Sentences with phrase «duration of the term»

When calculating premiums for a term life insurance policy, life insurance carriers consider several risk factors, as well as, the amount of life insurance and duration of your term life policy.

It's the term life conversion option, and it could be the single best method available to overcome the limited duration of term policies.

These premiums are locked in throughout the entire duration of the term insurance plan.

With level term life insurance, your premiums remain the same the entire duration of your term length.

However, some premiums are not guaranteed to remain the same for the full - duration of the term period.

Under the regular pay option you can pay for the entire duration of the term plan.

With level term life insurance, your premiums remain the same the entire duration of your term length.

How long coverage under a term policy will continue will depend on the type of and duration of the term policy you purchase.

When CDs are left untouched for the entire duration of their term, they typically produce yields higher than regular savings or money market accounts.

Premiums can be paid either in a lump sum at the commencement of this HDFC term insurance plan under the Single Premium plan option or regularly for the entire duration of the term under the Regular Premium plan options.

14 years longer is than what's allowed today but not because of the new term limit (which he wouldn't have exceeded would it have been in place at the time) but because of the shorter duration of the term itself (5 years since 2000).

The term policy must also include the Extended Conversion Agreement, which allows the term insurance conversion option to extend to the full duration of the term or to age 75.

Options for policy length are numerous but the most popular durations of term insurance are 5, 10, 15, 20, 25, and year policy lengths.

First of all, there are usually several durations of term insurance you can choose from when buying a term insurance policy: 5 years, 10 years, 15 years, 20 years, 25 years or 30 years of coverage.

The term or duration of your term life coverage does make a difference in the probability of your death, since the longer the term, the greater the chance you will pass away while covered by your term life insurance policy.

Premiums can either be paid in lump sum at commencement under the single premium plan option or regularly for the entire duration of the term under the regular premium plan option in this HDFC term plan.

Gerber offers 10, 15, 20 or 30 - year term policies, and, the premiums are level for the entire duration of the term you choose.

Most CDs come with fixed rates, meaning annual percentage yields are locked in for the duration of the term.

Because of the high interest rates, you should consider what the monthly payment will be and that you will be able to make it on time for the duration of the term.

Easy repayment: You'll pay the same amount each month for the duration of your term.

If a member leaves a board before the end of his or her term, the replacement shall serve for the duration of the term; if the time remaining in the term is less than eighteen months, the replacement shall still be eligible for two consecutive full terms at the conclusion of the partial one.

Maintenance is usually covered for the duration of the term.

Since then Rosie has rolled out one step per term at staff development days; this then becomes the focus for all teachers for the duration of the term, culminating in a whole school moderation task.

A tenured position means that the lender can feel confident that you will have a steady income for the duration of the term.

If you outlive your coverage, it's a win for everyone involved — you got peace of mind for the duration of your term, and the carrier can use your accumulated premium payments to keep the company going and make sure that the few unfortunate families that file claims are taken care of.

To obtain a USDA loan, borrowers must pay mortgage insurance for the duration of the term, including a 2 % up - front fee that is financed into the loan amount.

These are different from paid - up insurance, however, in that the life insurance is only in force for the duration of the term specified in the policy.

With level term life the premiums will stay the same for the duration of the term.

Should you ever decide to switch lending institutions, you would have to reapply for mortgage life insurance whereas term life insurance is portable - you own the coverage for the duration of the term.

Most CDs come with fixed rates, meaning annual percentage yields are locked in for the duration of the term.

These have fixed end dates with equal payments made throughout the duration of the term.

Unlike savings - secured and pawnbroker loans, you get to keep and use your vehicle for the duration of the term of the loan.

If your goal is to teach for the duration of the term required by the program, we'd recommend evaluating your monthly payment plan.

Each policy has a guaranteed level premium for the duration of your term period, and reapplication is an easy process when your term is over.

You'll want to lock in a standard rate now in case illness is in your future: «If you have a term insurance policy, there's no further medical requirements for the duration of the term,» says Cooke.

You get a fixed interest rate that will be honored for the duration of your term.

Terms typically range from five to 30 years, and you usually pay a monthly premium for the duration of the term.

The money that you invest in a Zag RRSP GIC earns high interest for the duration of the term that you select.

With a term life insurance policy, you pay relatively low premiums for coverage as high as $ 500,000 to $ 1 million, and the policy remains in effect for the duration of the term, usually 10, 20, or 30 years.

Age and health are critical factors, so if you purchase coverage while you are young and healthy you can lock in a great rate for the duration of your term policy.

You'll want to lock in a standard rate now in case illness is in your future: If you have a term insurance policy, there are no further medical requirements for the duration of the term.

You can earn the 2.20 % APY with a minimum of $ 500 and lock in that rate for the duration of the term once the account is funded.

With a Synchrony Bank CD, you'll not only earn a fixed rate for the duration of your term, you'll earn a rate that exceeds the national savings account average.

Step - Up bonds allow you to obtain a minimum progressive rate that is guaranteed for the duration of the term.

As such, there was little doubt that the tenant could very well end up having to pay rent through to the duration of the term, notwithstanding that it was no longer operating from the property.

Once you lock in a term rate for 10 to 30 years, your premium is guaranteed to stay level throughout the duration of that term.

Typically the premium is fixed for the duration of the term with the ability to renew on an annual basis.

But what is unique is they also offer a lower cost type of insurance called term, which keeps the premiums fixed for the duration of the term.