Sentences with phrase «added by the policyholder»

There are also several additional benefits that can be added by the policyholder to boost the coverage.

Riders are the additional benefits that can be added by the policyholder with the policy at affordable cost.

Not exact matches

A policyholder can continue to add coverage AND cash value by utilizing this rider.

While some insurances are mandated by the State of Florida, some are willingly purchased for added protection for the policyholder.

'' [S] pecialist policyholder counsel like me can add real value because we (or at least some of us) have tools available that help us win our cases — not unfairly, mind you, but by overcoming ignorance and protecting the interests of our clients that the law already protects.»

Another common reason why policyholders add coverage to their existing policies is becausee they financed a vehicle and their current policy does not meet the requirements set - forth by their lender.

The company remained a mutual company, meaning it was owned by its policyholders for more than 160 years before demutualizing in 2002 in an attempt to add a more competitive structure in which the company could operate and grow.

A policyholder can increase the coverage provided by an auto policy by adding one or more endorsements.

Optional PIP offerings --- called add - on states (must be offered by insurer, but policyholder can reject):

In addition to the guaranteed cash value, a participating policy's cash value can also include dividends declared by the company, which the policyholder can choose to receive in cash or to reduce premiums, or to add to the policy's cash value growth.

To add credibility, this indemnity bond should be signed by two witnesses who are not the family members of the policyholder.

Add - on covers under the car insurance policy that can be opted for by a policyholder in order to avail better enhanced coverage for his car under the insurance plan.

By taking the rental reimbursement add - on, the policyholder gets reimbursement for these interim travel arrangements when his / her car is under repair.

An endowment plan also lets policyholders add additional riders for major surgical assistance, critical illnesses etc., by paying a marginal premium.

Policyholders also have the option to add accidental riders to further enhance the cover by paying a marginal premium.

In addition, the policyholder can add a higher life cover by paying an additional nominal premium.

An added provision or attachment to an automobile insurance policy that provides insurance coverage to the policyholder and his or her passengers in the event of an accident caused by a driver who does not have sufficient coverage.

MetLife gives policyholders the options of adding more coverage to the basic policy by something called a policy rider.

As previously mentioned, many homeowners insurance companies offer their policyholders the ability to increase their coverage limit on jewelry by adding an endorsement.