Asset protection definition

Asset protection means the right extended by 441 IAC 75.5(5) to beneficiaries of certified long-term care insurance policies and certificates to an asset disregard under the Iowa long-term care asset preservation program.
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Asset protection means coverage provided through the Oklahoma Risk Management program.
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Asset protection or “Loss Prevention” means the Asset Protection and/or Loss Prevention Department within 7-Eleven tasked with monitoring franchisees for allegations of fraud, misreporting, or any other untort conduct. Upon information and belief, these are company-specific terms.
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Examples of Asset protection in a sentence

  • Any actions We take in Your name in relation to the Motor Insurance Settlement will not affect the payment of a claim under Your Asset Protection Policy.

  • This Asset Protection policy provides an exceptionally high level of cover and has received the top 5-Star rating by Defaqto, the UK’s leading independent financial services rating agency.

  • It can also refer to a third party, fire and theft motorcycle insurance policy whereby cover under Asset Protection will still be provided against a Total Loss as a result of fire or theft only.

  • Includes sub-limited coverage for dependent business interruption Data Asset Protection: Recovery of costs and expenses you incur to restore, recreate, or recollect your data and other intangible assets (i.e., software applications) that are corrupted or destroyed by a computer attack.

  • Transported Asset Protection Association (TAPA®) is an association of security professionals and related business partners from high technology and high value companies who have organized for the purpose of addressing the emerging security threats that are common to the high value industry supply chain.

  • Moreover, the Asset Protection Costs Sublimit and Reputation Costs Sublimit are part of, and not in addition to, the Limit of Liability.

  • Your Vehicle providing this Asset Protection Policy is purchased within 100 days from the original purchase date of Your Vehicle.

  • Information Asset Protection EBSCO security policies provide a series of threat prevention and infrastructure management procedures, including the following: Incident Management EBSCO has an incident management approach that ensures security issues are handled accordingly.

  • The Policy provides Medi-Cal Asset Protection for each dollar that policy benefits are paid for qualified long-term care or services.

  • A Partnership Policy, in addition to providing qualified long-term care or services, gives You Medi-Cal Asset Protection.


More Definitions of Asset protection

Asset protection means the right extended by sections 17b-252 and 17b-253 of the general statutes to persons purchasing partnership-approved long-term care insurance policies to retain amounts
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Asset protection. We do not require Renters Insurance. We do require a Building and Facilities Fee that is used to protect the community from damage to the property. It protects the property ownership and is not protection for you. If you would like protection for your own personal belongings, you should consider enrolling in Property Protect, our preferred partner for contents only coverage. Or you can obtain your own renters insurance policy from a licensed insurance agent. CE CE Landlord reserves the right to temporarily interrupt utility service to make repairs or do maintenance. Landlord is not liable for other interruptions or malfunction in service of any utility due to any cause. If the interruption results from Xxxxxxxx’s actions, Xxxxxx’s rent may be abated if service is not restored within a reasonable time. Tenant may not occupy the Apartment without electric service.
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Asset protection means appropriate and systematic protection of assets of saving and credit cooperatives.
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Asset protection means the right extended by 441 LAC 75.5(5) to beneficiaries ofqualified approved long-term care insurance policies and certificates to an asset disregard under the Iowa long-term care asset preservation program.
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Asset protection. ENGAGEMENT: D. This engagement is specifically designed to shield assets from frivolous lawsuits or to stop litigation from pursuing the case, due to the costs, taxes, or time, or the myriad of laws protecting the grantor or beneficiary from frivolous lawsuits. All legal issues will be handled by attorneys. A very important issue concerning over-all asset protection, is investment diversification (both domestic and international). Tax deferment will be a key issue concerning the use of fixed accounts and securities structured within an asset protection trust. Because making money, is just as important as protecting it. The Advisor will advise the client on the proper investments for the trust, based on the objectives, needs, and risk tolerances of the Client. There are several ways in which you can protect assets from frivolous lawsuits. These are a few of the better known asset protection tools available; Domestic Contract Trusts, Domestic Family Limited Partnerships, International Grantor's Trusts, Dynasty Trusts, Charitable Remainder Uni-Trusts (CRUTS), etc. The Advisors teax xx lawyers will choose the best asset protection device for your situation. Often a combination of asset protection devices will suit the Clients needs more thoroughly, than the use of a stand alone asset protection device. In addition, the Advisor will perform the due diligence on all banks and insurance companies involved in the asset protection engagement. It will also be the Advisors job to make sure that all reporting requirements are met, so the Client does not fall out of grace with the IRS and Treasury Department. The Advisor will not be responsible in doing the Clients Taxes. It is recommended that a qualified CPA familiar with advanced domestic and international trust taxation be used. The Advisor will introduce a qualified CPA, who is familiar with domestic and international trust taxation to the Client (upon request). If you have a CPA, we'll be happy to explain this complex planning to him. Tax reduction will be one of the main focal points concerning asset protection, since taxes are also a viable threat to your wealth. Asset protection is NOT a device in which to hide money to evade taxation! You are taxed on a world wide income, and all of the required reporting documents must be sent to the IRS, Treasury Department, and Customs. This type of planning will also incorporate long range divorce planning, Medicaid planning, immigration planning, NAFTA & GATT planning, p...
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Asset protection means the right extended to a
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Related to Asset protection

  • Consumer Protection Act means the Consumer Protection Act, No. 68 of 2008 (as amended from time to time).

  • Community protection zone means the area within eight

  • Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.

  • Fair Credit Reporting Act The Fair Credit Reporting Act of 1970, as amended.

  • Data Protection Laws means any law, statute, subordinate legislation, regulation, order, mandatory guidance or code of practice, judgment of a relevant court of law, or directives or requirements of any regulatory body which relates to the protection of individuals with regard to the processing of Personal Data to which a Party is subject including the Data Protection Xxx 0000 and any statutory modification or re-enactment thereof and the GDPR.

  • Data Protection Laws and Regulations means all laws and regulations, including laws and regulations of the European Union, the European Economic Area and their member states, Switzerland and the United Kingdom, applicable to the Processing of Personal Data under the Agreement.

  • Data Protection Law means the applicable legislation protecting the fundamental rights and freedoms of persons and their right to privacy with regard to the processing of Personal Data under the Agreement (and includes, as far as it concerns the relationship between the parties regarding the processing of Personal Data by SAP on behalf of Customer, the GDPR as a minimum standard, irrespective of whether the Personal Data is subject to GDPR or not).

  • Applicable Data Protection Law means all data privacy or data protection laws or regulations globally that apply to the Processing of Personal Information under this Data Processing Agreement, which may include Applicable European Data Protection Law.

  • Family and Medical Leave means a leave of absence for the birth, adoption or foster care of a child, or for the care of your child, spouse or parent or for your own serious health condition as those terms are defined by the Federal Family and Medical Leave Act of 1993 (FMLA) and any amendments, or by applicable state law.

  • Applicable Data Protection Laws means all national, international and local laws, regulations and rules by any government, agency or authority relating to data protection and privacy which are applicable to CPA Global or the Customer, including but not limited to The General Data Protection Regulation (Regulation (EU) 2016/679), (GDPR);