Sentences with phrase «insured of additional coverages»

He may also even be expected to advise the insured of additional coverages that the insured should purchase.

Not exact matches

Additional Insured Rider Provides death benefit coverage on the lives of up to three family members without having to purchase separate policies.

If approved, the health taxes in the Deficit Reduction Plan and Executive Budget will drive up the cost of health insurance for all Business Council member employers that purchase health coverage — from sole proprietors and small businesses to the largest self - insured companies — yet will provide no additional covered benefits or have any effect on addressing the rising cost of health care.

The guarantee purchase rider allows the insured to purchase additional coverage without evidence of good health.

Additional Insured Provides death benefit coverage on the lives of up to three family members.

The coverage provided by the rider can be converted to a permanent policy as long as a plan of insurance is available at the additional insured's current age.

Additional Insured Rider Provides death benefit coverage on the lives of up to three family members without having to purchase separate policies.

Guaranteed Purchase Option Rider: allows the insured to purchase additional life insurance coverage with no evidence of insurability at specific ages or for specific events, such as marriage, buying a home and the birth of a child.

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).

However, if you only need financial coverage for a particular period of time, you would probably be better served buying a term life insurance policy with an additional insured rider.

In some cases, the maximum death benefit for an additional insured can be as high as those of the primary insured, meaning your spouse would have the same amount of coverage as you.

Umbrella insurance is an additional layer of liability coverage from your insurance company that can insure you beyond your homeowners and auto policy limits.

Additional insured riders also tend to come with limits on the period of coverage.

An additional benefit of requiring the coverage is that you dispel this misconception and they know that insuring their property is their responsibility.

Accident Insurance Coverage — Accident insurance coverage can provide additional benefit payout to an insured and their survivors if the individual dies of an accident.

All forms of home insurance also provide additional living expenses (ALE) coverage for the extra costs of living away from home if it is uninhabitable due to damage from an insured disaster.

Additional insured status could, in some cases, even make coverage under the liability section of the policy completely unavailable to your landlord.

If a civil authority prohibits your use of the residence because of direct damage to a neighboring premise by a peril insured against, coverage is available for additional living expenses.

Additionally, if you want to ensure that your home - based business insurance is insured you'll need to purchase additional coverage as this is also not automatically included as part of a typical home insurance policy.

They should be able to provide your organization with evidence of insurance coverage which is required to include additional insured language.

In many cases, your ATV insurance rates are calculated similarly to your auto coverage, considering your driving record, the specifications of the ATV, and the additional insured you choose to name on the policy.

«The insurance industry has expressed concern that insured persons who learn, after taking a genetic test, that they are at high risk for a genetic disease could knowingly take out policies for large amounts of additional coverage without insurers being aware of any increased risk,» says the report.

The Ontario Superior Court of Justice recently held that an additional insured was covered by a policy, where there was no direct claim against the named insured, even though the coverage was limited to claims arising from the negligence of the named insured.

Kelly has litigated disputes involving property coverage, life insurance coverage, and additional - insureds, as well as other areas of coverage.

The complex contractual relationships of the parties often calls for analysis of insurance coverage, additional insured requirements and endorsements as well as construction contract language.

Michael Melendez discusses the first published opinion of a California appellate court that directly addresses whether the ongoing operations limitation in additional insured endorsements precludes completed operations coverage.

This rider can provide an additional amount of death benefit coverage to the policy beneficiary if the insured dies due to accidental injuries that occur while he or she is riding as a fare - paying passenger on a common carrier, such as an airplane, a bus, or a train.

Since this only covers accidental death and does not cover natural causes (such as heart disease, stroke, or cancer), this life insurance rider is best purchased when the insured is maxed out on the amount of life insurance they can qualify for and he or she need some additional coverage.

We HIGHLY recommend requiring your tenants to carry Renters Insurance with a minimum of $ 100,000 in liability coverage and require that you be listed as an Additional Insured on the policy.

These policies will typically have a face amount of coverage that is between $ 5,000 and $ 25,000 — so in many cases, an insured may also have additional funds in the policy that can be used for paying off other debts, uninsured medical expenses, and other ends of life costs.

Metlife auto policyholders also have the options to take advantage of not so standard coverage like uninsured and under - insured motorist coverage, enhanced rental car coverage, flexible payment options, and several other additional features.

In Inbound Choice, Inbound Guest, Inbound Immigrant and Inbound USA, all insureds under age 70 have coverage for an acute onset of a pre-existing condition at no additional charge!

If a covered person is hospitalized, the coverage for the insured and one traveling companion is automatically extended for the period of hospital confinement and an additional 5 days.

If a terrorist incident occurs where you are traveling and you want to leave the area and go home, trip interruption coverage will reimburse the insured traveler for additional transportation expenses (up to the plan limit) less any money you receive from the exchange of your airline ticket (if any).

The purpose of the underinsured motorist coverage is to ensure that in the event of property or bodily damage caused by a motorist with insufficient (or no) insurance the insurance company agrees to pay out any additional costs above those that the under insured party's insurer will meet.

The riders available include Aegon Life AD Rider which provides the payment of additional Sum Assured in case of accidental death, WOP Rider on CI where future premiums are waived if the insured is diagnosed with a Critical Illness while the coverage continues, iCI Rider covering four Critical Illnesses where the Sum Assured is paid in case the insured is diagnosed with any Critical Illness covered by the rider, Women CI Rider which covers women specific Critical Illnesses and provides part payment of the Sum Assured if the insured is diagnosed with any one of the covered illness.

I asked the client if he could email over a copy to 1st verify the correct additional insured verbiage was added and then I'd check the coverage's or in this case the lack of coverage.

In the case of a condominium the corporation insures the building but will not provide coverage for personal items or additional living expenses.

All forms of home insurance also provide additional living expenses (ALE) coverage for the extra costs of living away from home if it is uninhabitable due to damage from an insured disaster.

These are additional pieces of coverage that insure your individual valuables with limits above and beyond what your homeowners policy can deliver.

Limits for the coverage for the additional expenses that the policyowner may incur when the residence can not be used because of an insured loss is equal to 20 % of the policy limit on the dwelling.

The insured can purchase coverage, with the payment of additional premium, from specific bundled options of Athletic Sports & Hazardous Activities.

Furthermore, if a claimant is an insured under the underinsured motorist coverage on separate or additional policies, the limit of underinsured motorist coverage applicable to the claimant is the difference between the amount paid to the claimant under the exhausted liability policy or policies and the total limits of the claimant's underinsured motorist coverages as determined by combining the highest limit available under each policy; provided that this sentence shall apply only to insurance on nonfleet private passenger motor vehicles as described in G.S. 58-40-15 (9) and (10).

This coverage provides payment for certain losses when your home is damaged and uninhabitable because of an insured loss, including your additional living expenses for the shortest time required to repair or replace the premises, or for your household to settle elsewhere, up to 24 months.

The first page of the insurance policy that generally includes your name, address, the insured property, its location and description, the policy period (how long the coverage will be in force), the amount of the insurance coverage, the premiums and additional specific information provided by the insured.

Another portion of the coverage is an accidental death benefit that will pay out an additional amount of death benefit in the event that the insured dies due to a covered accident.

Often, insureds are allowed to convert their term life insurance coverage over into a permanent life insurance policy without having to take a medical exam or even provide any additional evidence of insurability.

This type of coverage will typically pay out an additional sum of money if the insured's death is due to an accident, as versus sickness or other natural causes.

This benefit can be used for insured's up to age 33 and it allows them to purchase additional coverage at certain policy anniversaries without proof of insurability.

Renters insurance is based on the value of the contents you want to insure in your home and as an added perk, you get additional coverages like liability insurance and additional living expenses.