(a) every continuing periodic amount payable
by an insurer as an income replacement benefit, education disability benefit, caregiver benefit or loss of earning capacity benefit in accordance with the Schedule shall be revised, effective the 1st day of January in every year after 1994, using the indexation percentage published under subsection 268.1 (1); and
It will highly prevent being played
by an insurer as they are good at this.
In addition, with all the sophisticated equipment on modern cars, a greater percentage of vehicles involved in accidents — nearly 20 % by some estimates — are being are being classified
by insurers as «totaled» — that is, the cost to repair them is more than the vehicles are worth.
You never want to have a home insurance policy cancelled
by an insurer as things can get very difficult and expensive for you when you attempt to find new coverage.
Commission In insurance, a percentage of the premium paid to an agent or broker
by the insurer as compensation.
Co-payment is a fixed payment (fee) for certain medical services, such as doctor visits, hospital admissions, therapy sessions, etc, required
by an insurer as a cost sharing arrangement.
If your bike is stolen, or so extensively damaged due to an accident that a repair is not possible, the IDV is paid
by the insurer as compensation.
Incentives given
by an insurer as an additional benefit to the insured for keeping the policy in full force throughout the term of the contract is called loyalty addition.
The Plan Participant acknowledges that certain of such information will be relied upon
by the Insurers as providers of the Coverage and that any inaccuracy therein may result in the invalidity of such Coverage as it relates to the Plan Participant, the loss of Coverage and all monies paid in relation thereto.
There are some occupations that are considered
by insurers as high risk than others for e.g. soldiers, pilots, fishermen, miners, off - shore oil or gas industry workers, etc. are considered more dangerous occupations that people working in offices with a desk job, shop workers, teachers, etc..
It is a document issued
by the insurer as an evidence of the contract between the insurer and the life assured.
The initiative is welcomed
by the insurers as it will decrease the number of fraudulent claims and increase effective settlement.
If you have completed the maturity period of the policy, then an incentive is given to
you by your insurer as the loyalty addition, for keeping the policy active throughout the tenure of the policy.
If a test is done at empanelled hospitals or centers, the customer is not asked to pay anything as all charges are settled
by the insurer as per the agreed rates.
Young drivers make up 13 % of the total population of licensed drivers in the United States, and are typically viewed
by insurers as the riskiest and costliest group of drivers to insure.
Some of the events known
by insurers as «named perils» that you can protect your rental property against are:
Employee groups and labor organizations are sometimes recognized
by these insurers as well.
First - time drivers are often perceived
by insurers as high - risk clients and, as such, are usually charged a higher premium than experienced ones.
Partial claim settlement: A very common challenge faced by policyholders is that only partial claim is provided
by insurer as a part of cashless insurance.
Not exact matches
May 1 - U.S.
insurer MetLife Inc said on Tuesday John Hele retired
as chief financial officer and will be succeeded
by the company's treasurer John McCallion.
May 1 (Reuters)- U.S.
insurer MetLife Inc said on Tuesday John Hele retired
as chief financial officer and will be succeeded
by the company's treasurer John McCallion.
May 1 - U.S.
insurer MetLife Inc said on Tuesday John Hele has retired
as chief financial officer and will be succeeded
by the company's treasurer John McCallion.
U.S. health
insurer Aetna, which has agreed to be bought
by CVS Health, reported a better - than - expected first - quarter profit on Tuesday
as an adjustment for low healthcare spending late last year offset a rise in flu - related costs.
The uncertainty around whether the Trump administration will continue these payments — known
as cost - sharing - reduction payments — has left
insurers jittery and contemplating leaving the individual insurance exchanges created
by the Affordable Care Act, or Obamacare.
The uncertainty Trump is sowing over the payments — known
as cost - sharing - reduction payments — has left
insurers jittery and contemplating leaving the individual insurance exchanges created
by the ACA, the healthcare law better known
as Obamacare.
China Oceanwide Holdings Group has agreed to buy U.S.
insurer Genworth Financial for $ 2.7 billion in cash, the latest in a series of moves
by Chinese firms to buy overseas assets
as their domestic economy slows and the yuan weakens.
The average annual cost of nursing home living in Florida, at $ 91,000 for a single bedroom accommodation, looks like a deal compared to the $ 136,000 for New York,
as calculated in research
by insurer Genworth.
Its primary business is specialty insurance, such
as insuring automobiles for drivers that do not meet the criteria for coverage
by standard automobile
insurers.
This shows up in our earnings results, in the trajectory of our membership growth, and also in the strength of our brand
as we continue to make great strides in improving the experience of our members
as evidenced
by the increase in our NPS and also our top ranking among
insurers in Temkin's customer satisfaction survey.
The study was sponsored
by the global
insurer and health services company Cigna, which is concerned about loneliness
as a societal problem but also because it's not just making us sad: It can literally make us sick.
Viola, based in Herzliya, Israel, said its fintech fund is backed
by a number of international banks, including Scotiabank and Bank Hapoalim,
as well
as insurer The Travelers Companies.
New data from LIMRA, an association providing research and consulting to
insurers, shows that just $ 30,000 in student debt can cut
as much
as $ 325,000 from your 401 (k) balance
by the time you retire.
Democrats
as well
as hospitals and
insurers have urged Republicans to consider how their plan would affect access to healthcare for the 20 million people insured
by Obamacare.
Amazon's overtures in that field were cited
as one reason CVS Health Corp., the nation's largest pharmacy chain, moved to bulk up
by agreeing in December to buy healthcare
insurer Aetna Inc. for $ 69 billion.
Over nine years, consumers» premiums have risen
by 89.2 per cent
as money paid
by their
insurers on their claims has risen
by 91 per cent.
Ottawa should encourage widespread investment in existing and new infrastructure
by institutional investors, such
as pension plans and
insurers, according to a new report from the C.D. Howe Institute...
They are not issued generally
by professional
insurers but
by other types of finanancial institutions that were very lax in acutairial supervision and don't have the funding set aside to pay out the swaps
as insurers generally do for their insured items.
The move struck observers
as odd because most plaintiffs seeking damages usually hope to settle the case
by leveraging the deep pockets of an
insurer.
Cigna Corp. and Express Scripts Holding Co. announced Thursday a $ 67 billion purchase
by the Bloomfield health
insurer in a deal that could help control health care costs
as consolidation picks up in the insurance and pharmacy benefits management...
A long - delayed merger between Henrico County - based
insurer Genworth Financial Inc. and China Oceanwide Holdings Group Co. Ltd. is being extended yet again
as the proposed deal remains under review
by some government regulatory agencies.
In addition, Gupte said the deal's impact on small and mid-market
insurers was seen
by specialists she consulted
as the «crux of the debate, rather than the detrimental impact of restrictions on the retail pharmacy network choices.»
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.
The top 20 property
insurers in Florida,
as ranked
by policy count, were served with 10,933 suits between Jan. 1 and March 31.
Product development last year was muted
as low interest rates made it difficult for companies to tweak lifetime guarantee withdrawals, step up benefits and the adjust fees charged
by insurers.
Through our platform, we were able to reduce medical costs significantly and administrative costs
by 50 %, which is unheard of in the market, for health
insurers such
as BCBS Michigan.
Omitted from the plan were federal subsidies that President Donald Trump ended for
insurers who lower deductibles and co-payments for lower - earning consumers,
as required
by the Affordable Care Act.
On September 15, 2015, BitPay filed suit against its
insurer, Massachusetts Bay Insurance Company («MBIC») to recover amounts owed under a commercial crime policy issued
by MBIC to BitPay
as well
as penalties for MBIC's bad faith denial
The
insurer's acquisition of Esurance is shaping up
as another flubbed deal
by an old - line company looking to buy growth.
AIA Group Ltd., the second - largest Asia - Pacific
insurer by market value, said its value of new business rose 26 percent in the first quarter,
as...
Effective January 1, 2013, Insurance Law § 2612 also requires a health
insurer,
as defined in that section, to accommodate a reasonable request made
by a person covered
by an insurance policy or contract to receive communications of claim - related information
by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger the person.