Top 8 Warranty Insurance Definition

Table of Contents

1 Buy-side warranty and indemnity insurance

Author: nortonrosefulbright.com
Published Date: 01/04/2022
Review: 4.82 (887 vote)
Summary: Warranty and indemnity (W&I) insurance provides cover for losses arising from a … It is important to review the definition of ‘Knowledge’ in the SPA as,
Matching search results: There are a number of legal issues that should be addressed when considering buy-side insurance. W&l insurance is designed to cover unexpected issues that arise after a deal has completed; however, this assumes that the buyer has performed …
Source: 🔗

Author: hiainsurance.com.au
Published Date: 06/21/2022
Review: 4.61 (466 vote)
Summary: Home Warranty Insurance1 can provide cover to a homeowner (and any subsequent owner) in cases where contracted building work isn’t completed, or the builder
Matching search results: There are a number of legal issues that should be addressed when considering buy-side insurance. W&l insurance is designed to cover unexpected issues that arise after a deal has completed; however, this assumes that the buyer has performed …
Source: 🔗

Author: biba.org.uk
Published Date: 07/19/2022
Review: 4.43 (261 vote)
Summary: · Insurance warranties may consist of undertakings that certain things shall be done (waste removed from premises daily) or things shall not be
Matching search results: The Insurer will not exercise its right to avoid this policy on the grounds of any alleged non-disclosure or misrepresentation of facts or alleged untrue statements in any information supplied to it, provided that the Insured shall establish to the …
Source: 🔗

Author: legalserviceindia.com
Published Date: 11/30/2021
Review: 4.22 (263 vote)
Summary: According to Dr. Clarke, the common definition of warranty in insurance law is said to be that of Lord Goff, i.e. “a warranty is any term of an insurance
Matching search results: The Insurer will not exercise its right to avoid this policy on the grounds of any alleged non-disclosure or misrepresentation of facts or alleged untrue statements in any information supplied to it, provided that the Insured shall establish to the …
Source: 🔗

Author: stibbe.com
Published Date: 08/17/2022
Review: 4.1 (402 vote)
Summary: · Insurers will usually consider the scope of the due diligence (and limitations) when defining the insurance coverage. Areas that were not
Matching search results: Insurance contracts will exclude certain risks from the coverage. Examples include known issues (which make it complicated to obtain coverage for specific indemnities), certain environmental risks, issues that arise between signing and closing and …
Source: 🔗

Author: britannica.com
Published Date: 09/26/2022
Review: 3.93 (418 vote)
Summary: Other articles where express warranty is discussed: warranty: Express warranties: Under the UCC, a seller creates an express warranty by any promise,
Matching search results: Insurance contracts will exclude certain risks from the coverage. Examples include known issues (which make it complicated to obtain coverage for specific indemnities), certain environmental risks, issues that arise between signing and closing and …
Source: 🔗

Author: content.naic.org
Published Date: 02/15/2022
Review: 3.67 (482 vote)
Summary: This page provides a glossary of insurance terms and definitions that are commonly … Warranty insurance generally protects consumers from financial loss
Matching search results: Standard Risk – a person who, according to a company’s underwriting standards, is considered a normal risk and insurable at standard rates. High or low risk candidates may qualify for extra or discounted rates based on their deviation from the …
Source: 🔗

Author: irmi.com
Published Date: 12/19/2021
Review: 3.4 (245 vote)
Summary: Warranty — (1) A guarantee of the performance of a product . Product warranties are included within the definition of the named insured’s product in general liability policies. (2) A statement of fact given to an insurer by the insured concerning the insured risk which, if untrue, will void the policy
Matching search results: Standard Risk – a person who, according to a company’s underwriting standards, is considered a normal risk and insurable at standard rates. High or low risk candidates may qualify for extra or discounted rates based on their deviation from the …
Source: 🔗