Sentences with phrase «without guarantees the policy»

Without guarantees the policy holder is required to accept risk.

Not exact matches

Should the policy offer attractive guaranteed rates of return, over time the cash value will grow to a reasonable level without being subject to market volatility or capital gains taxes.

Since guaranteed acceptance policies offer life insurance coverage without health or medical questions, they generally have a two to three year waiting period.

This is another place where school boards should step up — to give teachers contractual guarantees that they can speak freely on policy issues without fear of repercussions, or at least to provide avenues for anonymous (but publicly accessible) commentary on policy issues.

- Curling lashes adds an eye - opening, awakening effect to the eyes - Accentuates any eye look, whether you prefer a natural or dramatic look - The easel - style handle flips down to provide the perfect amount of pressure - Cushiony pad adds lasting curl without grabbing or pinching - Contains one replacement pad at the base - There is no guarantee policy for this product.

«This policy forces students to stay here and possibly turn down other job opportunities, without any guarantee of sustained employment,» Kolb said.

This hypothetical future convention would guarantee the participation of NGOs without discrimination in dialogue and consultation on public policy objectives and decisions both in foreign countries and international organisations.

Online life insurance quotes for policies offering guaranteed acceptance are synonymous with those without a medical examination or health questions.

In general, whole life policies have two parts — a guaranteed cash value (that you need to cash in the policy to get, or alternatively, get a loan against) or «dividends», which is an amount that has built up over the years that you are able to withdraw without surrendering the policy.

This guarantees that you can obtain the permanent insurance without regard to health issues that may have developed since purchasing the original term policy.

The benefit is the non-participating policy offers the guarantees of a whole life policy, but without the additional benefit of a return of premium in the form of an annual whole life insurance dividend.

Guaranteed Insurability: An insurance policy provision that allows the insured to buy additional fixed amounts of life insurance at fixed time intervals without evidence of insurability.

However, all of Primerica's policies do offer the option of «guaranteed insurability» until age 95, meaning you can renew your policy without undergoing a new health exam or application.

If you take a permanent policy, a guaranteed insurability clause will enable you to buy additional coverage in the future without needing to qualify based on the state of your health.

But, one of the features I selected for the policy was an annual «future income option», guaranteeing I could buy more coverage (without any further medical) as my income would increase.

At a minimum, you'll be guaranteed that you will be able to renew your current term insurance policy, or you will be able to convert it to a whole life policy — without being subject to a medical exam.

Around A$ 35 billion are AAA rated government guaranteed bonds which will need to be financed without government support, unless the policy changes.

Some of these offer the guarantee of a minimal amount of interest, as well as the ability to take a loan out against the cash value, without lapsing the policy.

Our room guarantee policy requires a credit card deposit equivalent to 1 night's stay (without 10 % lodging tax) in order to make a reservation.

But it comes with a drawback when you are looking for a term policy without medical exam as you will be proposed a guaranteed acceptance life insurance which is one of the most expensive plans out in the market.

Policy Purchase Option Guarantees the option to purchase additional insurance at certain ages and special life events, without having to provide evidence of insurability.

Guaranteed issue coverage policies generally have a lower face value, but they provide coverage to all applicants without requiring a medical exam or medical history.

It is cheaper than whole life and is guaranteed to last your entire life without lapsing — unlike other universal life policies.

Guaranteed issue life insurance policies typically offer smaller insurance amounts and can be purchased without a medical exam.

Up to five times the original amount of the policy is guaranteed, without the insured having to provide evidence of insurability.

For seniors in reasonably good health or without a history of truly serious ailments or disease, a no medical exam policy is the less expensive choice when compared to guaranteed life insurance.

Some policies offer a feature called guaranteed reinsurability that allows the insured to renew without proof of insurability.

There are several different types of life insurance policies you can buy without a medical exam including level term insurance, simplified issue term insurance, simplified issue whole life insurance and guaranteed issue whole life.

Driver's license are rarely issued without guarantee that the driver has a car insurance insurance policy or at least a minimum insurance policy of sorts.

Depending on the insurance company, at the end of the level term period, you may have the option to use the policy cash value to purchase a guaranteed paid - up «whole life policy» without having to prove your health.

If the policy is guaranteed renewable, you can extend coverage for an additional term without having to qualify again, though the annual premium will increase because you're older.

The accrued cash value of a whole life policy has another benefit; you can use the accrued value without affecting the guaranteed payout amount.

With Nationwide YourLife Guaranteed Level Term, you have the ability to convert your policy to a permanent life insurance product without evidence of insurability.

If you're underinsured, you can look for a new policy with more coverage, or if your plan came with a guaranteed insurability provision you might be able to add more coverage without having to reapply.

Depending on your type of policy, you may be able to convert all or a portion of your policy into a permanent policy without having to prove your insurability (commonly referred to as a guaranteed convertibility provision).

When a policy offers «guaranteed insurability,» it means you can periodically adjust the amount of coverage you need without having to undergo a second (or third, or fourth) medical examination.

MPI is what's known as a guaranteed approval policy, meaning you can qualify without having to go through standard underwriting (read: medical exam).

This is important to policy holders because without the appropriate level of financial backing to meet its obligations defined as pure losses, the company will quickly become insolvent and the policy holder is no longer guaranteed some or all of their benefits under their policy as a result.

Many long - term disability insurance policies guarantee you the right to increase your coverage in the future if your income increases, without any medical underwriting.

So, if a policyholder had purchased a Colony Term universal life 10 policy, and then they decided five years after purchasing it that they wanted to have coverage for the remainder of their lifetime, then the coverage extension feature would have allowed the insured to extend the death benefit protection guarantee to either age 90, age 100, or 105 — and, this could occur without the need for the insured to provide evidence of insurability.

This is a term life policy which includes a conversion rider: The rider guarantees you the right to convert an in - force term policy (or one about to expire) to a permanent policy without going through underwriting or proving insurability.

Guaranteed Issue: An insurance policy provision that allows a certain amount of insurance or type of insurance to be issued without medical evidence of insurability.

Guaranteed Insurability: An insurance policy provision that allows the insured to buy additional fixed amounts of life insurance at fixed time intervals without evidence of insurability.

Insurance companies have offered policies without a medical exam before, but they were usually guaranteed - issue policies with limited coverage.

(this is not guaranteed as each company determines whether glass chipping is covered under their policy without deductible.)

In other words, you can drop the coverage at any time without penalty but the insurance company must honor your guaranteed rate for the first thirty policy years.

You pay one single premium, and your policy is guaranteed to offer a level death benefit for as long as you live without having to pay another premium.

Basically, a guaranteed issue life insurance policy is one where the insurance company issues it to you without knowing anything about your health.

With a dial - in guaranteed term policy, you can pay a premium that will guarantee coverage to a certain age (95 for example) without paying the full premium to guaranteed coverage for your lifetime.

The cost to convert to a whole life policy is expensive but having the option to «lock in» a longer guaranteed rate without proof of health can be invaluable.