Sentences with phrase «insured events»

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.

Very simply put, it would be the reconstruction cost of the house in the event of any loss and / or damage arising due to any of the insured events like Fire, Storm, Riots, Flood, etc..

However, in health insurance, there are multiple insured events (hospitalization, day care procedures, organ donor, maternity etc) and these events vary across policies.

This is because of higher risk you pose to insurers due to higher age your health will be declining and chances of occurrence of the insured events is much higher.

Insured Events are crisis events * and could include:

Life policies are legal contracts and the terms of the contract describe the limitations of the insured events.

When the buildings and / or contents have been destroyed or damaged by any of the insured events covered by your policy, we will pay the reasonable cost of: Demolition and Removing buildings and contents debris from your risk address.

«When the buildings and / or contents have been destroyed or damaged by any of the insured events covered by your policy, we will pay the reasonable cost of:

Insurance policies vary in wording from policy to policy as to the types of risks or insured events they will cover, and what events or losses are excluded.

Are there other insured events other than death?

Life insurance deals with such insured events as death and accidental death, excluding suicide, war and some other factors from the insurer's liability.

Insurance Broking, including brokers» duties to clients on preparation of proposals, notification of insured events and other communications with underwriters; Underwriting decisions; Reports for insured parties and underwriters in cases where underwriters are seeking to avoid a policy; Disputes between insurers and reinsurers; and Personal insurance cover, including life and health insurance, residential property, PPI and motor claims.

In general, these insured events are: • Accidental contamination; • Malicious product tampering; • Adverse publicity concerning contamination or tampering; or • Government recall.

There is considerable confusion among policyholders about the insured events that must 14 food and drink • july / august 2011 • www.fooddrink-magazine.com http://www.fooddrink-magazine.com Table of Contents for the Digital Edition of Food and Drink - July / August 2011 Food and Drink - July / August 2011 Contents News a la Carte Consumer Trends Social Media 101 Strengthening Brands Food Law Producers: Hidden Pandemic Independent Distillers S. Martinelli & Co..

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.

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).

It will not only educate you on where your money goes and what will happen in case of the insured event, but will also let you choose the company or agent whose claim process looks more straightaway and convenient to you.

If loss or damage has been caused by spilled fluid from some beverage or cosmetic product in the insured person's baggage, it is not considered an insured event either.

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.

Benefit is the amount of money an insurance company pays to you or your beneficiary when you file a claim in case of an insured event.

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.

In the insured event you will have ample cover to protect your business.

Often used in combination with Material Damage cover, business interruption insurance enables your business to remain in the same financial position in terms of trading as would have been the case before the insured event.

Replace business assets, buildings, plant and stock which has been destroyed, lost or damaged due to fire, flood, burglary, earthquake or other such insured event.

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

Many insurance policies cover bushfires as an insured event.

Given that I was insuring an event a year in the future a lot could have happened.

Sum assured is a pre-decided amount that the insurance company pays to the policyholder when the insured event takes place.

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

1) 125 % of the basic sum assured 2) 10 times the annualized premium 3) 105 % of the total premium paid till the insured event.

If your tenants are forced out of your property due to an insured event you can claim up to 20 % of your buildings sum insured.

Risk person Risk persons are those persons who, along with the insured person, can give rise to an insured event.

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.

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.

They must exercise due diligence to take reasonable and practical action to avoid any happening or circumstances covered by this policy and make all reasonable efforts to mitigate any loss as a result of an insured event.

The insured person will exercise due diligence to do all things reasonable and practical to avoid any happening or circumstances covered by this policy and to make all reasonable efforts to mitigate any loss arising as a result of an Insured Event

This coverage is extended to cover bodyguards and vehicle operators employed by you during an insured event.

* A crisis event is any unstable and dangerous situation resulting from an unforeseen insured event, which has directly caused or has the potential to cause serious bodily harm or death to an insured person, with little to no warning.

Crisis consultant services are provided for 30 days for each insured event.

The maximum period for the provision of the crisis response consultant services covered under this policy is 30 days for each Insured Event.

Upon discovery of a potential or actual event or incident which may give rise to an Insured Event or any claim for a payment, the insured person shall contact the 24 - hour Emergency Crisis Line as soon as practicable.

When your group discovers a potential or actual event or incident which may lead to an insured event or any claim for a payment, they must contact the 24 - hour emergency crisis line at Security Exchange as soon as practicable.

The lower the risk that a claim would arise from the insured event, the lower the premium will generally be.

Waived premiums will be discounted at 6.5 % p.a. and given to the nominee along with the base benefit under the policy (if the insured event i.e. demise happens).

Once claim under this rider is accepted and future premium (s) are waived; then in case of termination of base policy due to happening of any insured event or surrender (only if surrender value is available under the base policy), the following benefits are payable: -

This would, however, happen only during an occurrence of an insured event.

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.

Indemnity is the principal of returning the insured to the same position they were in prior to the occurrence of the insured event.

Without a comprehensive California renters insurance policy, you could be financially responsible for replacing your valuable belongings after a fire, explosion, storm, theft or other insured event.

For all other types, the insurance provides protection against against the insured event and compensate the policyholder in case of the occurrence of insured event during the policy coverage.