Sentences with phrase «by a policyholders by»

Last month I started a series of post about Petplan's statistics of the most common claims submitted by policyholders by month.

Whereas, opportunity fraud is created by a policyholders by over stressing a genuine claim or providing wrong information related to the pre-existing diseases etc. to get the underwriting done in their favor.

Not exact matches

Mutual insurance companies don't have shareholders and are, in essence, owned by their policyholders.

Based on our policyholder, doubling your deductible from 0.5 % to 1 % (that's from $ 1,000 - $ 2,000) could drop your annual homeowners insurance premium down by 10 %.

Midland National is accredited by the Better Business Bureau, and has earned an A + (Superior) rating from A.M. Best, a large third - party independent reporting and rating company that rates an insurance company on the basis of the company's financial strength, operating performance and ability to meet its ongoing obligations to policyholders.

Mutual life insurance companies are owned by their policyholders so, if the insurer brings in more money than is spent, the profits are distributed as dividends.

Unlike fixed indexed annuities that protect annuitants from market losses, structured VAs expose policyholders to the possibility of losses beyond a protection buffer offered by the insurer.

Remember that the policyholder tarnishes their claim history with each one they file, including claims filed by anyone else listed on the policy.

A prominent business magazine, Caixin, said in May 2017 at least 30 billion yuan ($ 4.3 billion) of that money really came from premiums paid by policyholders — a violation of insurance regulations.

Under English law, which often applies to such policies involving international trade, because insurance contracts are «of the utmost good faith», the policyholder is required to disclose all «material» facts to the insurance company even if no question is asked by the insurance company.

They commit investors to shorter terms and expose policyholders to losses beyond a protection buffer offered by the insurer.

Notably, most cyber liability policies only respond by covering third - party damages or damages affecting someone who is not the policyholder.

So a dog really is part of the family — since a policyholder's immediate human family members are also covered by renters insurance personal liability.

Any damage or medical expenses related to a policyholder's dog are covered by renters insurance liability.

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.

The matter is complicated by the fact that 300,000 policyholders have died since the compensation scheme began, although the Treasury insists that some headway has been made in this respect.

Despite the double - digit hike on the individual exchange, the Cuomo administration touted its vigilance, saying the department reduced insurers» requested 2017 rate increases by more than 28 percent overall, which will save policyholders more than $ 302 million.

Our members» interest in governance has always been driven by their desire to generate value for policyholders over time.

«By limiting the amounts reimbursable under no - fault law to New York parameters, the regulation eliminates abuses and ensures that policy limit amounts will provide for necessary policyholder benefits and lost wages, while leveling the playing field for New York insurers.»

Every New Yorker who pays for home, auto or business insurance would foot the bill: In the event of PRI's demise, its unpaid claims would be paid by the state's insurance company guaranty fund, with the cost ultimately passed on to policyholders statewide.

You, the policyholder, can do this by logging onto your Auto & General online profile and activating the AutoSOS service for the regular driver on your policy.

So a dog really is part of the family — since a policyholder's immediate human family members are also covered by renters insurance personal liability.

We'll use the example of a fire which was negligently caused by the policyholder.

Your premium not only pays for the cost of insurance, but is also invested in an account managed by the insurance company and shared with all other par policyholders in Canada.

A higher deductible means more risk being taken on by the homeowner, and that additional risk makes it cheaper to insure the policyholder.

Policyholders can hedge their bets by purchasing a return of premium rider.

Lightning strikes were responsible for $ 739 million in homeowners insurance losses incurred by nearly 100,000 policyholders last year, an increase of 9.7 % from 2013, according to the Insurance Information Institute.

However, if the person bitten by the policyholder's dog needs to go to the hospital to get stitches, reconstructive plastic surgery, or other medical attention, the cost will likely warrant a liability claim.

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding loadings for modal premiums, if any, and applicable taxes.

The third number is the claim limit a policy will pay to another party for any property damaged by the policyholder, or rider.

Dollar - amount deductibles are a set amount chosen by a policyholder when they purchase a home insurance policy.

While the company doesn't have as many homeowners discounts as it does for auto policyholders, it compensates by offering more competitive homeowners rates.

Mutual insurance companies don't have shareholders and are, in essence, owned by their policyholders.

* Annualised Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.

It's the same premise as TRIA, which was recently reauthorized by Congress, designed to keep insurance companies stable for their policyholders while still offering the coverage in a form that people can purchase if they want it.

* Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums and loadings for modal premiums, if any.

But a policyholder who operates a daycare out of their home will likely be required by their homeowners insurance company to purchase an endorsement or a separate commercial policy.

For the stated value of a collection to be covered, policyholders need to have a collection valued by an appraiser.

Like other losses, such as those caused by a fire or wind damage, a policyholder can only write off what they were not reimbursed for.

4 CIBC Payment Protector Insurance for Credit Cards is optional creditor's group insurance underwritten by Canadian Premier Life Insurance Company under a group policy issued to CIBC as group policyholder.

But wave goodbye to Penn Treaty, not that it will be missed except by policyholders that don't get full payment.

By linking the interest rate to an equity index, an EIA allows the policyholder to potentially benefit from returns associated with a rising market.

With a scheduled property floater, the policyholder insures by item rather than by category and the insurance company agrees to accept limits based on the appraisals.

72 (t) Free Withdrawal RiderAny withdrawal charges and MVA will be waived for the amount which would comply with substantially equal periodic payment requirement to avoid tax penalty for policyholders younger than age 59 1/2, as required by IRS Code 72 (t).

In order to protect all policyholders, the adjuster needs to be certain that liability should, in fact, attach to the insured and the carrier before stating that it does by paying the claim.

And since the Accumulation IUL is also part of the Vitality Program, qualifying policyholders can earn rewards, such as more income earned by staying healthy.

As dividends are treated as a return of premium by the IRS, they are not taxable to the policyholders who receive them.

Also, as permanent insurance, the cash value account in universal life grows tax - deferred and can be accessed by the policyholder in the form of loans or withdrawals, subject to any applicable policy provisions.

Essentially, you, as a policyholder, get to participate in the profits of the company (as determined by the insurer once they've paid all death benefits and other business expenses).