Sentences with phrase «insured against the risk of loss»

Your furniture, appliances, dishes, clothing, artwork, everything and anything you keep in your apartment or condo needs to be insured against the risk of loss.

Personal property coverage in a CA renters policy takes care of your possessions by insuring them against the risk of loss.

To protect yourself from this risk, you should always ensure that the 1031 Exchange Qualified Intermediary has purchased and maintains sufficient amounts in Errors and Omissions (E&O) insurance coverage to insure against the risk of loss resulting from human error.

Not exact matches

In the first place, most major corporate misconduct implicates senior corporate officials, such that a regime of personal — rather than corporate — liability would provide them with incentives to cause the corporate entity to insure against the risk of such losses, which satisfies the goal of compensation.

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.

This changes the policy in such a way as to remove the list of covered perils and replace it with the words «We insure against risk of direct physical loss or damage...» followed by a few obvious exclusions such as nuclear war.

If you like, you can even endorse your The Village At Fox Creek to cover open perils, which insures against risk of direct physical loss by any cause, subject to exclusions such as nuclear hazards and intentional acts.

In a nutshell, it replaces the perils insured against section of your policy with language to the effect of «We insure against risk of direct physical loss to your property.»

An open perils policy is endorsed to have language similar to «We insure against risk of direct physical loss to property covered by the policy.»

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».

FDIC pass - through insurance protects funds placed on behalf of an American Express Serve Member against the risk of loss (up to the then applicable FDIC deposit insurance limits) should any FDIC - insured bank (s) where we maintain Custodial Account (s) fail.

Open perils coverage insures against «risk of direct physical loss» to the property in question.

You do not have to worry about insuring the physical structure of the house or condo you live in the way you would if you were a homeowner, but you do have to take care of your things and protect them against the risk of loss or damage.

We insure against risk of excessive financial loss from a single covered event.

Like collision, comprehensive coverage protects the policy holder against the risk of financial loss due to damage to the insured vehicle.

Accidental cover, on the other hand, insures you against financial risk that could occur due to accidental permanent disability or loss of income in case of a death of the earning member.

Uninsured motorist protection is quite simply a form of coverage that protects the insured policy holder against the risk of uncompensated losses following an accident with a driver who has no auto insurance and is found liable for the crash.

In a nutshell, it replaces the perils insured against section of your policy with language to the effect of «We insure against risk of direct physical loss to your property.»

Usually the open perils wording is to the effect of «We insure against risk of direct physical loss...» meaning that open perils doesn't keep you tied to the same list of covered events as named perils would.

An open perils policy is endorsed to have language similar to «We insure against risk of direct physical loss to property covered by the policy.»

When you insure your vehicle against damage or loss, your insurance company is assuming the risk of replacing your vehicle.

Coverage, or more specifically insurance coverage, is the amount of protection in terms of a sum of money that an insurance company provides to an insured person whereby, in the event of risk or risks insured against take place, such as death or accident, the policyholder or a designated beneficiary or beneficiaries shall receive an indemnification or payment up to the extent of the loss.

The policy insures against risk of direct physical loss caused by collapse of a building or part of a building (the balcony would qualify) caused by one or more of the following:

This changes the policy in such a way as to remove the list of covered perils and replace it with the words «We insure against risk of direct physical loss or damage...» followed by a few obvious exclusions such as nuclear war.

Insure your personal things against the risk of loss and protect yourself from liability with a policy that gives you the protection you need.

Each plan contains provisions protecting you as a renter in cases of personal property loss, as well as insuring you against the risk of liability concerns in your house or apartment.

The first is personal property protection, which insures the things in your home against the risk of covered loss.

Personal property coverage insures your belongings against the risk of destruction or loss of use due to any number of covered claim events.

By insuring to avoid legal risk you're generally insuring not only the risk of loss from a judgment or settlement against you, but also the risk of loss from the costs of defending against that suit.

Personal property coverage insures your belongings against the risk of loss due to any number of named occurrences, such as a house fire, wind damage to your apartment, acts of vandalism, storm damage and many other covered events.

What they do need to take care of is the need to insure their belongings against the risk of loss.

Homeowners are at a lower risk of financial loss simply because they actually get insured against it.

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».