Insurance provision means the conditionality to be adhered to by both the insured and the insurer,as embedded in an insurance policy bond.
Offset clause is a provision in an agreement which allows for debits to be balanced against credits. This is most often found in insurance policies.
Reserve -The funds that a company sets aside to meet future unknown losses. Provision- the funds that a company set aside to meet future known losses
It's referencing your House insurance. Homeowners insurance is also known as a Home Hazard Insurance Policy.
what does the term company mean in insurance
Property and liability (P & L) insurance
Do you mean insurance? (A provision, plan, or contract which comes into effect upon the happening of an unwelcome event.)
A provision of an insurance company is often called an automatic premium loan. A provision is often added to life insurance policies as a rider on an insurance policy that has a cash value.
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provision
its a provision that allows an insured to restore a certain amount each year for coverage limits lost due to previous claim payments.
Ana Rute Cardoso has written: 'The provision of wage insurance by the firm' -- subject(s): Unemployment Insurance
There are several companies that offer business insurance provision, such as AVIVA. Similarly, companies such as AXA and Hiscox also offer business insurance.
examples: "provide assistance on the Tax Provision Package and FAS 109"; "to complete a US GAAP Tax Provision package".
No. However, you may have provision in it that will pay for your premium if you are unable to work.
Probably not unless the insurance company decides to allow it or it was a provision in the life insurance policy. Normally, people are not able to collect on their life insurance policy until the insured dies.