The state
of policy paralysis in India has hurt the general insurance industry significantly, says managing director and chief executive officer of HDFC Ergo, Ritesh Kumar.
A period
of policy paralysis ended with Lord Falconer, then lord chancellor, losing patience with the LSC over spiralling criminal costs of crime.
Black List Author Jim Prall: Climate Depot's Morano Helped bring «a couple of decades
of policy paralysis and delay»
Yet there appears to be a growing risk
of policy paralysis, with European politicians voicing positions that are strongly and publicly opposed by Europe's central bankers.
Not exact matches
If
policy paralysis does prevent this, or if some form
of debt restructuring is agreed, we share the ECB's fears about the effects on markets.
The major weakness
of a democracy is its
paralysis in foreign
policy before a determined foe.
In some areas
of policy - making, it is now likely to be entirely
paralysed — with a PM unwilling to change course, but unable to win the argument.
This year was also to be the start
of a new post-Kyoto treaty, but that effort was stillborn by the continuing
paralysis of U.S.
policy making.
And we need to take a serious look at reforming the fundamental governance structures
of our most troubled school districts, where politics has created
paralysis and an absence
of accountability and clear
policy direction.
With the
paralysis of the climate treaty process and American legislation capping greenhouse gases, a direct focus on energy innovation as a climate, economic and security strategy is gaining some traction in
policy circles.
There is a path toward action that can avoid the
paralysis around the cap - and - trade concept that has become the best friend
of stasists seeking status - quo energy
policy.
Dr Otto concludes: «At a crucial time for climate negotiations, the proposed index offers a transparent and accountable method
of evaluating climate
policies that deals with the remaining uncertainty
of the climate response, which has so far had a
paralysing effect on climate change
policies.»
Critical illness insurance definition: a type
of health insurance
policy that pays out a lump sum cash benefit payment for a qualifying condition, such as cancer,
paralysis, heart disease and stroke.
This
policy covers death by accidents, (not natural causes) and dismemberment, and generally pays for the loss
of certain body parts such as loss
of a limb, eyesight and
paralysis.
A common example
of this kind is a critical illness plan that comes with a one - time benefit in case the insured person suffers from any illness specified in the
policy, such as
paralysis, heart attackor cancer.For instance, a hospital cash
policy gives daily cash benefit up to a pre-defined limit for all the span
of timethat insured person is hospitalized.
An AD&D
policy also covers dismemberment (partial or total loss
of a hand, arm, or other body part) as well as
paralysis and the loss
of sight, speech, or hearing.
Typically, the AD&D
policy pays a percentage for the loss
of a limb, partial or permanent
paralysis, or the loss
of use
of specific body parts, such as the loss
of sight, hearing, or speech.
However, critical illness
policies pay a lumpsum amount irrespective
of hospitalization in case
of critical illnesses like heart attack, cancer and
paralysis, to name a few.
It contains what are called «Living Benefits» which will pay out a portion, if not all,
of the overall death benefit in the event
of a «qualifying» catastrophic injury — the dismemberment portion
of the accidental death
policy, which covers loss
of limb and
paralysis.
For example, their Saver's Bridge Short - Term Medical
policy allows up to $ 2 million in lifetime benefits while the Critical Illness
policy offers a lump sum benefit if you happen to be struck down by multiple sclerosis, cancer,
paralysis, deafness, blindness, stroke, major organ transplant, coronary artery bypass (only a certain percentage
of the value), or a heart attack.
Some accidental death insurance
policies pay between 25 % and 50 %
of the
policy amount for partial or complete
paralysis.
Insured is eligible for the Lumpsum amount if diagnosed with any
of the 10 listed critical illnesses which are (Cancer, Coronary Artery Bypass Surgery, First Heart Attack (Myocardial Infarction), Kidney Failure, Major Organ Transplant, Stroke, Aorta Graft Surgery Primary Pulmonary Arterial Hypertension, Multiple Sclerosis with Persisting Symptoms, Permanent
Paralysis of Limbs) in the
policy contract.
Typical conditions covered by an individual critical illness insurance
policy are: cancer, stroke, heart attack, Alzheimer's disease, aortic surgery, aplastic anemia, bacterial meningitis, benign brain tumour, blindness, coma, coronary artery bypass surgery, deafness, heart valve replacement, kidney failure, loss
of independent existence, loss
of limbs, loss
of speech, major organ failure on waiting list, major organ transplant, motor neuron disease, multiple sclerosis, occupational HIV infection,
paralysis, Parkinson's disease, and severe burns.
Sunlife example: you can choose between a
policy covering 4 illnesses: Cancer, Heart attack, Stroke, and Coronary artery bypass surgery, and a
policy including over 20 illnesses including such ones as Parkinson's disease,
Paralysis, Aplastic anemia and even loss
of limbs, loss
of speech, blindness to name a few.