While a
policy's
owner and insured might be the same, a person can purchase a life
insurance policy on someone else with the
prospective insured's consent and by demonstrating an insured interest in the insured's continuing life.
Guaranteed renewability is an important
policy feature for any
prospective owner or insured to consider because it allows the insured to acquire life
insurance even if they become un-insurable.
Owner - builders who sold their home within 10 years of completion were required to provide prospective purchasers with an Owner - Builder Declaration and Disclosure Notice identifying that the builder was not licensed and was not providing a policy of home warranty insurance; however a 10 - year statutory warranty would apply, giving the purchaser some rights against the owner - builder should defects occur during the 10 - year pe
Owner - builders who sold their home within 10 years of completion were required to provide
prospective purchasers with an
Owner - Builder Declaration and Disclosure Notice identifying that the builder was not licensed and was not providing a policy of home warranty insurance; however a 10 - year statutory warranty would apply, giving the purchaser some rights against the owner - builder should defects occur during the 10 - year pe
Owner - Builder Declaration and Disclosure Notice identifying that the builder was not licensed and was not providing a
policy of home warranty
insurance; however a 10 - year statutory warranty would apply, giving the purchaser some rights against the
owner - builder should defects occur during the 10 - year pe
owner - builder should defects occur during the 10 - year period.