Sentences with phrase «premiums on behalf of an insurance company»
: Anyone who solicits insurance or aids in the placing of and delivering of insurance policies and / or the collection of premiums on behalf of an insurance company.
https://www.instantquotelifeinsurance.com/ Not exact matches
Spectrum Insurance Group advisors will work on your behalf to find the company that will offer you the lowest return of premium rates.
A premium finance agreement is an arrangement under which a premium finance agency or an insurance broker or agent advances funds to an insurance company to pay an insurance premium on behalf of the insured and receives repayment by the insured over a period of time.
The direct policy program has been supplemented since 1983 with a private / public cooperative arrangement, known as «Write Your Own,» through which a pool of insurance companies issue policies and adjust flood claims on behalf of the federal government under their own names, charging the same premium as the direct program.
The family gets a lump sum upon the death of the parent, and the future premiums of the policy are paid by the insurance company on behalf of the policy holder.
Spectrum Insurance Group advisors will work on your behalf to find the company that will offer you the lowest return of premium rates.
You have to download the bike insurance online renewal form and submit the same after filling the policy papers of that two wheeler insurance A representative on behalf of your two wheeler insurance provider will get in touch with you immediately You can pay premiums of your two wheeler insurance online If no representative gets in touch with you within 3 days you can contact the customer service department of your provider of the bike insurance company or the two wheeler insurance online via email or phone
This is especially common in the case of whole life insurance policies, where technically it is a requirement to pay the premium every year (unless the policy was truly a limited - pay policy that is fully paid up), and if the policyowner stops paying premiums the policy will remain in force, but only because the insurance company by default takes out a loan on behalf of the policyowner to pay the premium (which goes right back into the policy, but now the loan begins to accrue loan interest).
* CAMSRep is an Insurance Repository Service Provider approved by IRDAI which we have appointed to collect renewal premium and all policy servicing requests on behalf of Future Generali India Life Insurance Company Limited.
The remaining premiums are paid by the insurance company on behalf of the policyholder.
A child insurance plan has certain feature that make it an ideal choice for parents.So if the policyholder dies, all the future premiums are waived.Also, in the case of this eventuality, the company not only offers a lump sum but also continues investing the money on behalf of the deceased.
The Government would be responsible for paying the insurance premium together with the service tax to the insurance company on behalf of the pensioners.
If you opt for a child insurance plan, the insurance company will continue paying the premium on behalf of the policy holder.
In these policies, the insurance company utilizes a portion of the premium to meet administrative expenses and fund the death benefit, and it invests the remaining premium on behalf of the policyholder.
A certain amount of the premiums paid for the insurance coverage is invested on the policyholder's behalf by the insurance company.
If you own a health insurance you have to pay some amount of premium every year to an insurance company and if you have met an accident or need to undergo an operation or a surgery, the insurance company will pay for those expenses on your behalf.
The Direct and Corporate Agents who sell life insurance policies on behalf of the Insurance Companies are paid a certain percentage of commission (quantum already settled before) on the premiuinsurance policies on behalf of the Insurance Companies are paid a certain percentage of commission (quantum already settled before) on the premiuInsurance Companies are paid a certain percentage of commission (quantum already settled before) on the premium amount.
This amount will include the total of all your premiums paid, plus any bonuses you have received on the part of your premium that has been invested by the insurance company on your behalf (for eg, ULIPs).
It has an element of insurance, offers attractive returns and if the most unfortunate were to happen, the insurance company pays all the future premiums on your behalf.