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When considering a mortgage application for a property with flying freehold the extent to which the property extends over a neighbouring property may also be considered before approving an application and may result in a lender requiring a title indemnity policy, which is a kind of insurance against problems arising from the flying freehold, [1 ...
War risk insurance is a type of insurance which covers damage due to acts of war, including invasion, insurrection, rebellion and hijacking. Some policies also cover damage due to weapons of mass destruction .
Protection and indemnity insurance, more commonly known as P&I insurance, is a form of mutual maritime insurance provided by a P&I club. [1] Whereas a marine insurance company provides "hull and machinery" cover for shipowners, and cargo cover for cargo owners, a P&I club provides cover for open-ended risks that traditional insurers are reluctant to insure.
This type of policy provides protection for a specific period, typically 10, 20 or 30 years, making it great for covering temporary financial obligations like a mortgage, student loans or the ...
A month later, Nationwide, which writes about 7.3% of the state’s insurance policies, disclosed that it would drop 10,525 homeowners’ policies in Eastern North Carolina. It’s unclear if the ...
The Travelers Insurance Company was founded in Hartford by James G. Batterson, a stone contractor [12] who became aware for the first time of accident insurance for travelers (i.e., an early form of travel insurance) while traveling in England in 1859 from Leamington to London. [13]
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