Significantly, the fact that an insurer may have a contractual right to control whether to settle a case and to place the
insured's significant SIR or deductible at risk does not relieve the insurer of its obligation to act in good faith.
Get
Insured CT specializes in a wide array of insurance policies, from auto insurance, home, business, health and life insurance to motorcycle, snowmobile and farmer's insurance.
However, it must be ensured that the Costs of Replacement/Re-Instatement on another Site must not be increased than the Liability of the Insurers, vis-a-vis the Item-wise Sum
Insured of the
Insured Machinery/Property.
Moral hazard is something that occurs when someone increases their exposure to risk when
insured. In other words, if a driver knows that he'll get a certain amount of money back when writing off his car, he may become more blasAaAaAeA@ about the risk of an accident, or may ev consider deliberately damaging the car beyond repair.
Most additional
insured status requests are easily understood and managed.
Chartis refused, asserting that the D&O policy's "
insured vs.
A MONG western celebrities, getting their body parts
insured is a common trend, though no one has officially patented any mannerism or trait.