Sentences with phrase «part covers a policy holder»

Not exact matches

For example, Part B coverage only covers 80 % of costs, leaving policy holders having to cover the remaining 20 %.

As an aside, keep in mind that a significant part of the payment would go to the mortgage holder, if any, and that a homeowner's insurance policy almost never covers the part of the value of a home that is attributable to the land that it is build upon, rather than that building that was destroyed itself.

Split form liability has three parts, each of which provide a distinct area of protection to covered policy holders.

This is in stark contrast to the bodily injury portion of an auto liability policy, which only covers the expenses of the other driver (not the covered policy holder) and other passengers in the non-covered vehicle - but only in instances of liability on the part of the policy holder.

In a unit linked insurance plan there are two parts in the premium a client pays, the first part of the premium goes into covering the life of the policy holder and the second part goes into investments.

Some part of the premium paid is utilized to offer insurance cover to the policy holder while the remaining portion is invested in various equity and debt schemes.

A part of the premium paid is utilized to provide insurance cover to the policy holder while the remaining portion is invested in various equity and debt schemes.

A part of the premium goes towards life cover (mortality charges) and other policy charges (premium allocation, administration, fund management etc) and the remaining is invested in funds as per policy holder's discretion.

But unlike traditional policies, only a part of the premium is used to provide insurance cover for the policy holder; the remaining amount is invested in the funds as selected by the policy holder.

For a covered policy holder to have coverage on a part like that, they usually have to add a special endorsement at significant additional cost.

It covers the cost of automobile repair and replacement of damaged parts even if it is the fault of the policy holder, irrespective of the other party's liability insurance.

Part of the premium paid by you goes towards providing the insurance cover and the balance is invested in types of instruments desired by the policy holder.