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What happens when insurance salvage your car?
After getting the salvage title, insurance companies auction off the vehicle to rebuilders or salvage yards. If the car is rebuilt and passes an inspectio...
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What is the basic qualification for getting an insurance Licence?
Regulation 4 of the regulations (i.e. IRDA (licensing of Insurance Agents) /Regulations, 2000) requires that a person desiring to obtain or renew a licens...
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What does insurance mean in Latin?
securus Insurance ultimately comes from the Latin securus, “free from care.” What word comes from the Latin word? This section of EnhanceMyVocabulary.com ...
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What is the Vioxx lawsuit about?
Vioxx Lawsuits. Following Merck’s voluntary market withdrawal of its second biggest money maker, the arthritis painkiller Vioxx (rofecoxib), Merck faced m...
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Can I add my mother to my life insurance?
Yes, you can purchase life insurance for your parents to help cover the final expenses they leave behind. In order to buy a policy on a parent, you will n...
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Can I gift life insurance proceeds?
If you want your life insurance proceeds to avoid federal taxation, you’ll need to transfer ownership of your policy to another person or entity. New owne...
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What causes bottleneck and founder effect?
Bottlenecks and founder effects. Genetic drift can cause big losses of genetic variation for small populations. Population bottlenecks occur when a popula...
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Why is indemnification important in a contract?
Indemnification clauses are clauses in contracts that set out to protect one party from liability if a third-party or third entity is harmed in any way. I...
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What kind of insurance do I need for snow plowing?
Commercial General Liability Commercial General Liability (CGL) Insurance – The most common form of coverage for snow removal contractors is commercial ge...
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What does gap insurance cover if you die?
No, gap insurance does not cover death, since it only pays for the difference between a car’s value and any auto loan or lease balance remaining if the ca...
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