Geological answer: The â¦ law of cross cutting relationships states that an igneous intrusion or fault that cuts across another rock stratum must be younger than said stratum.
Who Is an InsuredâSection II. Identifying those receiving protection as an insured person or organization under the 2001 Insurance Services Office, Inc. (ISO), commercial general liability policy is relatively straightforward. Section II of the CGL policy, entitled âWho Is an Insured,â is divided into four sections and lists each person or organization that receives insured status and the activities for which each is insured.
A life insurance policy, at heart, is a contract between the insured and the life insurance company. When an insured person dies, the life insurance company is bound to pay a death claim to the beneficiaries. The insured is the person who the life insurance contract is underwritten on, and whose death triggers a claim. Insured And Owner Can Be Same Person. The insured and the owner of the life insurance policy are often the same person.