Sentences with phrase «declared by the insurance»

The cash value of a universal life insurance policy accumulates based on the amount of premium paid, monthly deductions for policy costs and an interest rate that is declared by the insurance company.

This may give you greater potential for growth compared to traditional universal life policies, where the interest rate is declared by the insurance company, particularly in a low - interest rate environment.

It can build cash value over time, based on an interest rate that is declared by the insurance company.

One account has a fixed interest rate that is declared by the insurance company periodically.

Many permanent life insurance policies are eligible for dividends, which are not guaranteed, if and when they are declared by the insurance company.

There are various types of bonuses declared by an insurance company.

The amount of interest earned depends on the rate declared by the insurance carrier and how much money is currently in the bucket.

Lump Sum Payment: If all of the payouts are in the form of monthly income, then this lump sum amount includes the bonus amounts that may have been declared by the insurance company.

The reversionary bonus is declared by an insurance company at the end of each year as a percentage of the sum assured.

Reversionary Bonus: This is an amount that is declared by the insurance company as a percentage of the sum assured.

In essence, it is a permanent insurance policy that combines term insurance with an account that earns a tax - deferred rate of return declared by the insurance company.

Whole Life Insurance — Whole life insurance offers a death benefit that is guaranteed, along with a cash value that grows based on a set interest rate that is declared by the insurance company.

Extra Bonus on Endowment Policy There are various types of bonuses declared by an insurance company.

You are likely to get two types of bonuses: a reversionary bonus that is declared by the insurance company each year as a percentage of the sum assured, and a terminal bonus that the company pays you for paying the premiums in a consistent manner

You get regular bonuses if declared by the insurance company.

The share of surplus declared by an insurance company in favour of the policyholders in «with - profit» policies.

I will also receive the value of a dividend if it is declared by the insurance company.

Policyholders of «With Profit» Traditional Endowment Policies are entitled to receive a portion of the profits / dividends as declared by the insurance company in the form of a bonus or guaranteed.

Not exact matches

On Monday, two powerful conservative leaders in the House declared the blueprint unacceptable because it relies on giving people refundable tax credits to purchase insurance — a policy mechanism that, in a very rough sense, resembles Obamacare's subsidies to buy mandated health coverage (and is therefore being slammed by conservatives as just another entitlement program).

Today the influential group the American Academy of Pediatrics (AAP) declared that the procedure is, indeed, beneficial — and that it should be covered by public and private health insurance plans.

Additionally, CARFAX may have crucial information about a vehicle even in the cases where a salvage title was NOT issued by a state motor vehicle agency, but was declared a total loss by an insurance company.

In case of Participating plans, the investment returns are primarily dependent on the bonuses declared over the Policy term by the life insurance company.

When a home is declared uninhabitable by an authority, renters insurance will cover the cost of a hotel and meals.

If there's a chance you may get medical expenses covered by your insurance company in the future, do not declare this deduction until you know whether the insurance company will reimburse you.

The Mortgagee Letter release by HUD today, ML 2017 - 12 said nothing of condo project approvals or of non-borrowing spouses but rather declared that in a move necessary to enable FHA to continue to endorse the ongoing HECM loan program, changes were needed which would raise the initial mortgage insurance premiums for many, lower the annual renewal for all and lower the amounts borrowers would receive under the program starting with all new Case Numbers assigned on October 2, 2017 and after.

If you don't have a job, you face a potential fivefold jump in insurance costs by declaring you're unemployed.

For a participating policy, such as whole life insurance, the ability to be eligible for dividends when they are declared by the company and optional methods by which dividends can be received.

Most policies have a 2 - year contestability period, which means during the first two years after buying life insurance, if it is found your insurance policy was issued under misrepresentation, withholding of information by the insured or the owner, or similar reasons, the insurance company can declare your insurance policy and any associated riders void.

Prior to 1993, the statutory conditions to all automobile insurance polices were located in the InsuranceAct [3] and were preceded by language that declared them to be «subject to s. 261», the deductible provisions of the Act.

After several years of fighting the court agreed with the claimant and declared that she was entitled to the disability benefits that had been unjustly denied by the insurance company.

The applicant appeals from the dismissal of its application to have the initial certificate that was obtained by the respondent, Intact Insurance, under s. 24 (5) of the Repair and Storage Liens Act, R.S.O. 1990, c. R. 25 («RSLA») declared null and void.

Those guaranteed cash values are usually enhanced by dividends which are declared annually by the insurance company.

the claim arises from an extraordinary catastrophe or disaster as declared by the Board of the Insurance Council of Australia;

Exceptional circumstances include where there has been an extraordinary catastrophe or disaster declared by the Board of the Insurance Council of Australia.

(iii) You further declare that you will notify in writing any change occurring in the occupation or general health of the life to be insured / proposer after the proposal has been submitted but before communication of the risk acceptance by the insurance company.

The insured receives 10 % of the sum assured every year for 5 years after the policy term in addition to a lumpsum amount that equals 50 % of the sum assured in addition to compounded reversionary bonus and terminal bonus, they have not been declared by Future Generali Life Insurance.

The surety or bond provider (insurance company) assures the project owner that the contractor will perform a contract by completing certain work to a declared standard.

SPOKESPERSON: Campbell Fuller, General Manager Communications, Insurance Council of Australia ----------------------------------------- The Insurance Council of Australia (ICA) has declared a Catastrophe for areas of Victoria's Great Ocean Road region affected by Christmas Day bushfires.

Insured Declared Value, alternately known as IDV, is a Sum Assured, finalised by the insurance company, that is payable to the owner in case of theft or extensive damage to the bike during an accident.

If your car is declared a total loss, your insurance company will pay you for its value by using references such as the «blue book» and / or by consulting car dealers.

For a participating policy, such as whole life insurance, the ability to be eligible for dividends when they are declared by the company and optional methods by which dividends can be received.

In cases where an area is so badly hit by tornadoes that it is declared a disaster area, you might even qualify for government funds to help pay your deductible and any expenses not covered by your insurance.

Terrorism insurance coverage can provide compensation for destruction, injury or loss - of - life that is caused by certain destructive acts, foreign or domestic, that are declared to be acts of terrorism by the U.S. Secretary of Treasury.

Today has been declared Life Insurance Movement Day by several of the country's most recognized financial authorities.

For many, this meant their cars were unsalvageable and were declared a total loss by their auto insurance company.

The rate of interest is declared by the offering insurance company.

The results of the third annual «do the jingle» contest was recently declared by the Ohio based auto insurance provider.

There is generally one fixed account, which gives an interest rate declared by the life insurance company, and multiple indexed account options.

A permanent life insurance product that builds cash value at an interest - crediting rate declared by the company.

You not only receive money back over frequent intervals of the policy tenure, a sum assured at the death of the policy term, bonus amounts as declared by the insurer but also an adequate insurance cover for the whole of the policy period.