Sentences with phrase «cover during the policy period»

Not exact matches

The cost of the policy is certain to be higher than the actuarial cost (cost of claim x probability of claim during insured time period) of repair / replacement of a failed system, as the insurer would need to cover sales costs, operating expenses and profit in addition to the direct policy cost of system replacement.

Certain types of professional liability policies are issued to cover claims made during the policy period rather than things that occurred during the policy period, but that doesn't mean you can backdate renters insurance.

The No Lapse Guarantee Rider (NLGR) ensures that during the surrender charge period, if you fund your policy at the required premium to maintain the guarantee, the policy will not lapse, even if the cash surrender value is not sufficient to cover the policy's monthly deduction charges.

A claims - made policy protects an insured against covered claims or incidents that occur and are reported during the policy period.

Occurrence coverage covers any incident that takes place during the coverage period, even if the suit is filed after the policy has expired.

Unfortunately, we could not cover your pet's injury since the signs / symptoms of your pet's current condition were first noted during your policy's fifteen day waiting period, and therefore, it was not eligible for coverage.

Unfortunately, we could not cover your pet's illness since the signs / symptoms of your pet's current condition were first noted by your veterinarian in a visit during your policy's fifteen day waiting period.

Unfortunately, we could not cover your pet's illness since the signs / symptoms of your pet's current condition were first noted during your policy's fifteen day waiting period.

The insurers maintain that the EL policies only cover mesothelioma which manifested as a disease at some point during the relevant policy period.

Great American maintained that it was only obligated to cover losses arising from acts that occurred during the 2004 Policy period or the 2003 Policy period (i.e., only fraudulent acts after December 1, 2003).

Response: The Secretary acknowledges that covered entities will have to make changes to their policies and procedures during the period between the effective date of the rules below and the applicable compliance dates.

Term policies pay death benefits — if you die during the period covered by the policy, proceeds will go to your beneficiaries.

With term life insurance, benefits are paid if the policy owner dies during the period covered by the policy.

Claims - made policies are usually cheaper but they cover claims made during the policy period only.

If an injury or illness occurs during the period of coverage and the insured person requires medical or surgical treatment, this plan will pay, subject to the co-insurance and selected deductible, reasonable and customary charges for the following covered expenses, up to the selected policy maximum.

A claims - made policy covers claims that are made during the policy period.

Note that a claim is covered by the CGL only if the injury or damage occurs during the policy period.

In 2005, the policy that we took was applicable only during the Navratri but now we have extended the insurance period from 10 days to 365 days, with the insurance cover amount of Rs 2 crore,» said Nandkumar Angal, temple trustee.

During the policy period, if you need to go back to your home country for a short trip, and come back again, then the plan would cover in your home country for such short trips.

This new policy covers bariatric surgery and expenses incurred on hospitalization for bariatric surgical procedure and its complications, subject to maximum of Rs 2,50,000 during the policy period.

Even though you purchase your travel insurance plan well ahead of your scheduled departure, if you experience a medical condition within the look - back period prior to your scheduled departure date (which is now your policy's effective date), then any recurrence of that condition during your trip will not be covered.

Find out if your policy covers additional expenses you might bear during the period for which you might be forced out of your rental home while repairs or investigations are being done.

Turo policies will provide physical damage protection covers up to the actual cash value of the car (capped at $ 125,000) for any event that qualifies as a covered peril during the rental period.

Spend a little time reviewing the policy details to understand the covered reasons for trip cancellation during your plan's free review period.

Often considered a temporary policy, term life insurance is only meant to cover you for a specific «term» or period of time during which the premiums may remain level.

If you've had a medical problem or been treated for a medical condition during the insurance plan's look - back period, then it's important to disclose that fact when you make your travel insurance purchase if you are to ensure that your travel policy will cover medical problems on your trip.

The claim will be covered since the loss occurred during the policy period.

If an Injury or Illness occurs during the Period of Coverage and the Insured Person requires medical or surgical treatment, this plan will pay the following Covered Expenses, up to the selected policy maximum.

[5] A related variation is the claims - made - and - reported policy, under which the policy covers only those claims that are first made against the insured and reported by the insured to the insurer during the policy period.

Since the incident was reported during the policy period and occurred after the retroactive date, the claim is covered.

This benefit covers you for Injury or Sickness that occurs during an Incidental Trip to your Home Country during your Policy Period.

Organizations that your company acquires or forms during the policy period are covered automatically as named insureds.

When you receive an insurance quote and purchase an insurance policy from us, you have a fourteen - day period during which you can change your mind and withdraw from the contract without any penalty however you may be charged for any time you were covered for prior to this.

This is where you'll find your name, a statement of the policy period during which you are covered and the amount of premium you pay.

The No Lapse Guarantee Rider (NLGR) ensures that during the surrender charge period, if you fund your policy at the required premium to maintain the guarantee, the policy will not lapse, even if the cash surrender value is not sufficient to cover the policy's monthly deduction charges.

That is, if your policy already covers a building, you may extend your Building coverage to cover a building you acquire during the policy period.

As its name suggests, a claims - made policy covers claims made against an insured during the policy period.

Don't try to cover up these hobbies, as your insurer could find out about them during the contestability period and cancel your policy or, worse yet, refuse to pay out in the event of your death due to a dangerous hobby.

Will the policy automatically cover a building she acquires during the policy period?

A provision that if a person insured under the group policy, or the insured dependent of a covered person, dies during the period within which the covered person or dependent would have been entitled to have an individual policy issued before such individual policy becomes effective, the claim will be payable under the group policy.

Likewise, if your policy currently covers Business Personal Property, you may extend that coverage to include personal property you acquire during the policy period.

Claims or suits are covered only if the bodily injury, property damage or personal and advertising injury occurs during the policy period.

Follow Me Home Coverage — This plan shall pay for Covered Expenses incurred in your Home Country up to $ 5,000 for conditions first diagnosed outside Your Home Country and treated during your Policy Period.

During the policy period, if you need to go back to your home country for a short trip, and come back again, then the plan would cover for short trips.

As long as the triggering event (injury, damage, treatment etc.) took place during the policy period, a claim resulting from that event should be covered.

Term policies pay benefits if you die during the period covered by the policy; but the term life insurance do not build cash value.

Typical professional liability policies will indemnify the insured against loss arising from any claim or claims made during the policy period by reason of any covered error, omission or negligent act committed in the conduct of the insured's professional business during the policy period.

Most errors and omissions policies are claims - made, meaning they cover claims made during the policy period.

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 covered.

More specifically a typical policy will provide indemnity to the insured against loss arising from any claim or claims made during the policy period by reason of any covered error, omission or negligent act committed in the conduct of the insured's professional business during the policy period.