Due Caredue Diligence


Definition of "Due care/due diligence"

Tina Dillon, GRI real estate agent
Tina Dillon, GRI Realty USA

Assurance by the agent that the recommended insurance plan for the client is suitable for that client's specific needs. This assurance is derived from a careful analysis by the agent of the insurance company's financial strength, the accuracy of the policy illustrations, and the treatment of its previous and current policy owners.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Currently Insured

Under social security, workers who have at least six quarters of earnings of adequate amount to qualify for credit of the last 13 quarters prior to th ...

Personal Financial Inventory

Detailed descriptive list made available to the survivor (s) of the insured showing: attorney, accountant, insurance agent, and location of important ...

Travel Accident Insurance

Special-purpose health insurance policy that covers an insured for accidents while traveling. The policy may cover the insured for one specific trip o ...

Statement (insurance Company To Insured)

Annual report to policyholders of certain cash value life insurance products and annuities to inform them of the value of the investment portion of th ...

Conversion Factor For Employee Contributions

Inverse of the actuarial present value of a life annuity, taking the employee's life expectancy into account, to commence income payments at the norma ...

Valuation Premium

Life insurance rate determined by the valuation of company policy reserves. State regulators set strict standards for policy reserves to make certain ...

Popular Real Estate FAQ

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

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 water ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House DIY Home Improvement to Increase Your Home Value Moving Tips: House Relocation Stress Free Increase Your Home Value With These Home Improvement Ideas Down Payment: Everything You Wanted to Know

FAQ

Do you have any tips to help me manage my investing? What are the Benefits of Liability Insurance? What should I do if I'm in an accident? What is a FHA mortgage? What is a closing?