Sentences with phrase «claim payments»

Collision coverage provides for claim payments for your car's value in the case of a total wreck.

Poor history of claims payment: The purpose of car insurance is not just to fulfil a legal obligation.

After all, it's in their financial interests to minimize claim payments as much as possible.

Life insurance is tough because there is uncertainty on claim payment on timing, and uncertainty of investment earnings.

In doing so, reviewing the financial strength and stability, as well as claims payment history, of a carrier can be helpful.

• Increased instances of insurance claims payment by 65 % by efficiently creating and maintaining meaningful relationships with all insurance companies onboard.

Your insurer will also refuse claim payment if the object is not in your home because it is being repaired or refurbished.

The shorter life expectancy of males poses a higher risk for insurance companies, and this translates into more possible claims payments when an insurance company is covering group of men.

We recommend using a bank account for the fastest claims payments.

In addition to being financially secure, the life insurance company you choose should have a good claims payment history, good customer service, and competitive pricing.

Consumer Reports gave it a Very Good rating for overall customer service experience and an Excellent rating for timely claims payment.

If the actual claims exceed what was estimated, the company must raise rates to offset the increased claims payments.

Your insurer will also refuse claim payment if the object is not in your home because it is being repaired or refurbished.

They combine the best features of traditional travel insurance with innovations like rapid claim payments and fixed benefits.

There are a few ways to analyze claim payment rate.

No death claim payments will be made if an insured passes, no policy changes can be made, and there is no cash surrender value at this point.

Here's what you need to know about claims payments.

Optional coverage like full coverage and collision are required if a policy holder is to get claim payments for insurance companies to offset their losses.

In addition, audit the provider's statements and verify that they are requesting payment only on the difference between the allowed amount and the insurance company claims payment.

• Use software, charts, and formulas as directed to calculate claim payment amounts and modify coverage details as needed.

This ratio is an important consideration because claims payment is the main reason for buying insurance.

To lower the premium, you can request a higher deductible, but keep in mind that it will reduce the total claims payment if you have a loss.

You may not have the same legal protections for private short and long - term disability claims payments.

Is your short - term disability insurance claims payment income taxable?

Compare that to whole life which lasts a lifetime, and you can see how term claims payments are much lower than whole life policies.

We pay you fast *, let you tell us where you want claims payments deposited, and we're here to help with coverage and emergency assistance questions.

While taking a decision you should not only consider the premium but also the product features and claims payment record.

The blog claims the payments are strictly for maintenance and hosting the website.

We understand the importance of making sure that insurance ID numbers, claims address and all demographic and insurance information is entered correctly and directly impacts claim payment.

The former borough chief claims no payment has been made because a «final survey» has yet to be filed and that the money owed will be paid upon receipt.

When making premium payments using before - tax payroll deductions there are immediate tax savings, but the future, uncertain claims payment becomes income taxable.

The principal reason for this growth in cash reserves was the sharp decline in program expenses, primarily claim payments.

To the degree that risk is transferred, a reserve credit can be set up to reflect the discounted expected value of future claim payments.

Actual claim payment may be different from the estimate you provided to your client.

Plus dependable claims payments that you can take to the bank — literally.

Can the expert claim payment if the matter settles on the steps of the court and the expert is turned away?

Here too, a comprehensive claim payment will be reduced by the amount of your deductible.

You want to look for the financially strongest companies, with great claims payment history, where you can obtain all the required and desired coverage for the best price.

It is to match the remaining claim payment to the exact replacement cost.

Beware, the insurance company may elect to withhold claim payments for claims within the grace period until the premium is paid.

Any company earning a bad claims payment reputation would certainly fall out of favor with insurance agents and their clients.

An insurance policy designed to provide additional coverage against major losses covered under the original policy if existing liability claim payments are exhausted past their limits.

The report also produces quantitative estimates by state and over time for the amount of uninsured motorists and total uninsured motorist claim payments.

The reason is simple: there is a bigger risk to insure, so the insurance company has to get more money to cover potential claims payments.

According to private insurers, the premium is quite low, while claims payments are very high.

• Increased 55 % claim payment efficiency by maintaining constant meaningful contact with insurance companies on the panel.

When an insurer is generous on claim payments they would be paying out of their profits.