Golfers Equipment Insurance
Coverage for golf clubs and golf equipment on an all risks basis subject to exclusions of wear and tear, war, and nuclear disaster. Location of coverage is a clubhouse locker or any other building used in golf activities. For example, if a golfer's clubs were in the locker in the clubhouse and they were stolen, the golfer would be indemnified. There is usually no coinsurance requirement, and coverage is provided on a replacement cost basis.
Popular Insurance Terms
Restriction on the benefit that owners and other highly compensated individuals may receive from a qualified pension or other employee benefits. The U.S. Tax Code requires that benefits ...
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Interest of a beneficiary in the proceeds of a survivorship annuity. ...
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Increases (decreases) in capital assets (such as stocks and bonds) between the date of purchase and the date of sale. ...
Act by a company that authorizes an agent to act on its behalf. ...
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