Sentences with phrase «money against an insured»

A «Claim» is defined under the Policy as «a demand including service of suit or institution of arbitration proceedings, for money against an Insured...» All Claims (written demand in letter form, suits, demands for arbitration, etc.) should be sent to:

Not exact matches

Investors often use gold as a hedge against inflation, but higher interest rates dent the appeal of gold, which earns nothing and costs money to store and insure.

In many homeowners» associations, part of that money you fork over every month or every year goes toward insuring community spaces and amenities against damage.

This benefit can help you save money when you rent a car by insuring you against accidents.

Margin The amount of money or collateral deposited by a customer with his broker, by a broker with a clearing member, or by a clearing member with the clearinghouse, for the purpose of insuring the broker or clearinghouse against loss on open futures contracts.

If you deposit money in an FDIC - insured bank, the agency protects you against the loss of your deposits, up to certain limits, if the bank fails for any reason.

The cap is not your friend; it's the mechanism insurance companies use to hedge against losses and remain profitable so that your money stays safe & insured.

Important: Many investments you will make through a broker (e.g. stocks) are not insured against losing value like the money in your bank account.

Adding to the complexity is the need for both Fannie and Freddie to insure their portfolios against interest - rate risk — in particular, the danger that borrowers may pay back their loans early, if interest rates fall, leaving the companies with money to reinvest at a lower rate.

Just like with other types of permanent life insurance policies, cash can be withdrawn or borrowed from the policy, however, an unpaid balance will be charged against the death benefit should the insured die prior to the money being repaid.

In conjunction with the right to control the defense, an insurance company has «the duty not to gamble with the insured's money by foregoing reasonable opportunities to settle a claim on terms that will protect the insured against an excess judgment.»

You can spend a lot of money trying to insure yourself against every possible outcome.

(3) A beneficiary may enforce for the beneficiary's own benefit, and a trustee appointed under section 315 may enforce as trustee, the payment of insurance money payable to him, her or it, but the insurer may set up any defence that it could have set up against the insured or the insured's personal representative.

Premium is the amount of money you as an insured person pay to protect your vehicle against certain risks.

If you are taking a trip and you've spent money on that trip that you can not afford — or would prefer not — to lose, then insuring that trip against cancellation is a wise idea.

Insure everything you own including that welcome mat against loss from theft, vandalism, fire, and many other loss types and save big money at the same time by comparing the prices of various insurers serving our local region.

It means that when your landlord's insurance carrier subrogates and tries to collect that money they paid out from the responsible party, you're personally on the hook for it because your landlord doesn't have a claim against your liability coverage, as additional insured.

Just like with other types of permanent life insurance policies, cash can be withdrawn or borrowed from the policy, however, an unpaid balance will be charged against the death benefit should the insured die prior to the money being repaid.

Money Back Policy: Money back policy is a plan where policyholder gets a life cover against the death along with periodic returns on sum insured.

New Money Back Plan — 25 years by LIC is a non-linked, participating policy that offers an appealing combo of savings and protection against the demise of the insured during the term of the policy together with the cyclic payments on the survival of the insured at particular throughout the term.

Waiver of Premium: The waiver of premium rider guards against loss of the insurance cover of the money back plan if the insured is unable to pay the premium for any reason.

This Reliance money back policy is a non-linked, non-participating Life Insurance plan that provides the insured with periodic pay - outs that allow them to upgrade their lifestyle and also their life insurance cover to safeguard their family against unforeseen circumstances.

After several years, a whole life policy has cash value and you, as the policy owner, can borrow money against the policy or ask for part of the benefit to be paid even though the insured person is still living.

Coverage, or more specifically insurance coverage, is the amount of protection in terms of a sum of money that an insurance company provides to an insured person whereby, in the event of risk or risks insured against take place, such as death or accident, the policyholder or a designated beneficiary or beneficiaries shall receive an indemnification or payment up to the extent of the loss.

You have likely spent a lot of money on your boat, ATV, or PWC, so you will want to be sure that they are properly insured against all sorts of damages, including fire.

Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.

If you have spent a lot of money on equipment for these entertaining outdoor pastimes, you will want to be sure that your vehicles are properly insured against all sorts of damages and loss, including those caused by fire.

Having such an inexpensive way to insure your belongings against loss can actually save you a bundle of money over time.

(b) New Money Back Plan 20 years — New money back Plan 20 years is a combo of protection against the demise of the policy holder with the periodic payments on the survival of the insured at particular throughout the Money Back Plan 20 years — New money back Plan 20 years is a combo of protection against the demise of the policy holder with the periodic payments on the survival of the insured at particular throughout the money back Plan 20 years is a combo of protection against the demise of the policy holder with the periodic payments on the survival of the insured at particular throughout the term.

(c) New Money Bank Plan 25 Years — New Money Back Plan 25 Years is a combo of protection against the demise of the policy holder with the cyclic payments on the survival of the insured at particular throughout the term.

Because monies borrowed from a VUL policy that is maintained through the insured's life are technically borrowed against the death benefit, they work out tax free.

While the insured person is alive, life insurance policies continue to take in money against the eventual payout, building value towards the eventual time when the cash value of the policy is due.