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$100,000This is sort of complicated. Per www.fdic.gov:"The basic insurance amount is $250,000 per depositor, per insured bank."The $250,000 amount applies to all depositors of an insured bank."Deposits in separate branches of an insured bank are not separately insured. Deposits in one insured bank are insured separately from deposits in another insured bank."Deposits maintained in different categories of legal ownership at the same bank can be separately insured. Therefore, it is possible to have deposits of more than $250,000 at one insured bank and still be fully insured."
Neither Mutual funds nor municipal bonds are insured. You can however purchase insurance on them
If a bank is FDIC insured then it would be up to $250,000.00 To find a bank that is insured by FDIC go to the link below
are mutual saving banks be FDIC insured
All us banks are not FDIC insured, however most banks that are competing effectively for business are usually FDIC insured.
No less then $150 if they are licensed and insured
B2B contractors often work as subcontractors or work with subcontractors. Trades and exchanges are often negotiated in construction B2B partnerships.
As the person being paid to hire subcontractors you are acting as an *agent* for the actions of the workers you hired. Though the owner is paying the subcontractors individually, if you are overseeing their actions you are likely liable for any actions they undertake. This is especially true if the subs pay you any money for having gotten them the work. All that has to be established is that you were paid to get others to do the work.
A company is required to carry workman's compensation insurance on subcontractors. This is regardless of the number of employees a subcontractor employs.
The homeowner can include a provision in the contract requiring the roofing contractor to provide lien waivers from all subcontractors. This ensures that subcontractors have been paid before the final payment is made. Additionally, the homeowner can directly communicate with subcontractors to verify payment, if needed.
The insured and the insured professional are one and the same.
Absolutely not, your liability insurance does not cover the costs associated with willful criminal acts of the insured.
Yes alot of subcontractors own homes.
First of all, make sure your contractor is licensed, bonded and insured before signing on the dotted line. The general contractor usually hires all the subcontractors which are your plumbers, electricians and carpenters and you will want to get in writing, from him, that all of them are properly licensed/trained for the jobs they are doing.
They are insured as passengers they are not insured to drive it
They are employed by the bus company, which makes them employees.
A new car is not insured unless you insured it. You can insure a car before you pick it up, but if you don't it isn't insured.