0
What else can I help you with?
The Federal Deposit Insurance Corporation insures bank deposits up to per deposit?
$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."
Are mutual funds insured Are municipal bonds insured?
Neither Mutual funds nor municipal bonds are insured. You can however purchase insurance on them
How much money is insured in the bank?
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 fdic insured?
are mutual saving banks be FDIC insured
Are all US banks FDIC insured?
All us banks are not FDIC insured, however most banks that are competing effectively for business are usually FDIC insured.
What is the average charge for a plumbing service call?
No less then $150 if they are licensed and insured
CAN YOU ADD AN ADDITIONAL INSURED ON A WORKMAN'S COMP POLICY?
No, you typically cannot add an additional insured to a workers' compensation policy. Workers' compensation insurance is designed to cover employees of the policyholder for work-related injuries, and adding an additional insured would not align with the purpose of the coverage. However, contractors or businesses may require subcontractors to provide their own workers' compensation coverage and might request proof of this coverage instead.
What is first tier subcontractors?
First-tier subcontractors are companies or individuals that have a direct contractual relationship with a primary contractor on a project. They are responsible for carrying out specific tasks or providing services that contribute to the overall completion of a project. These subcontractors often manage their own workforce and may also hire additional subcontractors, known as second-tier subcontractors, to assist with specialized tasks. In this hierarchy, first-tier subcontractors play a crucial role in executing the project efficiently and effectively.
What are the insurance requirements for subcontractors working on this project?
Subcontractors working on this project are required to have liability insurance and workers' compensation insurance.
If you were hired by an individual to hire subcontractors for a large project and are getting paid just like the subcontractors and the owner is paying all of the subcontractors are you liable at all?
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.
Which collective unit is in charge of large building projects?
A construction company or a general contractor is typically in charge of managing and overseeing large building projects. They are responsible for coordinating the various aspects of the project, including hiring subcontractors, securing permits, and ensuring that the work is completed on time and within budget.
Is a company required to carry workman's compensation insurance on subcontractors?
A company is required to carry workman's compensation insurance on subcontractors. This is regardless of the number of employees a subcontractor employs.
How does a letter of sobrogation apply to a construction project?
A letter of subrogation in a construction project allows an insurance company to step into the shoes of the insured party (often the contractor or property owner) to pursue claims against third parties responsible for a loss. This typically occurs after the insurer has compensated the insured for damages related to construction defects or accidents. By obtaining a letter of subrogation, the insurer can seek reimbursement from parties at fault, thereby protecting their financial interests and potentially reducing the costs for the insured. This mechanism encourages accountability among contractors and subcontractors in the construction industry.
Insured vs Insured Professional Liability?
The insured and the insured professional are one and the same.
Will liability insurance pay on a stunt driving charge?
Absolutely not, your liability insurance does not cover the costs associated with willful criminal acts of the insured.
How can a homeowner make sure a roofing contractor pays the subcontractors so that there is no lien placed on the home?
This is very simple. All you need to do is make all checks for payment to the roofing contractor payable to BOTH the roofing contractor as well as any subcontractors or suppliers working on your home. That way, the subcontractors are paid. Another, more complicated method is to have all subcontractors sign lien releases. Lien release forms are available in "Do-it-yourself" forms packages in office supply stores or online. A more accurate, state specific form can be obtained from a real estate attorney in your area.
Are teens automatically insured to parents car?
They are insured as passengers they are not insured to drive it
