Sentences with phrase «made by a policyholder»

Insurance defense focuses on matters of protecting the rights of insurance companies in the defense of claims made by policyholders, typically as a result of a plaintiff filing a lawsuit against his or her insurance carrier after being denied an insurance claim.

This often happens regardless of any increases in premium payments or decreases in death benefits made by the policyholder.

Premium is invested after adjusting the required charges as per the decision made by the policyholder in a choice of 5 funds namely Secured Fund, Balanced Fund, Smart Fund, Growth Fund and Prima Fund

The Death Benefit that is given to the nominee will be minus any partial withdrawals that have been made by the policyholder.

A person employed by the insurance company, sometimes an impartial party, who investigates and settles claims made by a policyholder.

Premium payment may be made by policyholder alone and not by any third person on behalf of the policyholder except where it is not speculative and the third person has an insurable interest in the life assured.

My professional experience includes surveying incident sites and looking for evidence to support or refute claims made by policyholders.

Not exact matches

The matter is complicated by the fact that 300,000 policyholders have died since the compensation scheme began, although the Treasury insists that some headway has been made in this respect.

A higher deductible means more risk being taken on by the homeowner, and that additional risk makes it cheaper to insure the policyholder.

Shoppers need to gather quotes and make sure the company with the best rate and coverage is also a company admired by its policyholders.

The professionals, of course, view it as a way to make money by stealing from policyholders and the insurance company.

At the end of the day, crown corporation or not, ICBC is an insurance company, and they make money by paying out as little as possible to policyholders and injured people.

At the end of the day, crown corporation or not, ICBC is an insurance company, and they only make money by paying out as little as possible to policyholders.

The expert eye will notice when a policy interpretation can not make sense in the absence of the test «could you have sold it if that term was understood by the policyholder to mean that»?

The lesson to be learned is to be candid, up front and truthful when applying for insurance, ensure that the application is properly reviewed when filled out by someone other than the policyholder and if the claim is denied, make sure you get expert legal assistance.

Thus, TitlePLUS policyholders are covered for title - related issues, and for errors or omissions that may be made by the lawyer handling their transaction.

There will be a set of authorized banks that can make electronic transaction to insurance company; the policyholder who has an account with such banks that are authorized by insurance company can make his payment through net banking.

In addition some life insurance companies provide their policyholders with an additional incentive by offering some kind of discount for automated payments made using a bank account or credit card.

If earnings come in lower than expected, the policyholder may have to make up the difference by increasing premiums or paying for a longer period of time.

The policyholder is benefitted by the insurer for not making any claim in a policy year.

Though endeavour is made to make correct policy / product comparisons, quotes, features, etc., based on the information provided by the insurers, it is made abundantly clear that Policybazaar Insurance Web Aggregator Private Limited, its directors, shareholders, officers and employees and Policybazaar.com are in no way responsible to or liable for any one for his / her investment decision, and every prospect / investor / policyholder shall be solely responsible for the consequences of his / her decision.

Any policyholder found making defaults in obeying the provisions of this section shall be considered punishable with a fine amount as declared by the company.

The policyholder can nominate a person (the beneficiary) to receive the Death Benefit in the event of the demise of the life insured or make a change in nomination at any time during the tenure of the plan, provided the plan is in force, by submitting a written request to the insurance company.

In this case, the payment made by the insurance company to the policyholder may be used by the policyholder to replace the old, damaged car with comparable quality: a car of 10 years with similar mileage.

By doing this, you can have peace of mind in knowing you are covered and that you made an effort to find an insurer that caters to male policyholders.

While making claims on maturity, the insurance holder is required to provide a completely filled discharge form attached with the original policy documents as issued by LIC in the name of the policyholder.

Shoppers need to gather quotes and make sure the company with the best rate and coverage is also a company admired by its policyholders.

Mutual life insurance companies are owned by the policyholders and dividends are generally paid to the the policy holders on profits the company makes which can increase the value of the permanent policy; however, stock based life insurance companies (e.g. Allstate) pay these dividends to their share holders instead.

Fixed Death Benefit — Standard term policies also have a fixed death benefit, the amount of which is determined by the policyholder at issuance and affects the premium payments that will be made.

As the policyholder, you complete your half of the contract by making timely, lifelong annual payments.

In case of demise of the third party in a car, accident compensation will be made by court order on behalf of the policyholder.

A mutual insurance company that is owned by its policyholders must make decisions in the best interest of the policyholders.

Policy duration: A policyholder is always benefitted by the long - term duration policy, where he can make the optimum claim with benefits included.

National Insurance two wheeler insurance offers NCB which is a discount that policyholders can avail by not making any claim in a particular policy year.

According to Bajaj Allianz, the facility can be availed in 80 cities in India.Apart from offering additional no - claim bonus, this long - term Bajaj Allianz two - wheeler policy also ensures that policyholders won't lose a claim bonus even after making a claim.This is yet another big step taken by Bajaj Allianz General Insurance in the space of two - wheeler insurance after the collaboration with Snapdeal.

Some companies, though, cut costs by reducing customer service staff and making it harder for policyholders to get reimbursed.

However, in two scenarios, floater plan proves to be more expensive 1) If the age of the claimant is higher than the other family members» or he / she has a poor medical history; 2) by accumulating no claim bonus for each claim free year, policyholders can make their individual policies cheaper.

The system manages the history of the complaint made by the individual, and if the policyholder is dissatisfied with the solution offered by the insurance company, they can directly approach IRDA for suitable resolution.

In case the insurance policy is held jointly, the application is required to be made jointly by all policyholders.

Since no option is available in India at the moment other than this one offered by Bajaj Allianz, it makes sense to opt for it if the policyholder deems fit, since some protection is better than none at all.

A deductible is the out - of - pocket amount paid by the policyholder when making a claim.

The company holds all the rights to make the investigations into the matter and call for the agreeable proof of the destruction of the policy documents at the expenses to be borne out by the policyholder.

Sleeping over your policy and not re-evaluate life insurance policy by learning how to re-evaluate life insurance to further suit your requirements is one of the gravest mistakes any policyholder can make.

Others allow the policyholder to make no payment or a maximum payment as specified by the Internal Revenue Code for life insurance.

In some cases, if the policyholder dies just before the premium due date and the final payment is missed, the grace period will give the survivors a little room to correct the oversight by making the payment so the policy is not be canceled.

Coverage that pays additional expenses when a policyholder has to move out of their residence while repairs are made, as a result of damage caused by a covered loss.

Allstate makes finding a local agent in the Sunshine State easy by offering prospective policyholders the option to search by ZIP code or city.

Policyholders should make sure they fully understand what their homeowners insurance will cover by checking their policy and speaking to an agent or company representative.

The flat charges for revival shall be Rs. 500 / - and for alteration shall be Rs. 250 / - which will be deducted by canceling the Policyholder's Fund Value appropriately and the deduction shall be made on the date of revival / alteration in the policy.

At any given point of time the policyholder has an option to make a request to his insurer for opting out of the Insurance repository system by providing a written request to the insurer