Sentences with phrase «obligations under the policy»

Permit agents or brokers to make a recommendation only if they have a «reasonable basis to believe that the consumer can meet the financial obligations under the policy
They will enjoy the same benefits, rights, and obligations under the policy that you do.
Preszler Law Firm can assist you in properly documenting your disability and holding the insurance company to account for its obligations under your policy and BC law.
Loss transfer - Is Gore's purported letter of termination legally sufficient to result in a termination of Gore's insurance obligations under the policy?
The life insurance company is responsible for the obligations under its policy.
All guarantees are based on the financial strength and claims paying ability of the issuing insurance company, who is solely responsible for all obligations under its policies.
Risk transference — by undertaking a reinsurance deal an insurance company can trade off aspects of the risks involved, possibly in cases where some of the risk does not fall directly into the normal areas of operating expertise or where the risk is too great for the insurance company to comfortably meet its obligations under a policy should a claim be made against it.
It also means that the broker / agent has an incentive to continue managing your relationship with the insurer so that your obligations under your policy are met in full.
For example, life insurance is a contract between the Insurance Company and the policyholder in which the Life Insurance Company agrees to pay a certain amount of money if the policyholder fulfils all his obligations under the policy.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
The UN Human Rights Committee, which regularly reviews whether states are living up to their obligations under the binding International Covenant on Civil and Political Rights, today made more than a dozen recommendations for fundamental changes in Canadian law and policy in respect to the treatment of First Nations, Inuit and Métis peoples.
The group compliance functions operate under a Group Compliance and AML Charter and Policy, which sets out the vision and mission of the compliance functions and furthermore describes the reporting structure and obligations.
(The Fed in the United States publishes a monetary target, but this appears to be more an on - going obligation under a law passed in 1978 than an integral part of current policy making.)
The editor feared that if elected, Roosevelt would go to the White House «under enormous obligations to the most sinister Randolph Hearst»; the Hearst «black shadow» would be cast over his entire foreign policy (October 5, 1932).
When announcing this policy, Labour made clear that «this would be underpinned by the right to obtain (under an obligation of confidentiality) financial and commercial information about the business and affairs of a football club,» though the board members wouldn't be able to block takeovers or change corporate strategy.
«Under the UK National Anti-Doping policy by which British Cycling is bound, there is an obligation on an NGB (national governing body) of a sport to report any suspicions or allegations of doping.
Although the deputy prime minister has insisted he has nothing to do with casino policy, the code states «no minister or public servant should accept gifts, hospitality or services from anyone which would, or might appear to, place him or her under an obligation».
«This payment, which is the first under the Whistleblower Policy, underscores the commitment of the President Muhammadu Buhari - led administration in meeting obligations to information providers under the Whistleblower Policy.
To a large extent, the obligations imposed by the Commission's Habitats Directive, he said, are no more than Britain had accepted under existing policies.
Purpose The purpose of this Notice is to update NIH policy on instruction in the responsible conduct of research, convey some of the consensus best practices that have evolved in the research training community over the past two decades, and to provide access to additional information that may be useful to institutions and individuals in meeting their obligations under NIH policy.
If these moves result in resegregation of schools, then the district is under no obligation to change the attendance boundaries or to implement any other policy that would integrate the schools.
Interestingly enough, regarding climate change, there are efforts to have a resolution passed in the UN General Assembly that would ask the ICJ for an advisory opinion that would define states» obligations and responsibilities with respect to greenhouse emissions under international law (see policy brief issued by The Hague Institute for Global Justice).
Finally, the Departments will continue to provide technical assistance to schools on the adoption and administration of discipline policies consistent with their obligations under Federal civil rights laws.
Since administration of standardized tests is part of a teacher's job duties, a teacher's encouragement of opting would be viewed by the district as being disruptive of its obligation under state law and district policy
[81] While these contingent commitments are not an obligation and do not guarantee receipt of RRIF or TIFIA credit assistance, as applicable, they represent an agreement between the DOT and a project sponsor to provide credit assistance subject to the satisfaction of all of the terms and conditions for credit assistance set forth under the RRIF or TIFIA statutes, as applicable, including satisfaction of Federal eligibility requirements (such as the National Environmental Policy Act of 1969) and the availability of budgetary authority for such credit assistance.
Pursuant to 49 U.S.C. 13902 (c)(3), I hereby determine that the following modifications to the moratorium are consistent with obligations of the United States under NAFTA and with our national transportation policy and that the moratorium shall be modified accordingly.
1.3 This Privacy Policy has been prepared by Emergency Cash Limited to explain how we meet our obligations under the Data Protection Act 1998 (the «Act»).
The energy sector and other industry sectors often have significant emission reduction obligations under national climate policies.
Yet, many nations continue to make national commitments under the UNFCCC as if national economic self - interest rather than ethical obligations is an adequate basis for determining national policies on climate change.
It is the single most important policy instrument by the EU to meet its international obligations under the Kyoto Protocol.
Ambitious US climate policy will require border adjustments to protect energy - intensive, trade - exposed industries from unfair competition — but formulating policies compatible with obligations under the World Trade Organization has proved challenging.
San Francisco, Calif. — Following an earlier March 6th ruling finding the U.S. Department of Energy («DOE») in violation of its obligations under the Energy Policy Act of 1992, District Court Judge William Alsup yesterday rejected further government delay and ordered the DOE to come into compliance with the Act within 2 years.
Under these policies, a producer who generates more renewable electricity than required to meet its own RPS obligation may either trade or sell RECs to other electricity suppliers who may not have enough RPS - eligible renewable electricity to meet their own RPS requirement.
Leaving aside whatever legal obligations the Respondent may have been under in this case, and it must be assumed that its «hard hat policy» was motivated out of a desire to protect the Complainant.
The present lawsuit, Netherlands Insurance v. Phusion Projects, involves a request by New Hampshire - based Netherlands Insurance Company and Indiana Insurance Company for a declaratory judgment regarding their obligations under commercial liability policies issued to Phusion.
He advises clients on cyber attack response; cyber security; privacy and data security obligations under U.S. and foreign laws; and data security policies and best practices.
The cases serve as a backdrop for highlighting social dynamics at play in elder abuse cases, comparing relevant legislation across the country, clarifying legal obligations to respond to elder abuse under legislation and professional codes of ethics, and making recommendations for protocol and policy development, and professional development and training to support the practice of health care and social service workers in the area of elder abuse and neglect.»
The topics we covered included the Ontario Human Rights Commission's (OHRC) policy on gender - specific dress codes, including the new inquiry report released in March 2017, as well as employers» obligations under Bill 132.
These obligations may include provisions that: (i) the personnel performing the services will have the knowledge, skills and experience necessary to perform their responsibilities under the agreement or even that such employees have specific certifications; (ii) the personnel will comply with customer's policies; (iii) the employees will perform the services to the standards set out in the agreement; and (iv) the service provider will provide the employees with regular training on critical issues to ensure the employees» knowledge and skills remain current.
When an insured defaults on his / her obligation to remit payment of a premium, and the policy lapses as a result, the policy may acquire a paid up value such that the face amount of coverage under the policy is reduced in proportion with the number and amount of premiums paid until the date of default.
Under the Family Law Act or the Divorce Act, a court can order a support payor to designate the support recipient as the irrevocable beneficiary of a life insurance policy to ensure funds exist at the time of the payor's death to satisfy his (or her) support obligations specified in the support order.
Insurance law governs how policies are written, the duties and obligations under individual insurance policies as well as the protection you can receive against third party claims.
on obligations under the Electricity Industry Participation Code 2010 (the Code) and drafting amendments to the Code to reflect new policy decisions
The policy question: how do Member States achieve their national targets under the Renewables Directive if they must allow undertakings to use imports of green electricity as part of their local obligations?
The notice in the front of the Purcell book says, «In accordance with the National Science Foundation's policies concerning curriculum revision material developed under their auspices, -LSB-...]» This seems to imply that when these publishers took NSF money, they accepted an obligation to freely license the materials.
On March 11, 2010, the Financial Post's Legal Post reported that law firm Bird Richard believes that the government will proclaim the law in the near future, and that employers should prepare by having a workplace policy that deals with reporting obligations under this Act.
Its obligations under the Directives, and their relevant confines, were quite clear, and — in the absence of knowing the actual reason for this policy decision — the best that may be said is that the defendant decided to run the risk, which was significant, knowing of its existence... I conclude with little hesitation that the defendant's breach is so serious that, subject to the final issue of causation, it must pay compensation to the claimant under the Francovich principle.»
The NSW Court of Appeal has recently confirmed that a policyholder is entitled to recover under its liability policy the costs of «voluntarily» remediating accidental damage in compliance with statutory obligations, even where there had been no prosecution or third party claim against the policyholder.
We have adopted policies and procedures (including internal training) commensurate with our obligations under the Criminal Finances Act 2017.
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