4insure

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• Limits (Insurance)
• Licensed (Insurance)
• Liability

Limits (Insurance) Posted: 05 Mar 2012 09:40 AM PST In the United States, auto insurance limits are the pre-defined limits of the liability responsibility set in financial terms (dollar amounts) that the insurer will pay in the event of a claim. These limits will be laid out in the contract between the insurance company and the policy holder. The insurer will set limits on [...] Post from: 4insure Limits (Insurance)

Licensed (Insurance) Posted: 05 Mar 2012 09:35 AM PST In the United States it is mandatory for people working in the insurance industry to obtain a license before they begin to practice selling insurance. The requirements of each state for licensing are different and an insurance professional who is qualified to offer insurance advice in one state may not be able to offer the [...] Post from: 4insure Licensed (Insurance)

Liability Posted: 05 Mar 2012 09:32 AM PST A liability in insurance terms is something that can hinder or place a group or individual at disadvantage or alternatively it indicates the responsibility for something that has happened or might happen in the future. A liability can be enforced legally and is normally set out in contractual agreements between an insurer and the insured [...] Post from: 4insure Liability

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