Life settlement providers will purchase $10 billion to $15 billion of
insurance policies in 2005.
General liability
insurance policies have limits stated for each occurrence and general aggregate.
Employers can usually buy workers comp
insurance policies from two different sources--from a private insurance company or directly from the state they do business in.
Life
insurance policies that are term life are a little easier to handle in these tough economic times.
Having been in and out of consideration for some 25 years, the Disclosure For Small Face Amount Life
Insurance Policies Model Act saw action June 12 when it was unanimously approved by the Life Insurance and Annuities Committee at the National Association of Insurance Commissioners' Summer National Meeting in Boston.
Recognizing the death of a key employee of certainly the business owner could mean the end of the business itself, most small businesses own life
insurance policies on these individuals.
Non-traditional insurance solutions include claims-made liability
insurance policies, risk purchasing group programs, captive and rent-a-captive insurance arrangements, and excess and surplus lines insurance placements.
Don't keep your life
insurance policies in your safe deposit box, because in most states, boxes are sealed temporarily upon the death of the owner.
In Texas, such
insurance policies are protected from creditors.
Under HIPAA, qualified long-term care
insurance policies, in exchange for tax advantages, must contain certain consumer protection provisions.
In providing an efficient, centralized point for the processing of
insurance policies, DTCC Insurance Services is helping insurance carriers expand their product sales potential in new market channels through the broad network of distributors utilizing its platform.
The long-term 'AAA' rating assigned to the series 2005C-2, 2005C-3, and 2005C-5 bonds is based on the support of three separate
insurance policies provided by Financial Guaranty Insurance Company (FGIC), which insure scheduled payments of principal of and interest on the FGIC insured bonds, effective as of the date of issuance of the bonds.
