Difference between bonded and insured
[DOC File]Liability Insurance
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A named insured's impetus for providing additional insured status to others may be a desire to protect the other party because of a close relationship with that party (e.g., employees or members of an insured club) or to comply with a contractual agreement requiring the named insured to do so (e.g., customers or owners of property leased by the ...
[DOC File]INSURANCE AND INDEMNIFICATION GUIDELINES FOR CITY …
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Insurance policies are contracts between two parties – the insured and the insurance company. Bonds are contracts between three parties – the obligee, the principal and the surety company. The premiums for traditional insurance policies are actuarially determined based on expected losses.
[DOC File]Georgia Department of Education
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BOND DISCOUNT. The difference between the present value and the face amount of bonds when the former is less than the latter. In common usage, the term also often includes issuance costs withheld from the bond proceeds by the underwriter. BOND INDENTURE. A formal agreement, also called a deed of trust, between an issuer of bonds and the bondholder.
[DOC File]Frequently Asked Questions
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What is the difference between “per diem”, “detention”, and “demurrage”? Per Diem. Steamship line container per diem - in addition to rail storage, a steamship line charges per diem on their containers once they have been picked up at the pier/container yard. This can be …
[DOC File]What is Bonding
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Nothing in the agreement between the bonding company and the bonded party shall be construed to free the official or officer from investigating and knowing whether or not his own actions or the statute acted upon or enforced were adequately bonded.
[DOCX File]- Office of the State Auditor
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May 01, 2020 · Determine whether the Treasurer is properly bonded or insured in accordance with Utah Administrative Code – Money Management Council Rule R628-4-4, as follows: Budget. Percent. For Bond. Minimum. Bond. 0 to 10,000. 10,001 to 100,000. ... If any difference arises between …
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