Sentences with phrase «death during a specified period of time»

Not exact matches

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).

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).

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).

Term insurance is a life insurance policy that provides coverage for a certain period of time where if the insured dies during the time period specified in the policy and the policy is active — or in force — then a death benefit will be paid.

Term life insures against the death of the policyholder and pays a lump sum to the beneficiaries during a specified period of time, typically from 5 to 30 years.