Cover – itho's internet resources

Delivered-at-Place (DAP) Definition, How It Works, and Obligations

By Itho July 23, 2015

[ad_1] What Is Delivered-at-Place (DAP)? The buyer is responsible for paying import duties and any applicable taxes, including clearance and local taxes, under the terms of a delivered-at-place (DAP) agreement.…

What Are Experience Ratings in Insurance

By Itho March 24, 2015

[ad_1] What Is an Experience Rating? An experience rating is the amount of loss that an insured party experiences compared to the amount of loss that similar insured parties have.…

Understanding Excess of Loss Reinsurance: Definition, Features, and Benefits

By Itho March 21, 2015

[ad_1] What Is Excess of Loss Reinsurance? Excess of loss reinsurance is a type of non-proportional reinsurance in which the reinsurer indemnifies–or compensates–the ceding company for losses that exceed a…

Master Guide to Employers’ Liability Insurance: Definition, Coverage, & Limits

By Itho October 19, 2014

[ad_1] What Is Employers' Liability Insurance? Employers' liability insurance provides coverage to workers who have suffered a job-related injury, illness, or death and protects businesses from financial loss due to…

Carriage and Insurance Paid to (CIP): Definition and Example

By Itho October 25, 2013

[ad_1] What Is Carriage and Insurance Paid to (CIP)? Carriage and insurance paid to (CIP) is a global trade term by which a seller pays freight and insurance costs to…

What Is an Economic Stimulus? How It Works, Benefits, and Risks

By Itho February 15, 2012

[ad_1] An economic stimulus is an action by a government to encourage private-sector economic activity. To stimulate the economy, the government adopts targeted, expansionary policies. Key Takeaways An economic stimulus…