Sentences with phrase «optional provision»
Optional provisions include the listing of guarantors of the loan and references regarding past credit transactions.
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Under an optional provision of President Obama's health reform law — which only New York and Minnesota have chosen to exercise — the federal government pays most of the cost.
Finally, long - term care riders are optional provisions you can add to your policy that allow you to access funds to pay for long - term care services.
North Carolina also has some optional provisions for your Articles of Incorporation.
To provide flexibility respecting the challenging issues discussed above, the definition includes optional provisions, enclosed in brackets.
Accelerated death benefit - An optional provision in a life insurance policy that provides for a specified percentage of the death benefit to be paid prior to the insured's death in the event a doctor certifies that the insured's life expectancy is limited (usually 12 months or less).
An optional provision in a life insurance policy (such as our Quality of Life Insurance) that allows a specified percentage of the death benefit (less than 100 %) to be paid prior to the insured's death, if a doctor certifies that the insured's life expectancy is limited (usually 12 months or less).
A child rider is an optional provision you can add to your life insurance that would extend coverage to your child.
An optional provision on a life insurance policy that provides a small amount of coverage on the lives of the primary insured's children.
You may choose to limit or expand your life insurance coverage for term insurance or permanent insurance policies through the use of policy riders, which are optional provisions that can be added to your original life insurance policy for an additional premium.
An optional provision that places a time limit up to two years on a company's right to deny payment of a claim because of suicide or a material misrepresentation on your application.
Article 80 (2) of the GDPR offers EU member states an optional provision allowing for collective redress for consumers via third parties, such as consumer privacy groups acting independently and lodging data protection complaints on consumers» behalf.
Hearings and the organization and procedures incident thereto shall be governed by the Code of Ethics and Arbitration Manual of the National Association as adapted to conform to the provisions of applicable state law and the optional provisions adopted by the Professional Standards Administrator and Chairperson of the panel's Board.