Sentences with phrase «covered for insurance purposes»

Not exact matches

Our Motorcycle Insurance only covers those that are used for personal or social purposes, and we also cover off - road motorcycles, like your quad bikes.

Final expense insurance is a type of life insurance that is designed to cover funeral costs and other end - of - life expenses, though the death benefit technically can be used for any purpose.

Your renters insurance does generally cover vandalism against your personal property, but a car is not considered to be personal property for the purposes of your renters insurance policy, per the policy language.

For insurance purposes, it is typically covered under vandalism.

If you need to rent a car for business purposes, you're also covered for accidents and theft without having to make a claim against your personal car insurance.

I am looking forward to your expert advise on how I should ideally be proceeding further with my investments via Mutual Funds for WEALTH CREATION purpose only, as I am pretty much covered on other aspects such as Life insurance, property, children education, emergency fund, etc..

In that case, renters insurance in a flood zone isn't covering the flood, it's covering the result of a power outage regardless of the cause because there are specific provisions written into the policy for that purpose.

You can not cover a trailer that is used for business purposes with a personal auto insurance policy.

Most agencies have their own insurance for breakages, however renting out part of your property for business purposes without telling your insurer could invalidate your home cover.

But if you are single, or you believe that you may outlive your spouse, you may want to have a life insurance policy specifically for the purpose of covering estate taxes.

This life insurance is a dedicated - purpose life insurance policy that was designed just for Florida Prepaid and will pay off the outstanding balance on any covered Prepaid Plan in the event of your death.

«For someone later in life, it could be an estate planning purpose to buying life insurance to leave a legacy for a cherished beneficiary or to donate to charity or to cover income tax at death.&raqFor someone later in life, it could be an estate planning purpose to buying life insurance to leave a legacy for a cherished beneficiary or to donate to charity or to cover income tax at death.&raqfor a cherished beneficiary or to donate to charity or to cover income tax at death.»

If you need to rent a car for business purposes, you're also covered for accidents and theft without having to make a claim against your personal car insurance.

The authorization for electronic disclosure of protected health information described above is not required if the disclosure is made: to another covered entity, as that term is defined by Section 181.001, or to a covered entity, as that term is defined by Section 602.001, Insurance Code, for the purpose of: treatment; payment; health care operations; performing an insurance or health maintenance organization function described by Section 602.053, Insurance Code; or as otherwise authorized or required by state or fedInsurance Code, for the purpose of: treatment; payment; health care operations; performing an insurance or health maintenance organization function described by Section 602.053, Insurance Code; or as otherwise authorized or required by state or fedinsurance or health maintenance organization function described by Section 602.053, Insurance Code; or as otherwise authorized or required by state or fedInsurance Code; or as otherwise authorized or required by state or federal law.

For practical purposes, you would pursue the insurance provider that covers the property instead of the actual owner.

For example, a covered health care provider may sell its accounts receivable to a collection agency for payment purposes and a health plan may disclose protected health information to its life insurance component for payment purposFor example, a covered health care provider may sell its accounts receivable to a collection agency for payment purposes and a health plan may disclose protected health information to its life insurance component for payment purposfor payment purposes and a health plan may disclose protected health information to its life insurance component for payment purposfor payment purposes.

However, Congress did not include life insurers and casualty insurance carriers as «health plans» for the purposes of this rule and therefore they are not covered entities.

Thus, use of medical information for insurance purposes may include transmission of health information to a covered entity.

Under the rule's health oversight provision, covered entities can continue to disclose protected health information to public agencies for purposes such as analyzing the cost and quality of services provided by covered entities; evaluating the effectiveness of federal, state, and local public programs; examining trends in health insurance coverage of the population; and analyzing variations in access to health coverage among various segments of the population.

We do not interpret the definition of «payment» to include activities that involve the disclosure of protected health information by a covered entity, including a covered health care provider, to a plan sponsor for the purpose of obtaining payment under a group health plan maintained by such plan sponsor, or for the purpose of obtaining payment from a health insurance issuer or HMO with respect to a group health plan maintained by such plan sponsor, unless the plan sponsor is performing plan administration pursuant to § 164.504 (f).

Some commenters asked that life insurance and casualty insurance carriers be considered covered entities for purposes of this rule.

For purposes of this explanation, we are going to list those illnesses that are covered by critical illness insurance policies.

The main purpose of the legal reserve is to provide lifetime protection, but because more money is collected in premiums in the early years of a policy than is needed to cover the mortality charge, level - premium policies develop a cash value, which the policyholder can borrow against, or can surrender the policy for its cash value if the policyholder no longer wishes to continue the life insurance policy.

In short, a Final Expense policy is a unique type of insurance, designed for a very specific purpose — to cover the typical cost incurred when a loved one passes away.

If you occasionally use your personal car for business purposes such as transporting clients, going to and from meetings or hauling business equipment, then you will more than likely need to extend your personal car insurance to cover your business use as well.

With this coverage in place, if a covered employee dies or is disabled, the insurance proceeds are generally paid directly to the business tax free and can be used for any purpose.

In this case, the deposits in different branches of a bank are aggregated for the purpose of insurance cover and up to Rs 1 lakh is paid.

For insurance purposes, verbal or written permission is a prerequisite for someone else to be covered under your insurance, if they are not on your poliFor insurance purposes, verbal or written permission is a prerequisite for someone else to be covered under your insurance, if they are not on your polifor someone else to be covered under your insurance, if they are not on your policy.

And, while home insurance would typically cover your personal belongings, as soon as they're used for business purposes they are considered business property.

Commercial Vehicle Insurance — Commercial Vehicle Insurance in India provides cover for all the vehicles which are not used for personal purposes like trucks and HMVs.

However, it's very important to note that short - term health insurance plans do not count as qualifying health coverage, and any time period that you're covered by only short - term health insurance will be «uninsured» time for the purposes of the ACA mandate (and avoiding the tax penalty).

This is rediculous for following reasons: a) airlines are not very responsive; b) airlines don't cover 99.9 % of the items and finaly we buy insurance for the purpose of having a peace of mind!

Under a standard Alberta personal auto insurance policy you are not normally covered when using your car for commercial purposes, including renting it out to people through Turo.

Pleasure boat insurance covers you against theft, malicious damage and unintentional destruction or damage to your pleasure craft when being used for private purposes.

The best part is, this insurance policy also covers them irrespective of the fact they are working or at rest, or have been dismantled for cleaning purposes.

For example, if that road trip you are taking is for the purpose of relocating to another state, your current insurance may cover you in the short - term as you drive to your next destinatiFor example, if that road trip you are taking is for the purpose of relocating to another state, your current insurance may cover you in the short - term as you drive to your next destinatifor the purpose of relocating to another state, your current insurance may cover you in the short - term as you drive to your next destination.

Most importantly for you: renters insurance does not automatically cover business property, or any personal belongings that are also used for business purposes.

The primary purpose of the ICA DataGlobe is to provide a communications resource for the ICA and member companies that are involved in dialogue with the community and governments about the relationship between the cost of insurance cover for individuals and their exposure / vulnerability to natural perils.

If you are a freelancer using a computer for business purposes, we suggest purchasing additional riders to your renters insurance policy that covers home - business related claims.

The provision shall further provide that a written statement by the liability insurer, whose name appears on the certification of financial responsibility made by the owner of any vehicle involved in an accident with the insured, that the other motor vehicle was not covered by insurance at the time of the accident with the insured shall operate as a prima facie presumption that the operator of the other motor vehicle was uninsured at the time of the accident with the insured for the purposes of recovery under this provision of the insured's liability insurance policy.

Home insurance policies do not cover structures used for business purposes.

Class 2 Car Insurance — Covers the policyholder for social, domestic and personal purposes and use in connection with their business including the carriage of goods and samples.

Premiums paid for auto insurance can be tax deductible, but this generally applies only if the policy covered a car or truck that was used for business purposes.

Safety Net: The purpose of a funeral insurance for elderly over 85 is to cover the inevitable expenses of the funeral.

Your auto insurance may cover your utility trailer if it is exclusively used for personal purposes.

You can not cover a trailer that is used for business purposes with a personal auto insurance policy.

Computers and general - purpose office equipment that are kept in a home might be covered by a homeowner's insurance policy up to some relatively low limit for business - related personal property — usually about $ 2,500.

With life insurance, defining whether you need to replace income, cover a mortgage, or collaterally assign for a loan will all force you to adjust your possible policy type to make sure you serve the right purpose, and pay the right premium.

«I did not know this was for long - term, I was told three years», «I bought this for tax saving purpose only», «I was not aware that this was a market linked plan», «I don't think I have adequate Life Cover» So, to help you choose the right Life Insurance plan, here are 3 simple guidelines you need to consider.

The qualification comes from the fact that the vehicle covered by the commercial insurance policy would have to be used primarily for business purposes, and only incidentally for family purposes.