Sentences with phrase «covered by life insurers»

The risks most commonly covered by life insurers are accidental death and permanent total or partial disability.

Not exact matches

Federal law bars genetic discrimination by health insurers and employers based on their DNA information — you can't be fired or have your rates increased — but the law doesn't cover life, disability or long - term - care insurance.

If you don't have portable creditor life insurance and get sick, your pre-existing condition may not be covered by the new lender's insurer.

-- Mortality Charge is the amount charged every year by the insurer to provide the life cover to the policyholder on the life of the Insured.

Finally, even if you decide that this approach of combining an annuity with conventional investments makes sense, you would still want to consider such prudent steps as shopping around to make sure you're getting a competitive payment, annuitizing gradually rather than all at once, diversifying your annuity money among a few highly rated insurers and limiting the amount you invest with any single insurer to the maximum amount covered by your state's life and health insurance guaranty association.

At issue was whether OCGA 33 -32-4 (a) authorizes the insurer to issue a credit life insurance policy which covers the total amount payable over the term of the loan or limits the policy's coverage to the principal amount financed by the insured.

It is the amount charged every year by the insurer to provide the life cover to the policyholder on the life of the life insured.

Private sector insurer MetLife India Insurance today launched a term insurance product Met Protect, the first such life cover plan by the company to be available online.

A provision that if the group policy terminates or is amended so as to terminate the insurance of any class of insured persons, every person insured under the policy at the date of the termination whose insurance terminates, including the insured dependent of a covered person, and who has been so insured for at least five (5) years before the termination date, is entitled to have issued by the insurer an individual policy of life insurance.

A life insurance rider is simply an extra form of coverage provided by life insurers that you can buy and will cover you for specific situations.

You pay a nominal premium every year for a certain period of time to buy a life insurance cover, and in case of your unfortunate death during this time, your family is paid the amount promised to you by your insurer.

For example: As you age, the cost of life insurance will increase; and, if you do not pay the full amount of the premiums you owe (to cover the cost of increase), an insurer will reconcile the difference by taking money from the cash value you have in your policy — the cash value of your life insurance will decline — to resolve this divide.

The life cover provided by the insurer ends with its surrender as it results into the termination of the contract between the insured and insurer.

In case of an accident, an additional amount will be paid to you by your insurer along with the base life cover during the term of the policy.

So insurers cover high risk lives by charging more premiums or may decline the proposal as well.

These charges are levied by the insurer for providing the life cover to the policyholder.

All thanks to the cheap term insurance plan of iTerm introduced by Aegon Religare, it has forced other private insurers like ICICI Prudential (iProtect Term Plan), Kotak Life (ePreferred Term Plan), Metlife (MetProtect) to come up with online insurance plans at rock bottom premium rates with huge insurance covers.

If you buy a pension plan with life cover, you need to pay higher premiums, as it provides additional benefits of insurance, the rate of premium charged by your insurer depend on the type of plan and its benefits offered.

Life Insurance Corporation of India (LIC) recently joined the ranks of life insurers such as HDFC Life, ICICI Prudential Life and Aegon Life by launching a cancer cover for policyholdLife Insurance Corporation of India (LIC) recently joined the ranks of life insurers such as HDFC Life, ICICI Prudential Life and Aegon Life by launching a cancer cover for policyholdlife insurers such as HDFC Life, ICICI Prudential Life and Aegon Life by launching a cancer cover for policyholdLife, ICICI Prudential Life and Aegon Life by launching a cancer cover for policyholdLife and Aegon Life by launching a cancer cover for policyholdLife by launching a cancer cover for policyholders.

Usually, traditional policies offered by life insurers do cover the death benefit and may be supplemented with money return benefits.

The higher life cover or Sum Assured policies will have a higher cost or premium amount to cover the risk by the insurer.

Since it is natural for grievances to increase with book size, you could normalize grievances reported by the number of lives covered by the insurer.