Sentences with phrase «little risk to the insurance company»

If you maintain a healthy and safe lifestyle, you pose little risk to the insurance companies, and your price for life insurance should reflect that.

Not exact matches

If you're very healthy, and there's little risk that the life insurance company will have to pay the death benefit, you'll get more affordable rates.

You might think of insurance companies as conservative and disinclined to accept risks that don't fall into neat little boxes, but you'd be wrong.

The practice of insurance subsidiaries issuing surplus notes to parent companies has become all too common, which allows subsidiaries to write more business at the risk that when a subsidiary becomes impaired, the domiciliary state takes it over, and the parent company gets little to nothing.

This is truly a no - risk situation for the injured party and a great benefit for injured persons who have little or no financial ability to fight with a large, financially well - equipped insurance company.

Without any medical exam to determine the state of an applicant's health, the insurance company is taking on a significant amount of risk in providing coverage to an individual for which so little is known about their health.

Their aggressive behavior while on the wheel is still apparent and insurance companies does not want to take the risk of offering them lower premiums because there is very little guarantee that they will be more responsible with their driving.

As alluded to above, these types of things not only make it a little harder to get coverage by limiting the companies who will offer you the best life insurance rates, you'll also likely pay higher premiums depending on the level of risk the insurer evaluates you at.

The risk exposure of this industry and decrease in profitability has made very tough for insurance companies to operate but as third party insurance cover is set to rise, these companies may find it little easier to operate.

It's an important task for insurers to manage their approach to risk carefully — if they take on too much risk for too little return then they may find themselves unable to pay on claims made under the policies they have issued and this will result in insolvency, that's not in the interest of the insured party or the insurance company.

There is no extensive underwriting of your risk, so the rates a little higher to account for the higher risk to the life insurance company of accepting people who may not qualify for coverage with other companies.

Smokers who are young, in good health, and pose little risk to the life insurance company can still be classified as «Preferred Plus» or «Preferred», but will be charged a higher premium.

After examining the various risks likely to damage or injure the people or property covered in your policy, the insurance companies calculate a yearly rate that should, over time, cover all the claims made on the policy and leave them with a little left over profit.

Historically the bells and whistles have been a way to drive up the premium with little or almost no risk that the life insurance company will ever have to engage in paying out.

You might think of insurance companies as conservative and disinclined to accept risks that don't fall into neat little boxes, but you'd be wrong.

Because insuring you is already a statistically higher risk, the insurance company will be willing to check you out a little more closely.

As to a small company, closing companies are highly regulated, insured and bonded, even if it's a one man shop, it's the title company that insures and they are approved through the state insurance commissioner, so I suggest you just make sure they are authorized agents of the title insurance company and if so, you really have very little risk, your checks should be disbursed the same day of closing if you close in the morning, so they can get a final clearance.