Sentences with phrase «policyholder against losses»

Renters insurance covers a policyholder against losses from fire or smoke, lightning, vandalism, theft, explosion, windstorm and certain types of water damage.

Basic auto insurance protects the policyholder against losses resulting from an accident.

Much like an auto insurer insured policyholders against loss from damage or accident, the FHA agreed to insure lenders against loss from lack of payment (which is known as «default» in mortgage terminology).

Not exact matches

Auto insurance protects the policyholder against financial loss in the event of an incident involving a vehicle they own, such as in a traffic collision.

Insurance companies offer many different products, each of them conferring some type of protection against loss to the policyholder in exchange for premium payments.

Bhattacharya pointed out that Insurance protects the policyholder against mishaps and ailments that can be a huge financial loss when one has to spend in foreign currency.

If the optional terrorismcover is taken, then the policyholder's building and the contents therein, are covered against any loss or damage caused due to terrorism / terrorisms - related acts

A paid insurance claim serves to indemnify a policyholder against financial loss.

The insurance company's right to pursue legal action in the policyholder's name against the party legally liable for a loss or damage.

By Definition Life insurance is meant to protect the policyholder's family against loss of income in case the policyholder meets a mishap or deceases due to some reason.

As per the main do's and don'ts for claiming insurance, the policyholder should not delay in informing the insurance company that they would be making a claim based on recent losses faced, as any delay in intimation would work against the policyholder.

Coverage, or more specifically insurance coverage, is the amount of protection in terms of a sum of money that an insurance company provides to an insured person whereby, in the event of risk or risks insured against take place, such as death or accident, the policyholder or a designated beneficiary or beneficiaries shall receive an indemnification or payment up to the extent of the loss.