Easily Insert Mandatory Field into the Insuring Agreement

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How to Insert Mandatory Field into the Insuring Agreement

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welcome to another fast tips video brought to you by accesslearningzone.com I am your instructor Richard Rost in todays video were going to talk about the required property to force data entry into a specific field why you should rarely use it and want some better alternatives are and dont worry Advanced users I got a little bit for you at the end all right so in this video were going to talk about the required property what it is and when you should use it when you should not use it Ill show you how to set it well talk about getting custom error messages because by using the required property by itself you cant get a custom error message Ill show you how to do that well talk about how to use zero length strings with the required property theres some some tricks there but give you my little speech about why no data is better than bad data and why I dont like using the required property in a lot of instances and well talk about a better method for requiring data which is a b

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What are the five major sections to any insurance contract?

Every insurance policy has five parts: declarations, insuring agreements, definitions, exclusions and conditions. Many policies contain a sixth part: endorsements.

Who makes the offer to enter into an insurance contract?

a. In an insurance contract an insurer makes an offer and the prospect accepts it.

Who is the offeror in an insurance contract?

(E) Offeror shall mean an insurance company, a separate account of an insurance company, an investment company that funds a separate account, any adviser to a separate account of an insurance company or an investment company that funds a separate account, a fund administrator, an underwriter and any affiliated person

What is included in the insuring agreement?

Insuring Agreement The portion of an insurance contract that describes what is covered. The insuring agreement usually states the perils insured against, the person(s) and/or property covered, the property locations, and the period of the contract.

How is an offer made for an insurance policy?

When applying for insurance, the first thing you do is get the proposal form of a particular insurance company. After filling in the requested details, you send the form to the company (sometimes with a premium check). This is your offer. If the insurance company agrees to insure you, this is called acceptance.

Who makes the offer in insurance transactions?

In the typical insurance transaction, the applicant is the offeror who makes an offer to buy insurance through a signed application plus the initial premium. The insurance company (offeree) reviews the application and decides whether it wants to accept the offer.

Who is the offeree in an insurance contract?

Before a contract is executed, the party to whom the offer is made is known as the offeree.

What are the 4 required elements of an insurance contract?

In general, an insurance contract must meet four conditions in order to be legally valid: it must be for a legal purpose; the parties must have a legal capacity to contract; there must be evidence of a meeting of minds between the insurer and the insured; and there must be a payment or consideration.

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Insert Mandatory Field into the Insuring Agreement