Sentences with phrase «of an insured if»

Life insurance companies pay a death benefit (sometimes in the millions) to the beneficiaries of an insured if they die.

As a matter of course, insurance policies are construed in favor of the insured if there is any ambiguity, but if the language is quite clear, it falls to the insured to have read and understood the policy.

The benefit provides a payment of Rs. 1 lakhs of the Sum Assured in lump sum to the nominee within 48 hours of death of the insured if the company has been duly notified.

In its most basic sense, life insurance consists of a policy holder paying a premium to an insurance company and in return, the insurance company paying out a death benefit to the beneficiaries of the insured if and when the insured passes away — provided that the policy is in force at the time of the individual's death.

a Transportation Benefit, which can assist with the cost of transporting the body of the insured if they die more than 200 kilometers from their principal residence.

The second person named to receive benefits upon the death of an insured if the first - named beneficiary is not alive or does not collect all the benefits before his or her own death.

Not exact matches

Especially if you run a fast - growing company, you might expect that your job entails staying on top of every detail, meeting, and conversation inside the business — let alone insuring that all your people are performing.

And if you need to cobble together multiple plans to insure for greater risk, you at least can take comfort from knowing that there are dozens of companies that might be interested in doing business with you.

Tip for novices: If you're afraid of losing business because your terms are too strict, consider insuring your foreign receivables.

So if we have the same scenario as above, except only $ 5,000,000 worth of damage was incurred, you'd only get paid out the percentage insured amount, which would be 50 % or $ 2,500,000.

If your policy doesn't cover the loss or you're not insured, you can sue the perpetrator, especially if the perpetrator is insured, as might be the case of the DUI driver who smashes your storIf your policy doesn't cover the loss or you're not insured, you can sue the perpetrator, especially if the perpetrator is insured, as might be the case of the DUI driver who smashes your storif the perpetrator is insured, as might be the case of the DUI driver who smashes your store.

Recently, I was even asked if I wanted to pay US$ 20 to insure a pair of $ 80 ice skates beyond the three - month warranty or $ 12 to protect a $ 40 television cable for a «lifetime» of protection — a quarter of each product's price in exchange for extra «peace of mind.»

«If you want to get serious about controlling debt and house prices, double the down payment requirement on CMHC - insured mortgages in the overheated areas, or tie it to the size of the mortgage issued.»

You'll have to insure separately for that, and if your business is based out of your home, you'll have to get some business coverage that's different from your residential plan.

The process of selecting insurance for your business may be tedious, but if calamity strikes you'll be happy that you're properly insured.

If you lease some of the equipment at your business, the leasing company may require that you insure the property at replacement value.

Digit works by looking at your cashflow to decide if it can transfer some of your money into an FDIC - insured Digit deposit account.

L. 109 — 173) calls for the FDIC to conduct ongoing surveys, «on efforts by insured depository institutions to bring those individuals and families who have rarely, if ever, held a checking account, a savings account or other type of transaction or check cashing account at an insured depository institution [«unbanked»] into the conventional finance system.»

In addition, stock certificates should be insured for 1 % of their market value which is the likely cost to replace certificates if they become lost.

Although buyers are protected from taxes for years prior to their year of purchase, buyers may insure a tax increase for the current and subsequent tax years if the assessors discover omitted property.

¹ Access to cash values through borrowing or partial surrenders will reduce the policy's cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.

But if you're self - insuring by purchasing a health plan on the health insurance marketplace you could be looking at monthly costs in excess of $ 400 depending on where you live.

They've impacted how insurance companies decide who to cover and how much to charge — some people can't get insured now if they're on flood plains or if they live in the path of a likely forest fire.

If you're putting less than 20 % of the home value down, your lender will want to insure your mortgage in case you run into trouble keeping up with the payments.

Second, seek legislation requiring that if a federally insured financial institution is required to pay fines to or settlements with any regulatory agency aggregating more than $ 2.5 billion in any two year period based on conduct that, if established, would constitute a crime under any law, then the CEO, President, and all Board members must step down, disgorge all of the bank's stock they own, and they are disqualified from holding any office at any federally - insured institution for the rest of their lives.

Both of these accounts, if considered trustworthy, are insured by the FDIC (Federal Deposit Insurance Corporation).

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

If bonds are also insured as to the timely payment of principal and interest, no representation is made as to the insurer's ability to meet its commitments

If you decide to insure, EDC offers a full suite of insurance products that can protect you against non-payment, contract cancellation, breach of contract, expropriation, currency restrictions, political violence and more.

(CMHC, the federal mortgage insurer, can only pursue you for the difference between the sale price and the insured price if the mortgage default occurred after the date of bankruptcy — but nobody in such a situation defaults after they file, so this never really happens.

That is why it is advisable to go for insured municipal bonds so that the insurance firm or company will be responsible for payment of your interest and principal if the municipal fails to pay up.

If you're an e-commerce store who is drop shipping or reselling products from a wholesaler, ask them for a certificate of insurance listing your company as an additional insured before you begin selling their products.

If you are interested in a small down payment but don't need the flexibility of a HomeReady ® mortgage, an FHA - insured home loan may be another option.

Each of those four banks also have an outsized presence on Wall Street; each of them received taxpayer bailouts during the 2008 crash; each received secret, below - market interest rate loans from the Federal Reserve during the crisis; and three of them (JPMorgan Chase, Bank of America and Citibank) are currently holding tens of trillions of dollars in derivatives within the insured banking subsidiary — meaning there would be a forced taxpayer bailout if the derivatives blew up the bank.

If a corporation owns life insurance and the insured dies, then the death proceeds become part of the general assets of the corporation and the value of the stock owned by each surviving shareholder will be increased by an amount proportionate to his or her interest.

All shipments are insured for their full transactional value (shipping and insurance is included in the price if you selected delivery at the time of purchase).

So we Christians do not oppose nuclear weapons because they threaten to destroy «mother earth,» but because the God we serve would not have one life unjustly taken even if such a killing would insure the survival of the human species.

If your statistics regarding the donations are correct, then I believe a quicker way to real results would be independently investigating the organizations (such as the Red Cross) receiving the donations to insure their accountability and focus is meeting the needs of the victims of the system we have in the US.

Speaking of being open - minded, if the church (including the Christian extremists) were open - minded, why do they bother trying to denounce and use the government to insure gays don't have the same rights as others?

You talk as if you reverence Jesus, yet you continually tell us that what Jesus did on the cross was not enough to insure us of a completed salvation.

Conversely, if not forgiveness but something else may be required to insure any possible benefit for which you may be eligible after the destruction of your body, I ask that this, whatever it may be, be granted or withheld, as the case may be, in such a manner as to insure your receiving said benefit.

If by law or regulation stations could be required to provide time regularly to members of Congress, on the basis that it is the right of all citizens to have an opportunity to see and hear their chosen representatives, and if a similar requirement were to insure free access to all congressional candidates during elections — only then can the knot be severeIf by law or regulation stations could be required to provide time regularly to members of Congress, on the basis that it is the right of all citizens to have an opportunity to see and hear their chosen representatives, and if a similar requirement were to insure free access to all congressional candidates during elections — only then can the knot be severeif a similar requirement were to insure free access to all congressional candidates during elections — only then can the knot be severed.

If we are [in a culture war], it's probably because interests of the church are self insured.

Enough of the traditional emphasis on the supremacy of society persisted, if only as an influence, to insure avoidance of the atomism which has cursed our society.

If the compromise shifts the burden to insurance companies to pay the contraceptive costs and the religious - organization exceptions apply, this still leaves a number of self - insuring employers faced with being forced to purchase plans covering contraceptives.

In order to insure this richness of experience for his consequent nature, God therefore provides to each occasion that initial aim which, if actualized, would contribute maximally to this harmonious intensity.

We are keenly sensitive to the problems of childhood; we have thoroughly learned the proverb that just as the twig is bent the tree's inclined; we feel confident that if we can give a boy a good beginning we can insure him against a bad ending.

If you are one of those people, do not bother saying you are on the side of Good when indoctrination has insured that you have no freedom to make that judgment for yourself.

If nations continue to assert their independence of all higher authority, the end will be either war to the death (for all) or the emergence of a single dominant world power which will maintain by force the minimal order necessary to insure the survival of civilization.

The irony of this allusion is compounded if one knows that in the 1930s and «40s the Nazi Party allocated such tubs for every German home to «insure a minimum standard of hygiene.»