Sentences with phrase «increasing claims against insurance companies»

Not exact matches

The answer may be one of two things: 1) Your employer may not be aware of the difference between the two types of benefits OR 2) Your employer could be trying to pull the wool over your eyes — by having you make a claim under your personal STD policy (remember YOU pay for this and it is usually much less money and no medical benefits), instead of filing a claim for workers» compensation benefits against the company's insurance policy (the policy the employer pays for) it saves the company money (filing a claim will increase their premiums).
This is normally used in the instances of policies which cover disability, life or health insurance so that a policy holder can be guaranteed ongoing coverage even if they should later develop a condition or conditions that increase the risk exposure of the insurance company to make payments against claims, or even if it guarantees that the insurer will have to make a payment of a benefit.
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