Learn how buyout settlement clauses in insurance contracts work, giving policyholders options to accept or reject settlement ...

Forbes contributors publish independent expert analyses and insights. I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first ...

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

What Is a Habendum Clause? A habendum clause defines the extent of ownership or interest that the grantee or lessee will have in the property, clarifying the rights being transferred and the duration ...

Getting divorced can mean untangling some sticky personal and financial issues. A wrinkle may be added when there are kids involved and you’re trying to work out custody arrangements, child support or ...

The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...