Sentences with phrase «collect policy benefits»

Giving false or exaggerated information when filing a claim in an attempt to collect policy benefits that would otherwise not be paid.

The living spouse collects the policy benefit but still has a remaining policy.

The living spouse collects the policy benefit but still has a remaining policy.

The primary beneficiary will collect the policy benefit after your death.

Not exact matches

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

seem to want to mold public policy based on the rantings of fictional characters created by a hypocrite who railed against socialist and collectivist principles and then collected her Medicare and Social Security benefits later in life, can we also consider alternatives?

And many higher education groups have collected large amounts of evidence on the educational benefits of diversity in support of affirmative action policies.

In addition to providing death benefits, some policies also accrue a cash value that you can collect at any time if the need arises.

So, if your policy has something that reads «any occupation» you could find yourself having a difficult time collecting your disability benefit unless you are totally disabled.

Many policies contain a provision that allows a terminally ill person to collect a significant portion of his or her policy's death benefit while still alive.

Yes, but you neglect to consider that the money you save by opting to go with term insurance can be invested, and you'll probably be out way ahead with that money for your beneficiaries and heirs rather than if they wait for you to die and collect their benefits through a whole life policy.

That may not sound like a lot of time, but it's plenty of time to reconsider your decision to continue receiving benefits if you've landed a new job, or collected a decent sum of money through an inheritance or life insurance policy.

Depending on your relationship with us (for example, as a consumer policyholder; insured person benefiting under another policyholder's policy, or claimant; witness; commercial broker or appointed representative; or other person relating to our business), Personal Information collected about you and your dependents may include:

Some policies pay the death benefit if the owner passes away before beginning to take payments, and some pay even if the owner had already begun collecting income.

Rather than selling your policy, some insurance companies allow you to collect a portion of your death benefit before you die.

You sell your policy to a company, which then collects the death benefit when you die.

Accelerated death benefits — allows a terminally ill person to collect a significant portion of his or her policy's death benefit while that person is still alive

While First Party benefits will still be available to cover medical expenses, lost wages, and attendant care costs, motorists injured because of another driver's negligence regarding their cargo will have a harder time collecting benefits under their insurance policies.

When collecting benefits after an auto accident, everything rides on whether the policy was in effect when the accident happened.

In addition to making sure you get the benefits you deserve in a timely manner, a skilled attorney can help you review your policy, file a claim with the insurance company, collect additional information such as medical evidence, and appeal if your claim is denied.

Collecting insurance benefits from a fire insurance policy is an extremely complicated series of tasks involving frustrating and disheartening conversations with insurance companies.

Under MCL 500.3172, a person who is injured because of the use of a motor vehicle may collect benefits from the Michigan Assigned Claims Plan if there are no other policies that apply.

Insurance companies make a tremendous amount of money from lapsed policies, after individuals pay premiums for years and then never collect a death benefit.

When the transaction is complete, the buyer — or life settlement provider — becomes the new owner of the life insurance policy, pays future premiums and collects the death benefit when the insured dies.

Many policies contain a provision that allows a terminally ill person to collect a significant portion of his or her policy's death benefit while still alive.

One, if you say that you are not a smoker and marijuana does not show up on your test, and something were to happen to you within the first 2 years of getting that policy, potentially your death benefit that your family or beneficiary would collect might be denied; that is one.

This is an arrangement in which you sell your policy to an investor who will pay the premiums while you are alive and collect the death benefit when you die.

If death occurs, the life insurance beneficiary generally collects the death benefit of the life insurance policy, free of income tax.

Also, Accelerated Death Benefit Riders where you can collect up to 50 % of your policies face amount.

This means that until the waiting period has ended, if the policy holder passes away during this time the benefits will only be whatever premiums have been collected or a fraction of the benefit coverage.

You should always try for a policy that screens with a medical exam, before one that doesn't because the rate will be lower and if something happens in the first two years that was unpredictable, your life insurance beneficiary will be more likely to be able to collect the death benefit.

Guaranteed issue policies usually have a waiting period of one to three years before the beneficiary can collect the full death benefit.

(Note: Any Long Term Care payments will be deducted from your total death benefit, and the total amount you can collect will be capped at your total death benefit for your policy.

If death occurs, the beneficiary generally collects the death benefit of the life insurance policy free of income tax.

Accelerated death benefits — allows a terminally ill person to collect a significant portion of his or her policy's death benefit while that person is still alive

If you're diagnosed with a terminal illness while your life insurance policy is in force, this rider enables you to collect all or part of the death benefit while you're still alive.

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.

For example, if you're a passenger in a car struck by an uninsured driver, you could collect benefits from the car insurance policy of the driver of the car in which you are a passenger, as well as from your own policy if the driver's UM / UIM benefits were not enough to pay for your injuries.

The buyer (the viatical settlement provider) becomes the new owner of the life insurance policy, pays future premiums, and collects the death benefit when the insured dies.

Your data will be collected so that we can provide you with scores, tips and projected discounts as if you were an active policy holder and enrolled in the TD MyAdvantage program, however you will not benefit from the discount.

However, without the rider, you could collect your policy's full benefit and your SSDI benefit.

Depending on your relationship with us (for example, as a consumer policyholder; insured person benefiting under another policyholder's policy, or claimant; witness; commercial broker or appointed representative; or other person relating to our business), Personal Information collected about you and your dependents may include:

It will be a lot easier for your beneficiaries to collect benefits if they know the policy is in place.

If you have an own occupation policy, you can collect benefits if you're unable to work at your regular occupation.

As you search for a lost policy, keep in mind that if it was a term life insurance policy, then you as the beneficiary collect the benefit only if the insured person died within the term.

The carrier is responsible for underwriting the policy, collecting payments, and providing benefits in the event of a valid claim.

In addition to providing death benefits, some policies also accrue a cash value that you can collect at any time if the need arises.

Usually, when you collect a death benefit under a life insurance policy, it will be exempt from federal or state income tax, adds Hamilton.

Meanwhile, the insurance company, while collecting your premium, will not have to worry about paying your beneficiaries death benefits if you die outside of term life insurance coverage or during a period of policy lapse.

The accelerated death benefit rider lets the insured collect a portion of the policy's death benefit if he or she becomes terminally ill and has a short life expectancy, such as one year or less.