What Do I Need To Know About Watercraft Insurance?
You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other watercrafts can be large investments, and like any good investment they should be insured. Also protect yourself in case of accidents with good liability coverage.
Popular Insurance Questions
Popular Insurance Glossary Terms
Combination of the federal estate tax and the federal gift tax. ...
Same as term Convention Examination: audit of the convention blank (NAIC Statement Blank) every third year as to all of the financial activities of a company; company claim practices; and ...
Underwriting practice involving regular review of insurance contracts in force with the intent of either canceling a policy or not offering renewal for risks no longer deemed acceptable. ...
Recipient of an indemnity. Indemnitor provider of an indemnity payment. ...
Clause found in an annuity contract that enables the owner of that contract to withdraw his or her money without surrender penalties, if the annual interest rate is lowered below a certain ...
Provision in a marine insurance policy in which agreement has been reached between the insured and the insurance company concerning the worth of the property that is to be covered under the ...
Annuity that continues income payments as long as the annuitant lives, ceasing upon the individual's death. ...
Of four SEC divisions that regulates the securities markets and the participants within these markets. ...
Maximum age of an applicant or insured beyond which an insurance company will not initially underwrite a risk or continue to insure it. For example, under some forms of renewable term life ...
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