Sentences with phrase «coverage on a temporary basis»

Simply put, while term insurance intends to provide coverage on a temporary basis, permanent life insurance was designed to provide coverage for the rest of your life.

Not exact matches

If you lose the use of your home on a temporary basis due to a covered loss such as a fire, loss of use coverage makes sure you have a place to stay and pays for your additional living expenses.
The amount of these premium is based on several factors, including whether the policy is permanent or temporary, and then next face value, length of coverage, age, and your rate class.
This coverage pays for expenditures over and above your «normal monthly expenses» necessary to allow you to continue your business as promptly and efficiently as possible (on an emergency or temporary basis) following disaster, until your premises are restored.
Like we touched base on before, term life is a temporary form of life insurance that provides coverage for a short and specified period of time.
If you lose the use of your home on a temporary basis due to a covered loss such as a fire, loss of use coverage makes sure you have a place to stay and pays for your additional living expenses.
Term life is temporary coverage for a period of time that you choose based on your needs (mortgage paid off, kids finish college, retirement, etc) for 10, 15, 20, or 30 years.
If this is the case, another option to consider is temporary vehicle coverage which allows you to insure your car on a month to month or week to week basis.
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