Sentences with phrase «money on the behalf of policyholder»
Liability Insurance: Insurance providing money on behalf of the policyholder to pay because of bodily injury or property damage caused to another person and covered in the policy.
https://www.carinsurance.com/
All the remaining premiums are waived off & the company continues to invest money on behalf of the policyholder.
The insurer continues investing this money on behalf of the policyholder waiving off all the future premiums.
Not exact matches
A child insurance plan has certain feature that make it an ideal choice for parents.So if the policyholder dies, all the future premiums are waived.Also, in the case of this eventuality, the company not only offers a lump sum but also continues investing the money on behalf of the deceased.