Sentences with phrase «benefit under such policies»

There are various companies which have offered maturity and death benefits under such a policy, LIC is one of them.

Not exact matches

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and

If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

[Parties [are encouraged to][may][support and] implement][The [mechanism][framework] for] policy approaches and positive incentives for reducing emissions from deforestation and forest degradation; and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks [and associated non-carbon benefits]; as well as [the [mechanism][framework] for] alternative policy approaches such as joint mitigation and adaptation approaches for the integral and sustainable management of forests; [and also the associated non-carbon benefits]; [which] consist of the decisions, methods and guidance already adopted under the Convention; [Parties are encouraged [to support their effective implementation][to implement] the [mechanism [s]-RSB-[framework [s]-RSB--RSB-.

Paragraph 2: Parties are encouraged to take action to implement and support, including through results - based payments, the existing framework as set out in related guidance and decisions already agreed under the Convention for: policy approaches and positive incentives for activities relating to reducing emissions from deforestation and forest degradation, and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries; and alternative policy approaches, such as joint mitigation and adaptation approaches for the integral and sustainable management of forests, while reaffirming the importance of incentivizing, as appropriate, non-carbon benefits associated with such approaches.

That permits the avoidance of double recovery through the deduction of state benefits, such as under the Social Security Recovery of Benefits Act 1997 and it also takesinto account any interim payments made under a victims comprehensive policy of inbenefits, such as under the Social Security Recovery of Benefits Act 1997 and it also takesinto account any interim payments made under a victims comprehensive policy of inBenefits Act 1997 and it also takesinto account any interim payments made under a victims comprehensive policy of insurance.

In any action in Ontario against the licensed insurer or its insured arising out of an automobile accident in Ontario, the insurer shall appear and shall not set up any defence to a claim under a contract made outside Ontario, including any defence as to the limit or limits of liability under the contract, that might not be set up if the contract were evidenced by a motor vehicle liability policy issued in Ontario and such contract made outside Ontario shall be deemed to include the statutory accident benefits referred to in subsection 268 (1).

Any average person applying for this additional insurance coverage would understand a «policy of insurance» to mean an optional, private insurance contract and not a mandatory statutory scheme such as the CPP; so future CPP disability benefits do not reduce the amount payable by the insurer under the endorsement.

As such she was eligible for accident benefits under Ontario's Statutory Accident Benefits Schedule («SABS»), which provides for statutory accident benefits in accordance with the terms of a person's insurancebenefits under Ontario's Statutory Accident Benefits Schedule («SABS»), which provides for statutory accident benefits in accordance with the terms of a person's insuranceBenefits Schedule («SABS»), which provides for statutory accident benefits in accordance with the terms of a person's insurancebenefits in accordance with the terms of a person's insurance policy.

Where benefits are available under more than one policy, such benefits will have to be coordinated.

Yet accident benefits under standard automobile policies such as the $ 400 weekly income replacement benefit or the $ 1,500 month for attendant care has not increased to reflect inflation at all.

Insurers can pay death benefit in installments over a definite period of time and at a defined rate of interest, as approved under the «file and use» procedure on the declining balance if such an option is provided at the inception of the policy.

Such double benefit shall be available under the Policy for a maximum of 7 days.

The federal, state and local taxation of benefits paid under this policy will depend on a variety of factors, including whether and to what extent the employee pays for this coverage and the extent to which such coverage is paid for on a pre-tax or after - tax basis.

While the policy cash values may be determined by reference to an index - linked crediting strategy, such cash values support the death benefit offered under the policy.

Benefit for diagnosis of a specified critical illness (such as but not limited to cancer, heart attack or stroke) or for a covered procedure; such coverage generally provided under a CI policy or CI rider attached to another type of policy

Special benefits such as a partial waiver of interest amount on Traditional Policies, relaxed underwriting norms by simplifying the DGH (Declaration of Good Health) form and waiving medicals for some policyholders are extended under such campaigns.

When your pharmacist, dentist or hospital bills Manulife directly, but the full amount of the claim is not covered by your policy, such as where you are required to make a co-payment under the Schedule of Benefits section of your Policy or where you have reached your benefit maximum at the time the service is rendered, you will have to pay the balance directly to the propolicy, such as where you are required to make a co-payment under the Schedule of Benefits section of your Policy or where you have reached your benefit maximum at the time the service is rendered, you will have to pay the balance directly to the proPolicy or where you have reached your benefit maximum at the time the service is rendered, you will have to pay the balance directly to the provider.

Benefit for the death of an insured person; such coverage generally provided under a life insurance policy

Benefit for being disabled, as defined by the contract; such coverage generally provided under a DI policy or DI rider attached to another type of policy

Benefits specifically for the care and treatment of cancer; such coverage is generally provided under a Cancer Expense Policy

Under such a set - up, both premiums and the benefit either increase or decrease over the life of the policy.

Under such scenario, no benefits are payable to the policyholder if the policy has not acquired any paid - up value.

Endowment plans such as LIC single premium policy allow an insured to avail tax benefits under section 80C of the Income Tax Act and even section 10 (10D), subject to certain stipulations

It is not necessary that only death benefit will be covered under such policy, like pure term insurance scheme.

Tax Exemption u / s 10 (10D): The policy proceeds such as death benefit, maturity benefit, bonus (if any) under a child plan, not only offers financial assistance to your child, it also provides tax exemptions on policy payouts under section 10 (10D) of the Income Tax Act.

This benefit is included in most travel insurance policies under Trip Cancellation and Trip Interruption, which can reimburse your prepaid and non-refundable trip expenses if you are unable to travel due to unforeseen circumstances, such as an earthquake, and you meet your policy's specific requirements for coverage

Medical insurance may include any type of health insurance policy, such as regular health policy, top up / super top up, critical illness fixed benefit health plans and also the critical illness rider opted under a life insurance policy.

If the accident benefit has not been opted for under an existing policy, then it may or may not be added subsequently, depending on whether the plan allows such a later addition.

· Save Benefit - Under this option, the Sum Assured is paid immediately on Death or Diagnosis of any of the Critical Illnesses mentioned and 100 % of the future premiums are paid by the insurer towards the Fund such that the entire Fund Value is paid to the beneficiary when the policy matures

All the benefits under the lapsed Policy shall be revived upon such revival without interest.

· Save - n - Gain Benefit - Under this option, the Sum Assured is paid immediately on Death or Diagnosis of any of the Critical Illnesses mentioned and 50 % of the future premiums are paid by the insurer towards the Fund such that the entire Fund Value is paid to the beneficiary when the policy matures.

* Experience of working with Computerised maintenance management systems (CMMS) * Familiar with safe systems of work such as Permit to Work, Enter, Hot Work, Confined Space Entry * High concern for Safety and standards Details: * Salary: # 32500 a year * Hours of Work: 8 hour days - 37.5 hrs per week with an element of cover for some 12 hour shifts during the year (approx 10 - 15 days) * Duration: Permanent Role of a Maintenance Engineer: * Work under the guidance of the engineering supervisor to perform and complete the assigned duties * Maintain accurate records of maintenance data input / output * Evaluate equipment performance and recommend improvements * Following safety procedures and company policies for equipment operation Benefits of working as a Maintenance Engineer: * 25 days holiday plus 8 B / Holidays * Career progression * Private Health care, * Defined Contribution Pension Scheme If you are interested in the role of Maintenance Engineer please click apply.