Sentences with phrase «insurance policy buyer»

The life insurance policy buyer obtains a valuable contract with a life insurance carrier that will pay out a death benefit sometime in the future.

Most insurance policy buyers look for safety from risk and capital appreciation without really understanding that the two may not always go together

Many health insurance policy buyers feel that a cashless cover is the answer to all their medical worries.

Many prospective car insurance policy buyers are understandably discouraged by the reality of the situation, which is simply that costs will on average continue to climb.

Not exact matches

Those federal rules, which double down on restrictions adopted in 2014 and stern warnings to lenders issued by OSFI earlier this summer, require banks to qualify borrowers at higher interest rates, impose additional limits on mortgages for buyers with small down payments, and compel financial institutions to share the risk by taking out insurance policies on low - ratio mortgages.

Insurance to support a buy - sell agreement: If you have partners or an outside potential buyer, the partners, the buyer, or the company itself should purchase such a policy.

However, the complexity of the policy — the contract wording, its interpretation and its practical applications — can also be a deterrent for smaller insurance buyers.

Interestingly, credit insurance buyers believe the current suite of products does not fully meet their protection needs and / or that policies are too rigidly applied.

Private Mortgage Insurance (PMI) is an insurance policy which makes homeownership possible for home buyers who don't want to make a twenty percent downInsurance (PMI) is an insurance policy which makes homeownership possible for home buyers who don't want to make a twenty percent downinsurance policy which makes homeownership possible for home buyers who don't want to make a twenty percent down payment.

Basically, someone with a terminal disease would sell his or her life insurance policy at a discount so they could have money to pay medical bills and what not and then when that individual died, the buyer would cash in the full amount of the policy.

Some buyers may need separate insurance policies that cover flooding or damage from wind and hail.

Many of the people we work with are first - time buyers of a renters insurance policy.

An Owner's Title Insurance policy is purchased at the time a property is purchased and protects you, the buyer.

Guaranteed issue life insurance policies have added costs and reduced benefits that make them suitable for only a limited pool of buyers.

Insurance that protects the lender (lender's policy) or the buyer (buyer's policy) against loss or defects that affect the ownership of the property.

Basically, someone with a terminal disease would sell his or her life insurance policy at a discount so they could have money to pay medical bills and what not and then when that individual died, the buyer would cash in the full amount of the policy.

A homeowner's insurance policy also differs from a mortgage insurance, which is typically taken on home buyers making a down payment of less than 20 % of the cost of the property.

Another delay was that the buyer had purchased home owners insurance on property required by his lender a year ago and they cancelled that policy considering they weren't living in the house and had to start a new policy.

A premium that gets more & more expensive each year the insured lives, or a premium that the insurance co can jack up at will, surely isn't attractive to policy buyers either.

Title Insurance: Insurance to protect the lender (lender's policy) or the buyer (owner's policy) against loss arising from disputes over ownership of a property.

Some VA buyers will be required to obtain a separate flood insurance policy before they can close on their loan.

With a home warranty insurance policy, you will prevent any relevant post-sale disputes with the buyer.

Unfortunately, most Wheaton - Glenmont insurance buyers treat policy buying like a trip to the shopping complex on Georgia Avenue — that is, they expect to «get it over with» once and not have to think about it again.

The policy transfers risks related to title of the property from the home buyer to title insurance provider.

In addition to whole life, there are two other permanent policies that provide insurance buyers with varying degrees of flexibility and investment options.

Private Mortgage Insurance (PMI) is an insurance policy which makes homeownership possible for home buyers who don't want to make a twenty percent downInsurance (PMI) is an insurance policy which makes homeownership possible for home buyers who don't want to make a twenty percent downinsurance policy which makes homeownership possible for home buyers who don't want to make a twenty percent down payment.

As you purchase the life insurance policy directly from the insurer without any mediator, the insurance company saves money and passes on the benefits to the buyers.

Of these two policies, lender's title insurance is required by virtually all mortgage lenders, but buyer's title insurance is optional.

With the significant growth of digital sectors and online aggregators has helped buyers to opt for the online life insurance policy and has exposed them to the world of benefits that sees new buyers being added every day.

For LIC of India policies, it is important for the insurance buyer to pay the premium of the policy in advance.

Situations where this might apply: You decide not to go on your trip but don't file a claim for trip cancellation, or you get buyer's remorse and decide that a $ 99 airfare and a $ 10 Airbnb just doesn't warrant a $ 75 insurance policy (though it definitely warrants AirCare ®).

The overarching principle that an insurance should not be mis - sold and should meet the buyer's demands and needs gives rise to the question «what was the policy intended to do — which would meet the policyholders demands and needs»?

Advising a buyer on a complex # 50 million W&I insurance policy in respect of the acquisition of a solar power portfolio.

When the transaction is complete, the buyer — or life settlement provider — becomes the new owner of the life insurance policy, pays future premiums and collects the death benefit when the insured dies.

This is a life insurance policy that works for every age, but is often purchased by younger policy buyers.

Many insurers place restrictions on a final expense life insurance policy which require the insured to be at least 50 years of age and many policies are not available for buyers over 85 years or age.

Before committing to a given policy, insurance buyers need to familiarize themselves with how an insurer calculates dividends, whether the dividends are guaranteed, and how they can put the income to work.

Whether you're a publisher or an advertiser, the Auto Insurance Network is the place where buyers are connected with the right insurancInsurance Network is the place where buyers are connected with the right insuranceinsurance policy.

So it's fairly reasonable that insurance buyers tend to focus on this expense when reviewing their auto policy.

Even veteran homeowners insurance buyers can stumble when it comes to citing exactly what's typically included in a standard policy.

Buyers need to bear in mind that an insurance policy is supposed to protect one against a financial loss in the event of a casualty or untoward event.

For example, In India, broker procured group term insurance, unlike Canada, does not intrinsically have any price advantage to the buyer i.e. the Master Policy Holder.

Because permanent life insurance is more complicated, buyers work with a financial professional to choose and maintain a policy.

You will likely be required to provide insurance policy documents and your medical records to the potential buyer (settlement provider).

Many of the people we work with are first - time buyers of a renters insurance policy.

In order to sell a life insurance policy, you must find a buyer.

For this reason, we encourage pet insurance buyers to consider only policies that cover congenital and hereditary conditions.

The buyer (the viatical settlement provider) becomes the new owner of the life insurance policy, pays future premiums, and collects the death benefit when the insured dies.

Thus, before buying a policy insurance buyers need to do their own evaluation of an insurer's financial strength.

As you purchase life insurance policies directly from the insurer without any intermediary, the insurer saves money and passes on the benefit to the buyer.