Sentences with phrase «paid by insurer»

It can result in huge insurance claim costs paid by your insurer and consequently, your premiums going up.

· Save - n - Gain Benefit - Under this option, the Sum Assured is paid immediately on Death or Diagnosis of any of the Critical Illnesses mentioned and 50 % of the future premiums are paid by the insurer towards the Fund such that the entire Fund Value is paid to the beneficiary when the policy matures.

· Save Benefit - Under this option, the Sum Assured is paid immediately on Death or Diagnosis of any of the Critical Illnesses mentioned and 100 % of the future premiums are paid by the insurer towards the Fund such that the entire Fund Value is paid to the beneficiary when the policy matures

Credit card charges are always paid by the insurer.

The costs paid by the insurer depend upon the kind of insurance you buy and the deductible.

Death Benefit: In the event of unfortunate death of the policyholder, the sum assured in the form of death benefit along with accrued additional bonuses is paid by the insurer.

PAC is deducted upfront from the premium paid by the insurer on a yearly or monthly basis, depending on the company and your premium paying frequency.

Before buying an insurance policy, you have to go through a medical checkup, the cost of which is paid by the insurer.

The value paid by the insurer to the policy holder at the time of termination of the Insurance policy.

The full sum assured is paid by the insurer if the policyholder dies before the maturity or if the policyholder survives the policy term.

There may be a loss of income because of the illness, so the lump sum amount paid by the insurer can be used for numerous purposes by the insured, such as: primarily to get the treatment for the illness, for recuperation purposes like buying recuperation utilities, to pay off any loans or debts, to manage household expenses, etc..

The amount paid by the insurer at this time is known as the maturity claim.

Typically a Life Settlement broker can sell your policy to investors for a much higher price than the cash surrender value paid by the insurer.

What makes a child ulip plan with a waiver of premium rider unique is on your (life assured) death, all future premiums are paid by the Insurer (Life Insurance Company).

However, if the parent i.e. the Life Insured dies within the policy tenure, the nominee or the child would receive the Sum Assured as Death Benefit and the future premiums would be paid by the insurer such that the Fund Value is paid as the Maturity Benefit to the nominee when the policy matures.

It is a portion of the claim amount that the insured agrees to pay and the remaining claim amount is then paid by the insurer.

Surrender Value is paid by the insurer in case the policyholder wants to terminate the policy before its maturity.

A C.L.U.E. Property report includes the policyholder's name, date of birth, policy number and claim information, including date and type of loss and amounts paid by an insurer.

As the policyholder of Tata AIG you can seek medical treatment at any of these network hospitals in Ahmadabad and expenses will be paid by the insurer directly to the hospital.

If the aggregate benefits are lower than the total premiums paid, the deficit is paid by the insurer

In this situation, he will pay Rs 1,08,000 of this bill and the rest will be paid by his insurer.

A partial premium amount is paid by the insurer while the rest amount is paid by the members of the group.

Let's say if your policy mentions 50 % of sum insured will be given towards permanent partial disability and if your policy offers Rs. 10 lakh coverage, then Rs. 5 lakhs will be paid by the insurer in case of an insured While in case of permanent total disability, the insurer will pay Rs. 10 lakhs as total loss cover.

Your medical expenses will be paid by the insurer directly to the hospital.

It means that a part of your health care expense is paid by you and another part will be paid by the insurer.

On death of the policyholder, the future premiums are waived off and are paid by the insurer while the base plan continues

Therefore, the amount paid by the insurer could be a lot more than the premium paid in a Life Insurance policy, primarily because protection is the chief objective of the plan.

The rest 90 % will be paid by the insurer.

If you get yourself admitted in any of Star Health's network hospitals in Ahmadabad, medical treatment will be paid by the insurer directly to the hospital.

The receipt of the premium paid by the insurer is the proof of the policy holder's commitment towards utilizing the benefits of the plan.

With a critical illness insurance cover, the amount paid by the insurer has no relation to the expenses incurred.

If you are hospitalized and your treatment expense is Rs. 5 Lakhs, the expenses of Rs. 3 Lakhs would be paid by your insurer.

In these cases fault will still be determined and the usual practice is that the victim of the incident will be paid by their insurer but their premiums will remain the same, while the party at fault will be paid by their insurer but will be charged a higher premium in future as they represent a higher level of risk.

Remember, the insurance professional you choose to do business with is paid by the insurer and not by you.

Policy Owner: Premiums paid by the policy owner are normally not deductible for federal and state income tax purposes, and proceeds paid by the insurer upon the death of the insured are not included in gross income for federal and state income tax purposes.

The funds paid by the insurer would take care of your financial goals in your absence.

Depending on the chosen plan, a fixed amount is paid by the insurer — either per visit or per day — that you are in the hospital.

It will be paid by your insurer and totally cashless for you.

Since the CLUE data reveals the type of insurance claim, the reason for it, and the amount paid by the insurer, insurance actuaries will be able to mine that data and develop other exposures, such as behaviors, to use for setting insurance rates.

Paid - up Value is the reduced amount of sum assured paid by the Insurer, in case the Insured discontinues payment of premiums.

An Average Adjuster in North America is a «member of the association of Average Adjusters» To insure the fairness of the adjustment a General Average adjuster is appointed by the shipowner and paid by the insurer.

The tax will, however, be paid by the insurer or the mutual fund, and not the policy holder or mutual fund subscriber.

Sum insured The sum insured is the amount paid by the insurer in the event of a claim by the policyholder.

All the future premiums are then waived off and paid by the insurer.

So long as he is disabled, the policy premiums are paid by the insurer, and the death benefit can not lapse.

Certain insurance policies also cover death due to an accident or illness, where the cost for transferring the deceased person back to their country is paid by the insurer.

A deductible, copay or out - of - pocket expense is a dollar amount that is to be paid by the insurer at the onset of a visit or procedure.

If your bike is stolen, or so extensively damaged due to an accident that a repair is not possible, the IDV is paid by the insurer as compensation.

Your medical bills will be paid by insurer directly to the hospital.

Customers pay as much as their pocket allows and leave the bigger part to be paid by the insurer.