The beneficiary in a Life Insurance policy in which the owner reserves the right to revoke or change the beneficiary.
The beneficiary in a Life Insurance policy in which the owner reserves the right to revoke or change the beneficiary.
An extension of cover available under contractors all risks policies. Whilst the extension provides cover for loss or damage arising from faulty design, it does not cover the expense of repairing, modifying, replacing or renewing the part with the faulty design, nor any cost or expense incurred by betterment or alteration in design.