Category: Insurance
Waiver of subrogation in Insurance
Subrogation: When an insurance company keeps a right to legally pursue a third party (who was at fault) that can cause a claim loss to the insured, this is called as subrogation. Most of the time, an individual insurance company
What is LightningAlert in LWC
LightningAlert is a new feature that comes in the summer 22 release. Chrome and Safari decided not to support window.alert so salesforce provides an inbuilt feature called LightningAlert. To use this feature first, we need to import LightningAlert. Example:
Difference Between Limit of Insurance and Limit Of Liability
Limit of Insurance: It is the Maximum amount of money insurance companies will pay against your claim. It is the most important aspect when choosing your Insurance. If you exceed the insurance limit you will be responsible for paying those
Celery Broker
A celery broker is an intermediary between a producer and a consumer of messages in a distributed system. It acts as an intermediary to facilitate communication between the two parties. Celery brokers are usually used with message queues, such as
Features of Celery
Celery has a handy structure that reduces the production load using delayed tasks while preparing asynchronous and planned jobs. These are some important features of Celery. Simple: Celery is easy to maintain and use and it does not require configuration
Watercraft Insurance and their types
What is Watercraft Insurance? Watercraft insurance mainly contained three types of insurance services personal watercraft insurance, boat insurance, and yacht insurance. If there is any damage that occurred in the water vehicles having a horsepower of at least 25 miles
What does Guest Liability mean in Insurance?
Guest liability is an add-on coverage taken by the owner of a home in their insurance policy that will cover the medical expenses incurred on guests on your property when the guest accidentally got injured. This type of coverage can
What does Guaranteed Benefit mean in Insurance?
To understand ensured term life insurance, one must first understand term life insurance. A term insurance policy is a particularly designed life insurance strategy that provides financial stability to a person’s family in the event of any unanticipated events. An
Relationship of ACV to Depreciation and what does the term Blue Book Value mean?
Introduction Actual cash value (ACV) is the fair market value that an insurance company would typically pay after determining its replacement cost and subtracting factors such as depreciation and wear and tear of the vehicle. In financial terms, ACV is