Sentences with phrase «by the insurance policy holder»

Consideration is the premium payment that is made by the insurance policy holder.

Not exact matches

Some 70 % of shares in U.S. - listed companies today are held by mutual funds, pension funds, insurance companies, sovereign funds, and other institutional investors, which manage them on behalf of beneficiaries such as households, pensioners, policy holders, and governments.

Insurance companies can only turn a profit by having lots of people paying in who hardly ever go to the doctor or by turning down claims, which makes it worthless to the policy holder.

The most common reason for a condo insurance claim to be denied is that the policy holder is making a claim for damages that are not covered by the policy.

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

However, more than 75 lakhs policy holders of Max Life are now going to be taken over by an insurance company with lower CSR.

It has been argued over the years by insurance firms that mortality fees should not be taken into account as such charges are meant for provision of life coverage to the holder of the 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.

Life insurance companies are harmed by low rates because they need high income from their investments to pay future obligations to policy holders and those receiving annuities.

By understanding and taking advantage of insurance quotes, Sacramento policy holders can make sure that the coverage they purchase is as affordable as possible.

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

It also covers the cost of a policy, usually issued by a title insurance company, that insures the policy holder in a specific amount for any loss caused by discrepancies in the title to the property.

A recent survey by LIMRA found that holders of life insurance policies intended use their payouts as follows:

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

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.

There is also a way to make updates and changes to a policy holder's account by simply logging in to the Vantis Life Insurance Company website.

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.

In the ABS market, a surety bond is an insurance policy typically provided by a rated and regulated monoline insurance company to guarantee securities holders against default.

All insurance companies doing business in the United States are regulated by state law, and required to maintain enough capital and surplus to satisfy their obligations to their policy holders.

In section (1) the statute requires auto insurance companies licensed in the state to cover the injuries and property damage of their out - of - state policy holders if it is «arising from the ownership, operation, maintenance, or use of a motor vehicle as a motor vehicle by an out - of - state resident.»

With rate guarantees preventing insurers from increasing the rates of existing policy holders, many Canadian insurers have been forced to increase the cost of new permanent life insurance purchases by up to 50 %, and more increases are likely.

Like any other Life Insurance, here also you will get assured sum after maturity and in case of death of the policy holder the nominee will be benefited by the amount.

The disease can not be said to be pre-existing if it was merely opined so by the doctor on basis of talks with the patient, the forum said while asking the National Insurance Co Ltd to pay Rs 75,000 to a policy holder for rejecting his claim for reimbursement of his wife's treatment expenses.

The size of the surrender charge will vary from insurance company and will also depend on other factors as well which will be spelled out in the information sent by the insurance company to the policy holder.

The collateral assignment of life insurance form must be signed by the policy holder and the person who is the assignee.

There are some unique discounts that Nationwide Insurance offers, which includes such things as a student having a B or 3.0 average in school, by being a long term policy holder with the company for at least five years, by being a homeowner, and taking a accident prevention course from a states Department of Motor Vehicles to just name a few.

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.

When the insurance claims process progresses to the point where the insurance company adjuster is involved and processing an estimate for the damages for the insurance company, some policy holders feel they would be better served by hiring a Public Insurance insurance claims process progresses to the point where the insurance company adjuster is involved and processing an estimate for the damages for the insurance company, some policy holders feel they would be better served by hiring a Public Insurance insurance company adjuster is involved and processing an estimate for the damages for the insurance company, some policy holders feel they would be better served by hiring a Public Insurance insurance company, some policy holders feel they would be better served by hiring a Public Insurance Insurance Adjuster.

In order for the estate tax to be paid by the life insurance, the wishes of the policy holder must be carried out by the beneficiary with the understanding that this is how the money is to be used.

Adjuster: An expert employed by the insurance companies to evaluate the losses of their policy holders and settle claims.

For over 50 years the company has served its policy holders by providing final expense burial insurance policies for its customers.

Deductible refers to the car insurance policy holder's share of loss or damage suffered by the object insured.

Earned premium naturally means that the insurance company did not have to pay claims to the policy holder for the elapsed time period since a payout on the policy would inevitably mean reducing the portion of the earned premium equal to the loss incurred by the policy holder and at times even resulting in loss for the insurance company as they might have to pay out more for the loss than the amount they have earned.

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

A NJ renters insurance policy holder took his insurance claim to small claims court when his renters insurance company refused to pay a claim caused by a broken washing machine.

Brand New car hit, only 1,000 miles by a Farmers Insurance Policy Holder Someone backed into my brand new car, they took fault.

Rated A + by AM Best, A. Central provides auto insurance coverage to more than 10,000 policy holders in New York.

Renewable Term Life Insurance that is in force for a stated period, and can be renewed by the policy holder (or owner) at the end of each term for a limited number of terms without proving insurability of the insured

Claiming that IRDAI is distributing bonus to insurance policy holders out of the funds invested by insurance companies with IRDAI.

As customers were left in a quandary post the suspension of cashless facility, the Insurance Regulatory and Development Authority (IRDA) in August came out with a circular stating that the policy holders undergoing treatment would continue to get cashless benefit even if the hospital where they are admitted is delisted by insurers from cashless cover.

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

What portion of the earned income is covered by this insurance much depends on the individual policy holder.

As a licensed insurance producer, we are regulated by your state of residence and are required to meet strict regulations that ensure you are protected as a policy holder.

While the policy holder can keep multiple policies under one e Insurance Account issued by the authorities in the new system, the digitization also allows to reduce the cost of managing accounts at the insurer end.

Auto insurance companies like Geico, Progressive, and Allstate spend millions of dollars each year advertising the savings that insurance policy holders could save by switching companies.

Therefore, once the insurance agreement is inked, the holder of any universal life policy is strictly forbidden by IRS rules from attempting to influence the investment decisions of the insurance company or its representatives.

Note: The additional costs & debts to car insurance policy holders will increase by 50 percent or more by year 2020.

Greetings, i purchased the travel insurance for our 6day trip to the florida keys, flight down and trip itself was fantastic / / however on the return flight the plane us air flight 1807 was delayed by 2 hours at first then they delayed again another hour, total of 3 hour delay / / we had a connecting flight to catch in philia off course we missed that and the airline had no other flight out / / by the way we didn't land until 1; 30 am no train nothing available, so there we were, so i called my son a police officer and he took off work and drove 2 hours at 1; 30 am at night to come get us and bring us home, so i called allianz insurence and there words were you have to be delayed 6 hours or more to qualify well you all know that most flight that are delayed more than 2 hours you will miss your connector, especially at 1; 30 am in the wee hours of the morning / / so they read the fine print off the policy that was on page 10 say ing a delay of 6 hours to qualify / / ok so what about trip interruption clause / / he says falls under same clause / / ok what about trip cancellation clause / / in essence us air cancelled my connector??? agent says same thing / / so another words thats how they make there money by not helping a paid policy holder his due compensation fee for a legitimate claim!!

My bet is that you would find that your experience with CSA is mirrored by the experiences of policy holders with any other travel insurance provider for the same losses.

This insurance acts much like Bodily Injury Liability insurance, except it covers the policy holder and their passengers when they are in an accident caused by a driver with no insurance.