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.epends 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.