Sentences with phrase «purchased excess insurance»

as a result, in addition to the firm vetting carefully any prospective practitioners, LawPRO invariably recommends that lawyers working in association or partnership with others apply to buy - up their innocent party coverage to the maximum permitted, and purchase excess insurance coverage on top of that.
When LAWPRO drilled down, we discovered that virtually all lawyers practising in firms of greater than 10 lawyers were purchasing excess insurance.

Not exact matches

But if you're self - insuring by purchasing a health plan on the health insurance marketplace you could be looking at monthly costs in excess of $ 400 depending on where you live.
Purchase Assurance, which may automatically cover loss, theft or damage, in excess of other insurance, for 90 days from the date of purchPurchase Assurance, which may automatically cover loss, theft or damage, in excess of other insurance, for 90 days from the date of purchasepurchase; and
Excess flood insurance can be purchased whether the primary policy is from NFIP or from the private market.
Reimbursement is in excess of any other travel insurance purchased and covers arrangements for pre-paid tours, trips, or vacations that have been purchased with your Chase Sapphire Reserve ℠ Card (or with points earned on the card).
Reimbursement is in excess of any travel insurance purchased, or reimbursement from the occupancy provider or common carrier such as airline, bus, cruise ship, or train
You may also choose to purchase Insurance Excess Reduction (IER) option which will reduce the excess to 100,000 VT for 1,500 VT peExcess Reduction (IER) option which will reduce the excess to 100,000 VT for 1,500 VT peexcess to 100,000 VT for 1,500 VT per day.
Beginning in 1992, Michael Morel purchased and renewed both primary and excess insurance policies from Metropolitan covering his home at 72 Cottage Street and various family automobiles.
Of course, indirect effects could include having to report the fact of the claim the next time excess insurance is being purchased (typically done on a firm - wide basis), but that is a topic for another day.
The top 10 deals were each worth in excess of USD2bn, with the biggest deal being the USD6.3 bn purchase of Bermuda - based property and casualty insurance services company Endurance Specialty Holding.
Accordingly, firms with 16 to 50 lawyers are more likely to purchase LAWPRO excess insurance with the highest limits offered, being $ 9 million per claim and in the aggregate, than smaller sized firms.
Regardless of whether you are considering a first time purchase of excess insurance or if you are wondering if your current excess insurance meets your firm's needs, you should consider what limits of liability should be purchased by your firm.
So, when moving from one firm to join another, it is important that you satisfy yourself that adequate Excess insurance continues to be purchased by your former firm, that the coverage extends to you as a former firm member and that details of ongoing Excess insurance in place remain available to you.
Excess insurance can be purchased to provide coverage for claims in over and above those covered by LawPRO.
For example, a family might purchase a personal umbrella insurance policy (PUP) from the Allstate Corp. (NYSE: ALL) to extend excess coverage over both their automobile and homeowners policy.
If the damage exceeds the limit that you purchased in that primary policy, then your auto insurance will «kick in» (as secondary) and will provide coverage for anything in excess (up to the limits of their liability).
Although compatible with NFIP plans, excess flood insurance must be purchased on the private market.
An Umbrella or Excess Liability policy is not part of your Homeowners policy but makes a supplemental insurance coverage, which you have to purchase separately.
To protect that additional excess income, purchasing a supplemental dentist disability insurance policy is highly recommended.
Whole life insurance combines a level premium with guaranteed cash values which the policy owner may use to meet a variety of financial goals.3 Whole life insurance policies may also produce excess credits, which may be used to purchase additional paid - up life insurance, potentially increasing the available death benefit.
The Corporation's book value shall be equal to the excess of the book value of the total assets of the Corporation, including any proceeds of insurance policies / excluding the proceeds of any insurance policies owned by the Corporation on the lives of its shareholders, over the book value of the Corporation's total liabilities, excluding the Corporation's liability under this Agreement to purchase the shares for which the purchase price is being measured, based on the Corporation's books and records.
But assuming that this is the case, often the 1 % cost is more than lost once you are purchasing a life insurance policy in excess of $ 50K to $ 100K.
You can purchase what's called excess insurance coverage to rebuild properties valued above National Flood Insurance Program (NFIPinsurance coverage to rebuild properties valued above National Flood Insurance Program (NFIPInsurance Program (NFIP) limits.
With umbrella insurance, it is possible for you to purchase excess liability insurance.
When dividend payments are larger than the premium payment, the excess can be used to either purchase paid up insurance or can be paid out directly to the owner.
Most competent auto insurance agents will recommend that a vehicle owner purchase at least $ 300,000 of bodily injury liability insurance to avoid being forced to pay for excess damages in the event of an at - fault accident that causes more damage in bodily injuries than a bare - minimum policy would cover
You can purchase a separate excess insurance policy through our website, which ensures that you won't be forced to face this unexpected expense.
After all, the insurance death benefit isn't needed now that the estate tax exemption has jumped from $ 675,000 (when the policy was purchased) to $ 5.25 M (far in excess of Barbara's net worth), and Barbara would rather try to invest the money elsewhere where it has a chance to grow — not to mention stopping annual sales from her investment portfolio to plow into an insurance policy where costs exceed any growth potential.
Uninsured and underinsured motorist coverage in excess of the minimums may be purchased up to the elected amount of liability coverage taken on by the policy holder, so keep this in mind when trying to buy cheap car insurance online.
These figures are minimum values and you should always purchase insurance in excess of these figures.
Finally, from year 21 on, the dividend in excess of the gross premium is used to purchase additional paid - up life insurance.
One of the illustrations really got my attention when I started evaluating the impact of the excess cash, the dividends that purchased paid up additions (more par whole life insurance).
Hub International Limited (HUB), a leading global insurance brokerage, announced today the launch of SHIELD, a new umbrella / excess risk purchasing...
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