4insure |
| Posted: 12 Mar 2012 01:32 PM PDT In most cases when you take out an insurance policy that covers property in the United States, the insurance will not cover the purchase of a brand new item to replace a battered old one. It will instead award you a benefit equal to the replacement cost of the item. The replacement cost is the [...] Post from: 4insure |
| Posted: 12 Mar 2012 01:31 PM PDT If you have an auto insurance policy in the United States it is possible that you will have a contractual clause that entitles you or a 3rd party to reimbursement for the hire of a rental car for a period during which your car or their car is undergoing repairs as a result of an [...] Post from: 4insure |
| Posted: 12 Mar 2012 01:30 PM PDT A policy renewal is simply the continuation of set and terms and conditions under an existing policy, in a similar policy usually but not always with an increase in premium to accompany the renewal. In US auto insurance policies it is common for policies to automatically renew unless the policy holder informs their insurance company [...] Post from: 4insure |
| Posted: 12 Mar 2012 01:29 PM PDT Reinsurance is commonly used by insurance companies to offset the risk of major insurance risks on large policies, it works by either combining insurance offerings from many companies or for one insurer to take the whole risk and then sell on the risk to one or more other companies in the form of additional insurance [...] Post from: 4insure |
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