Not exact matches
Running a small businesses comes with a
certain amount of risk, but you can
protect against this
by purchasing insurance protection.
Certain types and
amount of property, income, and assets are
protected by federal and state law from seizure.
I'm no expert, but this is what i've heard... The bank is
protected by mortgage insurance (paid
by the homeowner) and that protection could mean that they are better off having the loan fall through (
by rejecting the short sale) since the insurance
protects them up to a
certain amount.
When you are injured in a motor vehicle collision caused
by another driver, that driver purchased insurance to
protect himself up to a
certain amount of monetary coverage.
A
certain amount of car insurance is not only required
by state law, but also it
protects you from other drivers and whatever may come your way.