The face amount of the coverage can range between a minimum of $ 100,000 up to $ 30 million — depending on
the age of the insured at the time of application.
Saving age is commonly used to make the insurance
age of the insured at policy issue lower than it actually is in an effort to receive a lower premium.
The premium rate is normally based on
the age of the insured at the time of the conversion.
This is based primarily on the older
age of the insured at that time).
Backdating is commonly used to make the insurance
age of the insured at policy issue lower than it actually is in an effort to receive a lower premium.
The premiums will be calculated based on
the age of the insured at the time of conversion and the type of permanent policy being issued.
The pricing varies on
the age of the insured at time of the policy's purchase.
The face amount of the coverage can range between a minimum of $ 100,000 up to $ 30 million — depending on
the age of the insured at the time of application.
Attained age will use
the age of the insured at the time of conversion.
Every time the policy is renewed, the premium increases to the amount for the attained
age of the insured at that time.
This death benefit amount will typically depend on
the age of the insured at the time that he or she initially applies for the coverage.
Death benefit amount: Depends on the sum assured, fund value, all premiums paid and
age of the insured at the time of death.
Not exact matches
By putting away 30 % -40 %
of our income every month, we are well on our way to being self -
insured by the time we retire
at age 52.
The coverage provided by the rider can be converted to a permanent policy as long as a plan
of insurance is available
at the additional
insured's current
age.
Waiver
of Monthly Deductions Rider All monthly deductions (for base policy, riders and policy charges) are waived should
insured become totally disabled for
at least 6 months before
age 65.
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.
When the
insured is
age 70 — or
at the end
of the guaranteed period
of level - premium — whichever occurs first, the
insured is allowed to convert the level term life insurance policy over into a whole life insurance or a universal life insurance plan.
Re-Entry: A policy provision that allows an
insured to renew their term life insurance policy
at the end
of the term based on their attained
age and health status.
In case the Life
Insured is a minor
at the time
of the policy issuance, the ownership
of the policy will vest in the Life
Insured on attainment
of 18 years
of age,
age last birthday.
In case
of the life
insured being a minor
at the time
of policy issuance, the ownership
of the policy will vest in the life
insured on attainment
of age 18 years,
age last birthday.
i) If you assume that kind
of adjustment in
age, back
of envelope that could imply over a third
of the current
insureds are still alive
at 100 years
of age — do you really think that's likely?
The first line consists
of the Social Security number, the date
of birth, the PIA, the MFB, the rounded benefit amount, the
age at benefit date, the PIA factor code, and a true / false indicator for the worker being
insured for the benefit, if it is an old -
age or disability case.
With a paid - up policy, you make payments until a particular
age (usually 65 or 70),
at which point you are
insured for the rest
of your life or a very old
age like 120.
The 7 yr forward mortality experienced from Sep 30th 2006 (my estimate: 38 mortalities) works out around
at 30 %
of the initial lives
insured (which I make 123 after adjusting for later policy - sales and 1 policy addition), whereas the CDC 2008 (white male / female) data predicts 59 % for the 7 yr forward mortality rate
at the average
age which was 84 in Sept 2006.
If avg
age of the
insured under these policies is 95 for instance we are looking
at chances around 30 % more.
This can be done by breeding the sow
at a young enough
age (before 6 months
of age) to
insure the pelvic symphysis has not fused, and the pelvic canal can expand during delivery.
Thanks to an
aging population and the promise
of a larger number
of insured individuals under healthcare reform, healthcare industry employment is expected to grow
at a rate exceeding nearly all other industries in the United States.
Ownership limitations vary from state to state including:
insuring dogs for
at least $ 100,000, warning signs
of dangerous dogs on private residency and the
age of the owner must be 21 years
of age or older.
(1.3) Subsection (1.4) applies if an
insured person is under the
age of 16 years
at the time
of the accident and none
of the Glasgow Coma Scale, the Glasgow Outcome Scale or the American Medical Association's Guides to the Evaluation
of Permanent Impairment, 4th edition, 1993, referred to in clause (1.2)(e), (f) or (g) can be applied by reason
of the
age of the
insured person.
(b) after the
insured person attains 25 years
of age, in the case
of an
insured person who was less than 15 years
of age at the time
of the accident.
(a) more than 10 years after the accident, in the case
of an
insured person who was 15 years
of age or more
at the time
of the accident; or
Where an ICBC
insured at the date
of death resulting from a motor vehicle accident comes within an
age group set out in column A
of the following Table and the
insured has the status set out in column B, C or D, the amount
of death benefit payable under section 92 is the amount set out below that status and opposite that
age group.
(a) more than 260 weeks after the accident, in the case
of an
insured person who was
at least 18 years
of age at the time
of the accident; or
(4) Subsection (5) applies to an
insured person who was under the
age of 18
at the time
of the accident and whose impairment is not a catastrophic impairment within the meaning
of subsection (1).
If the
insured person was 18 years
of age or older
at the time
of the accident, a traumatic brain injury that meets the following criteria:
45.1 If an
insured person who is under 18 years
of age at the time
of the accident sustains a traumatic brain injury that meets the criteria in subparagraph 5 i or 5 ii
of subsection 3.1 (1) and that was caused by an accident that occurs on or after June 1, 2016, the person may submit an application under subsection 45 (1) and subsections 45 (2) to (5) do not apply, and the impairment is deemed to be a catastrophic impairment for the purposes
of subsection 45 (6).
Note: If an
insured person is under the
age of 16 years
at the time
of the accident and none
of the Glasgow Coma Scale, the Glasgow Outcome Scale or the American Medical Association's Guides to the Evaluation
of Permanent Impairment, 4th edition, 1993, referred to in sections (6), (7) and (8)
of the above criteria, can be applied by reason
of the
age of the
insured person, then an impairment sustained in an accident by the
insured person that can reasonably be believed to be a catastrophic impairment shall be deemed to be the impairment that is most analogous to the impairment referred to in sections (6), (7) and (8)
of the above criteria, after taking into consideration the developmental implications
of the impairment.
The
age of insured can be assumed to be 20,40, or 60 years
at the time
of investment.
An existing rider can apply to term conversions (with evidence
of insurability) only if,
at the time
of conversion, the
insured is not disabled, is
age 55 or younger, and the rider is active on the term policy being converted.
Original
Age Term Conversion With some term policies that can be converted to permanent coverage, the company agrees to set the premium rate for the permanent coverage at the original age of the insur
Age Term Conversion With some term policies that can be converted to permanent coverage, the company agrees to set the premium rate for the permanent coverage
at the original
age of the insur
age of the
insured.
In fact, depending on the
insured's
age and health condition
at the time
of policy application, some
of Mass Mutual's plans can be obtained for under $ 10 per month.
Re-Entry: A policy provision that allows an
insured to renew their term life insurance policy
at the end
of the term based on their attained
age and health status.
The GIO rider allows the
insured to buy more life insurance without evidence
of insurability
at certain
ages, or alternatively, on special occasions, such as marriage or the birth or adoption
of a child.
This benefit has no up - front charge, but the benefits are discounted based on the
insured's
age at the time
of the claim.
To get a mortgage
insured, you may need to go outside some
of those requirements, such as being accepted for coverage
at an advanced
age.
Many insurers place restrictions on a final expense life insurance policy which require the
insured to be
at least 50 years
of age and many policies are not available for buyers over 85 years or
age.
This rider can only be added
at issue, and the issue
age of the base
insured must be 18 to 55.
(Term life insurance policies are only in force for a certain, set period
of time such as 10, 15, 20, 25, or 30 years and then they will automatically expire, leaving the
insured to have to re-qualify for coverage if they want to remain
insured at their then - current
age and health condition).
Available
at time
of purchase if the policy
insured is between the
ages of 20 and 55, nearest birthday.
There are a lot
of people out there diagnosed with conditions, which if
insured at a young
age, can be covered.