If the settlement demand is within policy limits, the insurer rejects the demand, litigates the case, experiences a judgment in excess of policy limits but refuses to indemnify its own insured for the full judgment, the insurer invites a lawsuit for bad faith refusal to settle.
Hi, I currently have a $500 PDL with Amscott. Every two weeks i go in and pay it off and then take out another one in 24 hrs. The fee is $51 every two weeks. I am in such a hole from this now that I have had to retake the loan every two weeks for MONTHS!! I can't get out I tried going down by $50 everytime but that plus the fee is more then $200 a month I cant do it anymore I am so in the hole.
It could be from $.50 - $1.50% per year. Depends on the bank and there could be fees, etc. You would just have to research a bit. you would be better off looking at a CD or investment account. If you had a 1.5% annual percentage rate on $10mil, that would equate to $150,000 per year in interest.That is about $12,500 per month.Look at this website under Checking & Savings and CD's and Investments. This will provide you detail on banks around the country and what rates they're paying.f you had a 1.5% annual percentage rate on $10mil, that would equate to $150,000 per year in interest. That is about $12,500 per month. Look at this website under Checking & Savings and CD's and Investments. This will provide you detail on banks around the country and what rates they're paying.