A contractors insurance policy may have more than one party named as insured. In such cases, the first named insured attends to policy “housekeeping,” i.e., pays premiums, initiates (or receive notice of) cancellation, or calls for interim changes in the contract. This is spelled out in commercial policies in the “common policy conditions.”

Public liability policies routinely exclude coverage for damage to property in an insured’s care, custody, or control. This leaves a big gap in a tenant’s coverage, a gap partially filled by an exception in the commercial general liability policy that restores limited coverage for fire damage to the landlord’s building.

Excess or Surplus Lines market is the range of insurance available through non-admitted insurers, i.e., contractors insurance companies that are not licensed in a particular state or territory. Specific provisions of state or territorial law control placements.

According to the office of the Surgeon General, tooth decay is five times more common than asthma and seven times more common than hay fever. Parents should speak to their pediatricians to learn more about how their child’s oral health can affect their overall health. With the help of a dentist, parents can take a few simple steps to introduce healthy oral hygiene habits to their children’s at a young age and help protect their teeth.

Excess Insurance Coverage is applied on top of underlying insurance that is primary, i.e., that pays until its coverage limit is exhausted at which point the excess coverage takes over.

Errors and Omissions (E&O) Coverage for liability resulting from errors or omissions in the performance of professional duties. Applicable as a general rule to professional business activities such as banking, accounting, law, insurance and real estate. Contractors insurance brokers are required to carry this type of coverage.

Earned Premium is the amount of the premium that as been paid for in advance that has been “earned” by virtue of the fact that time has passed without claim. Company fees and State Tax & Stamp Fees are fully earned at inception.

A study done by MetLife reveals many parents are not following recommended guidelines for brushing, flossing, and other dental care habits for optimal pediatric oral health. The report goes on to state that 23% of surveyed parents, have been told by a dentist or hygienist that their child was at risk for tooth decay. That nearly half (47%) of the parents surveyed have not spoken to their pediatrician about their child’s teeth and that they may not be making the connection between their child’s oral health and their overall health care. According to the study, 42% of respondents report that their child’s teeth or gums are brushed once a day or less, and nearly half, 45%, say their child’s teeth are never flossed.

Cross Liability Coverage is when an event of claim by one insured for which another insured covered by the same policy may be held liable, this endorsement covers the insured against whom the claim is made in the same manner as if separate policies had been issued. However, it does not operate to increase the insurance company’s overall limit of liability.

Creditable coverage is a term which means that benefits provided by other drug plans are at least as good as those provided by the new Medicare Part D program. This may be important to people eligible for Medicare Part D but who do not sign up at their first opportunity because if the other plans provide creditable coverage, plan members can later convert to Medicare Part D without paying higher premiums than those in effect during their open enrollment period.

A Deductible is the amount of loss that the insured pays before the insurance benefits kicks in.

A Construction bond is a bond that guarantees the owner of a building under construction that it will be completed. If the contractor cannot finish the work, the insurer is obligated to see that the work is performed.

Contractual Liability Coverage is common in construction and other agreements (written or oral) for one party to “assume” the liability of another. This is sometimes referred to as a “hold harmless” agreement. The extent to which one holds another harmless varies from contract to contract, job to job, etc. To assume the liability of another, regardless of extent, is a voluntary undertaking which increases your exposure to loss. A standard Commercial General Liability policy does cover this additional exposure subject to certain exclusions.

Smokers are four times more likely to have poor oral health. Smoking linked to poor oral health. According the report put out by the National Center for Health Statistics, not only are smokers four times more likely as those who have never smoked to have poor oral health status, but they are twice as likely to have had three or more oral health problems.

Completed Operations Liability Coverage, is a form of contractors liability insurance provides coverage for bodily injury and property damage rising from completed or abandoned operations, provided the incident occurs away from premises owned or rented by the insured. Operations are deemed completed at the earliest of the following items:

• When all operations to be performed by or on behalf of the insured under contract have been completed.
• When all operations to be performed by or on behalf of the insured at the site of the operations have been completed.
• When the portion of work out of which injury or damage rises has been put to its intended use by a party other than the contractor or sub-contractor.

A written description of contractors insurance in effect as of the date and time of the certificate. The certificate does not ordinarily confer any rights on the holder, i.e., the issuing insurer does not promise to inform the holder of change in or cancellation of coverage.

Cosmetic Dentistry and how it can help your smile. Having cosmetic dentistry services is not just for celebrities and or the wealthy. With cosmetic dentistry going mainstream, Just about every dentist does at least some cosmetic dentistry procedures. Cosmetic dentistry can help from subtle changes to major oral surgery, there are a host of cosmetic dentistry techniques that can treat teeth that are discolored, chipped, misshapen, or missing. Talk to your dentist to see what is best for you and your dental needs.

Builder’s Risk indemnifies for a loss of or damage to a building under construction. Insurance is normally written for a specified amount on the building and applies only in the course of construction. Coverage customarily includes fire and extended coverage and vandalism and malicious mischief. Builders risk coverage can be extended to a “special” form as well. The builders risk policy also may include coverage for items in transit to the construction site (up to a certain percentage of value) and items stored at the site.

A dividend is the return of part of the policy’s premium for a policy issued on a participating basis by either a mutual or stock insurer. A portion of the surplus paid to the stockholders of a corporation.

Broker agent is an independent insurance salesperson who represents particular insurers but also might function as a broker by searching the entire insurance market to place an applicant’s coverage to maximize protection and minimize cost. This person is licensed as an agent and a broker.

Binding Authority is the authority that is extended to a contractors insurance agent by an insurer to provide insurance, usually on a temporary basis, until a policy can be written.

Guarantees an owner, the “oblige,” that the accepted contractor will actually undertake the work and that the contractor will furnish performance, payment, and, perhaps, maintenance bonds — or that the contractor will pay the owner the difference between the amount of the contractor’s accepted bid and the bid of another contractor who has to be called in to complete the project.

Although there are many do-it-yourself teeth bleaching kits you can get for whitening your teeth, some of these teeth whitening systems are known to damage your tooth enamel and not provide the whitening you may want to have. There are benefits that professional teeth whitening will have for you. Most professional dentist will guarantees results. In most cases teeth whitening will be done quickly and you will see immediate improvement. If you have any other dental issue a dentist can also address those issues as well.

Co-insurance is an arrangement by which the insured, in consideration of a reduced rate, agrees to carry an amount of insurance equal to a percentage of the total value of the property insured. An example is if you have guaranteed to carry insurance up to 80% or 90% of the value of your building and/or contents, whatever the case may be. If you don’t, the company pays claims only in proportion to the amount of coverage you do carry.

Claim Expense is the expense of adjusting a claim, such as investigation and attorneys’ fees. It does not include the cost of the claim itself.