What is the difference between per claim and per occurrence deductible?
What is the difference between per claim and per occurrence deductible?You'd be right if your policy is written with a...
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What is a subsidy example?
What is a subsidy example?Examples of Subsidies. Subsidies are a payment from government to private entities, usually to ensure firms...
What does per person per occurrence mean?
What does per person per occurrence mean?The per-person limit applies to each person injured in an accident. For example, say...
Why are subsidies given?
Why are subsidies given?Subsidy example, purpose: Subsidies help make items of daily needs affordable such as food and fuel, among...
What does per occurrence mean in insurance?
What does per occurrence mean in insurance?Per Occurrence Limit — in liability insurance, the maximum amount the insurer will pay...
Is a subsidy a loan?
Is a subsidy a loan?Subsidized Loans are loans for undergraduate students with financial need, as determined by your cost of...
Does a deductible reduce the limit?
Does a deductible reduce the limit?A Deductible Reduces Your Limit While An SIR Does Not Deductibles and self-insured retentions are...
What is cash subsidy?
What is cash subsidy?The cash subsidy is a direct money transfer to the intended recipient's account or the company by...
What is per occurrence limit in insurance?
What is per occurrence limit in insurance?The per-occurrence limit is the most your insurance company will pay for a single...
What are the 4 main types of subsidies?
What are the 4 main types of subsidies?Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect...
