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The sections of an insurance contract that limit coverage are typically referred to as "exclusions" or "limitations." These provisions outline specific situations, conditions, or types of damage that are not covered by the policy. Additionally, "endorsements" may modify the coverage, either adding or restricting certain terms. Understanding these sections is crucial for policyholders to know the full scope of their coverage.
What else can I help you with?
Can you insure breach of contract?
There are insurance programs offered that provide plaintiffs or defendants involved in contract suits insurance coverage after a litigation has been filed. The program is called Contract Litigation Insurance and was created by Sonoma Risk Insurance Agency.
A written insurance contact is called an insurance?
A written insurance contract is called an 'insurance policy.'
Can you choose which insurance is primary in a dual coverage situation?
In a dual coverage situation, the insurance that pays first is called the primary insurance.
What is home insurance?
Home Insurance is Insurance coverage for your house, condo or apartment for your personal property and liability coverage for you. The insurance coverage for your house is also called homeowners insurance. The Homeowners isurance is an insurance package that has coverage for the dwelling, the others structures on your property, Loss of Use, Medical Payments and Personal Liability.
What is a third medical insurance coverage called?
tertiary
Does at t wireless offer a no contract option for coverage?
ATT wireless does offer a no contract option for coverage. It is called "Go Phone". With this option you pay a monthly fee with no annual contract.
Is there homeloan term insurance?
It's called Mortgage Insurance, but it does not provide coverage for your home.
The person who is applying for insurance coverage is called?
The person applying for insurance coverage is called the "applicant." This individual seeks to obtain a policy from an insurance company, providing necessary information about themselves and the coverage they desire. If the application is approved, the applicant becomes the policyholder, responsible for paying premiums and maintaining the policy.
A written contract between an insured person and an insurance company?
It is called in insurance policy.
Can I get insurance with my learner's permit?
No. However, you can obtain coverage as a supplement ( called a rider ) to your parents' insurance policiy.
What is a risk that meets an insurance company's criteria for coverage called?
An acceptable prospect
What is the amount you or your employer pays in exchange for insurance coverage called?
The term is "premium".
