Sentences with phrase «insurance settlement company»

You may not find a life insurance settlement company that will take your policy.
Sometimes called a «life settlement», a «senior settlement» or a «lifetime settlement», the life insurance settlement typically offers the original policyholder more money than the cash surrender value of the policy, and offers the life insurance settlement company an opportunity for substantial profits.
This means that the life insurance settlement company will also make the policy's premiums in order to keep the plan in force.
The only downside is you won't always find a buyer and the process of being evaluated by a life insurance settlement company can take several weeks.
Once the policy is sold, the life insurance settlement company takes over premium payments and becomes the policy beneficiary.
The only downside is you won't always find a buyer and the process of being evaluated by a life insurance settlement company can take several weeks.
The only downside is you won't always find a buyer and the process of being evaluated by a life insurance settlement company can take several weeks.

Not exact matches

After acquiring the rights to a future income stream (such as a retiree's pension payments), these pension purchasing or structured settlement companies, sometimes called «factoring companies,» may turn around and sell these income streams to retail investors, often through a financial advisor, broker or insurance agent.
In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.
To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Daily Harvest, and our respective past, present and future employees, officers, directors, contractors, consultants, equityholders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the «Daily Harvest Parties»), from and against all actual or alleged Daily Harvest Party or third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys» fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, «Claims»), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to (a) your use or misuse of the Sites, Content or Products, (b) any User Content you create, post, share or store on or through the Sites or our pages or feeds on third party social media platforms, (c) any Feedback you provide, (d) your violation of these Terms, (e) your violation of the rights of another, and (f) any third party's use or misuse of the Sites or Products provided to you.
Several legal experts said that it was particularly unusual for a plaintiff using a lawyer being paid on a contingency basis not only to turn down settlement offers (several sizable settlements were proffered by Gawker) but also to pursue a strategy that prevented an insurance company from being able to contribute to a settlement.
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.
The Nelson settlement will be paid by the insurance company that covered the park district at the time of the injury, Mathews said.
The state's highest court could end a long dispute between the Town of Amherst and an insurance company over who gets $ 3.13 million in interest from a settlement paid out after a 2002 accident in Amherst State Park.
Additional revenue from settlements continue from Citigroup and AXA Equitable Life Insurance Company.
The funds come from legal settlements with banks and insurance companies for contributing to the housing crises and in some cases, breaking state laws.
Easton says a recently announced state surplus of over $ 4 billion, from settlements with banks and insurance companies, should be used to fill the gap that his group says has grown to nearly $ 6 billion.
The state has recently been the beneficiary of a windfall from major lawsuit settlements with several banks and insurance companies.
Last year, the state appropriated $ 1.5 billion it received in legal settlements from banks and insurance companies to pay for this.
About $ 700 million of this is paid for from settlements of lawsuits against banks and insurance companies.
A New York State judge has thrown out the convictions of two former executives at the Marsh & McLennan Companies for their roles in an insurance bid - rigging scheme that led to an $ 850 million settlement with the state.
But there's $ 100 billion in multi-year capital projects proposed across the state, with much of it paid for with $ 7 billion the state collected in legal settlements with banks and insurance companies.
After the announcement of the proposed settlement, Michael Brady, Brazilian Blowout's chief executive officer, was quoted in The New York Times as saying it would be paid by his insurance company and would end an unpleasant episode for his company.
When you call back the insurance company, you pull out the Monroney label you saved and rattle off all the items that were optional on your car that add to the value of the settlement.
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A damage award can be agreed upon after a negotiated settlement — among the parties, their insurance companies, and their attorneys, for example — or may be ordered by a judge or jury following a court trial.
Draft and send a settlement package to the insurance adjuster representing the tortfeasor's insurance company.
In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.
There's usually a story behind the vehicles, but it often involves vehicles that had owners that rarely drove them, then had an accident, and the insurance company bought the vehicle as part of a settlement, an a used car dealer rebuilds the car, buys it cheaply, and sells it for what is for him a large markup, but cheap compared to the mileage and condition of equivalent cars of later vintages.
Guarantee of Title Company, Settlement Agent, Lender Title Insurance charges requires the use of our recommended providers.
If, even after being defended by the insurance company, you're found to be liable for the injuries that person suffered, the insurance company pays that settlement or judgement.
On the other hand, if your company decides to sell the key person life insurance policy, you may have to pay taxes, depending on the size of the settlement, cash value of the policy, and the amount that's been paid in premiums.
While there are settlement costs that go to your attorney, title insurance company, and lender, the biggest beneficiary is the government — city, county, and state.
To calculate a total insurance loss and receive a fair settlement from the insurance company, you need to research the actual cash value of the vehicle and provide documentation supporting your research.
Commuted Settlement Should immediate liquidity of remaining cash value be desired by the owner or a lump sum death benefit be desired by the beneficiary (ies), Bankers Life Insurance Company is willing to process a commuted Settlement Should immediate liquidity of remaining cash value be desired by the owner or a lump sum death benefit be desired by the beneficiary (ies), Bankers Life Insurance Company is willing to process a commuted settlementsettlement
Insurance companies usually pay out a claim or settlement directly to the damaged party.
Both versions of the story will have to be told, and often the insurance company will bring in counsel to handle negotiating a settlement.
Still, you should pick a debt settlement company like you would shop around for car insurance or any other service.
Claim settlement is one of the most important services that an insurance company can provide to its customers.
For instance, if a life insurance company receives 1000 death claims and settles 950, the claim settlement ratio of that company would be 95 %.
Max life insurance company has the second best claim settlement record (which is 96.95 %).
Read: Best Insurance company as per latest claim settlement ratio.
2) if i give correct information while buying term insurance, y i should worry for good claim settlement ratio companies?
Other sources can come from financial awards or settlements from insurance companies.
If you are found liable, the insurance company will then try to reach a settlement with the person who filed the claim.
That has long - term implications, and your insurance company only has a duty to defend you until the policy limits have been paid in a settlement of some sort.
Make sure that your full and final settlement offer deals with the whole shortfall, and you do not still owe money to an insurance company for money paid out under a mortgage indemnity insurance policy.
Not surprisingly, credit card add - ons rarely make sense, but hell, if you're considering credit card insurance (fearing job loss or what have you) in the first place you might want to check into debt settlement with your credit card company.
Individuals do not negotiate with the owner of the structured settlement (usually an insurance company) but do so with a third party willing to buy all or part of the remaining settlement, known as the funder.
An insurance company agrees to pay the injured individual a predetermined amount of cash for a fixed length of time or for the duration of the life of the claimant, depending on the terms of the settlement agreement.
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