Sentences with phrase «payment to the insurance company»

With a deferred annuity, you make regular premium payments to an insurance company over a period of time and allow the funds to build and earn interest during the accumulation phase.
Look for payments to insurance companies, they typically require a policy number on cancelled checks or transfers.
Most people know that a life insurance policy pays out a lump sum amount in exchange for a stream of payments to the insurance company.
You agree to make consistent payments to your insurance company in exchange for coverage on a specific piece of property.
Other basic ways to save on your electric car insurance is to make less frequent payments to the insurance company.
Insurance is a way for consumers to protect their possessions and themselves from the risk of loss by paying a relatively low annual payment to an insurance company.
The best way to increase surrender value faster than by making premium payments in a timely manner is to make greater payments to the insurance company.
In the distribution phase, you do not need to make any further payments to the insurance company.
The agreement provides that in return for timely premium payments to the insurance company, the company will provide a specified death benefit upon death of an insured.
Probably, in your country, the agents collect money from the customers and make payments to the insurance companies.
You can call the insurance company, or tell your bank to stop authorizing automatic payments to the insurance company.
A number of prominent GOP Senators, including Sen. Bill Cassidy, are sounding a defiant note on President Trump's proposal to end Obamacare payments to insurance companies — payments that help reduce the deductibles and out - of - pocket costs paid by low - income Americans who purchase a mid-level «Silver» plan in Obamacare's markets.
Premium is a regular payment to an insurance company needed to purchase a Life Insurance policy and to keep it in force.
President Donald Trump threatened once more to end required payments to insurance companies unless lawmakers repeal and replace the Obama - era health care law.
Changes in federal policy may also lead the state into choppy fiscal waters, including President Donald Trump's executive order to stop making scheduled payments to insurance companies, part of his long - standing pledge to repeal «Obamacare.»
On Oct. 12, President Donald Trump announced the elimination of subsidy payments to insurance companies under Obamacare.
The first method is to purchase an immediate annuity and send all (or a portion) of the systematic yearly payments to the insurance company offering the LTC plan.
Our attorneys investigate the accident, negotiate with the insurance company, gather all the information, evaluate the evidence in the matter, including the testimony of all witnesses, and coordinate payments to the insurance company and health insurance.
A variable pay life insurance policy refers to a universal life insurance policy in which the policyholder has the option of varying the premium amount payments to the insurance company based on the convenience of the policyholder.
The period of time beginning when a life insurance policy is delivered to the policy owner, and ending after the prescribed amount of time defined by law and / or company guidelines, during which the policy holder has the right to return a life insurance policy for a full refund of all monies submitted for payment to the insurance company.
Designed to prevent the risk of outliving your income, annuities work by giving a lump sum or series of payments to an insurance company, and in return, the insurer agrees to pay you a guaranteed income for a certain length of time (or even for the rest of your life).
You may only make up to 6 withdrawals and / or transfers each month by check (for accounts with check privileges), preauthorized or automatic transfer (e.g., automatic payments to an insurance company), draft, point - of - sale debit card, telephone and / or online banking.
Cancelled checks or automatic withdrawals for premium payments to an insurance company may have policy information on them.
And in the meantime, you send a regular payment to your insurance company «just in case.»
A variable annuity is a contractual agreement where a client makes payments to an insurance company, which, in turn, agrees to pay out an income stream or a lump sum amount at a later date.
CSRs are payments to insurance companies that subsidize the premiums of low - income customers who can not afford to buy health plans on the individual market.
Again I can NOT make all the repairs right now and the premium is due in two weeks and IF they don't send the premium payment to the insurance company they will cancel me and that will cause even more problems: getting new insurance etc etc..
Designed to prevent the risk of outliving your income, annuities work by giving a lump sum or series of payments to an insurance company, and in return, the insurer agrees to pay you a guaranteed income for a certain length of time (or even for the rest of your life).
Life insurance is a contract between you and an insurance company — you make payments to the insurance company and in return, the insurance company will pay a specified amount of money to your beneficiaries (spouse, dependents, and / or loved ones) upon your death.
Designed to prevent the risk of outliving your income, annuities work by giving a lump sum or series of payments to an insurance company, and in return, the insurer agrees to pay you a guaranteed income for a certain length of time (or even for the rest of your life).
Payment to the insurance company was made days before.
At the end of your term, coverage will end and your payments to the insurance company are complete.
For plans that begin on or after January 1, 2018, you'll make your SHOP premium payments to your insurance company, not HealthCare.gov.
When you start making your premium payments to the insurance company, your policy does not automatically lapse right away.
It is purely a payment to the insurance company for temporary financial protection against loss of life.
This process involves a payment to the insurance company which will make the policy in active standing once again, and may require a statement from the client that their health has not changed, or reinstatement may even involve underwriting.
The insurance policy stipulates that in return for payment to the insurance company, the contract will pay a specified death benefit if the named insured dies while the contract is in force.
Medical billing is the process of sending a bill for payment to an insurance company or other payer.
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