Sentences with phrase «expenses of insured»

This policy is designed to pay the hospitalization expenses of the insured person, in case he suffers an illness or accidental injury within the policy period.

A group health insurance policy provides cover for the hospital expenses of the insured in the following forms: -

This policy is designed to pay the hospitalization expenses of the insured person, in case he... Read more

For instance, with a term life insurance policy, if the insured passes, the tax - free death benefit can go toward paying the college expenses of the insured's child.

Burial insurance is a type of whole life insurance policy meant to help buyers pay funeral expenses of the insured.

The pre and post hospitalization expenses of the donor are not considered under this feature, but yes all the medical expenses of the insured are taken care by the insurer.

Final expense insurance also referred to as «funeral» or «burial» insurance, is a life insurance policy that is designated for paying the final expenses of the insured that typically accumulate leading up to and immediately after the insured's death.

This means that the entire amount of the proceeds may be used for paying off debts such as funeral costs, medical bills, and other final expenses of the insured.

Pre-need Insurance This type of coverage is for a small face amount, typically purchased to pay the burial expenses of the insured.

[x] It is a form of life insurance policy which pays for the final expenses of the insured individual after his or her death.

On a basic level, PIP covers the medical expenses of the insured policy holder in the event of an accident, without regard to fault or liability.

PIP is a coverage in which the auto insurance company pays, within the specified limits, the medical, hospital and funeral expenses of the insured person, people in the insured vehicle and pedestrians struck by the insured vehicle.

In such an insurance provider takes care of the treatment surgical expenses of the insured person.

Personal Accident cover: Covers the hospitalization expenses of the insured party at the time of accident

Uninsured motorist liability coverage pays for the injuries and medical expenses of the insured driver and any passengers if they are hit by a motorist without insurance.

This means that 100 percent of the amount can be used for financial needs such as paying off debt, covering the funeral and other final expenses of the insured, and / or for the payment of ongoing living expenses by the insured's survivors.

Funeral expenses: The company will provide a payment for a fixed amount as mentioned in the schedule for funeral expenses of the insured person.

It covers medical expenses of an insured in the event of sudden and unexpected sickness or accident arising during traveling.

Health insurance covers the medical and surgical expenses of the insured individual due to hospitalisation from an illness.

PIP insurance will cover medical expenses of the insured driver.

One reason for this is because the proceeds from a life insurance policy may be used for numerous needs, including the payment of debt, the continuation of ongoing living expenses of the insured's survivors, and / or the payoff of the insured's funeral and other final expenses.

The no - fault system is when car insurance companies must pay the expenses of insured drivers regardless of who was at fault for the accident.

The expense of insuring a young driver can be offset by a multi car discount if your teenager has their own vehicle.

The expense of insuring a young driver can be offset by a multi car discount if your teenager has their own vehicle.

Car Insurance Discounts on Business Vehicles Car insurance discounts on business vehicles help businesses better handle the expense of insuring their fleets of vehicles.

Car insurance discounts on business vehicles help businesses better handle the expense of insuring their fleets of vehicles.

There is a special type of home insurance available for renters, designed to protect the things that are important to you without the added expense of insuring things that are not your concern.

Not exact matches

His firm estimated that $ 75 billion in insured losses would result in an average industry - wide combined ratio, a closely - watched measure of expenses to premium income, of 106 percent compared with 95 percent in 2016.

Employees may be required to furnish insured vehicles during their employment, but the employer must give the employee a reasonable mileage reimbursement based upon the expenses of owning and operating the vehicle.

The Healthcare Reform Law, including The Patient Protection and Affordable Care Act and The Healthcare and Education Reconciliation Act of 2010, could have a material adverse effect on Humana's results of operations, including restricting revenue, enrollment and premium growth in certain products and market segments, restricting the company's ability to expand into new markets, increasing the company's medical and operating costs by, among other things, requiring a minimum benefit ratio on insured products, lowering the company's Medicare payment rates and increasing the company's expenses associated with a non-deductible health insurance industry fee and other assessments; the company's financial position, including the company's ability to maintain the value of its goodwill; and the company's cash flows.

A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guarantees, and administrative costs.

Nowadays, you can find a variety of health insurance products to insure your different types of health related issues like; hospitalization expenses, critical illness, cancer insurance etc..

Some of Clinton's plans include guaranteeing 12 weeks of paid family and medical leave, expanding early childhood education, capping childcare expenses at 10 percent of a household's income, helping the families of children with autism and other special needs get access to more resources and support, and insuring more families through the Affordable Care Act.

Traditional people valued fat and went to great expense to insure that they had enough of it.

Whenever any civil action has been brought against any officer of the Florida College System institution board of trustees, including a board member, or any person employed by or agent of the Florida College System institution board of trustees, of any Florida College System institution for any act or omission arising out of and in the course of the performance of his or her duties and responsibilities, the Florida College System institution board of trustees may defray all costs of defending such action, including reasonable attorney's fees and expenses together with costs of appeal, if any, and may save harmless and protect such person from any financial loss resulting therefrom; and the Florida College System institution board of trustees may be self - insured, to enter into risk management programs, or to purchase insurance for whatever coverage it may choose, or to have any combination thereof, to cover all such losses and expenses.

The principal of, and interest paid and to be paid on, debentures, which are the obligation of such fund, cash insurance payments, and adjustments, and expense incurred in the handling, management, renovation, and disposal of properties acquired, in connection with mortgages insured under this section, shall be charged to such fund.

(2) The general expenses of the operations of the REHABILITATION Services Administration relating to mortgages insured under this section may be charged to the REHABILITATION Facilities Insurance Fund.

An insured person can use these financial payments to cover the cost of any living expenses she incurs while unable to work due to illness or injury.

Be sure to keep a minimum of 3 to 6 months» worth of living expenses in an FDIC - insured emergency savings to stay safe.

Existing Debt: Add the sum of the existing FHA insured first lien, closing costs, reasonable discount points and the prepaid expenses necessary to establish the escrow account, and subtract any refund of upfront mortgage insurance premiums (UFMIP) as described below.

If you don't have at least 6 month's worth of your living expenses saved in an FDIC - insured high - yield savings account, that should be your first priority for a portion or all of your newly acquired money.

Technical Answer: «If a claim is made or a suit is brought against an insured for damages because of bodily injury or property damage... we will pay up to our limit of liability for the damages for which the insured is legally liable... and provide a defense at our expense by counsel of our choice even if the suit is groundless, false, or fraudulent.»

In that instance, we were happy to note that yes, medical payments to other coverage could be applicable in that situation and that the insured would not need to pay out of pocket for his friend's medical expenses.

Take the amount of money your family will need to cover any expenses — whether it's immediate cost of living expenses, long - term plans like paying off a mortgage, one - time big expenses like college tuition, and / or funding your partner's retirement — and that's the amount that you'll need to have on hand to be self - insured.

Example: insuring your car for an extra $ 1M liability insurance against possible medical expenses of those in an accident.

The cost of the policy is certain to be higher than the actuarial cost (cost of claim x probability of claim during insured time period) of repair / replacement of a failed system, as the insurer would need to cover sales costs, operating expenses and profit in addition to the direct policy cost of system replacement.

Definitely the right move to increase your buffer and self insure against most of life's unexpected expenses.

A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guarantees, and administrative costs.

FHA - insured mortgage lenders define long - term debt as monthly expenses extending 12 months or more into the future, and look for these expenses plus housing expenses not to exceed 41 percent of the homeowner's gross monthly income.

Topics include tapping your investments and home equity, staying adequately insured, managing medical expenses, the basics of estate planning and, for some grandparents, raising a second family.