Supports are generally used to change the terms of insurance contracts. They could also be adopted to add specific conditions to the directive. It is recommended that you ensure that the insurer`s workshop repairs your car, as the insurer is responsible for the proper quality of repairs. It is very important that you meet your insurance policy. An insurance provider does not replace an insurance policy and is not designed as mandatory long-term insurance. If you did not receive your insurance policy before your file expired, there may be a major problem. It is your responsibility to continue your contract and ensure that it is issued. The part of your policy that contains your name and address; The insured property, its location and your description The policy-making period The amount of coverage and applicable premiums. Bid Securities – This is a form of risk insurance that is used in the construction industry. By depositing an offer loan with a contract offer, a contractor gives a legal guarantee that he will sign a contract if he receives it. Some drivers (usually over 50 years of age) who have voluntarily taken a defensive driving course may benefit from this discount on their auto insurance premiums. Suppose, for example, that you do not know that your grandfather died of cancer, and therefore you did not reveal this essential fact in the family history questionnaire when you applied for life insurance; It`s an innocent secret. However, if you were aware of this essential fact and deliberately withheld it by the insurer, you are guilty of fraudulent non-disclosure.
The payment examiner is responsible for recovering your deductible from the other party`s insurance company. Can pay for your medical treatment, lost wages or other expenses related to the accident, no matter who caused the accident. This insurance coverage is subject to the terms and conditions of your insurance policy and is not available in all countries. You may also have to pay a “surplus.” The surplus is the amount you are willing to pay in the event of a debt. In the event of an accident (instead of theft), the deductible may vary depending on who drove the vehicle at the time. Check the details of your policy. The part of the insurance contract that describes the obligations and responsibilities of the insured and the insurance company. Principle of waiver and Estoppel. A waiver is a voluntary transfer of a known right. Estoppel prevents a person from asserting these rights because he or she has acted in a way that denied any interest in safeguarding those rights.