Sentences with phrase «policy holder claims in»

The company is known for providing superior customer service to its customers, as well as for paying out its policy holder claims in a timely manner.

You'll also want to know that the insurer has a reputation of paying out its policy holder claims in a timely manner.

An issue has been raised that these GICs would be subordinate to other policy holder claims in the event that Executive Life ever is placed in conservatorship, (i.e., an insurance equivalent of Chapter 11).

Not exact matches

Some researchers warn a catastrophic cyber event triggering thousands of policy holders to file claims simultaneously could lead to insurers going bankrupt, like in 1992 after Hurricane Andrew, or require a federal bailout like in 2008.

Standard rental insurance policies some with at least $ 15,000 in coverage but policies holders have the option to purchase more coverage and increase their claim limit.

Insurance companies can only turn a profit by having lots of people paying in who hardly ever go to the doctor or by turning down claims, which makes it worthless to the policy holder.

Their policy holders were not left out in the cold altogether — most states have guaranty funds for exactly this purpose, making sure that claims are paid.

Standard rental insurance policies some with at least $ 15,000 in coverage but policies holders have the option to purchase more coverage and increase their claim limit.

Consider this: in 2015 alone, 231 D.C. policy holders filed flood insurance claims and the received at total of $ 3,364,850.26 in compensation.

We analysed over 2.7 million home insurance quotes run on our site and found that of the 2.1 % policy holders who had made a burglary claim in the past three years, 2.26 % had made their claims in autumn compared to 2.06 % in spring.

In the first half of 2010, individuals buying through an insurance agent or financial adviser paid a $ 2,180 annual premium for common plans that pay claims that are not taxable for the policy holder.

Still, Vito Colucci Jr., a private investigator in Stamford, Conn. who has been hired to investigate health insurance claims, said he uses Facebook regularly to gain insight into a policy holder's life.

This means that Allianz policy holders might even be able to use claim money while still traveling, on the road, which in many cases is where that money is most desired.

Once it became clear that the situation in the Outer Banks was not going to be quickly resolved, we made a decision as a company to step up and pay out claims for any of our CSA Travel Protection vacation rental policy holders affected by this event.

We are also expert in product liability and product recall policy holder insurance claims and in handling insurer coverage disputes, some worth hundreds of millions of pounds.

We defend your policy - holders in commercial general liability claims spanning a wide variety of areas, including fire losses, oil spills and construction losses.

Policy holders in Georgia sued Progressive in 2002 for diminished value claims.

In denying the claim, Stewart Title relied on a coverage exception in the policy that applies if mortgage proceeds are paid to any person other than the registered title holder («Clause 2»In denying the claim, Stewart Title relied on a coverage exception in the policy that applies if mortgage proceeds are paid to any person other than the registered title holder («Clause 2»in the policy that applies if mortgage proceeds are paid to any person other than the registered title holder («Clause 2»):

I think an improvement Safeco would be well - advised to make for policy holders would be to enhance the application to allow policy holders to turn in a claim through the mobile device application as well as being able to pay insurance premiums.

Earned premium naturally means that the insurance company did not have to pay claims to the policy holder for the elapsed time period since a payout on the policy would inevitably mean reducing the portion of the earned premium equal to the loss incurred by the policy holder and at times even resulting in loss for the insurance company as they might have to pay out more for the loss than the amount they have earned.

These rights do not extend to information collected in connection with or in reasonable anticipation of a claim, civil or criminal proceeding, or to specific items of privileged information when an applicant or policy holder is suspected of fraud, material misrepresentation, or material nondisclosure.

Greetings, i purchased the travel insurance for our 6day trip to the florida keys, flight down and trip itself was fantastic / / however on the return flight the plane us air flight 1807 was delayed by 2 hours at first then they delayed again another hour, total of 3 hour delay / / we had a connecting flight to catch in philia off course we missed that and the airline had no other flight out / / by the way we didn't land until 1; 30 am no train nothing available, so there we were, so i called my son a police officer and he took off work and drove 2 hours at 1; 30 am at night to come get us and bring us home, so i called allianz insurence and there words were you have to be delayed 6 hours or more to qualify well you all know that most flight that are delayed more than 2 hours you will miss your connector, especially at 1; 30 am in the wee hours of the morning / / so they read the fine print off the policy that was on page 10 say ing a delay of 6 hours to qualify / / ok so what about trip interruption clause / / he says falls under same clause / / ok what about trip cancellation clause / / in essence us air cancelled my connector??? agent says same thing / / so another words thats how they make there money by not helping a paid policy holder his due compensation fee for a legitimate claim!!

Only holders of with - profits policy are entitled to a share in these profits and the payment of this bonus is conditional on the life insurer having surplus funds after claims, costs, and expenses have been paid in particular year.

For this reason though the policy holder may need to pay a higher premium for inflation protection in their insurance contract, they may consider it wise to do so because in the event of a claim they will want to ensure their standard of care is not compromised in the long - term.

If the holder of a life insurance policy dies before telling the beneficiary where his or her policy is, the beneficiary will need to find the policy in order to claim the benefit.

This is often used in policies which cover health, disability or life insurance so that a policy holder has a reasonable guarantee of ongoing coverage even if they should develop a condition or conditions that increase the likelihood that an insurer will have to make a payment against a claim.

Insurers suggest that policy holders created a detailed inventory of their belongings ahead of time, so they have them ready in case of a claim.

10 times of single premium paid (excluding Service Tax) + Loyalty Addition is payable as death claim amount, in case of death of the policy holder before completing 15 years or the maturity date of the policy.

In a case like this, the policy holder can file a claim seeking monetary compensation for any lost luggage and its contents.

In fact the insurance company's general account has a general obligation to all policy holder's claims and benefits but not to a specific individual claim or benefit.

While making claims on maturity, the insurance holder is required to provide a completely filled discharge form attached with the original policy documents as issued by LIC in the name of the policyholder.

Through March of 2014, Genworth has paid out more than $ 10 billion in just long - term care insurance claims to its policy holders.

In the case of insolvency policy holders may face increased levels of individual liability if the insurer can not make payment in the event of a claiIn the case of insolvency policy holders may face increased levels of individual liability if the insurer can not make payment in the event of a claiin the event of a claim.

In the event of the death of the policy holder during the term of the policy, the beneficiary can claim the proceeds of the death benefit.

Consider this: in 2015 alone, 231 D.C. policy holders filed flood insurance claims and the received at total of $ 3,364,850.26 in compensation.

Required Forms in Claiming the Death Benefits Most insurance companies will accept a copy of the death certificate of the policy holder.

In addition, it is important to review the insurance carrier that you're considering buying your coverage through to determine whether or not it is strong and stable financially, and that it has a positive reputation for quickly paying out its policy holder's claims.

Change in Policy Holder Surplus The policy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cPolicy Holder Surplus The policy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cHolder Surplus The policy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cpolicy holder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after cholder surplus is a very important thing to consider when evaluating a company's strength, as this shows the assets left after claims.

In a typical automobile insurance policy, a deductible will apply to claims arising from damage to or loss of the policy holder's own vehicle, whether this damage / loss is caused by accidents for which the holder is responsible, or vandalism and theft.

In essence, full coverage would not ask us as policy holders to take on any of the financial risk of driving an automobile as it relates to possible claims situations.

The National Insurance Co Ltd (NICL) has been directed by a consumer forum here to pay a policy holder insured amount of Rs 1.3 lakh for a stolen car along with compensation of Rs 15,000 for rejecting his claim on the ground that the driver had claimed to be the owner of the vehicle in the FIR.

Kearns car insurance saves policy holders in this northern Utah town from the financial burden of personally dealing with the cost of various auto claim situations.

Insurance companies can attempt to deny any claim made by the policy holder, but in some circumstances, that denial will be upheld.

The Beneficiary can claim the insurer when the event of death of policy holder happens only in the insured period.

Types of beneficiary Contingent Beneficiary This type of beneficiary is common in insurance policies because it is provided by the policy holder in assurance that the claim benefits will be rightfully awarded to the person who deserves it.

They claim that because of discrepancies in the information given by policy holders, the right amount of monthly premiums were not collected by auto insurance companies, resulting in huge amount of... (more) November 10, 2011

Longevity annuities are like «reverse life insurance», meaning premium dollars are collected by the life insurance company by its policy holders to pay income when a policy holder lives a long life, instead of collecting premium dollars and paying a death claim on a policy holder's short life in ordinary life insurance.

This type reimburses you as a covered policy holder for the present day market or cash value of the item lost or destroyed in the claim situation.

The beneficiary — in many cases a family member or other loved one — makes the life insurance claim upon the insured's death and is then responsible for using the proceeds to carry out the policy holder's wishes.

Because over a large sample size the statistics hold very true, the life insurance company can predict with a high degree of accuracy the percentage of policy holders that will have a death claim filed in any given year.