Not exact matches
And while the monthly payments the group received in the scenarios above could vary from month to month
based on investment earnings and whether or not someone died, an
insurer's
immediate annuity states in advance how much you'll receive each month (although some
immediate annuities may increase their payments
based on the inflation rate or other factors).
More recently, I have been
based in the Sydney office of the TT Club, Thomas Miller's ports and logistics
insurer, delivering
immediate legal commercial solutions
on a day - today
basis with transport and logistic operators in the region.
(b) Reductions in premiums shall be available if all named drivers who are 25 years of age or older: (1) Have committed no traffic offenses for the prior three years or since the date of licensure, whichever is shorter; (2) Have had no claims
based on fault against an
insurer for the prior three years; and (3) Complete one of the following types of driving courses: (A) A course in defensive driving of not less than six hours from a driver improvement clinic or commercial or noncommercial driving school approved by and under the jurisdiction of the Department of Driver Services; (B) An emergency vehicles operations course at the Georgia Public Safety Training Center; (C) A course in defensive driving of not less than six hours from a driver improvement program which is administered by a nonprofit organization such as the American Association of Retired People, the American Automobile Association, the National Safety Council, or a comparable organization and which meets the standards promulgated by the Department of Driver Services pursuant to subsection (f) of this Code section; or (D) A course in defensive driving of not less than six hours offered by an employer to its employees and their
immediate families, which course has been approved by the Department of Driver Services.
This is a common situation because often the «cash surrender value» which is what an
insurer will pay for the policy
based on its
immediate cancellation and surrender to the insurance company is often lower than policy valuation placed
on a policy by third parties.