Sentences with phrase «elements of an insurance contract»

In this case, the policyholder draws an insurance contract with a funeral home (learn The Key Elements of an Insurance Contract).

These offers can be misleading for those who don't have a lot of experience reading the terms of insurance policies (see The Key Elements of an Insurance Contract for a primer), and no matter how many you turn down, the offers typically still keep coming.

Not exact matches

For instance, financial guarantee contracts are reported for regulatory purposes as property and casualty insurance, normally considered short - duration, but have elements of long - duration contracts in that they are irrevocable and extend over a period that may be in excess of 30 years.

We regularly advise on the insurance elements of building contracts, letters of intent, professional team appointments, surety documentation and collateral warranties for employers, contractors, subcontractors and professionals.

The number one reason ICBC breaches someone of their contract of insurance is if there is an element of drinking and driving and then a motor vehicle accident.

With some understanding of the essential elements that go into the insurance contract, customers can avoid the commonly encountered pitfalls in dealing with insurers.

The universal portion means that premiums are flexible and the components of the life insurance policy (death benefit, savings element and premium) can be altered throughout the contract.

«Elements of a Valid Insurance Contract» last modified July 27, 2017.

You can buy permanent life insurance (which combines elements of insurance and savings into one contract), you can buy term insurance (which is pure death benefit protection) and use some other financial product to help you accumulate savings (e.g. mutual funds inside a 401 (k)-RRB-, or you can buy permanent insurance and also buy other financial products, like stocks, mutual funds, real estate or anything else you think would make you money.