When that happens, the insurer does not have to make a payout.
He said Hi Tech made a payout that left Himeles with about $70,000 after some medical bills and legal fees had also been covered.
Decisions about when to retire and whether to take benefits monthly or in a single check are difficult, forcing people to consider when they will die and whether they are skilled enough investors to make a payout last.
That makes a payout ratio of 132%.
If he doesn't make those apologies, how much sympathy should he get?" Walsh's newspaper is suing to recover up to £1m after it made a payout to Armstrong to settle a libel claim.
Thus far, I've never had to make a payout.
Last-minute sales saved the game, as attendance at the 1983 game climbed to 40,000 and a new television contract allowed the bowl to make a payout of $580,000 to each team.
Lower metal prices and rising costs outweighed an increase in output, but Antofagasta said it would pay a final dividend of 86.1¢ a share making a total payout of 95¢, well above forecasts of 38.9¢.
The company said it would use the proceeds from the transaction to make a large payout to its owners.
But while CME called upon the trustee to make a prompt payout to MF Global customers, Mr. Giddens has so far moved cautiously in doling out the funds.
