Sentences with phrase «under their insurance policy which»

Any sum received other than as death benefit under an insurance policy which has been issued on or after April 1 2003 and if the premium payable in any of the years during the term of the policy does not exceed 20 % of the sum assured.

Not exact matches

Timely notice is especially crucial with so - called claims - made policies, under which coverage is based on when the claim was made rather than when the event took place, says Jay M. Levin, an insurance litigator at Reed Smith.

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

Life insurance policies have terms under which the policy may be continued in force or discontinued.

Under the BICE, Financial Institutions (which today are insurance companies, banks, broker - dealers, and RIAs) must adopt and warrant that their advisors comply with compliance policies and procedures that are reasonably and prudently designed to prevent conflicts from causing any violations of the Impartial Conduct Standards fiduciary.

Under English law, which often applies to such policies involving international trade, because insurance contracts are «of the utmost good faith», the policyholder is required to disclose all «material» facts to the insurance company even if no question is asked by the insurance company.

Here's Sen. Eric Schneiderman's brief appearance last week on «Countdown With Keith Olbermann» during which he discussed the passage of what's come to be known as «Ian's Law» — a bill that blocks insurance companies from dropping high - claims patients under the auspices of keeping costs lower for the majority of policy holders.

Miami renters insurance protects you from both property risks and liability risks, as well as provides you with a defense to liability claims which would reasonably be covered under the policy.

Liability coverage on your Fremont, California renters insurance pays for the defense costs for a liability claim which would be covered under the policy if you were proven to be responsible.

The insurance carrier is required to defend you if you are sued for a loss which likely would have coverage under the policy.

The lawsuit alleges that the insurers breached two «all risk» New York property insurance policies, and an Agreement for Interim Payment under which the insurers made a non-refundable interim payment of $ 28 million to Lazare Kaplan in January of this year.

While spiritual creatures from other realms are not a covered peril for personal property, we expect that if a poltergeist somehow forced you to take a specific action which resulted in bodily injury or property damage to another person, you could well have coverage under the liability section of your Erie, PA renters insurance policy.

Pekin v. Murphy held that a lease which clearly shows the parties» intention for one party to accept responsibility for specific damage, the tenant is not a co-insured under the landlord's policy and therefore subrogation against the tenant may proceed, allowing the landlord's insurance company to make a recovery and keeping rates distributed fairly.

That's one of the benefits of having renters insurance in Montgomery County; The Maryland renters insurance company is required as part of the policy to defend you against claims and suits which could result in a claim under your liability coverage being paid.

The primary difference between life insurance and AD&D insurance is the set of circumstances under which a policy will pay a death benefit.

Your home insurance policy's declaration page will explain which perils are covered or excluded under your current policy.

Under IRC 7702 which deals with cash value life insurance, the cash value in your policy grows tax deferred.

Notwithstanding, there are certain liabilities which will not be covered by personal liability coverage under your home insurance policy.

Review the specifics of your policy to determine the circumstances under which you can file a renters insurance claim for theft.

Most home warranty companies also offer additional coverage for an extra charge, such as protection for your swimming pool (which would get treated differently under your home insurance policy) or hot tub.

Benefit Period: The maximum length of time for which benefits will be paid under the terms of the insurance policy.

Commutation Right: The right of a beneficiary to receive in a single lump - sum the remaining payments under an installment option which was selected for the settlement of the proceeds of life insurance policy.

Box 10 of the form comes into play only in cases in which students have had expenses reimbursed under a «tuition insurance» policy.

While most insurers are vague about the conditions surrounding premium increases due to at - fault accidents, Wawanesa clearly outlines the circumstances under which your auto insurance policy will be affected so that there are no surprises and ambiguity.

MBIA issues insurance policies insuring payments due on structured credit derivative contracts and directly enters into credit derivative contracts, which are marked - to - market through earnings under the requirements of SFAS 133.

If the terms of a mortgage loan contract requires a borrower to purchase both a homeowners» insurance policy and a separate hazard insurance policy to insure against loss resulting from hazards not covered under the borrower's homeowners» insurance policy, a servicer must disclose whether it is the borrower's homeowners» insurance policy or the separate hazard insurance policy for which it lacks evidence of coverage to comply with § 1024.37 (c)(2)(v).

MBIA held a variable interest in these entities, which resulted from its insurance policies, and had determined that it was the primary beneficiary under FIN 46 (R).

But umbrella insurance will not only provide extra coverage; it also provides extended or expanded coverage which may not be available under the underlying policies.

Also, this insurance is technically secondary, so if you have any other policies under which you could claim this, then you will not be able to use this insurance.

Most policies have a 2 - year contestability period, which means during the first two years after buying life insurance, if it is found your insurance policy was issued under misrepresentation, withholding of information by the insured or the owner, or similar reasons, the insurance company can declare your insurance policy and any associated riders void.

Also, this insurance is technically secondary, so if you have any other policies under which you could claim this, then you will not be able to use this insurance.

Travel insurance comes in a wide variety covers, where your «cover» describes the circumstances or events for which you may be compensated under your travel insurance policy.

On the other hand, the court determined that Fireman's did not have a duty to defend under Woo's employment insurance policy which only covered wrongful discharge.

In these states, each driver would pursue compensation for medical expenses and lost wages under his or her own insurance policy regardless of which driver was at fault.

No such insurance yet exists and is not expected until August 2015, unless the LLLT works for a law firm, in which case the LLLT is covered under the firm's policy.

This ruling appears to be out of step with appellate authority which holds the costs borne by an insured to secure his or her right to a defence under an insurance policy should be paid on a full indemnity basis.

Under s. 14.1 (3)(1) of RRO 1990, Reg 664, Automobile Insurance, which is a regulation under the Insurance Act, companies offering auto - insurance policies are now obliged to offer a discount to drivers who buy and install winter tires on their vehiUnder s. 14.1 (3)(1) of RRO 1990, Reg 664, Automobile Insurance, which is a regulation under the Insurance Act, companies offering auto - insurance policies are now obliged to offer a discount to drivers who buy and install winter tires on their Insurance, which is a regulation under the Insurance Act, companies offering auto - insurance policies are now obliged to offer a discount to drivers who buy and install winter tires on their vehiunder the Insurance Act, companies offering auto - insurance policies are now obliged to offer a discount to drivers who buy and install winter tires on their Insurance Act, companies offering auto - insurance policies are now obliged to offer a discount to drivers who buy and install winter tires on their insurance policies are now obliged to offer a discount to drivers who buy and install winter tires on their vehicles.

Regulations under Ontario's Insurance Act define which impairments are «catastrophic» for the purpose of qualifying for more Accident Benefits under the Ontario Automobile Insurance Policy.

In addition, it is important to note that Nasr does not change the law as it applies to Statutory Condition 14, [4] which bars claims under fire insurance policies brought more than one year after the date of loss.

Often, there may be multiple policies under which you may file a claim, so it is important to have an attorney review your case who can identify all possible insurance coverage from which you may recover.

There are also strict timelines in which an injured person must apply for accident benefits under an insurance policy.

Accordingly, when snowmobiles are operated on property not occupied by the owner at the time of an accident, they are considered «automobiles» for which insurance coverage resulting from an accident may be available under the individual's own automobile insurance policy, including statutory accident benefits, third - party liability and underinsured coverage.

Title insurance policies contain a «knowledge» exclusion which applies if the client has allowed, accepted or agreed to, or knows of, any matters that would otherwise be covered under the policy.

The insurance policy provided coverage to the hospital and its employees for third party claims for «personal injury», which the insurance policy defined broadly as including invasion or violation of privacy, but only for liability «arising from the operations of» the hospital and only for employees «while acting under the direction of» the hospital.

Particulars of the automobile insurance policy under which the person asserts he or she is entitled to a benefit or benefits, including,

As such she was eligible for accident benefits under Ontario's Statutory Accident Benefits Schedule («SABS»), which provides for statutory accident benefits in accordance with the terms of a person's insurance policy.

Your motor vehicle insurance policy comes with certain standard amounts of benefits which are mandated under the Ontario Insurinsurance policy comes with certain standard amounts of benefits which are mandated under the Ontario InsuranceInsurance Act.

Before calling a lawyer, she had worked out an agreement with her medical providers, in which they would receive the entire $ 100,000 available under the insurance policy, and she would make payments for the remaining amounts due over time.

Under § 627.727, it states that no motor vehicle liability insurance policy which provides bodily injury liability coverage shall be issued or delivered in Florida unless the uninsured motor vehicle coverage is provided.

Particulars of the automobile insurance policy under which the person alleges he or she is entitled to a benefit or benefits, including,