If you don't mind paying more for your life insurance upfront, this plan will return your money if you are
alive when the coverage expires.
If you are
alive when your term expires, the life insurance coverage ends.
Because most term life insurance policies never pay a death benefit, as the policyholder is usually still
alive when the term comes to an end, the insurance company can charge much less in premiums and remain profitable.
The policy does not pay out if you are
alive when the term expires.
So, as you can see, if none of the people you named as beneficiaries are still
alive when it's time to collect the life insurance payout, the death benefit just gets passed down from estate to estate.
If the primary beneficiary is not
alive when the insured dies, the policy will then pay the death benefit to the successor beneficiary.
Guaranteed Maturity Benefit is paid if the person whose life is insured is
alive when the policy matures, provided all premium payment have been made.
If John is
alive when his policy expires at the end of 20 years, the insurance company returns John's paid premiums, a total of $ 34,466.40.
When you buy return of premium term life insurance, you'll receive a full refund for all of the premiums you pay over the years if you're still
alive when your insurance term ends.
Contingent beneficiaries will only receive the death benefit payout if no primary or secondary beneficiaries remain
alive when the death of the insured occurs.
If you are
alive when the term of your term life insurance policy ends, your life insurance expires and no death benefit is paid out.
However, if you are still
alive when the policy matures, you're guaranteed a payout, called an endowment, that you can use to pay for a child's college education, retirement, or other expenses.
If the beneficiary sets a time to stop receiving interest payments and is
alive when that time comes, they will receive the full death benefit of the policy then.
Basically, you are betting that you will be
alive when your policy ends, and you'll get back almost all of the premiums you paid for your life insurance coverage.
If you are still
alive when your term life insurance policy expires, you'll have «wasted» a few thousand dollars, but what about your auto insurance?
So, a return premium term life policy is another option for anyone who wants money back if they should be
alive when their term insurance ends.
If you are still
alive when the term ends, you walk away with nothing.
Maturity Benefit is paid if the person whose life is insured is
alive when the policy matures, he or she receives 40 % of the Base Sum Assured plus accrued Simple Reversionary Bonus plus Terminal Bonus.
If the insured is
alive when the term ends, there is no payout.
The insurer will only consider the claim if the life insured is
alive when the diagnosis was performed.
Maturity Benefit is paid if the person whose life is insured is
alive when the policy matures, he or she receives the Sum Assured plus the accrued Guaranteed Additions.
The beneficiary who will receive death benefits as long as he / she is
alive when the insured dies.
She was delivered by cesarean section, essentially not
alive when she was born, but resuscitated, Higgins said.
They do fine thinking about what rules make sense if everybody alive today is still
alive when you die and you own what you own now when you die, but have a very hard time thinking about what would be appropriate if people predecease them or if their assets change substantially.
Oh, and in any litigation, you should always make sure your client is still
alive when you file.
I don't expect a reward for feeding my kids cold hot dogs and keeping
them alive when my wife is gone.
In 1984, «Litigation» (the former title of this column) rediscovered the Queen's Proctor was still
alive when Sir John Arnold, President of the Family Division, rescinded three decrees nisi based on unreasonable behaviour in favour of petitioners who had sworn special procedure affidavits falsely deposing that they and their spouses were not living together.
The Toronto Star reports today that «Officer's diary says Khadr not only survivor; Guantanamo court documents state second fighter was
alive when U.S. forces arrested Toronto teen.»
Guillot said that the frilled shark was still
alive when he got it to the surface.
The researchers are also uncertain if the bird was even
alive when the anemone grabbed it, but from the state of decomposition they estimate it was dead for two days before finding it.
I was
alive when the first submarine surfaced at the North Pole, and I saw the pictures in the newspaper.
I'm delighted to say that I wasn't
alive when a dreadful storm surge hit the East of England and the Netherlands in 1953.
Mahalik: Cause» you're
alive when you go to sleep.
I was very much
alive when the big freeze came in in the early 1950's.
If it's still
alive when the dust clears, your brainchild receives conditional acceptance.
Along with his ongoing production of paintings, Graeber's engagement with sculpture has been fairly constant over the years, with his best efforts being simple small scale works that are aesthetically
alive when viewed from any vantage point.
HOW CAN AN ARTIST keep high modernism
alive when rumors of its death abound?
... Works of art should be seen, because they're only really
alive when they're being seen.»
There is some doubt about the date of death, with indications that Cervelli was
alive when his work was being shown in Connecticut in 1967.
Installed in twelve sections according to a plan devised by the artist, who was still
alive when the exhibition was conceived, «On Kawara — Silence» seemed to perform an inaudible composition for a percussionist: repetitive and yet infinitely faceted.
JD: Dennis was still
alive when we worked on his show.
Just as comic books use words to supplement their visual images, these artists used words to keep visual art
alive when it seemed to be on life support.
As I wasn't even
alive when the original came out, I can't speak toward whether or not it was a good game (Though my research points in that direction).
If your team leader is
alive when you get killed you respawn in 10 seconds.
Why would Ubisoft want to dedicate resources to keeping more servers
alive when they know most fans will be enjoying the superior multiplayer offerings of Assassin's Creed IV?
Magus does not need to be taught magic as he already knows a great deal about Shadow magic as he was originally
alive when magic existed.
The company unveiled a new «book» by J.K. Rowling that comes
alive when under the PlayStation 3's gaze.
It was a game you could fully enjoy alone and somehow came even more
alive when you were running amok with friends in free roam.
The premise is easy to understand even if you never played the original game, which is good considering there's a solid chance many potential players weren't even
alive when that came out.
Stay
alive when your worst dangers are the cold and starvation.