Sentences with phrase «insurance contract if»

The form is signed by the applicant and becomes part of the insurance contract if a policy is issued.

The most important feature of a life insurance company is being financially able and willing to provide the protection guaranteed in the life insurance contract if the need to file a claim should arise.

The United Kingdom was a leader in that trend by passing legislation that prohibited insurance contracts if no insurable interest could be proven, notably the Life Assurance Act 1774 which renders such life insurance contracts illegal, and the Marine Insurance Act 1906, s. 4 which renders such contracts void.

Not exact matches

Dig Deeper: The Case for Self - Insurance Health Care Reform and Small Business: If You Have 50 Employees Starting now, companies that are growing or which are already hovering around 50 employees should make sure they can document exactly how they count employees versus contract workers, temps, and full - time equivalents.

Variable annuity contracts offer the insurance component of an income guarantee with the possibility of increasing the payout if markets do well.

The DOL describes surrender charges as «fees an insurance company may charge when an employer terminates a contract (in other words, withdraws the plan's investment) before the term of the contract expires or if you withdraw an amount from the contract.

Geithner and Obama warned that if Greek bondholders were not paid in full, some giant U.S. banks would lose heavily on the default insurance contracts and derivatives they had written, and their losses could spread «contagion» to Europe.

However, the insurance company will keep the proceeds that are paid into the contract if the annuitant dies before reaching the age of payout.

Other smart contract possibilities include managing between parties if one would buy insurance from the other, providing some utility to another contract, or storing information about other contracts.

If an insurance company succeeds in establishing a non-disclosure defense, then it can avoid or rescind the contract of insurance.

Under English law, which often applies to such policies involving international trade, because insurance contracts are «of the utmost good faith», the policyholder is required to disclose all «material» facts to the insurance company even if no question is asked by the insurance company.

Effective January 1, 2013, Insurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger thInsurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger thinsurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger the person.

There are applications within insurance about smart contracts where you can program what happens if a certain event happens that can automate a lot of the processes.

So if the estate tax disappears, then demand for specially structured life insurance contracts could weaken as well.

If your job contract is coming from a company with 50 or more full - time employees, you should be offered health insurance.

If you decide to insure, EDC offers a full suite of insurance products that can protect you against non-payment, contract cancellation, breach of contract, expropriation, currency restrictions, political violence and more.

Many had contracts that guaranteed health insurance, even if they were laid off; they had pension benefits that did not depend on the stock market.

If the answer to question 1 is «Yes» then the SCOTUS made a grave error in allowing corporations to pay their employees less than they agreed to in the contract to provide health insurance coverage regardless of their faith in return for hours worked.

I can not imagine Wenger would bring him back except perhaps on a low - salary, 6 month contract / loan for backup insurance if Debuchy departs.

Depending on the specific contracts, C - sections might be profitable if the patient carries insurance from Company A, but unprofitable if the patient carries insurance from Company B. Profitability depends entirely on whether the compensation for the procedure defrays the costs incurred for that procedure.

The base fee is generally around $ 25,000 and $ 30,000 dependent upon where the surrogate resides, if they have approved insurance coverage, and what is negotiated into the contract.

Even if we are not specifically contracted with your insurance provider, some coverage may still be available.

But even if the returns to RSML end up amounting to no more than $ 20 million per annum, the total take will be in excess of $ 1 billion over the lifetime of the contract if increases in the levy merely tracks inflation in insurance premiums over the last decade.

Your union can help if you want better pay or if anything bad happens to you, but like any insurance it can only help if you have been a member for some time prior to a crisis,» say members of the AUT's Contract Research Staff Committee.

If you have a work contract, it depends on your salary whether you can choose between statutory or private insurance.

If your plan provides coverage for Naturopathic Medical services and we are not a contracted provider, we will be happy to assist you in submitting your bill to your insurance company for reimbursement.

(2) The Government does not assume any risk with respect to loss or damage compensated for by insurance or otherwise or resulting from risks with respect to which the Contractor has failed to maintain insurance, if available, as required or approved by the Contracting Officer.

(b) If the contractor has insured the same aircraft against loss or destruction in connection with other operations, the amount of such insurance coverage on the date of the loss or damage for which the Government may be responsible under this contract.

A contingent beneficiary is specified by an insurance contract holder or retirement account owner as receiving proceeds if the primary beneficiary is deceased, unable to be located or refuses the inheritance at the time the proceeds are to be paid.

If you have a cash value policy and can no longer afford to pay the contract's premiums but still need insurance, for example, your carrier may be able to continue insuring your life by using your policy's cash value to buy term life insurance.

If the policyholder dies early in the contract lifetime the insurance carrier must finance most of the death benefit.

If after you've read the contract and are unsatisfied with its content, you can return it to the insurance company for a full refund within this 10 day period.

Assets owned individually by a decedent at death that don't pass to another person by trust (i.e. revocable living trust), contract / beneficiary designation (i.e. life insurance, annuity or 401 (k)-RRB-, or operation of law (i.e. joint tenancy with right of survivorship) may be subject to probate if the applicable threshold is exceeded.

It can be used if you're not capable of making financial decisions or doing things like paying your bills, signing contracts, making insurance claims, and filing taxes.

The difference between the cash and the surrender value is that if you surrender your policy (for example, if you choose to cancel and cash out the life insurance policy), you will receive the cash value that has accumulated less any applicable surrender charges; these charges are pre-determined by the life insurance company, and are stipulated in your policy contract.

For example, the new servicer can't close the escrow account if your mortgage contract has an escrow account to pay insurance premiums and property taxes.

If your lease contains a provision requiring you to carry renters insurance, the law does expect you to uphold that lease contract in its entirety, which would include any insurance requirements.

Plan completion life insurance: Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the insurance: Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the Insurance with an optional feature stipulating that if the planholder dies before completing the contract, a life insurance policy will complete the insurance policy will complete the purchase.

Note that if you purchase a new life insurance policy or annuity contract subsequent to enrolling in Electronic Delivery, that policy will not automatically be enrolled for Electronic Delivery.

You'd have to qualify for the life insurance contract, but if you did, you'd find that your returns were competitive with other types of investments of the day.

In a nutshell, if your life insurance contract becomes a MEC, you'll lose all the life insurance policy tax benefits that are otherwise available prior to payment the death benefit.

Generally, if you receive the proceeds under a life insurance contract as a beneficiary due to the death of the insured person, the benefits are not includable in gross income and do not have to be reported; any interest you receive is taxable and you should report it just like any other interest received.

The value of a life insurance contract varies from person to person, even if major underwriting variables are the same.

If you're not familiar a term life insurance policy is a contract that pays a specific amount of money upon the policy - holder's death.

This is true as long as the policy qualifies as an insurance contract EVEN IF strategies are used to maximize the policy cash value through paid up policy additions.

If you used the proceeds of a home mortgage to purchase or «carry» securities that produce tax - exempt income (municipal bonds), or to purchase single - premium (lump - sum) life insurance or annuity contracts, you can not deduct the mortgage interest.

Additionally, for some loans, you may be in default if you failed to maintain car insurance or meet another requirement as stipulated in the contract you originally signed.

If you fund the contract with more premium than is necessary to keep the policy in force over any seven - year period, the life insurance policy fails the seven - pay test.

Not only does the single premium option eliminate one of the core benefits of a universal life insurance policy — flexible payments — but you need to confirm if this policy will be a modified endowment contract.

Certain cash value life insurance policies can become modified endowment contracts if they're paid - up over a shortened period, which can have negative tax implications.