If you think a high﹣factor sunscreen (防晒霜) keeps you safe from harmful rays,you may be wrong.Research in this week's Nature shows that while factor 50reduces the number of melanomas (黒瘤) and delays their occurrence,it can't prevent them.Melanomas are the most aggressive skin cancer...
Accordingly, life insurance is generally not considered to be indemnity insurance, but rather "contingent" insurance (i.e., a claim arises on the occurrence of a specified event). There are generally two types of insurance contracts that seek to indemnify an insured: an "indemnity" policy, ...
Liability insurance policies are classified as either occurrence or claims-made. Under an occurrence policy you're covered for any incidents that took place when the policy was in force, regardless of when the claim is filed. For example, someone slips and falls on your sidewalk and then experi...
business to an insurance company. In exchange for regular premium payments, the insurance company agrees to compensate the policyholder in the event of a covered loss. However, not all risks are completely transferred to the insurer. This is where the concept of Self-Insured Retention comes into...
4. Limits: Insurance policies often come with limits, which specify the maximum amount that the insurance company will pay in the event of a claim. These limits can be per occurrence or aggregate limits, depending on the type of coverage. 5. Risk Assessment: Risk assessment involves identifying...
aAgainst liability arising as a result of damage to property or injury (including death) to any person occasioned by the performance of the Services at the place of performance. Such insurance shall be on an Occurrence basis: $1,000,000 per occurrence. 正在翻译,请等待...[translate] ...
An incident management plan helps to keep a check on the root cause of the incident and thereby reduces the occurrence of future incidents. The time taken to resolve or remediate the impact of the incident is improved and quick. It is also called Mean Time To Resolution (MTTR). ...
In the rare occurrence that an insured bank fails, the impact on customers will depend on the steps the FDIC takes in response. “If a bank is acquired by another institution, customers’ accounts and services generally continue without interruption, and they become customers of the acquiring ban...
A certificate of insurance (COI) is a document issued by aninsurance companyorbroker. The COI verifies the existence of aninsurance policyand summarizes the key aspects and conditions of the policy. For example, a standard COI lists the policyholder’s name, the policy’s effective date, the ...
Business insurancepolicies are often offered as either a claims-made policy or an occurrence policy. While the claims-made policy provides coverage for claims when the event is reported, the occurrence policy provides coverage when the event occurs. Claims-made policies are used to cover the risks...