Do you have to add your teenager to your insurance policy?
No. You don’t have to add your child to your car insurance policy. But it will be less expensive than the child getting their own policy. “You’re not requ...
Category: Updates
How does post shipment finance work?
Post Shipment Finance is a kind of loan provided by a financial institution to an exporter or seller against a shipment that has already been made. This t...
Can wives recover for loss of consortium?
Spouses may recover for loss of consortium even if the loss is not total. They may also be compensated for a diminution of their rights to consortium. Los...
What happens when a drunk driver hits your car without insurance?
Call the police and emergency services. Drunk drivers pose a risk to society, so just as you would for any accident, contact the police and emergency serv...
What does bonding insurance protect against?
Surety bonds protect the third-party that is hiring a business from any possible losses that would result from incomplete work, damage, theft, or other fa...
What does bear mean in economics?
A bear is an investor who believes that a particular security, or the broader market is headed downward and may attempt to profit from a decline in stock ...
What are the 4 types of coping mechanisms?
Weiten has identified four types of coping strategies: appraisal-focused (adaptive cognitive), problem-focused (adaptive behavioral), emotion-focused, and...
How can I find out if my life insurance policy is lost?
If you know which life insurance carrier issued the policy, contact the company directly. The insurer should have the policy on file. Be prepared to prove...
What are layers in reinsurance?
Layer. A horizontal segment of the liability reinsured, e.g., the second $100,000 of a $500,000 liability is the first layer if the ceding company retains...
Is COBRA covered under stimulus?
What is the impact on eligible individuals? An eligible individual with an existing or new COBRA election will be provided tax-free health care coverage (...
