Sentences with phrase «by the policyholder on»

Benefits received by the policyholder on the completion or during the Policy Term are called Survival Benefits.

This plan can be purchased by the policyholder on the payment of a lump sum one time investment.

Not exact matches

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.

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

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.

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.

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.

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

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.

-- Mortality Charge is the amount charged every year by the insurer to provide the life cover to the policyholder on the life of the Insured.

Stock life insurance companies, on the other hand, are owned by their stockholders, who vote for the officers of the company, rather than by their policyholders.

Whereas whole life insurance provides fixed rates of return on the account value, at rates determined by the insurance company, variable life insurance provides the policyholder with investment discretion over the account value portion of the policy.

Based on the information provided by the policyholder, the insurance premium will be calculated.

However, an option now exists which enable policyholders to receive amounts more than cash surrender value by selling the policy on the life settlement market.

A policyholder might uncomfortable taking on the risk of their boyfriend or girlfriend by including them in their coverage.

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

Life insurance rates are set largely based on the risk of the policyholder dying while covered by the policy.

Wrongfully assuming a specific peril is covered by a renters insurance policy could be devastating to the policyholder and whoever else who else might depend on that coverage.

A.M. Best arrives at this rating by examining data such as policyholder reserve funds, other investment or operating contingency funds, and miscellaneous reserves reported as liabilities on the balance sheet.

The cash value will grow tax - deferred, meaning that there is no tax due on the gain unless or until the time that it is withdrawn by the policyholder.

Travel Protection coverages (except Pre-Departure Trip Cancellation and Post Departure Trip Interruption) will take effect on the later of 1) the date the plan payment has been received by the Policyholder; 2) the date and time you start your Covered Trip; or 3) 12:01 A.M. Standard Time on the Scheduled Departure Date of your Covered Trip.

This service allows our policyholders to request a virtual visit with a board - certified doctor 24 hours a day, 365 days a year, by web, phone or mobile app while they are on their trip.

In case of emergency, the first thing to do by the policyholder (or a person on his / her behalf) is to contact the Call Center within a maximum of 24 hours and obtain proper guidance.

The Insurance Bill may alter centuries old law on disclosure by commercial policyholders, warranties & remedies for fraud & place more emphasis on active underwriting, says James Deacon

If an insurer has reneged on its obligation to you or a policyholder claims your company is acting in bad faith, contact Buscemi Hallett LLP by calling 619-821-9163 or by sending us an email.

By the same token, a policyholder is also afforded latitude to press an insurer to settle, without jeopardizing her position on coverage on the grounds of non-cooperation in the defence.

The action was brought on behalf of a class of people defined as follows: The action relates to a transaction whereby $ 40,000,000 was taken from the participating policyholders» account of GWLAC and used towards the financing of the acquisition of London Insurance Group Inc. (the parent company of London Life Insurance Company) by GWLAC and Lifeco.

In a homeowners» fire case, she obtained a significant jury verdict for an insurance company client, including a finding of fraud on the part of the policyholder and a $ 330,000 damages award for her client, a verdict which was affirmed by the Second Circuit Court of Appeals.

The bad faith practices used by insurance companies can occur on a nationwide scale and affect thousands of policyholders.

For insurance contracts agreed or renewed on or after May 4, 2017 and governed by English law, the UK Enterprise Act 2016 introduces an implied term, affording the policyholder the right to recover losses caused by the insurer's failure to pay valid...

Insurance defense focuses on matters of protecting the rights of insurance companies in the defense of claims made by policyholders, typically as a result of a plaintiff filing a lawsuit against his or her insurance carrier after being denied an insurance claim.

Can a Vernon Hills Illinois auto insurance policyholder like me get a reduction on his premiums by completing a Vernon Hills Illinois online traffic school course like GoToTrafficSchool.com?

On the other hand, Schreier tells us that policyholders who are already on vacation in an area affected by a hurricane may require trip interruption or evacuation benefitOn the other hand, Schreier tells us that policyholders who are already on vacation in an area affected by a hurricane may require trip interruption or evacuation benefiton vacation in an area affected by a hurricane may require trip interruption or evacuation benefits.

As with whole life insurance, the cash value in a universal life (or UL) policy can grow on a tax - deferred basis, and the money in this component of the policy may be withdrawn or borrowed by the policyholder for any reason.

Depending on the policyholders needs, the policy death benefit can change over time by increasing or decreasing the premium deposits, within certain guidelines.

Finally, we should also note that some insurance companies will pay dividends depending on whether they are owned by the policyholders or not.

Can McHenry Illinois auto insurance policyholders get a discount on their premiums by taking the GoToTrafficSchool.com McHenry Illinois online traffic school course?

Medical payments may also cover policyholders and their family members when they are injured while riding in someone else's car or when they are hit by a car while on foot or bicycling.

Liability insurance provides coverage against a claim or lawsuit resulting from bodily injury or property damage to others caused by an accident while on the policyholder's property.

Atlantic Mutual earned our reputation by being there when it counted for their policyholders through such disasters as the Great New York Waterfront Disaster of 1853, the sinking of the Titanic in 1912, Hurricane Hugo in 1989, and the terrorist attack on September 11, 2001.

The maximum limit of liability payable by an insurance carrier on behalf of a policyholder during any given policy period

A study done in 2012 by American Institute for Chartered Property Casualty Underwriters on the impact of Massachusetts» aggressive policies indicated that state influence may actually be causing some policyholders to pay more than they should, because of cross subsidization practices to meet state guidelines.

Can a Georgia auto insurance policyholder like me get a reduction on his premiums by completing a Georgia online traffic school course like GoToTrafficSchool.com?

Variable Life Insurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie the policy.

Further Irda mandated the settlement of dues to policyholders through electronic mode and also the display of unclaimed amounts on their websites by insurers.

Lapsed Policy: If a policyholder fails to pay the premium on or prior to the due date, and doesn't pay the premium after the grace period too, the insurance provider ceases all the benefits provided by the insurance cover and abolishes it for the reason of non-payment.

* Examples of disclosures permitted by law would include disclosures to organizations, including our affiliated companies, which provide claims administration, underwriting, investigation or policyholder services for us or on our behalf.

The cost of a home insurance policy is based on several factors, including the amount of insurance you purchase, the perils covered by your policy, the type of property you insure, and the limits and deductibles you choose as a policyholder.