Sentences with phrase «after the death of the policy holder»
Life insurance pays money to beneficiaries after the death of a policy holder.
lifeinsurance.org
Many people are worried about how their family members will pay the premiums after the death of the policy holder.
If you are planning to make a death claim, do not wait too long after the death of the policy holder.
The policy allows allocation of nominees who become entitled to receive the entire principal sum after the death of the policy holder.
The first option is to pay the cash value only after the death of the policy holder.
A longer cover is an important criterion because in a term plan the family receives the money after the death of the policy holder.
Life insurance pays money to beneficiaries after the death of a policy holder.
Annuity of whole life along with an option of transferring 50 % payment made to spouse after the death of policy holder.
Family Support Services consists of having a representative from the Funeral Consumer Guardian Society (FCGS) show up to help the family cope with the many details that arise after the death of the policy holder.
Premium, it is the amount paid to the companies for an agreed amount of time to ensure that beneficiaries receive the insurance claim after the death of the policy holder.
It is par for the course that all life insurance companies will go over the application forms after the death of the policy holder to check and see if there were any misstatements or wrong information which could void the policy.
This plan is applicable for a specified tenure such as 10, 15, 20 etc where the assured sum is obtained after maturity or the nominee gets the amount after the death of the policy holder.
Types of Life Insurance The amount of claim benefits a beneficiary gets after the death of the policy holder varies on the type of policy he or she purchased.
Life insurance policies pay out after the death of the policy holder.
In option 10, after death of policy holder, his or her spouse gets the same pension amount where as this benefit is not avalable in option 6.
After the death of policy holder, how much amount will be returned?