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In an insurance policy, the deductible (in British English, the excess) is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses. [1] In general usage, the term deductible may be used to describe one of several types of clauses that are used by insurance companies as a threshold for policy payments.
As of January 2020, self-employed National Insurance Contributions (NICs) will be categorised as Class 2 when profits are between £6,365 and £8,631.99 a year. If a self-employed worker earns £8,632 or more a year they will be categorised as Class 4. Class 2 contributions are charged at £3.00 per week and are usually paid by direct debit. [18]
The naming procedure for large numbers is based on taking the number n occurring in 10 3n+3 (short scale) or 10 6n (long scale) and concatenating Latin roots for its units, tens, and hundreds place, together with the suffix -illion. In this way, numbers up to 10 3·999+3 = 10 3000 (short scale) or 10 6·999 = 10 5994 (long scale
British Insurance Services is an insurance provider based in Southport, Merseyside, offering payment protection insurance and home insurance. The company is an online -only insurance provider which sells its policies independently of loan providers. [ 1 ]
The Good Law Project questioned the awarding of PPE contracts worth over £250 million to Michael Saiger, who headed an American jewellery company and had no experience in supplying PPE; [19] the contracts involved a £21 million payment to intermediary Gabriel González Andersson. [20]
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Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
Housing Benefit reforms will introduce a maximum payment of £400 per week. This would save £1.8bn p.a. A new medical assessment for Disability Living Allowance will be introduced from 2013. Heavy Industrial Plant Grants will rise from 10% to 11% of the purchase price for small business. The Queen's civil list payment remained frozen at £7.9 ...