Sentences with phrase «insured by the insurer»

(ii)... he... is currently insured by insurers authorised to conduct such business... (b) Before supplying legal services to any person... he informs them fully and comprehensively in writing (a) of his status...»

A reading of the applicable «owned but not insured» exclusion in the NLC policy as proffered by defendants frustrates this legitimate purpose by increasing the risk insured by an insurer without allowing for a corresponding increase in the premium charged.

This is the payment of the sum assured to the Insured by the Insurer through installments.

Claim Bonus No claim bonus is a reward given to the insured by the insurer in form of premium discount upto a pre-fixed percentage for making no claims in the previous year policy tenure.

Not exact matches

Its primary business is specialty insurance, such as insuring automobiles for drivers that do not meet the criteria for coverage by standard automobile insurers.

The point of the last piece, the subsidies, is to keep enough people in the pool of insured to avoid triggering a so - called death spiral of declining enrollment, a growing proportion of less healthy people and premium increases by insurers.

Democrats as well as hospitals and insurers have urged Republicans to consider how their plan would affect access to healthcare for the 20 million people insured by Obamacare.

«The sharing of data by big US insurers is part of their attempts to better manage utilisation, health behaviour and outcomes of the insured,» he said.

They are not issued generally by professional insurers but by other types of finanancial institutions that were very lax in acutairial supervision and don't have the funding set aside to pay out the swaps as insurers generally do for their insured items.

In November 2006, Canada Mortgage and Housing Corporation responded to the competition from private insurers by starting to insure no - down - payment, interest only, and 40 - year amortization mortgages.

The rules directly affect companies who have cross-border transactions with related firms for reinsurance, a term for the method by which insurance risk is spread around by insuring the insurers.

This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.

While the future may not be guaranteed, the current state of lactation services in Massachusetts is much improved for families insured by our largest private insurer as BCBS joins other health plans such as Tufts, Harvard Pilgrim Healthcare, Aetna, Neighborhood Health Plan, and Mass Health, among others, that have been providing lactation benefits that predate the ACA.

«Homeowners are suffering terribly from this storm and we will continue to ensure that insurers do not abuse those they insure by not paying flood insurance or by forcing homeowners to pay big hurricane deductibles that just don't apply.

A Warmer Earth, and Fewer Insured Private insurers also point fingers at a changing climate, citing a report issued by the Intergovernmental Panel on Climate Change (IPCC) earlier this year that concluded global warming is to blame for a doubling over the past five years of natural disasters — and that the situation will worsen if nothing is done to stop it.

Persons insured by surplus lines companies are not eligible for recourse through any state guarantee fund for the obligations of an insolvent insurer.

Establishing the correct sum insured is the foundation of good insurance and will mean that there will be no shortfall in the claims settlement by insurers.

Mortgage insurers have new higher capital standards under the Private Mortgage Insurer Eligibility Requirements, or PMIERs, which are the set of requirements for mortgage insurers to be approved to insure loans acquired by Fannie Mae and Freddie Mac (the GSEs).

Consider different ways to hedge the risk you'll need Long Term Care — many people can self insure or buy an annuity or hybrid annuity / LTC product vs. pure long term care insurance which is being offered by fewer insurers each year.

Recently finalized Private Mortgage Insurer Eligibility Requirements («PMIERs») are the set of requirements for Mortgage Insurers (MIs) to be approved to insure loans acquired by Fannie Mae and Freddie Mac (the GSEs).

Mortgage insurers are required by law to build contingency reserves, meaning that in addition to the capital our companies are required to hold against the risk we insure, a portion of every premium dollar received is reserved specifically for emergencies on a countercyclical basis.

The complaint alleges, among other things, that the insurers, which also issued separate policies to Lazare Kaplan under English law, created a virtual coverage «whipsaw» by denying coverage under the English policies on the ground that Lazare Kaplan does not have an insurable interest in the largest portion of the property at issue while at the very same time asserting under the New York policies that there is no coverage because Lazare Kaplan insured the same property under the English policies.

New York, NY — May 20, 2010 — Lazare Kaplan International Inc. (AMEX: LKI)(«Lazare Kaplan») announced today that in a federal lawsuit filed on Monday, May 17, 2010, it sued various Lloyds of London syndicates and European insurers for $ 640 million in damages arising out of the disappearance of diamonds that were insured by the defendants, including consequential damages.

In case if the insured fails to pay the premium on time then they can pay the due premium under the grace period of 30 days offered by the insurer.

-- Mortality Charge is the amount charged every year by the insurer to provide the life cover to the policyholder on the life of the Insured.

Recently finalized Private Mortgage Insurer Eligibility Requirements (PMIERs) are the set of requirements for mortgage insurers to be approved to insure loans acquired by Fannie Mae and Freddie Mac (the GSEs).

A type of car insurance under which the insurer will help pay to cover damages incurred by an insured as a result of an accident, regardless of fault.

The coverage limits for an additional insured rider vary by insurer, but will typically have a minimum and maximum dollar amount (such as $ 50,000 to $ 500,000 of coverage).

High - ratio mortgages must be insured by a mortgage insurer such as the Canada Mortgage and Housing Corporation (CMHC), Genworth Financial Canada or Canada Guaranty.

Application: Forms required by the insurance company which the proposed insured completes when requesting coverage from an insurer.

Make your home more appealing to insurers by quitting smoking, insuring your car and auto on the same policy, and installing home security system and sprinkler alarm.

There may be some additional conditions or restrictions such as length of amortization and down payment and in some cases the lender will require the mortgage be insured by Canada Mortgage and Housing or another insurer.

With an insured mortgage the lender transfers their risk of lending to the insurer in the event of default by the borrower.

This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.

A pool of mortgages with less than 80 % loan to value ratio can be insured by a mortgage default insurer is known as a portfolio insurance.

The graph below shows the average annual costs to insure our sample residence by insurer alongside the state average:

Best of all, working with a mortgage insurer can be very easy, whether your loan is insured by the FHA or a private mortgage insurance company, because your mortgage professional handles all of the arrangements.

This also helps insurers during underwriting process and in determining the amount of premium to be paid by the insured.

They're loans from a lender, insured by the FHA, and the FHA is the biggest insurer of mortgages in the world.

When you're ready to insure your vehicle, you might select each coverage type individually or select a package of protection offered by your insurer that fully covers your vehicle:

The graph below shows the annual average cost to insure our sample home by insurer alongside the state average:

Mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer and are not guaranteed or insured.

Some municipal bonds are insured by outside agencies, usually a monoline insurer, which promises to pay the interest and principal if the bond's issuer defaults.

USAA was developed in 1922 as the result of an agreement made by twenty - five Army officers to insure each others» cars since they were unable to find insurers willing to guarantee them.

Other ways to get more palatable Wheaton - Glenmont insurance quotes include getting a multicar discount by insuring multiple cars through one insurer, taking a defensive drivers course, installing daytime running lights and antilock brakes, and paying off more of your vehicle.

All lenders prefer insured mortgages as they are backed by the insurers.

Moreover, all the outstanding premiums after the death date of the Life Insured are funded by the Insurer.

Premiums are the fixed periodic payment made to the insurance company in return of the lump sum payment offered by the insurer to the beneficiary at the time of demise of the insured person.

Until recently, the Texas Risk Pool insured people without group coverage were declined by private insurers.

Historically the term moral hazard has been used most widely in the insurance industry, originally where insurers were concerned that people of weak moral character would take advantage of insurance by being careless of insured risks, or even to defraud insurers through deliberate acts such as arson.