Sentences with phrase «age of the insured at»

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 insurAge 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 insurage 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.
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