Learn how an aggregate extension clause groups small business losses into single claims, explore its advantages, and see practical examples in reinsurance.

Discover how hourly clauses in reinsurance limit coverage by timeframe, benefit reinsurers, and see real-world examples of their application in catastrophe insurance.

Protecting sensitive information is essential when drafting legal agreements. However, crafting a clear and effective confidentiality clause can feel challenging. Many struggle to create one that ...

When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...

An acceleration clause allows a mortgage lender to demand full repayment of the loan if certain conditions are not met. This clause protects against missed payments, violations of loan terms, or ...