Sentences with phrase «age of the insured person»

(1.3) Subsection (1.4) applies if an insured person is under the age of 16 years at the time of the accident and none of the Glasgow Coma Scale, the Glasgow Outcome Scale or the American Medical Association's Guides to the Evaluation of Permanent Impairment, 4th edition, 1993, referred to in clause (1.2)(e), (f) or (g) can be applied by reason of the age of the insured person.

Note: If an insured person is under the age of 16 years at the time of the accident and none of the Glasgow Coma Scale, the Glasgow Outcome Scale or the American Medical Association's Guides to the Evaluation of Permanent Impairment, 4th edition, 1993, referred to in sections (6), (7) and (8) of the above criteria, can be applied by reason of the age of the insured person, then an impairment sustained in an accident by the insured person that can reasonably be believed to be a catastrophic impairment shall be deemed to be the impairment that is most analogous to the impairment referred to in sections (6), (7) and (8) of the above criteria, after taking into consideration the developmental implications of the impairment.

Duration of the trip is over 60 days and age of the insured person is over 60 years visiting USA or Canada.

The entry age is the age of the insured person at the beginning of the insurance policy.

The younger the age of the insured person was at the time of issue, the less expensive the insurance premium will be (all else being equal).

If you renew (if the policy has that feature), it will renew at a higher price reflecting the current age of the insured person.

One of the major factors affecting the price of life insurance is the age of the insured person.

Based on the age of the insured person and the sum assured, the company might ask for a medical examination.

Not exact matches

It can be thought of as the cost to insure a person for a specific amount given his mortality factors (age, sex, health, etc..)

-LSB-...] Insured means you and resident of your household who are your relatives or other persons under the age of 21 and in the care of any person named above.»

There are fees and charges for variable life insurance, including a cost of insurance based on characteristics of the insured person such as gender, health and age.

Provides coverage for eligible emergency medical expenses incurred while traveling outside your Canadian province or territory of residence, for the first 15 consecutive days of each trip, up to a maximum of $ 5,000,000 per insured person, for all insured persons under the age of 65.

According to the Commonwealth Fund's 2012 Bienniel Health Insurance Survey, 79 % of young adults ages 19 to 25 were insured last year, up 7 % or 3.4 million people since 2010.

(b) is not required to pay a non-earner benefit for any period before the insured person attains 16 years of age.

(b) after the insured person attains 25 years of age, in the case of an insured person who was less than 15 years of age at the time of the accident.

(a) more than 10 years after the accident, in the case of an insured person who was 15 years of age or more at the time of the accident; or

(a) more than 260 weeks after the accident, in the case of an insured person who was at least 18 years of age at the time of the accident; or

v. Nine months or more after the accident, the insured person's level of function remains seriously impaired such that the insured person is not age - appropriately independent and requires in - person supervision or assistance for physical, cognitive or behavioural impairments for the majority of the insured person's waking day.

«person in need of care» means, in respect of an insured person, another person who is under 16 years of age or who requires care because of physical or mental incapacity; («personne ayant besoin de soins»)

(4) Subsection (5) applies to an insured person who was under the age of 18 at the time of the accident and whose impairment is not a catastrophic impairment within the meaning of subsection (1).

If the insured person was 18 years of age or older at the time of the accident, a traumatic brain injury that meets the following criteria:

45.1 If an insured person who is under 18 years of age at the time of the accident sustains a traumatic brain injury that meets the criteria in subparagraph 5 i or 5 ii of subsection 3.1 (1) and that was caused by an accident that occurs on or after June 1, 2016, the person may submit an application under subsection 45 (1) and subsections 45 (2) to (5) do not apply, and the impairment is deemed to be a catastrophic impairment for the purposes of subsection 45 (6).

Return of Minor Child (ren): Should the Insured Person be traveling alone with a Minor Child (ren) and is hospitalized because of a covered Illness or Injury and the Minor Child (ren), under age 19, is left unattended, the Company will arrange and pay, up to the maximum stated in the Schedule of Benefits, for one way economy fares to their Home Country.

Premiums are paid for the «whole life» of the insured person, continuing until he or she dies or reaches a specified maximum age.

There are a lot of people out there diagnosed with conditions, which if insured at a young age, can be covered.

The initial premium normally depends on the insured person's general state of health in the event of the policy issue, his / her age, tobacco usage and it normally remains the same for the length of the term.

As long as the premiums are paid, a guaranteed death benefit is paid after the death of the second insured person, even up to age 120.

Also, if one person is significantly older than the other, you will be paying a premium that is an average of the ages of the insured individuals.

This convertible term insurance can be made of use when the person insured is still at a young age where the insurance could still cater for small expense and premature death but as time comes everyone gets older, this convertible term insurance might not be enough to cater the long term needs of the insured so it is of best interest that the policy holder should convert their policy to a more permanent type of insurance such as Universal Life.

This life benefit is for the primary life insured only with maximum 50 years of age for the eligible person as per medical underwriting.

A co-payment of 20 % for every claim is applicablefor fresh as well as renewed policies for insured persons (age above 60 years at the time of entry).

Medical examination may be required in some cases, based on the sum insured and the age of the person.

There are certain factors that are considered by the insurers like insured person's age, heath, geographic location, lifestyle, etc. while determining the premium cost of the policy.

They calculate the expected number of claims resulting from automobile accidents, which varies with the insured person's age, sex, driving history, type of car, and other factors.

a) under 22 years of age, unmarried, and receives full support and maintenance from the insured person;

Premium to be charged is depend upon the age band of the insured person, duration of the journey and the country where he needs to visit.

Coverage would be provided only if the insured person has not completed 38 years of age and 30 weeks of pregnancy.

In some cases, while getting insured the policy seeker might also be required to submit his valid Income Proof based on the sum assured amount chosen and the age of the person.

This coverage is available either on the spouse of the insured or another person, and provides level term insurance to age 95 for the amount of the rider.

The Policy Holder must be between 18 and 69 years of age and needs to be included in the cover as an Insured Person.

An additional important detail is that when the person insured is a minor, the life insurance policy is generally owned by the purchasing adult until the child reaches the age of majority as defined by state law.

Life insurance has fees and charges associated with it that include costs of insurance that vary based on the insured person's sex, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Premiums and savings will vary based on the insurer and the age and health of the persons being insured.

Benefits will automatically reduce by 50 % on the policy anniversary following the insured person's attainment of age 70, or after five years from the effective date, whichever provides the longer period of coverage.

The size of a CRVM reserve, as with most life reserves, is affected by the age and sex of the insured person, how long the policy for which it is computed has been in force, the plan of insurance offered by the policy, the rate of interest used in the calculation, and the mortality table with which the actuarial present values are computed.

Permanent Total Disability means that an Insured Person is unable to perform the substantial and material duties of any occupation, if employed, or if retired, all of the normal activities for a person of like age and sex in good hPerson is unable to perform the substantial and material duties of any occupation, if employed, or if retired, all of the normal activities for a person of like age and sex in good hperson of like age and sex in good health.

Life insurance has fees and charges including costs of insurance that vary based on the insured person's gender, health and age.

So, greater the age of the person to be insured, greater the risk for the insurance company of a death during the term and a claim, and thus, higher premiums.

For its joint whole life policy, the coverage is up to $ 20,000 of protection for ages 18 — 85, with coverage provided for two persons under one policy and one low premium payment providing permanent coverage for the insured and a spouse on a first to die basis.

There are fees and charges for variable life insurance, including a cost of insurance based on characteristics of the insured person such as gender, health and age.