Sentences with phrase «policies on behalf of the insurers»

Instead of selling the policy on the behalf of an insurer they work for, they coordinate the sale of a policy between a customer and whichever insurer is the best fit for them.

Not exact matches

In the event a policy lapses for any reason, a mortgage lender will find an insurer to cover the home on behalf of the policyholder.
On behalf of the insurer, we argued that the policy was voided because the property owner misrepresented the state of protective safeguards at the property during the application process.
Before one - year anniversary of the wreck, we obtained on the client's behalf full payment from the at - fault driver's insurer, as well as full payment from the client's uninsured motorist policy.
(b) hold himself, herself or itself out as an adjuster, investigator, consultant or otherwise as an adviser, on behalf of any person having a claim against an insured or an insurer for which indemnity is provided by a motor vehicle liability policy, including a claim for Statutory Accident Benefits.
EUI Limited arranges the sale of motor and home insurance policies on behalf of other insurers.
Depending on the terms of the policy, the insurer may pay any legal fees on behalf of the policy owner.
b. to save administrative costs, there is often a Master Policy Holder who will retain the documentation on behalf of the members, and may deal with the members on behalf of the insurer
Forrester Research FORR -0.83 % analyst Ellen Carney wrote in a blog post Wednesday that an entity called Google Compare Auto Insurance Services is licensed to sell insurance in 26 states and is authorized to sell policies in at least one state on behalf of six insurers, including MetLife MET +0.22 %, Mercury and Viking Insurance of Wisconsin.
Permanent offerings tend to be pricier than term because part of the money goes toward investments that the insurer makes on your behalf, which allows your policy to accrue cash value over time.
They solicit insurance quotes and / or policies from insurers by submitting completed applications on behalf of buyers.
Actuaries work on an insurance company's behalf to determine the likelihood of each hazard resulting in a payout by the insurer under a policy, and it is their recommendation based on this analysis that determines the eventual price of your auto insurance policy.
The best part of a child insurance policy lies in its waiver - of - premium feature; under which even after the unfortunate death of the policyholder, policy does continue paying all benefits, and all future premiums is borne by the insurer on behalf of the policyholder.
The insurer takes the onus of paying premium on behalf of the policyholder, and it pays out all the benefits under the policy.
One who has authorization, either expressed or implied, to act for or represent another party, usually in business matters, such as issuing title insurance policies on behalf of a title insurer for a portion of the premium.
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