Sentences with phrase «change the person insured»

For example, adding a business exchange rider to a permanent policy, allows you to change the person insured should that employee leave the company.

Not exact matches

Fifty years ago, it would have been more common to insure crops than to insure personal property, but with the rate of change, there's now a real need for people to have coverage.

If the Insured Person told us that he / she was a smoker and it has been 12 months or more since he / she last smoked or used any substance or product containing tobacco, nicotine or marijuana, he / she can apply for non-smoker rates by completing a Business Credit Life Insurance Notification of Change Form.

Some policy forms might make small changes to the definition of an insured person, or of a covered peril.

Has the authority to name or change the beneficiary — the person who gets the money when the insured dies

Often the single - occupancy benefit is stated this way: «The Company will reimburse the Insured, up to the Trip Cancellation and Trip Interruption Maximum Limit shown in the Schedule or Declarations Page, for the additional cost incurred during the Trip as a result of a change in the per person occupancy rate for prepaid, non-refundable travel arrangements if a person booked to share accommodations with the Insured has his / her Trip canceled, or interrupted due to any of the Unforeseen events shown in the Trip Cancellation and Trip Interruption section and the Insured does not cancel.»

To insure that the game is optimally fun no matter the number of players, we implemented a cool and innovative feature that allow us to change the levels layout in real time according to the number of players currently in the game, so that is is always well suited (especially the puzzles) to how many people are playing.

«For property and casualty insurers, climate change represents an important challenge because the rising seas, the increased risk of drought, fire and floods, and the stronger storms that may occur will have a huge impact on the claims of the people insured.»

This is important because IPCC is required to discuss significant claims that appear in peer - reviewed journals and IPCC report drafts are reviewed by enough people (including «climate change skeptics») to insure that such papers are not ignored.

Insured persons who «cash out» their benefits have a two - day cooling - off period to change their minds.

(5) An insured person shall submit an amended treatment confirmation form if, during the course of treatment under the Minor Injury Guideline, he or she changes the health practitioner who is responsible for providing goods and services described in the treatment confirmation form.

281 (1) After the Licence Appeal Tribunal issues a decision, the insurer shall not reduce benefits to the insured person on the basis of an alleged change of circumstances, alleged new evidence or an alleged error except as provided under this section.

(1) When a benefit is first paid or the amount of a benefit is subsequently changed, the insurer shall provide the insured person with a written explanation of how the amount of the benefit was determined.

(11) An insured person shall submit an amended treatment confirmation form if, during the course of treatment under a Pre-approved Framework Guideline, he or she changes the health practitioner who is responsible for providing goods and services under the treatment confirmation form.

The September 2010 legislative change to the definition of «insured person» in the SABS, requiring a claimant to be a spouse or a dependent of an individual, does not restrict a claimant from being a spouse or dependent of a regular user

«Of significant concern are the proposed changes to the ability of an insured person to resolve disputes about what is fair and adequate for their injuries through the courts.

(3) The Insured Person must not be traveling during a period of time when the Insured Person is preparing or waiting for, involved in, or undertaking a new, changed or modified Treatment program with respect to the Pre-existing Condition, and is not traveling subsequent to any such new, changed or modified Treatment program having been advised or recommended; and

Each time insured people renew their policies, they have the opportunity to comparison shop and change to new providers if they discover one that offers a lower premium for the right coverage.

fails to change beneficiary per insured person request and insured person passes away what could I possible do about I talk to the agent and she doesn't understand why it isn't in system file also spoke with person at insurance company they told me to get agent and have her find the paper work where changes were made

A. Full coverage is a subjective terminology, and insurance needs change from person to person, vehicle to vehicle, and state to state, but it is common to define policyholders who purchase comprehensive and collision in addition to the required personal injury protection, liability, and uninsured or underinsured motorists as fully insured.

An insurance agent told me that no matter who pays the premium, the policy belongs to the insured once they are 21 or older and that person can change the beneficiary to whoever they want to.

Some travel insurance plans also reimburse travelers for the change in per - person occupancy rates if a traveling companion has to return home but the insured continues the trip.

If the Insured Person told us that he / she was a smoker and it has been 12 months or more since he / she last smoked or used any substance or product containing tobacco, nicotine or marijuana, he / she can apply for non-smoker rates by completing a Business Credit Life Insurance Notification of Change Form.

The policyholder can nominate a person (the beneficiary) to receive the Death Benefit in the event of the demise of the life insured or make a change in nomination at any time during the tenure of the plan, provided the plan is in force, by submitting a written request to the insurance company.

Your premiums are fixed for the duration of coverage unless they change for all insured persons under the policy.

the Insured's additional cost as a result of a change in the per - person occupancy rate for prepaid travel arrangements if a Traveling Companion's Trip is interrupted, and the Insured's Trip is continued.

The Insurer will not pay for any loss or expense incurred as the result of an Injury, Sickness or other condition of you, traveling companion, business partner or Immediate Family Member which, within the 60 day period immediately preceding and including your coverage effective date: first manifested itself or had symptoms which would have prompted a reasonable person to seek diagnosis, care or treatment; or for which care or treatment was given or recommended by a Physician; or required the taking of prescription drugs or medicines, unless the condition for which the drugs or medicines are taken remains controlled without any change in the prescription drugs or medicines.The Insurer will waive this exclusion if the Insured meets the following conditions:

Depending on who you want to insure, the calculation for how much key person coverage you need will change significantly.

Life insurance is actually the only type of gift that is subject to a three - year look - back in an extension of that rule, which helps the IRS determine whether or not the ownership of a policy was changed solely because the person being insured believed they were going to die soon.

Change of the death benefit type, for owners of universal life insurance policies, can also be made that will either include or exclude in the proceeds any accumulated cash value when the insured person dies.

If an insured person has a change of health, or if they decide that they need a permanent form of life insurance for another reason, they can actually convert the term into another form of life insurance.

FU5XRVVSQHF8 Material changes may include lowering a death benefit, adding or deleting a rider, or requesting a rating change for the insured person.

The insured person can not change though, because the risk classification and pricing on the insurance policy was underwritten for once specific person.

The limited underwriting usually requires that the insured person answers some health questions, and attests that no material changes in health have occurred since the policy was underwritten.

The owner is not necessarily the same person as the insured person, and while the owner of a policy may change, the insured person can never change.

The cost of the life insurance coverage associated with a universal life insurance policy changes, rising as the insured person ages.

Most permanent life policies require premium payments over the insured person's entire lifetime and do not permit a change in the death benefits, coverage options, terms, or conditions.

Transferring a life insurance policy means the policy owner changes, not the beneficiary or the person being insured.

Please note that a separate form is required for each insured person who will have a changed beneficiary.

Insurance Portability is a concept wherein an insured person who is not satisfied with the products and services of his / her existing insurance provider can change the existing insurance company with another.

For Interruption of Trip, this Insurance does not cover: (1) war or any act of war, whether declared or not; participation in a felony, riot or insurrection; participation in contests of speed; a Pre-existing Condition existing prior to the Insured's departure from their Home Country that has the likelihood of causing death; the Insured Person or Traveling Companion or Traveling Companion's family making changes to personal plans; having business or contractual obligations; being unable to obtain necessary travel documents (passports, visas, etc.); being detained or having property confiscated by customs authorities; carrier caused delays (including bad weather); prohibition or regulatory by any government; default of yacht charter companies; default of the organization from which the Insured Person purchased their trip arrangements.

• If the insured person has changed the communication address and not updated the same with the Insurance Company, it becomes difficult for the insurance company to send the maturity amount.

The idea behind life cycle insurance (a nickname for adjustable whole life insurance) is that the insured person can request that changes be made, as can the insurance company, so as to prepare for a life cycle change.

Some policy forms might make small changes to the definition of an insured person, or of a covered peril.

However, this is not the specific limit and the amount is subject to change, depending on the will of the insured person.

Fifty years ago, it would have been more common to insure crops than to insure personal property, but with the rate of change, there's now a real need for people to have coverage.