Here are the best information about What is the insured voted by readers and compiled and edited by our team, let’s find out
1 Insurance Contract Act 2008 – Gesetze im Internet
- Author: gesetze-im-internet.de
- Published Date: 10/18/2021
- Review: 4.82 (618 vote)
- Summary: If the policyholder knows when submitting his contractual acceptance that an insured event has already occurred, the insurer shall not be obligated to effect
- Matching search results: (2) The policyholder may request that instead of an increase in the premium in accordance with subsection (1), the insurance benefit be reduced accordingly. In the case of an insurance free of premium (fully paid-up insurance), the insurer shall be …
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2 Who is the insured? – SyPpT – Seguros y pensiones para todos
- Author: segurosypensionesparatodos.fundacionmapfre.org
- Published Date: 12/24/2021
- Review: 4.6 (582 vote)
- Summary: When an asset is insured, the insured must take care of it, protect it and take the necessary precautions to avoid a claim. When the asset suffers damage, they
- Matching search results: (2) The policyholder may request that instead of an increase in the premium in accordance with subsection (1), the insurance benefit be reduced accordingly. In the case of an insurance free of premium (fully paid-up insurance), the insurer shall be …
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3 What is an Insured? | Definitions + Examples | Square One
- Author: squareone.ca
- Published Date: 11/07/2021
- Review: 4.46 (418 vote)
- Summary: In insurance, the insured is the person or business that is covered by an insurance policy. One policy can (and usually does) cover multiple insureds
- Matching search results: (2) The policyholder may request that instead of an increase in the premium in accordance with subsection (1), the insurance benefit be reduced accordingly. In the case of an insurance free of premium (fully paid-up insurance), the insurer shall be …
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4 Life Insurance Definition & Meaning | ICICI Prulife
- Author: iciciprulife.com
- Published Date: 07/23/2022
- Review: 4.26 (353 vote)
- Summary: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in
- Matching search results: (2) The policyholder may request that instead of an increase in the premium in accordance with subsection (1), the insurance benefit be reduced accordingly. In the case of an insurance free of premium (fully paid-up insurance), the insurer shall be …
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5 What Is an Insured in Business Insurance? | Insureon
- Author: insureon.com
- Published Date: 08/27/2022
- Review: 4.1 (573 vote)
- Summary: · An insured is the person or business entity that receives financial support or other benefits after an insurance claim. What is an insured?
- Matching search results: (2) The policyholder may request that instead of an increase in the premium in accordance with subsection (1), the insurance benefit be reduced accordingly. In the case of an insurance free of premium (fully paid-up insurance), the insurer shall be …
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6 Who is the Insurer and Insured?
- Author: canarahsbclife.com
- Published Date: 09/30/2021
- Review: 3.91 (384 vote)
- Summary: Insurer and insured, both are the parties involved in an insurance contract. Insurer is a company or a party that provides you with insurance
- Matching search results: Reinsurance companies or reinsurers insure the insurance companies. Reinsurers participate in protecting insurers from the risks which are too large for them to cover individually. Insurers can underwrite more and bigger proposals with the help of …
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7 Glossary – Understand Insurance
- Author: understandinsurance.com.au
- Published Date: 01/09/2022
- Review: 3.63 (412 vote)
- Summary: They help insurance companies design insurance cover, and advise them on the level of financial reserves needed to meet claims. Back to top. Assessor. Also
- Matching search results: Reinsurance companies or reinsurers insure the insurance companies. Reinsurers participate in protecting insurers from the risks which are too large for them to cover individually. Insurers can underwrite more and bigger proposals with the help of …
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8 What Is Insurance? – Investopedia
- Author: investopedia.com
- Published Date: 10/08/2021
- Review: 3.39 (365 vote)
- Summary: Insurance is a contract in which an insurer indemnifies another against losses from specific contingencies or perils. It helps to protect the insured person or
- Matching search results: Reinsurance companies or reinsurers insure the insurance companies. Reinsurers participate in protecting insurers from the risks which are too large for them to cover individually. Insurers can underwrite more and bigger proposals with the help of …
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9 Definitions of Insurance Terms – Safety Insurance
- Author: safetyinsurance.com
- Published Date: 12/19/2021
- Review: 3.21 (467 vote)
- Summary: The following are terms you may hear used in connection with your insurance policy. See your policy for an exact definition of the meaning of the term in
- Matching search results: A point system run by the Massachusetts Merit Rating Board which encourages safe driving by rewarding drivers who do not cause an accident, or incur a traffic violation, and by making sure that high-risk drivers pay a greater share of insurance …
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10 What is Insurance? Definition of Insurance, Insurance Meaning
- Author: economictimes.indiatimes.com
- Published Date: 01/19/2022
- Review: 3.16 (473 vote)
- Summary: Definition: A financial risk management tool in which the insured transfers a risk of potential financial loss to the insurance company that mitigates it in
- Matching search results: A point system run by the Massachusetts Merit Rating Board which encourages safe driving by rewarding drivers who do not cause an accident, or incur a traffic violation, and by making sure that high-risk drivers pay a greater share of insurance …
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11 Difference Between a Named Insured, Insured, and Additional Insured
- Author: thebalancesmb.com
- Published Date: 05/21/2022
- Review: 2.87 (148 vote)
- Summary: · General liability policies provide basic liability coverage that are required by people and entities as insureds. The insured parties include
- Matching search results: A point system run by the Massachusetts Merit Rating Board which encourages safe driving by rewarding drivers who do not cause an accident, or incur a traffic violation, and by making sure that high-risk drivers pay a greater share of insurance …
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12 What is Insurance? – Definition, Types, Benefits | Max Life Insurance
- Author: maxlifeinsurance.com
- Published Date: 07/24/2022
- Review: 2.8 (161 vote)
- Summary: Insurance is a method by which you can protect yourself and your loved ones from facing a financial crisis. You buy an insurance policy for the same, while the
- Matching search results: Claims for policies completed 3 continuous years. All mandatory documents should be submitted before 3:00pm on a working day.Claim amount on all eligible policies4 is less than Rs. 1 Crore. Claim does not warrant any field verification.Mandatory …
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13 What is an Insurer? – Definition from Insuranceopedia
- Author: insuranceopedia.com
- Published Date: 04/28/2022
- Review: 2.75 (51 vote)
- Summary: · An insurer is a party that agrees to compensate people, companies or other organizations for specific financial losses
- Matching search results: Claims for policies completed 3 continuous years. All mandatory documents should be submitted before 3:00pm on a working day.Claim amount on all eligible policies4 is less than Rs. 1 Crore. Claim does not warrant any field verification.Mandatory …
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14 Understanding the Relation Between the Insurer and Insured
- Author: bhartiaxa.com
- Published Date: 01/04/2022
- Review: 2.69 (76 vote)
- Summary: An “Insurer” refers to a company that issues insurance policies, while an “Insured” on the other hand, is the person or business covered by the policy
- Matching search results: For life insurance, some of these factors include- the type of coverage opted, health condition, policy lifestyle and the likelihood to pay the claim. It is essential to know the insurance premium definition as it clearly states the connection …
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15 Insurance | Definition, History, Types, Companies, & Facts | Britannica
- Author: britannica.com
- Published Date: 12/02/2021
- Review: 2.54 (183 vote)
- Summary: · insurance, a system under which the insurer, for a consideration usually agreed upon in advance, promises to reimburse the insured or to
- Matching search results: For life insurance, some of these factors include- the type of coverage opted, health condition, policy lifestyle and the likelihood to pay the claim. It is essential to know the insurance premium definition as it clearly states the connection …
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16 What is Insurance: Definition, Benefits, and Types
- Author: paytm.com
- Published Date: 04/24/2022
- Review: 2.44 (96 vote)
- Summary: · Insurance is a legal agreement between two parties – the insurer and the insured, also known as insurance coverage or insurance policy
- Matching search results: For life insurance, some of these factors include- the type of coverage opted, health condition, policy lifestyle and the likelihood to pay the claim. It is essential to know the insurance premium definition as it clearly states the connection …
- Source: 🔗
17 Insured | Insurance Glossary Definition – IRMI.com
- Author: irmi.com
- Published Date: 04/30/2022
- Review: 2.24 (155 vote)
- Summary: Insured — the person(s) protected under an insurance contract. Related Products. Contractual Risk Transfer. Any contracting party needs this IRMI best-seller
- Matching search results: For life insurance, some of these factors include- the type of coverage opted, health condition, policy lifestyle and the likelihood to pay the claim. It is essential to know the insurance premium definition as it clearly states the connection …
- Source: 🔗
18 Insurance Supervision – BaFin
- Author: bafin.de
- Published Date: 05/23/2022
- Review: 2.29 (106 vote)
- Summary: In supervising and monitoring insurance undertakings, BaFin helps insurers to justify the confidence that customers place in them
- Matching search results: At certain intervals or as required, BaFin also gains deeper insights into an undertaking’s situation by way of on-site inspections at the undertaking’s registered office. But if need be, BaFin staff also visit offices or branches in other EU or EEA …
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19 How insurance works – ABI
- Author: abi.org.uk
- Published Date: 04/11/2022
- Review: 2.19 (50 vote)
- Summary: Insurance is a financial product sold by insurance companies to safeguard you and / or your property against the risk of loss, damage or theft (such as
- Matching search results: If you don’t make a claim, you won’t get your money back; instead it is pooled with the premiums of other policyholders who have taken out insurance with the same insurance company. If you make a claim the money comes from the pool of policyholders’ …
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20 [PDF] How insurance works
- Author: insuranceeurope.eu
- Published Date: 10/17/2021
- Review: 1.92 (72 vote)
- Summary: Insurance Europe is the European insurance and reinsurance federation. … premiums and insured events, between groups of policyholders and/or over time,
- Matching search results: If you don’t make a claim, you won’t get your money back; instead it is pooled with the premiums of other policyholders who have taken out insurance with the same insurance company. If you make a claim the money comes from the pool of policyholders’ …
- Source: 🔗
21 Insurance Meaning – Types, Benefits & How It Works
- Author: turtlemint.com
- Published Date: 03/22/2022
- Review: 1.92 (96 vote)
- Summary: Insurance is a legal contract between two parties- the insurance company (insurer) and the individual (insured), wherein the insurance company promises to
- Matching search results: As no one wants to leave their loved ones financially shattered, life coverage is one of the must-have for every individual having dependents. In case of life insurance, the sum assured or the coverage amount will be paid out to the nominee of the …
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