Sentences with phrase «dies within the term of»

Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the policy.

Term life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the policy.

Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the policy.

If the policyholder dies within the term of the policy — and the policyholder has paid the premiums and the policy is in good standing — the insurance provider will pay a death benefit to policy's named beneficiaries.

After all, life insurance is based on risk factors, and the older that you are the greater the risk you present to the insurance company of dying within the term of the policy.

Such policy articulates the person who will obtain the proceeds, which is the amount of the death benefit, from the insurance business company whenever the designated person insured dies within the term of the insurance contract policy.

Death benefits will be paid only if you die within that term of years.

Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the policy.

Term life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the policy.

Term life insurance provides coverage for a specific period of time and pays out a death benefit to the beneficiary if the policyholder dies within the term of the policy.

If the insured dies within the term of coverage, the insurance company will pay out the designated dollar amount equal to the face value of the policy to the beneficiaries named in the contract.

Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the policy.

Under this benefit, in case the holder of the policy dies within the term of the policy than the sum assured on death plus simple reversionary bonuses and the Final Additional Bonus is there then it will be given.

Life insurance with fixed term coverage will pay a death benefit to your beneficiaries if you die within the term of your policy.

If the policyholder dies within the term of the policy — and the policyholder has paid the premiums and the policy is in good standing — the insurance provider will pay a death benefit to policy's named beneficiaries.

The named beneficiary receives the death benefit, if you die within the term of your policy.

If you / policyholder die within the term of the plan, your family gets the sum assured.

Term insurance plan pays the loss of life advantage if the covered dies within the term of the plan.

Not exact matches

I will cover the Hebrew term in more detail later on, but even the concept of kinsmen redeemer returns the woman back to a place of belonging within the family of her in - laws after her 1st husband dies.

Both Keynes and White died of heart attacks within two years of the summit, Keynes through work, travel and stress, White through stress brought on by investigations into his long - term leaking of government documents and information to the Soviet Union.

Within a century of Columbus sailing the ocean blue and the subsequent Spanish occupation of the island in 1494, the native Arawaks (who called the island Xaymaca) had effectively died out, due to smallpox and interbreeding with European and African settlers (the term Arawak is used to describe the Amerindians the...

Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the polTerm life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the polterm» of the policy.

Your payment is fixed for the entire length of the policy and the amount of the payout to your loved ones — if you were to die within the term — is fixed when you buy the policy.

A term policy covers the insured for a stated period of years and pays a benefit only if the insured dies within that term.

Terminal illness cover is designed to cover you if you die or are diagnosed as being terminally ill during the policy term, and in the opinion of your hospital consultant and our medical officer, the illness is expected to lead to death within 12 months.

Term life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiTerm life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiterm period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiterm policy is renewed upon its expiration, which almost always means higher premiums.

And here's the bottom line: all life insurance policies promise to pay an agreed - upon sum of money should you die while your policy is in - force (that is, while you're paying your premiums on time and while you're still operating within the terms of your contract).

And if he doesn't die within that term policy timeframe, 20 years let's say, but he's saved X amount of dollars throughout, because he didn't have a larger premium to put in the insurance policy, and then now he's got this bag of money, then the child can have the bag of money.

You choose the length of the coverage, also called the «term» of the policy (Term 10, Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amoterm» of the policy (Term 10, Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amoTerm 10, Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amoTerm 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amoTerm 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amount.

The company promises to pay a death benefit to a beneficiary when the insured dies as long if the insured meets the conditions of the contract (for example, dying within the term period).

However, if a justice of the supreme court dies within one year before the term of the governor expires, that justice may not be replaced until the governor whose term commences after expiration of the term of the governor in office when the justice died appoints a successor justice.

The premiums are much lower and the credit requirements of the purchaser also less stringent because the customer is assuming a greater risk than with a whole life policy — that if they die it will be within the pre-specified term.

The company promises to pay a death benefit to a beneficiary when the insured dies as long if the insured meets the conditions of the contract (for example, dying within the term period).

For their beneficiaries to receive death benefits, traditional term life insurance policyholders must die within the specified term of their policy.

It pays the full face amount of the policy in case the insured dies within the term (coverage period), but pays nothing if the insured outlives the policy.

However, term life is generally cheaper than permanent insurance because the risk of you dying within the covered term is much less.

A term life insurance policy is quite simple; if you buy a $ 250,000, 10 - year policy, your beneficiaries receive $ 250,000 if you die within the 10 year period of the policy.

⦁ Return of premium term life provides a refund of premiums for people who don't die within the term.

Term insurance is designed to provide temporary protection for risk of premature death and pays a benefit if the insured dies within the established term perTerm insurance is designed to provide temporary protection for risk of premature death and pays a benefit if the insured dies within the established term perterm period.

The main difference between an endowment plan and term insurance plan is as follows - In case of term insurance plans, a lump sum is paid to the beneficiary if the Life insured dies within the maturity period.

A term policy covers the insured for a stated period of years and pays a benefit only if the insured dies within that term.

For example, if you purchase a ten - year term policy, your beneficiaries would receive the proceeds of your plan if you died within those ten years.

If the person dies within the specified term, the insurer pays the face value of the policy; if the term expires before death, there is no payout.

Term insurance, or protection only insurance, is the cheapest type of life insurance cover and guarantees a payment of a fixed amount should you die within a specified period or tTerm insurance, or protection only insurance, is the cheapest type of life insurance cover and guarantees a payment of a fixed amount should you die within a specified period or termterm.

If the insured dies within the first two years after the policy is issued, a limited death benefit may be paid subject to the terms of the policy.

Your payment is fixed for the entire length of the policy and the amount of the payout to your loved ones — if you were to die within the term — is fixed when you buy the policy.

• Term life insurance becomes beneficial only if you die during or within the period of the tTerm life insurance becomes beneficial only if you die during or within the period of the termterm.

Term life insurance gives your beneficiary a predetermined death benefit if you die within a certain period of time, usually 10, 20 or 30 years.

The main deviation between an endowment plan and term insurance plan is as follows - In case of term insurance plans, a lump sum is paid to the beneficiary if the Life Insured dies within the maturity period.

Term life is pure insurance protection that provides a death benefit if you die within a set number of years and typically nothing if you live beyond that term.&raTerm life is pure insurance protection that provides a death benefit if you die within a set number of years and typically nothing if you live beyond that term.&raterm.»