In - patient hospitalization expenses like room rent, boarding and nursing charges, etc. are
covered under the policy benefits.
The insurer in this case argued that the defence of an
insured under a policy of insurance is not «commercial activity».
Third, what will happen to your premiums if you file a
claim under your policy for a loss suffered at the college dorm?
The aggregate limit is the most your insurer will
pay under your policy for damages or settlements arising from your products and / or completed operations.
Even if you are covered
under the policy of your parents, your personal property would be best protected separately to give you the most protection.
Benefits are not
payable under the policy for any covered stage of cancer or if the life insured dies within 6 months of the policy coverage commencement.
You can, decrease any or all of the risk covers within the specified limit once in a year during the Policy term, provided all due
premiums under the Policy have been paid.
To avail this benefit, both you and your spouse should have been covered
under this policy for two continuous years..
This overview of cover provides a guide to the cover
provided under the policy by setting out the significant features, benefits, limitations and exclusions.
The loan amount that can be taken in a percentage of the cash value or sum
assured under policy depending on the policy provisions.
These are the invested parts of the premiums after deduction of all the charges and premium for risk cover
under all policies in a particular fund as chosen by the policy holders.
If you cut short your travel, policies may or may not allow premium refund, depending on the conditions
specified under the policy terms.
There can occasionally be a zero deductible but in most cases a deductible applies to claims
made under a policy of marine insurance.
We allow you to make change in the mode of premium
payment under the policy which shall be applicable from the next policy anniversary.
Some endorsements reduce the amount of coverage
under a policy by limiting certain losses or restricting use.
On the other hand, water damage from broken pipes can be a covered
loss under your policy generally so you want to give some thought to your level of risk tolerance.
If you need overlapping coverage at both locations while you're in the process of moving, that's available
under the policy language.
If that's higher than the maximum coverage
allowed under the policy, consider buying an umbrella insurance policy to cover the difference.
It is important to review what is and isn't covered
under your policy with your insurance agent, so you know exactly when your coverage will kick in.
Moreover, whole life plans offer coverage along with all the accrued bonuses for participating plans, as declared
under the policy from time to time on maturity or completion of premium payment term.
Covered Person: This refers to the individuals (named insured, spouse, resident relatives, etc.) insured
under a policy contract.
The disability income rider provides a supplementary income benefit if you were to become totally disabled, as
defined under the policy rider.
You can opt for named driver exclusion which states that your wife will not be covered
under the policy when she is driving the husbands car.
There is a bunch of benefits that you will
get under this policy like the return of premiums paid at maturity.
Your policy will be terminated and no further benefits will be paid
under the policy after we have paid you the surrender value.
Alternatively, the employer may own and pay for the policy but permit the employee to name the
beneficiary under the policy for a portion of the death benefit.
Medical and claims assistance, claims payment and administrative
services under the Policy are provided by our Administrator.
Phrases with «under the policy»