Sentences with phrase «of claims to its policyholders»

Due to its strong financial standing, along with its timely payment of claims to its policyholders, Vantis Life Insurance Company has earned high ratings from the insurer ratings agencies.
Because it's on a firm financial footing and the company's timely payment of its claims to policyholders, Gerber Life Insurance Company has excellent ratings from the insurer rating agencies.

Not exact matches

This excludes the policyholder and their household, who would need to file a health insurance claim to cover the medical costs associated with an injury or pay out of their own funds.
Filing too many claims can result in increased cost of premiums and in some cases, even an insurance company to drop a policyholder.
As a policyholder, do not attempt to claim the personal property of a roommate if they are not listed on your renters insurance policy.
As a policyholder, you don't want to face years of higher property insurance rates because you had to file a claim due to your roommate.
Companies calculate risk based on a policyholder, the number of claims and their severity — how those came to be to is not relevant in their eyes.
If, however, a claim is challenged, policyholders should look to prior policies and claims, as well as internal insurance company documents, to establish the non-materiality of any alleged misrepresentation.
Every New Yorker who pays for home, auto or business insurance would foot the bill: In the event of PRI's demise, its unpaid claims would be paid by the state's insurance company guaranty fund, with the cost ultimately passed on to policyholders statewide.
And it is currently proposing to extend its education of policyholders, and the public at large, on measures which may help to reduce claims for weather damage.
The policyholder agrees to a voluntary excess figure when taking out the insurance, and it's added to the compulsory excess in the event of a claim.
If payable claims of policyholders exceed one billion dollars, we will pay for losses to policyholders of the insured writing company which are in excess of one billion dollars up to a maximum amount of ten billion dollars.
When the policyholder dies, it's frequently the burden of the beneficiary to provide proof of death and file a claim for the death benefit.
Homeowners and renters insurance policyholders can purchase an endorsement to increase the claim limit of the instrument category of their policy.
The easiest and fastest way to claim the life insurance death benefit is to look for the physical copy of the policy in the policyholder's records.
As a policyholder, you are entitled to have visits from three different claims adjusters and you can also file appeals with the Department of Insurance (DOI) in your state, or hire a lawyer to argue your case.
It's in the insurance company's best interest, your best interest, and the best interest of all policyholders to make sure that any liability claim against a policy is properly defended.
Scores and the frequency of claim filings are related so insurance companies use the information to determine the appropriate cost of the premium each policyholder owes.
Liability coverage generally includes defense costs, as well, and most policies pay those without regard to the policy limits because it's in the best interest of you, the company, and other policyholders to prove the liability claim before paying it, in order to avoid large settlements for false or frivolous claims.
The insurance company has a duty to defend you, in order to reduce the amount paid on liability claims and to protect all their policyholders and the financial strength of the claims reserves.
They're 100 % willing to pay a legitimate claim — that's what they contracted to do, of course — but your insurer wants to make sure they pay only legitimate claims, in the interest of the company and of all the other policyholders of that company.
Making a home more secure mitigates the risk of something happening to it and reduces the likelihood of the policyholder needing to filing a claim - that is what is most important.
This excludes the policyholder and their household, who would need to file a health insurance claim to cover the medical costs associated with an injury or pay out of their own funds.
Remember that the insurance company has an obligation to all of their policyholders to ensure that only legitimate claims are paid and at the correct levels.
The ability of the company to cover insurance claims, and the ease of the process when the policyholder makes a claim, are also very important.
Every policyholder's situation is unique, so the answer to this depends on the circumstances of your claim.
As a policyholder, you don't want to face years of higher property insurance rates because you had to file a claim due to your roommate.
Not all mechanisms to deter thieves qualify policyholders lower rates, but they might increase a bike's security and reduce the likelihood of an owner having to file an insurance claim.
Regardless of the relationship between two roommates, the policyholder is the person with something to lose if a claim must be filed.
They usually hire outside counsel to administer the examination, during which they ask the policyholder questions and ask them to bring forward documents and receipts proving ownership of the property claimed.
As a policyholder, do not attempt to claim the personal property of a roommate if they are not listed on your renters insurance policy.
Filing too many claims can result in increased cost of premiums and in some cases, even an insurance company to drop a policyholder.
Companies calculate risk based on a policyholder, the number of claims and their severity — how those came to be to is not relevant in their eyes.
On paying the claim, their policyholder transfers their right of recovery to the company.
To file an earthquake insurance claim, policyholders should call their insurance provider and notify them of the event and any visible damages.
However, a policyholder who lists a roommate on their insurance is leaving him or herself susceptible to the consequences of a roommate's claim.
Policyholders can not file a claim for the cost to exterminate bed bugs and damages caused by the insects (such as replacements of mattresses or other belongings).
That's because a policy for each roommate means that your coverage limits remain your own and that checks for claim payment are made to the policyholder rather than to both of you, or to the roommate who bought the policy.
The primary purpose of the option is to protect the policyholder against sudden increases in materials or construction costs, which can occur when many claims in an area are made.
Moody's insurance financial strength ratings are opinions of the ability of insurance companies to pay senior policyholder claims and obligations.
7) As I suggested regarding ACA Capital Holdings, they ended up owned by their policyholders, who get an equitable interest in the assets of the company, though not enough to settle their claims.
In just the past five years alone, the member life insurance carriers of AIG have cumulatively paid out more than $ 40 billion in benefits and claims to its individual and business policyholders.
The investment strategy must enhance the ability to grow their insurance business and meet all of their policyholder claim obligations.
The California Department of Insurance offers this low cost service to any auto policyholder that has comprehensive and collision coverage and needs a mediator to help negotiate a disputed claim.
In 2014, VPI policyholders spent more than $ 12.2 million on dental conditions and procedures, the fourth most common type of claim submitted to the company last year and an eight percent increase from the previous year.
More companies are likely working on a similar app to make the filing of claims easier which will allow policyholders to get their reimbursements much quicker.
Designed to work with Apple and Android mobile devices, the app also allows policyholders to read explanation of benefit documents, sign up for direct - deposit claims reimbursement and find local veterinarians.
Traditionally, most companies apply the deductible first and then the copay when determining how much to reimburse the policyholder for a claim, but Petplan is one of several companies that applies the corresponding copay (30 %, 20 %, 10 %) before the deductible.
You can download a claim form here, or you can download a claim form in the policyholders section of our website or call us at 855.266.2151 to have one sent to you.
«Co-Pay» and «Co-Insurance» are terms that refer to a sum that the policyholder must pay towards the cost of their insurance claim.
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