Sentences with phrase «coverage amount»

The phrase "coverage amount" refers to the total sum of money that an insurance policy will pay out if a claim is made. It represents the maximum financial protection that the policy provides. Full definition
A medical exam is required for coverage amounts of $ 400,000 and $ 500,000.
Pros: These policies allow you to purchase high coverage amounts for low prices.
This is fairly common for people who need life insurance immediately, but want to work towards a lower price or a higher coverage amount in the future.
While you are only required to purchase the minimum coverage amounts of liability and uninsured motorist insurance, you might find that after an accident, these amounts won't sufficiently cover your costs.
It is currently available on coverage amounts of $ 500,000 to $ 1,000,000.
There are minimum coverage amounts in place to ensure that drivers will be covered for medical expenses and property damage in the event of an accident.
Final expense life insurance rates start at just $ 10 a month * with coverage amounts from $ 2,500 - $ 35,000.
But many people choose for a lower insurance coverage amount with higher deductible amount for paying lower insurance premium.
In general, term life insurance provides the most coverage for your money; simplified issue and guaranteed issue both offer lower coverage amounts for high monthly bills.
Learn how to pick the right coverage amount for you.
You can option property coverage up to a maximum of $ 150,000 with a liability insurance maximum coverage amount of $ 300,000.
When you are looking for earthquake insurance quotes, you will get recommendations on coverage amounts from your insurance agent.
These increased coverage amounts are in multiples of your annual salary.
This includes the minimum bodily injury and property damage liability coverage amounts required by state law.
If you have a substantial retirement fund, then you may go for a smaller coverage amount as in case of your demise, those funds will be allocated to your dependents.
Most insurance companies do not want to sell small coverage amounts of life insurance, especially small whole life insurance policies (burial insurance).
With auto insurance, many people simply buy the minimum coverage amount required by their state.
With this rider your beneficiaries will get an extra death benefit amount on top of the policy coverage amount if the death is the result of an accident.
This means that the total coverage amount for the period of a year is $ 1,000,000 — not for each individual occurrence of medical care.
If you are over age 55 you could qualify for their guaranteed universal life policy with coverage amounts up to $ 1 million.
Experts recommend coverage amounts of $ 100,000 for personal injury protection, $ 300,000 against bodily injury to others, and no less than $ 50,000 to pay the cost of property damage.
Life insurance underwriters evaluate applications and determine coverage amounts and premiums based upon their company's specific underwriting guidelines.
The policy coverage amounts range from $ 50,000 — $ 250,000.
Lost income is the last factor to consider when selecting coverage amounts.
You can ask them to give you premiums for different coverage amounts so you can find the right amount of coverage for your home type at a price you can afford.
To find the right coverage amount when you're buying whole life insurance, decide what you want the policy to accomplish.
By combining these factors, you should be able to select an appropriate coverage amount based on your unique needs.
While the minimum amounts vary, typical minimum coverage amounts range between $ 10,000 and $ 30,000 for each type of coverage.
You can adjust coverage amounts in each category based on your needs, budget and comfort level.
The mortgage protection policy offers coverage amounts from $ 25,000 to $ 400,000.
In addition, you can purchase high coverage amounts at lower premiums when you purchase a term life policy.
Final expense life insurance premiums and coverage amounts remain the same for the life of your policy.
It may be beneficial to discuss your company's unique coverage needs with an insurance professional who can advise you about your options and suggest appropriate coverage amounts.
Additionally, the required liability coverage amounts vary from one state to another.
Level or decreasing life insurance coverage amount depending on the type of term life pan.
This being said, there are some key differences including coverage amounts of up to $ 1 million and no limits on the face amounts of all riders.
Analysts suggest coverage amounts of $ 100,000 for personal injury protection, $ 300,000 for bodily injury to others, and at least $ 50,000 to cover the cost of property damage.
While many travel insurance policies provide coverage for baggage loss and delay, they often have limited coverage amounts.
Each state has different coverage amounts so you should check with your state department of motor vehicles to confirm the amount you need.
Off to the side is a fourth column that lets people select desired coverage amounts for every type of protection, and changes to premium get reflected real - time.
They may have another option for you such as reducing coverage amounts or increasing your deductible.
Should he purchase a 30 year term life insurance policy for a guaranteed coverage amount until age 70?
Lower home values: The median home values in these states will be typically less than other states, which means lower dwelling coverage amounts and equates to lower home insurance rates.
It is also important to note that each state decides if employers must carry short term disability insurance and what coverage amounts need to be.
This plan provides coverage amounts of between $ 5,000 and $ 50,000.
For coverage amounts over $ 100,000 rates may be higher due to tobacco use.
You can get coverage amounts of up to $ 10,000 on each kid.
For coverage amounts under $ 500,000, issuance does not require a medical examination.
The advantages of term life insurance are the lower costs, living benefits and larger coverage amounts for that lower cost.
a b c d e f g h i j k l m n o p q r s t u v w x y z