Insurence

Insurance Requirements

Contractor's Public Liability and Property Damage Insurance Contractor's Liability Insurance shall be purchased and maintained by the contractor to protect him from claims for damages because of bodily injury, including death, and from claims for damages, other than to the work itself, to property which may arise out of or result from the contractor's operation under the agreement, whether such operations be by himself or by any or anyone directly or indirectly employed by any of them. The insurance shall name the City of Pittsfield as an additional insured and shall be written for not less than $500,000 each person, $1,000,000 each occurrence for bodily injury, and $500,000 each occurrence...

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Corona Kavach Vs Corona Rakshak: 7 differences between COVID-19 health insurance plans - The Financial Express

The biggest difference is that in Corona Kavach Policy only the hospital bill gets reimbursed but in Corona Rakshak Policy, the 100 per cent of the sum insured is paid to the policyholder. IRDAI had recently mandated insurance companies to offer short-term health plans that will cover hospitalisation expenses related to the treatment of COVID-19. This will help individuals buy specific health cover for meeting hospital costs due to coronavirus. Both Corona Kavach Policy and Corona Rakshak Policy are health insurance plans meant for Covid-19 related hospital expenses. There are at least two benefits of such exclusive COVID-19 health plans: i) The no-claim bonus on existing health insurance...

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Boston University Gives PhD Students A Choice: Come Back To Campus Or Lose Your Health Insurance And Salary

https://www.wgbh.org/authenticate/login Doctoral students at Boston University could be forced to take a leave of absence and lose their health insurance if they do not comply with new guidelines requiring them to return to campus in the fall. The guidelines, announced on Friday, mandate that “continuing students with teaching service appointments for fall 2020 who are unable to return to Boston University by September 1 should be expected to take a leave of absence,” according to a memo released last week by University Provost Jean Morrison and Associate Provost for Graduate Affairs Daniel Kleinman. “Alternatively, at the discretion of the program and school/college, the student may attend...

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Cigna, Oscar offer insurance plan to help small businesses maintain productivity, Employee Benefit News

Cigna, Oscar offer insurance plan to help small businesses maintain productivity Small businesses have lost a lot to COVID-19 — including revenue and employees — but two large companies don’t want quality health insurance to be another loss for them to bear. Health insurance companies Cigna and Oscar teamed up to create a new product for small businesses, called Cigna + Oscar. It will be available to small businesses in Atlanta, the San Francisco Bay Area and Tennessee in the fourth quarter of this year, should it meet all regulatory requirements. “Small businesses are the lifeblood of the U.S. economy and have been significantly challenged by the COVID-19 pandemic,” says Chelsea Cooper,...

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Everything you need to know about travel insurance, ,

If you're like me, you've had to cancel your summer vacation and it's still not clear when you'll feel safe enough to hit the road again. Travel insurance is something that you might not have thought about before but now it seems more important than over. To discuss the ins and outs of travel insurance, we spoke with AAA Travel Insurance Manager Mike Rhead. Note that some travel insurance policies don't cover pandemics or other natural disasters. These exclusions, often called Force Majeure' clause (French for “superior force”), won't necessarily cover natural disasters like pandemics, storms, floods, earthquakes and extreme weather conditions. Check to see what your plan covers. Q: What...

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AM Best to Host Webinar on the State of the Italian Insurance Market, Business Wire

LONDON--( BUSINESS WIRE )--AM Best will host a complimentary webinar on Thursday, July 2, 2020, at 16:00 (CEST), Milan. How does AM Best, the credit rating agency, specializing in the insurance and reinsurance sector, view the development of the Italian insurance industry? How does COVID-19 affect the outlook of the industry, given its long-term trends? The Italian economy is forecast to experience a severe contraction in 2020 because of the measures put in place by its government to contain the effects of the COVID-19 pandemic. This would likely have a negative impact on premium levels in the non-life insurance segment. As for the life segment, earnings will be affected by volatility in...

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How can insurance companies stay relevant in times of Covid-19? - The Financial Express

The Coronavirus pandemic has impacted almost all industries across the world, including the insurance industry. This has forced insurance companies to take multiple steps to stay relevant in these challenging times. The Coronavirus pandemic has impacted almost all industries across the world, including the insurance industry. This has forced insurance companies to take multiple steps to stay relevant in these challenging times. According to a PwC India report on the impact of Covid-19 on the Indian insurance industry, while reduced cash flows due to the financial impact of COVID-19 will deter insurance companies from investing significantly, there are some areas where they could consider...

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Agritask Expands Its Digital Agricultural Insurance Platform in Southern Africa by Partnering With Hollard Mozambique

TEL AVIV, Israel and MAPUTO, Mozambique, June 24, 2020 /PRNewswire/ -- Agritask, a leading global developer of a holistic agronomic operations platform, and Hollard Mozambique, a premier insurance group in Mozambique, announced today the partnership to provide digital solutions to local stakeholders offering crop insurance for farmers in their respective value chains. To enable the use of high-resolution data at a national scale, the platform creates a village-based geographical clusterization for the whole country and will integrate additional data layers used to enhance risk assessment. Insured farms will be registered and mapped onto the platform, offering the real-time tracking of...

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Types of Insurance On The Market - All About Insurance

The Different Types of Insurance in The Market There are so many different types of insurance policies you can now buy. If you want to your car to be covered in case of an accident you can do so if you want the people inside the car covered in case of an accident that can also be arranged, even if you want a particular body part covered! https://www.kniftrygghet.no/ In this article, I want to shed some light on the common types of insurances available for you and your family. We all have accidents, in fact, you have probably had a few already today. Perhaps you hit your toe on the coffee table of accidentally dropped your toothbrush in the sink. Yes, these are all simple accidents that do...

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Audit Senior Associate - Insurance - London job with PWC, Guardian Jobs

Audit Senior Associate - Insurance - London A career in our Financial Services Audit practice, within External Audit services, will provide you with the opportunity to provide a range of Assurance services and business advice to a variety of clients from small, fast growing clients to large entities. Our clients are often well known brands and many have broad international reach. We focus on using the latest technology to reduce the level of manual testing ensuring you’ll focus on the most valuable areas of client service and on enhancing corporate governance and the reliability of our clients’ information. Our team helps financial organisations navigate regulatory complexity while...

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