If no aggregate amount is stated on an umbrella policy of years ago is there one Policy states 5mill per occurrence nothing else company says aggregate is 5 mill I cant agree Any recourse?
It appears that 5 mill per occurrence is the consensus in the company, then the best recourse would be to consult a lawyer. A lawyer may help you state your case regarding the umbrella policy years ago.
1 person found this useful
Answer . \nA Personal Umbrella Policy is a low-cost insurance policy that provides excess liability coverage above and beyond the limits of the liability coverage on your personal auto and homeowners policies.\n. \nThis additional coverage pays after you have exhausted your primary coverage if …you are sued for damages suffered by someone as a result of an accident - especially an unexpected catastrophic accident - involving your car, property, or recreational activities.\n. \nYou're particularly exposed to the risk of an incident resulting in litigation if you have a swimming pool, have a student driver in the family, engage is high risk activities (jet skiing, snowboarding, snow skiing, horseback riding, boating etc.). Even the game of golf results in major lawsuits every year when someone is hit by an errant ball.\n. \nAs you accumulate assets (think home equity), you become a bigger target for lawsuits. If you lose a lawsuit and don't have enough liability insurance, your assets could be taken to satisfy the judgment. In addition, your assets probably include savings and investments. Even your future earnings can be garnished to satisfy a judgment against you.\n. \nYou can add Personal Umbrella coverage to take over where your auto and homeowners coverage ends. Annual premiums start as low as $200 a year for additional coverage of $1 million. Plans are available for coverage up to $10 million. ( Full Answer )
How do you find out what company holds your life insurance policy if someone else has the policy and wont let you have any information even the company name?
Short and sweet answer? Contact your state insurance commissioner for guidance. Be ready to provide identifying information, such as social security number (it's on the policy application), address (it's on the policy application), names of insured, beneficiary, and owner (it's on the policy applica…tion). The insurance commissioner has the power to find out for you, or at least a starting point. Assuming that "holds your life insurance policy" means that you are the insured or one of the 3 actors (insured, owner, beneficiary) on the policy, you should'nt have much of a problem getting what you need. I wouldn't even worry or even mention the party that refuses to devulge the information you want. They are not part of the equation. ANSWER The foregoing is correct in some ways, but it does not get to the heart of the issue. The question could suggest that the person without the policy is in fact the insured and has paid the premiums. If that is the case, he/she should check canceled checks or other payment records to see to what the premiums were paid. Too, that person should check with the insurance agent with which he/she deals for other insurances to determine if life insurance was purchased as well (many agents are dually licensed for life and health and property and casualty). Sometimes, a loan application, such as for a mortgage, will ask for information as to insurance, because some lenders consider it to be an asset. Therefore, those kinds of documents should be checked to see if an insurer was listed. As mentioned above, you could approach the Consumer Services division of the state's insurance regulatory authority. However, there is generally no central registry that correlates an individual with a company that issued a policy; those records are maintained within the insurance company itself. That said, if you can show that a "fast one" may have been pulled by someone or something over which the department of insurance has jurisdiction (power), it is possible that the department could open an investigation and dig out information for you. Generally, an insurance regulator has jurisdiction over people and entities that it licenses, such as agents, adjusters, and insurance companies. However, it can also assert jurisdiction over persons who commit wrongful acts with respect to insurance transactions even if they are not licensed by the insurance regulatory authority. ( Full Answer )
Aggregate limits general are referring to the liability portion of the policy, the aggregate limit is a pre-determined dollar amount up to which an insurance policy will cover an insured per year or policy period or accident. As an example, your limit is 100k per person 300k per accident/loss, and 5…00k aggregate, so each person could get up to 100k per person, but only 300k per accident, and no more than (no matter how many accidents in that policy period) 500k aggregate....clear as mud isn't it? If you have a specific coverage that you are wondering about I would be happy to assit, check your policy for the length of the aggregate amount..should say , 'during policy period or per calendar year etc.'' ( Full Answer )
Total Tisk Exposure . One Insurers total liability of a series of policies owned by the same Individual or Company
Ans: Aggregate is the component of a composite material used to resist compressive stress OR 1. Forming a total. Gathering from various sources and considering as a whole. 2. Geology. rock fragments used in construction, ie. mixed with cement. (gravel) ____________________________________________…______________________ 1. General : Collective amount , sum , or mass arrived-at by adding or putting together all components , elements , or parts of an assemblage or group, without implying that the resulting total is whole (contains everything that should be in it). 2. Construction : Granular mineral material (such as sand, gravel, crushed stone) used with a bonding medium (such as cement or clay) to make concrete , plaster, or terrazzo mixture. See link below. ( Full Answer )
Does the State of MD require a form to be signed if you want to cash in a paid up policy brought for grandchildren over 40 years ago?
Answer . The insurance company will require a surrender form to cash in the policy.
The Aggregate coverage is the maximum the policy will pay out in any given policy term. .
State policy can be defined as the rules that govern a state. Thisincludes the laws and bills that have been passed by thelegislative.
In a legal malpractice case where I am the plaintiff my demand is for 275000 and can be substantiated above that amount insurance liab limit is 100000 per occurrence aggregate 300000 which prevails?
The $100,000. will prevail. The meaning of that term is that the most the company will pay on any single claim is $100,000; however if there are several claims made under the policy and the aggregate of all claims exceeds $300,000., the insurance company will cover only a total of $300,000., leaving… the lawyer to cover the rest. Please be advised that this information is given for information purposes only and shall not constitute legal advice, which if wrong, might give rise to a claim for malpractice. ( Full Answer )
Arkansas, Florida, Georgia, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Ohio, South Carolina, South Dakota, Tennessee, Texas, West Virginia, and Wisconsin. California
You deposited the money to one person account in state bank of India account will I get back the amount since he cheated me in the name of overseas insurance policy?
I would like to know that how they (fraud people) got my resume since I applied on line to multi national company Shell career.com and they give me job on the basis of resume and got cheated me asking for overseas insurance policy and they asked me to deposited the money to account of Syeed Zahoor U…ddin A/c no 30362367838. I deposited the money to his acount Rs. 30000. When they ask again the money for the registration of NEPUG I got into doubt and checked with others and found it is fraud.. Please tell will get the money back and request to suggest. Thankyou ( Full Answer )
Hello this is the government only the Barons in among the hidden can Have 1000 kids
A "Per location aggregate" is an endorsement added to Commercial General Liability policies which extends separate liability limits for each location as opposed to sharing one limit. For example..... If you have a policy with 2 locations covered with a $1m Occurence/$2m Aggregate limit and you DO N…OT have a "Per Location Aggregate" then both locations would share the $1m/$2m limit.. If your policy includes a "Per Location Aggregate" Endorsement the both Location #1 and Location #2 would each have separate $1m/$2m limits in the event of a loss. ( Full Answer )
Gun control, lots of information with many biased opinions you can compare and contrast. Makes for a great essay, in fact I just wrote one on it
The project agg must be added to a CGL by endorsement. This will provide for the full amount of your per occuerence limit to that project. If your policy limits are set for $1,000,000 per occuerence and a general policy aggregate of $2,000,000 you would be able to use the $1,000,000 limit for the pe…r project aggregate. This is all subject to your carrier approving this type of transaction. However it is very commonly done. ( Full Answer )
It was Texas..followed by Alberta. It originated in Texas when a white guy by the name of Bob Inurmexass was attacked by a Mexican by the name of Palo tacotime- wittrash. Bob immidiately shot him up, and was taken to court for it. Turned out the judge was Bob's ex-boyfriend, so they made terms with …each other and over a long period of time the bill was passed by president Lincoln. ( Full Answer )
1. Legislation in a number of states requiring insurers to pay the face amount of a fire insurance policy in case of total loss to a dwelling (or sometimes another specified type of building), rather than the actual cash value of the loss. Such laws in effect override the principle of Indemnity tha…t normally governs property and liability insurance contracts. These laws were put into place to protect the consumer because many companies were insuring properties based on market values or mortgage values, when they were so inflated and were way over insuring homes. If you had a total loss at that time they would pay out the ACV, so to fix this they instituted these laws to protect consumers and to hold the insurance companies accountable for the amount of insurance that they place on a home. Each state will be different in what and how it is applied meaning it may not include earthquake or flood losses, or it may only apply to loss by fire or only on mobile homes ectâ¦ States that are valued policy states include: Florida, Texas, Missouri, Louisiana, Wisconsin, Arkansas, Mississippi, Minnesota and there are more that I just have not encountered or could not find information on them. ( Full Answer )
In the state of Washington L and I pays a very small amount for permanent damage you received on the job what recourse do I have for years of pain and job loss?
Not much information is given in the question but it sounds as if you should contact an attorney and ask about the possibility of bringing suit against the company you worked for at the time you suffered your injury.
Can a broker have a policy to require a buyer to get a preapproval from in state and use an in state mortgage company?
You would have to check wtih your state Board of Realtors to determine if there are laws against this type of coercion, but is certainly does not sound proper. As a customer you have the right to secure your financing anywhere you choose.
In aggregate planning, you look at things from a far point of view. In other words, looking at the big picture of the whole plant. Not caring about the small details, such as a particular product , a particular worker or where this worker is assigned. You can take the an average for products, if …the company produces many products, as a weighted average of how much you produce of each type. So, now you have a single average product to plan for. The similar thing for the number of workers. we just need the amount of items they can produce per operation day. we do not look into the detail of which department this worker is going to work in. In general, aggregation is used to simplify the problem and then get best solution to use when disaggregating the components in the following steps of the production planning. ( Full Answer )
I have a policy from The Colonial Life Insurance Company of America East Orange New Jersey I need A phone number or address so I can reach them.
The carthigian foreign policy reflected economic interest protcection of the sea lanes access to raw materials and fostering trade oppertunities mattered the mist to the dominant merchant classes I hoped this helped cause when I needed this answer I couldn't find it to save my life
Does life insurance companies have to pay interest to the beneficiary if the policy holder died 17 years ago and the policy has just been found?
Not enough information is disclosed in order to offer an answer. Was the company ever notified of the insured's death? Who has been paying the premiums for this policy for the past 17 years? Are you sure it hasn't lapsed? What were the original terms of the policy? Too many un-answered questions - …you really need to contact the insurance company for assistance. ( Full Answer )
What is the difference between Franchise deductible amount threshold and annual aggregate according to insurance policies?
Let's say a policy has a 10% deductible. That means that lossesless than 10% are not paid. Further, if a loss is greater than 10%,it is reduced by the amount of the deductible. (ie the insurer pays15% if the loss is 25% of the limit) If a policy has a 10% franchise deductible, that means that losse…sless than 10% are not paid (same as above). However, if the loss isgreater than 10%, it is as if the deductible did not exist. (ie theinsurerer pays 25% if the loss is 25% of the limt). ( Full Answer )
There is a policy that gives Commanders the right to do what is in the best interest of their unit and the mission. Sometimes that involves making difficult choices. I served in the Army for more than twenty five years. I always tried to do the best to support approved leaves (both individual and bl…ock leaves), but on at least three occasions, I had to tell a soldier his leave was cancelled. In all three situations, I told the solder myself -- I felt they had earned the right to understand the reason why I made the decision. Yes, it is disappointing to loose a leave you had looked forward to for a while. It also is disappointing to have to pull guard duty Christmas Day, but it is part of how the Army works. ( Full Answer )
\n. It is important for a state to have foreign policy because it is the tradition in IR that all states should have foreign policy. Also, it is important for a state to have foreign policy because to help direct state's development through economic, social and political interest of the state.
Do monetarists argue that the Natural rate of unemployment can be reduced by macroeconomic policies designed to stimulating aggregated demand?
They do, but inflation will result, the monetarist view of the natural rate is that it is the non accelerating inflation rate of unemployment (NAIRU) to move below this will result in high inflation and is therefore not worth the benefit of the reduced unemployment.
Yes. An expansionary fiscal policy, or more optimistic growth expectations in the private sector will shift the aggregate demand (AD) curve upwards. The position of the AD curve is also affected by the central bank's inflation target, if the target falls, the AD curve will shift downwards. Monetary …policy influences the slope of the AD curve as well as the position. If the central bank put strong emphasis on fighting inflation and little emphasis on stabilizing output, the AD curve will be flatter. The other way around will yield the opposite result. ( Full Answer )
The question does not state the nature of the coverage that you have, but it really does not matter. A policy may be canceled by the insured in a couple of ways: (1) Do not pay the current premium, or if you have, do not pay the next one. (2) Contact your State Farm insurance agent and tell him/he…r or a customer service representative in the office of your desire to cancel. (3) If the premium was being electronically debited from a bank account, rescind the authority to do that. In all events, do not cancel the insurance until and unless you have replaced it with substitute coverage and you have confirmation that the new coverage is in place. If the State Farm insurance is homeowner's, keep in mind that any mortgage holder will be an additional insured on the policy and will be notified of the cancellation. You will likely have an obligation under the mortgage to keep the home insured, so it is important that you replace the State Farm coverage and name the mortgage holder on the policy. Otherwise, you will be in violation of the terms of the policy and the mortgage holder may take it upon itself to secure insurance to protect its own interests. That type of insurance is typically high and will be charged to your loan account. If the State Farm insurance is car insurance, likewise make sure that it is replaced before you cancel. Most states have requirements that various types and limits of motor vehicle insurance be maintained, and you do not want to be in violation of those requirements. Additionally, if the car is financed, the lender will have required physical damage coverage on the car to protect its interest. If you cancel it, the lender will get its own coverage to protect its interest in the collateral and charge the premium to the loan account. That insurance does not inure to your benefit, and protects only the lender's interest in the collateral. ( Full Answer )
Kentucky is a recourse state, allowing the lender to seek judgments and damages from the borrower.
The Chinese government can stop the one child policy if it chooses to, in 2010. However this seems unlikely as the aim of the government is to drastically lower the population of the country. At the same time the reason that they started the policy was so that everyone would have a certain amount of… land to farm on. However, now the majority of China's population work in factories or cities. They therefore need less land and this is an incentive to stop the policy. ( Full Answer )
This type of recycling involved crushing, screening, and reusing cement and asphalt concretes. Aggregates companies were frequently collecting and reusing the materials on construction projects
I disagree with the one child policy in China because China is a country and they can fit more people in it, it is cruel to the citizens and families living in China
STATE . VALUED POLICY LAW . CITE . Alabama. No . Alaska. No . Arizona. No . Arkansas. Yes . Â§23-88-101 . California. Yes . Â§ 2050-Â§2058 Â§412 . Colorado. No . Connecticut. No . Delaware. No . D.C.. No . Florida. Yes . Â§627 702 . Georgia. Yes . Â§33-32-…5 . Hawaii. No . Idaho. No . Illinois. No . Indiana. No . Iowa. Yes . Â§515.96 thru 97, Â§518A.23 thru 26 (Mutual Assesment Association) . Kansas. Yes . Â§40-905 . Kentucky. No . Louisiana. Yes . Â§22:695 . Maine. No . Maryland. No . Massachusetts. Yes . Â§175:96 . Michigan. No . Minnesota. Yes . 65A.03 Subd.2 . Mississippi. Yes . Â§83-13-5 . Missouri. Yes . Â§379.140,.145 . Montana. Yes . Â§33-24-101 thru 105 . Nebraska. Yes . Â§44-501.02 . Nevada. No . New Hampshire. Yes . Â§407:11 . New Jersey. Yes . Â§17:36-5.19 . New Mexico. No . New York. No . North Carolina. No . North Dakota. Yes . Â§26.1-39-04 & -05; Â§26.1-30-03 . Ohio. Yes . Â§3929.25 . Oklahoma. No . Oregon. No . Pennsylvania. No . Rhode Island. No . South Carolina. Yes . Â§38-75-20 . South Dakota. Yes . Â§58-10-10 . Tennessee. Yes . Â§56-7-802 & 803 . Texas. Yes . Art 6.13 . Utah. No . Vermont. Yes . 8 VSA Â§3961, et seq. . Virgina. No . Washington. No . West Virginia. Yes . Â§33-17-9 . Wisconsin. Yes . Â§632.05(2) . Wyoming. No . 12/3/2007. ( Full Answer )
No, per project aggregrate applies seperately to each projectduring the policy period, per location aggregrate applies uniquelyto the locations worked at during the policy period. Per locationdoesnt seem that common...
An aggregate is an unusual term for adding together. So the "aggregate" will be 2 + 5 + 7 = 14
On average how much does a one million dollar liability two million aggregate insurance policy cost?
That would depend on what type of business you are referring to and the exposures of that business endeavor. It could cost you 500 dollars or 50,000 dollars. There is just insufficient information here to provide an answer.
There are many companies who offer great policies but it all depends on your health needs. Some companies offer some good services that others might not offer so it is really up to your needs.
Can my homeowners insurance company drop my policy if i have a slide on my swimming pool in the state of fl.?
It just depends on the insurance company underwriting guidelines. Some companies will not accept pool risks with a slide, some will not accept diving boards. If it is determined that your risk does not qualify for coverage under the guidelines then they can cancel your policy.
From a recent science test I completed shows small doses of aggregate seem to strengthen the mixture, but as more is added, it becomes worse than with none at all.
as we know we have sieve sizes. aggregates which got retained in 4.75 mm sieve size is known as coarse aggregates or we can say aggregates having size more than 4.75mm.
Aggregate Functions . MIN. returns the smallest value in a given column. MAX. returns the largest value in a given column. SUM. returns the sum of the numeric values in a given column. AVG. returns the average value of a given column. COUNT. returns the total number of values in a given… column. COUNT(*). returns the number of rows in a table. Aggregate functions are used to compute against a "returned column of numeric data" from your SELECT statement. They basically summarize the results of a particular column of selected data. We are covering these here since they are required by the next topic, "GROUP BY". Although they are required for the "GROUP BY" clause, these functions can be used without the "GROUP BY" clause. For example: SELECT AVG(salary) FROM employee; This statement will return a single result which contains the average value of everything returned in the salary column from the employee table. Another example: SELECT AVG(salary) FROM employee; WHERE title = 'Programmer'; This statement will return the average salary for all employees whose title is equal to 'Programmer' Example: SELECT Count(*) FROM employees; This particular statement is slightly different from the other aggregate functions since there isn't a column supplied to the count function. This statement will return the number of rows in the employees table ( Full Answer )
Of course not. We have enough trouble maintaining reasonable laws throughout the land. We would have utter chaos if companies could override any state or federal law just by writing a policy. Local, state and federal laws always trump a company's policies.
Ameritas . CIGNA . Great West Life . Guardian . Kaiser Permanente . MassMutual . New York Life and Health . Pacificare
A news aggregator is basically a piece of software that displays the news content in one place. It updates the information from across the websites chosen.
An umbrella policy was created to provide additional coverage when a lawsuit brought over injuries and/or property damage that you cause exceeds the liability limits on your car insurance, home insurance, boat insurance, etc.
Government actions can control or influence the aggregate demand of its country by controlling pricing. Aggregates are the total amounts of goods that a country purchases for various things.
The Declaration of Principles and State Policies is a Philippinedocument used to govern people. Section 5 includes the maintenanceof peace and order, along with protection of life, liberty, andproperty.
If the provision of advance payment is there in the policy bond,you are at liberty to sue the Insurance Company for breach ofcontract.
Do you need to get an umbrella policy from the same insurance company that covers your car and home insurance?
Yes. Most companies that offer umbrella or excess liability policies will not offer such a policy unless they also insure your home and or vehicles. The reason for this is that under the policy you are required to carry policies on your home and vehicles but are required to carry certain limits of l…iability on these policies. It s much easier for the company to monitor these policies and required limits if they handle these policies. There are some companies that will write these separately but the prices are much higher under these circumstances. ( Full Answer )