Sentences with phrase «party liability premium»

No change in Third party liability premium or service charge during the policy period.

Not exact matches

The ability to recover additional liabilities from the losing party (ie conditional fee agreement (CFA) success fees and ATEI premiums) has been largely curtailed.

Lord Neuberger said that while there was no «good policy reason» to refuse the father recovery of the premium, it seemed «unlikely» that «the rules would have envisaged that a losing party's liability for a substantial sum should depend on the successful party's appetite for, and financial ability to take, the risk of losing and paying costs».

Quite apart from acting for the funders, he is regularly instructed on behalf of both receiving and paying parties to recover / oppose the recovery of pre LASPO premiums and additional liabilities.

On the other hand, if the car is an old one that does not have a high market value, opting for third party coverage or liability coverage that ensure the state specified minimums are covered is the best choice since the premiums for these policies are not very high.

When you read your policy document most of the increase will be the premium listed near your Third Party Liability Limit which is usually $ 1,000,000.

When IRDA decides the premium for third party liability insurance, it is done on the basis of the cubic capacity of the engine.

Motor vehicle owners, of the affordable variety, are going to pay lower premiums on their third - party (TP) liability once the Insurance Regulatory and Development Authority of India's (Irdai's) latest proposal translates into revised rates from general insurers.

This indexed universal life insurance policy (this «Policy») is not sponsored, endorsed, sold or promoted by SPDJI, S&P, or any of their respective affiliates and none of such parties make any representation regarding the advisability of paying premiums for the Policy nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.

The second situation in which you can use Liability Insurance or Coverage is when the policyholder (the person paying the premium) becomes the actual third party or claimant.

Save More - IRDA revises the premium of third party liability insurance every year or so.

The premium for the third - party liability is frozen at the start of the first year; you get to save on the premium.

From the above discussion regarding the third - party insurance plan, it supports low premiums, no - Fault liability and covers bodily injury, property damage, and even the death of a third party.

You want to make sure your stuff is protected against damage or theft and it is also a good idea to include personal liability insurance on your renters premium, especially if you and your roommates are known to throw a few off campus house parties from time to time...

Reduction in premiums for motor vehicle liability, first - party medical, and collision coverages for certain named drivers (a) For each personal or family - type policy of private passenger motor vehicle insurance issued or issued for delivery in this state, there shall be offered by the insurer a reduction of not less than 10 percent in premiums for motor vehicle liability, first - party medical, and collision coverages to the policyholder if all named drivers, as listed or who should be listed on the policy application or provided in information subsequent to such application, of each motor vehicle covered by such policy satisfy the requirements of subsection (b) or subsection (c), as applicable, of this Code section.

A home insurance policy will also often include some form of coverage for a policy holder's liability arising from bodily injury particularly on the premises of the insured party but not in the case of mental injury, though mental injury coverage can be added to these policies typically for an additional premium payment.