Sentences with phrase «insurers know owners»

In some cases, insurers know owners have some water - related damage because of comprehensive loss underwriting exchange (CLUE) reports, which are filed any time a homeowner makes an inquiry about filing a claim, even if they decide not to.

Not exact matches

This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
When insurers set the payments annuity investors will receive, they know that some annuity owners will die sooner than others.
The main definitions to know include: Policy, Owner, Insurer, Insured, Beneficiary, Insurance Premiums, Death Benefit and Cash Value.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
Even in the «lower high end» (Porsche, BMW Ms, Mercedes AMGs and SLs), the owners know damn well they'll never see the full replacement cost from you or your insurer, and so the smart move is to get that kind of insurance whether the seller requires you to have it or not.
Keith I. Braunfotel and Scott D. Frendel know how to negotiate with insurers for negligent motorists, doctors and nursing home owners whose carelessness changes and ends lives.
In the firm's trial practice, they have represented manufacturers and sellers of industrial, commercial and consumer products; property and business owners and contractors; nationally known retail chains; bus and trucking companies and those in the logistics business; financial entities and pursue creditor's rights; insurers in coverage actions and prosecute declaratory judgment actions on their behalf.
This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.
In addition, loans from insurers secured by policy values are not income and earnings credited to an owner's policy values (known as «inside buildup») by the insurance company are not currently taxed (and may escape taxation altogether if such earnings are not distributed other than as part of the death benefits paid upon the death of the insured).
When owners obtain independent certification that «interim controls» or abatement has been performed, they'll no longer be held strictly liable, and insurers will be required to provide lead liability coverage for negligence claims brought against such owners.
Following the September 11th attacks, many insurance companies decided to no longer offer terrorism insurance at affordable rates to building owners because the insurers could not find reinsurance companies that would cover a part of their risk.
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