Sentence examples for insured party from inspiring English sources

However, for the privately insured the cost reimbursement principle and the principle of contractual freedom apply, in other words the scope of the insurance chosen by the insured party and their individual risk of illness determine the level of their contributions.

Such a case is an example of moral hazard in which the insured party is the victim and the insurer is the "guilty" party.

The co-op should also insist on getting from the owner of the adjacent building a certificate of liability insurance naming the co-op as an additional insured party in connection with the use of the co-op's property.

We suggest that where an applicant expects the insurer to manage their cyber risk exposure, the presence of gaps in coverage can lead the insurer to select security controls which expose the insured party to risks not covered by the policy.

2. A prudent insurance carrier and the victim's attorney will keep the insured party and/or accident victim informed and consulted throughout settlement negotiations.

Direct insurance is sold by an issuer who contracts directly with the insured party.

When reporters brought up the argument that she should bow out to insure Party unity, she reminded them that, in 1992, her husband, Bill, didn't wrap up the nomination until the middle of June.

Most prepaid cards say they offer "pass through" deposit insurance, by pooling funds in federally insured, third-party bank accounts.

Moral hazard arises when two or more parties form an agreement or contractual relationship and the arrangement itself provides the incentive for misbehavior by insuring one party against responsibility.

When a party responsible for your injury or loss is insured, but their insurance company has denied your claim, you may want to name both the responsible party and his or her insurance company as Defendants.

There was a loophole, however: because group plans insured by a third party (like an insurance company) are regulated by the states, they weren't subject to federal discrimination laws.