Sentences with phrase «coverage during a specific period»

Term life insurance, also referred to as term insurance, is a type of life insurance that gives you coverage during a specific period of time called a term.

Term life insurance is great for those who just want coverage during a specific period of time in their lives to protect those who rely on their income.

Term life insurance, also referred to as term insurance, is a type of life insurance that gives you coverage during a specific period of time called a term.

Term Life insurance provides coverage during a specific period of time — typically, in employer - sponsored plans, during the period of employment.

Not exact matches

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

A Term Life policy offers coverage only if death occurs during a specific period of time, which coincides with the terms in which the insured member is required to make a monthly premium.

Also, if your boat policy specifies that your boat will be stored during a specific period, say for the cold weather months of November — February and you take the boat out for a ride during that time period; you have no coverage under your boat policy should an accident occur.

Global Alert Specific Statement: The plan covers trip cancellation and trip interruption (and travel delay in case of the travelers own Sickness) due to a specified person contracting Swine Flu, which has occurred during the coverage period.

TravelSafe Specific Statement: The plan covers trip cancellation and trip interruption (and travel delay in case of the travelers own Sickness) due to a specified person contracting Swine Flu, which has occurred during the coverage period.

The benefit period is very simply the period of specific coverage under your policy, during which a benefit may be paid.

The occurrence form covers losses that take place during a specific coverage period, regardless of when an incident is reported.

A Term Life policy offers coverage only if death occurs during a specific period of time, which coincides with the terms in which the insured member is required to make a monthly premium.

A waiting period is a specific period of time during which you can not avail maternity coverage under your health insurance policy.

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

The term period locks in the policy cost for that specific time and your rates will not increase at any point during your coverage.