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What is faculative reinsurance?
A policy where the original (principal) insurer determines the level of risk it should maintian on any one policy, while the principal insurer will ask to share the remaining risk with a third party insurer for a premium. facultative reinsurance is taken for in dividual risks. if any risk is beyond direct insurers limit and does not fall under any treaty arrangements he made then the direct insurer approaches for the facultative support Suman Karthik
What is Outward Reinsurance?
Reinsurance ceded by an insurer or re-insurer as opposed to inwards reinsurance which is reinsurance accepted.
What kind of business is Grandin Road?
Grandin Road is a business specializes on consumer direct firms. They are also dealing with the quality home decors. In which the company is well-known to have an excellent reputation.
When does a fire policy expire?
The expiration of any insurance policy will occur if the current premium is not paid, or when the policy is of a finite duration and is not renewed. Additionally, an insurer may have the right to refuse to renew a policy under certain circumstances. This is not expiration per se, but instead, it may result from the risk no longer meeting the underwriting requirements of the insurer. Essentially, these lay out the metes and bounds of the risks that the insurer is willing to assume.
What is a good sentence with the word disadvantages?
there are more disadvantages than advantages in that decition you made.
What is a direct insurer?
A direct insurer offers insurance products directly to the public; it does not use any intermediaries.
What can be some of the disadvantages of dealing with direct payday lenders?
Some of the disadvantages of dealing with direct payday lenders are that they can be very expensive in the start and can turn even more expensive when paying back. It's also know that the requirements they have can lead to that it will be used by the people who will have the most difficult to handle the repayments.
What are the benefits of a direct insurer over a reinsurer?
Reinsures look to the opinions of direct insurers when making a decision on risk asessment and insurability. A direct insurer will be able to offer more customized insurance for your particular need, but may cost more. In exchange, you are getting more tailored insurance.
It is important to be direct when dealing with others?
yes
What are the disadvantages of direct debit?
nothing
What is faculative reinsurance?
A policy where the original (principal) insurer determines the level of risk it should maintian on any one policy, while the principal insurer will ask to share the remaining risk with a third party insurer for a premium. facultative reinsurance is taken for in dividual risks. if any risk is beyond direct insurers limit and does not fall under any treaty arrangements he made then the direct insurer approaches for the facultative support Suman Karthik
What are the advantages and disadvantages of two ways of dealing with high waste?
there are none
What are the benefits of purchasing direct car insurance?
Yes, there may be benefits to purchasing car insurance directly from an insurer over the internet. Geico is a large internet insurer who provides car insurance at a discount.
What are the advantages and disadvantages of direct and indirect development?
Depends if you prefer the direct or indirect approach.
What are the advantages and disadvantages of industries dealing with gases that should not be allowed to cooperate?
industries dealing with gases should not be operate, advantage and dia advantages
What are the advantages and disadvantages of industries dealing with gases should not be allowed to cooperate?
industries dealing with gases should not be operate, advantage and dia advantages
Advantages and disadvantages of direct marketing?
increased sales
