Sentences with phrase «life insured suffers»

o Disability Benefit (Disability Plus): In case the life insured suffers from accidental total and permanent disability, he / she receives Sum Assured + additional accidental death cover + cover against accidental total and permanent disability.

For example in case the life insured suffers disability due to some accident or in case of demise of the policy holder due to some accident.

Permanent disability rider can be availed in case life insured suffers permanent disability due to some reason.

In case of a vanilla life insurance plan, if the life insured suffers any disability because of which he / she is unable to pay any future premiums, the policy terminates.

The plan can be taken for a basic cover or a cover with Critical Illness benefit inbuilt in the plan option which provides an additional Sum Assured in case the life insured suffers a critical illness during the plan tenure.

If due to the accident the life insured suffers total permanent disability - losing legs and arms, consequentially, forcing one to leave work, this rider will help with the cash flow.

Not exact matches

We pay an additional monthly benefit if the insured suffers a catastrophic disability that prevents the insured from performing certain activities of daily living, as defined by the policy.

And the bonus one — Additional living expenses: What would you do if you couldn't live in your unit because it suffered damage and is undergoing insured repairs?

Earthquake insurance in Oakland, in the form of an endorsement on your renters policy, will cover not only your personal property that suffers a loss, but also your additional living expenses like a hotel if that earth movement loss prevents you from using the insured residence.

Additional living expenses are covered under the policy, to make sure that the insured doesn't suffer a loss because of it.

When you suffer a loss, it's a given that you'll incur additional costs to live if you can't use the insured premises.

You might not think this is a risk worth insuring, especially if you don't live in California, but the Insurance Information Institute says that 42 states are at risk of suffering earthquakes.

Our goal is to insure that the cats brought to us are well suited for a feral lifestyle and have the health and capacity to live without suffering in their colonies.

With an insured clientele you never have to choose between treating at a monetary loss or depriving a being of life when you have the means to alleviate it's suffering otherwise.

(3) If a person qualifies for a non-earner benefit under paragraph 2 of subsection (1) and more than 104 weeks have elapsed since the onset of the disability, the amount of the non-earner benefit is $ 320 for each week that the insured person suffers a complete inability to carry on a normal life, less the total of all other income replacement assistance, if any, for the same week.

The insured person suffers a complete inability to carry on a normal life as a result of and within 104 weeks after the accident and,

i. provides caregiver benefits payable in the circumstances described in section 13 if, as a result of and within 104 weeks after the accident, the insured person suffers a substantial inability to engage in the caregiving activities in which he or she engaged at the time of the accident even if the impairment sustained by the insured person is not a catastrophic impairment, but not for any period longer than 104 weeks of disability unless, as a result of the accident, the insured person is suffering a complete inability to carry on a normal life, and

(4) The insurer is not required to pay a caregiver benefit for any period longer than 104 weeks of disability, unless, as a result of the accident, the insured person is suffering a complete inability to carry on a normal life.

The insured person suffers a complete inability to carry on a normal life as a result of and within 104 weeks after the accident, received a caregiver benefit as a result of the accident and there is no longer a person in need of care.

(2) The amount of a non-earner benefit is $ 185 for each week during the period that the insured person suffers a complete inability to carry on a normal life, less the total of all other income replacement assistance, if any, for the same week.

Pros: The main advantage of this form of life insurance coverage is for those who suffer from a particular medical condition that would make the difficult to insure under normal circumstances will be covered by this policy.

Accelerated Access Solution: if the insured suffers from a qualifying chronic illness, this life insurance rider will provide monthly payments until the death benefit has been exhausted.

One plan, WorldMed from Travel Insurance Services, separates emergency medical reunion from emergency bedside visit and the distinction is that the bedside visit benefit is enacted when the insured has suffered an illness or injury that constitutes an immediate danger to their life.

A critical illness rider is often a standard add - on for a life insurance policy which will help cover medical expenses if the insured suffers from a terminal health condition.

The owner of a life insurance policy has an insurable interest in the insured when the policy owner is likely to benefit if the insured continues to live and is likely to suffer some loss or detriment if the insured dies.

Accidental & Total Permanent Disability Rider: If the policyholder suffers total permanent disability due to the accident, the insurance company gives the rider benefit to the life insured.

Max Life Waiver of Premium Plus Rider (UIN - 104B029V01): In instances when the insured is diagnosed with a critical illness or is suffering from dismemberment, then all the future premiums are waived off.

Insurance companies operate on a business model involving a contract / agreement between the insurer (insurance company) and the insured (policyholder / customer), wherein the former agrees to compensate the insured for any damage or loss he / she suffers on a specific asset (home, car, etc.) or on his / her life (life or term insurance).

Child plans are life insurance plans which promise to safeguard the financial corpus payable by the plan, even if the parent (whose life is insured) suffers an untimely death.

Accidental Total and Permanent Disability Cover: In case the life assured suffers an accidental total and permanent disability, the insured will receive the sum assured as lump sum.

Life insurance is designed to protect family members in the event the insured suffers an untimely death.

For less than the price of a parking ticket per week, you will be insuring your life for all the bumps ahead and ensuring that you will receive the financial compensation you deserve if your rental property suffers from a disaster.

Life insurance regulations have evolved to require a relationship in which the policy owner will suffer a financial loss in the event of the insured's demise.

To qualify a physician must certify the insured is unable to perform two out of six activities of daily living for a period of at least 90 days or suffers from severe cognitive impairment.

The beneficiary of a life insurance policy has an insurable interest in the insured when the beneficiary is likely to benefit if the insured continues to live and is likely to suffer some loss or detriment if the insured dies.

Permanent Total Disability: This implies that the life insured has solely suffered over a period of at least six months, because of an accident caused by outward and violent means, which thereby rendered the insured and made him incapable of earning an income permanently.

Quality of Life — If the insured is involved in an accident or suffering from a chronic condition that needs constant attention, a certain percentage of the death benefit will come as an advance.

In case the Life Insured is found to be suffering from a disease that is likely to lead to the Death of the Life Insured within 6 months of diagnosis in the opinion of a Registered Medical Practitioner and the concurrence of Company's appointed doctor, the Company will advance 50 % of the Guaranteed Maturity Sum Assured (up to maximum of Rs. 10 Lakhs across all policies which provide this benefit) immediately upon Policyholder's request.

For instance, Max Life offers the Comprehensive Accident Benefit rider along with their term plans where the insured will receive additional protection benefit in case he suffers from partial or total disability due to an accident.

For life insurance purposes, a beneficiary has an insurable interest in the insured person when loss of that person would cause the beneficiary to suffer a financial loss.

You may own a life insurance policy that insures someone else's life if you have an Insurable Interest in that person, meaning you either rely on the person for some form of financial support, or you should suffer some financial loss if the person you want to insure would pass away.

Additional living expenses are covered under the policy, to make sure that the insured doesn't suffer a loss because of it.

In case of Total Permanent Disability suffered by the life insured due to an accident either immediately or within 90 days from the date of Accident, the benefit payable to the nominee will be same as Death Benefit under the plan.The policy will terminate on occurrence of Accidental Total and Permanent Disability (ATPD).

In case any insured member suffers from an Accidental Total and Permanent Disability *, the the Sum Assured as per the certificate of insurance shall be payable and the contract will continue on 2nd life till ATPD of 2nd life or expiry of policy term for that member whichever is earlier.

If you, as the life insured, suffer from any of the covered critical illness during the term of the plan, you get the benefit.

And the bonus one — Additional living expenses: What would you do if you couldn't live in your unit because it suffered damage and is undergoing insured repairs?