Appearance of Auto Insurance News

Endowment Policy ... Endowments can be cashed in early (or surrendered) and the holder then receives the surrender value which is determined by the insurance company depending on how long the policy has been running and how much has been paid in to it... Unit-linked endowment Unit-linked endowments are investments where the premium is invested in units of a unitised insurance fund... Low cost endowment (LCE) A low cost endowment is a combination of: an endowment where an estimated future growth rate will meet a target amount and a decreasing life insurance element to ensure that the target amount will be paid out as a minimum if death occurs (or a critical illness is diagnosed if included)...

Payment Protection Insurance ... Credit insurance can be purchased to insure all kinds of consumer loans including car loans, loans from finance companies, and home mortgage borrowing...

Dental Insurance ... Dental insurance companies have similar fee schedules which is generally based on Usual and Customary dental services, an average of fees in your area... When a dentist signs a contract with a dental insurance company that provider agrees to match the insurance fee schedule and give their customers a reduced cost for services, this is considered an In-Network Provider or Participating Provider network (PPO)...

Financial Services ... One approach would be a bank which simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings...

Ad Valorem Tax ... An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value-added tax ), but it may be imposed on an annual basis (real or personal property tax) or in connection with another significant event (inheritance tax, surrendering citizenship, or tariffs). In some countries stamp duty is imposed as an ad valorem tax...

Life Insurance ... The advantage for the policy owner is "peace of mind", in knowing that the death of the insured person will not result in financial hardship for loved ones. Life policies are legal contracts and the terms of the contract describe the limitations of the insured events...

Liability Insurance ... If a declaratory judgment is sought, the issue of the insurer's duty to defend will be resolved. If the insurer decides to defend, it has thus either waived its defense of no coverage (later estopped), or it must defend under a reservation of rights...

Healthcare Reform In The People's Republic Of China ... The Ministry of Health of the State Council oversees the health services system, which includes a substantial rural collective sector but little private sector. Nearly all the major medical facilities are run by the government...

Health Insurance In Germany ... The statutory care insurance covers a portion of the home and residential care costs if an increased need for nursing or household assistance of at least six months will occur... The insured person Compulsory insured and voluntary insured people of the public health insurance are compulsorily insured in the social insurance... Voluntarily insured people have the possibility to switch to the private care insurance, which also include the fully insured people of the private health insurance...

Insurance Bond ... Since the introduction of unitised insurance funds they have often been marketed as unit-linked bonds or investment bonds...

Public Policy Doctrines For The Exclusion Of Relevant Evidence ... The exclusionary rule, under which evidence gathered by the police from an illegal search is excluded, is of similar operation but is typically considered separately. Subsequent remedial measures A subsequent remedial measure is an improvement, repair, or safety measure made after an injury has occurred...

Insurability ... An individual with very low insurability may be said to be uninsurable, and an insurance company will refuse to issue a policy to such an applicant... For example, an individual with a terminal illness and a life expectency of 6 months would be uninsurable for term life insurance... This is because the probability is so high for the individual to die within the term of the insurance, that he/she would present much too high a liability for the insurance company...

Insurance Law ... The expansion of English maritime trade made London the centre of an insurance market that, by the 18th century, was the largest in the world... At the same time, eighteenth-century judge William Murray, Lord Mansfield, was developing the substantive law of insurance to an extent where it has largely remained unchanged to the present day - at least insofar as concerns commercial, non-consumer business - in the common-law jurisdictions...

Home Insurance ... The cost of homeowner's insurance often depends on what it would cost to replace the house and which additional riders—additional items to be insured—are attached to the policy... The insurance policy itself is a lengthy contract, and names what will and what will not be paid in the case of various events... Insurance should be adjusted to reflect replacement cost, usually upon application of an inflation factor or a cost index...

Mortgage Insurance ... Lenders will often require mortgage insurance for mortgage loans which exceed 80% (the typical cut-off) of the property's sale price... Because of her limited equity, the lender requires that Ms Smith pay for mortgage insurance that protects the lender against her default... The lender then requires the mortgage insurer to provide insurance coverage at, for example, 25% of the $135,000 ($33,750), leaving the lender with an exposure of $101,250...

Health Care System In Japan ... People without insurance through employers can participate in a national health insurance programme administered by local governments...