Sentences with phrase «policy contract»

If it is just a regular company offered group life ins policy your contract is with the life ins company, not the employer.
The person or entity that you name as beneficiary on your life insurance policy contract will receive the death benefit proceeds when you die.
Different types of policies have different term of policy contract, maturity sum assured, eligibility age etc..
Free look provision is available only at the time of inception of the first Policy contract with the company and not at the time of renewal of the Policy.
Can I expect to continue with the same kind of quality treatment and policy contract after the merger of these companies.?
There is free - look - up period of 15 days from the date of receiving policy contract.
Amendment: A change to the basic policy contract.
You will have 10 - 15 days to study the given policy contract.
The insurance policy contract clearly outlines definitions and special limits to let you know what to expect as an insurance policy holder.
The accelerated death benefit may be part of the original policy contract or an optional rider — it depends on your life insurance company.
Policy contract values and debt will be split equally.
Because life insurance products and companies differ, not all riders and endorsements presented here are offered under every life insurance policy contract or offered by every insurer.
Can I expect to continue with the same kind of quality treatment and policy contract after the merger of these companies.?
You will have 10 to 15 days to study the given policy contract.
Under this Health Insurance Plan, your whole family, including spouse, parents, kids and some plans also allow to include parents in laws who can be included as insureds under one policy and claim against hospitalization or medical benefits as per policy contract.
Most insurance policy contracts contain the Contestable Period Clause and the Material Misrepresentation Clause with the remaining exclusions in some policies and not in others.
Example: Sometimes it may be stated that the endorsement replaces the previous version of your contract, for example in the case where you change address, the previous policy contract with the old address is no longer valid.
Specialty car insurance provides specialized coverage for the above type of vehicles, and usually provides coverage up to a specified amount in the coverage policy contract.
There is still the task of reading over the actual policy contract filled with all of its legalese.
The company does plan to honor its commitment to provide service to its existing 2.8 million life and annuity policy contract holders and their beneficiaries).
Car insurance is important for everyone, and AARP can save members a lot of money over the course of an annual policy contract.
Insurance policy contract forms should not be inequitable, misleading or deceptive and rates should not be excessive, inadequate or unfairly discriminatory.
However, if a traveler covered by a RoamRight policy contracts MERS during their trip, RoamRight will cover medical expenses up to the policy limits.
In case a person contracts a disease (say diabetes) after taking the policy the insurance company will not deny the claim as the disease has been contracted after taking the policy and not before taking the policy
All you need to do is to inform us about the change by completing the «Application for Change in Policy Contract» form.
Commonly referred to as policy riders or special endorsements, these features can be attached to a basic policy contract to enhance the flexibility and fit of the policy to meet your specific needs.
In your Minneapolis renters insurance policy contract, you have a duty to assist the company in determining the facts of any claim, as well as assisting to determine who may be liable for the loss.
The right to cancel the policy within 30 days of receipt of the policy in case of disagreement with the terms of the policy under all life contracts and covers tied to credit / debit / other cards, and for all personal accident and health insurance policy contracts with a term of 3 years or more offered by insurers over distance mode, provided no claim has already been made on the policy.
Host Contract - A Host Contract is an insurance policy contract, lease and purchase contract.
There are a few reasons for this, actually, and not all of them are contained in your policy contract.
The difference between the cash and the surrender value is that if you surrender your policy (for example, if you choose to cancel and cash out the life insurance policy), you will receive the cash value that has accumulated less any applicable surrender charges; these charges are pre-determined by the life insurance company, and are stipulated in your policy contract.
You should be able to ask your renters insurance provider what differences there are in their policy contract from the standard HO - 4 and they should be able to give you an overview of the same.
Life insurance policy riders are additional supplementary benefits that can sometimes be added onto a life insurance policy contract to enhance coverage.
Incidents of Ownership: Various rights that may be exercised under the policy contract by the policy owner.
The payment of dividends is part of the non-guaranteed portion of the policy contract.
Coverage amount, type of policy, length of the policy contract, age, health, and many other factors can affect your rates.
Once the life insurance underwriter reviews the results of the medical exam, you will receive your policy contract and premium rates.
Both parties need to perform under the policy contract.
You'll receive a declaration page stating amounts of coverage, as well as the policy contract.
All of this is contained in your policy contract for renters insurance in the US.
Read the policy contract to understand the coverage, and contact your agent with questions about that coverage.
This is because it's just part of their business model, and of course, because they legally can once you sign their policy contract and pay premiums.
This term refers to the termination of an insurance policy contract before the end of the policy period, by either the insurance company (the insurer) or the policyholder (the insured).
Life insurance riders are additions to your life insurance policy that provides expanded benefits in the policy contract.
Note: The policy contract details this coverage to include any conditions and exclusions.
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