Indemnity insurance is insurance coverage that compensates policyholders for all or part of the expenses incurred when a situation...
正确答案:(1)Insurable interest holds that no one may insure anything unless he has an interest in it,which means that if the thing insured is preserved he will derive a benefit from its preservation,but if it is in any way damaged or lost the assured will be adversely affected. (2)Every...
The correct answer to sentence two isinsured. Naila took out an insurance policy. We want to guarantee a great customer experience. The word we are looking for here isensure, in the sense of make sure. The correct answer to sentence four isassured. The sales rep put my mind at ease and...
Insurance is an arrangement by which one party (the insurer保险人，保险公司) promises to pay another party (the insured or policyholder被保险人，持保人) a sum of money if something happens which causes the insured to suffer a financial loss. The responsibility for paying such losses is then ...
Legal Considerations for Implied Authority in Insurance Conclusion Introduction Insurance is a fundamental part of our daily lives, providing us with the financial security and peace of mind we need when unexpected events occur. However, navigating the complex world of insurance can be challenging, esp...
aParTing Dian Yi 分开Dian伊[translate] aerotism 正在翻译,请等待...[translate] a她很小声地交谈,尽量不要吵到别人。 正在翻译,请等待...[translate] aWhat is insured by professional liability insurance of the supervision engineer 被监督工程师的专业的责任保险确保的[translate]...
1“It’s clear in the policy that the deductible is applied to the insured’s LOSS, not the sublimit (see faculty comments below). I don’t recall ever seeing any standard HO or auto policy with sublimits where the sublimit is applied to the loss before the deductible. Consider an HO ...
Non-admitted insurance answers the need for higher risk coverage. Without non-admitted insurance, many people would be unable to get insurance. They might not be able to buy homes or be insured after a string of bad luck. When you buy any type of insurance, it must be sold to you by ...
though, provides alump-sumpayout to the namedbeneficiarieswhen an insured party dies. Unlike indemnity insurance, the payout, referred to as adeath benefit, is the full amount of the policy—not for the amount of a claim itself
When a premium is paid on the account, a portion pays the cost of insurance based on the insured's life; any fees are paid; and the rest is added to the cash value. The total cash value is credited with interest based on increases in an equity index (although your money isn't ...