What is an insurance liberalization clause?

Answer If you have purchased property and casualty insurance recently, your agent may have told you that your policy contains a liberalization clause. While not many people know what this clause means, it... Read More »

Top Q&A For: What is an insurance liberalization clause

What Is an Insurance Margin Clause?

An insurance policy may include an insurance margin clause. This stipulation plays a part in determining any payout made on the policy. It is not always a beneficial feature to have.

What is Condominium Insurance Severability Clause?

Condominium boards are most properly insured with directors and officers insurance -- which best practices recommend, and which may be required by your governing documents. One of the situations co... Read More »

The Suicide Clause and Life Insurance Policy?

A person who becomes depressed may consider taking her own life to leave her loved ones with the benefits from a life insurance policy. In some situations, a life insurance policy's suicide clause ... Read More »

What is definition of sunset clause in liability insurance policy?

It has to do with time limits where the policyholder can to bring a claim to the insurance company. Please see related link below!