Sentences with phrase «giving additional insured»

Not exact matches

By being additional insured, the landlord is given protection similar to if he were a named insured on your renters policy.That's all well and good as far as damages to other people go, but there's a serious problem here.

The bill never went anywhere, but that indicates how bad an idea it is to give your landlord renters insurance with additional insured status.

When you suffer a loss, it's a given that you'll incur additional costs to live if you can't use the insured premises.

We've explained before how applying for life insurance is basically broken down into just 8 steps: you determine your coverage needs, get quotes, apply, take a paramedical exam, give additional health details, have your final rate determined, approve your policy, and get insured.

Additional insured status does not give the same rights under the policy terms as a «named insured» or «insured» and these are technical distinctions that need to be reviewed with your local insurance agent.

Waiver of Premium is an additional provision (sometimes also called a rider) in most Life Insurance policies which allows to stop paying premiums after the insured person has been disabled for a given period of time (usually six months) due to an illness or an injury.

Personal umbrella liability insurance gives insureds additional liability coverage that covers any excess damage or injury that exceed your auto, home or professional liability insurance coverage.

We've explained before how applying for life insurance is basically broken down into just 8 steps: you determine your coverage needs, get quotes, apply, take a paramedical exam, give additional health details, have your final rate determined, approve your policy, and get insured.

Incentives given by an insurer as an additional benefit to the insured for keeping the policy in full force throughout the term of the contract is called loyalty addition.

To accomplish this, companies give the best deal to clients who will use their company to insure all three main lines of insurance, as people who buy one type of insurance usually have additional items that need insuring and end up paying much more in total annual premiums than the single - line customer who only insure a car or a house.

Charitable Giving Benefit Rider: Selected at issue and available at no additional cost, this rider provides an additional benefit of 1 % of the base policy specified amount (up to $ 100,000) to the qualified charity of the policyowner's choice upon the insured's death.

By being additional insured, the landlord is given protection similar to if he were a named insured on your renters policy.That's all well and good as far as damages to other people go, but there's a serious problem here.

An optional add - on to a life insurance policy that gives the insured the ability to convert all or part of their term life insurance coverage into a permanent policy without additional medical exam.

Level term insurance rider: Gives clients the option for additional, convertible level term insurance on the person insured under the base amount of the policy.

Accidental Death Rider: In case of an accidental death of the insured, an additional amount along with the sum assured in the lump sum is given the nominee.

Guaranteed insurability rider: Available at an additional cost, this rider gives insureds the ability to increase death benefit coverage in the future at no additional charge.

In the case of an accidental death of the insured, an additional amount in addition to the basic sum assured given the nominee.

This plan also provides the insured with regular pay - outs that increase at different stages in life, and ensures protection for their families while giving them the option of choosing additional riders and flexible premium paying terms.

The Sonoma County renters insurance experts understand the difference between naming a landlord as additional interest and naming a landlord as additional insured, as well as the significant risk that you undertake and the rights you give up by naming a landlord as additional insured.

If a premium is higher than this, the government gives the insured person a cash subsidy to pay for any additional premium.

Adding the GI rider «insures your insurability» in the future by giving the right to purchase additional insurance at different life stages, without further medical examination.

A broad form Indiana renters insurance policy will give the insured additional options for his or her policy.

In case of these plans, if the life insured does not die during the tenure of the plan, the life insurance company either gives back just the premium or gives back the premium with additional investment returns.