A life settlement is the trading of a life insurance
policy under specific circumstances.
Not exact matches
By limiting administrator discretion, zero - tolerance
policies make it harder for administrators to play favorites than
under a system that requires them to adjust punishment according to the
specific facts and
circumstances.
Although creditor protection is one of the benefits of a life insurance
policy, it is only available
under specific circumstances and there are many exceptions.
Renters insurance
policies often exclude broadly and then use
specific language to define exactly what is covered, or
under what
circumstances coverage applies.
Circumstances will arise where the lawyer should have no contact with the media and other cases where the lawyer is
under a
specific duty to contact the media to properly serve the client — the latter situation will arise more often in the context of administrative boards and tribunals where a particular tribunal is an instrument of government
policy and hence is susceptible to public opinion.
This could be applied easily to items like expensive jewelry (which may not be covered when worn outside of the home or in
specific circumstance like when it is placed in a locker at a gym), or collections for example a record collection may not be covered
under your normal
policy if it is worth in excess of a certain threshold in total or if individual items are considered to be more valuable than a newly bought replacement (such as an album released on one label which has then since moved to another where it became very popular).
Sometimes, the money you save by bundling your insurance
policies isn't immediately apparent, but it'll show itself
under specific circumstances.
This also has exclusions
specific to events, states,
policy types, forms and also
circumstances which make them not be covered
under your
policy.
Non-owner liability
policies are meant to cover
specific circumstances and do have some exclusions on the definition of car that may be insured
under the
policy.
The value of your belongings may only be protected
under specific circumstances, as listed in a named perils
policy.
One of the potential disadvantages of adding this type of coverage to your
policy is that it only pays out
under very
specific circumstances.
State inheritance taxes and federal gift taxes may also apply to life insurance
policies / proceeds
under specific circumstances.
Renters insurance
policies often exclude broadly and then use
specific language to define exactly what is covered, or
under what
circumstances coverage applies.
Some
policies only pay up when you die
under a very
specific set of
circumstances.
This benefit is included in most travel insurance
policies under Trip Cancellation and Trip Interruption, which can reimburse your prepaid and non-refundable trip expenses if you are unable to travel due to unforeseen
circumstances, such as an earthquake, and you meet your
policy's
specific requirements for coverage