What is the definition of occurrence in insurance?
Understanding Occurrence Policies Liability insurance policies generally fall into one of two categories: Claims-made or occurrence. In insurance, an occu...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
How are credit default swaps created?
To swap the risk of default, the lender buys a CDS from another investor who agrees to reimburse the lender in the case the borrower defaults. A credit de...
Read More →Which insurance company is best for agents?
List of few top General insurers: Bajaj Allianz General Insurance Co. Ltd. ICICI Lombard General Insurance Co. Ltd. IFFCO Tokio General Insurance Co. Ltd....
Read More →What an employee terminates coverage under a group insurance policy coverage continues in force?
Other-insured rider. The type of insurance offered by this rider is usually term insurance, with the right to convert to permanent insurance. When an empl...
Read More →Can my ex husband keep me on his insurance?
Unfortunately, no. This can be a stipulation in a child custody or child support agreement following a divorce, but as for spousal support, your ex-husban...
Read More →What does homeowners personal property cover?
Personal property is the stuff you own — furniture, electronics and clothing, for example. Whether you own a home or rent an apartment, insurance policies...
Read More →How do I notify NC DMV of insurance change?
Call the NCDMV Customer Contact Center at (919) 715-7000 from 8 a.m. and 5 p.m. on weekdays to confirm that NCDMV has received this form. Note: To avoid a...
Read More →How do you determine which dental insurance is primary and which is secondary?
The general rule is that the plan that covers you as an enrollee is the primary plan and the plan that covers you as a dependent is the secondary plan. Fo...
Read More →What is the main purpose of marine insurance?
Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between t...
Read More →Do students pay less for car insurance?
The cost of car insurance for students is generally higher than average, as most student drivers are under the age of 25 and are considered to be more of ...
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