Sentences with phrase «defined by the insurer»

The types and extent of injuries covered are particular to and defined by each insurer and policy.

It is possible for a healthy individual, as defined by the insurer, to buy a term plan over the internet without taking a medical test.

It is now possible for a healthy individual, as defined by the insurer, to buy a term plan on the company's website without taking a medical test.

When you're getting life insurance quotes, your premiums will be set in part by your «risk class,» which is defined by an insurer's «underwriting guidelines.»

Not exact matches

Effective January 1, 2013, Insurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger the person.

If you travel frequently, have a high - risk job or participate in extreme sports (for example, skydiving, bungee jumping, auto racing) the insurer will pay additional benefits if you die or are injured in ways specifically defined by the policy.

The GDS and TDS ratios defined by the lenders or insurers ensure that you can make the mortgage payment.

The term «insurance» is a contractual agreement, most commonly in the of an insurance policy, which legal binds the insurer to cover the cost of all or any portion of damages suffered by the insured party as defined in the policy.

(5) Despite subsection (4), if a person is a named insured under a contract evidenced by a motor vehicle liability policy or the person is the spouse or a dependant, as defined in the Statutory Accident Benefits Schedule, of a named insured, the person shall claim statutory accident benefits against the insurer under that policy.

Thinking about the definition of what is an «offence» or any other term used to define what acts are covered by the policy, will the hypothetical e & o insurer take the position that there's a coverage issue here if, in fact, the VSA knew that his or her skills were better, since then the VSA is intending the result that occurred?

While the project has been supported from the outset by major insurers, there is a concern that without legislation some insurers, including smaller insurance companies and those providing defined benefit schemes (which, ostensibly, have less to gain by participating), will not provide the necessary data such that individuals can access all their pension scheme information in one place.

Although the policy did not define the term «actual cash value,» it expressly provided that the policy contained all the agreements between the parties concerning the insurance afforded and that the terms of the policy could be amended or waived only by endorsement issued by the insurer.

The Court of Appeal noted that insurance arbitrations are not court proceedings but, rather, are governed by a distinct and defined regime which seeks to efficiently resolve such disputes between insurers and which did not warrant judicial intervention, given that courts and arbitrators do not share the jurisdiction at the first instance.

Once a med - pay claim is made by an insured, an insurer becomes obligated to make the medical payment when its insured can show he suffered a bodily injury, as defined in the medical payments provision of the auto policy, in an accident (regardless of fault) and thereafter incurred medical expenses in the treatment of that injury.

The term «insurance» is a contractual agreement; most commonly refers to the instance of an insurance policy, which legally binds the insurer to cover the cost of all or any portion of damages suffered by the insured party as defined in the policy.

Similarly, payment includes disclosure of protected health information by a health care provider to an insurer that is not a «health plan» as defined in this rule, to obtain payment.

Premium is defined as the specified amount of payment required periodically by an insurer to provide coverage under a given insurance plan for a defined period of time.

For more details about the worst potentially discriminatory practices and for info about which insurers offer the fairest pricing (fair here is defined as how you drive and have driven, not by how an algorithm thinks you'll drive in the future), check out Consumer Report's rundown.

The clause in the Insurance Contract that defines that no death benefits will be payable by the Insurer, in case the Insured commits suicide during a specified initial period, usually in the first year of the policy.

Also, healthy individuals, as defined by life insurers, can avail of the term insurance plan without time - consuming medical tests.

Accidental Death is defined as death caused solely by external, violent, unforeseeable and visible means, occurring independently of any other causes and within ninety (90) days of such trauma, proved to the satisfaction of the insurer

As bike insurance protects your vehicle from damages, it does require a defined amount to be paid by to the insurer to avail the coverage.

the body has defined pre-existing disease as «Any condition, ailment or injury or related condition (s) for which you had signs or symptoms, and / or were diagnosed, and / or received medical advice / treatment within 48 months to prior to the first policy issued by the insurer» and hospitalization as «A minimum stay for 24 hours in the hospital».

* Accidental Death is defined as traumatic death of the member caused solely by «accident», occurring independently of any other causes and within one hundred and eighty (180) days of such trauma, proved to the satisfaction of the insurer.

The extent of your chronic illness must incapacitate you sufficiently as defined in the terms outlined by the policy which may vary from insurer to insurer.

As long as the premium is paid on time the death benefit is guaranteed by the insurer to remain in force until a defined age.

Many COLA riders will automatically terminate ata defined upper age and can be terminated by the insurer if theinsured rejects the offer for additional coverage

Additionally IRDA, in order to reduce ambiguity and variable interpretation of policy terms, mandated all the insurers to stick to standardized definitions (stipulated by IRDA) for defining 46 core policy terms.

On investment products, insurers define a non-medical grid by age and sum assured.