A reinstatement clause is an insurance policy clause that states when coverage terms are reset after the insured files a claim.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

In this Insight, first published in PLC, Shy Jackson considers the Court of Appeal's decision in Providence Building Services Ltd v Hexagon Housing Association Ltd [2024] EWCA Civ 962 that a ...

January 7, 2022 - Some policyholders might be surprised to learn that more than one insurance policy can apply to the same claim or injury. Having a second policy involved might seem like a luxury at ...

A standard sales contract obligates one party to purchase goods or services for a predetermined price established in the contract. Some sales contracts are ongoing and can include a buyout clause.