Sentences with phrase «as the insurance policy typically»

Insurance Claims The majority of personal injury cases will involve dealing with an insurance company or companies, as insurance policies typically pay the settlements or verdicts in personal injury lawsuits.

Not exact matches

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

Cash value life insurance policies are typically permanent, meaning you have coverage for the entirety of your life so long as premiums are paid.

This is why we would typically recommend accidental death and dismemberment insurance as a supplement or rider to traditional life insurance, but not as a standalone policy.

Permanent life insurance policies, such as whole and universal life insurance, offer lifelong coverage and typically have a cash value component.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

Typically, any person or entity can be named a beneficiary of a trust, will or life insurance policy, and the one distributing the funds, or the benefactor, can put various stipulations on the disbursement of funds, such as the beneficiary attaining a certain age or being married.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

Cash value life insurance policies are typically permanent, meaning you have coverage for the entirety of your life so long as premiums are paid.

The tornado insurance included in a homeowners policy typically covers damage to the structure of your home and out - buildings, as well as your personal possessions.

Typically, liability coverage limits on an auto insurance policy are written as two numbers such as $ 100,000 / $ 300,000.

Convertible term life insurance is typically a normal level term policy that has the option to convert the policy into permanent insurance by the end of the term or by a specified age, such as 70.

While both types of insurers typically offer broadly similar life insurance policies and provisions, as we shall see, the ownership structure of mutual life insurance companies puts these insurers in a position to take a different approach to managing their businesses and offering policy features than that taken by stock life insurers.

Many insurance policies typically have a one - year term and a carrier might charge you a termination fee for canceling it early, reducing any prorated amount you received as a refund for the months you were not covered.

It's typically the cheapest life insurance product, as coverage isn't permanent and you can not borrow against the policy.

And while term insurance is sold for specific periods of time, typically anywhere from 5 to 30 years, a cash value insurance policy is usually considered to be a permanent life insurance policy, as these products are designed to remain in force for your entire life.

Guaranteed acceptance policies are typically whole life insurance policies, meaning they offer coverage for your lifetime so long as you continue to pay premiums.

All of those who are covered typically receive a certificate of insurance that serves as proof of insurance but is not actually the insurance policy.

The insurance company typically invests the cash value, which continues to grow tax deferred as long as the policy is in force.

Guaranteed universal life insurance is the cheapest way for seniors to get permanent life insurance coverage, as policies typically have little to no cash value component.

A homeowners insurance policy typically protects your home and other structures, such as a fence or shed, against specific causes of loss, known as perils.

Homeowners insurance typically helps protect your home against risks (described in some policies as «perils»).

If you own a mobile home, there's an HO7 policy for you, while on the other end of the homeowners insurance quote spectrum, there's the HO8 policy for older homes (typically something that qualifies as registered landmark or architecturally significant).

A homeowners insurance policy with actual cash value coverage typically determines value by taking the cost to replace your personal belongings and reducing that amount due to depreciation from factors such as age or wear and tear, says the Information Information Institute (III).

Child life insurance is typically sold as a whole life insurance policy with a death benefit under $ 100,000.

Often the employer is the beneficiary of the policy and the policy typically is referred to as key person insurance.

Typically, a certificate of insurance will be included as part of your policy forms.

These policies are typically referred to as «no exam» life insurance policies.

Typically term life insurance policies will not be used as they have an expiration date.

Expensive items - such as jewelry, antiques, collectibles or premium electronics — are typically covered under a renters insurance policy, but only up to a certain dollar amount.

This important whole life insurance policy is typically purchased to cover the cost of a funeral and burial and, sometimes, other expenses that must be paid to close an estate, such as credit cards and other types of small loans or bills.

Acts of war or acts of God such as earthquakes or floods are typically excluded from standard homeowner's insurance policies.

Typically, he would not be able to increase the policy's coverage amount but some types of insurance may allow that as an option.

Endorsements serve as add - ons to a standard home insurance policy and are typically priced in accordance with how much coverage you'd like to receive.

Typically the decedent owns the life insurance policy on their own life and has the power to make changes to the policy which counts as an incident of ownership.

Policies are typically sold by the funeral home or an insurer associated with them (such as the Funeral Directors Life Insurance Company) instead of an independent agent.

Typically, a universal life insurance policy holder may adjust — within certain limits — the death benefit amount, as well as the timing and the amount of their premium.

Typically, a standard home insurance policy will provide 10 % of the total dwelling coverage as protection for additional structures.

Typically, you can obtain $ 1 million in coverage for a couple hundred dollars annually; higher coverage amounts can be even more cost - effective.2 Before adding umbrella insurance, however, you generally must purchase the maximum liability coverage on your homeowners and automobile policies, which serve as a deductible for the umbrella policy.

And since your health typically worsens as you get older, insurance companies take that into consideration when they're figuring out how much to charge you for your ten, twenty, or thirty year term insurance policy.

Permanent policies typically have an investment component as well as the insurance, and a «cash surrender value» if you cancel them.

Modular home insurance will typically be in the same range as a policy for a traditional site - built home.

Debit cards offer little or no additional benefits, while some credit cards offer cash - back rewards, and major cards typically include extra benefits such as travel insurance, extended warranties, and secondary collision and theft coverage for rental cars (up to policy limits).

But permanent policies such as whole life insurance typically provide a lifetime death benefit, regardless of your health, as long as you pay the premiums to keep the policy in force.

The selling policyowner receives an upfront cash payment in exchange for transferring ownership of the life insurance policy — typically more than any existing cash value but less than the policy's full death benefit — and the investor as the new owner then continues to make the ongoing / annual premium payments.

Typically, auto insurance coverage — liability and collision — will cover the insured person's damage to his or her vehicle in an accident, the damage to the other person's auto or property if the insured was at fault, as well as medical bills, all up to the maximum stated in the policy and subject to the deductible.

Carnicelli concluded, «Americans who plan to travel this summer indicated that when they travel, they are typically covered by some form of an insurance protection policy for risks such as lost or stolen baggage (59 %), medical coverage for themselves or family (69 %), vehicle breakdowns (70 %), or a transportation accident (64 %).

In a case such as this, we will pursue the highest amount of financial compensation possible, and this will typically be covered by the responsible driver's insurance policy.

Example # 3: There is no coverage under the program policy for what is typically viewed in the insurance world as education liability or media liability.

Typically, a landlord's insurance policy covers what's termed as «to the studs.»