Sentences with phrase «paying valid claims»

The insurance company has an obligation to ensure that they're only paying valid claims, for the good of all policyholders.

The insurance company pays for that lawyer because it benefits you, the company, and other policyholders to make sure they're only paying valid claims.

However, it says it will continue its policy of paying valid claims for overseas transactions.

However, if your insurance company does not uphold its responsibilities — including defending your company, indemnifying you and paying valid claims — you may be forced to take legal action to obtain the benefits your policy was meant to provide.

Exxon is «paying all valid claims relating to the spill and providing interim housing for people from the homes which the city of Mayflower recommended be evacuated following Friday's spill.»

The insurance company pays for that lawyer because it benefits you, the company, and other policyholders to make sure they're only paying valid claims.

«We have to pay valid claims under existing contracts,» said Budget Division spokesman Erik Kriss.

In fact, MIs have paid all valid claims, with nearly 97 % paid and the remainder due over time.

$ 100,000 collected from insurance companies for failure to pay valid claims for reasonable surgical bills.

We hold negligent parties accountable for their actions, whether they let dangerous property conditions cause an injury or whether an insurance company fails to properly pay a valid claim in good faith and a timely manner.

On the other hand, as the very public debate about BP's claims handling brings to light, there has to be a balance between the consumer's right to compensation and the insurer's right to only pay valid claims.

Insurers must pay valid claims to satisfy their customers, while also ensuring they pay only valid claims to satisfy their shareholders.

As a policyholder, you expect your insurer to promptly pay any valid claim you file.

In exchange for making premium payments over a period of (x) amount of years (x being the length of the term), the life insurance company provides financial protection on the life of an insured person and is legally bound to pay any valid claim upon death of the insured person.

Liability Insurance coverage is mandatory in all states because it pays valid claims from damages to other persons, others» cars and properties.

At Term Life Advice, we only work with reputable companies that have never failed to pay a valid claim.

Traditional life insurance companies go the extra mile to pay every valid claim filed simply because it's bad business to be know as a company that doesn't pay.

Not exact matches

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

You would have to establish that the total tax paid by the election winning voters was more than the total tax paid by the election losing voters to make any valid claim about taxes paid and policy preferences.

Personally, I think the fact that the student had to get solicitors involved to get Labour to pay his expenses is appalling (assuming his claim was valid), as is the fact that he has still only received a partial payment.

R25 000 funeral benefit to be paid out to your beneficiary / ies 48 hours after a valid claim has been submitted **

The insurance company has a duty to investigate a claim to make sure that it's valid before paying it.

Your policy ends once a valid claim has been made and a cash sum paid out.

For customers, this indicates that the underwriters» inability to pay policyholder claims is a valid concern.

It's also important to note that defense coverage — the insurance company paying for your defense — applies whether or not the claim is valid.

They would pay for valid claims and they would fight exaggerated claims.

That check, however, is not the same as one that says «pay to the order of,» which is what the residents of the Gulf States with valid claims are looking for.»

In his best post to date, Marc Mayerson explains FEMA's latest stunt: «to authorize not paying valid [insurance] claims until Congress appropriates more funding.»

The judge in the case ruled that the defendant should pay for the premiums because it was in the interests of justice for plaintiffs to be able to pursue valid claims without fear of a large adverse costs award.

Insurance companies are legally required to act in good faith and pay out on the valid claims you submit.

Bad faith means more than just refusing to pay out on a valid claim.

In 2008, the FC found that Servier's patent claiming perindopril was valid and infringed by Apotex, and subsequently ordered Apotex to pay a combined total of $ CAD 61 million plus interest, representing Apotex's profits from its Canadian and export sales.

(7.1) For the purposes of this section, clause 45 (1)(g) of the Limitations Act, as it read immediately before its repeal, applies to a claim respecting amounts paid to the Crown or to another public authority for which it is alleged that no valid legal authority existed at the time of payment.

• Offer substantially less compensation to the RI injured victim than the value of the claim • Refusal to pay any compensation of a valid negligence and injury claim including wrongful death, RI slip and fall and Providence construction accident claims • Refuse a legitimate or reasonable request for documents, pictures or evidence they have compiled.

We have never paid a penny to a claimant who did not have a legally valid claim to one of our client's settlements or judgments.

Insurers have been known to deny valid claims, and they will often suspend or terminate benefits when they think that they have paid enough.

The only issue before the Court of Appeal was whether the CFAs, standing alone, provided a sufficient basis on which to rest a valid claim to recover from the paying party a share of the costs incurred by Burroughs Day on behalf of a large group of clients.

Having already concluded that the settlement offer was not one which ought to have reasonably been accepted, it is evident that an order requiring the plaintiff to either pay the well - funded defendants» costs, or in the alternative denying the plaintiff her costs, from September 20, 2016 onwards, would result in a pyrrhic victory and could have the effect of discouraging plaintiffs from pursuing valid claims.

Realizing they had a client who was extremely unhappy with their lack of strategy and performance, and increasingly likely to stop paying their bloated bills, they disingenuously attempted to convince him to give up his valid claims by finally providing a budget deep into the litigation.

If the contractor successfully proves that the paying party failed to issue a valid notice the contractor will be awarded the sum claimed in its application.

A «smash and grab» adjudication is where a contractor claims the sum due stated in its interim application on the basis that no valid payment notice or pay less notice has been issued by the paying party.

As a final note, at the end of the first two policy years, life insurance policies are considered «incontestable» and death claims are generally paid within two weeks of proof of death and a valid death claim form.

Many insurance companies won't pay claims if the driver's license isn't valid at the time of the crash.

After this incident I've read up on these guys on the net, and I now believe they will deny ANY claim made no matter how valid and delay in any way they can before paying up.

They found our claim valid enough to pay our hotel costs, but not our flight expenses for the return trip.

Cushion yourself against financial pressure with funeral insurance from Hollard that protects you and your loved ones with a lump sum paid within 48 hours - provided we've received all the required documents and your claim is valid.

There have been cases where clients have paid premiums for years thinking they have valid insurance, but when they have a claim, they are told that they are uninsurable and the claim is denied.

Worst experience ever trying to get paid on a valid claim.

Benefit upto 40 % of the compensation paid in settlement of a valid claim under the plan or 20 % of the relevant sum insured, whichever is lesser.

They have agreed that my claim is valid but sometimes they tell me that my claim has been paid.