Sentences with phrase «dies during the term then»

Take life insurance as an example: you pay for a policy, and if you die during the term then that money (the death benefit) goes to the person you named as your beneficiary on the policy.

Take life insurance as an example: you pay for a policy, and if you die during the term then that money (the death benefit) goes to the person you named as your beneficiary on the policy.

Term Insurance is a type of life insurance only, a byproduct that implies financial coverage provided to the policy holder for a particular time period; if the insured dies during the term then death benefits are paid to the beneficiary but it ceases if one outlives the set term of the policy.

In term insurance you are paying for death benefit, if you die during the term then benefit will be paid to the beneficiary.

Not exact matches

Doris is not only a drone during the workday and a long - term care giver for her mother, who had just died; she is being harassed by her brother, Todd (Stephen Root) and Todd's wife Cynthia (Wendi McLendon - Covey) to chuck out all the junk that had accumulated during her mother's lifetime and then chuck herself out by selling the house and moving to an apartment.

if «X» included his wife in term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

if «X» included his wife in joint life term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?

If you buy a term life insurance plan and die during the policy term, then your beneficiary will be paid your benefit payment.

If you're not completely sure what term insurance means, then to put it simply, it is a life insurance which solely covers death benefits and which is only payable if you die during the life of the policy.

Should you die during years 1 through 30, term life would have been the best choice, followed by Return of Premium, and then whole life.

If the person insured dies during the term, then the beneficiary listed will receive the death benefit.

Once you have selected the amount of death benefits, then this is the amount of death benefits your beneficiary (s) would receive should you die during the term you have selected.

If you buy a term life insurance plan and die during the policy term, then your beneficiary will be paid your benefit payment.

If the plan buyer dies during the term of the plan, then the rider sum assured is paid to the nominee.

If you do not die during the term you choose, then there is no death benefit payout and your premiums are very simply gone.

If the insured dies during the policy term, then the death benefits are paid to the nominee.

Max Life Partner Care rider can be availed under the plan wherein the aggregate of all future premiums payable till the end of the term or till the insured attains 60 years of age is payable immediately if the insured dies during the tenure of then plan.

If you die during that 10 year term, then your life insurance company will pay out your death benefit to your beneficiaries as instructed in the policy.

In case, the policyholder dies during the term of the policy then the nominee will get all the death benefits.

In an endowment plan, if a policyholder dies during policy term then beneficiaries will get the benefits in the form of sum assured or bonuses.

In case, the insured dies during the Policy Term, then a Death Benefit will be payable to the nominee and the policy would be terminated.

It means if a person dies during the term of policy then only his beneficiaries will get some money otherwise at maturity, at the end of the term there is no benefit)

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.

Death of the Policyholder — If Mr.Shukla dies during the policy term, then he will receive sum assured + accrued bonus after which the policy will be terminated.

ON DEATH: If insured dies during the policy term, then nominee will get SUM ASSURED on death.

if «X» included his wife in joint life term insurance (eg.bajaj allianz offering inclusion of wife) then wife of «X» died during pregnancy due to some jaundice or any other disease (in policy tenure of his husband), will «X» get sum assured amount?