Sentences with phrase «company up to the policy limit»
That means that if you cause bodily injury or property damage to someone, the risk is transferred to the writing company up to the policy limit.
https://www.effectivecoverage.com/ Not exact matches
U.S. - based firms made up a fifth of those in a 2017 «A list» of 159 companies judged to have ambitious policies on limiting climate change and protecting water resources and forests, according to London - based non-profit CDP.
Once people and companies «get it» and develop processes, listening programs and overall strategy, social media policies tend to lighten up and move towards being productive vs limiting.
The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.
It usually has a small deductible, and then the insurance company pays the rest of the loss up to the policy limit.
Like most other companies that cover mopeds and scooters under their motorcycle policies, GEICO also offers optional coverage for residual medical payments up to a limit of $ 10,000.
If it is necessary for you to move into a motel or apartment temporarily because of damage caused by a peril covered in your policy, your insurance company will pay an amount up to 20 % of the policy limit on your dwelling for these expenses.
Even if you use up your ALE your insurance company will still pay the full cost of rebuilding your home up to the policy limit.
For the non-finance people and beginners out there, how should we go ahead with such plans and know what to invest so that we will not end up worse than what we could have had from insurance companies (the surrender value) if we hadn't signed up for term insurance, ie, signed up whole life, limited premium, ILP policies instead?
Of course, you can look up every local insurance company in the phone book and ask each for quotes on similar policies with similar limits and similar exclusions and coverage; this, however, is really more hassle than you need to put yourself through.
If you've added the optional rental reimbursement coverage to your policy, your insurance company should pay for a rental car during this time, up to the policy's limits.
If warranted, the company will pay for the damages or settle the claim up to the policy limit for liability.
The inflation guard endorsement functions as more of a buffer than a complete safeguard since it only requires the insurance company to increase its policy limits up to 80 % of your home's replacement cost.
If your negligence hurts someone or damages their stuff, the insurance company pays up to the policy limit instead of you paying.
If the insured dies, the policy pays a death benefit, up to the policy limit, that could help the company bridge any financial gaps created by the loss while the survivors decide how to proceed.
As an example, a properly structured cash value whole life insurance policy that is purchased from a mutual company, is one that has tremendous liquidity, low cost (majority of the cost is buying lifelong level insurance — not to be compared to term), no tax on the growth of the account, tax free loans, tax free withdrawals (up to basis), tax free to survivors, no contribution limits, no required withdrawals, is free from creditors, and has minimum guarantees.
Most companies offer a choice of cover so you can pick a lower price policy with limited payouts all the way up to «coverall» comprehensive cover but read the small print - carefully.
The insurance company that insured the driver or the vehicle is going to stand behind their insured and pay any claim up to the policy limit of the policy.
So, after the at - fault driver's insurance company offers its policy limit, Noelle can make a claim under her underinsured motorists coverage and recover up to a total of $ 50,000, her policy limit.
This means that even if their insurance company pays up to the policy limit, the amount is still insufficient to fully compensate the injured victim for damages.
Believing that the tractor and trailer constituted only one vehicle, the insurance company was only willing to cover the claim up to $ 1 million, which was the total policy limit.
This means that, if another driver injured you, his or her insurance company should be obligated to cover your damages up to the limits of the driver's policy.
The insurance company pays for the the at fault driver's lawyer if they are sued after a car accident and the insurance company will pay any verdict up to the policy limits.
If the plaintiff succeeds, payment will come (up to policy limits) from the insurance company of the defendant.
The insurance company will also defend the insured legally against lawsuits and claims up to the policy limits.
The inflation guard endorsement functions as more of a buffer than a complete safeguard since it only requires the insurance company to increase its policy limits up to 80 % of your home's replacement cost.
And some companies offer limited pay whole life insurance that allows you to have a paid up life insurance policy after only 10 years — 10 pay whole life.
Insurance companies limit the amount of time a policyholder's liability will cover medical payments — it's usually a duration of three years or up to the limit of the policy.
Other than that, though, your insurance company will cover the loss up to your policy limits and the value of your car.
If the policy owner is found to be at fault, his insurance company will pay a limit of $ 50,000 per person for up to two people.
If the insured, the person covered under the life insurance contract, is diagnosed with a significant medical condition that is determined to be terminal by a physician, the policy owner can apply for accelerated death benefits up to certain limits established by the insurance company.
The insurance company will cover the rest of the charges, up to your policy's limits.
It usually has a small deductible, and then the insurance company pays the rest of the loss up to the policy limit.
Once you've paid your deductible and your insurer has covered your expenses (up to your policy's limit), your car insurance company may decide to pursue subrogation.
The Good: Coverage includes damage to a rental car due to collision, vandalism, weather, or fire and covers the cost of repairs up to the policy limit in addition to the rental charges imposed by the rental car company while the vehicle is being repaired.
It also provides funds for loss - of - use charges and other fees imposed by rental car companies (up to the policy limit)
In case the insured person loss his passport in the journey the company will help you out and pay you the insurance amount up to the limit as mentioned in the policy documents.
If you cause a car accident that causes harm to others, the car insurance company that you use will only pay up to the limits of your policy, and all other expenses will be taken from your own assets.
Large companies set up captives to get the best of both worlds — they set aside money to cover losses, which creates financial benefits and allows them to write their own policy language and limits to suit the risk.
If you've added the optional rental reimbursement coverage to your policy, your insurance company should pay for a rental car during this time, up to the policy's limits.
The following questions and answers cover most of the basics, but it's critical that you do annual check - ups with your agent or company representative to review your policy and coverage limits.
You must first submit the claim to the other driver's insurance company who will pay you for your damages up to the liability limit of their insured's policy, once they have determined that their insured is at fault.
The insurance company is going to give you the amount of money (up to your policy limit) that it takes for the materials and labor to replace your home.
When an accident occurs, someone must be found to be at fault, and that person and their car insurance company are responsible for the damages they caused, up to the limits of that person's car insurance policy.
The insurance company will ordinarily pay the judgment, up to the policy limits, once a court determines that an uninsured motorist was at fault.
If warranted, the company will pay for the damages or settle the claim up to the policy limit for liability.
Even if you use up your ALE your insurance company will still pay the full cost of rebuilding your home up to the policy limit.
With standard auto liability insurance, the insurance company of the driver responsible for an accident pays the costs resulting from a covered accident (up to the policy's limits).
For example, if an employee drives his or her own car to make a bank deposit for the business and is in an accident with another driver, his or her insurance company will pay the claim up to the policy limit.
In the event of a covered loss, the insurance company pays for the financial losses the business incurs up to the limit of the policy after the deductible amount is paid by the business filing a claim.