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  2. Insurance bad faith - Wikipedia

    en.wikipedia.org/wiki/Insurance_bad_faith

    Insurance bad faith is a tort [1] unique to the law of the United States (but with parallels elsewhere, particularly Canada) that an insurance company commits by violating the "implied covenant of good faith and fair dealing" which automatically exists by operation of law in every insurance contract.

  3. Hangarter v. Provident - Wikipedia

    en.wikipedia.org/wiki/Hangarter_v._Provident

    Provident Insurance Company, 373 F.3d 998 (9th Cir. 2004), [1] (UnumProvident, now referred to as Unum or Unum Group [2]), is a landmark decision by the 9th Circuit Court of Appeals on the issue of disability bad faith insurance law. Because California’s bad faith insurance law is often referred to in many states as a model nationwide, the ...

  4. Damages - Wikipedia

    en.wikipedia.org/wiki/Damages

    Under common law, a liquidated damages clause will not be enforced if the purpose of the term is solely to punish a breach (in this case it is termed penal damages). [23] The clause will be enforceable if it involves a genuine attempt to quantify a loss in advance and is a good faith estimate of economic loss.

  5. What does life insurance cover? - AOL

    www.aol.com/finance/does-life-insurance-cover...

    Life insurance can help cover end-of-life expenses, estate planning, legacy funds and long-term care. Life insurance does not pay out for certain deaths, such as suicide, within the first two years.

  6. Professional Negligence vs. Breach of Fiduciary Duty in ... - AOL

    www.aol.com/news/professional-negligence-vs...

    For premium support please call: 800-290-4726 more ways to reach us

  7. Exclusion clause - Wikipedia

    en.wikipedia.org/wiki/Exclusion_clause

    Limitation clause: The clause places a limit on the amount that can be claimed for a breach of contract, regardless of the actual loss. Time limitation : The clause states that an action for a claim must be commenced within a certain period of time or the cause of action becomes extinguished.

  8. The Invisible Bankers - Wikipedia

    en.wikipedia.org/wiki/The_Invisible_Bankers

    It covers the financial details of life, auto, health and fire insurance—the types consumers normally buy. Because insurers are frequently the victims of insurance fraud, insurance companies need to be on their guard. On the other hand, an unscrupulous insurer could, in theory, increase its profits by either inducing their insured to settle ...

  9. 7 surprising situations your standard car insurance won't ...

    www.aol.com/finance/situations-standard-car...

    Legally required minimums only cover damage you cause. Even with comprehensive and collision, you're financially vulnerable. Learn top situations your standard car insurance won’t cover — and ...

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