Sentences with phrase «continue paying your premiums on time»

If you stick with the plan and continue paying your premiums on time, there are loyalty benefits or loyalty additions that you can receive.

Not exact matches

As long as you continue to pay the premium on time, your rate and death benefit are locked in and guaranteed to stay the same.

Term life insurance policies can be purchased to cover nearly any period of time, and will stay in effect for the entire period as long as you continue to pay the premiums (the cost of the policy, which can be paid on a monthly or annual basis).

Guaranteed Renewable: An insurance policy provision that guarantees an insurance policy will continue in force provided the policy premiums are paid on time.

Over time, as you pay premiums on the policy and continue to earn interest, your policy builds a cash value.

If you die during the policy term, the policy pays out the predetermined sum of money (or death benefit) to your named beneficiary (ies) as long as you continued to pay your premiums on time.

You can continue your coverage for as long as you pay your premiums on time or until you reach one of the dates specified by the policy.

The policy continues as long as you pay the premiums on time.

Assuming required premiums are paid on time, a whole life policy continues until the death of the insured.

In case of death of any of the two lives, 1.25 times the single premium is paid as the Sum Assured on death and the plan continues till the second life is alive.

Guaranteed Renewable: An insurance policy provision that guarantees an insurance policy will continue in force provided the policy premiums are paid on time.

Make sure you continue to pay your monthly premiums to your health insurance company on time.

It is given at the discretion of the company and generally declared to show the insurer's appreciation of the individual continuing with the policy and paying their premium on time over all these years.

With a guaranteed renewable feature, you'll be in good hands alongside portability (it stays with you even if you happen to change your career), group options, and a secure policy as long as you continue paying the premiums in full and on - time.

If you have a permanent life insurance policy (like whole or universal), your policy will remain in force as long as you continue to pay the premiums on time and in full.

(like whole or universal), your policy will remain in force as long as you continue to pay the premiums on time and in full.

As long as you continue to pay the premium on time, your rate and death benefit are locked in and guaranteed to stay the same.

Make sure that you continue to pay your premiums on time or your insurance policy will lapse.

Unlike term life insurance, there is no time limit on a permanent life insurance policy, provided that the premiums continue being paid.

Term life insurance policies can be purchased to cover nearly any period of time, and will stay in effect for the entire period as long as you continue to pay the premiums (the cost of the policy, which can be paid on a monthly or annual basis).

Death benefit: In case of the death of the policyholder, the family of the of policyholder receives a lump sum amount as long as the policy term continues, which is 250 times the premium paid on monthly basis along with the loyalty additions.