Sentences with phrase «certain policy dates»
One of the neat things that they do is not only offer you certain policy dates when you can add on the additional coverage but also allow you to add additional coverage on important life events such as the date of your marriage or the date of birth when you have a child or adopt a child.
https://www.insuranceblogbychris.com/ Not exact matches
If there are certain days or times during the year when your startup truly needs everyone at work, make those dates clear in your vacation policy and communications with staff.
Do not overlook to check the cancellation policy in case you want to give up membership on a certain dating web site.
The free dating sites also have certain policies against breaching of privacy and vulgarity.
After all you are on a date, not at a conference debating over certain policy!
Universal life insurance policies have a maturity date which occurs when you turn a certain age (often between 85 to 121).
Some term policies allow you to do this only at certain intervals or dates, so check your policy.
Suicide Clause: A life insurance policy provision that states if the insured dies by suicide within a certain period of time from the date of issue (usually two years) the amount payable would be limited to the total premiums paid minus any policy loans or outstanding premiums.
Tuition refund policies vary by school, but typically a school will only provide a partial refund for withdrawal after classes have begun, and will provide no reimbursement after a certain date.
In certain cases, if your policy lapses, you can restore it by providing acceptable evidence of insurability and bringing unpaid premiums plus interest up to date.
As your child grows into an adult, this rider allows you to buy additional life insurance above the face value of the current policy (on specific dates and in certain increments) regardless of his / her health status at the time.
A renewable portfolio standard is a state policy that requires electricity providers to obtain a minimum percentage of their power from renewable energy resources by a certain date.
In Ontario, this deadline would usually be two years after the date of the insurer's denial, although under certain property policies, the deadline is one year after the loss or damage of the insured property.
It states: «Unqualified statements such as «We apply the terms of the new Act to all our customers immediately» will have very wide ramifications, for example on long - tail business, unless it is also clearly stated that the interim provisions only apply to policies incepting after a certain date.»
Simple Automatic Increase Options The Simple Automatic Increase options apply a fixed rate of growth to certain Long - Term Care Insurance policy benefits each year on the policy anniversary date.
Suicide Clause: A life insurance policy provision that states if the insured dies by suicide within a certain period of time from the date of issue (usually two years) the amount payable would be limited to the total premiums paid minus any policy loans or outstanding premiums.
Compound Automatic Increase The Compound Automatic Increase options apply a fixed rate of growth to certain Long - Term Care Insurance policy benefits each year on the policy anniversary date.
However, universal life is thought of as being more flexible than whole life because the policy holder has more control over when the premium due date is, as well as how much of the premium goes towards the death benefit, and how much goes towards the policy's cash value (within certain guidelines).
Under this law, life insurance death benefits of employer - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements for an exception to taxation are met.
Some term policies allow you to do this only at certain intervals or dates, so check your policy.
A qualifying event can be anything that starts the terms of your insurance policy, for example by paying a premium or reaching a certain date.
Under this proposed law, life insurance death benefits for business - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements are met.
The policy may also have an expiry period where you must convert by a certain date.
I actually love this about them since you always know exactly when to expect a decision especially for clients who need a policy by a certain date.
Others allow insurers to cancel policies for any reason during a certain time period, such as 60 days from the policy inception date.
Universal life insurance policies have a maturity date which occurs when you turn a certain age (often between 85 to 121).
Cancel For Any Reason is a time - sensitive benefit that is available on certain policies within 14 - 30 days of your initial trip deposit date.
Under this proposed law, life insurance death benefits of employer - owned life insurance policies issued after the effective date of August 17, 2006 are income taxable (to the extent the death benefit exceeds the employer's premiums) unless certain requirements for an exception to taxation are met.
Universal life insurance is more flexible than whole life, as the policy holder can alter the premium (based on certain guidelines) regarding due date and the amount.
Universal life offers both permanent protection and flexibility in that the policyholder can — within certain guidelines — alter the premium due date, and can also decide how much of his or her premium dollars go toward the death benefit or the policy's cash value.
While the possibility of terrorism is not a covered reason, many policies will cover you to cancel if a terrorist attack occurs at or near a destination listed on your itinerary within a certain amount of days of your scheduled departure date — typically within 14 - 30 days.
If you should commit suicide within a certain number of years, usually 2 years, from the date you purchased the policy the death benefit will be limited to the premiums paid.
A provision in a life insurance policy that if the death occurs during a certain time period (often 20 years), the policy will pay an amount equal to the cash value of the policy as of the date of death in addition to the face amount owed.
You should always read through your renewal each year to make certain you're up - to - date on the latest features of the policy, any changes in premiums or other vital information.
An endowment life insurance policy is a form of insurance that «matures» after a certain length of time, typically 10, 15 or 20 years past the policy's purchase date, or when the insured reaches a specific age.
A limited pay whole life policy is a permanent insurance policy guaranteed to be fully paid - up at a certain date, or when you reach a certain age, with no more premiums due.
So, as on date, this feature is generally available only for traditional non-linked endowment based policies wherein after you pay a premium for a certain number of years (usually three), the policy acquires a surrender value.
If you buy a term life insurance policy, for example, you assume that your children will no longer be dependent upon you by a certain age and that you won't have a need for an insurance policy after a certain date.
Even though New York Life technically only offers term limits between 10 and 20 years, its Policy Purchase Option does allow you to buy a new replacement term policy at several set dates (like when you hit a certain age or experience certain life events) without a second medicalPolicy Purchase Option does allow you to buy a new replacement term policy at several set dates (like when you hit a certain age or experience certain life events) without a second medicalpolicy at several set dates (like when you hit a certain age or experience certain life events) without a second medical exam.
For this policy, the client must live for a certain period of time, which is usually two years.If the policy holder dies before that time, the life insurance company will pay out the amount that was paid into the policy up to that date.
Apple has initiated a new three - year service policy for the Smart Keyboard for both the 9.7 - inch and 12.9 - inch iPad Pro, MacRumors has learned.Apple has determined that some Smart Keyboards may experience «functional issues» during use, such as the Smart Connector not working or certain keys sticking, repeating, or not responding, according to an internal memo distributed to Apple Stores and Apple Authorized Service Providers last week.Apple says it will service any qualifying Smart Keyboard free of charge within three years of the date it was originally purchased.We recommend affected customers call an Apple Store to schedule a Genius Bar appointment or visit an Apple Authorized Service Provider to initiate the repair process.