Death of Louis XIV. On September 1, 1715, four days before his 77th birthday, Louis XIV died of gangrene at Versailles. His reign had lasted 72 years, longer than that of any other known European monarch, and left an indelible mark on the culture, history and destiny of France. His 5-year-old grandson succeeded him as Louis XV.
Aggregate self-only coverage considered unaffordable-Two or more family members' aggregate cost of self-only employer-sponsored coverage exceeds 8 percent of household income, as does the cost of any available employer-sponsored coverage for the entire family.
Some companies make the decision to self insure workersâ compensation claims. Because an extremely large claim could cause financial damage to a small business, it is typical for a self-insured company to use an excess carrier and to take out excess carrier insurance. A predetermined cutoff is defined, and the excess carrier reimburses the claim expenses above that point, up to the policy limit. Determining the need for an excess insurer is based on the number of employees and the ability of the employer to meet the financial obligations defined by workersâ compensation laws.