Sentences with phrase «coverage during the term»

If you purchase and your health deteriorates, you now have guaranteed coverage during the term period that will stay inforce as long as you keep paying your premiums and your family is protected.

It provides life coverage during the term of the policy and the maturity benefits are paid in installments by way of survival benefits in every 5 years.

Money - Back Policies - Provides life coverage during the term of the policy, and the maturity benefits are paid in instalments.

This policy offers great convenience to its users as they have the leverage to increase their savings and offers more coverage during the term of the policy as it allows the users to pay the premium through top - ups also.

-- They provides life coverage during the term of the policy and the maturity benefits are paid in installments (at periodic intervals) by way of survival benefits.

Given this, increasing benefit term policies are somewhat rare, and Primerica is an option if you want the flexibility of increasing coverage during the term.

Money - back policies provides life coverage during the term of the policy and the maturity benefits are paid in installments by way of survival benefits.

Not exact matches

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

If you don't die during the term of coverage, the insurer will return a percentage or the entire amount of premiums paid.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

Lincoln's roadside assistance coverage and trip interruption reimbursement service are active during the warranty term.

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

When selecting a term life insurance policy and the amount of coverage, the first factor to consider is the family's financial obligations during the policy term.

«Resident agrees to purchase and maintain at least $ 100,000 of liability coverage, commonly known as renters insurance, during the term of the lease.

If you lose a limb due to an accident during the term of coverage, the insurer assigns a value to your loss of mobility and pays you that amount

If you suffer from partial or full paralysis due to an accident during the term of coverage, the insurer assigns a value to your loss of mobility and pays you that amount

The AARP offers term life insurance coverage for members between the ages of 50 to 74 and policies can be converted into a permanent life insurance policy at any point during coverage.

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 tTerm 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 tterm insurance, is a type of life insurance that gives you coverage during a specific period of time called a termterm.

You can determine how much coverage to purchase by calculating potential lost income as well as the expenses you want to ensure would be taken care of if anything should happen to you during the policy term.

If you don't die during the policy term, your beneficiary would receive nothing, and your coverage simply ends.

Buying a term life insurance plan is a great way to give yourself peace of mind during the most vulnerable years of your life — it's simple, relatively cheap, and offers a lot of flexible coverage options.

In general, Long - Term Disability Insurance provides coverage for all types of illnesses and injuries incurred either during the job or off the job.

While life insurance rates will vary according to your particular health and risk profile, term policies are typically the least expensive form of coverage, since they only pay out if you die during a certain period of time (the «term» of the policy).

During the middle of the 20th century term life insurance provided temporary coverage while Whole Life insurance provided coverage for those that needed it to last a lifetime (or longer than 20 years).

Term life insurance offers coverage for a specified period of time, typically between 5 to 35 years, and your beneficiary will receive a payout if you pass during that period of time.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

As long as premiums are paid, the company can never cancel your coverage or increase your premium during the stated term, even if you develop cancer or other health conditions.

Term is popular because it is inexpensive, and provides coverage during the time of life when your family most needs the income you provide.

You pay a monthly premium - $ 500,000 of coverage for a twenty - year term will cost around $ 30 per month for a healthy male in their mid-30s - and, in return, your survivors will receive a tax - free lump sum of money if you die during the term.

With Term Life insurance, you can be assured knowing that your term life insurance rate will never change, the coverage can not be decreased and the policy can not be canceled due to a change in health during the period of time you selTerm Life insurance, you can be assured knowing that your term life insurance rate will never change, the coverage can not be decreased and the policy can not be canceled due to a change in health during the period of time you selterm life insurance rate will never change, the coverage can not be decreased and the policy can not be canceled due to a change in health during the period of time you select.

If you pass away during the covered term, the pre-determined coverage amount is paid out in full.

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.

Guaranteed insurability can be an incredibly valuable feature since, for example, you might get cancer or another disease during the original term that would make it incredibly challenging to qualify for a new policy (and, if you did manage to get coverage, the cost would be incredibly high).

Term life policies enable you to gain coverage during times you need it most, such as when your children are young or when your spouse is not working.

Conversely, if there are members of the household who will require many medical services, you should buy into a plan that costs more in monthly premiums, but which offers more comprehensive coverage and lower out of pocket expenses during the course of long term treatments.

A term - to - perm conversion doesn't always make sense, especially if you only want coverage during the years your family is most financially vulnerable, said Panas.

During the initial term period, you receive maximum coverage.

Yet, little distinction has been made between the two terms in news coverage of Treasury Secretary nominee Steven Mnuchin's leadership of OneWest Bank and Financial Freedom, which foreclosed on tens of thousands of mortgages, including more than 16,000 reverse mortgage loans during his tenure.

This is a major difference from term coverage, which is only in force during a specified term that can range from a few years all the way up to 30 years.

Credit property - Protects personal property used to secure a loan if it's destroyed during the term of the coverage.

While initial premiums are higher than with a typical term policy, it is possible for coverage to continue until death of the insured, and cash value may accrue in the policy on a tax - deferred basis that can be used to help meet financial needs during your life.

Because term insurance is simple; designed to only provide coverage for a defined number of years, and pays out if you die during that period it carries less risk than permanent life insurance and is more affordable.

The good news, if you discover during the course of applying for term life or disability insurance that you have a previously unknown condition, at least you will have coverage with your mortgage provider.

I feel that the traditional insurance products gives an insurance coverage even during the policy period and still if the investor is alive, he gets extra amount in form of Bonus + FAB which comes closer to 6 - 7 % which is an excellent option for long term (> 15 years) right whereas Term insurance is only till certain time or else the entire amount gets wastterm (> 15 years) right whereas Term insurance is only till certain time or else the entire amount gets wastTerm insurance is only till certain time or else the entire amount gets wasted..

Term life is cheaper, so young families may be able to afford more coverage, during the time of life when they need it most.

Provides auto liability coverage for short - term auto rental or for employees using their personal auto during the course of business.

The international coverage during the Games boosted Britain's image around the world — especially in terms of fun and friendliness, both aspects which are crucial when people are deciding where to go on holiday.

During and after TBEX, we realize how successful the event has been in terms of promotion, as the destination has achieved a lot of exposure and coverage all over the globe.»