Courts have consistently ruled that excess insurers are not required to provide "drop-down" coverage to pay for losses sustained by policyholders in cases where (a) the primary underlying insurer is insolvent and unable to pay or (b) the policyholder itself is in bankruptcy and is unable or ...
Courts have consistently ruled that excess insurers are not required to provide u22drop-downu22 coverage to pay for losses sustained by policyholders in cases where (a) the primary underlying insurer is insolvent and unable to pay or (b) the policyholder itself is in bankruptcy and is unable ...
An insurer is required to defend any case in which at least some of the allegations in the pleadings potentiallyFACTS: On December 28, 1997, Jones' automobile was severely damaged when hit by another automobile driven by an uninsured driver. The day after the accident, Jones was told by ...
You know the saying, “variety is the spice of life?” It can even apply to insurance. Because brokers aren’t required to push a specific insurer’s products, they can shop around to different insurance companies on your behalf. They’re also often able to approach insurance companies that...
Q. Do you provide assistance with IRA or 401k rollovers?A. ABSOLUTELY! Since 1983, Hersh Stern, the principal of ImmediateAnnuities.com, has helped thousands of 401(k) and IRA holders roll over their lump sum pension payments to an annuity, without the need to pay taxes. This is a ...
The Insurer shall not be liable for any legal dispute arising out of the change of the beneficiary of the death benefit. The designation or change of the beneficiary of death benefit by the Applicant shall be subject to the written consent of the Insured. If the Insured is a person without...
7. As the time for shipment is now considerably overdue, we should be obliged if you would inform us, by return mail, of the reason for the delay. 由于现在运期已过时较久,请即告知延迟原因。 8. The goods in question are not to our satisfaction because the quality is unsuitable for this...
You are not required to sign an AOB. Cons Signing an AOB could make you the victim of a scam without knowing it until your insurer refuses to pay An AOB doesn’t free you from the ultimate responsibility to pay for services rendered, which could drag you into expensive litigation if thing...
For example, since 1997, employers have been required to provide inflation uprating of benefits in payment, which had not previously been mandatory. Until recently, about 50% of all jobs in America had DB pensions. However, for younger workers, DB pension plans have been largely replaced with...
Upon approval, insurers will ask you to pay your premium so they can activate your coverage. If an appraisal is required but you haven’t provided it, the insurer may give you a certain time frame to submit it, such as 10 days. As long as you provide it within that time frame, your...