Sentences with phrase «insurance contracts because»

There are many types of insurance contracts because there are many types of insurance.

Generally, if you receive the proceeds under a life insurance contract because of the death of the insured person the benefits are not taxable income and do not have to be reported.

Generally, if you receive the proceeds under a life insurance contract because of the death of the insured person, the benefits are not included in gross income and do not have to be reported:.

Not exact matches

Others are shifting from employees to contract labor because businesses are not responsible for providing health insurance to contractors, only to employees.

Broker - dealers that have «proprietary products, affiliated mutual funds and insurance products,» Reish says, «almost have to go under the best interest contract exemption because they can't really do level fee;... the fees have to be level, not only for the individual advisor but for the BD and all related parties — including the insurance company and mutual fund manager.»

Because variable annuities are insurance contracts that carry extra costs in return for guaranteed income, they're usually considered the last part of a retirement savings plan.

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.

Portfolio insurance products were algorithm - based products created to protect investors from falling markets by selling «ever - increasing numbers of futures contracts,» the New York Times explained in 2012, because «the short position in futures contracts would then offset the losses caused by falls in the stocks they owned.»

Sometimes I want to throw up when I hear John 3:16 because of its haunting memories of being used as a sledgehammer, fire insurance contract, etc..

Commercial insurance contracts are forbidden because they are based on «ambiguity» and «gambling,» betting on mortality tables, it would appear.

Didn't a nurse contract Ebola just the other day because of broken protocols???? And of course, intervention is sometimes necessary with prolonged ROM, but it is not a given and the 24 hour number was set by insurance companies.

While the contract grants him health insurance, Jann does not take it because, at 71, he is on Medicare.

As mentioned above, some districts have not yet been able to use their new powers because of unexpired collective bargaining contracts or insurance policies, so there are more savings to be had.

Because of the accounting rules, insurance contracts could be valued at book, not market, and so Guaranteed Investment Contracts [GICs] were sold to 401 (k) and other contracts could be valued at book, not market, and so Guaranteed Investment Contracts [GICs] were sold to 401 (k) and other Contracts [GICs] were sold to 401 (k) and other DC plans.

And because it is a «fixed» contract with the return on crediting based upon an index, insurance agents call sell them without a securities license.

Because regulations do not require installment lenders to include credit insurance premiums in stated APRs, the APR disclosed on her contract was 90 % — still an eye opener.

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.

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.

You take this roundabout route because insurance contracts such as seg funds are able to offer you benefits that pure mutual funds can't.

Because life insurance products and companies differ, not all riders and endorsements presented here are offered under every life insurance policy contract or offered by every insurer.

Consumer credit insurance covers you if you can't meet the repayments on your credit contract or loan because you are out of work, sick or injured.

The uptake of pure term insurance is increasing because people have started to appreciate its value as an instrument for financial security and protection and not seek returns commensurate to those on savings or investment contracts.

Many employer retirement plans offer annuity contracts as investment alternatives for participants because of their insurance guarantees and flexible terms.

They stopped just short of accusing me of getting insurance because of this issue when I have been a long time pet insurance holder with them through my original VPI contract.

Insurance is «accepted» everywhere because the contract is strictly between the pet owner and the insuranceInsurance is «accepted» everywhere because the contract is strictly between the pet owner and the insuranceinsurance company.

Because you are contracted with your insurance company, they have contractual obligations to you which they must satisfy or you can sue them for breach of contract and bad faith.

Because the doctors or hospitals have contracted rates with the health insurance companies.

Moreover, because of the «special relationship» inherent in the unique nature of an insurance contract, the insurer's obligations attendant to its duty of good faith are heightened.

Following denial of future insurance proceeds to the plaintiffs because of the concealment and fraud provision of the subject policy, the insureds brought a cause of action for breach of contract, negligence, negligent infliction of emotional distress, unfair trade practices, and bad faith.

The overwhelming majority of jurisdictions follow exactly the same rule Vermont does: the duty of good faith and fair dealing «arises solely because of the presence of the insurance contract.»

22 The right under sections 1 and 3 to equal treatment with respect to services and to contract on equal terms, without discrimination because of age, sex, marital status, family status or disability, is not infringed where a contract of automobile, life, accident or sickness or disability insurance or a contract of group insurance between an insurer and an association or person other than an employer, or a life annuity, differentiates or makes a distinction, exclusion or preference on reasonable and bona fide grounds because of age, sex, marital status, family status or disability.

You still have to be honest with them because ICBC has been known to do further investigations and if you are caught given them a false statement that is a reason for a breach of the contract of insurance in itself.

(2) The right under section 5 to equal treatment with respect to employment without discrimination because of sex, marital status or family status is not infringed by an employee superannuation or pension plan or fund or a contract of group insurance between an insurer and an employer that complies with the Employment Standards Act, 2000 and the regulations thereunder.

However, because insurance coverage is a matter of contract, you should read your policy and consult with your broker.

Individuals enrolled in a group health plan that provides benefits only through an insurance contract with a health insurance issuer or HMO would have access to all rights provided by this regulation through the health insurance issuer or HMO, because they are covered entities in their own right.

In addition, group health plans that provide health benefits only through an insurance contract and do not create, maintain, or receive protected health information (except for summary information described below or information that merely states whether an individual is enrolled in or has been disenrolled from the plan) do not have to meet the notice requirements of § 164.520 or the administrative requirements of § 164.530, except for the documentation requirement in § 164.530 (j), because these requirements are satisfied by the issuer or HMO that is providing benefits under the group health plan.

It's called third party because that driver is not one of the two parties in the contract between you (Party # 1) and your insurance company (Party # 2).

Crucially, a plan does not cease to be a substitute for a contract of insurance simply because it provides protections above and beyond those that specific plan members could have obtained in the marketplace.

Why would any insurance company voluntarily engage in a contract where they have to pay a death claim no matter what (because the policy is permanent) and they will never receive premiums that eventually match what they will pay out?

They do this because of the growth potential and tax advantages of life insurance contracts.

Term life insurance is also known as temporary life insurance because it is a contract purchased for a specific premium to provide coverage for a specific number of years.

Costs are lower when you go to an in - network doctor because insurance companies contract lower rates with in - network providers.

Because this is a whole life insurance policy, the amount of the premium that is due is also locked in, not to increase — even as the insured gets older, and / or whether or not they contract an adverse health condition.

The credibility of the lead reinsurer is very important because it furnishes the involvement of another 10 - 15 underwriters,» said a senior executive of an insurance company which had bid for the contract.

And travelers who buy travel insurance should know that «canceling a trip because you're afraid of contracting Zika is not something that a standard travel insurance policy would cover,» said Daniel Durazo, the spokesman for Allianz Global Assistance USA.

Others involved in the deal say the battle has become bitter because the contract could end the near - monopoly of state insurance companies on AI's business.

I purchased flight insurance with Access when booking a flight home on Hotwire but ended up having to drive home because my contract was terminated due to lack of work.

Waiver of premium: Some insurance contracts have a provision in place which allows the insurance company to waiver the collection of premiums while keeping the policy in force if the policyholder becomes unable to work because of an accident or injury.

For this reason though the policy holder may need to pay a higher premium for inflation protection in their insurance contract, they may consider it wise to do so because in the event of a claim they will want to ensure their standard of care is not compromised in the long - term.

After the insurance underwriter has reviewed and approved your application, you have to sign the policy (because it's a contract) and pay the first premium.