| The CGL Policy Exclusion for Contractual Liability |
| |
| The comprehensive general liability policy insures the policyholder against liability for personal injuries or property damage to third parties caused by the acts of the policyholder. There are various exclusions from such coverage in the standard CGL policy, including the exclusion for contractual liability.
More... |
| |
| Attaching an Insurance Application |
| |
| An applicant's completed application for insurance may be attached to a policy issued by an insurer to the applicant. If the application is attached, it is considered part of the policy. Some state statutes require attachment and a statement in the policy that the application is attached.More... |
| |
| No Life Insurance Beneficiary Designation |
| |
| If an insured obtains a life insurance policy, he has the responsibility to designate an eligible beneficiary to receive the proceeds of the policy upon his death. Situations arise, however, where the insured either fails to make any designation of beneficiary or revokes his designation and fails to make a new one. More... |
| |
| Types of Disability Coverage in Life and Health Insurance |
| |
| The definition of "disability" is subjective because some people can work without complaint with a condition that would disable and incapacitate others. A typical life and health insurance policy may define disability insurance as including insurance related to injury, disablement, or death resulting to the insured from accidents or sickness.
More... |
| |
| Methods of Selling Life Insurance |
| |
| Life insurance companies may sell their insurance policies through full-time agents, brokerage markets, direct sales, or mass marketing.More... |
| |
