What does in-force policy limit aggregate mean?
Total Tisk Exposure One Insurers total liability of a series of policies owned by the same Individual or Company
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Well that depends,, Who wants the disclosure. If they have no legitmate need then , then No you should not.
There are several explanations. In botany it refers to floretscollected in a dense cluster, such as in a daisy. In geology it isa mixture of minerals separated by mechanical means. In medicalterms it means crowded or massed into a dense cluster.
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 )
"Answer . I've never heard of an aggregate working load limit for a vehicle.. The only place that term is used in the Federal Motor Carrier Safety Administration Reglations is in the load securement section.. If that is what you meant, it's pretty simple. Most tiedowns and chains should be mark…ed with their Working Load Limit. If they are, you simply add them up.. Five synthetic straps with Load Limits of 7,000 pounds each equals an aggregate working load limit of 35,000 pounds. In most cases, your aggregate working load limit must be at least 50% of the total weight of what you are carrying. In this case, these 5 tiedowns' load limit would be enough for something weighing 70,000 pounds.. If you don't know what the Load Limits are, you can go to 393.108 in the regulations. They have a list of tiedown types and sizes. If the tiedown is not marked, you must use the assigned rating from the regs.. You need to check 393.100 through 393.136 though. Many commodities, such as bundled lumber, vehicles, heavy equipment, have specific requirements in addition to the genereal load limit requirements.. Also, keep in mind, if you are inspected and your load is not secured sufficiently, it is an Out of Service Violation and you can probably count on being issued a ticket, being parked where you are, and your company's safety rating going down.". That is not quite right. According to the rules the aggregate working load limit is "the sum of one half of the working load limit of each tiedown". This means you divide the load rating of each tiedown by two and then add them up to get the aggregate working load limit. . If your tiedowns are rated at 7,000 lbs and you have 5 tiedowns , the aggregate working load limit, the sum of one half of the working load limit of all tiedowns would be 17,500 lbs. . Securment rules state "The aggregate working load limit of any securement system used to secure an article or group of articles against movement must be at least one-half the weight of the article or group of articles".. Divide the working load limit of each tiedown used by two and add them together. This number needs to be equal to or greater than half the weight of your load.. It is an overcomplicated, fancy way of saying that the load limit of your tiedowns must be equal to the weight of the load. ( Full Answer )
this means that the ins co. will cover all the accidents during this policy period
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 )
This will vary with the surety company and the state in which you reside. No easy answer.
Aggregate loan limit is the max amount you can take out in student loans. It's like a credit card, if you max out the card, you have to pay down the principle balance before you can use that card again.
A gold ring will have the gold content inscribed inside. It mayalso have the manufacturer's mark inside. 5C would be themanufacturer's mark.
OSC Rule 61-501 Insider Bids, Issuer Bids, Buisness Combinations and Related Party Transactions, ss. 4.2, 9.1. States: " In the matter of securities legislation of Quebec and Ontario and in The Mutual Reliance Review System For Exemptive Relief Applications and in The Matter of the Potential Take-O…ver Bid for Traansalta Power,L.P. By an Indirectly wholly-owned subsidiary of Cheung Kong Infrascructure Holdings Limited.. MRRS Decision Document. www.osc.gov.on.ca/Regulation/Orders/2007/ord_200071130_transaltal.jsp ( Full Answer )
Policies are a rule or law that you have to follow, by a person incharge. Kind of like an HBC.
5 C's of Credit refer to the factors that lenders of money evaluate to determine credit worthiness of a borrower. They are the following:. 1. Borrower's CHARACTER. 2. Borrower's CAPACITY to repay the loan. 3. COLLATERAL or security/guarantee for the obligation. 4. Borrower's CAPITAL (business ne…tworth) or downpayment for the loan. 5. Present and anticipated CONDITIONS of the borrower, collateral, business, and the industry or economy in general ( Full Answer )
This only happens in a tournament.. Aggregate is about the scores.. If Arsenal scores 1 and Liverpool 2 at Arsenal's home,. and Arsenal scores 1 and Liverpool scores 0 at Liverpool's home,. Liverpool goes to the next round because Liverpool scored two at Arsenal's home.. Away goals worth twice …when the "aggregates" are tied.. ......................Arsenal .................................Liverpool. Home .................1.......................................... 2. Away ..................1 ...........................................0. In this case, Arsenal has 3 points and Liverpool has 4 points. ( Full Answer )
Aggravated vehicular homicide is causing purposeful death with aautomobile. It often carries stiff prison terms and probationaryterms and penalties.
An aggregated sentence is one that is a cluster of words. It doesnot make sense and it is not formed properly.
The Aggregate coverage is the maximum the policy will pay out in any given policy term. .
The insurance company will pay for the cost of defending a claim made against the insured. The cost of the lawyers will be paid for on top of whatever limit of insurance the insured has paid for. ie if the insured bought cover of Â£1m and he was sued for Â£1m then the insurance company will pay …up to Â£1m and in addition to this the insurer will also pay the cost for all the lawyers who tried to defend the claim. ( Full Answer )
1. A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters: American foreign policy; the company's personnel policy. . 2. . a. A course of action, guiding principle, or procedure considered expedien…t, prudent, or advantageous: Honesty is the best policy.. b. Prudence, shrewdness, or sagacity in practical matters.. the answer is rules that parks have and many places..... the term organisational policy mean ( Full Answer )
On a general liability policy, the general aggregate is the highest amount that will be paid out in a policy period no matter how many claims. For example, you may have a $1 million per occurrence limit which would mean with a $2 million aggregate, you could theoretically have (2) $1 million claims.… ( Full Answer )
Aggregate is a process of combining separate objects to make one object or mass. A house, as an example is an aggregate of wood, insulation, nails, shingles, etc. The whole mass is considered a house, workshop, utility shed, or even garage.. Aggregate weight would be the overall weight of combini…ng several separate objects. As an example, five people getting onto an elevator would have a combined (aggregate) weight. Their individual weights added together, but separateley, they have their own individual weight. ( Full Answer )
In a insurance policy, the limit of liability is often expressed as a value per occurrence and a separate value as an aggregate limit. The policy will pay no more than the per occurrence limit for each covered occurrence Further, the pay no more than the aggregate limit for all claims during the pol…icy period. On an insurance policy it would often be expressed as $1,000,000/$2,000,000 occurrence / aggregate The numbers listed above could be replaced by any other number, however the aggregate limit will never be less than the per occurrence limit. Alternatively, the limit could be split between per claim and aggregate instead of per occurrence and aggregate This has no effect on the meaning of aggregate in the policy. Mark Walters, ARM AAI West Insurance Group firstname.lastname@example.org In a nutshell, aggregate means the total paid out for all incidents during the policy period. In the above example you could have 2 claims during the insured period for $1m each but not 3, as 3 x $1m is more than the aggregate limit. ( Full Answer )
Difficulty of changing spending levels, predicting the future, and delayed results. Also, political pressures, and coordinating fiscal policy.
The term "in force" means the policy premiums have been paid up to date, and that if the person who is insured dies, the ins company will pay the death benefit.
Under the aggregate concept, a partnership is perceived as being nothing more than a collection of the rights and responsibilities of the individual partners. This is evidenced by the fact that the individual partners are assumed jointly liable for all the debts and obligations of the partnership.
The Iphone 5C is Iphone 5Colorful 5c can also stand for thenumber 500 ("c" is the Roman numeral for 100) or for 5 degreesCelsius (centigrade) . +++ . "5c" can not stand for any Roman numerals forthree reasons. For a start you do not mix Arabic and Roman numeralslike that - it would be nonsensica…l. Secondly, the Roman for 100 is capital " C ", but thirdly, in the Romanscale, 5 is V, 50 is L and 500 is D. The ' C ' isalso capital for degrees Celsius / Centigrade. ( Full Answer )
The limitations of commercial policy is that it places restrictionson international trade. The taxes levied could also be exorbitantand thus making the international trade almost impossible.
its usually called something along the lines of a contestability period. this usually refers to the time period that the insured can contest a denial of claim. or the period of time that the company has to contest previously paid claims or faulty info on the application. it really just depends on th…e company, what kind of insurance you are talking about, and what you are talking about contesting. so basically you need to provide more info. ( Full Answer )
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 )
An aggregate (noun) is the sum or whole amount. To aggregate (verb) is to collect or amount together.
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 )
An aggregate demand curve is derived from the principle of diminishing marginal utility and it shows the amount of a good (or service) consumers would buy at different prices over some time period. Diminishing marginal utility implies that as the number of units consumed increases, the willingness t…o pay for additional units of that good (i.e., marginal WTP, MWTP) goes down. ( Full Answer )
-4c charge can make the exerted force go on another object such as the 5c positive charge. because wen u multiply em' they make a similarity between them such as -4c+5c which equals to -c or -1c (same thing):)
The simple answer to the question as phrased is that the policy limits will normally be stated on the Declarations Page of the policy. The policy limits reflect the maximum that the insurer is obliged to pay for the various categories of losses covered by the policy, assuming that the coverage appli…es to a given loss and all other conditions are met. However, before concluding that the dollar amounts on the Declarations are inviolate, it is important to review the entire policy to determine if there are any sub-limits, exceptions, or exclusions that are applicable to the loss. You must also factor in the policy deductible, which is typically also stated on the Declarations, in order to get a full idea of the available benefits. An HO-6 is the abbreviated name given to a homeowners-type insurance policy form that is used to insure a condominium, as distinct from a free-standing, single family home. By the nature of those types of structures and the ownership of them, the condominium association typically maintains coverage on the structure, such that, for example, were a hurricane to destroy the roof, the association's policy would be triggered. However, a HO-6 (purchased by the owner of the unit) provides coverage for stated causes of loss when there is damage to certain contents or otherwise to the interior of the unit. ( Full Answer )
Your general liability policy contains three separate limits. A per occurrence limit (Max paid out for any one occurrence) Aggregate (Max pay out for multiple policies on claim) Products and completed ops aggregate (Can reduce amount paid forproduct or operations claims, to below the other aggreg…ate limit or even theper occurrence limit. Lack of products and completed ops coveragecan also be a problem which would show no product and completed opslimit. yes - there is a separate aggregate for products coverage andpremises operations. ( Full Answer )
The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.
You could possibly ask your school to send your loan servicing company a reaffirmation letter so that you will be able to get more money. The process is that the school sends them the letter. The servicing company then sends you a letter to sign where you state that you promise to pay back the money… that you borrow over your limit. Once that has been received, you should be able to get more student loans. ( Full Answer )
It mean the total weight of the cargo. Example if your total gross weight was 80, 000 pounds and your truck and trailer weighs 40,000 pounds empty, your aggregate weight is 40,000 pounds.
For e.g:if they asked 60% aggregate than see simply understand aggregate means what ever your academic in those academic marks must and should have 60% don't calculate like all the academic and divide by the numbers.one line answer must and should have 60% in all academic.
Known accumulation limit refers to a maximum exposure the Insurer will be liable to pay the insured in case of an event that is covered under a GPA policy. This cushions the insurer or the re insurer for instance in case of an accident leading to accident to many subjects insured.
5cc? cc means cubic centimetres which is equal to ml, so 5ml. if you mean cl, then that is equal to 50ml
An aggregate audio device can be created in OS X that combines the inputs and outputs of different audio hardware to appear as one device. Most software is only compatible with one device at a time, and the Aggregate Device editor will allow you to combine hardware inputs and outputs to access all t…he connections. ( Full Answer )
The dictionary meaning of aggregation is putting together separate pieces to form a whole entity. Aggregation is combining many elements to create a total.
Aggregate demand is defined as the total demand for goods and services at a certain price level during a a specific time period. This may be referring to Gross Domestic Product of a country or a single company.
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.
Some people say that the 'c' stands for cheap, because the iPhone 5is made out of plastic (polycarbonate frame reinforced with steel).There is no answer to what the 'c' means but it is presumed that itmeans colour because the 5c comes in 5 colors.
That is the average size of the stones in aggregate. They arecommonly 1/4 , 1/2 , 3/4 and 1 inch.
The official definition of the word policy is "a course orprinciple of action adopted or proposed by a government, party,business, or individual."
You should visit any online insurance broking company like that ofGreenlife insurance broking limited. Visit gibl(.)in and you canthere compare between different liability policy and can save a lotof money.
Winning on aggregate happens when two clubs play each other twice(usually because of a draw in a knockout match). The total amountof goals for the two matches determines the winner.
a set of ideas or plans of what to do in particular situations thathas been agreed to officially by a group of people, a businessorganisation, government or political party