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What is a master insurance policy?
master insurance policy In Marine Policy, one Master or Open policy is issued to the Exporter for a fixed amount. Against each shipment, Insurance Certificate is issued against the Master or Open Marine Policy. When the total amount of the Master policy is exhausted,either the value is enhanced or a separate Master Policy is issued to the exporter.
What is title insurance for?
Title insurance protects you against hidden problems with the ownership of the property, i.e. if the seller doesn't have full rights to sell. It insures that there are no liens or mortgages left unsatisfied on the property. When a buyer purchases a property, title insurance protects them from any claims of ownership, lien, or mortgage placed on the property before the buyer takes title to the property. If the information upon which the title insurance is based is incorrect, and a claim is asserted against your ownership of the home, then the policy indemnifies or protects you from experiencing a financial loss directly attributable to a claim that is covered by the policy.
What is the difference between a Title policy and a Title Commitment?
A Title Commitment is a result of a title search of the public records. It carries no liability and does not insure the addressee of the accuracy of the information. A Title Commitment is written in anticipation of a future Title Insurance Policy. A Title insurance policy insures someone or some entity against a possible loss. Example: John Smith purchases a property and he has title insurance and the policy is dated Jan 2, 2008. John Smith insured by the title insurer that he has free and clear title subject to the exceptions in his title policy. TitleExaminer237 http://sites.google.com/site/michigantitleexaminerportal/
Will my life insurance policy have to pay my student loans?
No. Life insurance is paid the the beneficiary named in the policy, your creditors have no claim against the insurance proceeds EXCEPT if the proceeds are paid to your estate.
Can you take a loan against your life insurance policy?
Yes, but only if it's a cash value type of policy, not a term policy.
What is a non-standard auto insurance policy?
A non-standard auto insurance carrier is an insurance company that insures higher risk drivers - such as drivers with multiple tickets or accidents and/or poor credit.
What is standard fire policy?
A fire Insurance Policy is Fire Insurance for the covered property indicated on the policy.
Can 1 drive my brother car that he insures if i have no insurance of my own?
As long as you have permission from him to drive and/or his policy does not exclude other drivers.
Can you sue your insurance company if you get hurt by your car?
No you'd have to file your loss notice with the company that insures your car or your medical insurance policy. Homeowners Insurance policies provide no coverage for the automobiles.
Does a standard homeowners insurance policy cover the death of the insurer?
No, Homeowners Insurance does not provide the coverage of a life insurance policy.
If your ex-husband insures your son on his auto insurance policy do you also need to put your son on your policy?
Most likely not. Your son should be listed on the policy that has the vehicle that he is most likely to drive.
Who regulates the Standard life insurance policy?
The standard life insurance policy wording is requlated by the various stae insurance departments. Basically, the standard life insurance policy covers death by any cause at any time in any place. Death by suicide within the first 2 policy years is an exclusion in most states, 1 year in some states.
What is the policy of Erie Insurance?
The policy of Erie insurance is that they believe that their policy protects you against financial loss if you have a car accident. As well as their being other tyoes of insurance but this is the one for car insurance.
In a one car accident who is responsible for damage to the vehicle if it was driven by someone other than the owner?
The primary insurance would be the policy that insures the vehicle.
What exactly is Travel Trailer Insurance and how do I go about getting it?
Travel trailer insurance insures a trailer (and generally the contents) hitched to another vehicle. Many auto insurance companies (e.g. Progressive) well sell you a policy.
Which insurance company insures 1973 Ford Stepvan with only PIP in Florida?
Florida requires that all registered vehicles have liability too. A PIP only policy is called health insurance.
What is covered by a trade credit insurance policy?
Trade Credit Insurance is a type of insurance which is offered to businesses. The insurance policy covers accounts receivable, guards against bankruptcy, and protects the business against credit risks.
