Sentences with phrase «received by the insurance company»

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.

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.

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.

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.

Insurance companies have received at least 100,000 claims for cars impacted by Harvey, according to Wired.

«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.»

This is different to an SPIA where the income you receive is guaranteed by the insurance company.

(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.

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.

But Izi Plus has twice in three years received this award by Folksam, the Swedish insurance company known worldwide for it's amazing dedication to car seat safety.

It is worth noting that while people under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the state of the local economy.

The criminal complaint filed by the U.S. Attorney's Office against former Sen. Nick Spano details how the lawmaker - turned - lobbyist received monthly consulting fees from a White Plains - based insurance company that was the broker of record for the Office of General Services from 1993 through 2008.

Cuomo also floated the idea of raising revenue by taxing nonprofit health insurance corporations that are bought out by, or convert to, for - profit companies, and those who received a «windfall» from the federal tax plan, which went into effect earlier this month.

Quart had also received backing from local officials, including Mayor Michael Bloomberg and Rep. Carolyn Maloney, who had rallied behind him almost immediately after Bing was tapped by Gov. Andrew Cuomo to serve as Special Deputy Superintendent of the New York Liquidation Bureau, which managed insolvent insurance companies.

If you cant get your claim covered by talking with your insurance company over the phone, do nt assume that the first «no» you receive is final.

You will likely receive a letter from your insurance company regarding your benefits for laboratory services provided on your behalf by True Health.

The owners of said car will usually receive a payout from the insurance company at which point the insurer takes ownership of the car and assesses the damage - branding it with a categorisation from Cat A to Cat N. Cat A cars have suffered irreparable damage such as a catastrophic fire and will never be sanctioned by authorities for road use again.

The difference between the cash and the surrender value is that if you surrender your policy (for example, if you choose to cancel and cash out the life insurance policy), you will receive the cash value that has accumulated less any applicable surrender charges; these charges are pre-determined by the life insurance company, and are stipulated in your policy contract.

(1) qualified to receive funds from a federal, state or local government or from a federally or state - licensed insurance company; or (2) administered or recognized by a federal, state or local government agency or court, or a federally or state - licensed hospital, health clinic or medical doctor.

Life insurance companies are harmed by low rates because they need high income from their investments to pay future obligations to policy holders and those receiving annuities.

The next few days went by and I received a letter from some insurance company and Lendmark saying that I had order this additional insurance coverage and that why was charged more for the loan.

The second principal feature of a stable value fund is a «wrap contract» issued by an insurance company or other financial institution that provides a guaranty that investors will receive the «book value» of their account, the value of their initial investments plus interest accrued at certain intervals of time that reflects the performance of the underlying bond fund.

Fee - based financial advisors can receive compensation from fees paid by you and from commissions paid to them by a brokerage firm, mutual fund company, insurance company, or investment partnership.

For a participating policy, such as whole life insurance, the ability to be eligible for dividends when they are declared by the company and optional methods by which dividends can be received.

The report also shows how much less monthly income one would receive, on average, by taking a lump sum and buying an insurance company annuity vs. accepting the monthly payment option from a company plan.

Insurance holding companies own their subsidiaries, and survive by receiving dividends from the subsidiaries, or borrowing against them.

Claim settlement ratio is calculated on calculating the percentage of total number of claims settled from the total number of claims received by a life insurance company in a particular financial year.

After the claim forms are submitted and reviewed by the pet insurance company the owner will receive a check in the mail for the amount of the visit that the insurance will cover.

If you get into an accident while driving a rental car, you will have the ability to receive reimbursement for any cost not paid for by your primary insurance company.

The Stamford, Connecticut - based company said Friday it had received and would accept a $ 13.2 billion takeover bid from a Chinese consortium led by Anbang Insurance Group, terming it a «superior proposal» to Marriott's $ 10.8 billion cash - and - stock merger from last November.

Formerly doing business as CSA Travel Protection, our customers will receive the same quality travel insurance plans and outstanding customer service they have come to expect from us over the past 25 years, now backed by one of the largest insurance companies in the world.

Unfortunately, the company's policies are underwritten by Red Sands Insurance, which did not have any ethical policies for investments and received Ethical Consumer's worst ratings for both likely use of tax avoidance strategies and environmental reporting.

Through a tort claim, car accident victims whose brain injuries, are caused by the careless behavior of another person, are eligible to receive compensation for their losses and the costs of future care from the at fault drivers insurance company.

These recommendations are premised on the naïve assumption that by eliminating the lawyers, injured accident victims can work with their insurance companies to fairly resolve disputes and receive the reasonable treatment they require.

These laws, combined with the technicalities of insurance companies that may keep an injured worker from receiving benefits, a best negotiated by an experienced worker's compensation attorney.

By working with an attorney, it is likely that you will receive a better settlement offer because the insurance company knows they will not be able to take advantage of you.