Sentences with phrase «policy name»

However, with a mortgage term life insurance policy you name who you want to receive the proceeds from your life insurance policy.
This type of policy names each owner in the business as beneficiary on the other's policy.
You can either have the charity apply for a new policy naming it as beneficiary and you as life insured, or you can transfer an existing policy to it.
If your will and policy name different beneficiaries, the life insurance money will go to whoever is listed on the policy.
A life insurance policy naming her as your beneficiary could give her enough funds to cover your share of the mortgage, or perhaps to pay off the entire debt.
If your former spouse owns the policy, then you may need to purchase a new policy naming your child or children as beneficiaries.
If you have «named perils» coverage, you will only be covered for acts of terrorism if that peril is specifically named on your policy
Named perils, which only cover damage or theft stemming from specific scenarios named in the policy
Details - > Policy Name: LIC Jeevan anand Sum Assured: 1000000 Policy Start Date: Sept 2012 Annual Premium: 35.5 K Tenure: 27 Years My Age: 27 Years
240 If a contract evidenced by a motor vehicle liability policy names an excluded driver, the insurer is not liable to any person under the contract or under this Act or the regulations for any loss or damage that occurs while the excluded driver is driving an automobile insured under the contract, except as provided in the Statutory Accident Benefits Schedule.
In your Tulsa renters insurance policy the named perils that you might see are:
This clearly held that in cases where car insurance remains in the name of previous owner on the accident date the new owner needs to apply for a change of policy name within 14 days.
Bajaj Allianz Life Insurance, one of the leading private life insurance companies, expects to collect Rs 10 - 12 crore premium in its Berhampur division from its new Unit - Linked Insurance Policy named Max Gain.
I'm looking for medical policy which covers Delivery and New - Born Cover expense i found 1 policy named Star Comprehensive Insurance which covers pregnancy expense, but premium seems bit high, can you please suggest whether its worth to buy this policy or if there are any other options we have.
Splitting a joint life policy in to two single life policies in the event of divorce, dissolution of a civil partnership, or taking out a mortgage in the name of one person on the policy
Named perils, which only cover damage or theft stemming from specific scenarios named in the policy
Realizing that such an award would be rejected out of hand by a judge, Sparks moderated her demand, and Payton agreed to contribute $ 5,550 a month in child support, establish a $ 175,000 college trust fund and purchase a $ 1 million life insurance policy naming the child as beneficiary.
If your former spouse owns the policy, then you may need to purchase a new policy naming your child or children as beneficiaries.
If the policy names a specific beneficiary, the creditor has no claim against the money.
If the policy names the estate as the beneficiary, the estate will pay off all creditors before distributing any remaining money to the heirs.
There are exceptions, such as when the policy names the estate of the deceased as the beneficiary, but the majority of the time life insurance is not taxed.
Splitting a joint life policy into two single life policies in the event of divorce, dissolution of a registered civil partnership, or taking out a mortgage in the name of one person on the policy
Policy name is kopmal jeevan and sum assured is 5 lakhs and paying premiums since 2008.
«It's not fair to the people who own the breed of dogs that the policy names, because it's the owner and how the dog is trained, not the specific breed,» she said.
A retirement plan or life insurance policy naming The Winston - Salem State University Foundation as the beneficiary with proceeds designated to the Diggs Gallery
This may include the police report of the crash and the other driver's insurance information (if it exists and if you were able to get the policy name and number.)
The life insurance policy names the lender as a primary beneficiary for the amount of the debt, so if you die before paying the debt, the lender gets paid the balance of the money owed.
Named perils or hazards, policies name the specific perils or hazards the policy insures against.
The policy details namely, policy name, policy term, table number, next premium due date, sum assured etc. will be displayed.
That's one important reason to make sure your life insurance policy names the proper beneficiaries.
But for this to work, beneficiaries had to know the policyholder died and that they had a life insurance policy naming them as a beneficiary, said Devin Hartley, a Connecticut attorney who has written about unclaimed death benefits in the Connecticut Insurance Law Journal.
Sadly, the insurer in this case failed to entertain the claim since on the accident date the transfer of the policy name from the previous owner has yet not occurred.
Screenshot of compare policy page Side - by - side lets you compare policies quickly If you proceed to the side - by - side comparison, you will see the policy names listed across the top, and the policy benefits listed down the left column.
Generally speaking, unless the policy names the estate as the beneficiary, the proceeds will pass to the beneficiary non taxable.
«Named - peril policies» will cover certain losses resulting only from the perils that the policy names; «all - risk policies» offer coverage for all perils except those specifically named in the policy.
If you and your girlfriend buy a new flat screen TV together, and you both paid half, a policy naming only one of you would pay for only half the loss — that's why it's so important to list unmarried partners on renters insurance!
It is this benefit — protection for the whole life that gives this insurance policy its name.
The policy name, Level Benefit Term Life Insurance, is important to pay attention to.
Policy Name — Jeevan Anand (Table No -149) Sum Assuered — 5 Lac Yearly paying premium — Rs. 15,207 / - Policy COmmemcement — in the Year 2010 Policy Term — 30 years Premium Paying Term — 31 years Policy Maturity — In the year 2041
A standard homeowner policy only covers jewelry up to set limits if the loss results from one of the perils named on the policy
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