Sentences with phrase «insurance claims are paid»

With very rare exceptions life insurance claims are paid and paid in a timely fashion.

term insurance claims are paid out on 2 % of the polocies issued.

Second, the statute ensures that car accident insurance claims are paid out quickly and efficiently.

He is able to put the cash to work because most insurance claims are paid out years later.

The MMI is the agency's «cash reserves»; the account from which insurance claims are paid.

Many years later, when the painting is recovered, its value is many times what it was when the insurance claim was paid.

Almost all other rewards cards only offer secondary coverage which means your automobile insurance is responsible for paying all expenses first and the credit card will cover any applicable expenses after the insurance claim is paid out.

The fact is that over $ 38 Billion in life insurance claims were paid out to the beneficiaries of 911 victims and the only exclusion on almost all life insurance policies (not to be confused with AD&D) is a 2 year exclusion on suicide.

In most cases, the proceeds from a life insurance claim are paid free of any taxes.

If a life insurance claim is paid out, it doesn't really matter if the policy was a term or whole life contract, the death benefit is equal to the face value of the contract.

With the possible exception of AARP, life insurance companies truly go out of their way to make sure every legitimate life insurance claim is paid and if the legitimacy of the claim is in a gray area, could really be seen both ways, they will almost always come down on the side of the insured.

Not exact matches

A deductible is a specified amount of money that the insured person must pay before an insurance company will pay a claim.

Claims for Social Security Disability Insurance — which pays out $ 143 billion each year to more than 11 million Americans unable to work because of a serious illness or impairment — have been ticking upward.

With rebates, the insurance company (or employer) is still paying just as much on EpiPen claims as it was before.

But when they're providing insurance to a large group of employees at a corporation or institution, they also have powerful motivations to pay legitimate claims.

The overall tab for opioid - related treatment is likely even higher since Kaiser's analysis only examined services that were at least in part paid for through health insurance claims.

Healthcare providers prefer to be paid upfront to avoid the expensive process of chasing after claims and unpaid medical bills and you're only paying for your doctor's time instead of the insurance company's flat rate, which includes its own administrative costs as well.

For example, two Valeant employees were copied on a November 2014 email with an attachment explaining how Philidor employees could bill the highest amount an insurance company was willing to pay by resubmitting rejected claims at different price points.

Another benefit is that you only deal with your own insurance company, rather than another insurer with less incentive to pay for your claim.

However, if they have renters insurance, a student would be able to file a claim and only have to pay a deductible to replace their personal property.

This is achieved with Amino's massive trove of deidentified data from patient experiences as described in the services billed and paid for in 9 billion commercial and Medicare insurance claims.

If you are diagnosed with a critical illness or get into a serious accident, there's a good chance that your health insurance policy will deny certain claims or only partially pay for health care expenses.

Higher costs from the lawsuits this year would be reflected in rates for reinsurance — which is insurance that insurance companies must buy to ensure they can pay claims after a catastrophe — by June 1 of next year, he said.

Initially, the author thought it might be Buffett himself or that it was predicated on the «float» of his insurance companies (the difference between claims paid out and premiums paid in).

Guarantees apply to certain insurance and annuity products and are subject to product terms, exclusions and limitations and the insurer's claims paying ability and financial strength.

footnote † Product guarantees are based on the claims - paying ability of the insurance company that issues the contract.

A contract's financial guarantees are subject to the claims - paying ability of the issuing insurance company.

Guarantees are based on the claims - paying ability of the issuing insurance company.

Fixed Insurance and Annuity product guarantees are subject to the claims - paying ability of the issuing company.

Property and casualty insurance companies invest a substantial percentage of book value and policyholder «float,» which is money they hold until policy claims are paid out but do not own, in investment - grade bonds, particularly corporate bonds.

AM Best's Financial Strength Rating measures a company's financial ability to pay out insurance claims.

The tax break relating to premiums paid for mortgage insurance is generally claimed by low - and middle - income filers, according to the IRS.

Get an estimate for guaranteed income payments you can receive through a fixed income annuity (guarantees are subject to the claims - paying ability of the issuing insurance company).

footnote * Product guarantees are subject to the claims - paying ability of the issuing insurance companies.

In Berkshire's property & casualty (P&C) insurance businesses, premiums are collected up front, but claims are paid out often years or decades later, allowing the float to be used for investments.

Fixed Insurance and Annuity product guarantees are subject to the claims ‐ paying ability of the issuing company and are not offered by Retirement Wealth Advisors.

That claim had a particularly special meaning: It was the one claim that required Gawker's insurance company to pay for its defense as well as potential payouts in the case of a settlement.

These reports can help you understand how your medical practice is performing based on many revenue cycle metrics, find if the claims are paid in time, and how the insurance carriers are paying your practice for important procedures.

In February 2014, JPMC agreed to pay $ 614,000,000 to settle charges asserted by the United States Attorney's Officer for the Southern District of New York, the Federal Housing Administration, the United States Department of Housing and Urban Development, and the United States Department of Veteran Affairs resolving False Claims Act, FIRREA and other civil and administrative liability for FHA and VA insurance claims that have been paid to JP Morgan Chase since 2002 through the date of settlClaims Act, FIRREA and other civil and administrative liability for FHA and VA insurance claims that have been paid to JP Morgan Chase since 2002 through the date of settlclaims that have been paid to JP Morgan Chase since 2002 through the date of settlement.

footnoteProduct guarantees are subject to the claims - paying ability of the issuing insurance company.

A big chunk of float must be kept liquid to pay for claims on its insurance business.

On October 4, two weeks after Hurricane Maria hit Puerto Rico, Trump finally sent Congress a request for $ 29 billion more for disaster victims in the mainland US, Puerto Rico, and the US Virgin Islands; $ 13 billion is set aside to replenish the shrinking FEMA disaster relief fund, and the rest will go to pay federal flood insurance claims.

Our cost estimates are based on claims for medical and dental services paid for by private insurance plans, including the country's largest insurers.

(1) All guarantees are based on the claims - paying ability of the insurance company.

All guarantees are based on the claims - paying ability of the issuing insurance company.

My friends who buy from an insurance company are constantly battling to have their claims paid... Then there are the people who get dropped when they start costing the insurance companies too much.

Notwithstanding the claims of the Obama administration, employers will still be facilitating the coverage to which they object, in the contracts they make with insurance companies, and in most cases will actually still be paying in full for the coverage.

I am no theologian but I don't think that Jesus would have owned an insurance company that paid more for lawyers than they pay for claims.

If you are claiming the ACA is a scandal because it forces everyone to have insurance even though some may not take full advantage of it then paying for the fire department is a scandal because my house has never caught fire.

Popular restaurant chain Jimmy John's also experienced a lawsuit after 300 delivery drivers claimed they were made to pay for their own vehicle insurance, maintenance and work - related phone use — which was in violation of both the Fair Labor Standards Act and the Kansas Wage Payment Act.