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That said, group life insurance often has lower coverage limits than private plans. This is where voluntary (or supplemental) life insurance steps in. It bridges the gap, offering higher limits at ...
Reasonable and non-discriminatory (RAND) terms, also known as fair, reasonable, and non-discriminatory (FRAND) terms, denote a voluntary licensing commitment that standards organizations often request from the owner of an intellectual property right (usually a patent) that is, or may become, essential to practice a technical standard. [1]
Group life insurance is often free due to your employer paying the premiums, but it’s important to note that only the first $50,000 of group coverage is excluded from your taxable income.
A term is a condition (rather than an intermediate or innominate term, or a warranty), in any of the following five situations: (1) statute explicitly classifies the term in this way; (2) there is a binding judicial decision supporting this classification of a particular term as a "condition"; (3) a term is described in the contract as a ...
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
A voluntary group or union (also sometimes called a voluntary organization, common-interest association, [1]: 266 association, or society) is a group of individuals who enter into an agreement, usually as volunteers, to form a body (or organization) to accomplish a purpose. [2]
On February 18, 1997, Marriott International bought the Renaissance Hotel Group N.V. for US$1 billion from NWD. The deal dramatically expanded Marriott's presence in fast-growing Asian markets. [ 8 ] The Marriott announcement came only a few weeks after Renaissance Hotel Group N.V. , tentatively agreed to be sold to rapidly expanding Doubletree ...
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...