These are dates used in claims made insurance.
Retro date - Policy covers any claim alleging facts occurring after this date
Prior & Pending Date: Covers all claims made after this date (no coverage for claims known at policy inception)
This may refer to the "Prior and Pending" litigation date in a Directors and Officers liability policy for a corporation. A new policy will not cover litigation that is either existing (prior to the effective date) or in the process of being filed (pending).
A policyholder is an individual or entity that has an insurance policy in place with an insurance company. The policyholder pays premiums to the insurance company in exchange for coverage and protection against specified risks outlined in the policy.
loss of tax treatment
You have to be either named or you have to fit the definition of a named insured on the policy.
A H09 insurance policy refers to a specific type of insurance policy within the insurance industry. However, without further context or details, it is difficult to provide a precise definition or explanation of what a H09 insurance policy specifically covers or entails. It is important to consult with an insurance professional or refer to the specific insurance provider's documentation to understand the coverage, terms, and conditions associated with a H09 insurance policy.
The definition of AXA Variable Annuity is a life insurance policy that give the option of market appreciation. It gives you a variety of investment options with your policy.
business was slow had a policy it ran out can i get new insurance with another company
The definition of term life is life insurance that provides coverage for a fixed period of time in your life. If you pass away during the term, your beneficiary will be granted with your life insurance amount based on your specific policy.
I'm not an authority on health insurance. But would think the same would apply (but please check), that if your policy were in effect on the 'date of loss' then coverage would apply.
If the policy was "pending cancellation" and had not yet cancelled there is no problem as far as coverage. If the policy was in effect at the date and time of the accident then the company will pay the claim. If it had already cancelled you are in serious trouble.
You will now have two claims pending. Additionally depending on the circumstances of the accidents and a fault determination you will likely be paying a "LOT" more for your insurance in future. You may also find your policy cancelled or non renewed by your current insurer and may have difficulty finding a new insurance company that is willing to accept you.
Yes. Unexpired insurance, or prepaid insurance, represents value to the business since it has utility and is owned by the business (the company has claim to the policy). Therefore by definition, unexpired insurance is an asset.