Sentences with phrase «by the policyholder when»

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

This death benefit is 10 % of the Sum Assured chosen by the policyholder when buying the plan.

A deductible is the out - of - pocket amount paid by the policyholder when making a claim.

The benefit paid would depend on the benefit option selected by the policyholder when buying the plan.

The benefit would depend on the option chosen by the policyholder when the plan was bought.

Not exact matches

Earn AIR MILES ® reward miles When you pay your premiums monthly by credit card or pre-authorized debit, you have the opportunity to collect AIR MILES ® reward miles every year as a CoverMe Guaranteed Issue Life policyholder.

As a mutual company, Northwestern Mutual is owned by its policyholders, some of whom are eligible to share in annual dividends when the company does well.

Earn AIR MILES ® reward miles When you pay your premiums monthly by credit card or pre-authorized debit, you have the opportunity to collect AIR MILES ® reward miles every year as a FollowMe Life policyholder.

In addition to damages caused by a fire, coverage also commonly includes loss of use coverage for situations when a policyholder must evacuate their residence.

Hippo Insurance offers prospective policyholders cheap quotes when compared to quotes offered by large insurance companies, like State Farm and Allstate.

The law also requires an insurer to protect the confidentiality of a person covered under an insurance policy when that person delivers to the insurer a valid order of protection against the policyholder or other person covered by the policy.

Families with annual cover are not required to travel together, and children under 18 travel free when accompanied by an adult policyholder.

When Fidelidade were joined in the proceedings they contended that their policy had been induced by fraud due to the policyholder's false statements: concerning the vehicle's owner and the usual driver.

The expert eye will notice when a policy interpretation can not make sense in the absence of the test «could you have sold it if that term was understood by the policyholder to mean that»?

The lesson to be learned is to be candid, up front and truthful when applying for insurance, ensure that the application is properly reviewed when filled out by someone other than the policyholder and if the claim is denied, make sure you get expert legal assistance.

Earn AIR MILES ® reward miles When you pay your premiums monthly by credit card or pre-authorized debit, you have the opportunity to collect AIR MILES ® reward miles every year as a FollowMe Life policyholder.

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.

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.

When policyholders think they're incapable of driving their vehicle safely - be it from drowsiness, impairment, or distraction, they can call a taxi service, and get up to $ 50 reimbursed by the insurer.

When the policyholder dies, his or her beneficiaries will still receive the death benefit, but it will be reduced by the amount already used for medical care.

Indemnity — When all loss is recovered by a policyholder and their financial status is restored to pre-loss conditions.

When a policyholder dies, the death benefit received by the nominee in case of type 2 ULIP is equal to sum assured plus fund value.

Child plans are plans offered by the company for the welfare of the policyholder's child even when the individual is not there.

An insurance contract will promise to pay out the sum assured when the premium is paid by the policyholder and an insured event occurs during... read more

Here are the points to ponder when planning to purchase term insurance policy - Adequacy of The Cover Amount Life insurance cover is the amount provided by the insurance company to the dependents of the policyholder in case of his demise in order to replace his earnings.

So this is how riders work — Rider + insurance plan = enhanced cover As you would have understood by now — riders are contingent in nature.They are «activated» by specific events — the events they are meant to cover.If and when the event is triggered, the policyholder receives the rider benefit.

While the policyholder has met his or her obligation by paying for the policy and, thus, the benefits that he or she could receive, an insurer has only just begun its obligation when it receives the premium.

By providing life cover as well as regular monthly income (annuity) after retirement, annuity / pension plans ensure that the policyholder remains financially independent and enjoys more or less the same lifestyle as he / she did when income was regular.

As a mutual company, Northwestern Mutual is owned by its policyholders, some of whom are eligible to share in annual dividends when the company does well.

Trip cancellation coverage reimburses policyholders for non-refundable expenditures and deposits incurred when a scheduled trip is cancelled for any reason acknowledged by the insurance policy.

Policyholder and family members if struck by another vehicle when a pedestrian or on bicycle (in some states).

The regulator has also asked the life insurers to report the matters on lapsations regularly to it,» The proceeds of the lapsed policies shall invariably be refunded to the policyholder after the expiry of the revival period or at any time after completion of 3 years term as and when demanded by the policyholder.

Then, the addition of a qualified long - term care rider will allow the life insurance contract to be accessed for living benefits by paying down the face amount of the death benefit when the policyholder qualifies for long - term care benefits.

Premiums paid on tax qualified long - term care policies, whether by an employee or employer, are tax deductible on Federal tax returns, and insurance benefits, when collected by a policyholder, are tax free.

However, you can maximize this by working with a mutual company a mutual life insurance company is when the policyholders have part ownership opposed to a regular company where stockholders are shareholders.

By far, Allstate provides policyholders with the most options when it comes to roadside assistance by offering three tiers of servicBy far, Allstate provides policyholders with the most options when it comes to roadside assistance by offering three tiers of servicby offering three tiers of service.

Although the requirements differ by state, Uninsured / Underinsured Motorist coverage pays for medical expenses, lost wages, property damage, and other general damages when policyholders or passengers are injured in an accident caused by a driver who does not have car insurance or has insufficient coverage.

Cancer insurance can assist you in reducing the costs which are incurred by individuals on cancer treatment, thereby ensures that policyholders have the financial support when they need it.

The Private car insurance policy by National Insurance Company Limited offers discount for choosing higher voluntary excess when policyholders renew their motor insurance online plans by National Insurance Company Limited

By law, when these «overpayments» reach a certain amount, they must be available to the policyholder as a cash value if he or she decides not to continue with the original plan.

When IUL policyholders decide to put funds in an indexed account — rather than receiving an interest rate chosen by the life insurance company, their cash value may be eligible to receive what is known as «indexed interest credits.»

When that time period ends, the policyholder has to renew the policy by paying the fixed price i.e. the premium to the insurance provider.

An insurance contract will promise to pay out the sum assured when the premium is paid by the policyholder and an insured event occurs during the contract's term.

The cover loses its validity when the policyholder reaches 75 years.Whereas at the lower age bracket say 25 years, the premium rates of LIC's e-term plan are competitive, the rates in the higher age category are higher when compared with the rates provided by private players.

In case the policyholder chose the option with the return of Purchase Price, then the policy terminates when the purchase price that was paid by the policyholder is refunded to his or her nominee.

When the insurance company receives an application from a policyholder seeking portability, it will provide the latter with a proposal form, a portability form, and details of various products offered by it.

By taking the rental reimbursement add - on, the policyholder gets reimbursement for these interim travel arrangements when his / her car is under repair.

Paid In Cash — This is the bonus which is declared by the Company on an annual basis and is paid out to the policyholder as and when declared

In whole life insurance policy policyholder is eligible to get bonus as and when declared by the company.

Coverage that pays additional expenses when a policyholder has to move out of their residence while repairs are made, as a result of damage caused by a covered loss.