11. Oktober 2021 DirkW

The Provision That Sets Forth The Basic Agreement Between The Insurer And The Insured

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Often fire, allied pipes, various other blankets (for example. B different conditions) and civil liability coverage. These coverages would be included in other annual lines of account if they were written individually. Include in this type of insurance multi-hazard policies (with the exception of farm owners, owners and car policies) that cover civil liability other than the car. Disability Income – Long-term – Policies offering a weekly or monthly income allowance for more than five years for individual coverage and more than one year for group coverage for total or partial disability due to accident and/or illness. Credit Placed Insurance – insurance acquired unilaterally by the creditor who is the insured in question after the date of the credit transaction and which covers losses, expenses or property damage due to fire, theft, collision or other risks of loss that would affect the interests of a creditor or affect the value of the security rights. „Creditor Placed Home“ stands for „Creditor Placed Insurance“ for homes, mobile homes and other real estate. „Creditor Placed Auto“ means the insurance of cars, boats or other vehicles. Written premiums – total premiums generated from all policies (contracts) taken out by an insurer during a given period. Transfer clause – section of insurance policies giving an insurer the right to take legal action against a third party responsible for the loss of an insured for whom a right has been paid. . . .

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