 Is it too risky to be a homemaker even if spouse has good life insurance?.? |
| We both agree that I should be with kids but I'm worried about financial risks.... |
|
 Please Help Me? |
| Do I have to pay shipping insurance on a product?... |
|
 Can I be denied coverage for lap band if I have BC/BS PPO and the doctor is an out-of-network provider? |
| My mom currently has BC/BS PPO federal employee insurance and I am covered under her health insurance. I am 19 years old and morbidly obese. I recently went to a doctor and they took a copy of my ... |
|
 Health Insurance question? |
| My husband's boss won't offer them Health Insurance. Where can I call or what can I do to ask if he has to offer them insurance or not. Please help!!!!!... |
|
 Can my grandma get health insurance now that her husband has passed? |
| My grandfather recently passed away and my grandma had insurance through him at his job. Can she get health benefits now that she is on her own? And is there a way to see if he had life insurance. ... |
|
 Is home owner's insurance a requirement to have for a townhouse in California? |
Additional Details
What exactly does home owner's insurance cover anyway?
How is this different from theft, earthquake and flood insurance?... |
|
 How long does an insurance adjuster have to pay insured for there damaged personal property? |
| I had a house fire, and filed a claim for structure and personal property. It has been one month sense adjuster has received my personal property info, and yet no check. Just a bunch of lies that the ... |
|
 Does anyone else have to pay...? |
| for their car insurance? and how much is it. Not a single person I know has to pay and I have to, and I guess I just want to know that i'm not the only one (i'm 18, by the way and just ... |
|
 Help i need answers? |
| i am tied up at a hospital & i have a broken arm? i did not sign up for short time disabled at work. can i sign up for unemployment until i get back to work?... |
|
 Quick question about RENTERS INSURANCE? |
My fiance and i are renting out a house starting Feb. 1st.
After a year we have an option to buy the house.
Anyways, when we were looking at the house she said her dad wants us to ... |
|
 Falsely Accuse Car Accident: Person wants to file me as hit and run ? |
| I had a car accident and then gave the person who I had the car accident with my insurance information such as my policy number and driver license number. I then filed the report to my insurance ... |
|
 "I had gastric bypass surgery back in 2003, since then my insurance company has stopped paying for that surge |
| "I had gastric bypass surgery back in 2003, since then my insurance company has stopped paying for that surgery.. But since they paid for it in the beginning for me, wouldnt they be obligated to ... |
|
 How can I find out if a deceased relative left a will, and what happened to her property? (Pennsylvania, NY)? |
| Her holdings were quite substantial, with homes in PA and NY. Death was sudden, in July of 04. No one was notified. A "friend" handled the memorial service and cremation, and would tell ... |
|
 Can I use my flexible spending account through work for fertility / Infertility treatments for my wife? |
| I was wondering if the FSA (flexible spending account) can be used at at cryogen laboratory (sperm bank) and for IUI treatments? The IUI is done at a Dr.'s office so I would think that it could, ... |
|
|  |
curves c | What does indemnity mean? |
|
 |
 
Tunka
 |
Indemnification or Indemnity
An entity seeking to transfer risk (an individual, corporation, or association of any type) becomes the 'insured' party once risk is assumed by an 'insurer', the insuring party, by means of a contract, defined as an insurance 'policy'. This legal contract sets out terms and conditions specifying the amount of coverage (compensation) to be rendered to the insured, by the insurer upon assumption of risk, in the event of a loss, and all the specific perils covered against (indemnified), for the term of the contract.
When insured parties experience a loss for a specified peril, the coverage entitles the policyholder to make a 'claim' against the insurer for the amount of loss as specified by the policy contract. The fee paid by the insured to the insurer for assuming the risk is called the 'premium'. Insurance premiums from many clients are used to fund accounts set aside for later payment of claims—in theory for a relatively few claimants—and for overhead costs. So long as an insurer maintains adequate funds set aside for anticipated losses, the remaining margin becomes their profit. To indemnify is to put you back in the position or return your property to it's condition prior to the loss or occurrence. |
|
stepup1895
 |
insurance of risk |
|
bearmeister34
|
Wow, sounds like Tunka pulled his answer right out of the book.
The readers digest version is that to indemnify is to repay for damages to put someone back into the condition they were in, prior to the loss or damages. |
|
jcollins_24
 |
To make whole.
In insurance terms, to put you back in the same position you were before. |
|
javi
|
Indemnity means a non-standard company meaning.Youre in a high risk insurance.When you are in a company called non-preffered you will pay more.When you are in a company that is preffered you get a better rate.So depending on what insurance carrier you get ask them if it is a indemnity company or non-indemnity.Indemnity company take the high risk drivers but charge them a arm and a leg.Be advised if you have more tickets then you do cars you might be in a indemnity company. |
|
nautique16
|
It means->
protection or security against damage or loss. |
|
tonalc1
|
In insurance terms, it refers to your protection amount/ what you get paid in settlement.
Double indemnity (as in the film) means the settlement will be twice the amount if it meets certain criteria, usually accidental death. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 20 minutes(s) ago
| | | |
7 | 21 minutes(s) ago
| | | |
7 | 31 minutes(s) ago
| | | |
7 | 53 minutes(s) ago
| | | |
6 | 3 hour(s) ago
| | | |
7 | 8 hour(s) ago
| | | |
5 | 1 day(s) ago
| | | |
6 | 4 day(s) ago
| | | |
6 | 5 day(s) ago
| | | |
6 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
