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A personal liability, or umbrella, policy pays liability limits above those you can get on your homeowners or other basic liability policy. If you are thinking of buying a personal liability policy, begin by finding out the maximum amount of personal liability your homeowners policy provides. Make sure you coordinate the liability limits so that the umbrella policy covers any liability claim in excess of the amount your basic policy will pay, up to the maximum limits of the policy.
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Explain the significance of limited liability to sole trader and partnership?
Type Explain the significance of limited liability to sole trader
How do you explain Personal and business taxation?
explain personal and business taxation
Identify and explain features of a public company and a private company?
CONTINUITY: the death or retirement of a shareholder will not hamper the operation of the business. LIABILITY: the liability of the shareholder is limited to their investment's. This clause also protects their personal property from being liquidated to cover any debts of the company. The company has it's own legal identity
Functions of personal management?
Explain the personal management
Can a family who privately own a flat sue their local council if flooding from a neighbor who lives in a council flat causes sewage to enter and damage their property?
You need to consult with an attorney who is familiar with the laws in your jurisdiction. The attorney can get more pertinent details, review your situation, explain who has liability and explain your rights and options.You need to consult with an attorney who is familiar with the laws in your jurisdiction. The attorney can get more pertinent details, review your situation, explain who has liability and explain your rights and options.You need to consult with an attorney who is familiar with the laws in your jurisdiction. The attorney can get more pertinent details, review your situation, explain who has liability and explain your rights and options.You need to consult with an attorney who is familiar with the laws in your jurisdiction. The attorney can get more pertinent details, review your situation, explain who has liability and explain your rights and options.
Personal formation explain?
The explanation of Personal formation is that it is the act of helping an individual form his personal, manly character.
Information about Property and liability insurance?
Insurance definitions found on the web can explain property and liability insurance more in detail. However the type of business you have will tell you what type of coverage you will need.
What is debenture explain in simple term?
Debentures refers to discharging the liability on account of debentures in accordance with the terms of issue.
What is the difference between professional and general liability?
Professional liability covers you for losses and expenses that can arise from the practice of your profession. Claims of loss or injury that result from negligence, incompetence, errors and or omissions on the part of the professional in carrying out the services being rendered.General liability is more location oriented, It provides coverage for claims that may arise from your location such as slip and fall claims or other types of injury.AnswerProfessional liability policies were developed (fundamentally) to protect against claims arising out of economic loss. General Liability exists to protect against bodily injury, property damage, personal injury & adveritising injury - - all defined terms in the policy. There is no standard Professional liability policy and each should be read and explained by an experienced professional. This is a very thin answer in the broad scheme of insurance and there are sooo many factors to consider - CONTACT A SPECIALIST WHO CAN EXPLAIN THE DIFFERENCES... possibly someone with an MLIS designation.
Your truck was stolen and the thief crashed into a building and was injured how do you put charges against this person for liability and theft?
Explain it to the police.
What are the seven steps involved in the process of personal selling?
Explain the various stages involved in the personal selling process
Explain precautions to be taken under direct personal interview?
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