Sentences with phrase «after your first accident covered»

Not exact matches

After an accident, you must submit an insurance claim to your primary provider first, and may only submit amounts not covered by the primary insurer to your secondary.

Part 7 benefits cover some lost income (generally up to $ 300 per week) after the first week of a car accident.

Here is what you need to know about Income Replacement Benefits (IRB's): • IRB's are calculated at 70 % of your average gross income based on your employment history o Your income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the 4 weeks before the accident multiplied by 13 o Self - employed income is calculated as the higher of either (i) the 52 weeks before the accident OR (ii) the last fiscal year o If you are receiving other income replacement assistance, such as short term or long term disability benefits, those amounts are deductable from the amount of your IRB eligibility • IRB's are capped at $ 400 per week • The first 7 days of your disability are not covered by IRB's • IRB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely, if after the 2 year mark you are unable to do any occupation for which you are reasonably suited by way of your education, training and experience • The age 65 marks changes in IRB's o If you are already over the age of 65, IRB's are payable up to 208 weeks and gradually reduced over that period o If you reach the age 65 while already receiving benefits, the IRB is converted to a lifetime pension at a reduced rate based on an established formula

Here is what you need to know about NEB's: • You must be at least 16 years of age and a full time student at the time of the accident, or have completed your education the year before the accident and not yet secured employment • NEB's are capped at $ 185 per week • The first 26 weeks of your disability are not covered by NEB's • NEB's are payable for a 104 week (2 year) period, but you may be eligible to continue receiving this benefit past the 2 years indefinitely after which point the maximum amount payable increases to $ 320 per week • The same age 65 mark changes apply as in IRB ’s

Provided as a limited association group insurance benefit to all active members with this plan age sixty - four (64) or younger and up to age sixty - five (65) pays up to $ 5,000 per person for injuries sustained from a covered accident after the first $ 250 is paid by the member.

Provided as a limited association group insurance benefit to all active members with this plan age sixty - four (64) or younger and up to age sixty - five (65) at no additional cost to members, pays up to $ 10,000 per person for injuries sustained from a covered accident after the first $ 250 is paid by the member.

At first, an agent will give a premium quote after factoring in the cost of add - on covers, such as personal accident cover for passengers, quick roadside assistance and loss of personal belongings.

For a 33 year old individual for a cover of Rs. 50 lakhs (and for 10 years after death, a monthly income of Rs. 20,000 increasing @ 10 % simple rate of interest of first year monthly income) for 30 years, the annual premium comes to Rs. 8146 (without accident benefit rider) and Rs. 10,553 (with an accident benefit rider of Rs. 34 lakhs).

details policy amt 500000 policy term 25 years polivy paing term 16 years premium first year (24887 + st) natural death cover 500000 + bonus accident rist cover 10,00,000 + bonus maturity after 25 years13, 50,000 total premium paid 3,90,152

Are there no exclusions after the first year in a personal accident cover the way there aren't any in life insurance?

One in five parents (20 %) say they will buy a car for their child or contribute towards their first car purchase, 16 % help cover the cost of car maintenance including servicing and MOTs, 15 % help with insurance costs, and 11 % help fund any repairs after an accident.