Sentences with phrase «during claim settlement as»

This could prove costly to your family during claim settlement as any concealment of information may lead to rejection of claim by the insurer.

Not exact matches

Examples of documentation that can be used to support extenuating circumstances include documents that confirm the event (such as a copy of a divorce decree, medical bills, notice of job layoff, job severance papers, etc.) and documents that illustrate factors that contributed to the borrower's inability to resolve the problems that resulted from the event such as a copy of insurance papers or claim settlements, listing agreements, lease agreements, tax returns (e.g. covering the periods prior to, during, and after a loss of employment).

During settlement negotiations, you may hear a reference to a second dollar amount known as the «authority» of the claims adjuster.

Whatever disbursements are not recovered during the course of the claim will be recovered as part of any settlement or judgment.

During settlement negotiations with the authorities, companies should be aware of the risk that the fact of a settlement, as well as any associated press coverage or documents (such as a statement of facts in a DPA), may raise awareness of potential civil claims, and in certain circumstances may even be relied upon to support such claims.

Then there are more specific parameters such as the premium earned during a fiscal year, claim settlement ratio, solvency ratio and the turnaround time to settle a claim.

You must ask as many questions as required so that you completely understand the factors that will be considered in deciding the premium and also during claim settlements.

For private insurers, the settlement ratio had gone down to 88.65 per cent in 2012 - 13, as compared to 89.34 per cent during the previous year, Irda said.It further revealed that private sector insurance firms have been rejecting about 8 per cent of the claims as against 1.12 per cent by the LIC.

Conceal and misrepresent the facts, as it could lead to disputes during the time of claim settlement

The approach advocated by the Commission gives full weight, as a matter of interpretation, open in the text, to the word «traditional» in sub-sec 223 (1), and avoids the mockery which would be constituted by mandating failure of a claim if there be any gap revealed in the admissible (eg non-hearsay) evidentiary description of the social and religious conduct of people without writing from pre-1788, continuously, until and during the shock and disruption of non-indigenous settlement.