Sentences with «return for the payment of a premium»
For example, these plans will offer the payment of a death benefit in return for the payment of a premium. (goodfinancialcents.com)
While funeral insurance is like most other types of life insurance in that it pays out a death benefit in return for the payment of a premium, this type of coverage is purchased for the purpose of paying for one's final expenses and other related costs. (burialinsuranceplans.org)