Sentence examples for paying policyholders from inspiring English sources
But many insurance contracts aren't really investments at all, paying policyholders from the general assets of the company.
Life companies found themselves unable to pay policyholders out of new money.
At that time, there was a 70 billion yen gap between what Kyoei had promised to pay policyholders and returns it received on investments.
NEW YORK TIMES MetLife Settles Unpaid Benefits Case | The life insurer agreed to pay states a total of $40 million to settle allegations that it had failed to pay policyholders after their deaths, The New York Times reports.
Though some of the money to pay policyholders may be recouped through asset sales, much of it will ultimately come from the federal budget, which Peter Costello, the country's treasurer or finance minister, issued today.
Moody's said life insurers were facing a long-term decline because the deteriorating economy had depressed interest rates and made it hard for them to generate high enough returns to pay policyholders.
Standard Life has set aside almost £400 million to pay policyholders but no further funds will be provided because, basically, the insurer has decided it cannot afford this at a time when it is trying to get its finances into shape for a stock market flotation.
A TYPICAL income-replacement plan pays policyholders if they can no longer work in the field in which they were employed or trained, or makes up the difference if they no longer can earn as much as they did in that field.
He said State Farm is still reviewing Larsen's decision and is waiting to see if Jones will follow the judge's recommendations, which also call for the insurer to pay policyholders interest for the excessive charges. .
The practice declined in the 1970's, and several insurance companies are now paying back policyholders who contend they were unfairly treated.
To make this kind of money, insurance companies have to spend far less paying their policyholders' medical claims than anyone thought possible.
