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Under a stop-loss policy, the insurance company becomes liable for losses that exceed certain limits called deductibles.
Surety Bond insurance is a three party insurance guaranteeing the performance of the principal.
Terrorism insurance provides protection against any loss or damage caused by terrorist activities.
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the purchaser and/or mortgagee, free and clear of liens or encumbrances. Variable annuities, by contrast, pay amounts that vary according to the investment performance of a specified set of investments, typically bond and equity mutual funds.
Variable annuities are used for many different objectives. but
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Most insurance companies therefore exclude terrorism from coverage in wind generator kit for home Casualty and Property insurance, or else require endorsments to provide coverage.
Some commercial insurers are offering terrorism insurance, despite inaccurate techniques for modeling the risk. The classic example is death of an insured on a life insurance policy. "They's a picture over to mother's," she said, "that she
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