Sentences with phrase «policy of a close family member»

Not exact matches

Many boat owners don't realise that insurance policies for boat operators often contain exclusions clauses affecting close family members of the owner living under the same roof.

In case of family floater, when the primary person dies or reaches a specific age, the policy is closed even other members who are still younger can't renew the policy.

Therefore, the policy beneficiary on these types of plans are often someone who is close to the insured such as a son or daughter, a niece or nephew, or other close friend or family member.

Senior citizens who purchase life insurance with the intention of covering mortgage loans may wish to entrust a close family member as their primary beneficiary of their life insurance policy.

This publication reviews State laws and policies that allow a family member or other person with close ties to a child who has been placed in out - of - home care to become that's child's permanent guardian.

China differs dramatically from Western cultures in its strong emphasis on collectivism and family (Lai 1995), prevailing adoption of the one - child policy and closer ties with extended family members who can provide social support for family responsibilities (Spector et al. 2007).