Sentences with phrase «which policy holder»

The total amount of life insurance for which the policy holder has coverage and the type of life insurance carried.

COINSURANCE PROVISION: An insurance provision for property coverage in which the policy holder must carry an amount of insurance that is at least equal to a set percentage of the value of the property in order to receive full payment of a loss.

The second option for the insurance policy seeker is to opt for the «Term Assurance» plan, under which the policy holder is eligible for an Endowment Assurance plan and the sum assured is paid in case of survival of the assured within the stipulated period, or in the event of his / her earlier death.

Auto liability coverage protects the policy holder from personal financial responsibility for the expenses sustained by the other driver and passengers in an accident for which the policy holder is at fault.

Its protection is not for the covered car, but for any other vehicle and driver involved in an accident for which the policy holder is to blame.

Other providers offer a «mid-term benefit» in which the policy holder is paid 40 % of the premium paid till date if he survives half of the policy's term.

The minimum limit in Texas is $ 50,000 for all victims injured in a car accident for which the policy holder is found to be liable.

The first bodily injury number is the minimum amount of coverage a Texas driver can have insuring against the injury of one person involved in an accident for which the policy holder is at fault.

For example, an auto policy may cover accidents in which the policy holder injures another, while a homeowner's policy may cover injuries that occur on the holder's property, such as someone tripping over a crack in the driveway,

Any type of injury or health disease from which the policy holder is diagnosed or had signs or received any medical symptom for the same and all other pre - existing disease are excluded permanently from the coverage of Critical Illness Insurance Policy.

LIC e-service has one more additional feature under which the policy holder can add new policy to the existing customer portal account.

The insurer restores the entire sum insured only if the current treatment is not for the same disease for which the policy holder was hospitalized earlier.

Under which policy holder can return the policy or cancel the policy with 15 days of receiving the policy documents.

The period of time beginning when a life insurance policy is delivered to the policy owner, and ending after the prescribed amount of time defined by law and / or company guidelines, during which the policy holder has the right to return a life insurance policy for a full refund of all monies submitted for payment to the insurance company.

The cash value is the total amount which the policy holder receives once he or she opts to cancel his or her life insurance plan, while he or she is still alive.

For bodily injury, each policy holder must have at least $ 25,000 in coverage for the first injured party, and $ 50,000 in coverage for injuries to any other passengers injured in an accident for which the policy holder was at fault.

Accidental death and dismemberment insurance policy (AD&D) An AD&D insurance policy only pays out in the very restricted and specific circumstances in which the policy holder is killed or injured in an accident.

Whole life plan offers coverage for the entire lifetime of the policy holder for which the policy holder is required to pay fixed premium for the entire period of the policy and failing which may lapse the coverage.

The annuity in which a policy holder pays a premium to the annuity providing insurance company that issues a contract promising to pay interest or gains made on the deposit while deferring the income and the taxes until you actually withdraw the money or begin receiving an income.

Assignment is the process by which the Policy holder (Assignor) transfers all the rights attached to the Policy to the Assignee.

For Pension Plans or Retirement Plans, the vesting date is the Maturity date on which the policy holder can take 1/3 of the Maturity value as a cash lump sum and remaining should be used for purchasing Annuities / policyholder can also use 100 % of maturity value for purchasing Annuities.

The bodily injury portion of your Loveland car insurance is itself split into two halves: one for the first person injured in an accident for which the policy holder is at fault; and another for all other people who may have been injured.

There are many different ways in which policy holders may structure their insurance coverage through Primerica, as the company offers individual riders and add - ons like terminal illness benefit, waiver of premium, and increasing benefit riders.

Not exact matches

Some 70 % of shares in U.S. - listed companies today are held by mutual funds, pension funds, insurance companies, sovereign funds, and other institutional investors, which manage them on behalf of beneficiaries such as households, pensioners, policy holders, and governments.

The Board of Directors has adopted a written policy for review of transactions involving more than $ 120,000 in any fiscal year in which the Company is a participant and in which any Director, executive officer, holder of more than 5 % of our outstanding shares or any immediate family member of any of these persons has a direct or indirect material interest.

Insurance companies can only turn a profit by having lots of people paying in who hardly ever go to the doctor or by turning down claims, which makes it worthless to the policy holder.

It seems like the board has a template of transfer policy in which first they buy a quality player like cech was last summer and alexis was before that and now it's xhaka.They just give you enough so that the guys who are season ticket holders would renew their tickets.Then the Dilly dallying begins we show as if we are going for top players and make cheap offers for them so the selling club would not sell them and they could say hey!

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.

Back in 2005, Tony Blair held a meeting with Tory MEPs in his role as holder of the Council presidency, during which he implored us to support his Government's policy because he couldn't count on his own party's representatives to do so.

Mr. Meeks and Mr. Jeffries — along with Congressmen Charlie Rangel and Jose Serrano, and Congresswoman Yvette Clarke and Nydia Velazquez — penned a letter to Mr. Holder calling for an immediate investigation into both the Staten Island fatality and the NYPD's «broken windows» policy, which they argued has led directly to the unfair targeting of blacks and Hispanics.

Sunday Vanguard investigations last weekend, however, showed that only low - end domiciliary account holders responded to the policy with a few dollar deposits, a situation which prompted some of the banks to send out marketing sensitization to their customers to come forward and deposit their dollar with them.

Martin said if affected homeowners do not purchase flood insurance, the mortgage holder will decide which policy they get.

This is allowed due the payment of whole life dividends which are basically defined as a «return of premiums» to the policy holders rather than regular income.

Essentially there are three types of coverage that are applicable to flood insurance namely; building coverage which offers protection for the physical structure of residential and non-residential buildings; content coverage which only covers your possessions; and replacement cost coverage which is only applicable to owner - occupied single family that are the primary residence of the policy - holder and must be insured up to eighty per cent of the replacement cost.

If the mutual fund to which the cash value is invested returns a rate that exceeds 20 %, the full amount is credited to the policy holder's account (minus fees of course).

Life insurance policy loans are a unique way in which many policy holders access their cash value without incurring any tax hit.

A provision of the ACA designed to facilitate preventative care and which was put into effect immediately upon enactment of the law is its coverage of certain preventative care screenings — these procedures have been made available to all health insurance policy holders without charge, and without payment of normal co-pay fees or charges.

The VUL gives the policy holder the option to invest in securities which are not available to any other type of life insurance.

As a «participant», the policy holder is then entitled to receive «dividends» which are a portion of profits that are received by the company.

Here My query is for example if any illness which might not have found through insurance company's medical tests, and the Policy holder also might not know even he had that problem, Lets say he died due to that problem.

As a participant, the policy holder in a mutual life insurance company receives «dividends» on the cash value which is not income but rather a return of premiums.

A mutual life insurance company is owned by the policy holders (or owners) verses a stock company which would be owned by the shareholders.

Which means the excess gains and funds acquired throughout the year are distributed back to policy holders.

This plan is available in a ten year, 15 years, and 20 - year option, which allows policy holders to select the time frame that best suits their individual needs.

The process by which insurance companies, owned by policy holders, reorganize into companies owned by shareholders.

The policyholder can send a request for change of premium payment method, through a policy service request form which should be duly completed and signed by the policy holder.

Policy holders are usually allowed to make easy monthly payments — which can be convenient for retirees who are typically living on a fixed income.

Mapfre USA Corp., which formerly was the Commerce Group and which has more than 1 million policy holders in Massachusetts, plans to raise premiums by nearly 4 percent starting in May.

However, if it is a participating policy, which pays regular dividends to the policy holder, the accumulated dividends would be added to and increase the death benefit that is paid.

Because it offers flexibility and a cash value option, guaranteed universal life insurance offers policy holders many possible ways to put the cash value and death benefit to work for them, some of which include: