financial loss


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Consumer Goods: Reimburses the financial loss resulting from a covered insured event in the areas of appliances, electronics/electrical, clothes, furniture, household goods, children's products, outdoor goods and products, sports/exercise equipment and products.
With each additional party in the supply chain, the probability of error and corresponding allegations of financial loss increase.
The Regional Manager of the UPSRTC, C B Singh, said: There is no doubt that the movement of tempos on bus routes has caused a heavy financial loss to the corporation.
Insurance Gap Analysis -- Assess current insurance policies in terms of coverage for financial loss arising out of unauthorized access or use of confidential information, damage to third-party software or data as well as damage to the business network or data.
Business risks present every bit as much potential for financial loss to the organization as more tangible physical risks.
However, cyber-security risk insurance enables a company to take the financial loss off its balance sheet and move it to that of a third party.
Comparing this to the estimated $500 million annual loss due to computer viruses, computer users accidentally deleting files is by far a bigger threat and financial loss to the enterprise.
The cost effectiveness and processing speed of environmental insurance, which protects lending institutions from financial loss and liability resulting when a loan defaults and real estate collateral is contaminated, have also drawn praise from lenders' customers.
To make up the financial loss, however, a couple in South Florida tendered a $200,000 gift to the council in September expressing their longtime admiration and support of Scouting.
THE cash-strapped IFA are preparing to take a financial loss in order to stage tomorrow night's international against Norway.
It must appear that substantial financial loss, for example, loss due to the sale of property at a sacrifice price, will result to the taxpayer for making payment on the due date of the amount with respect to which the extension is desired.
D&O insurance policies protect directors, officers and owners for "wrongful acts" that cause financial loss to their company or to others'.

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