Sentences with phrase «base policy coverage»

Having this policy means, if the life assured becomes a victim of an accidental death, the nominee will receive an additional benefit over and above the base policy coverage that is why it is said Extra Life option.

The amount of additional protection coverage you can buy depends on the amount of the base policy coverage.

It may be a percentage or a figure equal to the base policy coverage.

The amount you're able to buy depends on the amount of your base policy coverage.

The amount of additional protection coverage you can buy depends on the amount of the base policy coverage.

Not exact matches

Timely notice is especially crucial with so - called claims - made policies, under which coverage is based on when the claim was made rather than when the event took place, says Jay M. Levin, an insurance litigator at Reed Smith.

However, homeowners» policies are limited in coverage and you may need to purchase additional policies such as home - based business insurance to cover other risks, such as general and professional liability.

Based on our sample policy with $ 30,000 of coverage, we found that renters in Colorado pay an average of $ 222 per year for their renters insurance.

The policy goes into effect on August 1, but U.S. Department of Health and Human Services Secretary Kathleen Sebelius announced in a statement January 20 that religious organizations that do not provide contraceptive coverage based on religious belief will have until August 1, 2013, to comply.

A policyholder could find itself in the position of recalling on its own initiative or being asked by FDA to recall based on this «reasonable probability» standard, but not being able to satisfy the definition of «accidental contamination» under its specialty policy because it can not prove its product was W With the frequency of costly product recalls on the rise, many companies have considered purchasing specialty recall coverage to secure coverage for certain recall - related losses that are often excluded from general liability and property policies.

- Alexander Russo is a Chicago - based education writer whose web site, This Week In Education (www.thisweekineducation.com), covers school reform policy and media coverage of education issues.

The policy anniversary date, contestable suicide periods, conversion privileges, and optional riders may be based on the coverage effective date.

Individual policies can vary greatly in cost, however, based on your home's location and the coverage you choose.

That's a small expense, considering that at the base $ 15,000 level of coverage, you'd have to go 62.5 years of fifteen dollars monthly without ever having a personal property claim in order to not come out ahead on a claim for the policy limit.

You have the flexibility to choose the coverage term for the rider however the rider term can not exceed the premium payment term of the Base Policy.

That's because home insurance policies can differ dramatically based on company, type of coverage, age of the home, the type of structure, among a number of other factors.

Your renters insurance policy is written with actual cash value because that's the base default coverage.

Are there additional types of renters insurance coverage to consider adding on top of the base policy?

You can add different types of coverage with endorsements, but the base policy is unchangeable.

You can add different types of coverage with endorsements, but the base policy is what it is.

A typical homeowners policy is written on a special policy form, called an HO - 3 form, which provides contents insurance coverage on a named - risk basis.

It makes no sense to pay for a policy that could deny you coverage based on this reason alone.

A number of different types of coverage are included in the policy as standard, and you can extend coverage with a variety of endorsements based on your individual coverage needs.

Based on our single Bowling Green male driver, this subset of five insurers had the lowest quotes averaging $ 1,115 a year for a standard annual policy with coverage limits roughly twice the KY minimum.

For those with term coverage that have the WOP rider, you can convert your policy to a permanent policy if you are disabled for 2 years and base premiums will be waived.

Then you need at least $ 300,000 and possibly more in liability on that Halstead White Plains renters insurance policy — if you only have $ 100,000 of liability, you've potentially created a coverage gap based on your risk retention on the umbrella.

Take a look at your current policy for the basic coverage limits, deductibles, and the policy cost on a monthly or yearly basis.

Deductible is the amount you, as a policy holder, must pay towards repairs that need to be carried out based on the coverage your insurance provides before the insurance company pays its portion.

Depending on your insurer, this coverage may come standard with your landlord insurance policy or may be available as an add - on to a base policy.

It is for you to be able to file a claim and be reimbursed anytime there is need for it based on the coverage that your insurance policy provides.

The base level of coverage on most condo renters insurance policies will be $ 100,000.

Next time around, you may want a permanent policy so you can accumulate cash value on a tax - deferred basis or just for the hassle - free life coverage at a guaranteed premium amount.

All the policy types include hazard insurance in their base coverage.

A basic policy of, say, $ 15,000 - $ 20,000 personal property coverage and $ 100,000 of liability is what the national average cost is based on.

If you and your roommate are both named insured on the policy, and you have $ 10,000 of personal property coverage, you'll have to figure out what belonged to whom and you'll each get a prorated portion of the policy limit based on that.

Actual coverage amounts and limits vary based on individual needs and policy.

A term life insurance policy works exactly how it sounds; after purchasing coverage, or committing to pay for coverage on a regular basis, you receive life insurance for a certain number of years, or a «term.»

When coupled with a life insurance policy, the hybrid LTCi owner will also have the advantage of passing dollars on to family on an income tax - free basis if the policy was never accessed for long term care coverage.

Different underwriters look for different types of risk, and they price policies differently based on coverage and risk being assumed.

But if you want to avoid that dilemma, at least partially, you can take a whole life policy that will provide you with a base of coverage with level premiums for the rest of your life.

The dry version: Renters insurance is a policy with multiple types of coverage which is a subset of the homeowners policy form, issued to those who do not own their dwelling, and which does not offer coverage for the dwelling unit, usually on a broad form and named perils basis.

How can it impact your coverage, or even your ability to have a policy on an ongoing basis?

Your rates will differ based on your record and coverage, so it's in your best interests to compare policies from the best motorcycle insurance companies to get the best rates for your budget.

As you start searching for the best rates on umbrella policies, you probably already have an idea of the amount of coverage you need, based on the assets you need to protect.

Since they're named in the policy, this is called «coverage on a named perils basis».

You can either get a policy for each of you, which is the preferred method because it leaves no questions about splitting coverage on a pro-rata basis, or you could endorse the roommate onto your existing policy in many instances.

Because they're named in the policy, this is called «coverage on a named perils basis.»

You pay for your life insurance coverage with monthly premiums, which are calculated based on the size of your policy and other factors.

The base policy includes many vital coverages that you pay extra for elsewhere.

In addition to the life insurance coverage that is provided with a permanent plan, this type of policy will also include a cash value component where cash can accumulate on a tax deferred basis over time.