Sentences with phrase «insured event occurs»

This is only before itsmaturity, or if the insured event occurs.

An insurance contract will promise to pay out the sum assured when the premium is paid by the policyholder and an insured event occurs during the contract's term.

The cash surrender value is the sum of money an insurance company pays to a policyholder or an annuity contract owner in the event that his or her policy is voluntarily terminated before its maturity or an insured event occurs.

An insurance contract will promise to pay out the sum assured when the premium is paid by the policyholder and an insured event occurs during... read more

A policy limit is the maximum amount that an insurance company will pay when an insured event occurs.

Life insurance (life assurance) is a certain contract between you (the insurance policy owner) and the insurer, according to which the policy owner is paid a reimbursement in case the insured event occurs (i.e. the policy owner's death).

Since insurance rates generally depend on the likelihood of the insured event occurring, life insurance for young adults who are healthy will usually be considered a lower risk, and rewarded with a similarly lower rate.

It enables any player of cryptoeconomy to invest by purchasing insurance bonds and receiving passive revenue in the form of coupon payments for obligations in exchange for taking risks in case insured events occur.

Not exact matches

But while the incomparable kite runner, Hassan, follows the last blue kite, slowly falling (a symbol of an era soon gone), that was downed by Amir to insure victory, and get the souvenir, a horrible event occurs, in a dirty alley, witnessed by timid Amir, it will ensure a lifetime of pain, remorse and unforeseen consequences.

If that insured event or events occur, the insurance company will pay to return you to the financial condition you were in before the loss.

Insurance is a bad analog because we only insure against events that are sure to occur but to whom is unknown.

The focus was on extreme weather events that occur on a seasonal timescale, and specifically on the United Kingdom floods of Autumn 2000 which occurred during the wettest autumn ever recorded, causing widespread damage and an estimated insured loss of # 1.3 billion.

GBG's affordable individual plans allow those insured to secure a proportion of their current salaries should an unfortunate event occur.

Insuring Your Tailgating Vehicle Traffic can be hectic and stressful once a game or event has let out, causing the potential for accidents to occur.

Physical Damage - Any damage that occurs to the insured vehicle during a covered event such as a collision, vandalism, theft or fire.

Whatever your situation, you want to insure that your family is protected against the often unknowable events that might occur to destroy your home and your property.

If that insured event or events occur, the insurance company will pay to return you to the financial condition you were in before the loss.

The employer pays the premiums and becomes the policy's beneficiary upon the insured's death — if such an event occurs.

The terrorist event or mandatory evacuation must occur within the city on the insured's itinerary (near doesn't count)

In the event an emergency situation occurs and you are in imminent danger while traveling in a foreign country, the travel insurance company will arrange for you and your insured dependents to be evacuated immediately to a place of safety.

In the event that an emergency situation occurs, and you are in imminent danger while traveling in a foreign country, the right coverage on your travel insurance policy will help you and any insured dependents be evacuated to a place of safety.

While Travel Insured International (TII) strives to review claims and return calls in a timely fashion, world events occurring at that time inundated the Claims Department and we were not able to provide the quality service we normally provide..

Home Care Home Care arranges emergency measures in the event of loss or damage occurring at the insured person's permanent residence in Switzerland as a result of burglary, fire, natural hazards, water damage or glass breakage.This benefit is included with the following products: Annual Travel Insurance for Individuals, Annual Travel Insurance for Families and Travel Cancellation Insurance.

The benefits listed above are provided if they are solely and directly related to an insured event if the loss occurs within 12 months from the date of the incident.

The insurance contract or agreement is a contract whereby the insurer promises to pay benefits to the insured or on their behalf to a third party if certain defined events occur.

It is a type of a non-compulsory policy provision that pays some extra amount over and above the set coverage amount of one's policy, if the event of an insured's death occurs due to any accident.

Usually the option to add death benefit coverage through the GI rider occurs at certain pre-determined ages (which may vary by company) throughout the insureds life, but may also occur during special life events such as marriage or the birth of a child.

NATURAL DISASTER: Subject to the Terms of this insurance and in the event of a Natural Disaster that occurred during the Period of Coverage, the Company will pay the Insured Person up to the amount shown in the SCHEDULE OF BENEFITS / LIMITS if the Insured Person is displaced from scheduled, paid accommodations due to an evacuation before a forecasted Natural Disaster or following a Natural Disaster.

However, in the event that a major accident or illness occurs at such time when the person is not insured, the situation can swiftly move towards bankruptcy.

Should an unexpected event occur and the beneficiary predecease the insured, it will also be important to have a secondary beneficiary named.

If the insured person dies before the conclusion of the policy period, the following events can occur under the LIC Bima Bachat Plan:

Travel Insured policies provide Trip Cancellation and Trip Interruption coverage for unforeseen events as defined in our policies to mean «not anticipated or expected and occurring after the effective date of coverage».

The value of this coverage can really be seen when you consider that anywhere you travel across the globe, your things will be insured against loss, and that your liability protection extends to events and circumstances that may occur outside your home.