Sentences with phrase «part of the insurer»

As the cash value increases, the insurance company's risk decreases as the accumulated cash value offsets part of the insurer's liability.

The company also made waves as part of the insurer exodus from the individual insurance sector (including Obamacare marketplaces), which led to almost $ 700 million in losses between 2014 and 2016, according to Aetna.

Ritesh Kumar, the Chief Executive Officer and Managing Director of HDFC ERGO General Insurance Company said that this union is a significant landmark for the company as bancassurance forms an imperative part of this insurer's growth plan.

«There's been a strong trend for health organizations to want to broaden their footprint, especially on the part of insurers to get more direct contact with the individual,» said Dr. John W. Rowe, a former hospital and insurance executive who is a professor of health policy at Columbia University.

392 Despite anything in this Act, any person may insure against fire any property situated in Ontario in an exchange not licensed under this Act, and any property so insured or to be insured may be inspected and any loss incurred in respect thereof adjusted, if such insurance is effected outside Ontario and without any solicitation in Ontario directly or indirectly on the part of the insurer.

(a) any benefit under this Regulation that is paid to the person as a result of an error on the part of the insurer, the insured person or any other person, or as a result of wilful misrepresentation or fraud;

The trial judge found no bad faith on the part of the insurer, but awarded Ms. Fidler aggravated damages of $ 20,000 for mental distress resulting from Sun Life's breach of the group disability contract.

Insurance companies can sometimes render payments or portions of payments while litigation is pending, and courts have held this fact can not be used as a concession of liability on the part of the insurer.

These provisions created a contractual right on the part of the insurer to settle after a judgment without obtaining the doctor's consent.

In long - term disability actions, it should compensate for mental distress that arises from humiliating or oppressive conduct on the part of the insurer.

If the condition of your home is questionable and allows objections as to its being unfit for living, it can trigger reluctance to reimburse you for your living expenses on the part of the insurer.

When you purchase any personal insurance policy, you pay regular premiums in exchange for an agreement of financial protection on the part of the insurer.

The insurer may be able to make an application to the police to obtain the information, but this requires them to pay fees and devote resources to the case, which is part of the insurer's cost of a claim.

On the part of the insurer, premium signifies a proportionate value of the replacement cost needed in case the car gets stolen or is totaled in an accident.

Since the paperwork doesn't require as much data collection on the part of the insurer, you will tend to get your policy much more quickly than otherwise.

Being a well regulated market through IRDAI with multiple grievance handling mechanisms in place, the general public believes that all the contractual obligations on the part of the insurers are reasonably guaranteed / protected in the best interest of customers.

On the part of the insurer, this difference springs not from the biasedness but a precise calculation that proves that behind wheels, men are a riskier deal for the insurance company than women.

As is the case in the health segment, insurers offer cashless motor insurance, too, provided you choose to go to a garage that is part of the insurer's network.

On the part of the insurer, it's only appropriate to reflect these additional charges to your premiums to protect their interest.

However, these policies generally cost more since they require more risk on the part of the insurer.

Many of these indicators are common sense type things, but others require some additional investigating on the part of the insurer.

It is thus advisable to check if the best hospitals in your locality are a part of your insurer % u2019s network, to ensure that you can avail cashless treatment.