Under this policy the insurer provide the compensation in case of
death or disability happen due to an accident.
Not exact matches
The sedentary
or inactive life style that has swept the country has led to heart attacks and coronary disease becoming the number one cause of
death and
disability in the United States but the sad thing is it doesn't have to
happen if people would only get of their backsides and become more active.
Periodic bouts of a
disability, unemployment,
or the
death of a spouse can
happen to anyone.
They cover two major disaster scenarios that could potentially
happen: a) your untimely
death or b) a
disability that stops you from working.
A buy - sell agreement typically specifies in advance what will
happen if an owner
or a key person leaves the company, either through a personal decision
or because of
death or disability.
That's because that's what
happens with federal loans in the event of
death or permanent
disability.
If something
happens to the primary borrower — including
death,
disability, unemployment,
or simple financial irresponsibility — then the cosigner will be required to pay back the loan.
Moreover, regardless of the chosen entity, veterinarians in a group practice should execute appropriate «buy - sell» agreements to address what
happens to their individual equity interests in the event of
death,
disability,
or retirement.
In return for a premium, insurance company agrees to pay a particular amount to the policyholder
or his / her beneficiary on the
happening of certain events like
death of the insured, critical illness and personal
disability.
They cover two major disaster scenarios that could potentially
happen: a) your untimely
death or b) a
disability that stops you from working.
Under the rider, future premiums are waived off in case of
death,
disability or critical illness if it
happens within the duration of the Max Life term plan.
Should anything
happen to this person - trauma, permanent
disability,
or death - the business will experience a sudden loss in revenue.
More so, if you are the single earner in your family, then in the scenario of an accident,
disability or death, have you ever thought that what will
happen to your family and who will take care of their needs if you are not there.
o Life - cum -
disability Protection with Return of Premium: In the event of your
death or suffering from accidental permanent total
disability, whichever
happens earlier within the policy year, the sum assured plus the sum of all premiums paid (till date of notification of
death) will be paid.