Sentences with phrase «death benefit clause so»

This is why the insurance companies include a Graded Death Benefit clause so that you're required to live for at least 2 years before they'll cover you for natural causes of death.

Not exact matches

For this reason, insurance companies add the «Graded Death Benefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death beneDeath Benefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death beBenefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death benedeath such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death benedeath benefitbenefit).

All life insurance policies vary, so be sure you fully understand how the graded death benefit clause is structured for the policy you are considering.

A suicide clause offers insurance companies a way to guard against situations in which an emotionally distressed policyholder purchases a high value policy and commits suicide so that their beneficiary can receive a considerable death benefit.

To find one that's right for you, we would recommend that you give us a call so that we can not only discuss prices, we can also compare «graded death benefit» clauses so that you can be sure that the policy you choose is the right one for you.

If you are thinking about purchasing a guaranteed issue life insurance policy, in addition to other things including price, you should definitely compare the different «graded death benefit» clauses that are out there so that you're fully aware of what you're actually purchasing.