Sentences with phrase «chosen policy period»

As the name suggests, in this case, the insured needs to pay only once a lump sum amount and gets coverage throughout the chosen policy period.

One can simply visit the insurance company's website, go to the buying process, fill all the necessary details, choose the policy period - two or three years and then proceed to buy.

In LI, you can choose the policy period, which will be subject to certain ceilings / restrictions that vary between different policies.

Not exact matches

This widening in the gap between fixed and variable housing rates is likely to have contributed to the pick - up in the proportion of borrowers choosing to take out fixed - rate housing loans: in November 2004, the latest available data, 11 per cent of new owner - occupier housing loan approvals were at fixed rates, up from 7 per cent three months earlier and the highest share since the beginning of 2004, which followed a period of monetary policy tightening (Graph 45).

Premiums are generally paid for the life of the policy, though some choose to pay a higher premium for a shortened period of time, such as 20 years, in order to make sure their policy doesn't lapse later.

Regardless of who is chosen, the presidential honeymoon period is always short and with a budget still left to complete, ESSA state plans pending future review, and a wide range of other policy issues waiting at the doorstep this individual will have to hit the ground running.

Choose our Disablement Premium Waiver option, which pays the premiums of your pure life and dread disease policy on your behalf for a period of up to five years if you become disabled and the full cover amount of your disablement policy is paid out

When choosing a term policy, you have to pick how long you want the coverage period, or term, to be.

Choose your own coverage period as there are multiple Policy Term options available under the product.

So, to make your policy more affordable, you might be better off choosing a longer elimination period.

You can choose to make smaller premium payments throughout the life of the policy, larger payments over a shorter period (known as limited pay whole life), or lower premiums in the beginning and higher premiums afterward.

However, rather than having premiums that are paid for the rest of the policy holder's life, the policyholder instead chooses to pay for only a set period of time such as for 10 years, 15 years, or until he or she reaches age 65.

35 year old Siddharth chooses our Bharti AXA Life Flexi Save with a policy term of 20 years as he wishes to receive guaranteed benefits along with the flexibility of withdrawing money any time during the flexi benefit pay - out period.

If the prices quoted are lower than what you're paying for your policy now, or if you can lock in a low rate for a longer period, just choose an insurer and apply online.

A term life insurance policy covers you for a specified period, depending on the term length you chose when you bought the policy.

You can also choose to have the policy proceeds distributed over a certain period of time, say five years, 10 years, or even 20 years.

Coverage can often continue after the chosen period if needed (but the cost will rise, sometimes significantly), or can be converted to a permanent life policy.

You choose the length of the coverage, also called the «term» of the policy (Term 10, Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amount.

However, many people choose to start whole life insurance programs at a very young age because cheap insurance is so plentiful and the policy owners can milk the cash value growth for a longer period of time.

If a pet owner chooses continued coverage after the 30 - Day Certificate, the wait periods for the full - term policy will be waived and they will be able to use their insurance immediately.

In its better periods, it was able to quell public unrest through persuasion by public officials able to explain why the public policy that had been chosen was the best available among the possibilities.

You have to carefully choose your term period so you don't outlive your policy and have a gap in coverage.

A life insurance company could possibly end a term policy after the initial term period has ended, but you typically have the option to pay higher adjusted premiums if you so choose.

Some choose to renew their policies on an annual basis but most choose guaranteed level term life insurance, which is where you a select coverage for a certain time period in increments of five years up to 30 years.

A term life insurance policy covers you for a specified period, depending on the term length you chose when you bought the policy.

If you have chosen this form of term life insurance with no waiting period and medical exam, then your benefits will be immediately honored to the amount stated in the policy.

Just make sure you choose a long enough Term period so you don't outlive the policy.

Full convertibility to a permanent life insurance policy of the company's choosing, up to the end of the level - premium period or age 75 of the insured, whichever comes first.

So, if you keep your policy for the term period which you are free to choose for yourself (usually 15, 20 or 30 years), if you are alive at the end of your coverage term you can receive the entire premium cost that you paid throughout the whole term to keep your policy in force.

The acute onset benefit will be the same amount as your client's chosen policy maximum; however, unlike the policy maximum, the acute onset is paid on a per policy period basis.

The longer the guaranteed level term period you choose the more expensive the policy.

Because you can choose your policy's term (generally anywhere from 5, 10, 20, and even 30 years), you can select the policy that best fits your budget - especially if you need coverage for only a certain time period.

Proposer can either choose one year or two year as policy period.

During the previous enrollment period we wrote a terrific guide outlining how to choose the right health insurance policy, and we created a handy checklist for beginners that will save you a lot of frustration as you shop the marketplace.

You can choose to change certain terms or opt out of the policy altogether during this period.

That's up to you to decide, based on the policy you choose; the longer the payment period, the more expensive your policy is going to be.

Depending on your state, if your insurance company chooses to nonrenew your policy at the end of the policy term, it must notify you and provide an explanation within a specified time period.

Using a probability - of - ruin measure, Goss (1990) argued that consumers would benefit from having a wide range of policy designs to choose from, including longer waiting periods than were generally available.

Coverage for multi-trip travel insurance is basically huge, as you are paying more and the policy will cover you for all the trips you do, within the time period you choose while buying the plan.

Depending on the period chosen, withdrawals during the 3, 4, 5, 6, or 7 years of the policy may be subject to surrender charges.

This allows you to select to receive your policy proceeds over a specific period of time, up to 30 years, and you choose the frequency of your payments: monthly, quarterly, semiannual, or annual.

If the death claim occurs within that two - year period, the company may choose to rescind the policy and not pay the claim.»

One of the most common reasons given for not choosing to continue with a particular insurance company after a policy period is the ability to save money.

Choosing a renewable or convertible life insurance policy may also protect you from the contestable period in life insurance, which allows payment of the death benefit to potentially be investigated and denied during the contestability period.

Policies are designed to offer a predetermined monetary benefit for a chosen number of years after a short waiting period has been met, usually between 0 - 100 days.

When you buy a term life policy it typically involves choosing a level - term period of 10 years, 15, 20, 25, or 30 years.

* You can purchase a ROP life insurance policy and choose a term period that is best for your specific needs.

While your policy may not be cancelled, if you file multiple claims or a large claim during your insurance coverage period, the insurance company may choose not to renew your policy once it has expired.

The Gerber Life College Plan is an individual endowment policy that provides adult life insurance coverage for parents for a specified period of time chosen by you — between 10 and 20 years.

First, you will have to pay your chosen deductible once per policy period (varies from $ 100 to $ 2,500) before the insurance company starts paying for covered expenses, even for doctor visits.