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How can misrepresentation or concealment prevent recovery under an insurance policy?
Misrepresentaion of a risk or concealment of a risk factor is legally considered fraud by the applicant. Misreprentation or concealment is an intentional attempt to obtain coverage or enduce an insurer to accept a risk that it may not have accepted or would otherwise have been rated differently should the applicant have been truthful from the beginning. An insurer is not required to pay losses incurred under a fraudulently obtained policy and could even result in criminal prosecution of the applicant.
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What three 3 conditions must be present in order for misrepresentation or concealment to prevent recovery under an insurance policy?
(1) The defendant made a false representation of a past or existing material fact susceptible of knowledge. (2) The defendant did so knowing the representation was false, or without knowing whether it was true or false. (3) The defendant intended to induce the plaintiff to act in reliance on that representation.
What three 3 things must be true in order for misrepresentation or concealment to prevent recovery under a policy?
I'll take a stab at it; 1) Knowingly/intentionally supplying wrong/incorrect or misleading information 2) to gain/aquire coverage/policy 3) Had the company known the correct/true information that would not have taken on the risk/insured/policy.
What are some alternatives to using a cat cone for my pet's recovery?
Some alternatives to using a cat cone for your pet's recovery include using a soft recovery collar, a recovery suit, or closely monitoring your pet to prevent them from licking or biting their wounds.
What are the implications of material facts to insurance?
A material fact is any fact that would reasonably influence an insurers underwriting decision on a policy, i.e.: would influence their decision whether to issue a policy or the premium for the policy. For example, if you apply for an automobile insurance policy and represent that you are accident and violation free, when in fact you were responsible for a DUI accident last year, your misrepresentation is considered material as the insurer would not have issued the policy if in possession of the facts. Conversely, if you insure a 2009 F-150 Black pickup truck when the vehicle is , in fact, a 2009 F-150 Green pickup, the misrepresentation is not material as it would not influence the decision to insure or the premium charged. The effect of a material misrepresentation varies by state. In the majority of states, known as increase in risk states, a material misrepresentation is grounds for recission of the policy, i.e.: the policy is declared void ab initio (from the beginning) effectively no policy ever existed and any intervening losses are uninsured. In a minority of states, known as contribute to risk states, the misrepresentation must actually contribute to a loss for the loss not to be covered, e.g.: you represent that a wood framed & sided building is fire resistant masonry construction and the building burns to the ground. Life insurance is treated similarly with the exception that policies are required to contain incontestability clauses which prevent recission after the passage of a period of time (typically two years).
What is recovery wadding?
Recovery wadding is a flame-resistant tissue paper placed in the tube of a model rocket before the recovery device and nosecone. Its purpose is to prevent the parachute or streamer from being burned / melted when the ejection charge goes off.
What are some alternatives to using a cat cone for post-surgery recovery?
Some alternatives to using a cat cone for post-surgery recovery include using a soft recovery collar, a recovery suit, or closely monitoring and restricting the cat's movements to prevent licking or scratching the surgical site.
How important is it to have accident insurance?
It is important to have accident insurance in order to be prepared for the unexpected. Having accident insurance will prevent major expenses but not all resulting in an accident.
What do you do if after reaching your PR rally point conditions prevent your rendezvous with recovery forces?
If after reaching your PR rally point, you find conditions prevent your rendezvous with recovery forces, your troops or group should proceed with the alternate recovery plan that should have been laid out while the recovery process was being discussed. This is called the Contingency Plan of Action, or CPA.
What are the advantages of having backup and disaster recovery schemes in place?
There are many advantages of having backup and disaster recovery schemes in place. The most obvious is that even if the system crashes, the backup and disaster recovery schemes will prevent one from total loss.
What is the best alternative to a cat cone for post-surgery recovery?
An inflatable collar or a soft recovery collar are good alternatives to a cat cone for post-surgery recovery. These options are more comfortable for the cat and can prevent them from licking or biting at their surgical site.
Where is sensor located in recovery tank?
Coolant is fluid that flows through a device in a vehicle to prevent overheating, The coolant level sensor is located on the bottom side of the coolant recovery tank.
Can you get car insurance in Georgia on a car that is not in your name?
No. You cannot insure a vehicle that you do not own. The only exception to this is in a family situation where a married couple has one vehicle in one name and the other vehicle in the other name. I always recommend that the insurance be listed in both names to prevent any problems and to allow both parties to make changes and sign documents. The fact is that you cannot insure something that you don't own because if the property is damaged you have no financial loss so the company cannot pay you and since they don't have a contract with the owner of the vehicle they can't pay them either. If you buy insurance on a vehicle you don't own then you have committed material misrepresentation on the insurance application and the insurance contract is null and void. Simply don't do it.
