Sentences with phrase «because as a policy holder»

It is vital to know the benefit period for your travel medical insurance because as a policy holder, you have the right to know for how long you will continue to receive benefits.

Not exact matches

Back in 2005, Tony Blair held a meeting with Tory MEPs in his role as holder of the Council presidency, during which he implored us to support his Government's policy because he couldn't count on his own party's representatives to do so.

A related reason why a mutual life insurance company is preferable is because excess profits are NOT used for purposes that do not benefit the policy holders, such as large executive bonuses AND a conflict could arise if a stock company is concerned.

Because the companies are mutual companies, which are owned by the policy holders (in contrast to stock companies), the profits are returned to the policy holders as return of premium in the form of dividends.

Because of this, policy holders can choose the option that best fits their needs — and, they may also be able to change or alter their coverage as their needs evolve.

By that definition, plaintiff as the UM policy holder was covered because she had not intended to harm herself.

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).

Because of its strong financial foundation and timeliness of paying policy holder claims, Assurity has been rated as an A -(Excellent) by A.M. Best Company.

This is important to policy holders because without the appropriate level of financial backing to meet its obligations defined as pure losses, the company will quickly become insolvent and the policy holder is no longer guaranteed some or all of their benefits under their policy as a result.

Trying to out one in front of the other in importance is impossible, because any way you cut it, as a policy holder you have to have both or there is no point in buying any car coverage at all.

Dividends issued to holders of participating policies are received tax - free, because they are defined by the IRS as a return of overpaid premium.

This is because this type of coverage can help policy holders to protect their loved ones from the high cost of final expenses and other debts, as well as from the loss of income should a family's bread winner pass away unexpectedly.

But many Americans feel that because of this law, their rights as policy holders are being abused.

However, for particular products, such as dividend paying whole life insurance, a mutual company will often be the better choice primarily because the of annual dividends returned to policy holders.

This is because, as the policy holder's circumstances change, the primary insured can modify the coverage to keep payments affordable.

The payment of dividends to policy holders offers significant tax advantages for cash value growth because the dividends are not taxable as income but are viewed under current tax laws as overpaid premiums being refunded to policy holders.

A related reason why a mutual life insurance company is preferable is because excess profits are NOT used for purposes that do not benefit the policy holders, such as large executive bonuses AND a conflict could arise if a stock company is concerned.

But, In India, even today the topic of oral health care is not well structured and articulated and because of that As of now there are no great number of companies which facilitate the policy holders with the dental insurance and all the insurances like health insurance, have their own limitations.

This is also referred to as the cash surrender value because it represents what the holder can receive in cash by canceling the policy completely.

already have cancer or any of these disease what they asked in their heath questions but declared as «NO health issues», because policy holder even not know itself and eventually dies..

As explained above, first the company pays at the time of death of the policy holder and because of its Waiver of Premium (WOP) feature it continues to invest in the fund on the behalf of the policyholder.

According to the commissioner's department, practices such as the ones they describe going on in the state auto insurance industry are unfair to insured policy holders in Texas because they do not provide these drivers with the coverage they think they are getting, and they do not allow cars to be restored to their previous condition after an accident.

Renters insurance claims can be expensive for you as a policy holder as well as for the insurance company, because there are out of pocket costs involved and because you may see higher rates in the future after a major claim.