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Where do you find in your policy if you have this clause?
do all bcbs policys have a subrogation clause
What clause is said to be the heart of the policy containing the company's promise to pay?
Insuting Clause
Is 72 hour clause in engineering insurance policy advantage or disadvantage?
The 72-hour clause in an engineering insurance policy is an advantage to the homeowner and not a disadvantage.
What is incontestability clause in life insurance policies?
You can find this by looking at the "Incontestable Clause" in your life insurance policy. The "Incontestable Clause" states that after the life insurance policy is in force for two years, the insurance company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
Is there a suicide clause on a group life insurance policy?
no
What is clause a in insurance?
Clause implies the terms and conditions of the particular policy by which the same is governed and both parties should abide by the said clauses for smooth transition of the policy.
How long does a life insurance policy have to be in effect where it cant be questioned?
Refer to the Incontestable Clause in your life insurance policy. The Incontestable Clause states that after the policy is In Force two years, the company cannot void it because of misrepresentation or concealment by the insured in obtaining the policy.
Which constitutional clause below is not among those tools employed by federal government in nationalization of public policy?
Commerce Clause
What type of clause forces the expiration of a program or policy after a specified number of years without congressional reauthorization?
Sunset Clause
Is a mortgagee clause considered a lien?
No. The mortgage is a lien. The mortgagee clause generally refers to a provision in the homeowner's insurance policy providing that loss to mortgaged property is payable to the mortgagee named in the policy and promises advance written notice to the mortgagee of policy cancellation.
What late 19th century policy was seen as a violation of the 14th Amendment?
The late 19th century policy that was seen as a violation of the 14th amendment was the Equal Protection Clause. The clause was only for members of the state government.
What is a manifestation clause as it pertains to a general liability insurance policy?
A mOn anifestation clause on a full occurence policy completely changes and limits an insured's policy. Most insureds with a manifestation clause on their policy either do not know they have one, don't know what it is, or are looking for a cheaper policy not a quality policy. a normal full occurence policy as long as the work was done during the insured's policy period a claim has up to 10 years to manifest itself and for claim to be filed. However when a manifestation clause is placed on a policy it limits this to the claim must manifest itself with the insured's policy period. If the claim manifests itself after the policy period the claim will not be covered. It basically turns a policy into a claims made policy except they can say its an occurence policy and they usually leave out the fact it has a manifestation clause. Example: Full occurence policy without manifestation clause- June of 2007 a plumber fixes a pipe in a residence. August 2007 their general liability policy expires. Sept 2007 the pipe leaks due to being welded wrong the home owner files claim against the plumbers insurance company and becaue they were covered when the work was done in June claim is paid out. Policy with a manifestation clause- June of 2007 a plumber fixes pipe in residence. August their general liability policy expires. Sept 2007 the pipe leaks due to being welded wrong the home owner files claim against the plumbers insurance company and it is denied because of insured's *manifestation clause*. Although the work was done in June and the plumber had coverage at that time, the cause of claim did not manifest itself until Sept and their policy expired in August. If the pipe had leaked in August they "may* have paid claim. ***This is risky coverage! Think about if you did a job 1 day prior to the policy expiring. -Insurance Underwriter
