Sentences with phrase «additional risk to the insurance company»

Whether you are «high risk» due to a hazardous job or occupation, the dangerous activities or hobbies you engage in, are a smoker or have a health condition such as diabetes, high blood pressure, cholesterol, or bipolar disorder, you pose additional risk to the insurance company underwriting your contract.

Not exact matches

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

Various agencies from local governments to insurance companies support additional defensive driving education to further limit the risk of driving.

Underwriting requirements: Additional health information required by the insurance company in order to accurately assess the health of the life insured so that it can properly determine the risk of insuring him / her.

The insurance company may not be willing to take on the additional risk of having to pay out the premium on a policy on a high risk applicant.

As a result, the insurance company raises your insurance rates to cover any additional risk they're taking on.

These samples will be reviewed by the life insurance underwriters in order to determine whether your health may pose an additional risk to the life insurance company.

Life insurance companies consider HBP to be an additional risk factor when providing life insurance policies, but it is possible to get affordable life insurance coverage despite your hypertension.

That additional risk is going to translate into higher premiums from the insurance company.

But within the last decade, insurance companies have also begun using credit information as an additional factor to help predict which persons pose more risk.

The insurance company is going to offset that additional risk by charging you higher monthly premiums.

Reinsurance is commonly used by insurance companies to offset the risk of major insurance risks on large policies, it works by either combining insurance offerings from many companies or for one insurer to take the whole risk and then sell on the risk to one or more other companies in the form of additional insurance policies.

If you are hiring professional movers your coverage may be limited, however, you may be able to purchase additional endorsements from your home insurance company to cover specific risks that concern you.

In addition to higher premiums, insurance companies that issue guaranteed life policies protect themselves against risk in two additional ways: (1) by offering relatively low payouts, and (2) by typically not providing a death benefit during the first two years after issuing the policy (if the policyholder dies during this time, the company issues a refund of premiums instead).

Can contain additional protections to the insurance company «graded death benefit» thereby limiting the insurance companies exposure to risk.

After assessing these risk factors a life insurance company will decide A) whether or not to cover you while still pregnant and B) if you should be charged an additional premium.

Police officers are more likely to be murdered than people in other high risk occupations, adding an additional risk insurance companies need to consider.

You're not attempting to be dishonest since the insurance company understands they're taking on a higher risk as well, and they charge an additional premium for it.

If you've got a $ 500 deductible and it will only cost you $ 600 to get those cat scratches buffed off your hood and the paint touched up, it might be easier to simply come out of pocket for the additional $ 100 without involving your insurance company and risking a rate increase because you made a claim.

Travel trailer insurance or camper trailer insurance packages vary from company to company, so be sure you fully understand what is included in your policy and request additional coverage, if needed, to cover your specific risks and concerns.

Rather than purchasing equities outright, the insurance company typically enters into options contracts using some portion of the policy premium, which enables them to pass on the upside gains without the downside losses — but at the cost of an additional counterparty risk.

Keeping with the idea of risk management, the more drivers your state has, the more likely you are to be in an accident and insurance companies have to cover that additional risk.

Even though this is a very common condition, life insurance companies consider it to be an additional risk factor.

This is to compensate for the additional risk the insurance company takes on to cover an older policy holder.

Some high risk insurance companies will allow you to purchase additional liability coverage to increase the policy limits and some companies will also allow you to purchase uninsured or underinsured motorist coverage, but many insurance companies will not offer collision or comprehensive insurance to a high risk driver.

Once the insurance company assesses the risk, it will determine whether it will offer you a policy or not, and if there will be an additional premium assessed to you.

Because the applicants on no medical exam life insurance policies are typically those who are considered to be of higher risk, life insurance companies have to compensate for the additional amount of risk that they are taking on.

If your term life insurance application is denied — for example, if you have a high risk profile — your agent can help you to explore additional life insurance companies and options.

photo credit: Mykl Roventine Life insurance rates for those that smoke cigarettes, depending on the company and any additional risk factors, can run anywhere from two to four times higher than a comparable non smoker.

Not all of these coverage types fit the needs of every business, of course, and many companies need additional coverage or specialty insurance to manage risk.

Things like a DUI / DWI showing up on your record, will wind up being there for at least half a decade, and will cause some auto insurance companies to label you as a high risk driver, resulting in additional fees and higher rates.

The company strayed away from its money - making core business of high risk insurance policies, and got into the extended warranty business (automobiles, electronics, appliances etc.) which is why it hired me when an additional body was requird to keep up with expanding business requirements.