Sentences with phrase «by policy holders»

Hundreds of dollars can be saved every year by policy holders on auto insurance if they could use certain factors to their advantage and convince the insurance providers that they are much safer bet.

Ameritas if a mutual organizaton, meaning it is owned by its policy holders.

Mutual of Omaha is a mutual insurance company, meaning that it is owned by the policy holders as compared to a «stock» insurance company (like Allstate) which is owned by the shareholders and often traded on the public stock market.

Each policy is different, and policy premiums will reflect the coverage choices made by policy holders.

It is owned by its policy holders, and its management directed by a board that answers to those policy holders.

Organizations, businesses, companies and even civic groups are some of the widely used «mother» party by policy holders enrolled in this type of policy.

A mutual life insurance company is owned by the policy holders (or owners) verses a stock company which would be owned by the shareholders.

Mutual life insurance companies are owned by policy holders whereas stock life insurance companies are owned by shareholders.

Life insurance policies may serve as good tax planning tools since the premium which is paid by policy holders is something that is eligible for certain tax benefits that are listed under Section 80 (c) in the Income Tax Act of 1961.

Dividend paying policies are those policies which are owned with a Mutual Company — those companies that are NOT owned by shareholders, but by the policy holders themselves.

Longevity annuities are like «reverse life insurance», meaning premium dollars are collected by the life insurance company by its policy holders to pay income when a policy holder lives a long life, instead of collecting premium dollars and paying a death claim on a policy holder's short life in ordinary life insurance.

They claim that because of discrepancies in the information given by policy holders, the right amount of monthly premiums were not collected by auto insurance companies, resulting in huge amount of... (more) November 10, 2011

The grading, according to S Gopalakrishnan, New India Assurance General Manager, will not have any impact on the premium being paid by policy holders but would help the insurance companies in cutting down losses.

It is a mutual insurance company meaning it is owned by its policy holders.

The study says that because of the incorrect or misleading information that were supplied by policy holders, the auto insurance companies undercharged policy holders by $ 15.4 billion.

«The insurer simply does not want to pay so is making excuses», «my insurer took almost six months to settle my claim», «it was really cumbersome and painful to claim insurance», are some of those grievances expressed by policy holders when submitting a claim.

Mutual Insurance Company One of the types of insurance companies that you may be familiar with is a mutual insurance company, which is a company owned by the policy holders.

Because Frankenmuth Insurance is a mutual insurance company, this insurer does not have stockholders to contend to — but rather it is owned by its policy holders.

This plays into how a carrier can grow, over time, as a mutual insurance company is owned by policy holders, not stock holders.

Mutual companies are not owned by stock holders, but by the policy holders themselves.

Under this plan, the premiums paid by the policy holders are tax exempt under Section 80D of Indian Income Tax Act.

Premium payments made by the policy holders are liable to get tax exemption under section 80D of the Income Tax Act.

As a rule non-standard auto insurance policies are more expensive in terms of premiums paid by policy holders than those paid for standard policies.

Note: Several unrelated cancers may be claimed by policy holders, but this is subject to underwriting decision

As a mutual company, it is solely owned by its policy holders, and not by shareholders, and one of the few companies to remain structured like this today.

Ameritas is a mutual insurance company, meaning it is owned by the policy holders.

A mutual company is one that is owned by its policy holders.

Assurity Life Insurance Company is a mutual insurance company, meaning it is owned by its policy holders.

Dividend paying policies are those policies which are owned with a Mutual Company — those companies that are NOT owned by shareholders, but by the policy holders themselves.

Mutual life insurance companies are preferable when researching the ideal permanent life insurance for infinite banking in our humble opinion because they are owned by the policy holders, rather than the public shareholders.

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.

This means that the company does not have to answer to shareholders, but rather is owned by the policy holders that it serves.

Insurance brokers know that statistically more claims are filed by policy holders who have poor credit.

Dear Jessi, Normally in any ULIP, in the initial years, lot of charges will be deducted from the premiums paid by policy holders.

A mutual company is owned exclusively by the policy holders.

The process by which insurance companies, owned by policy holders, reorganize into companies owned by shareholders.

A mutual life insurance company is owned by the policy holders (or owners) verses a stock company which would be owned by the shareholders.

Unlike other coverage that have their coverage limits attached to Dwelling Coverage, the limit of personal liability coverage is usually set by the policy holders.

But what will be the consequences to be faced by the policy holders in such corporate consolidations.?

Although mutual companies are owned by the policy holders, stock companies who offer whole life products allow for participation and pay dividends to whole life policy holders in the same way.

Mutual life insurance companies are owned by policy holders whereas stock life insurance companies are owned by shareholders.

Number of days, months, or dollars paid by the policy holder before the company will begin paying benefits after they qualify for care.

Premium has to be paid by the policy holder, year on year, till the full tenure of the plan.

The policyholder can send a request for change of premium payment method, through a policy service request form which should be duly completed and signed by the policy holder.

Universal life insurance, on the other hand, is a type of insurance that is more fluid since it combines term insurance with an investment in the money market as preferred by the policy holder or advised by the insurance company.

The money can be either withdrawn or borrowed by the policy holder for any need that he or she sees fit.

Here, funds can build up over time on a tax deferred basis — and can be either borrowed or withdrawn by the policy holder should he or she need the cash.

IUL policies have a crediting strategy that is based on a variety of market indexes, usually chosen by the policy holder as an option.

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 hospitalization.

The cash in such policies may be either borrowed or withdrawn by the policy holder, and used for any need that he or she sees fit, such as the payoff of debts, the supplementing of retirement income, or even for taking a nice vacation.