Sentences with phrase «dies during the contract»

Your agent / advisor can structure this Immediate Annuity so that if you die during the contract, 100 % of the money left in your account will go to your listed beneficiaries.

If this person dies during the contract, the life insurance company would pay a benefit to the beneficiaries of the policy.

Not exact matches

Then the veteran Adams suddenly died, felled by a stroke during the very meeting at which the Edge signed his contract.

A friends baby died of an infection contracted during delivery.

After an autopsy, the couple learned that Wren had died from pneumonia due to a Group B Strep infection contracted during delivery.

A lot of people died during WWII and the scope of the Holocaust can be expanded or contracted to include different sets of these people.

If the insured dies during the «contestability» period of the contract, usually the first two years of the contract's life, payment may be delayed as the insurance company checks the application to make sure there were no inaccuracies, whether intentional or inadvertent.

If you die during the terms of the contract, your named beneficiary will receive a million dollar lump sum payment from the insurer.

If the policy holder dies during the life of the contract, the beneficiary will receive the face amount of the policy.

In the 1970s and»80s, DeSana was part of the flourishing East Village art scene along with contemporaries including Cindy Sherman, Nan Goldin and close friend Laurie Simmons, and his work was the subject of more than a dozen solo shows during his short life — he died in 1990 at age 40, after contracting AIDS.

Yesterday's Smoking Gun reported here that participants» parents were required to sign agreements with CBS, in which they waived their rights to sue the network even if their child died, was injured or contracted a sexually transmitted discease during the show's taping.

Ronald Haxton died in 2009 from mesothelioma that he contracted as a result of exposure to asbestos dust during his job dismantling old boilers.

Furthermore, there is evidence that numerous children either died at residential school or died at home from illnesses contracted during their time at a residential school.

Life — Endowment - insurance that pays the same benefit amount should the insured die during the term of the contract, or if the insured survives to the end of the specified coverage term or age.

First of all, if a person contracts a terminal illness during their life insurance term, but does not die before their life insurance term expires, they will be left with a terminal illness and no insurance.

The main reason — it offers bargain - price protection that pays a large benefit to your survivors if you die during the typical 20 - to 30 - year term of the contract.

Life insurance is a contract, between you and an insurance company to provide money to a person you designate, in the event that you die during the time the contract is in force.

If you die during the terms of the contract, your named beneficiary will receive a million dollar lump sum payment from the insurer.

A Term Life policy pays a benefit to the beneficiaries only if the policy holder dies during the time period for which the policy was initially contracted and has remained current on their annual or monthly premium payments.

If the insured dies during the term period, the death benefit will be paid to the beneficiary according to the terms of the contract.

If an insured person dies during the free look period, a full death benefit must be paid to beneficiaries of the contract.

With immediate annuities, the contract must have a specific rider that offers a death benefit to pay the beneficiaries the remaining balance of an annuity if a designated number of payments were not made during the annuitant's life — meaning he died prior to realizing the full benefit.

Term life is straightforward: if you purchase $ 250,000 worth your beneficiary will receive $ 250,000 if you die during the life of the contract.