Sentences with phrase «company accepts the risk»

This is the date from which the insurance company accepts the risk on the life of the assured.

Not exact matches

The problem is that city and local governments may be hesitant to accept liability for the risks the tunnels may pose to existing infrastructure or let private companies compete with public transit systems.

But even the payment processors that accept companies considered high - risk are not stable.

Being able to accept that you will need some guidance is the first step to growing your company with certainty and an anticipation of risks.

That interest indicates investors» willingness to bet on the potential growth — and accept the potential risks — of a startup company in the context of a low - interest - rate environment.

The company provides a marketplace for buyers and sellers, bringing together individuals, companies and institutions that need to manage risk or that want to profit by accepting risk.

It's nonsensical and undemocratic: All individuals should have the right to accept risk and invest in the companies they believe in.

Mr Saputo warned WCB shareholders they must move quickly to accept his company's final offer or risk missing out on their cash.

Prof. Robert West: I have not and will not accept any kind of funds, payments or hospitality from companies that make e-cigarettes because of the risk of being perceived as tainted on that count.

It's unlikely that the fossil fuel companies will deny in court what is widely accepted by authoritative scientific bodies around the world: that human emissions have already begun to warm the planet, that the harm is already being felt, that the risks of future harm are significant, and that to head them off emissions have to be rapidly reduced.

In a P3, a single private entity (which may be a consortium of several companies) assumes responsibility for multiple phases, accepting long - term risks in return for prospective rewards.

Increase the level of socialization of risk, and constrain companies to a binary decision: accept profits that don't fairly reflect the risks underwritten, or leave the state.

If the annuitant chooses to receive payments over his remaining life, the insurance company accepts that risk.

However, some finance companies are generally willing to accept a higher level of risk, meaning they are more likely to approve loans for customers who may have had past credit issues.

I mean, some life insurance companies do accept «high risk profile» proposals and offer Life cover either at regular rates or by loading the premium.

Premiums are based on the degree of risk that an insurance company takes when accepting and insuring a client.

Those breeds are alleged to present a higher risk than what the company is willing to accept.

You might think of insurance companies as conservative and disinclined to accept risks that don't fall into neat little boxes, but you'd be wrong.

While most car insurance companies rely on risk factors and credit scores to help determine insurability, there are a few providers that are more accepting of low credit and high risk drivers.

This process can create a high degree of risk for consumers, who are open to abuse by companies interested in only collecting up - front fees while leaving consumers to deal with disgruntled creditors, most of whom are not interested in waiting for years to accept a pennies - on - the - dollar settlement.

Before you invest, make sure you're aware of and comfortable with the risks of investing in or accepting a takeover offer from a company operating in an emerging market.

The bonds of companies with the best credit ratings (typically designated «AAA») pay lower interest rates as a rule because investors will accept lower yields in return for reduced risk.

The insurance company is in business to pay claims and to accept risk which is transferred to it.

As I have experienced in the insurance industry many times, good companies accept feedback from claim experience into new product pricing, and consider the potential downside risks.

The senior management of Konami Digital Entertainment BV is conscious of the company's reputation and will not accept tax risks that could potentially damage that reputation.

The collapse in the oil price to 12 - year lows and bankruptcies in the coal sector underscore the risk of «financial stranding» and signals that fossil fuel companies need to accept that they are ex-growth stocks and must urgently re-assess their business models accordingly.

The partnerships incentivize the initial SMR customers by addressing typical first - of - a-kind challenges that create unique regulatory, technology and financial risks that translate into higher costs that most companies are unable or unwilling to accept.

Both MRC and CFACT have previously accepted grants from oil company ExxonMobil, which is currently under investigation by the New York attorney general for allegedly lying about the risks of climate change to the public and investors.

Yet, none of these companies has accepted the proposition that accepting the science and understanding the risks of climate change implies the need to change their business plans.

Other companies claim to accept the core findings of climate science and the serious risks associated with continued reliance on their products, while acting in ways that belie that claim.

So, rather than being used to enhance the experience of the particular product a consumer bought, the data a connected device harvests might be funneled off elsewhere — and be used by prospective employers to judge the merits of a job application, for instance, or insurance companies to ascertain the risk of accepting a new customer, and so on.

The Court accepted that, if Mr Grigorishin was prepared to manipulate his companies to deprive the Claimants of their money, there was a real risk he would also manipulate his companies to prevent the Claimants from recovering damages caused by his actions.

If there are no practices in place, the insurance can facilitate businesses to devise a plan to prevent cyber threat and the risk of legal issues, financial losses and company failures — before accepting the residual risk.

These policies and procedures must include (1) the criteria for evaluating and categorizing identified risks; (2) the criteria for assessing the confidentiality, integrity and availability of the company's Information Systems, including the adequacy of existing controls; and (3) requirements for documenting how identified risks will be mitigated or accepted.

Again, it leaves a disabled family member or neighbor dependent upon government sources rather than the insurance companies who accepted premiums to insure the risk.

The Legal Ombudsman will begin accepting complaints about claims management companies in January but has warned that a «relative lack of information about the nature of demand» may be a «specific risk», in its draft strategy and budget consultation for 2015/2017.

There are courses you can take, such as defensive driving, that are accepted by insurance companies as a way to reduce the risk of insuring you.

A traditionally underwritten company won't accept this risk.

The only question is: Which company will accept these risks?

Standard: In most cases, those with a critical illness will not be accepted for standard life insurance as the risks are simply too high for the insurance company.

We do have one company that is open to a higher risk but the overall majority of the no exam life insurers will not accept anything outside some milder health conditions like controlled blood pressure or cholesterol.

Each car insurance company has many guidelines regarding which groups of drivers they want to accept and how much they will charge those groups they consider a greater risk.

There is no reason for the company to accept that increased level of risk when it could so easily be mitigated.

When you get health insurance, the insurance company is accepting a certain level of risk.

In essence, your deductible represents the amount of risk you are willing to accept before your insurance company begins to pay the insurance claim.

All insurers must accept high risk drivers in order to do any auto insurance business in the state; this helps to spread the potential losses from high risk drivers across all insurance companies in the state.

After the company's risk factors have been applied, and the customer has accepted the per - mile rate offered, then customers buy prepaid miles of insurance protection as needed, like buying gallons of gasoline (litres of petrol).

The insurer accepts your answers as fact when originally writing your premium, but all insurance company's check on your driving record before deciding your actual risk and premium rate.

Underwriting — The process where it is determined whether or not an insurance company is willing to accept the risk of writing a specific policy.

In this instance the driver is knowingly endangering themself and others and as such it is unlikely that an insurance company would accept the liability because the level of risk is unjustified by the client's premium.