0
Insurance is a contract in which one party, known as the insurer, agrees to provide financial protection to another party, the insured, against specific risks or losses. This protection typically covers events such as accidents, illnesses, property damage, or liability claims. By paying a premium, the insured seeks to mitigate the financial impact of these unforeseen events, ensuring a level of security and peace of mind.
What else can I help you with?
Which insurance companies would one seek if wanting more than home insurance?
One may contact a variety of companies depending on the insurance required. For health insurance consider companies such as Bupa and PruHealth. For automobile insurance consider companies such as Tesco or Churchill. For buildings and contents insurance one may consider companies such as Royal Bank of Scotland and Axa. One may also visit the 'MoneySupermarket' website to find further information on varieties of insurance and the best companies to visit for quotations.
What is subrogation?
Subrogation is a legal process that allows an insurance company to pursue a third party that caused an insurance loss to recover the amount it paid to the insured. Essentially, after compensating the policyholder for their loss, the insurer gains the right to step into the shoes of the insured and seek reimbursement from the responsible party. This process helps insurers mitigate their losses and can lead to lower premiums for policyholders. Subrogation is commonly seen in auto, property, and health insurance claims.
If a proerty has a flying freehold attached to it what does that mean to the puchacer of the property?
A flying freehold refers to a portion of a property that extends over or under another property, lacking direct ground support. For a purchaser, this can introduce complexities, as it may affect financing, insurance, and future resale opportunities. Additionally, the buyer may need to navigate rights and responsibilities concerning the neighboring property. It's essential for potential buyers to understand these implications and possibly seek legal advice before proceeding.
A firm that does not seek to make money is a?
charity
A firm that does not seek to make money is a what?
Not-for-profit organization
What is a declaratory decree?
what is a declaratory decree/judgment? pretty sure they are the similar things ----For example, a party to a contract may seek the legal interpretation of a contract to determine the parties' rights, or an insured may seek a determination of insurance coverage under a policy. In a will contest, a party may seek a declaratory judgment to determine who is entitled to inherit under the will or to define what part of an estate a beneficiary is entitled to receive.For example, a party to a contract may seek the legal interpretation of a contract to determine the parties' rights, or an insured may seek a determination of insurance coverage under a policy. In a will contest, a party may seek a declaratory judgment to determine who is entitled to inherit under the will or to define what part of an estate a beneficiary is entitled to receive.(Source)http://definitions.uslegal.com/d/declaratory-judgment/
Can you apply a lien against an apartment for work that was done?
Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.Yes. You can if you have a contract with the owner of the property. You should seek legal advice.
How do you transfer contract from one company to another?
To transfer a contract from one company to another, both parties need to agree to the transfer in writing. The original contract may need to be amended to reflect the change in ownership or terms. It's important to review the contract and seek legal advice to ensure a smooth and legally binding transfer.
How do I figure out which auto insurance provider has the best rates and service?
The only auto insurance I can think of that might have these testimonials you seek is allstate. Another choice could be AAA. Boths places are very popular.
Where can you seek help for medical insurance issues?
Call the Insurance Comissioner in the state that you live.
What rights do an employee have if their company deducted insurance premiums from their pay but failed to pay the insurance premiums to the insurance company and the insurance was canceled?
Seek an Attorney.
can i be sued for not letting a contractor do the job after a insurance settlement. there is no signed contract, but he said because he came out when the adjusters made their final evaluations of my home, but there was also another contractor present also?
If you filed an insurance claim on the claim that you would use the money to make repairs and then don't do the repairs, this could be considered fraud. If that was important to the insurance company, they would not have issued the check in your name only.
Does a breach of contract make the contract null and void?
A breach of contract does not automatically make the contract null and void. The non-breaching party can choose to enforce the contract, seek damages for the breach, or terminate the contract depending on the circumstances and terms of the agreement.
What legal recourse can a party seek through injunctive relief in the case of a breach of contract?
In the case of a breach of contract, a party can seek injunctive relief as a legal recourse. This means they can ask the court to order the breaching party to stop or refrain from certain actions specified in the contract.
Can a nursing home owner seek reimbursement from medicare for insurance premiums paid for laibility insurance?
No, Medicare does not reimburse liability insurance premiums.
What if employer offer one employee insurance and not all?
Under the new health care act, all employers are required to offer health insurance to their full time employees. If the employees are not full time and do not qualify to be covered under their employer's policy, they must seek another form of insurance.
Is travel insurance useful or not?
Travel insurance is very useful since the possibility of unpredictable events happening is really high. When you're going to another country, if you get sick, you don't have healthcare covering you in that country. That is very insurance comes in handy, so you can go seek appropriate medical attention.
