What does additionally insured mean?Business insurance:It is a type of insurance that protects the business from unforeseen events such as fire accidents that may lead to property damages that result in financia
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A partner bank ultimately holds a nonbank's customer funds, which makes the money FDIC-insured. But FDIC insurance only applies if the partner bank fails, not if a nonbank fails. Additionally, the FDIC has said that for FDIC insurance to work, the nonbank (and its business partners) must...
In rare cases, you may be able to purchase an umbrella policy as a primary policy, but you may be responsible for a self-insured retention (SIR) fee that must be paid for the umbrella policy to become operational. What is the difference between umbrella insurance and excess liability insuran...
Additionally, depending on the state, there are certain circumstances that could allow the trustee and the beneficiary to make changes to an irrevocable trust. For example, the trustee might allow the beneficiary early access to the assets due to the onset of a life-threatening illness. A thir...
Additionally, the amount you can withdraw would depend on your age and the payment options you elected. If this all sounds complicated, call us at 800-872-6684. We'd be happy to help. I promise they'll be no sales talk. Hersh Ida 2015-04-28 16:18:17 I should be getting some mone...
Self-insured group plans can also meet MEC standards if they provide coverage for the ACA’s essential health benefits. Individual health coverage Next up isindividual health coverage. This is any ACA-compliant insurance policy you purchased on your own. Despite the name, individual coverage can ...
floods, and riders for such situations can be added to a policy for an additional fee or purchased through the National Flood Insurance Program. Other natural disasters like wildfires sometimesarecovered, so read the fine print. Additionally, losses due to tenant negligence are generally not ...
An insurance policy could ensure your investment is financially protected against situations such as fire, storm damage, vandalism and other perils. Additionally, homeowners insurance may provide important liability protection if someone hurts themselves in your home or on your property. Can a homeowners...
Additionally, carrying state minimum liability does not provide coverage for damage to your vehicle. Omitting comprehensive and collision coverage can cause financial hardship if you are in an at-fault accident and your car needs extensive repairs. How to save on car insurance Before you begin sho...