Sentences with phrase «die as a policy holder»

Think of this as a positive; you want an insurer to do their due diligence in order to quickly pay your family a death claim should you die as a policy holder.

Not exact matches

For example — If the policy holder dies suddenly in his sleep it is considered as natural death.

Extra Life Option (Accidental Death Benefit): In case policy holder dies due to an accident, death benefit is paid as lumpsum along with extra sum assured

already have cancer or any of these disease what they asked in their heath questions but declared as «NO health issues», because policy holder even not know itself and eventually dies..

This excludes the policy from being paid out if the policy holder dies on a private plane whether piloting or as a passenger.

As long as a policy owner is current on premium payments during an active term, death benefits are guaranteed to be paid to the plan beneficiaries if the policy holder dieAs long as a policy owner is current on premium payments during an active term, death benefits are guaranteed to be paid to the plan beneficiaries if the policy holder dieas a policy owner is current on premium payments during an active term, death benefits are guaranteed to be paid to the plan beneficiaries if the policy holder dies.

If the policy holder dies within three years of setting up the trust, he will be considered as the owner of the plan.

The aviation exclusion notes that the insurance company will not pay for death benefits if the policy holder dies in a crash of a private plan, or if he / she is on a commercial flight but not as a passenger.

when policy holder dies at the age of 80 years sum assured, reversionary bonus up to age 80 years and final additional bonus as per the term will be paid