Sentences with phrase «transfers risk to the insurance company»

The deductible is the amount of risk that you retain when you transfer risk to the insurance company.

Some small risks can be managed with personal or company finances; however, larger, more catastrophic expenses are best handled by transferring the risk to an insurance company.

The deductible is the amount of risk that you retain when you transfer risk to the insurance company.

While the initial search may seem expensive for some areas, the title policy transfers risk to the insurance company and minimizes yours as the buyer.

Not exact matches

Accident: The essence of buying car insurance policy is to transfer the risk involving your car to your insurance company.

On the other hand, teenagers can and should be told that insurance is a way to transfer risk, that it involves many people pooling their money that's then administered by the company, and that it's designed to handle major losses that a person couldn't reasonably handle on their own.

It's a combination of transferring your personal risk to an insurance company and paying them money in return for their acceptance of the risk.

The reason that you have renters insurance in PA is to transfer that personal risk from your day to day life to the insurance company.

A renters insurance deductible is the amount of risk that you retain and do not transfer to the insurance company you've purchased the policy from.

Through reinsurance, the risk of loss (but not counterparty risk) on these contracts can be transferred to other financial guarantee insurance and reinsurance companies.

The insurance company is in business to pay claims and to accept risk which is transferred to it.

Annuities, when structured properly, can «transfer the risk» (to the insurance company) of a lifetime income stream that grows over time.

Insurance pricing is based mainly on an actuarial estimate of the risk transferred from the property owner to the insurance company, and on the pool over which this risk iInsurance pricing is based mainly on an actuarial estimate of the risk transferred from the property owner to the insurance company, and on the pool over which this risk iinsurance company, and on the pool over which this risk is spread.

(It is insurance purchased by an insurance company from another insurance company as a means of transferring risk from the first company to the second company.)

Mortgage protection insurance is the perfect financial solution that allows you to transfer the financial risk of losing your home to an insurance company.

Mortgage protection insurance is simply a transfer of risk from your family to an insurance company.

If you, as a policyholder choose to insure to less than the amount required by the Co-insurance clause (as stated on your policy), you are essentially agreeing to retain part of the risk (and absorb a portion of any losses) rather than transfer it to the insurance company.

A formal device for reducing the chance of loss by transferring the risks of several individual entities to insurance companies.

The insurance company is in business to pay claims and to accept risk which is transferred to it.

In fact, an insurance agent may be an ATV owner's best friend when it comes to buying comprehensive insurance that transfers personal risks to an insurance company.

Knowing that the risk of devastating financial loss could wipe out all that you've worked for, it makes great financial sense to mitigate the risk by transferring it to a life insurance company.

Water backup coverage on Texas renters insurance is available, and most people find they'd rather transfer that risk to an insurance company than deal with a loss of that type on their own.

Life insurance is used to transfer the financial risk of a persons death to the insurance company.

The insurance industry safeguards the assets of its policyholders by transferring what is know as «Risk» (exposure to the hazard or chance of loss), from an individual or business to an insurance company for homeowners insurance, renter's insurance, auto insurance, boat insurance, motorcycle insurance, life insurance, health insurance and business insurance for the most part.

The term insurance means the transfer of risk from one person to another, usually a company specializing in the insurance industry.

In sense, the insurance policy transfers the risks of liability from the person, you as the driver, to the insurance company.

It's a combination of transferring your personal risk to an insurance company and paying them money in return for their acceptance of the risk.

The reason that you have renters insurance in PA is to transfer that personal risk from your day to day life to the insurance company.

A renters insurance deductible is the amount of risk that you retain and do not transfer to the insurance company you've purchased the policy from.

Using term life insurance is the most affordable method of transferring a financial risk to an insurance company.

Before buying this Term Insurance Plan your family was exposed to financial risk in case of your early demise but now this financial risk is transferred to the insuranceInsurance Plan your family was exposed to financial risk in case of your early demise but now this financial risk is transferred to the insuranceinsurance company.

To obtain a position with a dynamic company which will utilize my legal and insurance expertise to minimize risk and to effectuate cost effective risk transfeTo obtain a position with a dynamic company which will utilize my legal and insurance expertise to minimize risk and to effectuate cost effective risk transfeto minimize risk and to effectuate cost effective risk transfeto effectuate cost effective risk transfer.