Sentences with phrase «policyholders do»

Vashon renters insurance policyholders do have options to change their coverage limits and deductibles, but they never have to worry about missing out on an important form of protection.

Keep in mind that most policyholders do consult a professional as they investigate their policy options and coverage needs for the first time.

Beyond providing the necessary information related to a case, cooperating with any investigation, and possibly appearing in court, policyholders don't have to do much when it comes to personal liability claims.

At the same time, policyholders do not need to re-qualify at the time of renewing the policy.

LIC has a huge customer base and to ensure that its policyholders do not need to wait in queues at the premium payment counter, the insurer launched several LIC online premium payment options.

Due to this lapse, policyholders do not get a clear picture of the possible returns.

Well, it's simply because a large fraction of LIC policyholders do not know that it is easy to make LIC premium payments online, i.e. without having to stand in long queues, under the scorching sun waiting for their turn.

The policyholders do not have to worry about their money not being returned back to them.

Though most term life plans are convertible, most policyholders don't take advantage of it.

The new health insurance company can turn down the request of portability if medclaim policyholders don't pay their health insurance premium in time.

Benefits of EIA The biggest advantage is that policyholders do not have to pay any additional charges for the EIA.

Some travel insurance providers offer auto - renewal, meaning that policies will be automatically renewed if policyholders do not take any action to cancel them.

There's no set standard for auto insurance companies when dealing with unlicensed drivers — they may not even be aware that their policyholders don't have licenses.

Policyholders don't pay copays or deductibles, Heston said.

That means more premiums paid and, for the 20 percent of joint policies that are made up of term life insurance, a higher chance that the death benefit won't be paid out at all (because the policies will expire before the policyholders do).

Lewis says most policyholders do not realize they're entitled to O&P payments because they have no idea what it is.

With multiple fields of supplemental insurances, namely, accident, disability, health, and even life policies, policyholders don't have to worry in case they decide to inquire and acquire a new plan.

According to Travis Biggert with Hub International, «Many states have instituted separate deductibles for wind and hail, and many policyholders don't understand them.»

What most policyholders don't realize, though, is that medical payments insurance covers so much more than just the injuries of the insured driver.

«This means our policyholders don't have to go out of pocket to book their early return flight or suffer exorbitant costs should an emergency evacuation be necessary,» says Schreier, noting that APRIL offers trip interruption benefits covering up to 150 percent of a trip's cost and evacuation benefits up to $ 500,000.

But many policyholders don't realize they need to pay back the loan.

With this type of coverage, policyholders do not have to pay the deductible, if they are in an accident that is not their fault.

Beyond providing the necessary information related to a case, cooperating with any investigation, and possibly appearing in court, policyholders don't have to do much when it comes to personal liability claims.

Farmers» excellent financial health means that policyholders don't have to worry about the company's ability to pay out claims.

Examinations under oath can be extremely broad and if a policyholder does not cooperate in any way, insurance companies can use that as grounds to deny their claim.

Everyone in the apartment gets the coverage they believe they need, there are no issues with claim checks made out to multiple people, and there's no concerns about what happens if the policyholder doesn't elect for enough coverage for everyone.

However, speaking broadly, the lump sum of money paid to the policyholder does not usually have restrictions on how it can be used.

For example, some policies state that if the policyholder does not die as a result of the accident and instead loses a limb, he / she will only receive a 50 % benefit payout, while losing two or more limbs would result in a full benefit payment.

Examinations under oath can be extremely broad and if a policyholder does not cooperate in any way, insurance companies can use that as grounds to deny their claim.

If, however, a policyholder does remove cash from the policy — regardless of whether it is through a withdrawal or a loan — any unpaid balance will be charged against the death benefit proceeds.

Claims for the property damage portion of this coverage are subject to a $ 150 deductible if the policyholder does not have comprehensive and collision.

Insurers argue when a policyholder does not intend to rebuild or replace the damaged property, the insurance policy states the policyholder is entitled to the actual cash value of the damaged property.

Insurance companies claim that policyholders did not tell the truth in their applications, justifying the denial of benefits to their beneficiaries.

A Pennsylvania court ruled in the class action suit, Gilderman vs. State Farm, an insurance company must pay its policyholder for a contractor's O&P, even though the policyholder did not intend to hire a contractor to rebuild or replace damaged property.

All 100 of those automobile insurance policyholders did, in fact, indeed receive something valuable.

It's also to make sure that the policyholder does not collect more than once for the same loss.

However, speaking broadly, the lump sum of money paid to the policyholder does not usually have restrictions on how it can be used.

Its policies are lifelong renewable and the policyholder does not have to worry about any financial issue that may strike in a medical emergency.

If the policyholder does not wish to continue with the policy, then he or she can cancel the policy.

If the policyholder doesn't die and the policy term ends, the life insurance company doesn't pay out anything.

The policyholder does not wait for any time before he receives annuity payouts.

Let's take an example, if a policyholder doesn't make a claim during the tenure of his auto insurance policy, he becomes eligible for No Claim Bonus, on the basis of which, a certain rebate is offered on the payable premium.

The plan has return of premium option on maturity so that the policyholder does not lose the premiums paid on survival till maturity.

The policy gets to lapse if the policyholder does not pay all the due premiums within the Grace Period.

This protection ensures the policyholder does not have to continue to pay off a loan on a vehicle which becomes stolen or damaged beyond repair.

This is convenient because the policyholder doesn't have to take the time to file a reimbursement of the cost of the rental car.

Just because GEICO spends a lot of money to promote its brand and acquire new policyholders doesn't mean that cost is passed on to you.

They provide limited coverage for autos the policyholder doesn't own.

Everyone in the apartment gets the coverage they believe they need, there are no issues with claim checks made out to multiple people, and there's no concerns about what happens if the policyholder doesn't elect for enough coverage for everyone.

However, it performs poorly if the policyholder does not survive the policy term.