Insurance Law
| Policy Construction Supporting Coverage |
|
| An insurance policy may contain provisions that state when coverage will be forfeited or which perils are excluded from coverage. Such provisions may be valid and enforceable, if unambiguous. More... |
|
|
| The Equitable Right of Subrogation |
|
| Subrogation is an equitable right to seek recovery of losses paid by the plaintiff for another in an action against the party that caused the losses. In insurance law, subrogation refers to the right of the insurer to seek compensation for its payments to its insured by filing an action against the person that caused the damages to the insured. More... |
|
|
| Aviation Hull Insurance |
|
| Aviation hull insurance is a form of property insurance in which the property is an aircraft. Loss of value and loss of use of aircraft specified in the policy normally is covered. Aviation hull insurance may be the subject of a separate policy or it may be included within a policy that also provides the aircraft owner with coverage for liability to third parties arising from an accident involving the aircraft. More... |
|
|
| The War Exclusion to the CGL Policy |
|
| Standard comprehensive general liability policies insure businesses against liability for personal injury or property damage of third parties. The policies contain a number of exclusions from coverage. Insurance needs and risk planning regarding the eventualities described in the exclusions should take into account that standard CGL policies, though comprehensive, do not cover excluded events.
More... |
|
|
| Employers Entitled to Life Insurance Proceeds |
|
| A beneficiary of a life insurance policy must have an insurable interest in the life of the insured in order to collect the policy proceeds upon the insured's death. An insurable interest is usually found where there is a blood or marriage relationship between the beneficiary and the insured or where the beneficiary has a direct or contractual relationship with the insured. More... |
|
|