Sentences with phrase «determined by the insurer»

Cash value builds at a fixed rate determined by the insurer.

Bayer said in a statement that it doesn't control the cost for patients at the pharmacy, because copays are determined by insurers and pharmacy - benefit managers — an argument that pharmaceuticals companies have long made when facing criticism over drug prices.

Cash value builds at a fixed rate determined by the insurer.

Essentially, you, as a policyholder, get to participate in the profits of the company (as determined by the insurer once they've paid all death benefits and other business expenses).

Indexed universal life insurance offers greater control over the performance of your policy's cash value growth, since you're not relying on a figure determined by the insurer and their performance.

Depending on how you want to invest the cash value, you can choose between traditional universal life insurance (rates determined by insurer), indexed universal life insurance (tracks an index), and variable universal life insurance (you pick from a set of mutual funds).

By contrast, the cash value in universal life insurance is linked to an interest rate determined by the insurer, and the cash value of variable life and variable universal life is linked the performance of the underlying investment options you choose to invest in and fluctuate with market conditions.

The amount of interest credited to the policy is determined by the insurer and spelled out in the terms and conditions.

The cash value earns interest at a rate determined by the insurer and that rate is subject to fluctuation based on market conditions.

By contrast, the cash value in universal life insurance is linked to an interest rate determined by the insurer, and the cash value of variable life and variable universal life is linked the performance of the underlying investment options you choose to invest in and fluctuate with market conditions.

Cash value builds at a fixed rate determined by the insurer.

You can also only use your health savings to pay for qualified medical expenses, which are determined by your insurer.

Interest credited to the account is determined by the insurer, but has a contractual minimum rate (often 2 %).

How much of an effect age really has on your policy will also be determined by your insurer's pricing system.

Your deductible in this circumstance is determined by your insurer, unless you live in the state of Florida, which dictates the rates.

Indexed universal life insurance offers greater control over the performance of your policy's cash value growth, since you're not relying on a figure determined by the insurer and their performance.

When you get a homeowners insurance policy it is important to understand how the outcome will be determined by your insurer.

Similar to the Accelerated Death Benefit, the insured would receive a lump - sum payment that is determined by the insurer and listed in the terms and conditions of the policy.

The deductible may be $ 100, $ 500 or even $ 1,000, and the payment for your loss will only be actual cash value as determined by the insurer.

Depending on how you want to invest the cash value, you can choose between traditional universal life insurance (rates determined by insurer), indexed universal life insurance (tracks an index), and variable universal life insurance (you pick from a set of mutual funds).

Essentially, you, as a policyholder, get to participate in the profits of the company (as determined by the insurer once they've paid all death benefits and other business expenses).

The limits of personal effects coverage in these cases are determined by the insurer [1].

Based on the above factors, the cost of your two - wheeler insurance policy is determined by your insurer.

Not exact matches

Insurance is regulated state by state, and each state has its own insurance commission to determine how much insurers can raise rates on renewed term policies.

Trying to determine what the Department of Labor means by «best interest» could be a treacherous exercise for insurers, says our Kim O'Brien.

In January 2009, then - New York Attorney General Andrew Cuomo announced the settlement of an investigation into the method used by certain health insurers to determine reimbursements for patients who received care from out - of - network providers.

An IUL policy is credited an interest rate determined by, either the declared rate of the insurer, or the participation rate and cap rate of the underlying index the indexed account tracks.

Term life insurance quotes are determined in large part by your health, and insurers have four standard tiers of health ratings.

Since you're not actually invested in the index, the insurer determines your return for a given period of time by multiplying your base cash value by the index's performance.

In most States your credit report / score can be used by insurers to determine the premiums you should pay (the exception being health insurance where this is prohibited at a Federal level).

A beneficiary designation form is a legal document and will be used by the insurer to determine who will receive the death benefit if you pass away during the period of coverage (as well as how much they will receive).

This also helps insurers during underwriting process and in determining the amount of premium to be paid by the insured.

The cost of insurance is determined by the level of risk your insurer is taking on.

«The insurer will determine when the client will come home — by air ambulance or other means — as soon as they are fit to travel according to the insurer's doctors and attending physicians.»

To determine how much your premiums will cost, insurers use a health rating that will be affected by the results of your medical exam.

If the settlement provides for the payment of a lump sum in an amount offered by the insurer and, with respect to a benefit under the Statutory Accident Benefits Schedule that is not a lump sum benefit, the settlement contains a restriction on the insured person's right to mediate, litigate, arbitrate, appeal or apply to vary an order as provided in section 280 to 284 of the Act, a statement of the insurer's estimate of the commuted value of the benefit and an explanation of hoe the insurer determined the commuted value.

We believe that this decision will assist first party insurers in determining whether Applicants are entitled to attendant care by clarifying the eligibility of the parties providing care and by clarifying the manner in which the services can be provided to be entitled to compensation.

The Court of Appeal applied the test as established in its recent decision of Hoang v. Vicentini2 to determine whether there was a reasonable apprehension of conflict of interest on the part of counsel appointed by the insurer:

The Supreme Court has unanimously allowed an appeal, in a case that required the court to consider whether a claim to damages against the UK Motor Insurers» Bureau was to be determined in accordance with English or Greek law, where the respondent had been injured by an uninsured driver while on holiday in Greece.

(1) For the purposes of assisting an insurer to determine if an insured person is or continues to be entitled to a benefit under this Regulation for which an application is made, but not more often than is reasonably necessary, an insurer may require an insured person to be examined under this section by one or more persons chosen by the insurer who are regulated health professionals or who have expertise in vocational rehabilitation.

The FTC in a 3 to 1 vote approved Fidelity's purchase of Lender Processing Services Inc. on Tuesday, but required the mortgage servicer to divest databases used by abstractors, title insurers and others to determine the title status of property in nine Oregon counties.

(7) If the notice under subsection (5) indicates that the attendance of the insured person is not required at the examination and it is subsequently determined by the person conducting the examination that the insured person should be in attendance and personally examined, the insurer shall give a notice to the insured person at least five business days before the examination,

(16) If an insurer determines that an insured person is not entitled by reason of section 20 to attendant care benefits for expenses incurred more than 104 weeks after the accident, the insurer shall give the insured person a notice of its determination, with reasons, not less than 10 business days before the last payment of attendant care benefits.

(2) If an assessment is made under subsection (1), the share of a particular insurer shall be determined in the manner prescribed by regulation, which may take into account the degree of usage made of the Licence Appeal Tribunal that is specified in the regulations.

10.4 governing the procedure for determining who is liable to pay statutory accident benefits under section 268, including requiring insurers to resolve disputes about liability through an arbitration process established by the regulations and requiring the interim payment of benefits pending the determination of liability;

determined to be payable by the insurer on the resolution of a dispute in accordance with sections 279 to 283 of the Act.

Where the insurer has unreasonably withheld or delayed a benefit later determined by a court or arbitrator, s. 3 (8) states that the need to demonstrate an expense was «incurred» is not required.

Acting for Insurers in numerous coverage disputes determined by way of Bermuda Form arbitration

(7) If an insurer determines that an insured person is not entitled to receive a specified benefit by reason of clause (6)(a), (c) or (d), the insurer shall give the insured person a copy of its determination,

(4) If the insurer determines that the person is not entitled to receive any specified benefit by reason of clause (2)(a), (c), (d), (e) or (f), the insurer shall give to the insured person a copy of its determination.