Distinguished

OCTOBER 15, 2024

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

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Distinguished

JULY 22, 2024

Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. In the case of a catastrophic loss, art pieces worth thousands of dollars would only be covered up to that low per-item limit, leaving the collector with significant financial losses.

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Jackson & Jackson

APRIL 10, 2024

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. Liability Insurance Liability insurance is essential for any commercial property owner.

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Jackson & Jackson

MAY 22, 2024

It covers property damage, loss of income, liability claims, etc. With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. appeared first on Jackson & Jackson Insurance Agents and Brokers.

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Jackson & Jackson

MARCH 18, 2024

The risks surrounding your precious bags are real, from theft to damage due to natural disasters. An insurance policy covering your luxury handbags ensures you are protected from financial loss in unforeseen circumstances. ” While you may take every precaution to keep your luxury handbags safe, accidents can still happen.

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Property Insurance Centre

JANUARY 30, 2024

This includes providing details about any unoccupied flats, as they may pose higher risks due to increased vulnerability to theft, vandalism, or damage. This insurance ensures that in the event of unforeseen damages or disasters, the property owners are protected against financial loss and can reconstruct the building to its original state.

Liability 52

Liability Insurance Insurer Insured 52

Distinguished

SEPTEMBER 17, 2024

Loss experience. We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Another factor would be security.

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