Sentences with phrase «received by the insurance»

In general, the income payments start soon after the premium payment is received by the insurance company.
This means when earnings on the investment are received by the insurance company, they are taxed at the corporate tax rate (currently 30 %) before being reinvested in the bond.
Once all of your information has been received by the insurance company, the underwriters can more closely review everything — and from there, they can make a determination with regard to policy approval.
Most of the revenue received by insurance companies consists of premiums, but revenue from investing the premiums forms an important source of profit for most life insurance companies.
The difference between the two divisions is simply where and how the payment is received by the insurance company.
The underwriting process begins when your key person life application and exam have been received by the insurance company.
of death claims received by the insurance company.
Delay happens when correct documents are not received by the insurance which hampers the claim process.
The claim settlement ratio will mention the total claims received by the insurance company against the total number of claims actually paid to the customers.
Claim Settlement Ratio (CSR) is the total number of claims settled by an insurance company divided by the total number of claims received by the insurance company in the same duration.
However, coverage would not be available for the period for which no premium is received by the insurance company.
Once the documents received by the insurance provider, the process of reviewing will be initiated.
As per the latest guidelines received by the insurance companies, the policy will be active, provided one collects KYC documents from the insured at the time of policy renewal.
This is a simple calculation, the number of claims received by the insurance company and how many of them are settled for a particular financial year, this ratio is called Claim Settlement Ratio.
In general, the income payments start soon after the premium payment is received by the insurance company.
CSR means the ratio of settled claims over the total claims received by the insurance company.
Claim Settlement ratio is the ratio arrived by comparing the total claims paid over the total claims received by the insurance company.
To help out in accounting to record money received by insurance company's once roofs were complete.
(b) any interest or other income received by the insurance corporation from the investment of that money

Not exact matches

«According to a document obtained by Reuters, Valeant employees Bijal Patel and Gary Tanner received a November 2014 email providing guidance on ways to re-submit rejected claims to insurance companies in order to obtain higher reimbursement amounts,» said the Cummings letter.
A typical retired couple today receives around 220,000 yen a month, and over 80 % of the population thinks state retirement benefits already are not enough to live on, according to a survey by Japan Institute of Life Insurances.
Insurance companies have received at least 100,000 claims for cars impacted by Harvey, according to Wired.
California workers already receive 55 percent of pay for up to six weeks, which is covered by public disability insurance.
Under current law, the individual mandate and its associated penalties increase federal deficits by encouraging people to obtain subsidized coverage — through Medicaid, the health insurance marketplaces established under the ACA, or employment - based plans (which receive indirect subsidies to the extent that premiums for that coverage are excluded from taxable compensation).
CBO's measure of before - tax comprehensive income includes all cash income (including non-taxable income not reported on tax returns, such as child support), taxes paid by businesses, [15] employees» contributions to 401 (k) retirement plans, and the estimated value of in - kind income received from various sources (such as food stamps, Medicare and Medicaid, and employer - paid health insurance premiums).
«States typically require insurance companies to receive annual an actuarial review but not all states require that review to be conducted by an «independent firm.»
By receiving a lower interest rate and requiring homeowners to pay no mortgage insurance, HARP can make mortgage payments a lot more affordable.
They are to pay for their rising debt service not by taxing the population, but by selling public assets to the financial, insurance and real estate (FIRE) sectors — the very sectors which are receiving the growing interest payments on the national debts resulting from lowering taxes on wealth.
Per New York law, (NY Insurance Law § 2612; 11 NYCRR 244), a victim of domestic violence, the legal representative of the victim, or, if the victim is a child, the child's parent or guardian, may request to receive policy information or claims - related information by providing an alternative address, telephone number, or other method of contact.
He will receive a monthly benefit 32 % larger than his Primary Insurance Amount (PIA): 2/3 x 48 = 32 % By deferring his benefits 4 years, James permanently increased his $ 1,600 Full Retirement Amount (FRA) benefit to $ 2,112.
Generally, amounts you receive under a life insurance contract paid by reason of the death of the insured are not included in your gross income; such proceeds are received tax - free.
This is different to an SPIA where the income you receive is guaranteed by the insurance company.
Effective January 1, 2013, Insurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger thInsurance Law § 2612 also requires a health insurer, as defined in that section, to accommodate a reasonable request made by a person covered by an insurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger thinsurance policy or contract to receive communications of claim - related information by alternative means or at alternative locations if the person clearly states that disclosure of the information could endanger the person.
Jobless Claims is the number of people who are filing or have filed to receive unemployment insurance benefits, as reported weekly by the U.S. Department of Labor.
It may seem odd to pay taxes on coverage that you've already paid for, but this rule is meant to account for cases in which you receive a discounted rate by purchasing group life insurance.
Statistics Canada reported today that the number of Canadians receiving Employment Insurance (EI) dropped by 29,000 in April.
Statistics Canada reported today that the number of Canadians receiving Employment Insurance rose by 4,230 in December, a month in which unemployment rose by 6,100.
However, life insurance proceeds received by C corporations could cause the corporation to be subject to the alternative minimum tax (AMT) or increase the corporation's AMT liability.
With our purchase we received $ 6.7 million of tangible net worth that, by the nature of the insurance business, we were able to deploy in marketable securities.
@ total non sense Perhaps we're splitting hairs here, but I was trying to be kind by implying that rather than treating religiosity as a mental disability, for which the supposedly clinically sick can receive insurance benefits and evade personal actionable responsibility by claiming illness, it would be better to treat religiosity as a societal functional disorder which can be addressed through better education and a perceptional shift towards accepting scientific explanations for how the world works rather than relying on literal interpretations of ancient bronze age mythologies and their many derivations since.
(For these organizations, employees would receive contraceptive coverage from insurance companies separately from the policies purchased by their employers).
Lots of people do receive the notice that they've been officially dropped by the insurance company they then have to fight to get added insurance after having a cancellation.
«Whether or not an insurance exchange is established by the federal or state government,» Charmaine Yoest, AUL Action president, said, «it receives taxpayer dollars, which should not be used to pay for abortions and life - ending drugs and devices.»
Finally, through private and public insurance, as well as by direct provision of services, those whose health, old age or youth prevent them from fully supporting themselves receive the help they need to live in dignity.
Hospitals often receive formula, usually based on cow's milk, free from the manufacturer — something in itself that is beginning to be seen as a conflict of interest, she said — while donor milk can cost $ 4.50 per ounce and is not covered by many insurance companies and public aid programs.
Shipping is contingent upon receiving product authorization from the insurance payer if required and a physician's order if required by state law or the insurance payer for the product.
I just wanted to point out that the items necessary for some women to breastfeed can be bought or received second - hand, re-purposed from other items (in the case of the shawl instead of hooter hider), medications can be covered by health insurance, and breastfeeding advice can be obtained free from breastfeeding groups, in the hospital, from family members, friends, parenting books in the library and the internet.
2 Shipping is contingent upon receiving product authorization from the insurance payer if required and a physician's order if required by state law for the product and does not apply to incontinence products and breast pumps.
If you or your child has a diagnosable mental health or developmental disorder, you may be eligible to receive services that are covered by your health insurance.
with Byram, you are eligible to receive an insurance covered breast pump at no cost from leading manufacturers that are covered by your insurance plan.
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