Automatic Coverage

Automatic Coverage

A feature in some insurance policies that changes the amount of coverage in accordance with changes in the value of the property being insured. For example, if the value of a piece of real estate increases or decreases over time, a policy with automatic coverage would alter its coverage in proportion to the change.
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The law makes the program more robust by prioritizing farmers and fisher folks, strengthening livelihood and employment opportunities for beneficiaries, ensuring civil society organizations seats in the advising councils, and providing automatic coverage to Philhealth.
The law makes the program more robust by prioritizing farmers and fisherfolks, strengthening livelihood and employment opportunities for beneficiaries, ensuring civil society organizations' seats in the advising councils, and providing automatic coverage to Philhealth.
Many ocean cargo policies do not provide automatic coverage for overland shipments, or when the assured is responsible for loss or damage solely within the country or origin, or solely within the country of destination.
The project partners, led by applied research firm Profactor, will develop a software framework for the robot for automatic coverage planning of a part, based on a CAD model.
Once connected, the customer gets automatic coverage for each ride taken during a 24-hour period without the need to activate coverage manually.
Advanced algorithms enable automatic coverage of the flow of play and highlight generation.
There are many minors who fall into this category and they too must have automatic coverage.
Such policies also provide automatic coverage for newly acquired pieces for a period of time, so owners don't have to worry about getting each new piece covered by the policy the day they buy it.
Carper, on the other hand, also contained provisions that favored beneficiaries, such as the indefeasibility of awarded beneficiary lands, recognition of usufruct rights of beneficiaries, a grace period for amortization payments, speeding up the process of awarding lands, removal of the stock-distribution option, disallowing the conversion of irrigable and irrigated lands, automatic coverage of lands targeted for conversion pending for at least five years, reinstating compulsory acquisition and voluntary offers-of-sale as main redistribution modes, and recognition of women farmers as beneficiaries.
And if "a" is not true, then "b" is of no help because both must be true or there is no automatic coverage.
- Automatic coverage for on-going maintenance post construction
Schrandt recommends advisers work with a carrier that can aggregate the plans on a single bond with an automatic coverage provision to include any additional plans that come aboard during the year.
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