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What else can I help you with?
What would best describe the insurer's liability for losses arising from military service?
The insurers's liability may be reduced or excluded. The provision on war, military and aviation risk allows the insurer to reduce or exclude liability for losses resulting from war, military or naval service, and aviation.
According to the FASB's conceptual framework earnings?
Exclude certain gains and losses that are included in comprehensive income
From what activities do insurance companies generate revenue?
insurers may derive revenues, or losses, both from collecting premiums on insurance and from investment income.
Who is covered under Texas workers comp?
Workers compensation provides coverage for losses resulting from injuries on the job.
What is it call when The legal responsibility for the financial cost of another person's losses or injuries?
The term you are surching for, if I am not mistaken, is liability.
What e.a.e.l stand for in insurance?
E.A.E.L. in insurance stands for "Excess of Loss Insurance." It refers to a type of reinsurance that provides coverage for losses that exceed a certain amount, protecting the insurer from large claims. This arrangement helps insurers manage risk by limiting their exposure to severe losses.
How much can you sue for a hit and run?
As in any law suit. You are allowed to sue for the amount of your losses, including damages and injuries.
Does the insurance company own the car after it is totaled?
You can put in an offer to buy the written off vehicle from the Insurers if you want to repair it yourself. A write off is beyond economical repair, meaning it costs more than the car is worth to fix it. It doesn't mean it cannot be repaired. There are different categories of scrapped vehicles, D, C etc. The Insurers sell the written off cars on to scrap merchants or motor traders to recoup their losses. You are perfectly entitled to buy the car back yourself for a nominal price. If the Insurers are settling your claim and giving you a settlement to get a replacement car, the damged vehicle does in effect belong to the Insurers. Hope this helps, I worked in insurance for 10 years.
Is damages a remedy at law?
Yes, damages are a common remedy at law. Damages typically involve the payment of money by the party found liable for losses or injuries suffered by another party. They aim to compensate the injured party for their losses and can be awarded in various types of legal cases, such as contract disputes and personal injury claims.
What are the implications if you are unknowingly dual insured and wish to export the vehicle from the EU to the UK?
There are no bad implications at all unless you try to seek compensation from both insurers in the event of a loss, taht would be a felony. It is common for people to sometimes find themselves over insured or double insured. Should a loss occur during this time the best thing to do is be honest with both insurers, explain what happened and how it happened. The two insurers would work it out for you. If you have suffered no losses, then just pick whichever insurance you prefer to keep and cancel the other policy, otherwise your wasting your money.
How does one go about getting compensation for a road traffic accident?
When in a road traffic accident the person is able to claim compensation for losses or injuries caused by the accident. The person is also able to ask for compensation for financial losses, which would be, for example, that he/she was late for work because of this accident.
Does homeowners insruance pay for loss of frozen food?
No, homeowners insurance does not cover food losses due to the failure or outage of a public utility conveyance.All home insurance policies specifically exclude conveyance related damages
