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Typically, courts construe ambiguities in insurance policies in opposition to the insurance firm and in favor of protection under the policy. Stop-loss insurance provides safety towards catastrophic or unpredictable losses. It is purchased by organizations who don't wish to assume 100% of the legal responsibility for losses arising from the plans. Under a stop-loss coverage, the insurance firm becomes liable for losses that exceed sure limits known as deductibles.
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Supplemental natural catastrophe insurance covers specified bills after a pure catastrophe renders the policyholder's residence uninhabitable. Periodic funds are made on to the insured until the house is rebuilt or infostation.ru a specified time period has elapsed. Burial insurance is a very old sort of life insurance which is paid out upon death to cover last expenses, bbs.yongrenqianyou.com similar to the cost of a funeral.
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