Sentences with phrase «substandard policies»

Substandard policies can be issued through Table 12, subject to underwriting discretion.

Unfortunately the same can't be said for DBS and OCBC, whose substandard policies and commitments mean they still have no qualms about polluting Vietnamese lungs and worsening climate change,» said Market Forces executive director Julien Vincent.

Also, make sure that your contract allows you to convert to the permanent policy of your choosing and doesn't limit you to a pre-defined substandard policy option.

If, however, your health is considered to be somewhat below average, but not bad enough to decline your application for coverage altogether, then it is possible that the underwriters may offer you coverage as a Substandard policy holder.

Yet, a substandard policy can be reclassified as a standard policy if the insured driver avoids accidents and moving violations for at least three years.

If, however, your health is somewhat below average — yet, not poor enough to be declined for coverage altogether — then it is likely that you may be offered a substandard policy classification.

By qualifying for a Substandard policy rating, you could still provide financial protection to those you love.

Not exact matches

While these venues have added millions of traders, their policies and systems to police these markets are seen as substandard.

During these period under Mills / Mahama administration, Ghanaians experienced massive government corruption, Bad governance and substandard economic policies leading to the near collapse of almost all state institutions and social intervention programs.

At most universities, policies governing postdocs» working conditions and terms of employment are substandard or, more often, nonexistent.

One professor told the regents» Committee on Educational Policy that «the disaster area is at the junior high school» and blamed poor teaching and a shortage of counseling services at this level for the substandard skills of entering freshmen.

Students from disadvantaged communities are more likely to attend schools with substandard Internet connections, according to a November report from the Alliance for Excellent Education and the Leading Education by Advancing Digital (LEAD) Commission, nonprofit education policy groups.

The Learning Policy Institute issued a report earlier this year, finding that 2.5 to 2.7 percent of the teachers hired there in 2013 and 2014 had a substandard teaching credential, such as an emergency certification.

No medical exam required; policies issued at Standard Tobacco or Substandard Nontobacco underwriting classes; qualifying applicants must be between age 18 - 50, for policy amounts between $ 25,000 - $ 300,000 (up to $ 250,000 for ages 51 - 65)

If this has happened to you, it means that your policy was rated and you were classified as a substandard risk.

The puppy mills team educates and engages the public around the pervasiveness of puppy mills and advocates for legislation and other policies to eliminate substandard breeding operations.

Especially in firms with a strict up or out policy, reporting substandard levels of billable hours can be damaging to one's career progression.

The terms Rated life insurance and Table Rated life insurance are commonly used to describe a policy that falls into the substandard rate class for life insurance.

A 20 year term policy, even at substandard rates will still fit in her budget.

However, you still may be able to qualify for a substandard rating, a no exam diabetes policy, or at the worst, a guaranteed issue policy.

The rating class determines how much you will pay for your policy, with the least expensive being the Preferred classes and the most expensive being the Substandard classes.

Once we had that information however, Scott qualified for life insurance at slightly substandard rates and we found a policy that he cold afford.

Non-standard auto insurance which is also known as high risk or substandard auto insurance, is a policy that is offered to a...

This means you may still be offered a policy, although at a more costly standard or substandard rate.

Nonstandard Auto (High Risk Auto or Substandard Auto)-- An auto insurance policy that is issued to drivers who can't other wise obtain coverage.

If an applicant is underwritten as substandard, it is the agent's responsibility to review the policy's limitations and / or premium increases.

If you are in a whole life policy... with a substandard company, you can borrow the cash value and use those proceeds to buy a term policy from a strong company.

No medical exam required; policies issued at Standard Tobacco or Substandard Nontobacco underwriting classes; qualifying applicants must be between age 18 - 50, for policy amounts between $ 25,000 - $ 300,000 (up to $ 250,000 for ages 51 - 65)

In all these cases it is possible to get approved for a regular life insurance policy — just at a substandard rate, which basically means a higher premium amount.

At the end of the level premium period, the cash value of the in - force policy equals the total of cumulative premiums paid, less any charges for substandard ratings and riders.

Non-standard auto insurance which is also known as high risk or substandard auto insurance, is a policy that is offered to a driver that is considered to be a higher risk to the insurance company than other drivers that insurance company provides coverage to.

This means that you will likely be offered a «standard», «substandard» or more expensive policy rather than a cheaper «preferred» or «preferred plus» policy.

However, if the underwriters feel that your health may not be in line with an average policyholder, then it could be that your policy will be rated as a Substandard.

Nevertheless, if it is concluded that your health is not as good as an average policyholder, you might be assigned a substandard rating on your policy the premium will be much higher.

This policy would receive mild substandard rates.

Now to our example: If Bill has been diagnosed with moderate sleep apnea but has not been doing anything about it, he may be offered a Substandard «Table 2» rating of $ 77 a month for a $ 500,000, 20 - year insurance policy.

This return of premiums paid does not include any substandard charges (extra charges for health problems) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the life insurance policy period, if the life insurance policy is still in force at that time.

The health class rating determines the premium that you will pay on your policy and ranges from preferred plus all the way to substandard rates.

You should always try to apply for a standard policy, or even a policy with a substandard health rating.

Basic Auto Policy: Although still used today to insure substandard risks, two - wheel motorized vehicles, and commercial autos, the Basic Auto Policy has been primarily replaced by the Personal Auto Policy, which combines both physical damage coverage and liability insurance for claims arising out of the ownership or use of a vehicle.

Should your condition be considered somewhat more risky to the insurance company, your policy may be rated as a Substandard.

If you went through the normal application and underwriting process at an insurance company and you are not offered coverage, or if your premiums are excessive with a substandard rating, it may be time to explore your options for no health exam or no underwriting policies.

This return does not include any substandard charges (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the policy period, if the life insurance policy is still in force at that time.

Surrender Value = 70 % x [Total Premium paid including extra premium for substandard lives, if any (exclusive of service tax) less -LCB- Total Premium payable including extra premium for substandard lives, if any (exclusive of service tax) x (Number of completed months of policy + 1) / Total Policy Term in months -RCBpolicy + 1) / Total Policy Term in months -RCBPolicy Term in months -RCB--RSB-

It is easier to find ordinary whole life policies than term policies for persons who fall into the substandard rating categories.

At the same time, you should ensure that getting a cheaper policy does not equate to substandard coverage.

o For limited pay policies, surrender value = Total Premiums paid (including extra premium for substandard lives) * 70 % * Number of remaining complete months of cover / Total Policy Term in months.

Unlike regular term policies, return of premium term life insurance rewards you for keeping the policy by giving a guaranteed return of your total cumulative premium paid on the policy during the level term period, not including substandard (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the level term period if the policy is then in force.

Likewise, if your health is not great, you may receive a Substandard rating on your policy, meaning that the life insurance company is actually taking more of a risk on accepting your application for coverage.

Some carriers offer credits and «table shave programs» for their permanent policies that allow people who actually should qualify for substandard rates to be approved at Standard rates.