Sentences with phrase «basic purpose of any insurance»

Thus, the basic purpose of an insurance policy is defeated.

Not exact matches

At the most basic level, the purpose of life insurance is to replace something of monetary value when someone dies.
The purpose of the program is to provide basic property insurance to qualified individuals at an affordable price.
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This page contains basic information about establishing liability for the purposes of personal injury insurance claims and lawsuits.
This page provides basic information about calculating lost income for the purposes of negotiating a personal injury settlement with an insurance company.
If you want to get a basic understanding of what life insurance would cost you, complete the form on the right and choose your face amount, term period and use a «Standard» rate class for all practical purposes.
* The above trust and tax information is for information purposes only and is provided to explain the general basics of irrevocable life insurance trusts and using life insurance to pay estate taxes.
The purpose of renters insurance to protection, and you ought to have a basic idea of the claim process so that you can work efficiently if you need to open a claim on your policy.
As part of Protective Life's ongoing commitment to life insurance education, this article explains the basics of survivorship life insurance and a few different purposes for which it can be used to benefit you and those you love.
While emotional loss can not be compensated, the financial loss suffered can be compensated considerably through insurance.Term Insurance, being the basic insurance plan, is the cheapest plan in the market where by paying a minimal amount of premium one can avail a high coverage for protection insurance.Term Insurance, being the basic insurance plan, is the cheapest plan in the market where by paying a minimal amount of premium one can avail a high coverage for protection Insurance, being the basic insurance plan, is the cheapest plan in the market where by paying a minimal amount of premium one can avail a high coverage for protection insurance plan, is the cheapest plan in the market where by paying a minimal amount of premium one can avail a high coverage for protection purposes.
Its purpose was to help educate the general public on the importance of life insurance; how life insurance works and the basics of the different types of available life insurance products.
Non renewal of a policy defeats the basic purpose of buying insurance, as it leads to loss of life cover and suspension of other policy benefits.
¹ The above tax information is for information purposes only and is provided to explain the basic tax treatment of life insurance based on the Internal Revenue Code.
This section: Explains the purpose of life insurance at its most basic Helps you figure out how to name a beneficiary Begins to explain how to calculate coverage amounts
What little is available is a generic and basic description of car insurance and its purpose.
Life Insurance Cover: Apart from being an investment plan the basic purpose of a ULIP is serving as a life cover for the policyholder.
A Term Plan with Return of Premium is meant to fulfil the basic purpose of any Life Insurance policy by providing financial security for the applicant and his family.
Traditional life insurance plans always fail in the basic purpose behind purchasing a life insurance cover i.e. of providing good life cover.
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