A blanket additional insuredendorsementis an insurance policy endorsement that automatically provides coverage to any party to which the named insured is contractually required to provide coverage. A blanket ad
If the designated life is age 59½ on the effective date of the endorsement, then the for-life guarantee becomes effective on that date. Annuities are long-term, tax-deferred vehicles designed for retirement and are insurance contracts. Variable annuities and registered index-linked annuities ...
The author recommends the belt and suspenders approach wherein the belt is the indemnification or hold harmless agreements and the suspender is the additional insured endorsement which, on the general liability policy, provides the additional insured a number of benefits. The advantages of additional ...
Actual cash value coverageusually pays you the cash value of the contents you insured, but factors in depreciation of the item, theInsurance Information Institute(III) says. Here is an example of how these two coverages work. Say you file an insurance claim after your five-year-old television...
Adding an equipment breakdown endorsement to your policy could give you additional coverage for mechanical failures. However, homeowners insurance won't pay for normal wear and tear. Learn more about homeowners insurance and AC units. Lost jewelry Usually not. A standard homeowners insurance policy ...
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...
“The biggest benefit of opening an online savings account is usually additional interest offered,” Cook says. “Compared to a brick-and-mortar bank, online savings accounts tend to offer at least another 1% of interest, but often even more.” (TheDiscover® Online Savings Account, for exam...
If you do not own high-value items or if the homeowners policy sublimit is enough coverage for you, it may not be worth the extra cost for additional coverage. The price for scheduled personal property is determined by the carrier, item and value but is generally inexpensive compared to the...
Articles may contain information from third parties. The inclusion of such information does not imply an affiliation with the bank or bank sponsorship, endorsement, or verification regarding the third party or information. The information provided herein is for informational purposes only and is not in...
There's more to endorsing a check than providing your signature. Learn more about the check endorsement process to help ensure smooth, errorfree transactions. Continue, How to endorse a check banking basics What are the benefits of direct deposit?