Personal risk insurance definition

Personal risk insurance means property and casualty insurance that provides:

Examples of Personal risk insurance in a sentence

  • Personal risk insurance (life and income protection) has a long and important history.

  • Our services We are authorised to provide personal advice and dealing services in the following areas: • Superannuation including SMSF • Retirement planning • Portfolio management • Managed investments • Securities (direct shares) • Personal risk insurance Not Independent We do not charge you a fee for our advice on risk insurance policies as we are paid a commission by the product provider.

  • Personal risk insurance has to be “sold not bought” – in general, customers need prompting to put in place the insurance cover, hence there is an “under insurance problem in New Zealand”.

  • Personal risk insurance activities also developed significantly.Total NBI of the Assurances Banque Populaire sector amounted to EUR130 million, compared to EUR124 million last year (up 4%).

  • Personal risk insurance has to be “sold not bought” – in general, customers need prompting to put in place the insurance cover, hence there is an under insurance problem in New Zealand.

  • We welcome all input and recognize some topics take a little more time than others.

  • Personal risk insurance does not include insurance for ‘things’ such as house or car.There is more detailed information on personal risk insurance on the FSC web site at http://fsc.org.nz/Insurance/Personal+Risk+Insurance.html There may be other terms that should be included in this Glossary.

  • As at June 2013, less than 13% of all SMSF trustees held life insurance.Types of Personal Risk Insurance Personal risk insurance usually refers to four types of insurances:• Life insurance;• Total and Permanent Disablement (TPD) insurance;• Income Protection insurance, and• Trauma insuranceLife InsuranceLife insurance pays a lump sum to your beneficiaries in the event of your death.

Related to Personal risk insurance

  • All Risk property insurance on a full replacement cost basis insuring CLEC’s property situated on or within any CenturyLink Premises. CLEC may elect to insure business interruption and contingent business interruption, as it is agreed that CenturyLink has no liability for loss of profit or revenues should an interruption of service occur.

  • Tail risk means a risk that occurs either where the frequency of low probability events is higher than expected under a normal probability distribution or where there are observed events of very significant size or magnitude.

  • Insured Risks means fire lightning explosion earthquake storm tempest flood subsidence landslip heave impact terrorism bursting or overflowing of water tanks and pipes earthquake damage by aircraft and other aerial devices or articles dropped there from riot and civil commotion labour disturbance and malicious damage and such other risks as the Academy Trust insures against from time to time subject in all cases to any exclusions or limitations as may from time to time be imposed by the insurers or underwriters;

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Sum Insured means the sum as specified in the Schedule to this Policy against the name of Insured / each Insured Person, which sum represents the Company's maximum liability for any or all claims under this Policy during the Policy period for the respective benefit(s) against which the sum is mentioned in the Schedule to this Policy.

  • Personal lines insurance means property and casualty insurance coverage sold for primarily noncommercial purposes to:

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • General Liability Insurance Subcontractor shall carry minimum primary General Liability Insurance for the following amounts:

  • Property Insurance is defined in Section 6.10(a).

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Workers’ Compensation As required by any applicable law or regulation. Employer's Liability Insurance: must be provided in amounts not less than listed below: Minimum limits: $500,000 each accident for bodily injury by accident $500,000 policy limit for bodily injury by disease $500,000 each employee for bodily injury by disease

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • operational risk means the risk of loss for the individual portfolio resulting from inadequate internal processes and failures in relation to people and systems of the investment service provider or from external events, and includes legal and documentation risk and risk resulting from the trading, settlement and valuation procedures operated on behalf of the individual portfolio;

  • Professional liability insurance means insurance against legal liability incident to the practice of a profession and provision of a professional service.

  • Minimal risk means that the probability and magnitude of harm or discomfort anticipated in the research are not greater in and of themselves than those ordinarily encountered in daily life or during the performance of routine physical or psychological examinations or tests.

  • First party insurance means an insurance policy or contract in which the insurer

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • windstorm means straight line winds of at least 80 miles per

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Borrower or any of its Restricted Subsidiaries, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of coinsurance in an amount up to $150,000,000) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth herein.

  • Guaranteed automobile protection insurance means insurance offered in

  • fall risk means any potential exposure to falling either from, off or into;

  • Excess insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity