pay sums due within a reasonainsurance an implied term requiring the insurer to pay sums due within a reasonable time.

After the Respondent's refusal of its offer, the Appellant nevertheless paid the two weeks» notice as required by the employment contract and did not interfere with his right to claim employment insurance.

The motion judge held that the provision in the policy limiting coverage to claims made within one year of the loss did not override the statutory two - year limitation period set out in s. 4 of the Limitations Act, 2002, S.O. 2002, c. 24 lacked specificity to override the statutory limitation period and that in any event, the contract of insurance was not a «business agreement» as required under s. 22 (5) of the Limitations Act, 2002.

Your insurance contract probably also required you to notify the insurance company of your move.

The buyer is protected by (1) the contractual promise of the seller to deliver title in the purchase and sale contract (giving rise to a lawsuit if breached, e.g. requiring disgorgement of any additional profit made in the other transaction), (2) by a warranty of title in the deed provided at closing, (3) by the title company's insurance if the warranty deed is not valid, and (4) by an affidavit saying that the seller didn't do that provided at closing.

In summary, using your insurance company is often quicker and carries with it some protections afforded by contract law but requires that you be able to float your deductible.

At my law school, in addition to the common first year subjects — torts, property, contracts, criminal law, legal systems and judicial process and legal writing — we were required to take administrative law, evidence, civil procedure, insurance, constitutional law (division of powers, that is — the Charter was not yet... [more]

(6) If, for the purpose of this section or section 84, it is necessary to estimate the value of future payments that the corporation or the insurer is authorized or required to make under the plan or an optional insurance contract, the value must be estimated according to the value on the date of the estimate of a deferred benefit, calculated for the period for which the future payments are authorized or required to be made.

215 ILCS 5/143.1: Period of limitation tolled Whenever any policy or contract for insurance (except life, accident and health, fidelity and surety, and ocean marine policies) contains a limitation period in which the insured may bring suit, the running of the period is tolled from the date proof of loss is filed, in the form required by the policy, until the date the claim is denied in whole or in part.

Your insurance contract may require you to do so within a certain amount of time.

Our lawyers work with appropriate financial, insurance and engineering advisors to guide our clients throughout the process of bidding, forecasting, planning and execution of contracts within the tight time frames required in the construction field.

Under the insurance contract KLM was required to maintain insurance coverage and was liable for the full value of any shipments lost or destroyed.

At my law school, in addition to the common first year subjects — torts, property, contracts, criminal law, legal systems and judicial process and legal writing — we were required to take administrative law, evidence, civil procedure, insurance, constitutional law (division of powers, that is — the Charter was not yet a gleam in anyone's eye), jurisprudence, company law, sale of goods, secured transactions, trusts and family law.

Two other types of covered entities are not required to produce a notice: a correctional institution that is a covered entity and a group health plan that provides benefits only through one or more contracts of insurance with health insurance issuers or HMOs.

If a health plan receives protected heath information for the purpose of underwriting, premium rating, or other activities relating to the creation, renewal, or replacement of a contract of health insurance or health benefits, and if such health insurance or health benefits are not placed with the health plan, such health plan may not use or disclose such protected health information for any other purpose, except as may be required by law.