Sentences with phrase «person on behalf of the policyholder»
Premium payment may be made by policyholder alone and not by any third person on behalf of the policyholder except where it is not speculative and the third person has an insurable interest in the life assured.
https://www.maxlifeinsurance.com/ Not exact matches
In case of emergency, the first thing to do by the policyholder (or a person on his / her behalf) is to contact the Call Center within a maximum of 24 hours and obtain proper guidance.
The action was brought on behalf of a class of people defined as follows: The action relates to a transaction whereby $ 40,000,000 was taken from the participating policyholders» account of GWLAC and used towards the financing of the acquisition of London Insurance Group Inc. (the parent company of London Life Insurance Company) by GWLAC and Lifeco.
Two former London Life actuaries, Bill Rudd and Jay Jeffery, and John McKittrick, a Great - West policyholder, sued on behalf of 1.8 million people, accusing the companies of illegally using their funds to help pay for the $ 2.9 - billion acquisition.
Insurance that pays and renders services on behalf of a policyholder who is unintentionally, but legally responsible for bodily injury or property damage that is caused to another person and covered in the policy.
Liability Insurance: Insurance providing money on behalf of the policyholder to pay because of bodily injury or property damage caused to another person and covered in the policy.