Subsidence
Subsidence is a term used in geology, engineering and surveying to denote the motion of a surface (usually, the earth's surface) downwards relative to a datum such as sea-level. In meteorology, subsidence refers to the movement of air downwards.
Popular Insurance Terms
Statement prepared by an inspection bureau for a life or health insurance company that summarizes information about an applicant for a policy, including financial standing, morals, physical ...
The pro rata clause in an insurance policy stipulates ways in which coverage is distributed. Because of pro rata clauses, there are instances in the insurance world where one policyholder ...
Technique of risk management (better known as retention or self insurance) under which an individual or business firm assumes expected losses that are not catastrophic losses through the ...
Exposures usually excluded from life and health insurance, or subject to a maximum limit if covered. ...
Accounting procedures that defer the full funding of a life insurance net level premium reserve to accommodate the policy acquisition cost in the early years of a policy. First-year policy ...
Liability created when an individual who offers services to the general public claims expertise in a particular area greater than the ordinary layman. Today, suits are frequently brought ...
Entitlement of a participant in an employee benefit insurance plan to receive benefits regardless of his or her employment status. ...
Coverage in the event that, while practicing the profession of druggist, an act or omission is committed resulting in bodily injury, personal injury, and/or property damage to a customer. ...
Service under the auspices of the medical information bureau (MIB) that provides the insurance company with nonmedical information concerning the APPLICANT for DISABILITY INCOME INSURANCE. ...
Comments for Subsidence
what rights can a owner use to use water from a river or stream
Mar 31, 2019 22:09:01Hi, Vanessa! As you probably know, there are water rights that cover the usage of water. There are riparian rights and littoral rights. If your property has access to a river or stream, you can use the water freely for irrigation or for other purposes as long as the upstream and downstream neighbors are not affected. When a river is the border of your property, you own half of the land covered by the river (half of the river bad), too. The littoral rights refer to waterfront properties that have access to a lake or a sea - in short, navigable waters. Ownership stops at the level of high tide.
Apr 02, 2019 06:21:35Have a question or comment?
We're here to help.