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In some cases, your employer may expect to receive hefty benefits from double indemnity life insurance clauses.
These can conflict with opposite provisions in other policies, leading to mutual repugnance of the Other Insurance clauses.
The mortgages that were underwritten by the federal government during this time included an insurance clause as a means of protecting the banks and lending institutions involved against avoidable losses.
He said an aide, Tara Geter, had signed the contract with City College's Evening Student Government for him and had not told him about the insurance clause.
Because these policies are fully paid at inception, they have no financial risk and are liquid and secure enough to be used as collateral under the insurance clause of collateral assignment.)
To the Editor: On war exclusions in life insurance policies ("Insurance Clause," letter, Dec. 12): If you have a policy, chances are there is no war exclusion for your basic coverage, but there probably is one for any accidental death benefit.
Sometimes the insured risks are stated to be: fire and such other risks as the Landlord may from time to time deem it desirable to insure against This is clearly inadequate as there is an interrelationship between the insurance clause, the tenant's repairing covenant and the proviso for suspension of rent.