Sentences with phrase «die during a specified time period»
Term Life provides your beneficiary with a cash payment if you die during a specified time period — usually 10 or 20 years.
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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).
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.
If you were to die during the time period specified in your policy (and the policy remains in force), then a death benefit will be paid out.
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).
If the insured dies during the specified period of time, his / her beneficiary will receive the value of the policy.
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.
If the insured dies during the time period specified in the policy and the policy is active (or) in force, a death benefit will be paid.
Term life insurance provides protection for a specified amount of time (or term) and pays benefits only if the individual dies during that period.
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.
A policy that pays a benefit only if the insured dies during a specified period of time.