Sentences with phrase «insured with the consent»

Costs or expenses incurred by the insured with the consent of the company to defend any claims are paid in addition.

Not exact matches

If you don't have a great relationship with your older brother and you are now concerned he may be able to buy a life insurance policy on you without you knowing — don't worry — to buy life insurance on someone else you need the proposed insured's consent.

(c) If the debtor fails to provide any required property insurance, the creditor may, but is not required to, purchase insurance insuring its interest only, or with the debtor's written consent, insuring both the creditor's interest and the debtor's interest, and the premium for the property insurance together with interest on the premium at the contract rate or other rate agreed to in writing may be charged by the creditor to the debtor.

Under the Insurance Act, an automobile insurance policy provides liability coverage to a named insured and every other person, who, with the named insured's consent, drives or is an occupant of an automobile owned by the named insured or named in the policy when the use or operation of the automobile results in loss or damage to others.

In 1975, for example, the province's regulations defined an insured person as «a [licensed] driver... who operates or drives... with consent»; in 1984, the licensing requirement was dropped and the definition was broadened as «an individual who with... consent... operates the vehicle»; and in 2001, the definition was broadened further as «an individual who with consent... uses or operates the vehicle.»

Most auto insurance policy insures your vehicle plus you, any relative or anyone else who uses your car, if the use reasonably is believed to be with your consent.

If you don't have a great relationship with your older brother and you are now concerned he may be able to buy a life insurance policy on you without you knowing — don't worry — to buy life insurance on someone else you need the proposed insured's consent.

Most companies, in addition to requiring an e-signature or consent over the phone, will conduct a brief interview with the individual being insured to make sure they fully understand the nature of the policy.

This scheme is brought in action as the liability moves with the vehicle & it is a general consideration that the spouse or the third person is using the vehicle with prior consent of the first insured person.

In some cases, the naming of a beneficiary is irrevocable, meaning the policyholder can not remove or replace the beneficiary with another entity or reduce the potential benefits the irrevocable beneficiary receives upon the insured's expiry without the beneficiary's express written consent.

While a policy's owner and insured might be the same, a person can purchase a life insurance policy on someone else with the prospective insured's consent and by demonstrating an insured interest in the insured's continuing life.

Others may be protected by policy definition even though their names aren't on the policy, such as other drivers operating (with consent) the named insured's covered auto.

No Claim shall be accepted for any accidental loss or damage suffered whilst the insured or any person driving the vehicle with the knowledge and consent of the insured is under the influence of intoxicating liquor or drugs.