Sentences with phrase «as the policy holder when»

This insurance acts similar to Bodily Injury Liability insurance, except it covers their passengers as well as the policy holder when they're in an accident brought on by a driver free of insurance.

Not exact matches

When an employee takes a government job that requires divesting of assets in order to prevent conflicts of interest — as the role of Treasury Secretary certainly would, and did for the current holder of that office, Steven Mnuchin — J.P. Morgan's policy fast - tracks the vesting of the employee's stock awards.

Here are a few things to consider when examining any of your current policies, as well as some of the biggest reasons why Indianapolis insurance quotes are important for every local policy holder.

Here are a few things to consider when examining any of your current policies, as well as some of the biggest reasons why Indianapolis insurance quotes are important for every local policy holder.

However, universal life is thought of as being more flexible than whole life because the policy holder has more control over when the premium due date is, as well as how much of the premium goes towards the death benefit, and how much goes towards the policy's cash value (within certain guidelines).

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.

While the Authority notes that the insurers need to keep their books of accounts in order, it is also necessary to note that insurers shall not use the instrument of discharge voucher as a means of estoppel against the aggrieved policy holders when such policy holder approaches judicial fora.

Personal Injury Protection insurance is the policy that covers the harm related prices and clinical treatment for the policy holder as well as their passengers when they're in a accident — regardless of fault.

Change in Policy Holder Surplus The policy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cPolicy Holder Surplus The policy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cHolder Surplus The policy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cpolicy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cholder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after claims.

It protects you as a policy holder and provides an excellent return on investment when you make a claim.

When planning for a funeral insurance it is also important to consider specific details such as the type of burial the policy holder wants.

Universal Life Insurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to pay.

Personal property protection as a part of a basic renters insurance policy also safeguards the policy holder against loss when they are away from home.

Universal life insurance offers policy holders a great deal of flexibility in that they can choose — within certain parameters — when they make their premium payment, as well as how much of that payment is allocated to the death benefit and how much of it is allocated to the cash value component.

A cash benefit can be availed as reimbursement or direct cash benefit when the policy holder has got a major accidental injury.

If you are an existing policy holder, refer to your original policy documents as they may differ from the following information depending on when you took your policy out.

Dear sir, Since I was in need of insurance plan which gives my money back with guarantee.That policy states that even death of policy holder occurs (when policy is in force) company will give all payouts as stated with guarantee....

What this shows is that New York Life Insurance Company is very strong and stable when it comes to both meeting its current and its future financial obligations such as paying out its policy holder's claims.

This is the more economical way to go, since as the cash value increases over time, the insurance company is required to pay out less money from its own funds when the policy holder passes away.

Enabling policy holder to invest additional money over premium as and when desired, subjected to conditions.

This is the opposite of traditional term life insurance policy and many people prefer this since many don't need as much coverage at this certain point in the future, i.e. when the term ends and Protective allows the policy holder the same price as before just a lower face amount.

Underinsured motorist coverage protects you as a covered policy holder from having to personally take care of the costs ordinarily paid by the other party in cases when you get into an accident and the negligent driver has no insurance.

There are additional significant benefits available to renters insurance policy holders, such as medical payments coverage that can be used in non liability situations, and loss of use protection for instances when a claim event has rendered your rented home unlivable.

In order to qualify for a tax free exemption on living benefits, the policy holder must be classified as being «terminally ill» when he or she files their income taxes.

A critical illness rider gives you a lump sum of money when you (policy holder) suffer a critical illness such as cancer, heart attack or a stroke.

This can be helpful when the policy holder is young and budget conscious, as well as at retirement and possibly living on a fixed income.

when policy holder dies at the age of 80 years sum assured, reversionary bonus up to age 80 years and final additional bonus as per the term will be paid

It added that the enhanced death benefit provided by HDFC Life to its policy holders with effect from April 1, 2012 shall be offered to all the policy holders who have opted for the products prior to April 1, 2012 also and shall be debited from the shareholders» account as and when these additional death benefits are settled.

Insurance plans like these are designed to take care of you when you need it and be there for you as a covered policy holder.