Sentences with phrase «amount of one's policy»

If the insured dies from an accident, they will pay the full face amount of the policy even during the first two years.

Your beneficiary should receive the full amount of the policy since life insurance proceeds aren't taxable.

Your beneficiaries would receive the remaining amount of your policy benefits when you pass away, which would also typically not be taxable.

Most homeowners policies cap certain categories of items based on the total coverage amount of the policy.

Term life policies pay your beneficiary the face amount of the policy if you die during the term of your coverage.

However, the premium amount of the policy increases accordingly.

This means you can increase the face amount of your policy as your financial and life circumstances change.

You simply pay your monthly premiums and, upon your death, the full face value amount of your policy is contributed to that organization as a charitable gift.

In the early years of a decreasing term policy, the death benefit will be the face amount of the policy when purchased.

Therefore, while you may be able to borrow nearly the entire amount of the policy's cash value, this can be incredibly risky.

In addition, many people do not realize that cash value withdrawals could also cause the policy's premiums to rise in order to maintain the same amount of policy death benefit.

The total amount of the policy is removed from his estate, and we will use the gift to help homeless pets find forever homes in our community.

They get 50 % to 60 % of the face amount of the policy which they use to pay for treatment and for the drugs they need to keep themselves alive.

By doing this, you can increase the dollar amount of your policy at a reasonable cost, while mitigating your overall risk.

Having safety auto insurance coverage on your car without the appropriate amount of policy limits is not very useful.

A flood insurance policy won't ever pay out any more than the exact amount of the policy (i.e. never more than $ 250,000 for structural damage).

Your beneficiaries receive the face amount of the policy upon your death.

Can you please tell me the maturity amount of this policy?

One additional factor to consider when evaluating the family auto insurance rates you received is the deductible amount of each policy.

And, if the insured lives to the fourth year or beyond, the beneficiary would receive 100 % of the stated amount of the policy's death benefit upon his or her passing.

They have a decent amount of policy options, although I wish they would have more flexible ones that are personalized to my personal needs.

With a whole life policy, your beneficiary receives the face amount of the policy no matter when you die.

The maximum death benefit available is the lesser of the face amount of the policy less $ 5,000 or $ 250,000.

It means that your prices are now going to be higher for the same amount of policy protection that you purchased for lower prices in the past.

The death benefit of a whole life insurance policy is typically a set amount of the policy contract.

If you are in good health, you may be able to qualify for a life insurance policy that pays the whole amount of the policy from the time it is issued.

A conversion option allows you to convert up to the entire face amount of your policy before your term ends.

The maximum amount of each policy benefit is stated in the contract when issued.

• On policies of $ 25,000 or more, you may increase the face amount of the policy using the same age as the original issue.

If you look at the field of what this government's doing it's got a massive amount of policy which really follows the fact we inherited such a dreadful crisis.

The tiny amount of policy experience that I already had came about mostly because of my field of research.

Obviously there's been a tremendous amount of policy around [teacher] evaluations at the state level, and we haven't seen nearly as much activity in this beginning educator support arena.

By making a charity the named beneficiary of your life insurance policy, the organization will be able to receive the face amount of the policy proceeds tax free.

It also depends on the face amount of the policy opted for and the age of the person insured, at the time of purchasing the policy.

Policy premium: A higher amount of policy coverage only adds to the cost of premiums paid.

Term life insurance is the type of insurance which pays the face amount of the policy applied for upon the death of the insured.

The premiums never increase and the face amounts of the policies never decrease.

Each factor will have a direct relationship to the final amount of the policy premium.

It is important to note the amount accelerated is treated as a policy loan and is deducted from the face amount of the policy along with any accrued interest and administrative fees.

There is an enormous amount of policy that its leasing specialists and contracting officers have to work with.

Likewise, if the insured dies after he or she has been insured for more than two years, then the full amount of the policy's stated coverage will be paid out.

Either way, you determine the overall coverage amount of your policy.

That affects the amount of the premium you pay and the cash value amount of your policy.

Insurance amount is directly proportional to the capacity of the vehicle and so is the premium amount of the policy.

This means it will pay out the face amount of the policy at the insured's time of death.

The face amount of the policy decreases as the amount owed decreases.

A flood insurance policy won't ever pay out any more than the exact amount of the policy (i.e. never more than $ 250,000 for structural damage).