Sentences with phrase «between policy holders»

Utilized as a dispute resolution resource resolving differences between policy holders, contractors and insurance company.
Insurance is a type of a contract between the policy holder and the insurance company.
It should be noted that insurance companies must be notified of the collateral assignment of life insurance for the policy itself, but otherwise they remain at a distance when it comes to the terms between the policy holder and the assignee.
Life insurance is a contract between the policy holder and the insurance company where the insurer agrees to pay a sum of money to the beneficiary of the policy when the person who is insured dies.
The basic level of auto insurance is some kind agreement or bond between the policy holder who is considered as the first party and the auto insurance provider company which is said the second party.
Term insurance is a Life insurance which provides coverage for the policy term decided between the policy holder and insurer at the onset of the policy.
Life Insurance: It's a contract between the policy holder and insurance company, where the company promises to pay a stated death benefit in the event of death of a policyholder.
A life insurance plan is a contract between policy holder and the insurance company so as to provide life cover to the policy holder.

Not exact matches

The holder of the office has ultimate power over, and responsibility for, all policies made and implemented by government, seeing all Cabinet papers and being the sole arbiter of disputes between the organs of government.
Life insurance is simply a contract between an insurance company and a policy holder to provide a lump sum payment to a designated beneficiary when the policy holder dies.
Different companies offer different rates for the same amount of coverage, depending on how risky they view the policy holder; sometimes the variation in rates between one provider and the next is small, but in other cases, this variation could be hundreds of dollars a year.
The dividend is typically between 1 - 3 %, which means the CV of a typical mutual whole life policy holder is anywhere between 4 and 8 %.
According to the VPI Pet Insurance company, poisonings cost dog and cat owner policy holders almost $ 7 million over a four - year period between 2005 and 2009.
It addresses a range of issues, such as how statistics often is misused, how scientific progress is made in general, that the «scientific method» is not always as straightforward as one might like to think, the influence of stake - holders, the importance of knowing the context of the research, relationships between science and policy, and ploys designed to bypass logic.
A HRBA The hallmark of the HRBA is a focus «on the relationship between the rights - holder and the duty - bearer and revealing gaps in legislation, institutions, policy and the possibility of the most vulnerable to influence decisions that have impact on their lives.»
Mediclaim Policy is a type of contract between the insurer and the policy holder wherein the policy holder pays a fixed sum to the insurer and he, in return, promises to bear the money spent by the policy holder during hospitalizPolicy is a type of contract between the insurer and the policy holder wherein the policy holder pays a fixed sum to the insurer and he, in return, promises to bear the money spent by the policy holder during hospitalizpolicy holder wherein the policy holder pays a fixed sum to the insurer and he, in return, promises to bear the money spent by the policy holder during hospitalizpolicy holder pays a fixed sum to the insurer and he, in return, promises to bear the money spent by the policy holder during hospitalizpolicy holder during hospitalization.
A life insurance company is an organization that provides contracts between the «insurer» and the policy holder.
Pay until Termination: With most policies, there is a time between when a policy holder announces to the insurance company that they are discontinuing the policy and when the policy itself is cancelled by the insurance company.
A term life policy holder can get a better return by investing the difference between the premiums in a 401 (k) plan or other investment account.
Life insurance is an agreement between the policyholder and the insurance company to provide a predetermined amount to the policyholder's dependants in case of the holder's demise during the term of the policy.
Typically the policy holder will start receiving benefits anywhere between 30 - 90 days after he / she is made unemployed.
A Life Insurance Policy is essentially a contract between an insurance holder and an insurance company wherein the parties agree to certain conditions which provide the policyholder a lump - sum amount of money in case of his / her death.
It describes the policy holder's name, address, building limits and various of other coverage's and limits as discussed between you and your broker / agent.
The Policy Holder must be between 18 and 69 years of age and needs to be included in the cover as an Insured Person.
Life Insurance or assurance is a legal contract between the insurer or the insurance company, and policy owner / holder who is the person availing of the plan and whose family will receive money upon his / her death or any other event such as terminal disease.
$ 6.55 covers a single gold cover policy holder aged between 18 and 74 who is a Republic of Ireland resident and does not travel for longer than 180 days consecutively.
It also allows policy holders to choose among 4 portfolio strategies and make unlimited switches between funds (from 8 available funds).
Short term health insurance covers the policy holder for up to a year, which is ideal for some who are looking for coverage to fill a gap between regular policies.
Nor does use of this create newly any Insurer - Policy Holder relationship between you and Bajaj Allianz Life Insurance Co. Ltd. (Bajaj Allianz)
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).
Nevertheless, the typical ratio of payment between insurance companies and policy holder offer 80/20 ratio for con - insurance types of health policies.
Their financial size rating is an XI which means that they have between $ 500M and $ 750M in adjusted policy holder surplus.
It defines life insurance «as a contract between and insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person.»
An auto policy is a contractual agreement between an insured policy holder and an auto insurance provider.
ULIP policy holders can make use of features such as top - up facilities, switching between various funds during the tenure of the policy, reduce or increase the level of protection, options to surrender, additional riders to enhance coverage and returns as well as tax benefits.
A universal life insurance policy will typically allow the policy holder to move funds between the insurance portion of the policy and the cash value component.
[x] It is the ratio between the total claims that paid to the policy holder along with the adjustment and the total amount of premiums paid by the insured.
[x] An insurance where there is an agreement between the insurer and the insured, where the insurer (insurance company) agrees to pay a certain amount of money in the event of death of the policyholder or to the policy holder after a certain period of time.
The contract is between a «carrier» or insurance provider and the insured person or «policy holder».
Life insurance is a premeditated arrangement between an insurance company and the insurance policy holder, which acts like a financial protection cover for the insured's family after his death.
In case the policy holder dies in between the term tenure, then the policy sum assured with bonus amount will be paid to nominee of the policy.
Life insurance is a contract between an insured (insurance policy holder) and an insurer, where the insurer promises to pay a designated beneficiary a sum of money (the «benefits») upon the death of the insured person.
The benefit of general insurance for the policy holder is that independent agencies compare quote between many different companies rather than only offering quotes from a single one.
One reason for this is because the policy holder is able, within certain guidelines, to move funds between the insurance and the cash components of the policy.
The dividend is typically between 1 - 3 %, which means the CV of a typical mutual whole life policy holder is anywhere between 4 and 8 %.
In Kentucky, Pennsylvania and New Jersey policy holders may choose between the two systems and this is offered as a choice between «full tort» and «limited tort» (no fault insurance).
Technically, term plans can be described as a contract between the person insured and the insurance company wherein the company agrees to payout the lump - sum amount, referred to as the Sum Assured if the policy holder expires during the term of the plan.
The only criteria needed for the renewability of the policy is that the insurance holder should fall between the permissible age bracket.
Two different age bands provide for policy coverage ranges from $ 25,000 to $ 99,999, with a third band offering coverage of $ 100,000 - $ 250,000 to policy holders between 16 and 85 years old.
In legal terms, life insurance is a contract between an insurance policy holder (insured) and an insurance company (insurer).
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