Sentences with phrase «certain hazardous hobbies»
Certain hazardous hobbies and activities represent a much greater risk of payout to life insurance companies, and when seeking life insurance quotes you may pay for that increased risk through higher life insurance premiums.
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When a death occurs — we hope for one due to old age, but dead is dead, and the company pays (except suicide in the first one or two years, or one of the few exclusions that may be in the policy, such as war or act of war, military service, flying an airplane, or certain hazardous occupations or hobbies — many policies only have the suicide exclusion), you can think of the death benefit in one of two ways.