Sentences with phrase «initial policy expenses»

Disadvantage No. 3: Surrender of the policy within the first five to ten years may result in considerable loss because cash surrender values reflect the insurance company's recovery of sales commissions and initial policy expenses.

Not exact matches

An earlier filing might have been a telltale sign about the financial problems to come: Tesla disclosed that it had begun reimbursing Mr. Musk for his use of his private plane, justifying the cost by saying, «By paying only the variable expenses of Mr. Musk's private airplane, consistent with the reimbursement policy in place, we will recognize a cost saving as compared to the customary practice for an initial public offering road show.»

An evaluation study of the district's equity fund highlighted several implementation challenges.65 Some PTAs simply did not comply with the district's policy to give back some dollars, and the district had difficulty figuring out how to exempt some PTA expenses fairly from redistribution.66 The evaluators did not examine how this policy affected PTA revenues, but there was significant pushback from members of the community, with some parents threatening to reduce donations during initial policy negotiations.67 A group of parents voiced that the approach was punitive, and that instead, parents should be encouraged to donate to a separate equity fund or to other, less affluent schools.68 Other districts that have considered establishing an equity fund have feared similar pushback, worrying that rich parents will threaten to leave the district, disinvest in their schools, or decrease their overall contributions.69

The initial fees and expenses make it difficult to get ahead in the early years of your policy.

For example, a policyholder with a $ 100,000 annuity who had selected and aggregate benefit limit of 300 % and a two year benefit factor would have an additional $ 200,000 available for long term care expenses after the initial $ 100,000 policy value was depleted.

Of various alternatives, Tim and Maureen also wish to consider investing the $ 5 million into a low - expense participating whole life policy with minimum initial death benefits.

An unforeseen consequence of this policy was a tendency for local NWS offices to assign lower initial ratings, eliminating the expense and complexity of involving external evaluators.

These charges account for the initial expenses incurred by the company in issuing the policy, e.g., cost of underwriting, medicals and expenses related to distributor fees.

Following these tips can increase your chances of making your customers feel at ease during your initial conversations about final expense insurance and enhancing the chances that they will ultimately purchase the policy.

The initial fees and expenses make it difficult to get ahead in the early years of your policy.

If a covered Injury or Illness requires continuing Treatment after the expiration of the Policy Period, an Insured Person may receive continuing Treatment for the covered Injury or Illness for up to 6 months per Injury or Illness, subject to the following: if the Policy Period expires while the Insured Person is outside the Home Country, a covered Injury or Illness incurred while outside and prior to returning to the Home Country, and that covered Injury or Illness requires continuing Treatment, the Company will review and determine the date of initial Treatment for the covered Injury or Illness, and if such date is prior to the expiration of the Policy Period, Eligible Medical Expenses for the covered Injury or Illness will continue to be reimbursed until there has been at least the minimum number of days of continuous Treatment for the covered Injury or Illness, subject to the limits set forth in the Schedule of Benefits / Limits, and all other Terms of the insurance plan.

This type of policy may have lower initial expenses, but may become more expensive than issue - age pricing or community - rated pricing as the policy holder ages.

Also, if a company offers you a lower deductible (initial out of pocket expense before the policy kicks in) at a lower premium rate that is always a bargain.

It includes initial expenses incurred by the insurer in issuing the policy, such as underwriting cost, medical expenses, and distributor's fees.

Hi Nagendra, ULIP's charge high expenses during the initial period of insurance policy, hence you would see that your investment is low compared to what you have invested.

Premium allocation charge is a charge levied to recover initial expense incurred towards issuing the policy as the distributor fee and the cost of underwriting.

These charges are deducted on account of the initial expenses (such as cost of underwriting, medicals & expenses related to the intermediary's commission, etc.) incurred by the insurance company in issuing the policy.

• Provide advance payments on flood claims, even before visits by an adjuster • Increase the advance payment allowable for policyholders who provide photographs or video depicting flood damage, along with receipts or canceled checks for their out - of - pocket expenses, or a contractor's itemized estimate • Waive the initial Proof of Loss (POL) requirement to allow advance payments • Extend the standard 30 - day grace period for NFIP policy renewals