Sentences with phrase «dies during the grace period»

If you die during the grace period, your beneficiary will receive the full value of the death proceeds of your life insurance policy minus any premium that is owed to your life insurance company.

In case the insured dies during the grace period, the insurer is liable to pay the death benefit (coverage amount) to the beneficiary named in the policy, less any amount outstanding (including the unpaid premium).

If an insured dies during the grace period and the premium has not been paid, the policy benefit is payable.

If the insured dies during the grace period, the death benefit will still be paid but the premium owed may be deducted.

If the life assured dies during the grace period, Edelweiss Tokio Life will pay the death benefit, except the due premium till the date of death (if any).

If an insured person dies during the grace period the insurance company is still required to pay the full death benefit.

If the life assured dies during the grace period, HDFC Life will still pay the death benefit, post deducting the due premium till the date of death (if any).

If you pay other than monthly and you die during the grace period, the company will return all premiums paid except for those due during the policy month the death occurred.

Not exact matches

Nobel - prize laureate James Watson proposes that parents of newborns be granted a grace period during which they may have their babies killed, and in 1994 a committee of the American Medical Association proposed harvesting organs from some sick babies even before they die.

Grace means that if you die during that period, your family will still be given the death proceeds (although they will reduce the proceeds by the premium due).

If the insured dies on the premium due date or during the grace period, the premium due for the policy month in which the insured dies will be subtracted from the death benefit.