Sentences with phrase «insured against an insurance»

Successfully defended at trial and on appeal a breach of contract claim by an insured against his insurance company claiming the insurer failed to pay damages to a 2006 Ferrari F430 Challenge racing vehicle.

Not exact matches

To find out, researchers from the University of London zoomed in for a three - year look at the assumedly cutthroat global reinsurance industry — a $ 260 - billion dollar financial market that insures insurance companies against large - scale losses.
Some services such as Coinbase claim that all the currency that they hold in their exchange are insured against theft and that this insurance policy would cover any customer funds lost, but it's probably not something that you want to put to the test.
If you decide to insure, EDC offers a full suite of insurance products that can protect you against non-payment, contract cancellation, breach of contract, expropriation, currency restrictions, political violence and more.
The Receivables Insurance Association of Canada provides useful information about insuring your company against non-payment.
Based on recent PMI rates from mortgage insurance provider MGIC, this is a fee you pay on top of your mortgage payment to insure the lender against loss.
And while the government insures your deposits against bank failures, FDIC insurance doesn't protect you from losses due to fraud.
For the protection of members and all those involved in the management of registered and insured cycling events, British Cycling provides through its public liability insurance policy, an indemnity, limited to # 15 million (3) for legal liabilities arising from claims made against an event organiser, official or participant1 that involves either bodily injury or property damage to a third party.
Insuring against old age is therefore analogous to insuring against a car accident or other unlikely but expensive event, another area where mandatory insurance coverage isInsuring against old age is therefore analogous to insuring against a car accident or other unlikely but expensive event, another area where mandatory insurance coverage isinsuring against a car accident or other unlikely but expensive event, another area where mandatory insurance coverage is common.
Owners of private commercial buildings are required to insure them against fire and allied perils, as per Sections 183 and 184 of the Insurance Act 2006, (Act 724).
«Insurance companies don't insure against criminal acts,» said King, a former insurancInsurance companies don't insure against criminal acts,» said King, a former insuranceinsurance broker.
One hot topic in public health funding, he said, is the idea of working with the private insurance and reinsurance sectors to begin insuring against pandemics in the same way that these companies insure against natural disasters such as hurricanes.
The municipal government already bought the insurance service for every citizen, and residents there are also encouraged to insure their life and property against natural disasters.
Powerless was originally supposed to be about an insurance company that insured people against damages caused by superhero fights, but now it's about the people who design superpower protection gear for Wayne Security.
Whenever any civil action has been brought against any officer of the Florida College System institution board of trustees, including a board member, or any person employed by or agent of the Florida College System institution board of trustees, of any Florida College System institution for any act or omission arising out of and in the course of the performance of his or her duties and responsibilities, the Florida College System institution board of trustees may defray all costs of defending such action, including reasonable attorney's fees and expenses together with costs of appeal, if any, and may save harmless and protect such person from any financial loss resulting therefrom; and the Florida College System institution board of trustees may be self - insured, to enter into risk management programs, or to purchase insurance for whatever coverage it may choose, or to have any combination thereof, to cover all such losses and expenses.
(b) If the contractor has insured the same aircraft against loss or destruction in connection with other operations, the amount of such insurance coverage on the date of the loss or damage for which the Government may be responsible under this contract.
PMI is a mandatory insurance policy for conventional loans which insures a lender against loss in the event that the homeowner stops making payments on a mortgage loan.
See renters insurance perils insured against for more information.
«A condominium corporation's insurance will cover the building and the common elements, like elevators or front lobby, but the condo owner must insure their own unit, personal items and protect themselves against liability if they are responsible for damage caused to a neighbour's unit.»
To insure against potential losses, FHA loans require a monthly mortgage insurance payment separate from homeowners insurance.
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.
FHA mortgage insurance premiums (MIP) are payments made to the FHA to insure your loan against default.
However, the insured can borrow against the cash value of his whole life insurance.
Life insurance is a protection against financial loss that would result from the premature passing of an insured.
The Federal Deposit Insurance Corporation («FDIC») is an independent agency of the United States government that protects against the loss of insured deposits if an FDIC - insured bank or savings institution fails.
FHA does actually do home loans, they insure the loans, which means lenders are more likely to do the loans knowing they have insurance on the loans against any losses.
Fundamentally, an annuity is an insurance policy, except that instead of insuring against an early death as life insurance does, an annuity is insurance against living so long that you run through your savings.
Example: insuring your car for an extra $ 1M liability insurance against possible medical expenses of those in an accident.
What these two considerations imply is that perhaps instead of insuring against this very specific incident, you instead purchase overall life insurance.
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).
FHA insures its approved lenders against losses in much the same way by charging borrowers an up - front mortgage insurance premium (UFMIP) of up to 1.75 % of the mortgage amount at closing.
The only way to insure your home against flood damage is by purchasing a separate policy since your homeowners or renters insurance will not be enough.
Flood insurance and earthquake insurance can generally be purchased separately to insure against those types of losses.
Insurance is generally used to insure against events that while rare, could devastate you financially.
Earthquakes, floods and sinkholes are not insured against in condo insurance.
Those people need to insure against that risk, and that also comes with insurance against other risks, as well.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects depositors against the loss of their insured deposits if an FDIC - insured bank fails.
Private mortgage insurance (MI) enables these borrowers to qualify for a conventional loan by insuring the lender against potential losses in the event a borrower is not able to repay the loan and there is not sufficient equity in the home to cover the amount owed.
Because key person insurance is simply life insurance that insures the company against the loss of a key business partner or key employee, the decision to purchase key person insurance necessitates some choices about the type of insurance that is most beneficial.
As discussed above, key person insurance insures the company against the loss of key people.
Personal liability insurance coverage that helps protects the insured and family living with them against claims and lawsuits if he or she injures others or damages their property in an accident.
The cap is not your friend; it's the mechanism insurance companies use to hedge against losses and remain profitable so that your money stays safe & insured.
Insurance rates more than doubled and some homeowners were forced to purchase policies to insure their homes against wind damage.
Title insurance, just as its name implies, is the type of insurance that protects the insured against property's title or ownership.
A type of insurance protection that covers the insured against damages caused by sudden and accidental overflow of water / waste water from sewers or drains in the home and / or overflow of water from a sump pump.
Renters insurance protects your personal property against damage or loss, and insures you in case someone is injured while on your property.
Renters insurance, in addition to insuring your belongings, also grants you protection from liability charges brought against you.
If you have the «Enhanced Home Package» on your renters insurance the perils named in the policy, such as fire, are replaced with verbiage along the lines of «We insure against risk of direct physical loss».
You will want to know how long they have been in business, how many complaints they have against them, (check with the Better Business Bureau), are they licensed to offer insurance in your state, how do they handle premium payments and what are their health requirements for the insured.
Apart from insurance against death, you can actually insure yourself against terminal illness, critical illness, disability due to ill health, permanent disability, or requirement for long term care.
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