In the battle of private insurers versus policyholder owned, the policyholders come out on top.
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The process begins after a policyholder has been diagnosed with an expensive condition such as cancer.
If it isn't cut down and eventually falls on the house, is the policyholder negligent?
Whatever money the policyholder doesn't spend will stay in the account earning interest, tax free.
There is ample opportunity here for insurers to surpass their existing policyholder support systems.
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It also pays out the value of the artwork to the policyholder if the fight is lost.
That's how much of a premium dollar goes to claims, reserves for payouts, underwriting expenses and policyholder dividends.
Individual policyholders are relatively safe: they will have almost all their claims met under the Policyholder Protection Act.
Then, they could use Sandy as the prompt to strengthen every policyholder relationship.
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Ditto for pretty much any policyholder, more than likely, so why not craft programs and campaigns intended to aggressively inform them?
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Then came a 1999 class action brought in Los Angeles by Martin Marootian, 85, whose uncle was a policyholder killed in 1915.
The trade-off was that, unlike old-fashioned whole life, the effective premiums for the universal policy death benefit rise as the policyholder ages.
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Mr Engelhardt said the company, which provides cover for around 3.5 million vehicles, refused to chase policyholder growth at the expense of profits.
But sometimes there's an innocent explanation: The policyholder may not have known about a health condition, or may not have thought it was relevant.
Most insurance policies come with a deductible: The policyholder agrees to cover some of the initial losses himself, in return for much lower insurance premiums.
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Even on their websites, insurers posted urgent calls for policyholder action.
Companies are reluctant to move policy data to newer platforms because of the risks and costs, and life insurance policies persist as long as the policyholder is alive.
It must make the policyholder entirely responsible for all medical bills up to the amount of the deductible, with certain exceptions (such as for preventive services like cancer screening and prenatal care).
As DeGeorge pointedly noted in letters to companies that dared to challenge him, any insurer denying a claim is taking a chance that it will get hit with a nasty tort suit by the policyholder.
On one hand, the law seeks to increase the generosity of policies that it deems too stingy, by limiting deductibles and mandating coverage that the secretary of Health and Human Services thinks is "essential, " whether or not the policyholder can afford it.
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