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“rencies of losses” refer to damage claims. The term is somewhat misleading, as there are other types of damages. Damages to a person’s reputation is one form of damages. Claims for breach of warranty, negligence, strict liability and contract law are examples of comprehensive claims. Some countries also have a concept of special damages, which are usually considered only in criminal cases. These include medical expenses, loss of earning capacity, payment to employees and pain and suffering.

There are many ways that losses can be inflicted on a person. They may be caused by slander, malicious prosecution, false arrest, false imprisonment, false advertising and assault and battery. Indirect injuries may also come into play. When a property is destroyed, it may not be replaced with another identical property. As well, the original property may not be equivalent to the market value of the new property. Thus, actual damages and punitive damages cannot be added together.

Negligent parties may also be responsible for damages. When an individual damages another person’s property with the intention of obstructing the owner’s legal rights, this is called fraud. Another example is a tenant damaging a rental property by engaging in unlawful activity. He will then be responsible for damages even if he is not ultimately negligent. This is because the rent is typically a right that tenants are entitled to. Thus, damages investment is the increase in the value of a property because of damages sustained by the owner.

Claims resulting from disasters such as earthquakes, floods and fires are also included in the definition of damages investment. This happens when the insured losses exceed the insurance’s replacement value. Other claims that may fall under the damages category are claims arising from invasion of privacy, theft, invasion of physical and mental rights, assault, battery, emotional distress, products liability and negligence. In addition, damages caused by microfinance institutions fall under the category of damages investment.

In microfinance institutions, claims for damages are almost non-existent because microfinance institutions are generally limited in their capacity to collect. Most microfinance institutions are real estate owned rather than investment-owned. This is because microfinance institutions are mainly concerned with repairing and improving property that they own rather than making a profit on the resale of the property. The lack of potential profit also keeps microfinance institutions from taking on large claims for injuries and illnesses.

If you invest in property, you will be required to compensate for damages incurred in case of emergencies and calamities. If you have insured your property, damages due to natural disasters will not be your responsibility. This is because your insurer will normally pay for damages incurred by third parties. However, in the event of your property being destroyed by a hurricane, you may be required to pay for damages incurred. And if you suffer damage to your rented properties, damages incurred will not only be your responsibility but that of your landlord as well.

Before buying any property, be sure to get an insurance policy covering it. Your house or property should be considered as an investment. You will be required to safeguard it against all sorts of mishaps and emergencies. Go in for a policy covering all possible accidents and concerns so that you will not need to worry about paying for damages.

When investing in properties, always buy properties that are in good condition. Do not invest money on properties that have problems like major damages. It is advisable to take help from your insurance agent while going in for properties. They will guide you in terms of selecting properties that are safe and sound. Go ahead and invest in good quality properties so that you will be able to earn a profit and cover all possible risks.

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