The insuring clause is found on what page

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August undefined, 2024

WebIn insurance: Liability insurance One is the insuring clause, in which the insurer agrees to pay on behalf of the insured all sums that the insured shall become legally obligated to … WebAn insuring clause is a part of insurance policies that defines how much risk will be taken on by the insurance company. Basics of an Insuring Clause Insurers take on a certain …

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WebA) The insurer must prove fraud to be relieved from making payments. B) The insurer must refund the excess premiums Hank paid after his 70th birthday. C) The insurer pays what the premiums would have purchased at the correct age. D) The insurer must pay the claim, and then cancel the contract. Answer B is correct. Webinsurer relating to appraisal or to any examination provided for in this policy. G.S. 58-44-16 Page 3 (10) Cancellation of policy. – This policy shall be cancelled at any time at the request of the insured, in which case this insurer shall, upon demand and surrender of this policy, refund the excess of paid premium above any short ... installare tinfoil switch

What is an Insuring Clause? - Definition from …

WebJan 8, 2024 · answered • expert verified "The insuring clause is found": A In front of a copy of the paramedical exam results B On the first page of the policy C Right before the copy … WebBusiness interruption expenses due to fire. A fire that is a result of a riot that causes property damage to the insured's property. Rush is covered under a Standard Fire policy and suffers a loss to his home and personal property. The limit of liability listed on the policy itself is $120,000. The ACV of his loss is $55,000. WebApr 12, 2024 · insuring clause noun : a clause in an insurance policy that sets out the risk assumed by the insurer or defines the scope of the coverage afforded Dictionary Entries … jewish fraternity list

"The insuring clause is found": - Brainly.com

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Web(ĭn-sho͝or′) v. in·sured, in·sur·ing, in·sures v.tr. 1. a. To provide or arrange insurance for: a company that insures homeowners and businesses. b. To acquire or have insurance for: insured herself against losses; insured his car for theft. 2. To make sure, certain, or secure. See Usage Note at assure. v.intr. To buy or sell insurance. WebThe insuring clause states the party to be covered by the life contract and names the beneficiary who will receive the policy proceeds in the event of the insureds death. If no … installare thunderbird su windows 11WebThe ABC Corporation has $100,000 of coverage on its building through insurance Company A, and $50,000 of indentical coverage on the same building through insurance Company B. Assuming coinsurance is not an issue, when a $24,000 loss occurs and the pro rata method is used, how much will each insurer pay? installare toner brother

"WebC. Insuring clause *The insuring clause is a provision on the first page of the policy that states the coverage and when it applies Which of the following does the Insuring Clause NOT specify? A. The insurance company B. The name of the insured C. The list of available doctors D. Covered perils C. " - The insuring clause is found on what page

The insuring clause is found on what page

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WebInsurance clauses are used whenever parties are taking on insurable risks. They can prevent disastrous business consequences in the future. Types of Insurance Clauses There are … While the declarations page gives a useful summary, you probably want to know what your policy covers in more detail. Look to the insuring agreement section for a statement of the coverage provided and be aware that each type of coverage will have its own agreement. If you purchase an auto policy with … See more Insuring agreements are usually brief, concise, and "pursuant to the terms of the policy." That last part alludes to the other provisions, which will include exclusions to … See more As you're reading your policy, you'll come across terms and phrases you may or may not recognize. Additionally, many everyday words take on legal meaning in … See more Reading an insurance policy takes time, patience, and focus. It's natural to want to skim over it, but you can gain a better understanding of your policy if you give it … See more

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Webinsured, insurer, insurgence, insurgency, insurgent, insuring clause, insurmountable, insurrection, insurrectionary, insurrectionize, insusceptible. Dictionary.com Unabridged … WebThe insuring clause states the very purpose of the life policy; it outlines the conditions under which the policy will pay. If the insured dies, the insurer promises to pay the beneficiary the death benefit as laid out in the policy. It contains the face value of the policy, the insured's name, and the name of the insurer.

WebThe insured, as often as may be reasonably required, shall exhibit to any person designated by this Company all that remains of any property herein described, and submit to examinations under oath by any person named by this Company, and subscribe the same; and, as often as may be reasonably required, shall produce for examination all books of … WebAn insuring agreement is that portion of the insurance policy in which the insurer promises to make payment to or on behalf of the insured. On This Page Additional Information The …

WebInsuring Agreement. In return for receiving Your payment of premium when due, We will provide insurance for Your Pet (s) as detailed in the Policy terms and conditions. This … WebDec 20, 2009 · Insuring Clause 1, or Side A as it later became known, provided personal financial protection to the corporation’s directors and officers when the company could not indemnify the individuals....

WebJan 12, 2024 · The types of insurance required by a given insurance clause will depend on a variety of factors, including: (i) the nature of the business relationship, (ii) the aims of the parties, (iii) any property that may be involved in the arrangement, and (iv) the liability risk assumed by one or more parties under the agreement (e.g., through …

jewish free loan association nyWebOne is the insuring clause, in which the insurer agrees to pay on behalf of the insured all sums that the insured shall become legally obligated to pay as damages because of bodily injury, sickness or disease, wrongful death, or injury to another person’s property. jewish free kindle booksWebThe health and disability clauses include the following conditions: an insuring clause, free look provision, consideration clause, probationary period, and elimination or waiting period. The... jewish fraternal organization brith