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So that the insurer is not exposed to certain risks for which they do not want to provide cover at the prices quoted.
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Sample letter of proposal to sell property?
A sample letter of a proposal to sell property should contain examples of what the final document should look like. Some information to include is the address of the property, the appraisal value, and the sale price.
What types of business mortgages are available?
Buy-to-let mortgages are available for people wanting to make a rental income from property. There are also commercial mortgages available for people wanting to purchase a property which will house a business. Normally these mortgages are for properties valued from Σ10,000 to Σ1 million and can be for property such as hotels, restaurants, petrol stations etc. These mortgages will still contain your usual rate offers of fixed rates and tracker mortgages amongst others.
Can a document convey fee title to land even though it does not contain the word deed?
I am taking an online class for college in real estate, and the says, "the deed must contain words of conveyance. With these words the grantor: (1) clearly states that he is making a grant of real property to the grantee, and (2) identifies the quantity of the estate being granted. Usually the estate is fee simple, but it may also be a lesser estate (such as a life estate) or an easement."
Is business of business only business?
Business is a vast term and has many things in it . Its is an only business but it contain profit, growth, risk, losses or troubles etc so its is only business but contain every thing.
What business documents most likely would not contain instructions?
How do insurance companies proportion for other insurance?
This issue arises primarily in health insurance. If there are multiple policies that arguably cover an occurrence, the policies generally contain "coordination of benefits" provisions which deal with which policy pays first (and second, and third).
What is property and casualty?
Property of course is just that insurance for a particular property, the definition of casualty is ''Insurance coverage for loss orliability arising from a sudden, unexpected event such as an accident" so the term property and casualty insurance is losely used to describe, policys that contain coverage for a specific property and liablity protection. Most people would say, auto, home, boat, motorcycle insurance would be among these.
What are some life insurance coverage characteristics?
Life Insurance policies are of various kinds. There exist term policies, whole life insurance policies. endowment policies, universal life insurance policies. Each type has its own characteristics. In general, life insurance policies are contracts that pay a specified amount (the proceeds) upon the death of the insured. Term insurance is sometimes characterized as "pure protection" in that it does not contain within it an element of "savings" or accumulated value. In contrast, whole life, in addition to the death benefit, accumulates value as premiums are paid, which can br borrowed. If the loan is not repaid, the balance, plus the contract rate of interest, will be deducted from the death benefit.
Does homeowners insurance cover asbestos?
You will need to refer to your Home insurance policy language. Alternatively you can ask your Insurance Agent or company representative. Most Home Insurance Policies these days contain specific language that excludes coverage for Asbestos and Asbestos related claims.
What is roofing liability insurance?
General liability insurance should be purchased by any roofing contractor, and should contain exclusions for the type of work you do (New residential exclusion), when the work was performed (Sunset or prior work exclusion), or types of claims (Open roof, water damage). It is going to be tempting for you to purchase the cheapest policy but for roofers the cheapest policies cover literally nothing but premesis liability for if some third party gets injured while on your job site (Not employees which would be covered by work comp).
Is it legal for a person to buy two health insurance?
Absolutely but expect them to have a coordination of benefits provision that requires you tell the other carrier about both plans so you don't get paid more than the expense. Stated otherwise, the purpose of insurance is to make the insured whole, not to make a profit for either the insured or the medical provider. Therefore, policies generally contain "coordination of benefits" provisions. These can be complicated to reconcile, but in general, require the insurers to work together to pay proportional parts of the claim. The insured will not be able to recover more than the claim, and payment will be subject to the terms, conditions, exceptions and exclusions of both policies.
What is the email address of life insurance policies?
There is no all-encompassing email address for life insurance policies. Policies are issued by individual insurers, and each of them likely has an email address. Look on the policy and determine the name of the issuing company. If it is a relatively new policy, the email address may be shown. If not, certainly the policy will contain a customer service phone number. You can call it and get the email address. If all of that dails, you can contact the National Association of Insurance Commissioners (NAIC) and it will probably have the information.
What is a auto insurance?
Auto insurance is a kind of insurance that helps you cover the costs resulting from a car accident or auto problem. Every state in the U.S. requires drivers to carry at least some auto insurance, although the exact amount varies by state. There are two basic kinds of auto insurance: insurance that covers first party damage (which is damage to your car or injuries to people in your car) and insurance that covers third party damage (i.e., damage or injuries to another driver's car or passengers, or any property you damage in an accident which doesn't belong to you.) Most insurance policies contain both of these types of coverage.
Can a homeowners insurance policy be cancelled if the homeowner is out of the country and the property left vacant?
Ye, reference the vacancy clause of your homeowners insurance policy. Most policies contain language that require you notify the insurer within a certain time frame of extended periods of vacancy. To avoid unexpected cancellation of coverage due to occupancy issues, be sure to properly list your occupancy type. Certain types of residences may be listed as, vacation homes, vacant property, temporary or seasonal homes.
Should written policies be developed for abbreviation usage If yes why should the policies contain?
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Should written policies contain?
Should written policy contain policy statements
How do you get insurance for a horse farm?
Horse Farm InsuranceHorse farm insurance is written as commercial farm insurance. The policy will contain liability coverage for the farm and you can also purchase crop and livestock insurance to protect your interest in your animals or crops.An insurance broker who handles farming risk can help you get insurance quotes for your risk.AnswerIt depends on whether or not your home is located on the property. Most of the time it would be a farm/ranch policy. If you want individual coverage for each horse you need to have a "schedule of property and livestock".
