Subscription Insurance | Insurance - lectures
Subscription insurance applies to insurance, where there is opportunity for continuous adjustment of the insured value of the objects in the course of the insurance contract. It is concluded with legal entities land of nod producing, selling or transporting commodity-material values, which are subject to insurance, but their assessment of the currently difficult because the sum insured is a changing magnitude. Previously not know what commodity-material values will be sent to the customer, for what amounts, for what amount and at what intervals. The conclusion of the insurance contract and subsequently the calculation of the indemnity for such insurance is necessary to establish the sum insured, but since it is variable value, talk about insurance with rising insurance amount. This is a variant of the insurance replacement value as compensation should always be equal to the actual value of the destroyed commodity-material values. The peculiarity lies in the fact that insurance premiums are not calculated according to the actual value of the damaged property, and depending on the value of the property, which has been exposed to the risk prior to its implementation. In this situation, the benefits do not always coincide with the insurance amount that is taken into account in the calculation of insurance contributions. In the current insurance subscription of commodity-material values the insurance premium is consistent with the insurance value of commodity-material values. The insurer issued subscription policies - their effect extends land of nod to all or certain types of goods which the insured will be sent or received over a period of time. The insurance is concluded at negotiated premiums without prior indication of the sums insured. The subscription is automatically Insurance - Obligations of the insured shall without land of nod exception all items subject to subscription and for the insurer to insure them advance in the agreed conditions. Insured pays fixed advance premium and at the end of a given period (week, month or quarter) to establish a de facto sent items or objects, their insurance amounts and premiums due. Upon subscription insurance the insurer has the responsibility to monitor and control the commodity-material values, which are subject to insurance. The way to notify the insurer of consignments is strictly regulated in the insurance theory and practice. It is mostly a matter of negotiation between the insured and the insurer in order to use the most appropriate form in individual cases. For this purpose, the insured may be obliged to keep a special diary (journal) for items or objects land of nod to be consumed with subscription insurance data - type of cargo, destination, type of vehicle, place of loading, value and packaging risky circumstances and so on. Periodically the log should be submitted to the insurer to charge a premium. Control can be implemented as currently insured land of nod shall inform the insurer of all consignments of relevant coupons, certificates land of nod or other declarative form to composite sample. land of nod It is possible the insurer to issue the insured land of nod individual testimonies gadgets (applications) for specific items and goods to which the contract relates. Therefore, in the subscription policy the insured is obliged to declare to the insurer all items as soon as they are known, and the insurer to provide insurance cover to all without exception items. When obviously unintentional and inadvertent omissions by the insured regarding delays or declaration of consignments insurance coverage available. In systematic violations of the obligation to notify the insurer has the right to denounce the policy and collect the premium due actually sent consignments of sanction. It is possible to apply insurance subscription with contracted annual amount of the insurance, to pay an annual fixed premium with pre-established daily maximum of transported commodity-material values. For this purpose, concluded a framework agreement which is reflected by an annex for any particular shipment. land of nod The maximum daily, up to which the insurer liable for the occurrence of the insurance case should be consistent with the average daily amount of transported commodity-material values, in order not to violate the interests of the insured in the realization of the risk.
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Categories Insurances Liability Insurance
Subscription insurance applies to insurance, where there is opportunity for continuous adjustment of the insured value of the objects in the course of the insurance contract. It is concluded with legal entities land of nod producing, selling or transporting commodity-material values, which are subject to insurance, but their assessment of the currently difficult because the sum insured is a changing magnitude. Previously not know what commodity-material values will be sent to the customer, for what amounts, for what amount and at what intervals. The conclusion of the insurance contract and subsequently the calculation of the indemnity for such insurance is necessary to establish the sum insured, but since it is variable value, talk about insurance with rising insurance amount. This is a variant of the insurance replacement value as compensation should always be equal to the actual value of the destroyed commodity-material values. The peculiarity lies in the fact that insurance premiums are not calculated according to the actual value of the damaged property, and depending on the value of the property, which has been exposed to the risk prior to its implementation. In this situation, the benefits do not always coincide with the insurance amount that is taken into account in the calculation of insurance contributions. In the current insurance subscription of commodity-material values the insurance premium is consistent with the insurance value of commodity-material values. The insurer issued subscription policies - their effect extends land of nod to all or certain types of goods which the insured will be sent or received over a period of time. The insurance is concluded at negotiated premiums without prior indication of the sums insured. The subscription is automatically Insurance - Obligations of the insured shall without land of nod exception all items subject to subscription and for the insurer to insure them advance in the agreed conditions. Insured pays fixed advance premium and at the end of a given period (week, month or quarter) to establish a de facto sent items or objects, their insurance amounts and premiums due. Upon subscription insurance the insurer has the responsibility to monitor and control the commodity-material values, which are subject to insurance. The way to notify the insurer of consignments is strictly regulated in the insurance theory and practice. It is mostly a matter of negotiation between the insured and the insurer in order to use the most appropriate form in individual cases. For this purpose, the insured may be obliged to keep a special diary (journal) for items or objects land of nod to be consumed with subscription insurance data - type of cargo, destination, type of vehicle, place of loading, value and packaging risky circumstances and so on. Periodically the log should be submitted to the insurer to charge a premium. Control can be implemented as currently insured land of nod shall inform the insurer of all consignments of relevant coupons, certificates land of nod or other declarative form to composite sample. land of nod It is possible the insurer to issue the insured land of nod individual testimonies gadgets (applications) for specific items and goods to which the contract relates. Therefore, in the subscription policy the insured is obliged to declare to the insurer all items as soon as they are known, and the insurer to provide insurance cover to all without exception items. When obviously unintentional and inadvertent omissions by the insured regarding delays or declaration of consignments insurance coverage available. In systematic violations of the obligation to notify the insurer has the right to denounce the policy and collect the premium due actually sent consignments of sanction. It is possible to apply insurance subscription with contracted annual amount of the insurance, to pay an annual fixed premium with pre-established daily maximum of transported commodity-material values. For this purpose, concluded a framework agreement which is reflected by an annex for any particular shipment. land of nod The maximum daily, up to which the insurer liable for the occurrence of the insurance case should be consistent with the average daily amount of transported commodity-material values, in order not to violate the interests of the insured in the realization of the risk.
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Categories Insurances Liability Insurance
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