Generally speaking the policy must be owned by someone
other than the insured for at least three years prior to death in order to avoid taxation as part of the estate.
In such cases where the damages or injuries cost
more than the insured amount, the driver can be sued in court in order to extract the funds from his assets.
In addition, insurers may refuse to pay death benefits if they suspect that a policy was initiated by an investor,
rather than the insured person.
This type of coverage pays for expenses related to bodily injury or death to people injured in an accident other
than the insured driver.
Provides for first aid expenses for people other
than an insured for bodily injury covered by the policy.
They're significantly cheaper
than insuring with a whole life policy and still provide some flexibility.
The friend suffered severe injuries, and the claim was settled for more
than the insured policy holder's auto insurance would cover.
For insurance companies, insuring a home that is predominantly empty is a much higher
risk than insuring a home that is occupied.
Many times insurance companies would try to ask the questions in such a way as to transfer fault to you rather
than its insured party.
Collision and comprehensive insurance provide protection for the covered vehicle against property losses, unlike liability insurance which basically protects the other car rather
than the insured vehicle.
The agency insured approximately $ 360 billion in mortgage loans during fiscal 2009, about five times more
than it insured during fiscal 2005.
Also, many business experts agree that insuring for replacement cost is
better than insuring for actual cash value, even though it could be a bit more expensive.
Life insurance for estate taxes can be set up to not become part of the estate by naming someone other
than the insured as the owner.
Replacement cost is different than guaranteed replacement cost because it will not pay out in a claim more
than the insured value.
A person, group, or organization other
than the insured named in the policy that will be covered under that policy.
And insuring a healthy person is, of course, a less risky
proposition than insuring someone who doesn't take control of her health.
Typically this short term car insurance covers you for between 1 and 28 days and is therefore
cheaper than insuring a vehicle for a full year.
If an insured person is legally liable for an accident, this coverage pays damages for bodily injury or death other
than the insured driver.
From an employer's perspective, getting a group travel insurance cover would help you save a lot
rather than insuring every individual that is going on the trip.
He should transfer ownership to a spouse or individual
other than the insured to avoid this type of situation.
If you plan to insure your brand new sports vehicle, it would obviously cost much
more than insuring a family sedan.
And since they have been seen as only marginally riskier
than insured money - market accounts, their popularity soared.
Insured individuals in this rate class pay lower
premiums than insureds in a standard or substandard rate class.
The fact that an uninsured is able to be included may not seem like a big deal at first, but remember that the cost to insure both is likely much less
than insuring even the one individual healthy person.
All life insurance policies are unilateral contracts meaning they can not be cancelled by anyone other
than the insured individual or the policy owner.
Insured individuals in this rate class pay lower premiums
than insureds in a standard or substandard rate class.
Certainly, the GOP saw war as a better way to enrich their
base than insuring the least among us.
• Despite the fact that more Americans are now insured as a result of the ACA, those without insurance face more challenges in finding information about provider quality and cost; at the same time, they are more
likely than the insured to think public reporting of such information would improve the overall quality of care doctors provide.
Savings accounts have limitations in case a bank goes belly up and you have a higher amount in the account (more
than the insured amount).
This means that cross-insurance arrangements where the proceeds of an insurance policy are paid to someone other
than the insured under the policy are not permitted.