Sentences with phrase «after the death of the insured limited»

Risk coverage is for the entire duration of life and the sum assured is paid after the death of the insured Limited Payment Whole Life Insurance: where premiums are paid for a limited and shorter period of time as chosen by the insured or after his death, whichever happens earlier.

Not exact matches

If the insured dies within the first two years after the policy is issued, a limited death benefit may be paid subject to the terms of the policy.

As you know, these policies will generally be limited to 25K in coverage and will contain Graded Death Benefit clauses which will require the insured to live at least 2 years after the policy begins before it will cover «natural causes» of dDeath Benefit clauses which will require the insured to live at least 2 years after the policy begins before it will cover «natural causes» of deathdeath.