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The term "adequate insurance" refers to having sufficient insurance coverage with an authorized insurer to provide you with enough protection for the financial losses that you could reasonably incur. This includes damage or destruction to property that you own or lease, or damage sustained by other parties as a result of your own negligence. The amount of coverage that translates into "adequate insurance" depends upon the interest(s) that you wish to protect.
What else can I help you with?
What does insurance premium mean?
The premium is the cost that you must pay to have the insurance.
What does ee mean in an insurance policy?
If it is health insurance quote. It means Each Employee
What does determinants of demand mean?
The urgency of need, the availability of adequate substitutes, and the amount of income required to buy the item
What does monopolistic states mean for workers compensation?
It means there is a monopoly of insurance carriers- One carrier. That is usually a state government agency. If you have employees in that state covered by Worker's Comp, you must buy insurance coverage from that state agency.
Is insurance premiums for fire insurance an example of variable cost?
is insurance premiums for fire insurance an example of variable cost?
What does fgood insurance mean?
From individual point of view, good insurance means adequate coverage of insurance. From Company point of view, it denotes good performance of an insurance company.
What is adequate insurance?
Adequate insurance depends on your specific situation; the Needs Calculator will help you determine the adequate amount for your specific needs.
If a driver hits a pedestrian and does not have adequate car insurance but does have adequate homeowner's insurance will it cover the accident?
No. They are two totally different types of insurance.
How do you close or bridge Life insurance protection gap?
By buying adequate insurance protection.
What do you believe in if your against adequate insurance?
Fate, luck, and a unfouned sense of indestructability .
What kind of health insurance for senior citizens would be considered adequate and affordable?
Well for medical insurance it can be very difficult to find affordable insurance. The best thing to do is to go with the state based Medicare insurance.
What does mean by marine insurance?
what does mean marine insurance
Adequate life insurance protection is important for those?
with spouse, children, or others who depends on their income.
What does detuor mean?
It means your signwriter is either dyslexic or does not have an adequate comand of english to do an adequate job.
Can you cancel spouse from your insurance policy if spouse has his own medical insurance coverage?
Yes you can. If you feel his coverage is adequate to meet his healthcare needs, then keeping him on your plan would be paying for insurance that you don't need.
What is the best way to handle adequate health insurance when making retirement plans?
Know if you will have medicare. If you will then find a good consultant about if you need suplamental insurance and which is the best match for you.
Where can you find life insurance?
Almost all local insurance agencies will be willing to offer you a life insurance plan that is adequate. Your place of work will also offer life insurance. It is often an added bonus, but if not, may be purchased through them at a group rate.
