Sentences with phrase «set by insurer»

The interest rate, set by the insurer, is variable and will change over time.

Similar to whole life insurance except 1) premium costs are subject to change — the rate is variable, and set by the insurer 2) allows the cash value to be used to pay the premiums 3) cash value grows at a variable interest rate set by the insurer

Although there are some monetary limits set by insurer on the things lost during any unfortunate event, still car insurance premium can not work for your oversight.

Another dividend payment option is to leave the money with the life insurance company, earning interest at a rate set by the insurer.

Universal life allows you to adjust your premium payments, within certain parameters set by the insurer.

If you are not pleased with the conditions set by the insurer, you are free to cancel their policy, provided your policy is still within the free look period (first 15 days of the policy) and you have not filed any claim yet.

Free Look Period - If you are not pleased with the conditions set by the insurer, you are free to cancel their policy, provided your policy is still within the free look period (first 15 days of the policy) and you have not filed any claim yet.

The exact number of years set by an insurer is influenced by your age.

That means it will only pay a full benefit if you outlive a specific time period set by the insurer.

This page: Explains how term life insurance rates are set by insurers Outlines a couple of variations on standard term policies Describes a few (very important!)

Not exact matches

Last year, health insurer Anthem said it would set up its own pharmacy - benefits management unit, after earlier accusing Express Scripts of overcharging by billions of dollars.

Kimmel has since actively railed against Obamacare repeal efforts, arguing that various proposals being debated by the law's opponents would gut protections for people like Billy born with pre-existing conditions, either by rolling back Obamacare's mandated insurance benefits for certain health conditions or allowing states to set up rules that would let insurers charge sick people more for their coverage.

And that is a trend that keeps snowballing, thanks primarily to the activities of two groups: first, the pension funds, insurers, and other large investors that continue to accelerate their investments in growth companies; and second, the investment - world professionals, who are responding to the deluge of money by continually setting up new funds.

They are not issued generally by professional insurers but by other types of finanancial institutions that were very lax in acutairial supervision and don't have the funding set aside to pay out the swaps as insurers generally do for their insured items.

A hearing in NAFA's case is scheduled for Aug. 25; the hearing in the case brought by insurer Market Synergy against DOL was set to take place on Aug. 24, but it has been pushed back to Sept. 21.

The clear guidelines and monetary limits set down by its insurer regarding accounts receivables makes it simpler for L'Oreal financial and credit managers to nudge the corporate buyers of its cosmetics, hair color and perfumes into timely payments, according to Roy Rabinowitz, senior vice president, tax, at L'Oreal USA in New Jersey.

Last week, insurers including Aetna Inc questioned the precedent set by Obama's plan that would force them to pay for coverage with no clear way of recouping the expense.

The IG also found that, despite those promises of price competition, many co-ops had set premiums higher than policies sold by commercial insurers.

Many insurers require that patients try medically supervised weight - loss programs, often for a year or more before they will cover the operation, and plans may set other conditions such as screening tests, psychological examinations and other documentation by the doctor who refers the patient for the operation.

«[E] ach policy of aircraft accident liability insurance... shall specify that it shall remain in force, and may not be replaced, canceled, withdrawn, or in any way modified to reduce the minimum standards set forth in this part, or to change the extent of coverage by the insurer or the carrier, nor expire by its own terms in regard to coverage for the carrier in its common carrier operations in air transportation, until 10 days after written notice by the insurer (in the event of replacement, by the retiring insurer), or by the insurer's representative, or by the carrier to the Department... which 10 - day notice period shall start to run from the date such notice is actually received at the Department.»

Mortgage insurers have new higher capital standards under the Private Mortgage Insurer Eligibility Requirements, or PMIERs, which are the set of requirements for mortgage insurers to be approved to insure loans acquired by Fannie Mae and Freddie Mac (the GSEs).

Recently finalized Private Mortgage Insurer Eligibility Requirements («PMIERs») are the set of requirements for Mortgage Insurers (MIs) to be approved to insure loans acquired by Fannie Mae and Freddie Mac (the GSEs).

When insurers set payment levels for an immediate annuity, by contrast, state regulators require that they set aside reserves to assure they can make scheduled payments even if their actuaries» and investment analysts» projections are off.

While every insurer will have higher quotes for applicants with a certain set of conditions, by shopping around you can typically find a few insurers that are more lenient to your situation.

While rates, endorsements and discounts vary widely by insurance company, most insurers provide a standard set of coverages outlined below.

There are no established, industry - wide standards for underwriting, though most lenders follow standards set by government - related agencies, private mortgage insurers, private mortgage investors or institutional investors.

Recently finalized Private Mortgage Insurer Eligibility Requirements (PMIERs) are the set of requirements for mortgage insurers to be approved to insure loans acquired by Fannie Mae and Freddie Mac (the GSEs).

Depending on how you want to invest the cash value, you can choose between traditional universal life insurance (rates determined by insurer), indexed universal life insurance (tracks an index), and variable universal life insurance (you pick from a set of mutual funds).

They have an international cousin set up by the same founders called Liberty Acquisition Holding (International) Company (Bloomberg Ticker: LIACS NA) that is doing a deal with a U.K. based insurer.

Check what's on offer via comparison sites as insurers often have exclusive offers set up with them which you can't get by going direct.

Triggers can be set either by the state or insurer, so you should refer to your homeowners insurance policy to understand what the trigger is.

Market observers, analysts and ratings agencies long questioned the reinsurance deals, but banks and insurers publicly maintained they met the standard for arms - length transactions set out in a 1997 policy letter circulated by HUD.

RELEASE OF LIABILITY You agree that: in consideration of Tails of Gray allowing your participation in this activity, under the terms set forth herein, you, for yourself and on behalf of your child or legal ward, heirs, administrators, personal representatives or assigns, do agree to hold harmless, release, and discharge Tails of Gray, its agent employees, officers, directors, representatives, assigns, members, affiliated organizations, Insurers, and others acting on its behalf of and from all claims, demands, causes of action and legal liability, whether the same be known or unknown anticipated or unanticipated, due to the Tails of Gray and or its associates ordinary negligence: and you further agree that you shall bring no claims, demands, actions and causes of action, and or litigation due to injury, including but not limited to serious bodily injury, death or property damage, sustained by you or your minor child and or legal ward in relation to the premises and operations of Tails of Gray.

The discount rate was set at 2.5 % in 2001 by the then Lord Chancellor meaning that lump sum compensation paid by an insurer to a person with a serious injury would be discounted by a certain fixed amount, on the assumption that the person will invest that money safely.

Having set out the context to the Follett case, it is clear that Leveson LJ was influenced by the insurer's actuarial evidence to the effect that catastrophic injury claims call for special treatment if insurers were to make a proper assessment of the reserves necessary to fund the payments in future years.

It also clears the way for motor accident victims to seek redress directly from the Motor Insurers» Bureau (MIB) by relying exclusively on European Union (EU) law, independently of the complex and sometimes conflicting provisions of Pt VI of the Road Traffic Act 1988; the European Communities Rights Against Insurers Regulations 2002; the Motor Vehicles (Compulsory Insurance)(Information Centre and Compensation Body) Regulations 2003 and / or the MIB's private law agreements with the Secretary of State for Transport set out in four concurrent schemes.

While the insurer is not under any obligation to «cash out», your client is entitled to receive benefits for as long as he needs them and as long as he meets the test set out in the legislation and interpreted by the arbitrators and the courts.

At trial, the insurer argued that she was only entitled to the minimal damages set by Alberta's minor injury cap.

In any action in Ontario against the licensed insurer or its insured arising out of an automobile accident in Ontario, the insurer shall appear and shall not set up any defence to a claim under a contract made outside Ontario, including any defence as to the limit or limits of liability under the contract, that might not be set up if the contract were evidenced by a motor vehicle liability policy issued in Ontario and such contract made outside Ontario shall be deemed to include the statutory accident benefits referred to in subsection 268 (1).

It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Council of Mortgage Lenders, the Building Societies Association, Legal Ombudsman and the Association of British Insurers.

(3) Subject to subsection (4), the insurer is not liable under subsection (1.6) to pay for expenses related to transportation unless the expenses are authorized by, and are calculated by applying the rates set out in, the Transportation Expense Guidelines published in The Ontario Gazette by the Ontario Insurance Commission or Financial Services Commission of Ontario, as they may be amended from time to time.

(3) If an insurer to whom a Guideline referred to in subsection (1) applies receives an invoice that complies with subsection (1), the insurer shall, in the circumstances set out in the Guideline, report the following to the central processing agency in the manner and within the time required by the Guideline:

This revealed wide - spread concerns that defendant insurers» first offers in settlement are set significantly lower than what would be awarded by a judge in court.

Recently, I spoke at a primary care setting conference run by an insurer for their clients and insurance brokers on claims arising out of an inquest.

The MIB was set up by motor insurers, and by law all UK motor insurers must contribute towards it.

It seems unfair to penalize an injured party by retroactively applying a lower interest rate to their damages for pain and suffering when the insurer reasonably expected to pay a higher rate when it set and collected the premium from the at fault driver.

It is therefore ironic that by closing the door to a set number of policy exclusions Parliament unwittingly opened the door to insurers to argue by implication that any other exclusion not so nullified is valid.

Meanwhile, motor insurance premiums rose by # 100 in 2016, and look set to go up by another # 75 following the recent reduction of the insurers» «discount rate».

«3 strikes and you're out» is not a rule that's set in stone, but a guideline used by insurers to recognise and address clients that may be inclined to make frequent small claims, or have claims that indicate they are not taking reasonable precautions to protect or maintain their property.

Some of the more frequently overlooked (and therefore dangerous) limitation periods include: i) the limitation period set out in section 38 (3) of the Trustee Act which applies to certain claims brought by or against the estate of a deceased person; ii) the 6 month limitation period for dependent's relief claims that is set out in section 61 of the Succession Law Reform Act; and iii) the one year limitation period set out in section 259.1 of the Insurance Act, which applies to «a proceeding against an insurer under a contract in respect of loss or damage to an automobile or its contents».