Sentences with phrase «making death benefits claim»

If the policyholder expires when the policy is active, the beneficiary will be eligible of making death benefits claim from the insurer.

Additionally, if one engages in the transaction, the insured may occasionally (usually about once a year) receive a call from a servicing company to inquire upon the health of the insured (to determine if the insured has died and whether the investor should be making a death benefit claim on the policy).

Not exact matches

Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...

Here there is entrance into the «benefits» — the results made available for the lives of men — which Christ's life, death, and resurrection effected and which gave rise to the specifically Christian claim that he is God's Son, that One in whom True God dwells supremely in a true man, for the wholeness of all men.

For these reasons, it makes sense for the beneficiary to claim the death benefit as soon as possible as a lump sum.

If it is shown you lied or made a misrepresentation on your life insurance application, the company may be able to deny your beneficiary's death benefit claim.

Previously, the anti-detriment provision enables a super fund to claim a deduction in their tax return for a top - up payment made as part of a death benefit payment where the beneficiary is the dependant of the person.

As per Insurance Laws (Amendment) Act, 2015 — If an immediate family member such as spouse / parent / child is made as the nominee, then the death benefit will be paid to that person and other legal heirs will not have a claim on the money.

If you have to make a claim for death benefits, contact the deceased's super fund and find out exactly what you need to do.

Following Ms Jackson's death, her daughter did make a claim on her estate under the Inheritance (Provision for Family and Dependants) Act 1975 on the basis that she was on a very low income of state benefits and required reasonable financial provision to be made to her from her late mother's estate.

For these reasons, it makes sense for the beneficiary to claim the death benefit as soon as possible as a lump sum.

Nor, for that matter, can the employer claim that it relied on anything Dusenbery did or said that would make it entitled to the death benefit based on a theory of «reliance.»

If you die in the first 2 years of the policy and the carrier has valid grounds to contest the policy's validity, the company may choose to forego paying the death benefit and make a claim against the insured for some type of fraud.

Death benefit processing makes it so that Virginia life insurance companies must process claims within a two - month period.

In addition, if your insurer makes the discovery while investigating a claim that's made after your death, they could contest the validity of your policy contract — and deny the claim for benefits based on your misrepresentation of the facts.

By familiarizing yourself with the details, you can avoid discovering any nasty surprises when making a claim, trying to change your death benefit, or making any other adjustments to your coverage.

(However, as per Insurance Laws (Amendment) Act, 2015 — If an immediate family member such as spouse / parent / child is made as the nominee, then the death benefit will be paid to that person and other legal heirs will not have a claim on the money)

While making the claims for the death benefits of the plan, the nominees to whom the benefits shall be payable based on sending a documented notice to the company about the death of the insured within 90 days of the claims arising.

Filing a life insurance claim for a death benefit may make an individual ineligible for Medicaid since it only covers those without other financial resources.

Your life insurance policy will continue to be upheld and should you pass away, your beneficiaries will receive the death benefit after the claim is made.

Participation in Profits benefit: This plan is eligible to participate in corporation's profits and receive Simple Reversionary Bonuses or any final additional bonus when a claim is made either by death or maturity provided the policy is active.

Should the husband die while the insurance policy is «In Force», the wife can make a death claim for payment of the death benefit from the insurance policy.

If your family needs to make a claim someday, you can take comfort in knowing that they'll obtain the death benefit as outlined in the applicable policy.

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In most term insurance sales claims result about 1 % of the time thus policyholders end up with a fistful of receipts Most insureds should own some whole life insurance to make sure their is an income tax free death benefit paid at death It is my belief that most insureds should own at least $ 100,000 of Whole life in addition to a large amount of term to cancel out temporary insurance needs.

A claim for any of the payments under the Death Benefit Scheme should be made within 3 months of the date of death, otherwise you may lose some benDeath Benefit Scheme should be made within 3 months of the date of death, otherwise you may lose some bBenefit Scheme should be made within 3 months of the date of death, otherwise you may lose some bendeath, otherwise you may lose some benefitbenefit.