Sentences with phrase «protects the person insured»

Whole of Life insurance Is an insurance cover that protects the person insured up to age of 95 years.
Whole of life insurance is an insurance cover that protects the person insured up to age of 95 years.

Not exact matches

Whenever any civil action has been brought against any officer of the Florida College System institution board of trustees, including a board member, or any person employed by or agent of the Florida College System institution board of trustees, of any Florida College System institution for any act or omission arising out of and in the course of the performance of his or her duties and responsibilities, the Florida College System institution board of trustees may defray all costs of defending such action, including reasonable attorney's fees and expenses together with costs of appeal, if any, and may save harmless and protect such person from any financial loss resulting therefrom; and the Florida College System institution board of trustees may be self - insured, to enter into risk management programs, or to purchase insurance for whatever coverage it may choose, or to have any combination thereof, to cover all such losses and expenses.
How do you protect yourself when additional insured status is outlawed by the people you elected in Annapolis?
Homeowners insurance allows people to insure their home and personal property and protect themselves from liability.
That's because liability is a third - party coverage designed to protect people who are not insured under the policy.
A term used to describe a type of liability coverage that helps financially protect the insured against damages he or she accidentally cause to another person's property.
Liability is a third - party coverage, and it's designed to protect people who are not insured under the policy.
Often, the question is followed by a comment about «the landlord making me insure his building» or how the person «has nothing worth protecting,» and so they don't think they need to cover personal property.
Under - insured motorist coverage protects you from someone that is driving with only the minimum insurance that is required by law (in Illinois the minimum is $ 20,000 per person / $ 40,000 per occurrence).
In the end it was the battle of «broader legislative goals»: allowing an innocent victim of a motor vehicle accident to seek damages against an insured person versus protecting innocent victims by promoting compulsory insurance.
In order to insure that Section 241 (b) serves its purpose of protecting vulnerable persons in society, a sentencing court must send a message to other like - minded persons who may be inclined to assist persons to commit suicide, that such conduct will be met with lengthy custodial sentences.
Their mission is to protect their policyholders and their stockholders — not to assist an insured person with a valid claim.
Under these coverages, your policy protects an insured person from claims for accidents arising out of the ownership, maintenance or use, loading or unloading of an insured auto.
While all life insurance provides a death benefit to protect your beneficiaries, some policies also have a cash value feature that can be used during the insured person's lifetime.
Liability coverage is intended to protect the insured (you, the purchaser of the policy) against lawsuits or insurance claims made by another person for any damage you might cause.
This type of insurance pays for causing harm to other people, and protects an insured person's assets.
Even though an individual person is being insured, these policies are designed to protect the business.
Premium is the amount of money you as an insured person pay to protect your vehicle against certain risks.
That's because liability is a third - party coverage designed to protect people who are not insured under the policy.
Liability will protect you in case someone claims that you (or a person driving your insured vehicles) are responsible for bodily injury or property damage.
Collision is one of the Car Insurance types, which protects against damage or loss resulting from any collision with another car or some object, no matter whether it was the insured person's fault or not.
These plans are designed with the sole purpose of protecting the child's future and can have either the parent or the child as the person whose life is insured under the plan.
Not only will it protect you from a huge medical bill if your child is in an accident or gets stick, most plans also include coverage to fly one person to the insured's bedside if they're hospitalized.
This is a smart insurance plan that protects both the insured person as well as his or her family members.
Third Party Insurance: Under this plan, the insured individual is protected against the loss / damage that occur due to bodily injury or death to a third party or any damage to property because of the insured person's vehicle.
Yashish Dahiya of Policybazaar.com told Business Standard, «The size and capacity of the car / bike is not that important because motor TP insurance is for protecting the insured against any injury or damage caused to a third person / party (vehicle) in an accident.»
In the interest of protecting their citizens, many states have refused to enforce «owned - but - not - insured» exclusions in order that innocent people injured by negligent drivers will be compensated.
Most people purchase life insurance for the purpose of protecting loved ones from a potential financial loss if an insured individual should pass away.
Becoming chronically ill means that the policyholder is not able to perform, without substantial assistance from another person for a period of at least 90 days, at least two out of the six activities of daily living or requires substantial supervision from another person, for a time period of at least 90 consecutive days, to protect the insured from threats to health and safety due to severe cognitive impairment.
A term used to describe a type of liability coverage that helps financially protect the insured against damages he or she accidentally cause to another person's property.
Because what makes a financial difference for person or company is not the same as it is for another, there is a long list of unusual things which have been insured to protect the interests of their owners.
People regularly choose term life insurance because it is often one of the most affordable ways to protect a family from the unexpected death of a parent (the «insured»).
To qualify for a chronic illness, you would need to be certified by a licensed health practitioner in the last 12 months with a qualifying illness or physical condition that would prevent you from performing at least two «Activities of Daily Living», without substantial assistance or requires substantial supervision from another person to protect the Insured Person from threats to health and safety due to cognitive impaiperson to protect the Insured Person from threats to health and safety due to cognitive impaiPerson from threats to health and safety due to cognitive impairment.
And level term life insurance is also great for covering a mortgage, insuring a key person, or protecting a small business loan.
Cons: Duration may not be ideal for many people — Since level term life insurance allows the insured to lock in the rate for the entire term, many people, especially those looking to protect a; dependent child, spouse, mortgage or an elderly parent may be better suited to choose a term longer than 10 years.
When it comes to liability, they protect the insurance company, not the insured person.
This rider protects an insured person in case their health declines dramatically after a policy is issued, and there is a need for additional life insurance in the future.
Life insurance protects people and their families in case the insured person should pass away.
The Apollo Munich Personal Accident Premium plans protect the insured person and his or her family against various scenarios that ranges from minor or major injuries to even death.
The Universal Sompo Personal Accident Insurance plans protect the insured person and his or her family against various scenarios that ranges from minor or major injuries to even death.
Liability insurance is a coverage that protects and supports the insured person or the organization against the legal liabilities owing to insured during the policy period.
UMBI can pay for injuries to people protected under your policy — including family members in other cars and passengers in your insured cars — resulting from a car accident caused by an uninsured driver.
A guaranteed issue policy will accept almost everyone who applies, but to protect the insurance company from risk, these polices do not offer a full payout if the insured person dies within the first 2 years of the policy.
Simply Protect: It is a term plan that ensures that future premiums can be waived if there are cases of critical illness or disability of the insured person.
Often, the question is followed by a comment about «the landlord making me insure his building» or how the person «has nothing worth protecting,» and so they don't think they need to cover personal property.
Graded death benefits typically last 2 - 3 years and are the insurance industry's way of protecting itself against insuring people who are gravely ill.
Cruz appears to believe that mandating insurance which protects other people, the organizations providing and funding healthcare, and the government which funds hospitals from significant losses caused by or to the insured individuals is a travesty on the order of the British burning of Washington.
For example, many people purchase life insurance in order to protect a spouse or loved ones from the loss of the insured's income.
HDFC Life Group Credit Protect Plus Insurance Plan Premium and gains are ways of investment for the life insured person.
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