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There can be various types of agreement for an insurance policy, which would operate to smooth the path of contribution settlements. A typical agreement can be in relation to injuries suffered by employees being carried by the employer's vehicle in course of their employment.

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15y ago

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What does agreement to furnish insurance policy?

Insurance is a contract or agreement providing for payment of a sum of money to the person assured or, failing him, to the person entitled to receive the same, on the happening of certain event. This agreement is the very basis or foundation of an insurance policy bond.


Can you eliminate mortgage insurance from your loan agreement?

Yes, you can eliminate mortgage insurance from your loan agreement by making a down payment of at least 20 of the home's purchase price. This will typically allow you to avoid the need for mortgage insurance.


What is A written agreement in which an insurer authorizes a producer to sell insurance policies for it?

A written agreement in which an insurer authorizes a producer to sell insurance policies for it is known as an insurance agency agreement or producer agreement. This contract outlines the terms of the relationship, including the producer's rights and responsibilities, commission structures, and the scope of authority granted by the insurer. It serves to formalize the partnership and ensure compliance with regulatory standards.


Is it lawful for a landlord to have tenant take out insurance for damages due to weather?

If you agreed to take out a certain kind of insurance in your rental agreement, then you must purchase such insurance. However, this requirement must be specifically stated in your rental agreement; otherwise, it cannot be enforced.


What is the importance of contract to insurance?

A contract binds both parties to the agreement.


How can you change a signed auto insurance settlement?

You don't. A signed settlement is a legal binding agreement between you and the insurance company.


If the insurance does not sufficiently cover the cost of your car who should you go after in small claims court?

It depends on who caused the damage, and what the agreement with insurance is.


What is the difference between credit guarantee and credit insurance?

Insurance is a direct agreement between insurance provider and policy holder.When you purchase insurance, you pay premiums to keep coverage in force.In turn, insurance broker promises you to provide financial compensation in an event of loss or damage. A guarantee involves indirect agreement between beneficiary and third party along with primary agreement with principal and beneficiary.It is a promise of performance to a beneficiary in the event that the person who would normally provide a service fails to do so.


Is there a limit to how much building and contents insurance covers?

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Does an insurance payment extend the statute of limitations in Wisconsin?

If it deals with the validity of the insurance agreement, yes. If it is related to a claim made by someone else, no.


What happens if your ex wife is still using your health insurance after the divorce and you are not responsible per your agreement for her health insurance?

Contact your insurance company and let them know IMMEDIATELY !!!! Are you paying premiums for her?