Sentence examples for policyholder base from inspiring English sources

Jacky Brown, head of projects at Sheilas' Wheels, said: "Each company equalising prices ultimately needs to match premiums to claims, and our claims costs should continue to be relatively lower due to the sheer number of good, safe drivers who comprise our mainly female policyholder base today".

That appears to be the most an insurance company has ever been ordered to pay in a case involving the practice known as rescission, in which insurance companies retroactively cancel coverage for policyholders based on alleged misstatements - sometimes right after diagnoses of life-threatening diseases.

A determination to stick with equities during the stock market crash then undermined its financial strength, forcing it to cut bonuses to policyholders - and into discussions over its capital base with the Financial Services Authority.

She said coverage for additional living expenses and forced evacuation is based on the actual additional loss incurred by the policyholder.

Liverpool Victoria, the largest friendly society in Britain, said it had maintained a strong capital base and was still able to pass on surpluses to policyholders in the form of lower charges and higher bonuses "without being distracted by shareholders' interests and the need to pay dividends".

Life insurance companies now set up reserves when a policy is sold, based on estimates of factors like life expectancy and the chance the policy will lapse before the policyholder dies.

It certainly made pledges, in the form of guaranteed annuity rates to around 90,000 policyholders, whose pension policies were based on the performance of the firm's main "with-profits" fund.

Interestingly, the insurer might reject or endorse routine early mammography based largely on policyholders' life insurance purchases.

Involving the policyholder's doctor can help, too.

Penn Treaty settled the lawsuit by paying the policyholder an unspecified amount, the policyholder's lawyer said.

Insurance is defined as "accepting significant risk" from another party — the insured policyholder — by agreeing to pay compensation "if a specified uncertain future event adversely affects the policyholder".