Sentences with phrase «substandard risks»

An additional premium is charged for substandard risks due to the higher probability that the insured will have a shorter lifespan than those who are a standard risk.

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.

Rootfin rarely uses ING for substandard risks.

However, there are about 10 - 15 % of the population with medical problems and will therefore be considered substandard risks.

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

If you're a substandard risk, their table rating pricing is in the top 2 of the industry.

Due to the possible exclusion of preexisting conditions and any additional waiting periods, substandard risk applicants should not consider replacement.

An applicant rated as «substandard risk» is commonly in poor health, has already manifested a preexisting condition that is beyond the standard risk classification (based on the underwriting review), or might engage in a dangerous hobby or occupation.

A person who in this category will pay a higher premium than a person who is classified as a standard risk because it costs more for an insurance company to insure a substandard risk.

However, if your height / weight is beyond the average, then this may cause you to move into a substandard risk class.

Substandard risk: This means that the person applying for coverage does not meet the requirements for being classified a standard risk.

Substandard risk: A person who is considered an under - average or impaired insurance risk because of his or her physical condition, family or personal history of disease.

Rated: A term used to describe insurance issued to a person who is a substandard risk at a premium rate which is higher than that charged for a standard risk.

Impaired risk: In life insurance, a person who has an unfavorable health condition, or is exposed to an above - average occupational hazard, which makes him / her a substandard risk.

Not exact matches

Substandard or outdated security also puts SMBs at greater risk from targeted attacks from, for instance, disgruntled former employees or shady competitors.

By ensuring the safety and quality of a wide range of applications in the beverage industry, an Eagle x-ray inspection system can prevent harmful contaminants and substandard products from reaching consumers; protecting your brand's reputation and reducing the risk of costly product recalls.

We can't make premiums on that kind of risk affordable, and we will have to pay out a lot because homebirths are always substandard medical care, so the provider will always be found legally liable for bad outcomes.

We ought not to corral them into some high - risk pool that's going to stink and give them substandard health care.

Part of a budget bill introduced late Friday and given final passage overnight declares the Midtown transportation hub to be «antiquated, substandard, and inadequate to meet current transportation and public safety needs and presents an unreasonable risk to the public.»

The bombshell audit by state Controller Thomas DiNapoli found the state Office of Temporary and Disability Assistance's failures resulted in a «range of substandard living conditions, the most egregious of which pose obvious and dangerous risks to shelter residents» health and safety.»

According to Garcia, those most likely at risk of contracting Chagas in the U.S. are outdoor enthusiasts in the South and Southwest, along with people living in «substandard» homes with many cracks and crevices permitting bug entry.

These substandard sites are fraught with dangers, some of which we list below, putting you and your finances at risk.

Typical risk exposure is measured by multiple physical (e.g., substandard housing) and social (e.g., family turmoil) factors.

But a dangerous, ineffective, substandard canine vaccine is out there, and will remain out there until pet owners educate themselves of the risks.

Doesn't anonymizing the names of third party assessors (IME / IE vendors) have the (un) intended consequence of placing seriously injured auto accident victims at risk of substandard assessments?

Most insurance companies consider a B average to be the dividing line between «good» performance and «substandard» — and although achieving high grades doesn't automatically make someone a good driver, insurance companies consider kids who are able to balance their school life with their social life to be far lower risks.

Once we move past a standard health class, there are 8 — 12 different substandard health classifications for high risk life insurance.

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

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

From best (lowest premiums, lowest risk) to worst (highest premiums, highest risk), the life insurance classifications are Preferred Plus, Preferred, Standard Plus, Standard and Substandard.

Those individuals that wouldn't get approved even at the substandard rates are also considered high risk, and there are other types of life insurance they may qualify for such as Simplified Issue Graded Benefit or Guaranteed Issue life insurance, which we'll discuss in more detail.

Individuals who have more risks than the average would pay more — substandard rates.

Anything below a standard rating — or substandard is considered high risk.

A person who presents a greater risk of dying than the average person will be placed in the substandard category.

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.

Preferred is low risk, which is the least expensive, standard is average risk and average cost, and substandard is high risk and the most expensive life insurance coverage.

You're then assigned a risk class such as Preferred Plus, Preferred, Standard Plus, Standard, or Substandard.

While you do not necessarily need a medical exam, only a thorough underwriting will truly be able to pin down which substandard rating you will be given, and if a life insurance company is willing to accept you as a risk.

A risk that is substandard or below average.

However, Banner makes up with limited term riders with some of the best pricing in the industry, especially for clients who are table rated (substandard) risks.

Typically, companies will have different levels of Substandard and the rate that applies will depend on the severity of health issues and risk this provides.

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.

However, as a consequence of young mothers being required to work, infants may be placed in child care at a very early age, and mothers often require a patchwork of solutions, some of which may be substandard.40 Quality child care and early childhood education are extremely important for the promotion of cognitive and socioemotional development of infants and toddlers.41 Yet, child care may cost as much as housing in most areas of the United States, 25 % of the budget of a family with 2 children, and infant care can cost as much as college.42 Many working families benefit from the dependent care tax credit for the cost of child care, allowing those families to place their children in a certified or higher - quality environment.43 However, working families who do not have sufficient income to pay taxes are not able to realize this support for their children, because the credit is not refundable or paid to families before taxation.44 Therefore, some of the most at - risk children who might benefit from high - quality early childhood education are not eligible for financial support.