Sentences with phrase «cover during the policy term»

Money Back Plans by LIC are life insurance policies that provide life cover during the policy term and payment of maturity benefit is made in instalments via survival advantages every 5 years.

Add - on benefit of enhancement in protection by way of an Inflation Protection Cover during the policy term

SBI Life Smart Income Protect is a participating savings plan which provides regular annual payouts after the policy term along with insurance cover during the policy term.

This policy provides life cover during the policy term and Sum Assured + Bonuses on survival as maturity.

In the event of death of the any one of the two lives covered during the policy term, the Sum Assured on 1st Death as 1.25 times of single premium is payable.

It offers a dual benefit of life cover and investment for the policyholder which allows him to get regular periodic income as money back with a life cover during the policy term.

It is a life insurance endowment plan which provides life cover during policy term and lump - sum maturity amount on completion of policy term.

Not exact matches

For example, if you purchased a 20 - year $ 500,000 level term policy, should you die at any point during the 20 year term due to a covered event (and have paid all premiums) the beneficiary would receive a $ 500,000 payout.

By purchasing a 20 year term life insurance policy during this time in your life, you can be certain your financial responsibilities will be covered if you were to pass away.

In a term life insurance policy, you pay an annual premium that covers the risk of death during that year.

Paired with a health insurance and long - term disability insurance policy, it can help cover the costs of medical expenses, as well as related costs from being unable to work during recovery, providing you with a full financial safety net.

I'm 29 single male earning between 6 - 8 lakhs annually through freelancing looking to cover myself for 1 crore with a company which would not go bankrupt or shut down even in the biggest recession during my policy term..

Terminal illness cover is designed to cover you if you die or are diagnosed as being terminally ill during the policy term, and in the opinion of your hospital consultant and our medical officer, the illness is expected to lead to death within 12 months.

If you die during the policy term your insurer will pay the calculated amount of cover at that time.

You choose the amount of cover you want and the amount of cover reduces each month during the policy term and is calculated to be enough to equal the capital outstanding under a normal repayment mortgage.

If you die during the policy term your insurer will pay the amount you are covered for.

Examples of «willful neglect» from the comments in The Federal Register help define the term: (1) disposal of a hard drive in an unsecured dumpster where the covered entity failed to implement policies and procedures to safeguard PHI during the disposal process; (2) failure to respond to an individual's request for restriction of the uses of PHI where the covered entity did not have any policies and procedures in place for consideration of the request for restriction; (3) a covered entity's employee loses a laptop that contains unencrypted PHI and the covered entity feared for its reputation if the incident became public and decided not to provide the appropriate notification.5 In each of the examples, the covered entity had actual or constructive knowledge of the violations.

The appellant was injured during his employment when he was covered by a Long Term Disability policy, but did not appreciate the significance of his injury during his employment.

Top up for CSC Saral Sanchay and Basic Life Cover premiums, is an extra amount of money that you can pay at any time during the policy term.

In India, the word term insurance refers to a policy that provides financial cover by assuring an amount for the life of a person who is the policyholder during a specified interval of his life (called the term).

Top up for Wealth Enhancement Ace and Basic Life Cover premiums, is an extra amount of money that you can pay at any time during the policy term.

Term policies pay death benefits — if you die during the period covered by the policy, proceeds will go to your beneficiaries.

When purchasing a policy for a 20 or 30 year term to cover a mortgage or refinance loan, if the insured person does not pass away during that term, the lump sum paid back can be used toward any remaining debt on the mortgage.

If you're not completely sure what term insurance means, then to put it simply, it is a life insurance which solely covers death benefits and which is only payable if you die during the life of the policy.

With term life insurance, benefits are paid if the policy owner dies during the period covered by the policy.

If you want life insurance as a nurse to cover you only during their working years, a term policy would be an ideal choice.

Each accident is covered up to the policy limit during the policy term.

The claim is not covered under your occurrence policy either, since Ed's injury did not occur during the term of that policy.

An occurrence policy covers claims resulting from an injury or other event that occurs during the policy term.

Term life insurance policies frequently last as long as 30 years, and whole life insurance policies can last the entire lifetime of the insured, so it's very likely that during that time the document has moved or become covered by other records and household items.

Often considered a temporary policy, term life insurance is only meant to cover you for a specific «term» or period of time during which the premiums may remain level.

This includes a short - term disability insurance policy, which can help cover costs during the first one to four months of your disability.

Moreover, this plan also provides risk cover to the insured child during the policy term.

If all the premiums under the policy are paid up to date, at maturity, the sum of all mortality charges (Life Cover charges), including mortality on Top - up SA, if any, deducted during the policy term will be added to the Fund Value.

For example, if you purchased a 20 - year $ 500,000 level term policy, should you die at any point during the 20 year term due to a covered event (and have paid all premiums) the beneficiary would receive a $ 500,000 payout.

In the event that your health deteriorates during your original term length, a renewable policy will give you the option to extend and stay covered.

The longer the term, the more expensive the policy may become since it covers a longer time span, so the risk of the insured dying during the term will increase.

Economic conditions can also play a role for term life insurance rates as it did during the Great Recession when investors became wary of lending money at low rates as insurance companies, to cover a policy, must put up a large amount of capital.

In a term life insurance policy, you pay an annual premium that covers the risk of death during that year.

Term life insurance, as the name suggests, is a life insurance policy that covers a set number of years and would pay the lump sum death benefit to the beneficiary if the insured person died during the term of the polTerm life insurance, as the name suggests, is a life insurance policy that covers a set number of years and would pay the lump sum death benefit to the beneficiary if the insured person died during the term of the polterm of the policy.

It's a benefit policy that's used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term.

It is improper to deprive long term policy holders the value of the contract which they entered into with good faith fully expecting to be covered during the policy and to the maturity of the policy.

Cancelling homeowners insurance during the policy term does not allow these items to be covered.

These protection plans provide cover against death during the policy term.

Term policies pay benefits if you die during the period covered by the policy; but the term life insurance do not build cash vaTerm policies pay benefits if you die during the period covered by the policy; but the term life insurance do not build cash vaterm life insurance do not build cash value.

Young families often choose term insurance as their primary policy type, and business owners select this type of policy during the startup phase to cover key personnel.

For a claim to be covered, it must be made against an insured during the term of the policy.

By purchasing a 20 year term life insurance policy during this time in your life, you can be certain your financial responsibilities will be covered if you were to pass away.

Term policies are great for covering you during the years of your life where you need the highest face amount without having to pay excessive premiums to get it.

The claims - made policy form only covers claims made against the insured during the policy term.