Showing 349–360 of 597 resultsSorted by price: high to low
-
Skill Bit
€ 50.00
This Skill Bit covers essential insurance principles, including unforeseeability, insurable interest, indemnity, contribution, subrogation, utmost good faith, and proximate cause, emphasizing their significance in policy management and claims settlement. The Principle of Unforeseeability ensures coverage for only unforeseeable, accidental losses, while insurable interest requires a financial stake in the insured item to prevent misuse and…
-
Skill Bit
€ 50.00
This Skill Bit outlines key concepts in insurance, including indemnity, which aims to restore the insured’s financial position to pre-loss status by compensating actual losses without profit. It also explains insurable interest, ensuring legitimate coverage, and the onus of proof, which places the responsibility on the insured to provide evidence for their claims to validate…
-
Skill Bit
€ 50.00
This Skill Bit offers a clear explanation of the principle of utmost good faith, a fundamental tenet of insurance contracts that ensures transparency and honesty between parties. It highlights the insured’s crucial duty of disclosure, emphasizing the importance of providing complete and accurate information to maintain the integrity of the insurance agreement. Duration approx. 3…
-
Skill Bit
€ 50.00
This Skill Bit highlights the importance of insurance coverage during construction warranty periods, protecting against defects and material deficiencies. It covers strategies for navigating policy terms to ensure effective risk management. Additionally, it explores Delay in Start-Up (DSU) insurance, essential for mitigating financial losses due to project delays, and delves into the concept of DIC…
-
Skill Bit
€ 50.00
This Skill Bit explains the importance of understanding limited defects coverage in insurance policies, which may leave repair costs uncovered for post-policy defects. It discusses solutions like negotiating additional coverage or obtaining separate defects liability policies. Additionally, it explores Engineering All Risks (EAR) and Warranty policies that offer comprehensive coverage for construction-related risks, emphasizing the…
-
Skill Bit
€ 50.00
This Skill Bit outlines key aspects of property damage insurance, which protects physical assets from damage due to fire, theft, vandalism, and natural disasters, including business interruption coverage for lost income. It emphasizes the claims process, requiring evidence of damage for insurer investigation. Additionally, it covers defects insurance for builders, addressing structural damage and faulty…
-
Skill Bit
€ 50.00
This Skill Bit explores key concepts in property damage insurance, including indemnity, which entitles the insured to replacement costs for damaged property regardless of its previous condition. It also covers subrogation, allowing insurers to recover costs from liable third parties, and subrogation waivers, which prevent insurers from pursuing compensation. Additionally, it explains deductibles, the initial…
-
Skill Bit
€ 50.00
This Skill Bit covers essential soft costs in insurance, including engineering, financing, and legal fees, which are crucial for comprehensive coverage during property restoration. It also addresses business interruption insurance that compensates for lost income and expenses due to disruptions. Additionally, it highlights the importance of understanding agreed cap amounts, which denote maximum payouts for…
-
Skill Bit
€ 50.00
This Skill Bit explains replacement cost, and the expense of replacing damaged property with new items of similar quality, and emphasizes the need for policyholders to review insurance terms carefully. It also covers debris removal costs post-incident, typically included in property insurance, and highlights various other property-related costs that insurance may cover, ensuring financial protection…
-
Skill Bit
€ 50.00
This Skill Bit covers essential components of insurance policies, highlighting the various items they cover, including replacement costs, debris removal, and business interruption expenses. It explains that defense expenses cover legal costs in liability policies, ensuring effective claim management. Additionally, it emphasizes the timely claims payment requirement, which mandates insurers to process claims promptly, protecting…
-
Skill Bit
€ 50.00
This Skill Bit outlines common exclusions in insurance policies. It highlights that damages from nuclear reactions, chemical releases, biological hazards, and asbestos exposure are excluded due to their high-risk nature, protecting insurers from catastrophic losses. Additionally, mold, mildew, and rust are often excluded because they result from gradual processes. Normal settling of a building’s foundation…
-
Skill Bit
€ 50.00
This Skill Bit covers key exclusions in insurance coverage. It emphasizes that deliberate damage by the insured is not reimbursed, preventing fraudulent claims. Failure to protect damaged property post-incident also leads to exclusions, requiring policyholders to take reasonable precautions. Additionally, employee dishonesty is excluded from standard policies but can be covered through fidelity bonds. Finally,…
