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Slave insurance in the United States became an increasingly significant industry after the Act Prohibiting Importation of Slaves, a federal law which took effect in 1808, prevented any new slaves from being imported to the U.S. [1] Existing slaves, especially skilled workers, therefore became more valuable, and were often rented out to ...
Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions.
For example, with a deductible of 10% with a minimum of $1,500 and a maximum of $5,000, a claim of $25,000 would incur a deductible of $2,500 (i.e. 10% of the loss), and the resulting payment would be $22,500. A claim below $15,000 would incur the minimum deductible of $1,500, and a claim above $50,000 would incur the maximum deductible of $5,000.
Like QSEHRAs, ICHRAs can help reimburse the cost of tax-free health insurance premiums. An ICHRA can help cover the cost of an employee's health insurance premium, and the employee can choose what ...
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
The world's biggest aircraft lessor, Irish-based AerCap, is pursuing its insurance claims through London's High Court, with what its lawyers have described as a "mega trial" due to start in October.
Insurance companies themselves, as well as self-insuring employers, purchase stop-loss coverage for a premium to protect themselves. [1] In the case of a participant reaching more than the specific (or "individual") stop-loss deductible ($300,000, for example), the insurer will reimburse the insured (the company, not the participant) for the remainder of the claim to be paid over that ...
The IRS said it's sending the payments automatically to about 1 million people who filed tax returns and who qualified for the recovery rebate credit yet didn't claim it.