Sentences with phrase «collect on a life insurance policy»

Many consumers felt like they were throwing their money away since there was no guarantee of a beneficiary ever collecting on their life insurance policy if they outlived the duration of their term insurance.

The film is about a woman named Phyllis Dietrichson, who together with an insurance salesman devises a plan to kill her husband and make it look like an accident to collect on a life insurance policy.

Not exact matches

If worst comes to worst, they'd happily collect on Harold's $ 5 million corporate life insurance policy.

While it is something you buy hoping to never collect on, one of few disadvantages of term life insurance is that you can only get a return on your investment if you die, unlike whole life which gives a return at the end of the policy regardless if the party is living or deceased.

Our promise to you is that we will be there every step of the way if you should ever have to collect on your loved one's life insurance policy.

Group life insurance is a great benefit to take advantage of through your employer, but you can only collect on your group life insurance policy if it's in force and you're employed with the company when you die.

Medical Information Bureau (MIB) All responses on a policy application are subject to submission to the MIB, an independent entity that collects and stores medical data on life and health insurance applicants.

It prevents people from taking out policies on critically ill people in order to collect life insurance upon their passing.

In the settling of his estate, things became interesting when his executor went to collect on a $ 10 Million life insurance policy he owned through ReliaStar Life Insurance (a Voya Compalife insurance policy he owned through ReliaStar Life Insurance (a Voya insurance policy he owned through ReliaStar Life Insurance (a Voya CompaLife Insurance (a Voya Insurance (a Voya Company.)

Also, should the time come to file a claim on a life insurance policy, the beneficiary will need to contact the actual insurance company — not Progressive — to file a claim and collect the benefits.

Most states, if not all, have laws on the books that prevent a life insurance beneficiary from collecting the insurance policy if he or she is responsible for the death of the insured.

All responses on a policy application are subject to submission to the MIB, an independent entity that collects and stores medical data on life and health insurance applicants.

Many people don't realize that you can only collect on your group life insurance policy if it's inforce and you're employed with the company when you die.

Longevity annuities are like «reverse life insurance», meaning premium dollars are collected by the life insurance company by its policy holders to pay income when a policy holder lives a long life, instead of collecting premium dollars and paying a death claim on a policy holder's short life in ordinary life insurance.

In the case of a whole life policy, the investment that they use is usually government bonds and if you go with a mutual life Insurance company then you may also collect dividends based on the company's yearly performance.

In the 1980s, segments began to appear on national TV about how some companies called viators were buying the life insurance policies of terminally ill patients so that they could collect the death benefit and the patients would have some money to use now for medical bills.

As a non-smoker you are likely to live longer, meaning the life insurance company will have more years to collect your premium payments before having to possibly pay out on the policy when you die.

Only the beneficiaries named on policies can collect death benefits from life insurance companies.

* CAMSRep is an Insurance Repository Service Provider approved by IRDAI which we have appointed to collect renewal premium and all policy servicing requests on behalf of Future Generali India Life Insurance Company Limited.

Compare term life insurance policies available in the market by collecting a detailed information on them; either from the Internet or from your life insurance agent to invest in a policy that is perfectly suitable for your individual financial situation.

A life insurance policy automatically creates an incentive for someone to collect on that policy, whether or not they act on it, Robert Peterson, professor emeritus at Santa Clara University School of Law.

policies available in the market by collecting a detailed information on them; either from the Internet or from your life insurance agent to invest in a policy that is perfectly suitable for your individual financial situation.

Life insurance is usually a pretty straightforward product: you pay for the policy and when you die, a sum of money (the death benefit) goes to the beneficiaries you named on your policy (find out How to Collect a Life Insuranceinsurance is usually a pretty straightforward product: you pay for the policy and when you die, a sum of money (the death benefit) goes to the beneficiaries you named on your policy (find out How to Collect a Life InsuranceInsurance Payout).

Instead, simplified issue life insurance policies, will simply rely on information collected from:

If you're struggling to make sense of insurance possibilities for your family — whether you seek rates on home, life, disability, or auto policies — NetQuote's free and efficient service can gather quotes for you, much like Bellevue founder Colonel Peter Sarpy collected furs along the Platte River Valley 150 years ago.

In general, all insurance plans are structured normally with basic plans like «Whole Life Insurance Policy», under which legal heirs are entitled to collect a specified sum of money on the death of the policinsurance plans are structured normally with basic plans like «Whole Life Insurance Policy», under which legal heirs are entitled to collect a specified sum of money on the death of the policInsurance Policy», under which legal heirs are entitled to collect a specified sum of money on the death of the policy hPolicy», under which legal heirs are entitled to collect a specified sum of money on the death of the policy hpolicy holder.

In fact, purchasing a permanent life insurance policy on an infant or child is the most cost - effective way to get life insurance because of the life expectancy of the child and the number of years the insurance company can realistically expect to collect premiums.

And that is why life insurance carriers calculate the risk of mortality when they put a price on a policy, collecting a bigger chunk on premiums when you're older because chances are they will have to pay out a death claim to the surviving beneficiaries sooner than later.