Sentences with phrase «of the insured»

The insurance cover amount is payable to the nominee in case of death of the insured person during the term of the policy.

Some of the policy also offers accidental death benefit rider in case of accidental death of the insured person on top of the death benefit.

The entry age is the age of the insured person at the beginning of the insurance policy.

They are also able to provide estimation of costs of insuring a person through instant car insurance quotes that can be taken online.

Unlike term life insurance, which must be renewed from time to time, permanent life insurance lasts for the entire life of the insured person.

In case of death of the insured during the tenure of the plan, all future premiums are waived off and the plan continues.

Comprehensive insurance plan: Insurance plan where the risk of the insured vehicle as well as the third party property is covered is comprehensive plan.

In the event of the demise of the insured person in hospital whilst under treatment, a fixed amount is paid towards children's education fund.

In the event of an insured driver's death, dependents may receive up to that amount per month for up to three years as well.

You can use uninsured motorist property damage to cover damage to or total loss of your insured vehicle, up to the limits that are stated in your policy.

(1) The insurer shall pay a funeral benefit in respect of an insured person who dies as a result of an accident.

In many cases, insurance companies will take over and act on behalf of their insured driver.

Most insurers also pay a premium on behalf of an insured individual in case the policyholder dies.

A comprehensive term insurance plan intended to provide financial assistance to the family of insured life, in the event of sudden demise and that too at an affordable premium.

Insurance cover is provided for death of the insured member and has attractive premium rates.

Policy costs are based on the age, gender, lifestyle and health of the insured as well as the length of the guaranteed level term period.

Also, if one person is significantly older than the other, you will be paying a premium that is an average of the ages of the insured individuals.

Under insurance: If actual value of insured property at the time of loss under fire benefit is greater than the sum insured opted then the claim is reduced in the same proportion.

The insurance premium price depends on the opted coverage, the number of insured family members, the selected sum assured and the eldest member's age.

* We also recommend adding business interruption coverage to maintain cash flow in the event of an insured loss.

The premium is fixed and won't increase during the lifetime of the insured person as long as premiums are paid as agreed, for the entire time the policy is in force.

The secondary beneficiaries will receive 100 % of the payout if at least one is remaining at time of the insured death.

The owner of the policy takes out the contract, called a policy, on the life of the insured for the benefit of a beneficiary.

The no - fault system is when car insurance companies must pay the expenses of insured drivers regardless of who was at fault for the accident.

Life insurance premiums depend on the age of the insured party.

Variable minimum premium for plan 1: Depends on the age, gender, sum assured and smoking habits of the insured..

If the driver's name is different from the name of the insured, establish what the relationship is and take down the name and address for each individual.

As the owner of the policy you have complete control over the policy regardless of the insured.

The pricing varies on the age of the insured at time of the policy's purchase.

The statement represents an agreement between you and your insurer that the values you have listed are the actual values of the insured property.

Along with this, the dependent children of the insured while living at home may also be included.

The third party liability coverage is limited to only third parties on the road while the comprehensive coverage extends to the vehicle of the insured as well.

A demand on the part of an insured policy holder against a loss covered by their renters insurance policy.

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

This means that, as long as the policy's premium is paid, the coverage will remain in force for the remainder of the insured's life.

This plan covers 100 percent of the insured trip cost in the event of a cancellation for a covered reason.

The plan provides protection for properties, electronic and domestic appliances and the interests of the insured individuals together with the family members.

The premium will depend on the attained age at start of policy year, gender, the amount of insured death benefit, occupation class and health of the member.

We could define the split between «investment - grade» and «high - yield» debt based on the cost of insuring against default for the next five years.

In case of accidental permanent total disability of the insured person, the policy continues to collect any guaranteed additional and vested bonus.

Some drivers may want to consider carrying higher limits; any damage not covered by the policy will be the responsibility of the insured driver.

He has a unique way of insuring rental property that makes it easy.

Typically family members are included in the definition of insured by the company.

This bonus amount is also paid to the nominees of the insured in case the unfortunate comes to pass.

Mortgage lenders don't carry enough of the risk of insured mortgages and, as of today's announcement, this could soon change.

These are payable on maturity of the policy, with basic sum assured or on earlier death of the insured with sum assured on death.

The exclusions are minimal, and are things like intentional acts of the insured and industrial exhaust.

In summary, property managers and the insurance industry can drastically improve the number of insured renters by working to facilitate ease of access, education, and affordability.