18-181A 18-181A . . . Insurance Agents Stock Option Plan under which Compensation Committee may grant Non-qualified Stock Options to any insurance agent who signs agreement which commits agent to produce at least $300,000 of premiums during specific three-year period ("Qualification Period"). Number of shares covered by option is equal to agent's premium commitment divided by $100, and options become exercisable only to extent agent satisfies his or her minimum commitment for premiums during Qualification Period, and only to extent loss ratios for insurance business written meet or exceed certain performance criteria
Rhode Island Insurance Agents Stock option plan
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FAQ
The purpose of the Rhode Island Automobile Insurance Plan is to make available automobile insurance to qualified drivers who are unable to purchase such coverage in the voluntary market.
State minimums and coverage types vary, but nearly all states that mandate insurance require liability coverage for property damage and bodily injury. The sole exception is Florida, which only requires liability coverage for property damage, in addition to PIP coverage.
The State of Rhode Island requires all of its motorists to carry liability auto insurance in minimum coverage amounts of 25/50/25 per accident.
Rhode Island is an ?at-fault,? ?fault,? or ?tort? state for car accidents. That means that the one who caused the crash is the one who pays for damages. To collect injury compensation, accident victims typically file claims with the at-fault driver's insurance provider.
Like most states, car insurance is required in Rhode Island. To legally drive within the state, drivers must have a policy with at least 25/50/25 in liability insurance. Liability insurance includes bodily injury and property damage coverage.
Minimum insurance requirements for Rhode Island The minimum amount of Rhode Island auto insurance coverage is $25,000/$50,000/$25,000.
Under Rhode Island law, you're required to carry bodily injury liability coverage in the amounts of $25,000 per person and $50,000 per accident. Property Damage Liability: This insurance pays for the property damage sustained by OTHER drivers in a car accident that YOU cause.
Health insurance is a requirement in the state of Rhode Island. If you go without continuous health coverage, you might pay a penalty when you file your Rhode Island income taxes for 2022.