Sentences with phrase «expected liability payments»

Since the reserves are set apart using expected liability payments, if actual payments exceed expected payments, then current earnings will be overstated and the excess amount will be deducted from current earnings.

Not exact matches

When the Society of Actuaries updated their mortality assumptions, commonly used by pension plans to estimate future payments, they anticipated that pensions could expect up to a 7 or 8 percent increase in liabilities.

, commonly used by pension plans to estimate future payments, they anticipated that pensions could expect up to a 7 or 8 percent increase in liabilities.

A tenant shouldn't be paying damage deposits, more than one month's rent in advance, interest on arrears or penalties on missed rental payments, and they shouldn't be expected to waive their liability or their landlord's liability for maintenance and repair issues.

Any insurance company whose annual direct gross premiums license tax liability is expected to exceed $ 3,000 (after tax credits), is required to make estimated tax payments.

State Farm policyholders should expect to see the increase at renewal time on their liability, collision, and personal injury protection or medical payments coverages, Sirola confirms.

Medical payments to others is a great catch all for things that aren't worth a liability claim but where you still are expected to make someone whole for their injuries.

«Coverage E — Personal Liability and Coverage F — Medical Payments to Others do not apply to bodily injury or property damage which is expected or intended by the insured...»