Sentences with phrase «policy underwriting purposes»

Depending on the type and amount of coverage being applied for, as well as the age of the applicant, a medical exam may be required for policy underwriting purposes.

Not exact matches

For purposes of computing ratios, billing and policy fees and other (which are a component of other revenues) are allocated as a reduction of underwriting expenses.

For compliance purposes we have to mention that, although many of these no exam life insurance policies are not traditionally underwritten, they still are fully underwritten.

The court also rejected the defendant's use of the 1976 amendment to the policy and the parol evidence rule to demonstrate an underwriting purpose for the disputed terms to avoid the stacking of income benefits, because the benefits were for impairments to the activities in daily living and not income replacement alone,

For 2013, the program policy has been refined to ensure greater clarity in underwriting intention regarding the «pure claims - made» rather than «claims - made and reported» form of policy for the purpose of notice of claim.

HIPAA regulations prohibit our health plans, except for long - term care policies, from using or disclosing your genetic information for underwriting purposes.

Many of these policies will require a medical examination for underwriting and approval purposes.

Product, coverage, discounts, insurance terms, definitions, and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and / or declaration pages from Titan - affiliated underwriting companies, which are controlling.

Unlike most traditional, medically underwritten policies, which will require the applicant to provide a blood and a urine sample for testing purposes, no exam coverage skips this step.

We can walk you through all of the details such as whether the policy has standard or graded death benefits, as well as whether or not you will be required to undergo a medical examination for the purpose of underwriting approval.

This is because many of the final expense policies on the market today do not require an applicant to undergo a medical exam for underwriting purposes.

Customers will be entitled to get an assured discount of 30 % for 3 - year policy and 20 % for 2 - year policy in each case on the basis of various underwriting factors like anti-theft device, location, purpose of use, etc..

These are used only for underwriting purpose if the policyholder wants to increase the sum insured at the time of policy renewal.

By only issuing this type of policy to fair to healthy individuals, they have eliminated the need for an exam for underwriting purposes.