This type of specific insurance also covers the costs you incur for
normal living expenses if you have to vacate your home.
Keep in mind that your homeowners insurance covers the cost of temporary repairs for hurricane damage, as well as reasonable additional living expenses (ALE) over and above
your normal living expenses if you have to relocate (such as the extra expense of getting to work or to school if your temporary home is in a different community).
Not exact matches
This is because, for example,
if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your
normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.
If you're married already, embrace him, but pull back the cash for all but what's necessary for
normal life expenses, and discuss with him your concerns.
Knowing your
normal living expenses and tracking them with receipts will make it easier for you to negotiate with your insurance company
if you ever need to file a loss of use claim.
This is because, for example,
if you lost a leg and were unable to work for several months, but accumulated hefty hospital costs in addition to your
normal living expenses, your outstanding financial obligations (such as a mortgage) would still be there.
If you're like us and
live a month ahead of
expenses, your checking account would have $ 2,000 for your
normal expenses, plus an extra $ 300 buffer.
If you don't have an income, leave aside unexpected
expenses, you won't even be able to lead a
normal low - cost
life.
If you have debts you can not timely make interest payments on while reducing the principal amount of the debt within a five year period, and / or you can not continue to make payments on all
normal and reasonable
living expenses, you may be bankrupt.
Investment portfolios will last much longer
if you can get the spendable income needed to pay
living expenses mostly by their
normal income distributions (interest, dividends, and realized capital gains).
he hates the prescription food and after having the odd piece of chicken as a treat all his
life, he is not a happy boy... all this, combined with the
expense of the prescription food and the struggle of trying to feed my other cat
normal food and keep the foods separate, i am just wondering
if i need to be as strict as the vet suggests?
If your claim is successful, you may be awarded compensation for medical
expenses, loss of income, loss of
normal life, pain and suffering, and disability and disfigurement.
Accidents often lead to substantial medical bills, making it difficult for the injured accident victim to pay for
normal living expenses, especially
if the injury rendered him or her unable to work.
65 % of working Americans say they could not cover
normal living expenses even for a year
if they lost their income due to an illness or injury.
If you purchased additional
living expenses coverage as part of your policy, and a covered loss makes your home uninhabitable, your policy will cover a reasonable increase in
living costs to maintain your
normal standard of
living.
The technical answer to what is loss of use coverage on Manhattan, NY renters insurance is «
If a loss by a peril insured against under this policy to covered property or the building containing the property makes the residence premises not fit to
live in, we cover at your choice either of the following:... any necessary increase in
living expenses incurred by you so that your household can maintain its
normal standard of
living; or... the fair rental value of that part of the residence premises where you reside...»