Sentences with phrase «payable by the insurer»

It is also important to highlight that for amounts payable by insurers on account of fees, payable under Sections 251) 3) 4) and 5 the relevant date appears to be the date of invoice and not whether the services were rendered before or after September 1, 2010.

(1.5) A continuing periodic amount payable by an insurer in accordance with the Statutory Accident Benefits Schedule shall not be reduced by the operation of the indexation percentage referred to in subsection (1.4).

(a) every continuing periodic amount payable by an insurer as an income replacement benefit, education disability benefit, caregiver benefit or loss of earning capacity benefit in accordance with the Schedule shall be revised, effective the 1st day of January in every year after 1994, using the indexation percentage published under subsection 268.1 (1); and

determined to be payable by the insurer on the resolution of a dispute in accordance with sections 279 to 283 of the Act.

Any average person applying for this additional insurance coverage would understand a «policy of insurance» to mean an optional, private insurance contract and not a mandatory statutory scheme such as the CPP; so future CPP disability benefits do not reduce the amount payable by the insurer under the endorsement.

44.1 (1) Despite any other provision of this Regulation, if a benefit that would otherwise be payable by an insurer is payable in respect of an expense for goods or services specified in a Guideline issued for the purposes of this section, an insurer to whom the Guideline applies shall not pay the benefit unless an invoice for the expense, in the form approved by the Superintendent and including all of the information required by the form,

determined to be payable by the insurer on the resolution of a dispute described in subsection 280 (1) of the Act.

(3) For the purpose of section 51, the amount payable by an insurer under an invoice is not overdue and no interest accrues on it during any period during which an insured person fails to comply with subsection (2).

In its recent decision in Williams v. Canales 2016 BCSC 1811, the BC Supreme Court held that the costs payable by an insurer who wrongfully denies coverage to its insured are on a special costs basis.

And the insured amount is payable by the Insurer at the end of a specified number of years or upon the death of the Insured, whichever is earlier.

It is the amount payable by the Insurer to the Insured / Beneficiary in the event of a claim arising.

The clause in the Insurance Contract that defines that no death benefits will be payable by the Insurer, in case the Insured commits suicide during a specified initial period, usually in the first year of the policy.

The upper limit of charges has been fixed at Rs 60 for e-Policy Issuance (New policy) payable by the insurer to IR and Rs 40 for e-Policy Conversion (of existing policy).

The surrender value payable by the insurer will be considered as an income in the year of receipt and it is taxable as per your current income tax bracket rate.

Not exact matches

The exception is the first 90 days after an accident where, generally, 11 or 21 direct billed visits are payable by the section B insurer for WAD 1 or WAD 2 injuries respectively.

It is important to note that these benefits are above and beyond what is potentially payable by the at fault insurer.

(5) Where insurance money is by the contract payable to a person who has died or to his or her personal representative and such deceased person was not at the date of his or her death domiciled in Ontario, the insurer may pay the insurance money to the personal representative of such person appointed under the law of his or her domicile, and any such payment discharges the insurer to the extent of the amount paid.

(4) Benefits payable under this Regulation in respect of an insured person shall be paid by the insurer that is liable to pay under subsection 268 (2) of the Act.

(3) Failure to comply with subsection (2) does not relieve the insurer from any time limit established by this Regulation for the payment of the benefit, but the insurer shall determine the amount of the benefit on the basis of its best estimate of the income tax payable by the person under the Income Tax Act (Canada) and the Income Tax Act (Ontario), subject to later adjustment of the amount of the benefit when subsection (2) is complied with.

(3) Benefits payable under this Regulation in respect of an insured person shall be paid by the insurer that is liable to pay under subsection 268 (2) of the Insurance Act.

(9) Amounts payable under this section shall be paid by the insurer within 30 days after receipt of an invoice for the amounts.

By the time the costs of holding our insurer accountable come due and payable many auto accident victims are on their second or even third lawyer.

These changes reduce the amount of medical care payable by your auto insurer to $ 3,500 if you have suffered only a «minor injury».

At issue was whether OCGA 33 -32-4 (a) authorizes the insurer to issue a credit life insurance policy which covers the total amount payable over the term of the loan or limits the policy's coverage to the principal amount financed by the insured.

For instance, there is a statutory fixed sum (of # 11,800) for bereavement which is payable by the person who negligently caused the death (or his insurer), but only to fixed classes of claimant, including husbands, wives and children.

interest payable by an insurance company on benefits that should have been paid only starts when the injured victim files for mediation and not from when the insurer unfairly denied paying the benefits

Title Insurance We require an acceptable ALTA Loan Policy (or equivalent in Texas, Florida and California) issued by an approved national title insurer, insuring the Loan as a valid first lien on the security (unless another priority is specified in the loan commitment) without exception other than taxes not yet due and payable and such other exceptions as we approve.

It is the sum assured that determines the amount of premium payable by the policyholder to the insurer.

i) In respect of renewal premiums received up to 3.00 p.m. by the insurer along with a local cheque or a demand draft payable at par at the place where the premium is received, the closing NAV of the day on which premium is received shall be applicable.