Sentences with phrase «pay under your policy»

Even more importantly, liability coverage provides you a defense to claims that could be paid under the policy.

This applies to a claim that could be paid under the policy, even if the suit or claim is false, frivolous, or just plain ridiculous!

It also provides a defense against those claims which could reasonably be paid under the policy, if proven.

He was entitled to be paid under the policy at the rate of $ 3,000 per month, if he was unable to work as a bricklayer for two years from the date of his disability, and thereafter if he was unable to work at any occupation for which he was «reasonably suited by education, training or experience».

They paid nothing beyond the two years to which he was entitled to be paid under the policy, as a result of his being unable to perform the occupation of bricklayer.

A suit or claim which could be paid under the policy will be defended at the cost of the insurance company, rather than out of your own pocket.

If there's a lawsuit or a claim that could be paid under the policy, your policy will defend you against that suit or claim.

The court ultimately found that the term «benefit» must mean «proceeds paid under the policy.»

For any dispute or difference shall arise as to the quantum to be paid under Policy (liability being otherwise admitted) such difference shall independently of all other questions be referred to the decision of a sole arbitrator to be appointed in writing by the parties to or if they can not agree upon a single arbitrator within 30 days of any part invoking arbitration, the same shall be referred to a panel of three arbitrator, comprising of two arbitrator, one to be appointed by each of the parties to the dispute / difference and the third arbitrator to be appointed by such two arbitrators and arbitration shall be conducted under and in accordance with the provision of the Arbitration and Conciliation Act, 1996.

Sum Insured Enhancement - Sum Insured can be enhanced only at the time of renewal if no claim has been lodged / paid under the policy.

The federal, state and local taxation of benefits paid under this policy will depend on a variety of factors, including whether and to what extent the employee pays for this coverage and the extent to which such coverage is paid for on a pre-tax or after - tax basis.

In all cases, clients should carefully determine with their tax advisor the tax consequences of acquiring this policy, including the deductibility of premiums paid under this policy, the taxability of policy benefits and whether all applicable tax law requirements have been satisfied in each particular circumstance.

Even more importantly, liability coverage provides you a defense to claims that could be paid under the policy.

Even the cost of modification made in your house and vehicle for combating any Permanent Total Disability (PTD) or dismemberment caused due to accident is paid under this policy

If any top up premium shall be paid under the policy in which loan is availed of, the top up premium will be first adjusted towards outstanding loan and interest on outstanding loan, if any, and the balance available shall be invested in the fund (s) chosen by the policyholder after deduction of applicable charges.

It also provides a defense against those claims which could reasonably be paid under the policy, if proven.

Insurance cover ceases for the insured person if claim has been paid under the policy and the policy can not be renewed.

The premium amount paid under this policy qualifies for deduction Under Section 80D of the Income Tax Act.

Therefore, the Final Additional Bonus and the Simple Reversionary Bonuses, if any, must be paid under the policy on the maturity due date regardless of the survival of the Assured Life.

In case of unfortunate death of the life assured during the policy term, provided all the due premiums have been paid under the policy, the death benefit payable to the nominee shall be as follows

If the negotiation over claim settlement goes well, the next step is to ask the insurer to sign a written agreement saying that the reasonable claimed amount will be covered by the insurer and paid under the policy terms.

Tax Benefit: Tax benefit can be availed on the premium paid under this policy under section 80 c of the Income Tax Act.

Income Tax Benefit — Although, premiums paid under this policy are exempted from tax under section 80C, but the pension received will be taxable.

Premiums paid under this policy are eligible for tax benefits under section 80C & maturity benefit / death benefit / surrender value can avail tax benefits under section 10 (10D) of the IT Act, 1961.

Premiums paid under this policy, qualify for the tax benefits as per Section 80C and the death benefit qualify for tax benefits under section 10 (10D) of the Income Tax Act.

The aggregate limit is the most your insurer will pay under your policy for damages or settlements arising from your products and / or completed operations.

This means that the injured person's medical expenses are paid under your policy without a lawsuit.

Premium paid under these policies are tax deductible under Section 80C.

The policy limit is the maximum amount an insurer will pay under a policy for a covered loss.

Sure, the policy will pay a claim if it comes to that, but the insurance company also has a duty to defend you against suits that could be paid under the policy, even if they're ridiculous, frivolous, or otherwise invalid.

Total premiums paid for base policy refers to the total annualised premium paid under the policy.

Your policy will be terminated and no further benefits will be paid under the policy after we have paid you the surrender value.

The Maturity Sum Assured for this para will be the Maturity Sum Assured corresponding to the term for which premiums have been paid under the policy.

That total number is the absolute most that the company would pay under that policy.

Tax benefit - Premiums paid under the policy are exempted from tax under section 80C and the benefits received under the policy is exempted from tax under section 10 (10D).

This applies to a claim that could be paid under the policy, even if the suit or claim is false, frivolous, or just plain ridiculous!

Premiums paid under this policy and riders opted is eligible for tax benefits.

The premiums paid under this policy can avail tax benefits under Section 80C and the policy benefits are eligible tax benefits under Section 10 (10D) of Income Tax Act.

Premiums paid under this policy, qualify for tax benefits under section 80C and the death / maturity benefit qualify for tax benefits under section 10 (10D) of the Income Tax Act, subject to change in tax laws.

Premiums paid under this policy is eligible for tax benefits under section 80C and the policy proceeds can avail tax benefits under section 10 (10D) of the Income Tax Act, 1961.

Premium paid under this policy is eligible for tax benefits under section 80C & vesting benefit as applicable under section 10 (10A)(iii) of the Income Tax Act, 1961.

The premiums paid under the policy is eligible for tax deduction under section 80C and the policy proceeds can avail tax exemption under section 10 (10D) of the Income Tax Act, subject to change in tax laws.

Premium paid under this policy is eligible for tax benefits under section 80C, Premium paid for Critical Illness Rider under section 80D, & surrender / maturity / death benefit can get tax benefits under section 10 (10D) of the IT Act, 1961.

The premiums paid under this policy can avail tax benefits under section 80C and the benefits received are also eligible for tax benefits under section 10 (10D) of the Income Tax Act, 1961.

Premiums paid under this policy, qualify for the tax benefits as per Section 80C and the policy proceeds qualify for tax benefits under section 10 (10D) of the Income Tax Act.

Appraiser — The person who evaluates the damage caused by an accident or other covered loss and determines the amount to be paid under the policy terms.

Not exact matches

Under the new policy, all new - parent employees are eligible for six weeks of fully paid time off.

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

Deferral of an incentive compensation award paid in cash under this Policy shall be made pursuant to the provisions of the Company's Deferred Compensation Plan.

In 2013, FHA revised its mortgage insurance premium policy so that all new FHA mortgages with down payments under 10 % have to pay mortgage insurance premiums for the whole loan term.