Sentences with phrase «policies were sold»

Many beneficiaries of life insurance policies never find out the policies were sold and they are no longer beneficiaries until after the death occurs and they are cleaning up estate matters.

However, during the 80s and 90s, policies were sold with projections showing earnings of 6 % to 12 % interest.

In the 80s and 90s, policies were sold with projections showing earnings of 6 to 12 percent interest.

As many as 16.7 lakh policies were sold with a premium of Rs 44,611 crores during April - February 2009 - 10.

Thirty years ago the federal inheritance tax exclusion was only $ 600,000 and universal life insurance policies were sold as the last life insurance policy that you would ever need.

This has caused issues for some universal life policyholders, since at one time policies were sold with maturity dates of 85 years of age.

We care about the families that bought our vacation rental insurance, we care about our partners that those policies were sold through, and we care about our local partners who own and manage those vacation homes.

However, during the 80s and 90s, policies were sold with projections showing earnings of 6 % to 12 % interest.

This has caused issues for some universal life policyholders, since at one time policies were sold with maturity dates of 85 years of age.

Medigap policies are sold by private companies to fill in the gaps of Medicare coverage.

In insurance companies, there is a problem called new business strain when an insurance policy is sold because they have to write down the costs of selling that policy and make an allocation of reserves in case of a claim — in real terms, it is the total cost of developing new business.

An insurance policy costs an equivalent of two USD (actually slightly less but whatever) and it's in effect for the whole time of the travel confirmed by the ticket the policy was sold for - it starts when the passenger enters the departure station and ends when he leaves the destination station.

Guaranteed issue life insurance dispenses with health questions altogether and ensures that you will get coverage as long as you meet the age requirements and live in a state where the guaranteed issue policy is sold.

But if your brother changed beneficiaries after the policy was sold though, then the agent wouldn't even know the answer to the question.

Effective Coverage changed the way policies are sold, but you still have access to knowledgeable experts if you have questions about your North Carolina Renters Insurance.

VUL policies are sold by prospectus only.

However, most policies are sold with attached benefit riders in order to attract investors with these enticing contractual guarantees under the «you can have your cake and eat it too» closing technique.

It'll decide whether your policy was sold unfairly or unreasonably (see some examples).

You can reclaim for each policy you were sold, whether they're with the same or different banks.

If it hasn't, you should start a reclaim asking for justification that your policy was sold with your best interests in mind.

Financial advisers and sales staff can no longer be paid commissions by the firms whose policies they are selling.

While life insurance brokers are responsible for servicing clients after a policy is sold, the reality is few people need ongoing advice after they purchase the product.

According to IRS Publication 554, when a life insurance policy is sold for cash, one must claim as income any proceeds that are more than the cost of the life insurance policy.

In fact, they could be leading you toward a certain policy only because it offers agent incentives from the Insurance Carrier when the policy is sold.

Other factors include the size of the policies being sold by the insurance companies and the profitability of the companies.

The CC has found that policies being sold are uncompetitive, and CMCs have in the past had some success in gaining refunds on the grounds of unsuitability and / or ineligibility of the debtor.

This coverage is very important to your loved ones when you die, and if you can't afford an expensive policy you were sold by a commission - hungry life insurance agent, it will do your family no good after it is canceled.

Its policies are sold through a network of independent agents in Arizona, Florida, Georgia, New Mexico, Oklahoma, South Carolina, Texas, and Virginia.

Most term policies are sold for five years, 10, 15, 20 years, 25 or even 30 years.

Because these policies are sold as group policies, you can usually get a better rate.

These policies are sold either by a lender where the lender is the named beneficiary, or can be purchased individually where the homeowner names the beneficiary.

This policy is sold in periods of time such as 5, 10, 15, and up to 30 years and can even be age specific such as age 65 for example.

You will often see these policies being sold as mortgage protection as the insured amount goes down as the mortgage balance decreases.

Variable universal life insurance policies are sold by prospectus only.

Insurance Business America: Channel Integration could be the future of personal lines October 18, 2016 Developments in the online comparison and insurtech spaces promise to upend the status quo and redefine how insurance policies are sold.

The most common business insurance policies are sold for:

Its policies are sold through a network of independent agents.

Policies are sold through agents.

These policies are sold in increments of $ 1 million.

In 1926, the first policy was sold, and the Ohio Farm Bureau Federation was open for business.

Those policies are sold directly by insurers.

Viatical settlement, arrangement by which a terminally ill patient's life - insurance policy is sold to provide funds while the insured (viator) is living.

Brighthouse Financial life insurance policies are sold only through financial professionals.

They claim that both airlines had unfair practices in the sales of travel insurance, including «opt - out» sales and not providing information about the policies being sold.

Policies are sold for smaller amounts of coverage — typically a maximum of $ 10,000 — and nearly all applicants are accepted.

Term policies are sold for specific lengths of time, usually between 10 and 30 years.

The truth is, most policies are sold to everyday travelers going on -LSB-...]

Some term policies are sold as return - of - premium policies, meaning you don't need add a rider to your policy to get your money back at the end.

The timeframe is extended to thirty days if the policy was sold through distance marketing.

I would have expected a company selling insurance to at least do this basic check that the right policy is sold to the right person, if nothing else.