Sentences with phrase «liability policies in place»

Like others have said in the thread, and as I would also have advised you, having insurance umbrella liability policies in place is always good business practice.
Typically, the condo association has its own liability policy in place that will cover outdoor and common areas, but you are responsible for someone's injury or property damage within your home (or outside your home and off the condo premises).
But if you've diligently compared North Dakota business insurance quotes, you'll already have a liability policy in place to combat the lawsuit.
Without that excess liability policy in place, you would be responsible for the additional $ 2 million out of pocket.
If you set up an LLC for property management, I would also recommend that you have a liability policy in place for the LLC specifically also.

Not exact matches

Hotels» liability can depend on whether they're sufficiently aggressive in responding to allegations from employees and on the policies they have in place to prevent harassment in the first place, said civil rights attorney Debra Katz, a partner at Katz, Marshall & Banks who represents employees in harassment cases.
Our cyber liability and data breach insurance starts at just $ 250 per year for a pre-underwritten instant issue policy that provides $ 100,000 in protection against first - party damages as well as many third - party damages offering a fast and economical way to get protection in place.
Like most types of businesses, tech companies and startups need to, at the very lease, put in place a general liability insurance policy or a business owner's policy (BOP).
This legislation would: create a uniform policy for all branches of state and local government and establish a dedicated unit to receive and investigate sexual harassment claims, ensure individual liability to promote greater accountability, prohibit confidentiality agreements unless the victim requests that his or her identity be kept private, and put in place necessary safeguards to allow government to recoup monies to rightly protect hardworking taxpayers from being on the hook for individual acts of sexual harassment.
S&P cited the County's «strong budgetary flexibility that has remained consistent over time,» «very strong liquidity, with strong access to external liquidity,» «strong management, with good financial policies and practices in place,» and the County's «strong debt and contingent liability profile, with limited exposure to fixed costs associated with pension and other postemployment benefit libation (OPEB) liabilities
If you are one of the many business owners in this state, you may already have a business insurance policy in place to protect your company from liability issues and financial loss.
If you have a master policy program in place, it will generally offer liability coverage for the tenants for a set fee every month, which you can simply collect with the rent.
Under the zero liability policy, unless you have been grossly negligent or have been engaged in fraud, you will not be liable for any unauthorized transactions made with your lost or stolen Card, provided such transactions take place on the Visa ® Network.
If you have umbrella insurance in place, it will kick in and pay the excess liability costs when your primary policy's coverage is exhausted.
Far from being a liability, Vimala's «everybody eats» policy is seen by many as a core reason for lending to her in the first place.
In some unionised workplaces the liability of an employer to have to pay their workforce is likely to turn on whether the employers and union have a policy of lay - off in placIn some unionised workplaces the liability of an employer to have to pay their workforce is likely to turn on whether the employers and union have a policy of lay - off in placin place.
These concepts place limits on the extent of liability in order to implement the sound policy of the law that there exist a substantial connection between the tortious conduct and the injury for which compensation is claimed.
«Reforms to liability will place multinationals and other companies under new pressures — executives will need to show that they had robust policies in place to prevent wrong - doing in the event that an employee is found guilty of misconduct.
Is there an outside director liability (ODL) insurance policy in place that may respond to claims against me arising out of my directorship?
This decision on sidewalk liability cements in place the public policy of the last thirty years to not impose sidewalk liability on residential homeowners.
[46] It is important to note that the determination as to whether public policy should intervene to render the exclusion clauses unenforceable should take place after the factual record is established, at which time the trial judge will be in a position to carefully examine whether there are public policy reasons to decline to enforce the liability exclusion clauses: Tercon, para. 119.
These claims can arise in the context of anything from a motor vehicle crash, product liability claims, or the safety precautions, policies, and procedures in place at an oil drilling rig.
If Uber had any liability at the time of the crash, they have insurance policies in place that can kick in to pay for your medical expenses and financial damages.
To reduce the odds of director and officer liability, consider implementing appropriate policies to show diligence, put proper processes in place, and reduce the chances of a violation.
Accordingly, there is a very strong case to argue that under Community law where a compulsory motor insurance policy is in place, it covers civil liability for any use of the motor vehicle within the territory of the UK, save for the single instance of the «stolen vehicle» exclusion mentioned above.
Further, despite the acceptable - use policies in place for ISPs, the EU Directive 2000 / 31 / EC on electronic commerce exempts ISPs from liability when they unknowingly provide access to offensive material, and ISP's can not be placed under a specific duty to monitor general content.
It is also crucial to review the wording of professional liability policies, understand where the gaps and exclusions are, and appreciate the extent of the coverage you actually have in place.
Regardless of whether you are required to carry snowmobile liability insurance, having a policy in place is a good idea.
Whether it's a short term debt such as, a student loan or car loan, or a long term liability like a mortgage or numerous other sources of debt, a life insurance policy pays down the debt on behalf of the person who took out the policy in the first place.
Bodily Injury Liability — BIL policies are in place to cover the medical treatment costs for anyone that you injure in an accident where you are determined to be the «at fault» party.
ETECHACES MARKETING AND CONSULTING PRIVATE LIMITED (the «Company») has an efficient Intellectual Property Policy and Intellectual Property Management guidelines (Collectively referred to as «IP Policy», hereinafter) in place basically to maintain absolute clarity on IPR related issues such as ownership, rights and obligation of employees and Company, rights and obligation of customers and Company, disclosure of work / invention, non-disclosure of confidential information, liabilities in case of misappropriation of IP or resolution of IP related disputes strategically.
You might have to get additional coverage and pay an additional premium for specialized liability policies, but when you think about the considerable risk involved by not having such protection in place, it is well worth the price.
This is another situation having an umbrella policy in place will ensure that you have enough coverage for your liability costs.
If you are a trucking company owner with an occupational accident policy in place, a contingent liability policy will give you an extra layer of protection.
If you have umbrella insurance in place, it will kick in and pay the excess liability costs when your primary policy's coverage is exhausted.
Many insurance companies require that you already have a certain amount of liability car and home insurance in place before selling you an umbrella policy.
To ensure that enough liability coverage is in place for extreme circumstances like a lawsuit that exceeds $ 1 million in damages, many businesses buy a commercial umbrella liability policy.
I've lived in a few places and I've always seen renter's policies including general liability coverage which seemed like it would cover situations like this.
Have the basic liability coverage policies in place at the beginning stages of your business if you're getting started.
The liability in such policies arises only when the said third party has filed a claim against the insured in a tribunal at the place of the mishap.
You can shop around to find out how much an insurer will charge for a policy that includes this protection, as well as the liability coverage and other provisions you must have in place by law for the state where you live.
You can expect some limits to be put in place when it comes to liability and contents protection so make sure you compare these limits and choose an Ohio rental coverage policy that offers the right amount for your specific needs.
While landlord policies typically offer liability coverage that could kick in to help protect you in such a scenario, Doten still recommends that landlords make renters insurance a requirement of every lease, to help avoid such disputes in the first place.
If you have a master policy program in place, it will generally offer liability coverage for the tenants for a set fee every month, which you can simply collect with the rent.
Having a landlord insurance policy with liability coverage can go a long way toward giving you the peace of mind that comes with knowing you have a safety net in place, just in case.
The policy holder gets the benefit of legal representation and a real partner in working to minimize the liability obligation in the first place.
With an umbrella insurance policy in place, you have a much higher liability limit, protecting you from risks and financial responsibility.
Many individuals find that there are cost savings with umbrella insurance in place, as this allows you to lower your liability limits on your primary policies to the legal minimum.
If you are one of the many business owners in this state, you may already have a business insurance policy in place to protect your company from liability issues and financial loss.
An umbrella insurance policy works with the insurance policies you already have in place, extending your liability coverage.
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