Sentences with phrase «as family of the insured»

Not exact matches

It is also important to note that liabilities, such as outstanding bank loans, guarantees, lease agreements and payments to suppliers are usually not insured, leaving the personal assets of business owners pledged against these liabilities, and potentially leaving family members in financial distress.

While the future may not be guaranteed, the current state of lactation services in Massachusetts is much improved for families insured by our largest private insurer as BCBS joins other health plans such as Tufts, Harvard Pilgrim Healthcare, Aetna, Neighborhood Health Plan, and Mass Health, among others, that have been providing lactation benefits that predate the ACA.

According to the Kaiser Family Foundation, 36 percent of people who are insured through their work are in a grandfathered plan as of 2013.

Your family's personal property is covered as well, to the extent they're covered by the definition of named insured.

In contrast to conventional mortgage products, which frequently require down payments of 5 percent or more of the purchase price of the home, single family mortgages insured by FHA make it possible to reduce down payments to as little as 3.5 %.

Typically provides coverage for an insured person, covered family members and covered passengers for certain reasonable and necessary expenses, such as medical and hospital expenses, income continuation, loss of services, and funeral expenses for bodily injury caused by a covered accident, regardless of who was at fault.

Family Care Benefit, is a unique proposition by way of which, a part of the life insurance benefit i.e. Rs 100,000 is paid as a lumpsum to the nominee in case of death of the life insured, within 48 hours ** of submission of all relevant claim documents.

It is the type of insurance that protects your family, dependant or named beneficiary against the loss which might arise as a result of the death of the insured.

A suburb of Buffalo and home to 44,000 + residents, the family - friendly neighborhood of West Seneca comes in as the 2nd most expensive place to insure your care in Buffalo.

Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.

A HUD foreclosure, or HUD home, is a single family or multi-family residential property acquired by HUD as a result of a foreclosure action on an FHA - insured mortgage, according to hud.gov.

An individual who has demonstrated a settled intention to treat the insured person as a child of the individual's family.

An individual whom the insured person has demonstrated a settled intention to treat as a child of the insured person's family.

Pursuant to the New SABS, if an insured party wishes to receive the AC benefit by a family member that does not provide the service in the course of their employment, occupation or profession, that family member must sustain an economic loss as a result of providing the AC services.

This policy is called the Living Promise Whole Life Insurance plan, and it is designed to assist in paying for an insured's final expenses, as well as other costs that may be incurred near the end of the individual's life that could incur financial hardship for the insured's family and / or survivors.

Seeing as how you won't be around to lend your family a hand when this piggy bank is broken, you have to be absolutely certain as to the amount to which you have to be insured for the policy to be of maximum effectiveness.

Finally, you should ask if they will check the credit history of other people insured on your policy, such as family members, and how they will affect your policy.

Self - Insuring for a potential disability is fine if your family can maintain its pre-disability standard of living for as long as you are disabled without the risk of running out of funds.

As a counterpart of the divorce, the former spouse usually loses any coverage of the insurance plan although there are numerous plans that will allow employees to continue and retain the coverage for the family as a way of insuring the minor kidAs a counterpart of the divorce, the former spouse usually loses any coverage of the insurance plan although there are numerous plans that will allow employees to continue and retain the coverage for the family as a way of insuring the minor kidas a way of insuring the minor kids.

Immediate financial support to the family In the unfortunate case of the death of the life insured, 100 % of the sum assured along with the accrued bonuses, if any, is paid to the nomineeA person or firm into whose name the policy is transferred in order to facilitate transactions, while leaving the customer as the actual owner..

Insurers may sometimes request that third parties, such as friends or family members, who aren't insured for the purposes of the claim, agree to be interviewed or otherwise participate in the investigation.

The plan also provides the reimbursement of un-used tuition fees if the insured person is unable to attend the rest of the semester as he or she was hospitalized for more than one month for a covered injury / sickness or in case of medical repatriation or in the case of the accidental death of a family member.

Apart from providing financial support to the family in the event of the untimely demise of the insured person, it also acts as a great financial instrument for long - term investment.

This is confusing as the dec page lists the 5 members of my family as «Insureds, but there is no definition in the policy for «insured», so each member listed is a separate insured under the policy.

The booking for the Trip must be the first and only booking for this travel period and destination, You are not disabled from travel at the time You pay the premium, and You must purchase this policy for the full non-refundable cost of Your Trip; 2) Suicide, attempted suicide or any intentionally self - inflicted Injury while sane or insane (in Missouri, sane only) committed by You, Traveling Companion, or Family Member whether insured or not; 3) War, invasion, acts of foreign enemies, hostilities between nations (whether declared or not), civil war (does not apply to Cancel for Work Reasons coverage); 4) Participation in any military maneuver or training exercise (does not apply to Cancel for Work Reasons coverage); 5) Piloting or learning to pilot or acting as a member of the crew of any aircraft; 6) Mental or emotional disorders, unless hospitalized; 7) Participation as a professional in athletics; 8) Being under the influence of drugs or intoxicants, unless prescribed by a Physician; 9) Commission or the attempt to commit a criminal act by You, Traveling Companion or Family Member whether insured or not; 10) Participating in bodily contact sports; skydiving; hang gliding; parachuting; any race, bungee cord jumping; speed contest; spelunking or caving; (Does not apply while on Your Trip if You purchase Sports Coverage); 11) Participating in extreme skiing or mountaineering (mountaineering below 15,000 feet is covered while on Your Trip if You purchase Sports Coverage); 12) Dental treatment except as a result of Accidental Injury to sound natural teeth; 13) Pregnancy and childbirth (except for Complications of Pregnancy or as specifically provided under Part A); 14) Traveling for the purpose of securing medical treatment.

The nominee can avail the death benefit in lump sum or choose to receive the monthly Family Income Benefit of 1.5 % of the Sum Assured as and when it accrues, i.e. following the date of death of the insured till the end of the tenure.

This HDFC life term plan provides a lump sum amount as the death benefit to the family in the event of death of the insured.

Remember that a good third - party travel insurance plan, such as those offered by Travel Insured, reimburses a family's covered claim with a cash refund, not a vacation credit or a deadline rebooking offered by waivers and other types of limited trip insurance.

Covers trip cancellation cost - you will be provided with compensation for the loss of accommodation due to trip cancellation as a result of death, serious injury or sudden sickness of the insured or any close family members

The Insurer will not pay for any loss or expense incurred as the result of an Injury, Sickness or other condition of you, traveling companion, business partner or Immediate Family Member which, within the 60 day period immediately preceding and including your coverage effective date: first manifested itself or had symptoms which would have prompted a reasonable person to seek diagnosis, care or treatment; or for which care or treatment was given or recommended by a Physician; or required the taking of prescription drugs or medicines, unless the condition for which the drugs or medicines are taken remains controlled without any change in the prescription drugs or medicines.The Insurer will waive this exclusion if the Insured meets the following conditions:

Home Care Home Care arranges emergency measures in the event of loss or damage occurring at the insured person's permanent residence in Switzerland as a result of burglary, fire, natural hazards, water damage or glass breakage.This benefit is included with the following products: Annual Travel Insurance for Individuals, Annual Travel Insurance for Families and Travel Cancellation Insurance.

Some policies from Travel Insured International and Elvia Travel Insurance extend aspects of cancellation coverage for the traveler's pregnancy or a family member's childbirth so long as the pregnancy occurred after the policy was purchased.

Typically provides coverage for an insured person, covered family members and covered passengers for certain reasonable and necessary expenses, such as medical and hospital expenses, income continuation, loss of services, and funeral expenses for bodily injury caused by a covered accident, regardless of who was at fault.

The term plan that is designed for members of the military offers exclusive benefits such as an accelerated review to help protect the insured's family members before he or she is deployed, as well as provides coverage during war.

It would be nice, though, if there was some rule built into the policy, as you say, that would allow an unpaid premium if the family can prove incapacitation at the time of the unpaid premium, especially in the case where the insured has paid premiums for years.

Trip cancellation insurance usually only reimburses expenses incurred from unforeseen events such as illness or death of the insured or a family member and financial default of the airline or cruise, among many other reasons depending on the policy.

Quite naturally, the period of coverage is predetermined by an individual need for Life Insurance and the death benefit is influenced by potential needs of the family in the event of the insured's death as well as the present day financial obligations, such as mortgage payments or education expenses.

You may also want to think about insuring with rental insurance quotes as a way to protect your family, your friends, your guests and your children from financial damage in the event of any serious injury.

After all, having the financial means to be able to take care of one's final expenses and last wishes prior to passing away can eliminate an enormous burden, not only on the insured, but also on the entire family as a whole.

Term plans are investments which ask for scheduled payments for a specific agreed upon time known as premiums and the benefits as per the terms and conditions of the term plan, benefits are provided to the family after the death of the insured.

Therefore, the policy beneficiary on these types of plans are often someone who is close to the insured such as a son or daughter, a niece or nephew, or other close friend or family member.

Term insurance policies are popularly known as death benefit policies which are specifically designed to provide financial support to the family members of the insured in case of an unfortunate event.

Here, the family of the insured gets a certain part of the sum assured in advance as a compensation towards the insured's medical treatment and associated costs.

Read on to become more familiar with how you, as a business owner, can use your policy to insure the security of your business and your family.

If that individual were to die, his dependents would receive Rs. 80 lakh and if you assume that the sum assured received is deposited in a bank with a rate of interest of 8 %, then the family will receive Rs. 6.40 lakh as income from the interest that may not add up to the insured's income prior to his demise, the dependents gets compensated financially to some extent.

It is very important to get yourself insured if you have taken a loan or mortgaged your assets, so as to save your family from the burden of repaying it.

Personal Accident Cover offers financial assistance to the family of the insured in case of unforeseen events such as an accident.

In the event of death of the insured, the parents and the family listed as nominees are entitled to receive the policy proceeds, and no other legal heir can make claims.

It is imperative to have a life insurance policy with an adequate sum insured so that it can replace the lost income and function as a financial buffer for the policyholder's family in the event of his / her demise.

Decreasing Term Assurance (Family Income Protection)-- an option under which the Sum Assured decreases every year and on the death of the insured during the SBI term insurance plan tenure, the applicable Sum Assured as on the date of death is paid to the nominee