Subsidence
Subsidence is a term used in geology, engineering and surveying to denote the motion of a surface (usually, the earth's surface) downwards relative to a datum such as sea-level. In meteorology, subsidence refers to the movement of air downwards.
Popular Insurance Terms
Amount charged to an insured that reflects expectation of loss for a covered risk; and insurance company expenses and profit. ...
Plan whereby adjustments are made in the premium, as the premium increases to reflect the non proportionate increases in expenses. Generally, the expenses of acquisition costs, ...
Same as term Conditional Receipt: evidence of a temporary contract obliging a life or health insurance company to provide coverage as long as a premium accompanies an acceptable ...
Flat amount added to the basic premium rate to reflect the cost of issuing a policy, establishing the required records, sending premium notices, and other related expenses. ...
Massachusetts commissioner of insurance responsible for the passage of legislation (1861) that guaranteed policy owners of that state equity in the cash value of their life insurance. The ...
Same as term Morbidity Table: umber of individuals exposed to the risk of illness, sickness, and disease at each age, and the actual number of individuals who incurred an illness, sickness, ...
Method of terminating a split dollar life insurance policy in which the company transfers its interest in the life insurance policy to the insured employee. Through such a transfer, the ...
Inland marine policy that covers truck drivers for loss or damage to merchandise they haul. The Interstate Commerce Commission requires this coverage for trucks engaged in interstate ...
Forgery insurance covering securities issues such as stocks and bonds. They protect the issuer of securities against forgery of the securities. ...
Comments for Subsidence
what rights can a owner use to use water from a river or stream
Mar 31, 2019 22:09:01Hi, Vanessa! As you probably know, there are water rights that cover the usage of water. There are riparian rights and littoral rights. If your property has access to a river or stream, you can use the water freely for irrigation or for other purposes as long as the upstream and downstream neighbors are not affected. When a river is the border of your property, you own half of the land covered by the river (half of the river bad), too. The littoral rights refer to waterfront properties that have access to a lake or a sea - in short, navigable waters. Ownership stops at the level of high tide.
Apr 02, 2019 06:21:35Have a question or comment?
We're here to help.