Sentences with phrase «previous policy period»

If you don't claim in a previous policy period, your policy is entitled to accumulate the NCB benefits.
With this add - on cover, you can take benefit of No Claim Bonus even if you have made claims up to pre-specified limits in the previous policy period.
But often, when a renewal policy is sent, only the declarations page will be mailed to the customer if coverage amounts or other important details have not changed from the previous policy period.
NCB is a discount that you get on your premium amount when you have made any claims during your previous policy period.
This bonus can only be availed if no claim was made in the previous policy period.
You could receive a discount at renewal if for being claim - free during the previous policy period.

Not exact matches

In the most recent period, following the tightening of monetary policy in May, market interest rates declined for a time as participants assessed that the cumulative tightening over the previous six months might have been sufficient to reduce the risks on inflation.
The state school board Friday also put out on 30 - day comment period policies that would make permanent previous reductions to K - 12 science and social studies standardized testing.
This isn't strictly required AFAIK, but because banks ARE required by the CARD Act to disclose the payoff period at the minimum payment (which would be «never» under most previous policies), the higher minimum payments give cardholders hope that as long as they make the minimum payments and don't charge any more to the card, they will get back to zero.
Cord Blomquist, of Technology Liberation Front, writes that Internet giant Yahoo has changed its data retention policy to anonymize user - behavior information after three months, 10 months less than the previous 13 - month retention period.
This method would require the manufacturer's previous insurers to continue to provide coverage for bodily injury occurring well after their policy periods, starting from the time the insured could no longer voluntarily insure itself because of the insurance industry's market - wide adoption of an asbestos exclusion (i.e. 1986).
(4) A relevant decision may not be taken except on imperative grounds of public security in respect of an EEA national who: (a) has resided in the UK for a continuous period of at least 10 years before the relevant decision; or... (5) Where a relevant decision is taken on grounds of public policy or public security it shall, in addition to complying with the preceding paragraphs of this regulation, be taken in accordance with the following principles --(a) the decision must comply with the principle of proportionality; (b) the decision must be based exclusively on the personal conduct of the person concerned; (c) the personal conduct of the person concerned must represent a genuine, present and sufficiently serious threat affecting one of the fundamental interests of society; (d) matters isolated from the particulars of the case or which relate to considerations of general prevention do not justify the decision; and (e) a person's previous criminal convictions do not in themselves justify the decision.
The biggest downside is if they want to renew and extend the plan for another time period, they will have to reapply, take a medical exam and pay a higher rate since they will be older than when they bought their previous policy.
«It is observed that there is a high increase in average death claim size for FY2013 - 14 over the previous year, and the increase in death claim size for the claims arising out of the policies issued in the years 2014 - 15 and 2015 - 16 (which would get settled over the next 8 - 10 years period) is expected to be much higher,» the exposure draft noted.
Once the elimination period has been met, benefits begin to be paid based on the policy limits as well as the amount of covered expenses incurred the previous month.
During the previous enrollment period we wrote a terrific guide outlining how to choose the right health insurance policy, and we created a handy checklist for beginners that will save you a lot of frustration as you shop the marketplace.
If you have term insurance: - Backdating a term policy is a futile exercise because the coverage for the previous backdated period becomes irrelevant.
This credit (in terms of waiting period) would be limited to the sum assured (including bonus) under the previous policy.
For example if under a previous policy, the pre-existing condition was excluded from coverage for two years and under a new plan with a different insurer the exclusion period for the same condition is three years, the new health insurance policy can only exclude the condition from coverage for one extra year.
The previous policies had been purchased over an eight year period and apparently life insurance rates have gone down enough and by consolidating, I was able to save a decent amount.
What they fail to mention is that your new term policy may be for a shorter period and will cost you a LOT more than the previous one.
Term policies also sometimes give the owner the option to renew the policy without any underwriting after the term expires, though this is much more expensive on an annual basis than previous premiums during the coverage period in order to account for the adverse selection inherent in the pool of people who choose to renew a policy without underwriting.
But by the new policy offered by the new insurance provider, the waiting period for this condition is 3 years, then two years from your previous policy will be deducted and the waiting period shall be of 1 year only.
Before making the final switch, it is recommended that you understand the product being ported to and its differences with the previous policy in terms of sum insured slabs, pricing, entry age restrictions, renewal limit, sub-limits, capping, waiting period, co-payment and pre-existing diseases clauses, hospital network, etc..
Also, if under the previous policy, the pre-existing condition was excluded from coverage for two years, and the exclusion period for the same condition under the new insurer is three years, then the policyholder will have to undergo one year waiting period.
Instead of listing each position and what I do at each job, is it common / ok if I list what I have done / learn, arranging them into categories such as «employee relations», «benefits management,» «policy and procedure»... and then list all the previous employers and the period that I was with each of them after the skills section?
If you are changing carriers and full prior - acts coverage is unavailable under the new policy, consider purchasing extended reporting period coverage, or tail protection, from your previous carrier.
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