Sentences with phrase «claim during the coverage period»

Not exact matches

This is a time period during which the life insurance company may investigate any claims you may have made — regarding your current health status, for example — and decline your coverage if you falsified information.

For a clearer picture of the types of animal illnesses, accidents, and resulting costs that pet owners face, Healthy Paws Pet Insurance, a company that sells medical coverage for dogs and cats, crunched data from 215,000 claims submitted by their customers during a one - year period.

However, for a claim to even be considered for coverage, it has to be made during the policy period.

If it was not made against the insured during the policy period, then the insurer can disclaim coverage for that reason alone, regardless of when the insured gave notice.1 If the claim was made during the policy period but the insured gave notice after the expiration of the requisite time frame for notice under the policy, then the ability to disclaim coverage will turn on whether the notice provisions are conditions precedent or covenants.2 This principle applies regardless of whether the policy is a claims - made or a claims - made - and - reported and reported.3 If the notice provisions are covenants, then late notice constitutes a breach of the policy by the insured, triggering application of Md..

In most EPLI policies, the event triggering coverage is a claim for an employment wrongful act which is first made during the policy period.

This means that only those claims that are actually reported to Lawyers Mutual during the one - year policy period will be eligible for coverage, regardless of when the mistake occurred.

A policy providing liability coverage only if a written claim is made during the policy period or any applicable extended reporting period.

First, the policy limits coverage to claims first made during the policy period.

While your policy may not be cancelled, if you file multiple claims or a large claim during your insurance coverage period, the insurance company may choose not to renew your policy once it has expired.

This is a time period during which the life insurance company may investigate any claims you may have made — regarding your current health status, for example — and decline your coverage if you falsified information.

Claims which may relate to incidents occurring before the coverage was active may not be covered, although some policies may have a retroactive date, such that claims made during the policy period but which relate to an incident after the retroactive date (where the retroactive date is earlier than the inception date of the policy) are coClaims which may relate to incidents occurring before the coverage was active may not be covered, although some policies may have a retroactive date, such that claims made during the policy period but which relate to an incident after the retroactive date (where the retroactive date is earlier than the inception date of the policy) are coclaims made during the policy period but which relate to an incident after the retroactive date (where the retroactive date is earlier than the inception date of the policy) are covered.

Term life insurance offers coverage for coverage for a specified period and, if you pass during the policy's term, the beneficiary will file a claim to receive the policy's death benefit.

'' form provides liability coverage when a claim is first made during the existing policy period for an injury or damage incurred within the policy year or prior.

The coverage will be available only for a maximum of two claims during your motor insurance policy period.

The «claims made» form provides liability coverage when a claim is first made during the existing policy period for an injury or damage incurred within the policy year or prior.

For a claim to be valid premium payments must be made timely, and any claim must be filed during the specified coverage period.

So for example, if the sum insured is INR 3,00,000 and the bill amount is INR 70,000, the balance INR 2,30,000 will remain unutilized but the policyholder will be able to use this amount to claim any other hospitalization costs that might crop up during the coverage period.

Retain 85 % of policyholders during annual renewal period, process applications, endorsements, cancellations and claims, prepare necessary paperwork to process renewals, pursue continuing education and training programs to continue professional development, managed approximately 200 policy renewals each year, research coverage and premium options and supply clients with the best coverage available, promote client retention through high - quality service and follow through, present account proposals in a professional and timely manner.

Retain 85 % of policyholders during annual renewal period, process applications, endorsements, cancellations and claims, prepare necessary paperwork to process renewals, pursue continuing education and training programs to continue professional development, managed approximately 360 policy renewals each year with premium of approximately $ 1,820,000, research coverage and premium options and supply clients with the best coverage available, promote client retention through high - quality service and follow through, present account proposals in a professional and timely manner.