Which of the following Is Not Part of the Insurance Agreement
1. “Travel expenses with aircraft under contract, leased or chartered” as used in this paragraph include the costs of leasing, chartering, operating (including personnel), maintenance, depreciation, insurance and other related costs. (G) when you switch from one accrual to another, comply with: (2) payments to employees under plans introduced as part of a change (actual or anticipated) in management`s control over the contractor or a substantial portion of its assets for which those employees receive special compensation; which depends on whether the employee stays with the contractor for a while. Useful life refers to the useful life of a tangible capital asset (or group of assets) to its current owner. The period of time can be expressed in units of time or output. The estimated useful life of tangible capital assets (or a group of assets) is an up-to-date forecast of its life and corresponds to the period over which depreciation costs are allocated. 3. The employment contract shall provide for the return to the worker`s place of permanent and principal residence immediately before leaving the contract or to another place at the same or a lower cost; and (5) Costs that are not recoverable under other subsections of this subsection 31.2 are not reimbursable under this subsection 31.205-6 only because they constitute remuneration for personal services. The current case illustrates once again the dangers of the current complex structuring of insurance policies. Unfortunately, the insurance industry has become addicted to the practice of incorporating a condition or exception into policies in the form of a language tower of Babel. We join other courts in condemning a trend that plunges the insured into a state of uncertainty and instructs the judiciary to resolve it. We reaffirm our call for clarity and simplicity in politics, which fulfills such an important public service. [20] (ii) Minor losses such as deterioration, breakage and disappearance of small hand tools that occur in the ordinary course of business and are not covered by insurance are permitted.
Subpart E and Schedule IV of the OMB Uniform Directive at 2 CFR, Part E and Annex IV set out the principles for determining the costs that apply to work performed by not-for-profit organizations (as defined in the OMB Uniform Guidelines in 2 CFR Part 200) under contracts (as well as grants and other agreements) with government. See 31.108 for exceptions to cost principles for not-for-profit organizations. (1) publicly funded educational institutions subject to subsection 31.3; or In the United States, property and casualty insurers typically use similar or even the same language in their standard insurance policies, designed by advisory bodies such as the Insurance Services Office and the American Association of Insurance Services. [31] This reduces the regulatory burden on insurers, as insurance forms must be approved by states; It also makes it easier for consumers to compare policies, but at the expense of consumer choice. [31] As policy forms are reviewed by the courts, interpretations become more predictable as the courts develop the interpretation of the same clauses in the same forms of insurance rather than different policies from different insurers. [32] (2) The property is exchanged in the purchase price of a similar item and the net result is included in the depreciation cost basis of the new item. (8) Costs related to the donation of surplus food to non-profit organizations under the Federal Food Donation Act of 2008 (42 U.S.C. 1792, see subsection 26.4). (ii) In all other situations where the assets accrue to the Contractor or where such assets are received in disguise by the Contractor for any reason, the Contractor shall, at the option of the Government, repay or grant to the Government a loan for its reasonable portion of the gross amount withdrawn. The Government`s fair share reflects the Government`s contribution to pension plan costs through contracts for which certified cost or price data has been provided or which are subject to subsection 31.2. Excise duty on the repatriation or withdrawal of pension plan assets under paragraph (j)(3)(ii) of this subsection is not authorized under paragraph 31.205-41(b)(6).
(2) Paid to unrelated parties, including undertakings, under an agreement concluded for the award of a public contract; or (2) fees that are otherwise permitted under paragraph (a) No. 1 of this article, but to which there is a right to illegality or incorrect valuation; provided that the entrepreneur pays such taxes – However, in recent years, insurers have increasingly modified the standard forms on a company-specific basis or refused to make changes to the standard forms.[33] For example, a review of household content insurance revealed significant differences in various provisions. [34] In some areas, such as directors` and officers` liability insurance[35] and private umbrella insurance[36], there is little industry-wide standardization. (3) If prior agreement is proposed (see 31.109), the following benefits may be taken into consideration: (1) Benefits are allowances and services that the contractor provides to its employees in compensation in addition to regular wages and salaries. Benefits include, but are not limited to, the cost of vacation, sick leave, vacation, military leave, employee insurance, and additional unemployment insurance plans. Unless otherwise specified in subsection 31.2, the cost of ancillary services is permitted to the extent that they are reasonable and required by law, an employer-employee agreement or a specific policy of the contractor. (iv) The contract agent shall consider the eligibility of the costs of compensation under the Guaranty Corporation (PBGC) under Section 4062 or 4064 of ERISA resulting from the termination of a deferred compensation plan for employees on a case-by-case basis, provided that if the insurance was requested by the PBGC under Section 4023 of ERISA, it has been received and the payment of the indemnity cannot be reimbursed under the insurance. In the above circumstances, the main purpose of the review is to assess the extent to which the payment of earnings can be allocated to government work. If there is an advantageous or other just relationship, the government participates in the payment of the compensation to the extent of its fair share, despite the requirements of paragraphs 31 205-19(c)(3) and (d)(3).
Insurance contracts have traditionally been concluded according to each type of risk (risks being defined extremely narrowly), and a separate premium has been calculated and calculated for each. Only the individual risks expressly described or “foreseen” in the policy were covered; As a result, these policies are now described as “individual” or “planned” policies. [13] This system of “named hazards”[14] or “specific hazards”[15] proved untenable in the context of the Second Industrial Revolution, as a typical large conglomerate could have dozens of types of risks to insure against. For example, in 1926, an insurance industry spokesman noted that a bakery would have to take out a separate policy for each of the following risks: manufacturing operations, elevators, teamster, product liability, contractual liability (for a side track that connects the bakery to a nearby railway), spatial liability (for a retail store), and owners` protective liability (for contractor negligence). associated with building changes). ==References== [13] Insurance administration fees are the costs of administering a contractor`s insurance program; (e.B. the costs of operating an insurance or risk management service, the processing of claims, actuarial fees and service fees paid to insurance companies, trustees or technical advisors. .
