Αποτελέσματα Αναζήτησης
Primary Insurance refers to the first layer of insurance coverage that is used in the event of a claim, where multiple insurance policies cover the same loss.
18 Ιουλ 2024 · Property insurance refers to a series of policies that offer property protection, including structural damage, theft of personal belongings, and liability coverage. Property insurance can...
19 Οκτ 2024 · Primary insurance is a policy that provides coverage first, even when the policyholder has other policies covering the same risk. The secondary policies are only utilized once the primary policy has reached its financial limit.
15 Δεκ 2023 · The primary and noncontributory clause is a common provision in insurance contracts, particularly in liability insurance policies. It defines how and to what extent different insurance policies should interact when there are multiple providers covering the same risk or claim.
The agent usually has a primary carrier (the insurance company to which most of the business is submitted) and secondary carriers (to which lesser amounts are submitted). The primary carrier provides the agent with commission schedules, expense allowance, and the availability of markets for the agent's business.
14 Ιουλ 2017 · The demand for primary and noncontributory has become a very common insurance requirement. Found in many business relationships—such as construction, real estate, and equipment leasing—the trend is to mandate not only additional insured status but also insist on coverage for the additional insured as "primary and noncontributory."
21 Απρ 2022 · An insurance carrier is the company that provides your insurance coverage. You can file an insurance claim with your agent or directly with your carrier in most cases. You can find your insurance carrier's information on your declarations page or insurance cards, or by calling your agent.
