In
case you die during this period, your family gets the insured amount (called Sum Assured) and the policy ends.
If you own universal life insurance, it's probably because you didn't want a policy that just provided for dependents in
case you died during your earning years.
Not exact matches
The latest uproar, which threatens to finally overthrow the pro-life consensus in Ireland, stems from the
case of Savita Halappanavar, an Indian woman who miscarried and
died of sepsis
during her pregnancy in Galway.
I reviewed two
cases of sickle cell patients who
died during pregnancy.
In the Mau Mau
case, three Kenyan survivors of atrocities committed
during the suppression of the Mau Mau insurgency recently won the right to claim damages against Britain in the High Court in London (a fourth claimant
died before the conclusion of the process).
Family members of those who
died during encounters with police met Tuesday with Governor Andrew Cuomo in Albany, where the governor agreed to a compromise with the families about appointing a special prosecutor in such
cases.
Even when someone has
died, they pass the
case on to local police and the coroner, who can not comment on an ongoing investigation or
during an inquest.
In December, the AG declined to prosecute Buffalo police in the
case of Wardel Davis, who
died from an asthma attack
during an encounter with the police.
Last week, the Senate finance committee voted down a bill that would give the attorney general responsibility for investigating
cases where an unarmed civilian
dies during a confrontation with police.
Many point to the Jesse Gelsinger
case, in which a teenager
died during a gene therapy clinical trial.
In total, 19 animals
died or were euthanized due to the illness
during the outbreak (
case fatality rate = 19/23, or 83 %).
Only 6 of the 30 wild - type mice (20 %)
died during the course of this study because of fights or undetermined causes (five
cases) and, in one
case, because of a thymic lymphoma.
While appearing in control on the outside, Samantha still suffers the after - effects of her last
case —
during which she was abducted by a killer and nearly
died.
The ideal consumption smoothing
case, assuming no bequest motives, is to save just enough
during your working years to be able to spend your retirement savings to fund about same lifestyle in your retirement years, and to
die broke.
This just means that, in the
case that you
died during the first 2 years of coverage, unless your passing was considered to be an accidental death by the insurer your beneficiaries would only receive a minor payout (the sum of your premium payments with 7 % interest compounded annually).
While this issue is not isolated — the SPCA said it has received seven complaints of pets
dying during grooming sessions in the past year — there are more
cases of injuries than deaths sustained
during pet grooming sessions.
During that disaster, many residents stayed put — and
died in some
cases — rather than heed rescuers» instructions to leave pets behind as waters inundated homes.
In that
case if I
die during the battle I won't blame the game for it but remember the hints I got and will be like «Duh, I should have gotten those equips first».
We had the recent
case where a police office arrested a women after she refused to put out a cigarette
during a stop (where the office was going to give a warning and the woman
died in custody).
Such was the
case for the Szacon family, whose father
died of internal bleeding caused by food poisoning
during a business trip to the United States.
In this
case, while Brady admitted that the victim
died during the course of the robbery, he maintained he should not be sentanced to death as it was soley the actions of his partner, Donald Bobit, that lead to to the victim's death.
In
case the insured
dies during the grace period, the insurer is liable to pay the death benefit (coverage amount) to the beneficiary named in the policy, less any amount outstanding (including the unpaid premium).
Although it is unlikely you'll
die during your working years, you're not insuring for what's likely to happen but instead, for the worst -
case scenario.
In simple terms life insurance pays out a lump sum amount to the nominee in -
case the insured
dies during the policy term.
The interim cash bonus is paid to the insured or his nominees in
case the insured
dies or the plan matures
during the inter valuation dates.
Note: The policy also offers the death benefit in terms of a sum assured to the nominee, in
case the policyholder
dies during the policy term.
Availed with the LIC online term plan, the rider promises double the amount of the Sum Assured paid to the nominee in
case the policyholder
dies during the chosen tenure of this LIC term plan.
In
case the child
dies during the deferment period, the premiums paid till the date of death are returned because the life cover is not applicable
during that period.
The rider benefit promises to pay an extra amount which is the rider Sum Assured in
case the insured
dies during the term of the LIC term plan.
In this
case, however, this rider promises the premium contribution on behalf of the parent who is the policyholder and not the insured, when the parent
dies during the continuation of the plan.
It is important to keep in mind that if the policy owner
dies at any time
during the term period, simply buying just the traditional term coverage and investing the difference will always provide the greatest return on capital, because in this
case the policy owner's estate would not only receive the death benefit but can distribute the invested cash as well.
Worst
case scenario, even if someone
dies during the graded death benefit period, nothing has really been lost because one can simply consider the payments made as a «savings account» since this money will be returned to the designated beneficiary.
That it's not all bad news when it comes to the graded death benefit policies because in most
cases, if an insured
dies from «natural» causes
during the graded death benefit period, most guaranteed life insurance policies (or at least the ones we offer here at TermLife2Go) will have some «reimbursement program» whereby the insured's beneficiary will receive back some if not all of the premium payments that the insured paid plus some type of additional interest earns as well.
If the insured
dies during the term, the beneficiaries will receive the death benefit regardless of the cause of death, except in the
case of suicide.
Especially when it is a pure protection plan like TERM INSURANCE offering higher sum assured at a nominal cost and where the insurance company has to pay a death benefit in
case of insured
dies during the term of a policy.
As term plans are meant to help dependents financially in
case the bread winner
dies during the policy period.
In
case of any unfortunate event, if the husband
dies in the 5th year from the inception date of the policy issuance
during the policy period, the surviving partner will receive the sum assured of Rs. 1 crore as a lumpsum.
They pay out sum insured in -
case the insured
dies during the term of the policy.
The family of a diseased policyholder is provided with the assured financial security, in
case the insured
dies during the policy term and fails to pay off a debt like education loan or even home loan.
Term insurance is the simplest form of life insurance plan that offers comprehensive life coverage over a period of time and in
case the insured person
dies during the tenure of the policy, the guaranteed death benefit is payable to the nominee of the policy.
Also, the entire sum assured for the disease (heart or cancer) is paid to the nominee, in
case the policyholder
dies during the policy term.
In
case if the policyholder
dies during the extended cover period, an amount equal to 50 % of the basic sum assured is payable to the beneficiary of the policy.
Such policies also provide life coverage, in
case the policyholder
dies during the policy term.
In
case of child insurance plans the child gets dual benefit if the Policyholder
dies during the currency of the policy.
Save Benefit: In
case the insured
dies during the policy term, the sum assured shall be paid to the beneficiary (child) and all the future premiums shall be paid by the company.
In
case the policyholder
dies during the policy term, the death benefits are paid to the nominees which include full sum assured amount and additional vested bonus
In
case, the policyholder
dies during the term of the policy then the nominee will get all the death benefits.
In
case the policyholder
dies during the term of the plan, the policy continues, the nominee / beneficiary doesn't have to pay any further premiums and at the time of maturity, the sum assured and other benefits as promised in the insurance policy are paid to the child.
In
case the policyholder
dies during the policy term, the nominee shall receive sum assured and fund value of the policy
In
case if you
die during the tenure of your plan, the nominee as per stated in the documents of the policy will be able to receive tax - free cash payouts of a predetermined amount.