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If the insurance company approves the exclusion, you will have to sign a driver exclusion form. You may also have to provide supporting documents, like a state-issued ID for your father who is no ...
[126] [147] The driver on the through street must anticipate and hence not approach at an unsafe speed which would prevent another driver from being able to enter while traffic was some distance away, or would be unsafe to a driver who has already established control of the intersection under a prudent acceleration a i, from a stop at a limit ...
The Lloyd's of London insurance market uses ACORD standards for messaging between counterparties. [6] Lloyd's Core Data Record, an attempt to standardized data exchange, is based on ACORD standards. [7] In 2018, ACORD partnered with DataPro on the production of new software that would streamline the implementation of insurance data standards.
The insurer may require that the claim be filed on its own proprietary forms, or may accept claims on a standard industry form, such as those produced by ACORD. Insurance company claims departments employ a large number of claims adjusters, supported by a staff of records management and data entry clerks. Incoming claims are classified based on ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Retail store drivers who venture less than a 100 air-mile (115.08 statute miles or 185.2 kilometers) radius are allowed to exceed daily driving limits to make store deliveries from 10 December to 25 December, because of the demands of the Christmas shopping season. Drivers in Alaska can drive up to 15 hours within a 20-hour period.
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
Exclusion clauses should not be subject to a strained construction in order to reduce the ambit of their operation. [8] The judge in R&B Customs Brokers Co Ltd v United Dominions Trust Ltd [ 9 ] refused to allow an exemption clause, of which did cover the nature of the implied term , on the grounds that it did not make specific and explicit ...