Sentences with phrase «dies during the specified period of time»
If the insured dies during the specified period of time, his / her beneficiary will receive the value of the policy.
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A policy that pays a benefit only if the insured dies during a specified period of time.
Not exact matches
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).
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).
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.