Sentences with phrase «life insurance claims because»

In many cases, beneficiaries don't make life insurance claims because they don't know which company holds the policy, or they may not even know a policy exists.

Not exact matches

Alpha seeks this relief while at the same time seeking to cut off the health and life insurance benefits to some 1,200 rank - and - file retirees because it claims it desperately needs to save $ 3 Million a year.

Please note that you can not make any claim on your life insurance policy because of disability or critical illness.

It's especially important when choosing a life insurance company because claims might not be made until decades after a policy is purchased.

Life insurance is tough because there is uncertainty on claim payment on timing, and uncertainty of investment earnings.

Income payments are locked and free from market volatility and are backed by the claims - paying ability of New York Life Insurance and Annuity Corporation (NYLIAC).3 What's more, you may be able to generate more income than you would with other alternatives because you're pre-funding your retirement income.4

It's also important to document when you moved into your apartment or home — if a claim is pulled in based on the address and you can document that you didn't live there, your Reno renters insurance won't be affected by that claim, because it's not yours.

That is because you will want to ensure that the life insurance company is strong and stable from a financial standpoint and that they also have a good reputation for paying out its claims to policyholders.

I was quite interested to read your article on the differences between Expat & Travel insurance because at the time that I had to make my claim, we were actually living and working in France — thus making us expats.

I will continue to try and obtain justice for those people effectively given a death sentence by just going to work but can not recover compensation because not only is there no fund of last resort for employers liability claims, backed by a database, but the government has now seen fit to relax the requirement that insurance records be kept for 40 years, somehow seeing this as the exception to the increased regulation seen in nearly every other aspect of life.

Comment: Several commenters claimed that the statutory authority given under HIPAA can not provide meaningful privacy protections because many entities with access to protected health information, such as employers, worker's compensation carriers, and life insurance companies, are not covered entities.

The reason Term Life insurance is so cheap is because only about 1 % of all term policies result in a death claim.

Strengths: When it comes to guaranteed issued life insurance with no health questions, Gerber is always our recommendation because of their low rates, fantastic customer service and fast claims paying.

Because Sagicor Life Insurance Company is strong and stable financially, and the company has a good reputation for paying out its policyholder claims on a timely basis, it has been rated as an A - via A.M. Best Company.

The death claim values are small in nature for savings plans and there are hardly any frauds because if someone indeed wanted to fraud the insurance company (which is a big reason for claims rejection), they would buy term insurance because it gives high life insurance cover with very low premium.

Universal Life cost more than Term life insurance does because the life insurance companies know that someday they will be paying a death benefit clLife cost more than Term life insurance does because the life insurance companies know that someday they will be paying a death benefit cllife insurance does because the life insurance companies know that someday they will be paying a death benefit cllife insurance companies know that someday they will be paying a death benefit claim.

Max life insurance traditional policy plan which have 88 % policy coverage and the claims are easy to get because of fast services provided by the executives and staff members.

The aviva life insurance provides me child insurance plan which has less premiums and the claims are easy to get because of service provided by the staff of the company is quick.

The reason you spend your hard earned money each month on life insurance premiums is for it to be there in the event of an unexpected tragedy, you don't want your family to be left penniless or destitute because your life insurance policy didn't pay out the claim.

We always suggest that marijuana users disclose, primarily because life insurance companies have a two - year «look back» period where they can deny a survivor's claim because of fraud on the initial life insurance application.

PNB metlife life insurance traditional policy plan which have 94 % policy coverage and the claims are easy to get because of fast services provided by the executives and staff members.

Because it's on a firm financial footing and the company's timely payment of its claims to policyholders, Gerber Life Insurance Company has excellent ratings from the insurer rating agencies.

One ironic drawback to term life insurance is the fact it may not pay out simply because there is no claim against it.

Consider financial strength: Financial strength is especially important for life insurance companies because you'll want a company that can pay claims many years down the road.

We are committed to an efficient, organized life insurance claim process devoid of hassle and red tape because we understand the passing of a loved one creates plenty of stress on its own.

Whenever you invest in a life insurance policy, you essentially invest in the company too because you're placing a bet they will be around when your family places a claim.

80 % of Claims coming to life insurance companies from policyholders aged less than 45 years, are because of accidental deaths.

The last thing that you want to have happen is for a life insurance company to decide that they are not willing to pay on a death benefit claim simply because you weren't honest on your application.

This is because, if it is discovered, after the fact, that you «materially» misrepresented yourself during the life insurance application process, the insurance company may have a legitimate «cause» for denying your life insurance policy claim after your death (meaning, that you beneficiaries would not be paid a death benefit)!

E-Wisdom reported that term life insurance will provide the highest level of coverage at the lowest premiums because it is a death benefit and can only be claimed in the case of someone passing away.

Be careful when choosing an insurance carrier (for life, disability, long term care, etc), because the stronger the company, the better suited they are to pay a claim.

That is because you will want to ensure that the life insurance company is strong and stable from a financial standpoint and that they also have a good reputation for paying out its claims to policyholders.

When shopping for life insurance, company ratings are important to look at because you may not need to file a claim for 20 or 30 years.

The life insurance company also failed with its claim that the policy was void because the trust had no insurable interest in the impostor's life.

Overall, the claim settlement ratio for the life insurance industry stands at 97 %, but a lot of it is because of LIC's large base with very high CSR.

Because of its strong financial stability and its extremely positive reputation for paying out claims to its policyholders, SBLI Life Insurance Company holds high ratings from the life insurance rating agencLife Insurance Company holds high ratings from the life insurance rating Insurance Company holds high ratings from the life insurance rating agenclife insurance rating insurance rating agencies.

Due to its financial strength and stability, and because it has a good reputation for paying out its insurance claims to its policyholders, Assurity Life Insurance Company has been given the rating of A -(Excellent) by A. M. Bestinsurance claims to its policyholders, Assurity Life Insurance Company has been given the rating of A -(Excellent) by A. M. BestInsurance Company has been given the rating of A -(Excellent) by A. M. Best Company.

This is because the ratings of the life insurance companies you consider should be strong and stable financially — and it should be able to pay out its policyholder claims if and when the time should come.

Because of its financial strength and stability, along with the timeliness of paying out its policyholder claims, United Home Life Insurance Company has been considered one of the top life insurance companies in the USA from the insurer rating agencLife Insurance Company has been considered one of the top life insurance companies in the USA from the insurer rating Insurance Company has been considered one of the top life insurance companies in the USA from the insurer rating agenclife insurance companies in the USA from the insurer rating insurance companies in the USA from the insurer rating agencies.

In addition to J.D. Power, even Consumer Reports does not recommend one particular life insurance company over another because they all pay out valid claims.

Term life insurance is much more affordable than permanent life insurance simply because it's a less likely possibility that the life insurance company will have to pay out the claim.

I continue to read online articles that claim life insurance brokers sell certain products because their commission is higher on certain products.

Because over a large sample size the statistics hold very true, the life insurance company can predict with a high degree of accuracy the percentage of policy holders that will have a death claim filed in any given year.

You can not be turned down for flood insurance even if you live in a high - risk area, and will your rates will not increase because you file an insurance claim.

Because of the increased risk to the insurer, no exam life insurance may even have exclusions that prevent claims or payouts for the first two years after issuance.

Whole life insurance is different because the insurance company is banking on the fact that they eventually will need to pay out a death claim because the policy never really expires (maturity date aside).

While those agents that hang their hat on those other products will claim that they are better because they have cash value, that is only true if your purpose is to buy an investment and not life insurance.

This is because, even if you find a low policy rate, if you are not working with one of the best life insurance companies, the company has a poor reputation for paying out its policyholder claims, or if it isn't financially stable, then it might not be the right policy for you.

Therefore, because of this statistic, a person who is 50 or older will be seen by a life insurance company as a potentially higher risk of claim than someone who is in their 20s or 30s.

Because the opponents of whole life insurance are so adamant in their claims some people have not even taken the time to investigate what can be done with the money they can afford to spend on a whole life insurance policy.