Sentences with phrase «personal liability limit»

Let's say your homeowners insurance has a personal liability limit of $ 300,000.

This single policy acts as an «umbrella» over all of your other personal liability policies — home, car, boat, RV, etc., so you have a higher personal liability limit, than what would otherwise be available.

If the accidental injury is due to your negligence any amount over $ 1,000 per person can be covered by your Personal Liability coverage (up to the Personal Liability limit chosen for your policy).

Although choosing a personal liability limit isn't as cut and dry as estimating other costs, think about your long - term finances and net worth when estimating how much personal liability protection you will need.

Employee Personal Umbrella Liability program (PUL)-- increases your personal liability limits by supplementing your primary insurance on a wide range of personal liability exposures such as residences, autos, watercraft, recreational vehicles, pets, swimming pools, etc..

Your personal liability limits will extend to any authorized (by you) driver driving your vehicle.

Many insurance agents will recommend matching personal liability limits and uninsured motorist limits.

If you aren't sure that your Personal Liability limits on your Home and Auto coverage are enough, in addition to upping your liability limits, you can also add an Umbrella policy.

Also, decide if the personal property and personal liability limits are adequate for your needs.

Not exact matches

Your personal assets are safe, and your liability is limited to the stake you have in the corporation.

Entrepreneurs like limited liability companies because they protect owners from having their personal assets seized by creditors of the business.

In many situations, the limited liability protection from an LLC or corporation will not shield you from being liable for your own personal negligence.

In the United States, more than 2.4 million small businesses are set up as a limited liability company (LLC) for the purpose of limiting personal liability and protecting the owner's personal assets in the event of business failure.

There are many types of business structures, and sole proprietorships don't have the kind of limited liability that others have (in other words, if your business gets sued, your personal possessions aren't protected).

If your company is a corporation or limited liability company (LLC), you should never co-mingle business and personal checks for fear of losing the limited liability that these entities provide - that business account should be opened now, without delay.

In the former case, a personal guarantee by the corporation's principals is usually required, which makes an exception to the limited liability rule.

Let's also assume that you've concluded it would be advantageous to operate your small business through an entity that limits the personal liability of all the owners — even if following this strategy involves a bit more paperwork, complexity, and possible expense.

Known as the limited - liability company (LLC), this structure offers the best of all corporate worlds for many new businesses: personal - asset protection (normally available only to shareholders of C corporations), elimination of corporate - level taxes (a benefit normally reserved for partners or S - corporation owners), and flexible ownership rules (which S corporations in particular lack).

Limited Partner: a co-owner of a business organized as limited partnership who (unlike a general partner) does not participate in the management of the firm and has limited personal liability for the firm'sLimited Partner: a co-owner of a business organized as limited partnership who (unlike a general partner) does not participate in the management of the firm and has limited personal liability for the firm'slimited partnership who (unlike a general partner) does not participate in the management of the firm and has limited personal liability for the firm'slimited personal liability for the firm's debts.

To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to you.

Personal liability can be reduced by registering a startup as a limited liability company.

For example, if you employ contractors, you'll have to 1099 - MISC Form for Small Business Owners, If you're a sole proprietor or or single - member limited liability company, you'll be responsible for reporting all business income and expenses on a Schedule C attachment to your personal income tax return.

There are a number of benefits associated with establishing business credit, such as limiting personal liability, maximizing financing opportunities, and improving corporate cash flow.

As the name suggests, an LLC limits your personal liability for the company's debts.

If an independent contractor or sole proprietor becomes an LLC, the individual's liability is limited, which often puts the owner's personal assets out of harm's way.

At least one partner must be a general partner, with full personal liability for the partnership's debts, while at least one partner's liability must be limited to the amount she's invested in the partnership.

This arrangement limits partners» personal liability, so that, for example, if one partner is sued for malpractice, other partners» individual assets are not at risk as a result.

Also, because silent partners have limited liability, their personal assets are safe.

If you want to protect your personal assets, you might be better off setting up a corporation or even a limited liability company (that's a business with limited liability that can be taxed like a partnership or another entity).

Because of their limited liability, their personal assets aren't in jeopardy.

No matter which situation a dog owner finds his or herself in, their renters insurance personal liability protection will cover the costs up to the limit of their policy.

Limited personal liability is one of the most common reasons businesses become corporations.

For Domestic Carriage Liability for loss, delay or damage to checked baggage, or any baggage or personal item which is taken into custody by Cape Air, is limited to the fair market value at the time of the loss, damage or delay and will not exceed (except for wheelchair and other assistive devices)(1) for on - line travel solely on Cape Air with no connecting service, $ 500 per passenger; (2) for interline travel where the Cape Air flight segment is included on the same ticket as a connecting flight segment of another airline with an aircraft of more than 60 seats, $ 3400 per passenger ($ 3500 per passenger effective August 25, 2015) as per federal rules; and (3) for interline travel where the Cape Air flight segment is included on the same ticket as a connecting flight segment of another airline with an aircraft of 60 seats or less, $ 500 per passenger.

Notwithstanding the foregoing, nothing in these terms and conditions is intended to limit any rights you might have as a consumer under applicable local law or other statutory rights that may not be excluded nor in any way to exclude or limit our liability to you for any death or personal injury resulting from our negligence.

Nothing in these terms and conditions shall exclude or limit our liability for (i) death or personal injury caused by negligence (as such term is defined by the Unfair Contract Terms Act 1977); (ii) fraud; (iii) misrepresentation as to a fundamental matter; or (iv) any liability which can not be excluded or limited under applicable law.

Members could treat such a well - managed church as a sort of corporation in which they bore limited personal liability.

I / WE HEREBY RELEASE, WAIVE, DISCHARGE AND COVENANT NOT TO SUE the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities used by the participant, including its owners, managers, promoters, lessees of premises used to conduct the event or program, premises and event inspectors, underwriters, consultants and others who give recommendations, directions, or instructions to engage in risk evaluation or loss control activities regarding the CHICAGO SPORT & SOCIAL CLUB, INC. («CSSC») and its affiliates (CSSC and its affiliates are referred to collectively as the «CLUB»), the sufficiency of which consideration is expressly acknowledged, and intending to be legally bound, do hereby, for myself, my heirs, executors, administrators, insurers, assigns, attorneys, representatives, agents, beneficiaries, legatees, representatives, successors, assigns and any other persons who may make claims on my behalf (collectively the «RELEASORS») OR ALL SPORTS SERIES / PARK DISTRICT OF HIGHLAND PARK / WINDY CITY FIELD HOUSE / CHICAGO PARK DISTRICT / FITNESS FORMULA CLUBS (FFC — UNION STATION) / URBANA PARK DISTRICT / MADISON PARKS ORGANIZATION / ABUNDANT LIFE CHRISTIAN SCHOOL / LANSING PARKS / CITY OF BLOOMINGTON / UNIVERSITY OF MICHIGAN / CHICAGO PUBLIC SCHOOLS — LAKE VIEW HIGH SCHOOL / CAMP OJIBWA / AUSTIN PARKS AND RECREATION facilities or events held at such facility and each of them, their directors, officers, agents, employees, all for the purposes herein referred to as «Releasee»... FROM ALL LIABILITY TO THE UNDERSIGNED, my / our personal representatives, assigns, executors, heirs and next to kin FOR ANY AND ALL CLAIMS, DEMANDS, LOSSES OR DAMAGES AND ANY CLAIMS OR DEMANDS THEREFORE ON ACCOUNT OF ANY INJURY, INCLUDING BUT NOT LIMITED TO THE DEATH OF THE PARTICIPANT OR DAMAGE TO PROPERTY, ARISING OUT OF OR RELATING TO THE EVENT (S) CAUSED OR ALLEGED TO BE CAUSED IN WHOLE OR IN PART BY THE NEGLIGENCE OF THE RELEASEE OR OTHERWISE.

By participating in the Twitter Party, participants release and agree to hold harmless the Twitter Party Hosts, Sponsors and their respective parent companies, affiliates or related companies, directors, employees, officers and agents, including without limitation, her advertising / promotion agencies from any and all liability, injury, loss, or damage of any kind, including but not limited to personal injury or death, arising from or in connection with participation in the Twitter Party, or the awarding, receipt, possession, use or misuse of any prize and / or with respect to participation in any prize - related activity.

An LLC (limited liability corporation) designation helps a little, because then only the company's assets can be considered fair game in the suit, but if you don't have an LLC, your personal assets will also be taken.

The entity was set up to help manage Nixon's acting career and limit her liability exposure, which her campaign described as a common mechanism used by actors to pay publicists and agents that also allows her to set up a personal retirement account.

He says they condoned the growing use of Limited Liability Corporations to skirt existing donation limits, and they loosely defined how politicians could spend their campaign funds on personal uses.

The New York Insurance Association, a trade group that represents property and casualty insurance industry, opposed Cahill's bill because it would «needlessly increase mandatory minimum limits of liability and fails to preserve the legal distinction between using a vehicle for personal uses and for ride - sharing services, which will result in greatly increased costs for all New York auto insurance consumers.»

The governor announced that he would seek an array of good government reforms from the State Legislature, a number of them familiar: preventing donors from circumventing contribution caps through the creation of shell limited liability corporations; enhancing personal financial disclosures; creating a public financing system; and instating constitutional amendments to establish term limits for Albany lawmakers (though not Cuomo and the current class of legislators), extend the legislative session from six months to year - round and ban outside income.

The majority of university start - ups are registered as a limited [liability] company to protect scientists and other principles against personal financial liability.

The promoter shall not be liable for any loss or damage whatsoever that is suffered (including but not limited to indirect or consequential loss) or for any personal injury of suffering or sustained in connection with any of the prizes offered except for any liability which can not be excluded by law.

The promoter shall not be liable for any loss or damage whatsoever that is suffered (including but not limited to indirect or consequential loss) or for any personal injury of suffering or sustained in connection with any of the prize offered except for any liability which can not be excluded by law.

The promoter shall not be liable for any loss or damagewhatsoever that is suffered (including but not limited to indirect orconsequential loss) or for any personal injury of suffering or sustained in connection withany of the prizes offered except for any liability which can not be excluded by law.

The Promoter shall not be liable for any loss or damage whatsoever that is suffered (including but not limited to indirect or consequential loss) or for any personal injury of suffering or sustained in connection with any of the prizes offered except for any liability which can not be excluded by law.

Entrants agree to release and hold harmless the Bloggin» Mamas, Heather Lopez Enterprises, LLC, Florida Prepaid, Moore Communications, Twitter, and any other organizations responsible for sponsoring, fulfilling, administering, advertising or promoting this giveaway, and their respective parent, subsidiaries, and affiliates and each of their respective officers, directors, members, employees, agents and subcontractors (collectively the «Released Parties») from and against any and all claims, expenses, and liability, including but not limited to negligence and damages of any kind to persons and property, including but not limited to invasion of privacy (under appropriation, intrusion, public disclosure of private facts, false light in the public eye or other legal theory), defamation, slander, libel, violation of right of publicity, infringement of trademark, copyright or other intellectual property rights, property damage, or death or personal injury arising out of or relating to a participant's entry, creation of an entry or submission of an entry, participation in this giveaway, acceptance or use or misuse of prize.

ELITESINGLES does not exclude or limit in any way its liability for: i) death or personal injury caused by ELITESINGLES «negligence; ii) fraud or fraudulent misrepresentation; iii) any other liability which can not be limited or excluded by applicable law.