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First of all the reason why the risk has not been insured must be either because it was a specified risk which was not insured against by the landlord for legitimate reasons within the parameters of the lease, or the risk has been withdrawn as being a risk available in the market generally.
According to the agreement, vehicles and their operators from one ASEAN country must be ''adequately insured against death and bodily injury and/or property damage arising from road traffic accidents'' occurring in another ASEAN country.
The debt provided by APFC and the commercial banks will be insured against political risks by the U.
The Association of Southeast Asian Nations (ASEAN) is expected to sign an agreement Sunday to standardize and make it compulsory for vehicles transporting goods across each other's borders to be properly insured against accidents.
The function of residual insurance is to indemnify the insured against a loss that might occur if the sale proceeds of a properly maintained building is less than the asset's insured reversion or residual value at the point specified in the insurance policy.
But there are many other unforeseen events which are best insured against.
Is the client insured against liabilities arising from an accident caused by such persons?
The property suffered significant damage due to Hurricane Katrina; however, the loan is fully insured against windstorm and flood damage.
These considerations are particularly acute in disability insurance cases where the very risks insured against presuppose that if and when a claim is made, the insured will be disabled and in strait financial circumstances and, therefore, particularly vulnerable to oppressive tactics on the part of an economically powerful entity.
The plan would give Fidelity an edge over its competitors by assuring money market fund shareholders that their investments would at least be partially insured against losses if an issuer of a security owned by the funds were to default.
This reflects the attempt by the industries who created the claims and those who have willingly or unwillingly insured against the claims, a crude effort at risk transfer.
After all, Hangarter had an occupational policy and was insured against losses stemming from her inability to perform her occupation as a chiropractor.