Sentences with phrase «risk under the insurance policy»

This duty places a responsibility on the life assured to declare in utmost good faith, all material facts impacting the risk under the insurance policy.

Not exact matches

Miami renters insurance protects you from both property risks and liability risks, as well as provides you with a defense to liability claims which would reasonably be covered under the policy.

A surplus lines policy, also known as builder's risk insurance or vacant property insurance, is a policy written specifically for property that's under construction, and for risks that are not covered by standard insurance carriers.

The lawsuit alleges that the insurers breached two «all risk» New York property insurance policies, and an Agreement for Interim Payment under which the insurers made a non-refundable interim payment of $ 28 million to Lazare Kaplan in January of this year.

«The bottom line, if you own a dog, especially a big or high - risk breed, consult with your insurance agent or company to make sure you're covered under your homeowners or renters insurance policy,» he adds.

Also, the risk under the group insurance policy may be reinsured, in whole or in part, to a reinsurer affiliated with CIBC.

You need to use common sense and make sure doors and windows are locked, but also make sure your renters insurance policy has been updated with any particularly valuable risks that are under your tree.

Earthquake insurance only covers damage caused by the earthquake itself — fire and explosions resulting from an earthquake are already covered under an «all risks» policy.

For instance, earthquake insurance only covers damage caused by the earthquake itself — fire and explosions resulting from an earthquake are already covered under an «all risks» policy.

World Nomads offers insurance policies to travelers around the world, but relies on different underwriters — affiliated companies that assess risk and decide whether to provide insurance and under what terms — depending on a given client traveler's country of residence.

Anton has experience of arbitrations under «Bermuda form» policies of insurance, including a case concerned with artificial heart implants, and proceedings under a pharmaceutical risk policy (English seat; New York law).

Arbitrator in LCIA arbitration concerning claim under a political risks insurance policy in respect of the disappearance of oil in Kenya.

The dispute concerned the question of coverage under a political risks insurance policy.

The home was insured under a standard «all risks» homeowner's policy issued by Farmers» Mutual («Farmers») and arranged by Muskoka Insurance Brokers Ltd. («Muskoka»).

Blackwell v Gerling [2007] EWHC 94 (Comm) a claim under a contractor's all risks insurance policy relating to damage to construction works for a motorway.

Bernard LLP» coverage work includes enforcement, as well as maintaining denials of first part property and third party liability coverage, under CGL, builders risk, life and disability, excess auto and homeowners insurance policies.

Douglas F. Cutbush frequently speaks at seminars and conferences dealing with such subjects as Claims Management, Business Interruption, Excess Liability Claims, Builders Risk Policies, Coverage Disputes, Reinsurance Claims, Arbitration, Mediation and Appraisals under the Insurance Act.

The webinar focused on issues and developments of interest to both Canadian and United States businesses, insurers, organizations, claims professionals, adjusters, and risk managers who are involved with Cyber Insurance Coverages under Standalone Cyber and more traditional insurance policies, and Cyber Risks, Data Breach, Information Security, Cybersecurity and PrivacInsurance Coverages under Standalone Cyber and more traditional insurance policies, and Cyber Risks, Data Breach, Information Security, Cybersecurity and Privacinsurance policies, and Cyber Risks, Data Breach, Information Security, Cybersecurity and Privacy issues.

Filed Under: Pre-Existing Conditions and Other Risks Tagged With: $ 100000 life insurance policy, guaranteed universal life insurance, medical conditions, trial offer

Again, using U.S. health coverage as an example, under group insurance a person will normally remain covered as long as he or she continues to work for a certain employer and pays the required insurance premiums, whereas under individual coverage, the insurance company often has the right not to renew an individual health insurance policy, for instance if the person's risk profile changes (though some states limit the insurance company's rights not to renew after the person has been under individual coverage with a given company for a certain number of years).

Dual insurance — having two or more policies with overlapping coverage of a risk (both the individual policies would not pay separately — under a concept named contribution, they would contribute together to make up the policyholder's losses.

Miami renters insurance protects you from both property risks and liability risks, as well as provides you with a defense to liability claims which would reasonably be covered under the policy.

In particular the premiums may rise based on the filings of previous claims against the policy, injury or any other factor that might increases the insurer's risk of being obligated to pay out under the insurance policy provided.

The insuring agreement section of your auto insurance policy explains the risks you are covered for, the people covered under the policy and the amount of time the policy covers you for.

While the damages caused by these and other home invaders aren't usually covered under home insurance policies, dealing with them quickly can reduce the risk of long - term damage.

Also, according to the ruling of apex court the deemed insurance policy transfer under the Motor Vehicles Act (MVA) Section 157 doesn't apply in other types of risks.

Risk transference — by undertaking a reinsurance deal an insurance company can trade off aspects of the risks involved, possibly in cases where some of the risk does not fall directly into the normal areas of operating expertise or where the risk is too great for the insurance company to comfortably meet its obligations under a policy should a claim be made againstRisk transference — by undertaking a reinsurance deal an insurance company can trade off aspects of the risks involved, possibly in cases where some of the risk does not fall directly into the normal areas of operating expertise or where the risk is too great for the insurance company to comfortably meet its obligations under a policy should a claim be made againstrisk does not fall directly into the normal areas of operating expertise or where the risk is too great for the insurance company to comfortably meet its obligations under a policy should a claim be made againstrisk is too great for the insurance company to comfortably meet its obligations under a policy should a claim be made against it.

In general insurance terms a hazard is something that causes an increased risk of a payout under any given insurance policy.

One of the best possible solutions to indemnify oneself against the risk of a cancer diagnosis is to seek coverage under a well - designed cancer insurance policy.

Damage from a flood is NOT covered under a standard homeowners policy By John D. Doak, Oklahoma Insurance Commissioner The top four disaster risks we face here in Oklahoma are tornadoes, hail, wildfires and floods.

Named perils are the parts of your coverage that refer to specifically named risks and eventualities under which you may make a claim against your insurance policy.

A surplus lines policy, also known as builder's risk insurance or vacant property insurance, is a policy written specifically for property that's under construction, and for risks that are not covered by standard insurance carriers.

A good umbrella policy can cover these and many more liability risks for which you may not have coverage under your automobile or home insurance policy.

If you are required to insure the musical instrument and your child takes it out of the home you will need to purchase optional All Risks cover on the item under your Home Cover insurance policy.

Driving under influence (DUI) car insurance policies are costly because of the higher risk involved.

It's an important task for insurers to manage their approach to risk carefully — if they take on too much risk for too little return then they may find themselves unable to pay on claims made under the policies they have issued and this will result in insolvency, that's not in the interest of the insured party or the insurance company.

For example, if you see that in the past seven years, the current owners filed two separate claims under their flood insurance policy, you might want to discuss the scope of that damage with them, and factor the findings into your assessment of the risk of future flood damage, and into your offer.

In taking on any particular driver under their protection and selling them a policy, an auto insurance provider is basically volunteering to take on the risk associated with insuring that driver.

The Term Policy document is the contract under which your life's risk is undertaken by the Life Insurance company.

For example, if you develop an infection from the surgery, or if the implants have to be taken out for some other reason, the insurance company may tell you that the implants are not part of your original policy, or are not considered an insured risk, even if the medical attention you require would have been covered under other circumstances.

If someone has a history of automobile accidents, driving without a seatbelt, speeding, or driving under the influence of drugs or alcohol, the insurance company is taking on more risk by issuing a policy to that person.

An ICICI term insurance plan that offers multiple protection against a host of risk factors from demise, accidents, critical illness, inability to pay premium, etc. — all under a single term policy.

The general insurance company is planning to sell health insurance policies and designing new products under the industrial risk cover space.

The insurance company, through the process of risk appraisal therefore determines how to best issue a policy (under what terms) and at what price.

Amounts are limited because insurance companies do not collect health risk data from each individual under the policy.

Some risks can not be insured under standard insurance policies.

Getting this type of label tagged under your name can be problematic since it means that companies will need you to get high risk auto insurance as opposed to just a simple policy.

The method of making payments towards the risk covered under an insurance policy.

If car insurance providers classify you under «high risk,» here is an important fact you should keep in mind: being labeled as a «high risk» driver can actually increase the rate of your auto insurance policy.

Because insurance companies must guarantee death benefits and a minimum schedule of cash values in most policies (except variable life policies), they must be conservative when estimating the values of the various premium pricing factors (interest, mortality, expenses, lapse rates, and risk loading factors) used to compute the required premiums under any particular premium payment plan of insurance.