Posted: Fri Oct 12, 2007 10:23 am Post subject: EPI holders
My friend, on most of the occasions, EPI holders are needed to inform the issuer of EPI. Holders are also needed to help recover EPI. All agreements apart, users are required to have security devices associated with EPI. This is actually an effective variance of the liability amount fixed for the holder with regards to all losses arising before notification.
Thanks, Pearl-Choosy _________________ Register Now to have your Insurance queries solved.
Posted: Fri Oct 12, 2007 10:36 am Post subject: powers..
Hey there!
Its just about remembering that none of the EPI holders have any power to countermand orders. The holder might revoke at times...but that too has to be free of any guarantee from the bank. As far as the variance of the contracts is concerned, issuers would have the power to vary terms of the agreement with prior notice. Many of the agreements do give the EPI holders the power to withdraw the agreement if the terms are not to their liking. Thats the most important part to be understood.
Regards, FalasyRugby _________________ Register Now to have your Insurance queries solved.
Sorry buddy, the information is too little for me to understand. You need to feed some more information in it.
