insuranceChevronreasonable expectationscontra proferentumwrap agreementsstandardized contractspublic policycompensation injured partiesadhesionInsurance policies commonly are understood to be a species of standardized contracts. This Article challenges that conventional wisdom and argues that insurance...
First, like all insurance policies, your Association’s Master Policy will contain a deductible (which varies depending on the Association). When a loss occurs, the Association can pass that deductible on to impacted unit owners, usually through an insurance deductible resolution adopted by the ...
Life insurance comes in two basic forms: term & permanent. Term insurance provides basic affordable coverage for a set period, while permanent plans provide greater flexibility and a cash value option.
Life insurance provides peace of mind, but it can also provide more. Learn about life insurance policy benefits beyond the death benefit.
While not technically insurance, an emergency fund acts as a self-insurance policy. It provides a financial cushion for unexpected expenses, such as a car repair or sudden job loss, allowing you to avoid debt. Fraud Alerts and Account Freezes ...
People on the existing policies lack a thorough understanding, there is no clear understanding of the two insurance complementary functions. Therefore, even if they know that these two items, however, because they believe that both have a very strong alternative and at the same time the warranty...
When it comes to being able to recognize and handle difficult life events, insurance is crucial to your success. Learn about the intricacies of insurance.
Recommendations for audit were produced by the Federal Financial Institutions Examination Council (FFIEC), an interagency group comprised of five of the eight major financial regulatory agencies.Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA)...
Bond insurance is a type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payments to the bondholders in the event of default. Bond issuers will buy this type of insurance to enhance their credit rating in order to reduc...
Runoff insurance is an insurance policy provision that covers claims made against companies that have been acquired, merged, or have ceased operations. Runoff insurance, also known as closeout insurance, is purchased by the company being acquired andindemnifies—exempts from liability—the acquiring ...