The current cost that losses will be settled based on Actual Cash Value
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Actual Cash Value
All other insurance must be exhausted before the policy applies
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Excess
1. Provides regulatory oversight to FL's financial providers
2. Reports to the FL Service Commission
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Office of Financial Regulation (OFR)
Clause specifies that transferring the policy to another will not be valid unless the
insurer consents in writing
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Assignment
Is a contract where one undertakes to indemnify another or pay a specified amount
determined on contingencies
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Insurance
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Actual Cash Value
All other insurance must be exhausted before the policy applies
, Give this one a try later!
Excess
1. Provides regulatory oversight to FL's financial providers
2. Reports to the FL Service Commission
Give this one a try later!
Office of Financial Regulation (OFR)
Clause specifies that transferring the policy to another will not be valid unless the
insurer consents in writing
Give this one a try later!
Assignment
Is a contract where one undertakes to indemnify another or pay a specified amount
determined on contingencies
Give this one a try later!
Insurance