Sentences with phrase «during the life of the policy even»

Not exact matches

The questions Paul has raised during his filibuster about the Obama administration's abuse of power (and that of predecessor George W. Bush) in the foreign policy (and even domestic intelligence) arenas, especially in the use of drones to murder innocent lives in Afghanistan, are legitimate.

Like traditional life insurance, the death benefit of a second - to - die policy can ensure your beneficiaries receive a minimum amount of money, even if savings and other retirement income is spent during the lives of you and your spouse.

A life insurance policy is designed to pay out a cash lump sum if the person (s) insured dies during the term of the plan; this will guarantee that the beneficiaries will not be faced with financial difficulties even though they now face a loss of income.

Life insurance living benefits — also referred to as a policy's accelerated death benefits — can allow the policy holder to use some (or in some cases, even all) of the death benefit proceeds during his or her lifetime.

Although not guaranteed, most of these participating whole life policies, backed by mutual insurance companies, have paid dividends for 150 years or more, even during the great depression and great recessions.

The New York Times published an article about tracking down life insurance policies that somehow got lost in the shuffle during the insured's life, so that the beneficiaries didn't know where to find them or were even unaware of their existence.

This means the life insurance company reserves the right to investigate or even deny the death benefit based on the grounds of misrepresentation on the application during the first two years of the policy being in effect.

If the policy is surrendered during the life of the contract the owner will receive the sum of the cash surrender value, even though the insured is not deceased.

Believe it or not, most life insurers let you lower your coverage at least once during the life of the policy — even if you didn't opt for adjustable life insurance.

Non - Linked / Traditional Life Insurance Plans - In case of non-linked plans, the nominee is entitled to receive 80 % of the premium paid in case of death claim due to suicide even within 12 months from the commencement of the policy during the policy term.

This benefit will continue even if the Life Insured attains 18 years of age during the tenure of the policy.