Definition, Betydelse, Synonymer & Anagram | Engelska ordet POLICYHOLDER

Definition av POLICYHOLDER

1. försäkringstagare

Exempel på hur man kan använda POLICYHOLDER i en mening

• The insurance company is ready, willing, and able to pay the policy proceeds in specified percentages to named beneficiaries as last directed by the policyholder, but becomes aware of a dispute among them and/or third parties as to who are the proper beneficiaries or the proper distribution of proceeds among the beneficiaries.
• If the policyholder discontinues coverage because he or she has sold the insured car or home, the insurance company will not refund the full premium.
• Many of Equitable's with-profits policies were designed to provide a pension for the policyholder on retirement, and the lump sum available to buy an annuity depended on the sum assured, the reversionary bonuses and the larger terminal bonus.
• The term "no-fault" is most commonly used in the United States, Australia, and Canada when referring to state or provincial automobile insurance laws where a policyholder and their passengers are reimbursed by the policyholder's own insurance company without proof of fault, and are restricted in their right to seek recovery through the civil-justice system for losses caused by other parties.
• The exclusions sometimes have "incontestability provisions" which limit the ability of the mortgage insurer to deny coverage for misrepresentations attributed to the policyholder if twelve consecutive payments are made, although these incontestability provisions generally don't apply to outright fraud.
• In 2016, Washington State levied $750,000 in fines against Cambia in response to Asuris Northwest Health and Regence BlueShield policyholder complaints of 2010 and 2011.
• Sampoorna Ritu Kawach (SRK) - This insurance product will compensate the policyholder against the possibility of crop loss whenever any extreme weather condition beyond a fixed limit occurs.
• They also provide for multiple losses to be batched together into a single claim called an "Integrated Occurrence": batching claims in this way can allow a policyholder to make claims which would otherwise have been barred by the policy deductible (for example, in mass product liability litigation, each claim individually might be too small to exceed the deductible, but all claims taken together might exceed it).

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