offer life cover for the whole life of an individual endowment policy : a portion of premiums go toward the death benefit, while the remaining is invested by the insurer. money back policy : a certain percentage of the sum assured is paid to the insured in intervals throughout the term as...
“Primary(ness)” (as does “noncontributory”) has to do with the priority of payment and only involves a situation where one party, named as an additional insured on the other’s liability insurance policy, also has its own insurance. When one of those two insurance policies is “primary...
the standard symbol for a diode, with the addition of two small arrows denoting the emission of light. simple led circuit the figure below shows a simple led circuit. the circuit consists of an led, a voltage supply and a resistor to regulate the current and voltage. how does an led ...
Yes, IAS officers are eligible for retirement benefits, including a pension plan and other post-retirement benefits as per the government norms. How does the salary of IAS officers compare to other civil services? IAS officers generally receive a higher salary compared to other civil services. The...
a civil suit. A person convicted of violating the federal Electronic Espionage Act of 1996 can be imprisoned up to 10 years. The filing of a criminal case does not prevent you from suing. For example, in a case involving the Avery-Dennison company, a Taiwanese competitor was ordered to ...
3.Budgeting and Accounting.Organizations should submit a budget to the insurer that covers all event expenses, including the event’s location, frequency, sponsors, vendors and booths. If the insured does not submit a budget, the insurers will consider historical pick-up reports from pri...
Reduced paid-up insurance allows you to keep a policy in force for the rest of your life without paying premiums. This frees up your income for other purposes, which can be helpful if your income has changed or if your expenses have increased. It does decrease the amount of your policy,...
What does all of this mean to an “Additional Insured”? The endorsement(s) that adds “you” as an Additional Insured to someone’s liability insurance policy reads like this: Any person(s) or organization(s) shown in the Schedule is also an additional insured, but only with respect to...
The ISO is an organization that provides industry-standard policy forms, which makes it easier for small insurers to provide documents that will stand up in court. What Does a Business Owners Policy Cover? A typical business owner's policy will provide commercial property coverage, business...
In each of these cases, a commercial general liability policy might cover the cost of hiring lawyers to defend the company or the cost of settling the claims. If a business has frequent claims against its CGL insurance, the insurer might raise the premium costs of the policy. What Damages ...