As with most aspects of an insurance contract, the coverage area is there to reflect the risks
assessed by your insurer.
After all of your information has been reviewed and
assessed by an insurer during the underwriting process, you will be placed into something insurers call a «rate class»
Risks that are not acceptable or open to insurance — usually
assessed by the Insurer, are Uninsurable Risks.
Underwriting is the process of selecting and evaluating the risks associated with a policy and determining the amount and terms on which the Insurer will accept this risk.Risks that are not acceptable or open to insurance — usually
assessed by the Insurer, are Uninsurable Risks.
While a large number of factors impact the cost of a life insurance policy, they essentially break down into two groups: the policy you choose and how you're
assessed by the insurer.
Not exact matches
BitSight is only working with seven out of the 10 largest
insurers, but the majority of
insurers that write cyber policies still
assess a customer's risk
by asking customers to fill out questionnaires about what types of data a company handles and its security protocols.
Each treatment / office visit is
assessed individually
by your
insurer.
The company focuses on cancer drug research and has a platform for so - called «real - world» data, which can be used to
assess the economic value of medicines and is sought after
by drug makers looking to justify their prices to health
insurers.
In the autumn edition of Gold Investor, Mohamed El - Erian, chief economist at global
insurer Allianz and former CEO of PIMCO
assesses the challenges faced
by the global investment community and the contribution that gold can make within investment portfolios.
The owners of said car will usually receive a payout from the insurance company at which point the
insurer takes ownership of the car and
assesses the damage - branding it with a categorisation from Cat A to Cat N. Cat A cars have suffered irreparable damage such as a catastrophic fire and will never be sanctioned
by authorities for road use again.
(2) The
insurer shall not refer the insured person to the person unless the
insurer has first given the insured person a notice that satisfies the following and the insured person gives a written consent to obtain the goods or services from or be examined or
assessed by the person:
(9) Section 40, as it read on February 28, 2006, continues to apply to an application for a determination of whether an insured person has a catastrophic impairment if, under subsection 40 (2), as it read on February 28, 2006, the
insurer gave or was required to give the insured person, before March 1, 2006, a notice under subsection 40 (2), as it read on February 28, 2006, requiring the insured person to be
assessed by a designated assessment centre.
(10) Despite subsections (1) to (9), if a designated assessment of an insured person can not be conducted or completed on or after March 1, 2006 because there is no designated assessment centre that satisfies the requirements of section 53, the
insurer may give the insured person notice under subsection 42 (4), as it reads after February 28, 2006, requiring the insured person to be examined under section 42 in respect of the claim or application, instead of being
assessed by a designated assessment centre, and the provisions of this Regulation, as they read after February 28, 2006, apply in respect of the disposition of the claim or application after the notice is given.
(8) Section 39, as it read on February 28, 2006, continues to apply to an application for an increase in attendant care benefits if, under subsection 39 (7) or (8), as it read on February 28, 2006, an
insurer gave or was required to give the insured person, before March 1, 2006, a notice requiring the insured person to be
assessed by a designated assessment centre.
(7) Section 39, as it read on February 28, 2006, continues to apply to an application for attendant care benefits
by an insured person if, under subsection 39 (4), as it read on February 28, 2006, the
insurer gave or was required to give the insured person, before March 1, 2006, a notice under subsection 39 (4), as it read on February 28, 2006, requiring the insured person to be
assessed by a designated assessment centre.
(6) Subsections 38.2 (8) and (13), as they read on February 28, 2006, and subsections 38.2 (9) to (12) and (14) to (16) apply in respect of an application for approval for an assessment or examination if, under subsection 38.2 (6), as it read on February 28, 2006, the
insurer gave or was required to give the insured person, before March 1, 2006, a notice under subsection 38.2 (6), as it read on February 28, 2006, requiring the insured person to be
assessed by a designated assessment centre.
Working for both plaintiffs and
insurers has given Mike the expertise to efficiently approach matters
by identifying and
assessing issues in dispute, while considering both perspectives in dealing with the mediation and general litigation process.
We will fully and critically
assess offers made
by ICBC or another
insurer to ensure you are not «low balled» in any brain injury offer.
Mr. Gesser also counsels companies who have experienced cyber events
by coordinating with experts to conduct investigations; communicating with regulators, law enforcement,
insurers and auditors;
assessing various federal, state and international regulatory disclosure obligations; and representing the companies in related civil litigation and regulatory investigations.
As the lender was not in a position to
assess the accuracy of statements being made about the scheme, a clause in the policy stated: «[The lender] shall have no liability of any nature to the
insurers for any information provided
by any other parties.»
(ii) In relation to the first issue, the conclusion followed from two basic principles: (a) the rule that an
insurer could not recover
by way of subrogation more than its true outlay; and (b) the rule that collateral benefits should be taken into account in
assessing damages.
[46] Any motoring convictions should be disclosed to
insurers, as the driver is
assessed by risk from prior experiences while driving on the road.
Some
insurers may choose not to cover you, or may decide to increase your premiums
by a little or a lot because they have
assessed your flood risk differently.
The
insurer will normally appoint a claims adjuster in the event that you make a claim, this professional will be responsible for
assessing both the accident and the veracity of the claim (and any claims made
by other parties).
Vehicles registered in Puerto Rico are
assessed fees that provide basic CLI coverage and drivers have the option of purchasing additional coverage from a private
insurer licensed
by the territory.
An insurance underwriter's job is to
assess all the information regarding an application for an insurance policy or group of policies and determine the exact level of risk exposure that the
insurer would face
by issuing those policies.
Each
insurer has a different way to
assess the risk they will undertake
by insuring.
While PIP insurance is very broad in what it can cover,
insurers in Oregon can also require that you are
assessed by a doctor of their choice.
By offering services across both home and auto industries, Progressive is equipped to offer lower rates through bundled insurance plans, and the
insurer has already taken steps to improve the shopping process: Under Griffith's direction, the company recently launched HomeQuote Explorer, a first - of - its - kind tool used to compare insurance quotes for homeowners just as quotes are
assessed for drivers.
The
insurer will verify the documents and
assess the accident and if found satisfactory, you will get a lawyer appointed
by them.
Underwriting is the methodology applied
by life
insurers to examine or
assess the insurance risks before accepting or rejecting coverage and determining the appropriate premiums for them.
No two
insurers assess tickets the same way, so you can still save on a policy
by shopping around.
A local member of the Trusted Choice network will assist you
by helping you
assess your needs, suggesting policy options, and giving you free price quotes from a variety of competitive
insurers.
This risk will be noted
by the
insurer and will be
assessed a greater cost for office renters insurance.
A member of the Trusted Choice ® network can help you find the right coverage,
by assessing your insurance requirements, and comparing Irving life insurance quotes from multiple
insurers.
Both measures are already used
by lenders and mortgage
insurers to
assess a borrower's ability to pay.