Sentences with phrase «against the policy premiums»

Also, if you do not make any claims on your policy, then you can easily avail the No Claim Bonus that can add up to your margin and is usually adjusted against the policy premium.

The length of time, specified in the language of the written policy, during which an insured policy holder can repay an overdue balance against the policy premium while still keeping their renters insurance coverage in force during that period of time.

However, you should keep in mind the difference that your out of pocket expenses would result in, and weigh it carefully against the policy premiums savings.

Not exact matches

While that price may feel steep to some SMBs, at the very least they can follow the advice to put into practice some kind of written security - enforcement policy, even if they opt against adopting premium - price protections.

For a year's policy premium, this rate was 27 % higher against the city's mean.

Money loaned to the policyholder through an automatic premium loan is treated like any other loan against the policy's cash value.

A policy's cash value is essentially the amount of money you would receive if you surrendered the policy to the insurer, and this amount can be borrowed against or used to pay premiums.

Your insurer can deduct unpaid premiums, loans you've taken against your policy and haven't paid back yet, and possibly surrender fees.

The insurance company will use the increased premium as insurance against an early term lapse in a policy.

While your monthly premium usually won't change with whole life, you can generally borrow against the cash value of your policy with favorable terms.

As an added bonus, where claims made against home insurance or an additional floater impact your premium and future insurability, jewelry protection insurance is its own separate policy and insulates your home insurance from any claims.

In other words, weigh any lower out - of - pocket premium rate against any higher deductible your new bundled policy has you paying.

Permanent coverage has the potential to build cash value, which means that, generally, the premiums you pay (1) grow with interest; (2) can, in some cases, be borrowed against; and (3) on indexed and variable policies, can be placed within investment accounts.

The «protective put» acts as an insurance policy, protecting against loss below $ 24 in this case (taking into account the $ 100 premium paid to buy the put).

While the premiums can be fairly pricey, the protection lasts your entire life and the policy will accumulate cash value that can be borrowed against.

If you want a more comprehensive policy - say, one that covers you against the weight of ice and snow - you're going to pay a higher premium.

Truth: Life insurance coverage is never wasted as it protects you against risk, but you can get a return of premium rider (if your policy does not automatically have this feature).

The buyer of such a policy pays a premium to the insurer, for protection against the default of a bond.

If you borrow against an existing policy to pay premiums on a new policy, death benefits payable under your existing policy will be reduced by the amount of any unpaid loan, including unpaid interest.

If we could purchase an actual «insurance policy» i.e. a policy that would fully protect us against adverse climate change for a sensible premium (even 1 % of GDP), I'd be OK with that.

The answer may be one of two things: 1) Your employer may not be aware of the difference between the two types of benefits OR 2) Your employer could be trying to pull the wool over your eyes — by having you make a claim under your personal STD policy (remember YOU pay for this and it is usually much less money and no medical benefits), instead of filing a claim for workers» compensation benefits against the company's insurance policy (the policy the employer pays for) it saves the company money (filing a claim will increase their premiums).

In the case at bar, counsel for the Plaintiff sought to recover the cost of premiums for an adverse costs insurance policy purchased by the Plaintiff to insure against the Plaintiffs» own disbursements, as well as the Defendant's costs and disbursements.

The underlying policy is that not having to defend against frivolous lawsuits will translate into suppressing the cost of medical malpractice litigation, which would in turn lower the cost of the medical malpractice insurance premiums charged to healthcare providers and so on up the chain.

Acting for a national rail company defending its policy of paying shift premiums against claims for indirect sex discrimination;

If the claim is unsuccessful, no premium is payable and the policy would still provide coverage to the injured claimant against adverse legal costs and disbursements that they may otherwise be responsible for paying after losing their case.

The other main kind of life insurance is permanent life, which builds up cash value that policy owners can borrow against and eventually use to cover premiums for the rest of their lives.

Moreover, the value of a whole life policy can be borrowed against or later used to pay for the fixed premium payments.

You can use the value inside of your permanent life insurance plan to borrow against if you need a loan or to pay the premiums for the plan once there is enough value inside of your policy.

The whole life insurance policy is a plan that you buy for a fixed number of years with a fixed premium rate, and it has the additional advantage of qualifying you for investment benefits against which you can borrow without being taxed.

Because the policy has cash value, the insured can borrow against it, with a portion of each premium payment invested.

The main purpose of the legal reserve is to provide lifetime protection, but because more money is collected in premiums in the early years of a policy than is needed to cover the mortality charge, level - premium policies develop a cash value, which the policyholder can borrow against, or can surrender the policy for its cash value if the policyholder no longer wishes to continue the life insurance policy.

Assuming you can prove continued insurability, pay off the overdue premiums plus interest, and cover any outstanding loans against the cash value, some life insurance companies will let you reinstate a policy within a certain time period.

With this option, the premium will still be paid by the policyholder — automatically — by a loan against the cash value of the policy, as long as there is enough cash value that has been built up by that time inside of the cash value component in order to cover such a loan.

While you can sometimes borrow against your life insurance policy or receive living benefits from consistently a paying your premiums, there is no such benefit from a burial insurance policy.

Comprehensive / Collision Claim When it's a claim against your own policy, your company will pay if you paid a premium to include rental reimbursement coverage in your policy.

Insurers believe that the healthier your credit history, the less likely you are to file a claim against your auto or homeowners insurance policy, and the more likely you are to pay your insurance premium payments.

Even if you just forgot to pay your bill and the policy lapsed for a day or two, this will count against you when an insurance company calculates your future premiums.

While the premiums can be fairly pricey, the protection lasts your entire life and the policy will accumulate cash value that can be borrowed against.

The best way to buy protection against such financial loss is to buy an insurance policy for an earning member of the family such that the risk cover (or sum assured) is as high as possible for the lowest amount of premium payable.

All general policies including insurance against risk of loss to assets like motor vehicle etc is 12.36 per cent on the annual premium paid.

In particular the premiums may rise based on the filings of previous claims against the policy, injury or any other factor that might increases the insurer's risk of being obligated to pay out under the insurance policy provided.

A small number of policies will expressly provide for protection against premium increases, or guarantee renewal.

Jeevan Pragati (no. 838) is one of LIC's premium endowment plans, with a non - market linked policy and a risk coverage against inflation.

In exchange of the promise made by the insurer, the insured needs to pay premiums to the company against the chosen coverage for the term of the policy.

Policies like ICICI Prudential's Crisis cover protects against 35 diseases and premium paid for it is not more than Rs 2500.

This is of particular benefit to policy holders in that their premiums are a reflection of the risk that the insurance company is exposed to, and while no - one wants to pay higher premiums this can be balanced against the need to ensure that premiums actually provide the benefits set out in the policy rather than going unpaid if the insurer were to fall into insolvency.

As against the older regime, where premiums got hiked depending on how frequently the policyholders claimed their policies (claim - based loading), the new norms consider change in the age bracket as the basis to raise the premium.

Premiums against the policy can be paid either monthly, quarterly, semiannually and annually.

The «Individual Cyber Safe Policy» launched by Bajaj Allianz will cover the individuals against any financial loss, IT theft loss, prosecution cost, defence cost, restoration cost, etc., caused by cyber crime.This policy works exactly like any other policy, where you are required to pay premium instalments at periodic intervals and you receive an insurance cover in rPolicy» launched by Bajaj Allianz will cover the individuals against any financial loss, IT theft loss, prosecution cost, defence cost, restoration cost, etc., caused by cyber crime.This policy works exactly like any other policy, where you are required to pay premium instalments at periodic intervals and you receive an insurance cover in rpolicy works exactly like any other policy, where you are required to pay premium instalments at periodic intervals and you receive an insurance cover in rpolicy, where you are required to pay premium instalments at periodic intervals and you receive an insurance cover in return.

In 1993, 7,800 policies purchased at the last minute resulted in $ 48 million in claims against only $ 625,000 in premiums.