Sentences with phrase «insurance contract which»

Contestable clause: That section of an insurance contract which states conditions under which the policy may be contested or voided.

Survivorship life insurance: A life insurance contract which covers two lives and provides for the payment of the proceeds upon the death of the second insured.

Second - to - die life insurance: A life insurance contract which covers two lives and provides for the payment of the proceeds upon the death of the second insured.

Essentially a life insurance contract which becomes a MEC is treated like a non qualified annuity by the IRS for taxation purposes prior to the insured persons passing.

An insurance endorsement is an amendment or addition to an existing insurance contract which changes the terms or scope of the original policy.

While you may not have noticed, it is likely that your health insurance company included subrogation (i.e., reimbursement) language in your health insurance contract which gives them the right to be reimbursed if you are injured by a third party (i.e., the person who caused the accident).

A longevity insurance contract which would pay $ 21K / yr.

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.

Pindan has won a contract to build the bulky goods development at The Shops at Ellenbrook, which forms part of the Insurance Commission of Western Australia's $ 800 million property portfolio that has been put to market.

Those problems along with long - term care contracts, which resulted in a $ 6 billion charge on its insurance businesses last year, drew criticism from billionaire U.S. investor Warren Buffett in an interview on CNBC on Monday.

PTE 84 - 24 [29] is a previously granted exemption for transactions involving insurance and annuity contracts, which was amended in April 2016 to include the Impartial Conduct Standards as conditions and to revoke relief for annuity contracts other than «fixed rate annuity contracts.»

The contract must clearly disclose any conflicts of interest that do exist, and must give the client instructions as to how he or she can obtain online access to compensation arrangements entered into by the insurance carrier (the final rule, however, provides for a streamlined disclosure pursuant to which individualized information about specific advisors need not be listed).

A contract issued by an insurance company, which agrees to make payments to you based on the contract's value.

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.

Like Life Insurance policy, a health insurance policy is a legal contract between insurer and insured; in which insured pays premiums and in returns, insurer agrees to pay for medical expenses for a specified limit or sumInsurance policy, a health insurance policy is a legal contract between insurer and insured; in which insured pays premiums and in returns, insurer agrees to pay for medical expenses for a specified limit or suminsurance policy is a legal contract between insurer and insured; in which insured pays premiums and in returns, insurer agrees to pay for medical expenses for a specified limit or sum insured.

Fixed annuities are contracts in which the insurance company makes fixed dollar payments to the annuitant for the term specified in the contract, usually through the lifetime of the annuitant.

For more information on our insurance funds, contact your financial advisor or see the Contract prospectus, which includes the applicable FTVIPT fund.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

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.

The district, which contracted for the improvement, will provide insurance coverage for the work.

We are not contracted with any insurance companies, which allows us to provide the kind of personalized service and dedicated time that our patients value.

That offer is in addition to retirement benefits Riverhead teachers are already guaranteed through their union contract, which offers them either $ 40,000 or subsidized health insurance coverage.

The study was the result of a joint initiative between MedUni Vienna and Ludwig Boltzmann Institute Health Promotion Research (which has meanwhile ceased its activity) and was funded from «Common Health Goals» within the framework pharmaceutical contract, a cooperative agreement between the Austrian pharmaceutical industry and the social insurance system.

August 29, 2006 University of Chicago Hospitals and Health System and Humana announce agreement University of Chicago Hospitals and Health System and Humana Inc. announced today the signing of a contract under which University of Chicago will provide healthcare services to individuals and families participating in Humana commercial health insurance plans.

Kentucky decided to implement the self - insurance plan, which increases teachers and state workers» out - of - pocket costs, after Blue Cross and Blue Shield of Kentucky decided not to renew its contract with the state.

Seek an early actuarial valuation and agree a repayment term Step 3 — Setting up an Academy Trust and Funding Agreement • This is the stage at which all legal documents need to be agreed with the DfE • The Academy Trust has to be registered with Companies House • Transfer or leasing arrangements for school land needs to be finalised • Completion of TUPE process • Governors complete and close consultation process • Funding Agreement signed by Academy Trust and Secretary of State • Academy opening date set Step 4 — Pre-opening • All CRB checks completed prior to transfer to academy status • Financial systems and contracts with staff and suppliers confirmed • Academy registrations with exam bodies confirmed • Insurances put in place

Nothing in this title shall add to or detract from any existing authority with respect to any program or activity under which Federal financial assistance is extended by way of a contract of insurance or guaranty.

Each Federal department and agency which is empowered to extend Federal financial assistance to any program or activity, by way of grant, loan, or contract other than a contract of insurance or guaranty, is authorized and directed to effectuate the provisions of section 601 with respect to such program or activity by issuing rules, regulations, or orders of general applicability which shall be consistent with achievement of the objectives of the statute authorizing the financial assistance in connection with which the action is taken.

(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.

(1) Unless otherwise directed or approved in writing by the Contracting Officer, the Contractor shall not carry insurance against any form of loss or damage to the vessel (s) or to the materials or equipment to which the Government has title or which have been furnished by the Government for installation by the Contractor.

Care by Volvo takes care of insurance, maintenance, and «ownership» of the XC40 on a lease type basis, effectively creating a cell - phone contract - like subscription in which the driver only needs to pay for refuelling, with all other costs covered within the monthly subscription fee.

Fixed Annuity — An insurance contract in which the insurance company makes fixed dollar payments to the annuitant for the term of the contract, usually until the annuitant dies.

Annuity — A contract in which an insurance company makes a series of income payments at regular intervals in return for a premium or premiums you have paid.

Variable Annuity — An insurance company contract into which the buyer makes a lump - sum payment or series of payments.

(a) In General — During the 12 - month period beginning on the date of enactment of this Act, the Secretary of Housing and Urban Development shall not enact, execute, or take any action to make effective the planned implementation of risk - based premiums, which are designed for mortgage lenders to offer borrowers an FHA - insured product that provides a range of mortgage insurance premium pricing, based on the risk that the insurance contract represents, as such planned implementation was set forth in the Notice published in the Federal Register on May 13, 2008 (Vol.

Some term insurance contracts have a convertibility provision which allows «conversion» to a permanent policy without submitting additional medical evidence of insurability.

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.

Annuities are a contract between an individual (or business) AND an insurance company that is entered into for various purposes which include providin...

The AXA Retirement 360SM defined contribution program consists of a custodial account offered through Reliance Trust Company, LLC, within which plan participants» chosen mutual fund shares are held, as well as a group fixed annuity contract (Generic Form Number 2016FA - MFrev, 2016FA - MF403b) issued by AXA Equitable Life Insurance Company («AXA Equitable»).

An annuity is financial contract in which an investor pays a lump sum of money to an insurance company in return for a series of future payments.

An immediate annuity is a contract between you and an annuity issuer (an insurance company) to which you pay a single lump sum of cash in exchange for the issuer's promise to make payments to you (or the annuitant) for a fixed period of time or for the life of the annuitant.

They've put their trust and money in the insurance companies with which they signed the contract.

Annuities are a contract between an individual (or business) AND an insurance company that is entered into for various purposes which include providing a guaranteed stream of income.

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.

So, if a policy qualifies as an insurance contract, the pre-ordained tax advantages sanctioned by the I.R.S. code apply which include the following common benefits:

Which, when you study flood insurance contracts you learn does not just cover flooding but also cases of extreme rain where, the house you built on the hill or mountain goes sliding down the hill in a massive mudslide.

So, if your company is the beneficiary, which is kind of the point of key person insurance, then the premiums are not deductible (similar to a personal life insurance contract) because the death benefit is not subject to taxation.

Visit our variable annuity compliance documents page to access prospectuses, which contain information about contract charges and fees for the variable annuity products offered by Annuity Investors Life Insurance Company.

Either it's money that essentially covers the cost of selling and issuing the policy initially, and per the insurance contract belongs to the insurance company because they've already done that work, or it's money that is associated with very specific kinds of fees which are fully earned as soon as the policy is issued.