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Does the England Basketball Association cover its coaches with liability insurance once they have received their national governing body certificates?
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What are the drawbacks of a Home Owners Association dropping liability insurance?
Without liability insurance, should there be any accident on the property, the association will be liable to pay for defending the claim, and potentially the claim for damages.Often the trade-off between liability insurance premiums and the hourly rate for defense attorneys indicate the it's less expensive to pay the liability insurance premiums.Your governing documents will help you define your requirement as an association insofar as carrying liability insurance is concerned. Usually, carrying it is mandatory.
When was National Insurance Association created?
National Insurance Association was created in 1921.
What type of policy is required for a detached unit in a cluster development with a homeowners association?
Your governing documents hold the answer to your question. You can also contact your board and request an answer from the board. Finally, your insurance agent can work with the association's agent, to determine the coverage and policy you need.
Can you insure a condo if there is not longer an association?
If you live in a building made up of condominium units, there must be some legal governing body by way of which all owners share in the ownership of the common areas and limited common areas. Whatever this governing body might be, your governing documents should provide for a master insurance policy. Your insurance broker can help you figure out what coverage is on the building, and so what coverage you are required or advised to buy.
If water damage to condo ceiling is caused by association pipe failure but you do not have homeowners policy will association be liable to pay for repairs?
Whether the association is liable to pay for the repairs depends on the terms of your condo association's governing documents and local laws. Generally, the association may be responsible for damages caused by pipe failure, but it is best to consult with a legal professional or review your association's governing documents to determine the specifics of your situation.
When was Association of Norwegian Insurance Companies created?
Association of Norwegian Insurance Companies was created in 1937.
When did Association of Norwegian Insurance Companies end?
Association of Norwegian Insurance Companies ended in 2000.
When was US Travel Insurance Association created?
US Travel Insurance Association was created in 2004.
What are the laws governing coordination of health insurance benefits?
what are the laws governing coordiantion of benefit in Ohio?
Does condo association pay for repairing mold damage?
It depends on the specific circumstances and the terms outlined in the condo association's bylaws or governing documents. In some cases, the condo association may be responsible for repairing mold damage if it is a result of common areas or shared systems. However, if the mold damage is due to the negligence of a unit owner or resident, they may be held responsible for the repairs. It is best to consult the condo association's governing documents and speak with the association board for specific information.
How do you get insurance for external damage to homeowners association buildings?
Any damage to the association building can be collected through the tenants of the association. The tenants insurance will pay a limited amount for the repairs.
Where can one buy tricare supplemental insurance?
Tricare supplemental insurance may be purchased from the Reserve Officer's Association, MOAA, Marine Corps Association, Air Force Association and the FLEET Reserve Association among others.
