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The term Bermuda Form refers to various types of insurance policy.. In the 1980s, American companies found it increasingly difficult to buy large amounts of casualty (liability) insurance, partly because American courts interpreted policies in ways which gave coverage to policyholders which was wider than the insurers had anticipated, causing insurers large losses particularly in relation to ...
988 (sometimes written 9-8-8) is a telephone number used in some North American (NANP) countries for a suicide prevention helpline. In the United States, it is known as the 988 Suicide & Crisis Lifeline (formerly the National Suicide Prevention Lifeline and the number 1-800-273-8255). In Canada, it is known as the 9-8-8 Suicide Crisis Helpline.
An additional transaction may also be payable to cover e.g. costs for revised insurance documents. Some insurers also use this fee to discourage changes, although few openly admit this. A cancellation is often treated as a special-case MTA, where the cover decreases to zero. Such transactions may attract special fees too.
The new 988 number is meant as an alternative to 911. But how does it work? And is it safe to call?
Story at a glance On Saturday, the new 988 number for the National Suicide Prevention Hotline will become live. Anyone can call or text 988 or use an online chat that needs support for a suicidal ...
The new suicide-prevention and mental-health crisis three-digit phone number 988 is now live in Rhode Island. What you need to know.
An insurer which acts as a "fronting insurer" receives a fronting fee for this service to cover administration and the potential default of the reinsurer. The fronting insurer is taking a risk in such transactions, because it has an obligation to pay its insurance claims even if the reinsurer becomes insolvent and fails to reimburse the claims.
Lighter Side. Medicare