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  • noun

Words related to policyholder

a person who holds an insurance policy

References in periodicals archive ?
Up to $20,000 may be advanced to a policyholder who provides photos depicting damage and receipts validating out-of-pocket expenses related to flood loss or a contractors itemized estimate.
However, there is a disagreement among jurisdictions as to whether the insurer can recover in subrogation before the policyholder is "made whole.
While scrutinizing the actual terms underpinning these obligations and rights at the point of purchase, the policyholder should, above all else, make sure that those terms provide the policyholder with some recourse if it believes that collateral is being locked-up improperly to secure inflated claim reserves or is otherwise being utilized and dissipated for the improper handling of claims.
I assume that the risk of a policyholder can be decomposed into two risks, called a general risk ([T.
The payout will see 90 per cent of eligible policyholders receive between pounds 200 and pounds 1,150, with the remaining ten per cent getting more.
22 with the Nevada insurance department, EIG said if its initial public offering is approved, the company would distribute its surplus to policyholders.
Policyholders can borrow against the cash value for retirement income or to pay college tuition or mortgages, leaving other savings and investments intact.
The policyholder has the right to dispute an invoice as long as notice of the policyholder's intent to dispute is sent to the insurer before the premium is due.
Courts have recognized that the insurance industry treats policy records and policyholder information as goodwill (Schelble; 130 F3d 1388 (10th Cir.
The ability to dampen the external factors that affect insurance companies' decisions on how they allocate their risk-based capital to maximize shareholder return can provide more stability to captive policyholders over time.
Each insurer has standard policy language adapted to the particular terms of the deal, Indeed, one of the mistakes that some policyholders have made with M&A insurance is not ensuring that the terms of the insurance policy mirror the terms in the transaction documents.
UNUM sought to deduct over $650 million for the cash and stock distributed to eligible policyholders, arguing that it constituted policyholder dividends under IRC section 808.
July 6, 1993), the judge awarded sanctions and attorney's fees to the policyholder on the grounds that the insurance company had asserted an insupportable claim that an absolute pollution exclusion barred coverage for claims arising from lead poisoning.
The RMBS Policyholder Group stated that all such claims lack merit and, in any event, whether known or unknown, such claims should be placed in the Segregated Account and subordinated to policyholders to preserve the senior priority of policyholder claims.
When a policyholder contacts the insurance company and has his/her identity verified, the policyholder can receive an advance payment for up to $5,000 on a flood claim without an adjuster visit or additional documentation.