What clauses of the agreement should you pay attention to?
Three sections in contracts that the client should pay attention to:
It is important for the client to know what he buys and on what terms, but he does not want to spend a lot of time reading the entire contract. Therefore, we provide the privileged sections of the agreement that need to be read *.
The first and most important section is the section on "Insurance coverage". This section describes the risks of direct material damage, which are and are not covered by the Insurer.
The second and no less important section is the section “Procedure for consideration of claims”. The section indicates the rules that must be followed by the Insured / Beneficiary in the event of an insured event.
The third is the "Exceptions" section, which describes the cases in the event of which the insurance company will not make an insurance indemnity.
Другие
Insurance deductibles
We tell what it is, what types of deductibles are and give examples
Description of the type of insurance, example and formula
Incomplete insurance is insurance in which the amount insured is less than the insured value (fair market value). Upon the occurrence of an insured event, the amount of compensation is equal to a share of the amount of the insured amount of the insured value.
