Archive for April 2011
AIA Insurance Commercial – Banned from TV!
AIA Insurance Commercial banned from TV for sending the wrong message…
Liability Insurance in International Arbitration: The Bermuda Form (Second Edition)
This is the second, revised edition, of what has become and was described by the UK’s Court of Appeal in C v D as the standard work on Bermuda Form excess insurance policies. The Form, first used in the 1980s, covers liabilities for catastrophes, such as serious explosions or mass tort litigation, and is now widely used by insurance companies. It is unusual in that it includes a clause requiring disputes to be arbitrated under English procedural rules in London but, surprisingly, subject to New York substantive law. This calls for a rare mix of knowledge and experience on the part of the lawyers involved, each of whom will also be required to confront the many differences between English and US legal culture. A related feature of the Bermuda Form is that the awards of arbitrators are confidential and not subject to the scrutiny of the courts. Therefore, while many lawyers have been involved in litigating on the Form, their knowledge remains locked away. The Form is thus not well understood, a situation not helped by the lack of publications dealing with it. Accordingly, those required to deal with the Form professionally are confronted with a lengthy and complex document, but with very little to aid their understanding of it. This unique and comprehensive work offers a detailed commentary on: how the Form is to be construed, its coverage, the substantive law to be applied, the limits of liability, exceptions, and, of course, the procedures to be followed during arbitration proceedings in London. The book will prove invaluable to lawyers, risk managers, and executives of companies which purchase insurance on the Bermuda Form, as well as clients, lawyers, or arbitrators involved in disputes arising therefrom.
Liability Insurance in International Arbitration: The Bermuda Form (Second Edition)
Liaison International Insurance
Foreign travelers visiting the United States can find coverage for medical expenses through Liaison International Insurance. If you are unfamiliar with the health care system in the United States you might not know just how expensive medical care for emergencies or injuries will cost. American citizens and visitors alike are subject to very high health care costs when not insured. Fortunately Liaison International Insurance is available to Americans traveling abroad or other foreign travelers coming to the United States. Here we look more closely at the coverage provided by this visitors medical insurance policy.
Liaison International Insurance is available to all individuals and their family members who are traveling outside of their home country. The term ‘home country’ describes the country in which your primary residence is located. This insurance policy is administered by Seven Corners. Family members include the members spouse and children who are at least 14 days old and 19 years of age. Children under the ago of 19 years who are married are not eligible for coverage under their parents plan. In order to be eligible for Liaison International Insurance you must purchase the policy within 18 months of arriving in the United States. This policy is good for people who are uncertain how long they will remain in the United States as the plan is renewable if the initial enrollment period was at least three months in length. The policy can then be extended up to six months (continued coverage available up to twelve months) in monthly increments with up to one million dollars in benefits. Any persons over the age of 80 years will have limited coverage not to exceed $15,000. Insured individuals may select a deductible ranging from zero dollars up to two thousand five hundred dollars per injury or sickness. It is important to read the policy terms carefully as this insurance is restricted in certain states.
Liaison International Insurance Benefits
The following benefits are provided when you purchase Liaison International Insurance.
Acts of terrorism (CT, DC, LA, MD, ME, NC, NH, NY, OR, and WA are not included)
Return of mortal remains
Return of minor children
Emergency medical evacuation
Home country coverage
Assistance services
Trip Interruption
Lost luggage (checked)
Local ambulance costs
Common carrier accidental death
Hospital indemnity
Follow me home coverage
Hazardous sport coverage (additional cost)
Whenever you purchase visitors medical insurance it is important you understand not only the terms and benefits associated with the policy but also the date the policy goes into effect as well as expiration dates. If you find yourself in a position where you require emergency medical care outside of this date range you will be responsible for all costs incurred. Liaison International Insurance is effective from the date you leave your home country, the date the application is received and accepted or the date requested on the application. Expiration dates may fall on the date you arrive back in your home country, when paid coverage expires or when the individual is no longer eligible for coverage. As with any other insurance policy foreign travelers are encouraged to carefully read and understand all terms, exclusions and costs prior to committing to Liaison International Insurance.
Originally published here.
Kane Michaels