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How might a nondiscrimination policy limit an organization's liability?
Wiki User
∙ 13y ago
Generally, a company or organization's policy against discrimination, especially if embodied in employee handbooks or rules, can act as a shield in the event that it gets sued for discrimination. The organization can minimize it's liability in a lawsuit by proving that it has policies and a grievance machinery that promptly and adequately addresses any employee's complaints or reports of discrimination and is therefore, not negligent.
Wiki User
∙ 13y ago
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What does 'each occurrence' mean?
Each occurence means that the liability limit of your policy doesn't have an accured limit. Every time you have an accident, the policy limits are available (i.e. each occurence).
What does in-force policy limit aggregate mean?
One Insurers total liability of a series of policies owned by the same Individual or Company
Can General Liability Insurance also include Garage Liability Insurance?
Yes it can. In fact, a policy written on a "Garage Liability Form" will show a limit for "Auto" and then also show a limit for "Other than auto". Auto liability is basically due to the fact that the garage will test drive autos while fixing them. Other than auto is the premises or general liability. This shows that garage liability will also include general liability on the declarations page.
Commercial property insurance - application of deductibles - does application of deductibles reduce the limit of liability afforded?
Not sure if you are talking about liability or property. No deductibles apply to liability coverage. Deductibles do not reduce your coverage amount but to get full limits, you would need a loss to exceed you limit by your deductible amount. If you have coverage limit of $100,000 and a $1,000 deductible, your loss amount would have to equal $101,000 or more to receive the full $100,000 limit on your policy
How can you monitor and manage every time a user changes an accounts single purchase limit to be greater than your organizations policy of a 5000 single purchase limit?
How can you monitor and manage every time a user changes an account's single purchase limit to be greater than your organization's policy of a $5,000 single purchase limit
How can you monitor and manage every time a user changes an account's single purchase limit to be greater than your organizations policy of a 5000 single purchase limit?
How can you monitor and manage every time a user changes an account's single purchase limit to be greater than your organization's policy of a $5,000 single purchase limit
How can you monitor and manage every time a user changes an account single purchase limit to be greater than your organizations policy of a 5000 single purchase limit?
How can you monitor and manage every time a user changes an account's single purchase limit to be greater than your organization's policy of a $5,000 single purchase limit
Does car insurance in Virginia pay for power pole in accident?
Provided your premiums have been paid and your policy was in effect at the time of the accident, an automobile's liability coverage will pay for any property damage you do in an accident, even if you run your car into a store front or knock over a power pole. The policy will pay up to the limit of the liability portion of the policy.
What is General Aggregate limit?
On a general liability policy, the general aggregate is the highest amount that will be paid out in a policy period no matter how many claims. For example, you may have a $1 million per occurrence limit which would mean with a $2 million aggregate, you could theoretically have (2) $1 million claims.
Where is the limit of insurance company liability for uninsured motorist coverage listed in the policy?
It would be listed on your declaration page which is mailed to you at each renewal period. Listed first would be your Bodily Injury limits and under that would be your uninsured/underinsured liability if you have it.
What does Aggregate mean in general liability?
In a insurance policy, the limit of liability is often expressed as a value per occurrence and a separate value as an aggregate limit. The policy will pay no more than the per occurrence limit for each covered occurrence Further, the pay no more than the aggregate limit for all claims during the policy period. On an insurance policy it would often be expressed as $1,000,000/$2,000,000 occurrence / aggregate The numbers listed above could be replaced by any other number, however the aggregate limit will never be less than the per occurrence limit. Alternatively, the limit could be split between per claim and aggregate instead of per occurrence and aggregate This has no effect on the meaning of aggregate in the policy. Mark Walters, ARM AAI West Insurance Group mwalters@westagy.com In a nutshell, aggregate means the total paid out for all incidents during the policy period. In the above example you could have 2 claims during the insured period for $1m each but not 3, as 3 x $1m is more than the aggregate limit.
When watching a friends dog it is injured will insurance cover medical expenses?
Domestic animals are not covered under the homeowners policy. As it pertains to a liability situation, a dog would be considered 'property' and the homeowners "damage to property of others" provision in the liability section of the policy applies but only if you were the one who injured the dog, usually with a limit such as $500.
