Sentences with phrase «life insured with»

1) Edelweiss Tokio Life — Accidental Total and Permanent Disability Rider: It provides the life insured with a lump sum to cater to immediate expenses in case his / her income earning capacity is hindered due to an accidental disability.

For life insured with the entry age of 5 years and above, the death sum assured, irrespective of survival benefit already paid, is either equal to or higher than of 10 times of annualized premium, or 105 % of premiums paid till date of death, or minimum guaranteed sum assured on maturity or absolute amount assured to be paid on death.

For Life Insured with entry age below 5 years: For minor lives, where the entry age is below 5 years, in case of death during the 1 year and 11 months from the date of commencement of the policy, 105 % of total premiums paid till date of death.

For Life Insured with entry age of 5 years and above:

Even if the insurance company chooses to reject the claim; the onus is on the insurance company to prove that some material fact was knowingly supressed by the life insured with fraudulent intentions and that fact was material to be disclosed in the process of issuing the policy.

The policy continues on the second life insured with the reduced premium and the same amount is payable again on death of the second life insured.

It is the Insurance Company which provides the life insured with protection in the form of a monetary payout as per the insurance policy selected.

Not exact matches

When it comes to planning for long - term care, advisors and clients have three main options — self - insure, long - term care insurance and life insurance with a long - term care rider.

And an extended family member or friend would not be able to add the student to their policy, unless they lived in the rental with the student and added them as a «named insured.»

According to the company's website, they generate home loans «with the intention of servicing them for the life of the term,» with the exception of FHA - insured products, which are sold to investors in the secondary market.

Second, seek legislation requiring that if a federally insured financial institution is required to pay fines to or settlements with any regulatory agency aggregating more than $ 2.5 billion in any two year period based on conduct that, if established, would constitute a crime under any law, then the CEO, President, and all Board members must step down, disgorge all of the bank's stock they own, and they are disqualified from holding any office at any federally - insured institution for the rest of their lives.

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

Accelerated Access Rider Allows insured to accelerate a portion of their life insurance death benefit in the event they are diagnosed with a chronic or critical illness that meets certain eligibility requirements.

Life insurance is something that is becoming increasingly necessary to have yourself insured under because of the unstable economy and lives of people all around the world with the ever... Read More >>

In addition, 85 percent of Unum's insured lives are in group long - term care with a much younger client profile, funded mostly by employers and with smaller benefit levels with more conservative plan designs, he said.

An accelerated death benefit rider allows the policyowner to receive a portion of the death benefit early when the insured individual is diagnosed with a terminal illness resulting in a decreased life expectancy.

In most cases, borrowers with FHA - insured home loans have to pay their FHA insurance premiums for the life of the loan, under the current guidelines.

«By expanding driver's licenses to all New Yorkers regardless of immigration status, our campaign can improve the lives of some of the most vulnerable New Yorkers, ensure that everyone can be properly licensed and certified with an inspected and insured vehicle, and will drop insurance premiums for everyone and result in increased revenue for the state,» stated NYIC Executive Director Steven Choi.

I used to love in BC and at one time in the Yukon, and never had an issue with the health care system... fast forward a few years and I now live in the U.S. where it would cost me $ 1500 / month to insure my family with insurance that actually covered anything.

He will do away with his mother, whose life is insured, Chris believes, for fifty thousand bucks.

However, Bishop begins to suspect they won't be able to get away with it when the box is revealed to be able to break into every system in the country, and their lives would be expendable to insure no one knows about its powers.

How do we insure that the economic benefits of education reform are shared with women and with those living in poverty?

That keeps you as the named insured, but allows you to extend coverage to others who live with you.

SAVINGS OVER THE LIFE OF THE LOAN With private mortgage insurance that may cost less over time — may be eligible to be canceled once 20 % home equity is reached, unlike mortgage insurance on government - insured loans.

Assuming the same $ 150 a year price, and disregarding the other coverage such as personal property that comes with the policy, now you would have to live over 665 years in order to come out ahead by self - insuring.

For families with children, if one spouse is staying home, it may be important to have life insurance for that spouse in addition to insuring the primary wage earner.

But if somehow you lie or fail to disclose a material risk factor (such as twenty or more people living in a fraternity house and you want to insure one of them with limits that are well out of the ordinary), what will happen?

And because the most common reverse mortgages, also known as Home Equity Conversion Mortgages (HECMs), are government - insured, these loans may provide you with the peace of mind you need to live a comfortable retirement.

Accelerated Access Rider Allows insured to accelerate a portion of their life insurance death benefit in the event they are diagnosed with a chronic or critical illness that meets certain eligibility requirements.

Guaranteed Purchase Option Rider: allows the insured to purchase additional life insurance coverage with no evidence of insurability at specific ages or for specific events, such as marriage, buying a home and the birth of a child.

The accelerated death benefit rider pays out a significant portion of the death benefit in the event the insured is diagnosed with a terminal illness (12 - 24 months to live).

If the insured person is diagnosed with disease that limits his life expectancy to a year or less, in other words if he has a terminal illness, he can receive some of the life insurance benefit during his lifetime.

For members insured with Credit Insurance, coverage terminates on the last day of the month during which you reach the Termination Age of 70 for Credit Life and 66 for Credit Disability.

Apart from all these benefit SBI life Smart Money Back plan offers a free look period of 15 days under which the insured can cancel the policy if he / she is dissatisfied with the terms and condition of the policy.

Many times people pay in more in premiums than they get back in death benefit with final expense if the insured lives for more 7 - 9 years.

Living Needs Benefit (Accelerated Death Benefit) Rider: at no additional cost, this living benefit pays out a portion of the death benefit if the insured is diagnosed as terminally ill with a life expectancy of 12 months orLiving Needs Benefit (Accelerated Death Benefit) Rider: at no additional cost, this living benefit pays out a portion of the death benefit if the insured is diagnosed as terminally ill with a life expectancy of 12 months orliving benefit pays out a portion of the death benefit if the insured is diagnosed as terminally ill with a life expectancy of 12 months or less.

With a life insurance policy, if the insured person dies, the life insurance company will pay out a death benefit to the beneficiaries.

Second - to - die life insurance is often more affordable than traditional single - insured life insurance with the same dollar amount in benefits.

The Legalese A life insurance policy with a critical illness rider will pay out a lump - sum benefit to the insured if they are diagnosed with a covered critical condition (such as cancer, stroke, or a coma).

Allows the insured to access the death benefit payout while still living if he / she is diagnosed with terminal illness and needs to use the cash to cover the costs of care.

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To see how the cost of insuring a rented apartment varied in Wisconsin, our study gathered data for one sample property (a rental property with roughly 1,000 square feet of living space and $ 100,000 in liability coverage).

The Legalese «The Acceleration of Death Benefit Rider provides payment of all, or a portion of the death benefit, of the amount that would normally be paid to the beneficiaries upon the death of the insured, while the insured is alive if they are determined to be terminally ill with 12 months (24 months in some states) or less to live.»

Personal liability insurance coverage that helps protects the insured and family living with them against claims and lawsuits if he or she injures others or damages their property in an accident.

See how insuring your RBC Royal Bank ® loan or line of credit with LoanProtector life and disability or critical illness insurance could provide your family with a financial safety net.

With the Continuous Payment Whole Life option, the insured will be covered for his or her entire lifetime.

With yearly renewable term life insurance, each year the premium amount will be re-calculated based on the insured's current age.

Their Legacy Whole Life insures people ages 50 — 80 and is guaranteed approval with a fixed premium.

A type of policy that does not expire during the life of the insured and combines a death benefit with a savings portion that can build cash value.

Named insured generally includes you, your spouse who lives with you, and relatives who live with you.