NOUNan insurance policy(=an insurance agreement)Thi Examples from the Corpus insurance•Many Americans cannotaffordhealthinsurance. claim (for) something on your insurance•And they can't beclaimed back on your insuranceif it's afalsealarm. ...
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Social insurance programs are often plagued by costs arising from fraudulent or otherwise improper payment of benefits or claims. It has been estimated that Social Security fraud alone costs taxpayers millions, and possibly billions, of dollars each year. Fraudulent Social Security activities include col...
Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud in an aggregate amount acceptable to Seller’s regulators. Insurance ...
: insurance (as from two or more policies) that exceeds the value of the thing covered overinsurance may lead to fraud by the insured broadly : excessive insurance (as from needlessly duplicative coverage) Dictionary Entries Near overinsurance overinclusive overinsurance overpayment See ...
E&O insurance doesn’t cover claims for property damage, bodily injury, workplace injuries, data breaches, intellectual property violations, or criminal acts such as fraud. The cost of E&O insurance varies depending on the size and nature of your business, but the average premium for a small bu...
Examples are arbitration and mediation.Alternative markets –Mechanisms used to fund self-insurance, including captives, which are insurers owned by one or more non-insurers to provide owners with coverage. Risk-retention groups, formed by members of similar professions or businesses to obtain ...
Fiduciary Insurance has the meaning set forth in Section 6.8(b). Sample 1 Based on 1 documents SaveCopy Examples of Fiduciary Insurance in a sentence The risks of litigation have pushed fiduciary insurers “to raise insurance premiums, increase policyholder deductibles, and restrict exposure with redu...
If you keep both policies and make a claim on both, this could be considered fraud. You can only make one claim. What contents insurance add-ons are available? Away from home cover This add-on allows you to cover items up to a certain value for loss or damage outside the home. For...
Errors and omissions insurance does not cover intentional acts of fraud or criminal acts. Such purposeful wrongdoing isn’t covered. Moreover, if you have a history of liability claims, you may have a hard time getting E&O insurance coverage. ...