Sentences with phrase «insured against the failure»

Ferguson quotes Bank of England chief economist Andrew Haldane's explanation: «No one had quite noticed that the global financial network had become connected enough for distress to cascade rapidly from one institution to many, but sparse enough for many institutions to be poorly diversified and inadequately insured against the failure of a counterparty.»

Something so important as the banking system has to be regulated and insured against failure, and that's why we have (and need) the FDIC.

Not exact matches

Your business will face a bunch of risks that it can't insure against, such as increased competition, declining margins, staff turnover, or the failure of a new product to make a splash in the market.

The Division also oversees the Securities Investor Protection Corporation (SIPC), which is a private, non-profit corporation that insures the securities and cash in the customer accounts of member brokerage firms against the failure of those firms.

And while the government insures your deposits against bank failures, FDIC insurance doesn't protect you from losses due to fraud.

Bayern are champions again, while rivals Borussia Dortmund have insured against their own failure.

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 have failed).

The key is «if the failure results in a loss from a Peril Insured Against, on the residence premises,» there could be coverage.

Having more than one product, promotion method, client, employee or income stream you insure yourself against business failure, boost future income and can lead a happier, less stressful life.

In D.E v. Unifund Assurance Co. the Court was tasked with determining whether an insurer had a duty to defend its insured under a homeowner's policy against a claim alleging that the insured's Grade 8 daughter had bullied her classmate, causing physical and psychological injuries.40 The claim alleged that the insured was negligent in their failure to control their daughter.

Just last year, Nationwide was hit with a $ 8.1 million verdict after a jury determined that the company's failure to settle claims against its insured over a 2005 car accident was negligent and in bad faith.

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 key is «if the failure results in a loss from a Peril Insured Against, on the residence premises,» there could be coverage.

What that means is that the part of the insured property which belongs to you is protected against partial or total loss, and that you are protected against people who are injured on the property as a result of flaws or failures on the property, such as tripping over a brick in the sidewalk, or being electrocuted by faulty wiring.