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Search Results - Indemnity

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Showing 1 to 25 of 491 Articles matching 'Indemnity' in related articles.
Pages: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | Next >>

1. Insurance in the waste management industry
April 23, 2017

The waste management industry may include bin collectors, skip hire contractors, recycling stations, and even waste transfer stations. If you are in this line of business you know that the industry is saturated with a heavy load expenses. It is important that you know your expenses the liabilities you have as well as what options you have to cover them. Obtaining the appropriate insurance coverage is one of the best things an owner in this industry can do in order to guarantee the success of their future isn't disrupted by a lawsuit or some other liability. Professional Indemnity insuranc... (read more)

Author: Innes Donaldson

2. Insurance and Driving Licences for Courier Workers
February 04, 2016

Most responsible people who make a living from courier work will have a number of forms of insurance protection. Some of those may be mandatory (such as third-party vehicle cover) but other components might be highly advisable for your own protection – such as carriage of goods cover and professional indemnity protection. Yet it might be easier than you think to put that cover at risk. A Basic Tenant of Insurance It’s often missed that many insurance policies can become invalid (thereby offering little to no cover) under one of four general circumstances: • You failed t... (read more)

Author: Laura Jeeves

3. What all do you really need to learn of a subject insurance that is industrial?
December 15, 2015

Commercial identify insurance is significantly diffent from other plans in a number of ways.Property insurance defends the dog owner from fire, thieves, or different incidents that hurt the house while a subject insurance protects an organization against any type of name dilemmas, disorders along with liens.It furthermore help to safeguard property property. What is professional title insurance Professional title insurance is definitely an indemnity insurance that ensures against all kinds of economic loss on account of defects in the subject and property.It is specially-designed for... (read more)

Author: Mark Well

4. Precisely what Folks have to Fear relating to the Ebola Strain
November 17, 2014

The Ebola virus continues to be in the headlines on a virtually constant basis recently, and as anticipated with that which causes panic among the populace many people and organizations that ought to be acting sensibly want to profit from the situation. News organizations are reporting on this "major happening" nonstop, holding their audience on the edge of their seat. Pharmaceutical drug firms are readying a vaccine, with the proviso, naturally that they have indemnity from any legal actions which may arise from their vaccine. And any politician who would like to have a calculated, careful st... (read more)

Author: Jim O'Connell

5. Why Should You Purchase Title Insurance?
June 25, 2014

Title insurance is, simply put, indemnity insurance that protects its purchaser from any defects in a title to real property, or real estate, and from mortgage loans that become invalid or unenforceable. An indemnity is an amount of money, which paid from one party to another as a way to compensate one of the two parties for a financial loss. This is paid by one of the parties, even if they are not responsible for whatever loss has taken place. An indemnity can be paid in many forms, including cash payments, replacement, reinstatement, and repairs. Essentially, when an indemnity is paid it is ... (read more)

Author: Andrew Stratton

6. How to Save Money on Title Insurance Fees
December 10, 2013

Like other types of liability coverage, title insurance is a form of indemnity that insures land and property owners against financial loss stemming from defects in titles to real property and the invalidity or unenforceability of mortgage liens because of these defects. It will protect an owner or lender against lawsuits based on these defects. It will also reimburse the insured party for any financial loss that he or she has incurred, up to the dollar amount of coverage provided by the policy. This type of coverage is mostly found in the United States, but is available in other countries as ... (read more)

Author: Andrew Stratton

7. Some questions to consider when considering sum insured
November 15, 2013

• In a worst-case scenario, if something went wrong, what would be the financial loss to third parties? • What is the potential for bodily injury claims, and even multiple injuries? • What is the potential for consequential economic loss to any third party? • What is the potential for multiple claims in any one policy year? • What is the level of potential legal and investigation costs which may be incurred by a successful claimant or claimants over the life of the claim? • What is the level of potential defence and investigation costs incurred by or on the insured’s b... (read more)

Author: Amanda Smith

8. Bodily Injury and/or Property Damage Exclusions in Professional Indemnity Policies
November 15, 2013

Making sure that your insurance policy covers you adequately, particularly in the event that a claim is made against your professional services, is extremely important. This involves reading the terms and conditions, so you understand the extent of your policy coverage, and its limitations/exclusions. A major exclusion to look out for in Professional Indemnity Insurance policies is Bodily Injury and/or Property Damage Exclusions. For the professions that don’t have much risk in this area, there is no reason for an exclusion to be under the policy. However, you must keep in mind that ... (read more)

Author: Amanda Smith

9. Policy Features and Claim Examples
November 15, 2013

1. Breach of Confidentiality Covers a failure to preserve the confidentiality of information acquired during professional appointment and where the confidential information is used to the detriment of the client. Example: A weight loss consultant who posts images of a high profile client’s “before” and “after” photos in their underwear on the Internet, is sued for future loss of earnings. 2. Breach of Duty Covers any breach of duty (including breach of duty of confidentiality), in the provision by the policyholder of the professional services stated in the policy schedule.... (read more)

Author: Amanda Smith

10. What is Run Off Cover?
November 01, 2013

If a policyholder chooses to sell his/her business and/or retire, Run off Cover may be purchased. It provides indemnify to the policyholder for any unknown claims and/or circumstances that may arise whilst the policyholder was still in business and during the period of Run off Insurance, (after the specified retroactive date and before the run-off date). The cover only provides cover for prior activities and does not cover any future activities after the run off date. Run Off Cover policies are commonly offered and reviewed from year to year, however, insurers nowadays are increasingly a... (read more)

Author: Amanda Smith

11. Indemnity Insurance
October 30, 2013

files a lawful situation against your organization or you because of an error that was created, the Expert indemnity insurance plan is a exclusively designed insurance plan plan which is estimated to secure all the self experts from any type of indictment or accusations created by their customers, workers or any other third party. The professional indemnity can secure security officers you in any type of situations registered against you and will also help you in working with these lawful law situations. Any type of situations can be harming your organization economically and also it can harm ... (read more)

Author: julia vig

12. Professional Indemnity Insurance
October 30, 2013

Professional Indemnity Insurance strategy is not something which is required by all in general for all the entrepreneurs, but it more the businesses which includes risky in it for its workers and company. A good insurance strategy will works as a protection protect for you and your company, even for your clients as well because with the right kind of insurance you get the sense of proper security around. Professional Indemnity Insurance strategy is important for the people in sectors or company such as Attorneys, surveyors, economical experts, and especially bookkeeping firms. Even the exper... (read more)

Author: julia vig

13. Notification of Known Circumstances
October 29, 2013

Notifying Circumstances It is important to notify to your insurer all circumstances that may give rise to a claim during the policy period. If the Policyholder wants to change insurers, it is important to avoid having a known circumstance with the new insurer as it will not be accepted by the new insurer. If a claim eventuates from the notified circumstance, the insurer cannot deny indemnity, despite the fact that the claim arose outside the period of insurance. Failure to notify If an Policyholder fails to notify of a known circumstance, they risk the claim being deni... (read more)

Author: Amanda Smith

14. Continuous Cover
October 29, 2013

How does Continuous Cover work? Continuous Cover provides cover for a claim arising out of a known circumstance that should have been notified to the insurer in a prior policy period providing that the following points are taken into account: • The current insurer was the insurer at the time the policyholder first became aware of the matter • Continuous Cover was held with the insurer • If the insurer had been notified of a circumstance, the policyholder would have been covered under the policy in force at that time, and the policyholder notwithstan... (read more)

Author: Amanda Smith

15. Occurrence vs Claims Made Policies
October 22, 2013

CLAIMS MADE CONTRACTS Claims made coverage is operative only if a claim is made in the policy period and provides indemnity for claims that occurred during or prior to the period of insurance up to the retroactive date of the policy (and the insured had no prior knowledge of the incident/circumstance prior to the period of insurance). In a Claims Made contract the policy must be in force: • on the date you become aware of a claim or potential claim, and • when you inform the insurer of a claim or potential claim. The act, error or omission that causes the loss can occur a... (read more)

Author: Amanda Smith

16. Why it's not safe to provide a Professional Service to your clients provides without P.I Insurance
October 18, 2013

As a professional you are putting yourself out there. You are providing a service to the public. You are also human and mistakes do happen. In the event that you, or one of your employees unintentionally makes an error, or have an omission in your work and you could be held liable for in the event your client or third party suffers a financial loss. Even if you think this is something that is not possible for you, the truth that it is no business is immune. Things do happen and generally when you least expect it. Professional indemnity insurance provides protection for awards and d... (read more)

Author: Amanda Smith

17. Personal Accident - Reducing Accident Trauma with Financial Cover
October 16, 2013

Do you have a Personal Accident policy cover? If not, think seriously about getting one. Though one would hope to never have to use this benefit, life is full of uncertainties and one never knows how and where an accident may take place causing bodily harm. This insurance policy is one that covers permanent total disablement, permanent partial disablement, temporary total disablement, accidental death and double indemnity for permanent total disability and accidental death. Some people may feel that by taking out an insurance policy as above they are ‘inviting’ an accident to happen. Tha... (read more)

Author: Kirti Saxena

18. When should a Retail Business that sells Products to consumers consider Professional Indemnity Insu
October 16, 2013

It is important to firstly explain the coverage provided by each of these policies. These policies do not overlap or provide dual cover. We have summarised an overview of common policy feature provided by each of these policies. However, each insurance company has their own policy wording. This means that coverage can vary considerably from one insurer to another, and the following overview provides only a common outline of policy features. It is important that you compare each policy based on the appropriateness of cover for your individual business needs and seek professional advice. P... (read more)

Author: Amanda Smith

19. What is Professional Indemnity Insurance?
October 15, 2013

Professional Indemnity Insurance is essential protection for professional consultants who provide a service for a fee. It provides indemnity for claims brought against the insured for financial loss, injury or damage arising from a breach (or an alleged breach) of professional duty in the course of conducting business and aims to protect the company’s position and assets in the event of a claim so that they are able to carry on their business. Policy Cover and Features Professional Indemnity Insurance aims to provide protection for: • Settlements, compensation and/or damages aw... (read more)

Author: Amanda Smith

20. Get the insurance programs from the leading service provider
October 09, 2013

In the present scenario, there are so many companies that have been established with the aim of providing insurance to their clients. Today, different types of insurance plans are available to meet the needs of individuals. With the help of these companies, people can easily find out the best indemnity programs that fulfill their personal or commercial need. Everyone understands the role of indemnity in their life. It will be important for every person to get indemnity programs in order to get security from different unexpected happenings. It is important to get coverage policy policies from t... (read more)

Author: prasant tbs

21. Contractors Liability Insurance Policy to protect your Business
October 08, 2013

There are innumerable professional organizations that offer wide range of insurance and coverage. The contractors liability insurance Los Angeles agencies offer a low cost program specifically designed for service provider in California. They even customize these policies accordingly to meet all your specific business indemnity needs. Generally, there are some very popular independent organizations that are not owned by any indemnity company. They have been providing excellent service from many years and are favorite options by small or large business owners. With their experience they ha... (read more)

Author: Thomas Lee

22. Fundamental Kinds Of Health plan
October 04, 2013

Healthcare insurance can be perplexing even for those who have some experience with it. For those who are new to it, it can be downright unfathomable. A great place to begin finding out more about the issues behind healthcare insurance is with the fundamentals. There are, generally, two kinds of healthcare insurance coverage: indemnity and managed care which is typically referred to as HMO. Indemnity healthcare insurance coverage is also known as "fee-for-service". This kind of insurance will offer the most flexibility since it permits you to pick your very own physician, clinics, ... (read more)

Author: Emanuel Arriola

23. Insurance Agent Recruiting Firms Clearing Things About Indemnity
October 03, 2013

It is important to clear views aptly. People who work in indemnity companies are always safe from big troubles of life. They offer indemnity policies at frugal rates. They are aware that people do not have a favorable attitude towards indemnity. Therefore, they inform people about intricate aspects of this subject. Customers do not have any idea about legal ramifications involved in this subject (indemnity). It is important to stay safe from misfortunes and hardships in life. Something should cover you from these difficulties and losses. Insurance agent recruiting firms and professionals ... (read more)

Author: advisor databases

24. Standard Life And Their Insurance Plans
September 27, 2013

Instead, by purchasing life insurance through an Ontario broker, you get to know all of the perks offered by all of the different companies that brokerage works with. Lots of farmers ensure their farm with the companies offering this type of indemnity and feel relaxed. If you have a very good health record (backed by your family's above-average health record), you may be awarded preferred rates. The other difference is that Critical Illness claim fulfillment is not dependent on your ability to perform work and the premiums are most likely going to remain level for 10 years, 20 years or to ... (read more)

Author: adelaida maritsa

25. Agents Insurance Marketing Folks Know All Bizzare Situations
September 26, 2013

One bizzare situation for indemnity Things become nothing less than a bizzare situation, if it is an indemnity case. Once a person had a mobile phone that broke. He said that it got broken, owing to a cow that sat on it. He had a big farm and a lot of cows. Things will get bizzare in life. Such unusual accidents are funny. However, they cause serious problems to people. No one will believe this case. Such things happen. It is difficult to convince policy companies that such a thing has happened. Most of these professionals will not believe it. They need legal proof. Matters of indemnity (... (read more)

Author: advisor databases

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