Sentences with phrase «during your coverage period if»

Not exact matches

No medical exam life insurance policies usually have no waiting period, but the company will investigate the circumstances of your death if it occurs during the first two years of coverage.

Term life insurance provides affordable coverage for a defined period of years, with its primary purpose to replace income or help pay off outstanding debts if the insured dies during that time.

In addition, there's generally a restricted period for the first few years of coverage, so if you pass during that time your beneficiaries won't receive the full payout.

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).

During the warranty coverage period, GMC provides alternate transportation and / or reimbursement of certain transportation expenses under the Courtesy Transportation Program if your vehicle requires warranty repairs.

If your vehicle requires warranty repairs during the 6 - year / 70, 000 - mile (8 - year / 100, 000 - mile † for eAssist - equipped vehicles) warranty coverage period, alternate transportation and / or reimbursement of certain transportation expenses may be available under the Courtesy Transportation Program.

If you pass away during the period of coverage, your beneficiaries would receive the entire face value of the policy.

No medical exam life insurance policies usually have no waiting period, but the company will investigate the circumstances of your death if it occurs during the first two years of coverage.

In addition, there's a two - year waiting period after you purchase coverage during which, if you pass away for any reason besides an accident, the full death benefit would not be paid.

While life insurance rates will vary according to your particular health and risk profile, term policies are typically the least expensive form of coverage, since they only pay out if you die during a certain period of time (the «term» of the policy).

In addition, there's generally a restricted period for the first few years of coverage, so if you pass during that time your beneficiaries won't receive the full payout.

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

Insurers typically have a period of a few years during which they can cancel coverage if they found you falsely responded to any underwriting questions, and you'll forfeit all premiums paid up to that point.

Exception: If your group health plan coverage or the employment it is based on ends during your initial enrollment period for Medicare Part B, you do not qualify for a SEP..

Term life insurance offers coverage for a specified period of time, typically between 5 to 35 years, and your beneficiary will receive a payout if you pass during that period of time.

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).

Policies have a surrender period during which, if you withdraw part of the cash value or decide to give up your coverage, you will pay fees.

The monthly premium for Part B is $ 104.90 for 2016 and if you don't enroll during the initial sign - up period you will have to pay an enrollment penalty that will stay in place as long as you have Part B coverage.

A Term Life policy offers coverage only if death occurs during a specific period of time, which coincides with the terms in which the insured member is required to make a monthly premium.

If you don't sign up during this initial period, you could face enrollment penalties or face a gap in your Medicare coverage.

You can also have lifetime coverage with a certain period guaranteed - so if you pass during this time, payments continue to your beneficiary.

This is a time period during which the life insurance company may investigate any claims you may have made — regarding your current health status, for example — and decline your coverage if you falsified information.

A beneficiary designation form is a legal document and will be used by the insurer to determine who will receive the death benefit if you pass away during the period of coverage (as well as how much they will receive).

If an insurer finds out during the first two years of coverage (the contestability period) that you lied on an application, they can revoke your coverage.

Your beneficiaries are the people or entities that would receive the payout, or death benefit, if you pass away during the period of coverage.

Ensuring medical coverage during the relocation process and adequate coverage if there is a wait period for insurance coverage; and,

If there is damage to the building you are renting and you must live elsewhere while the building is being repaired, you will have coverage for additional living expenses incurred during the reconstruction period.

Occurrence coverage covers any incident that takes place during the coverage period, even if the suit is filed after the policy has expired.

Because term insurance is simple; designed to only provide coverage for a defined number of years, and pays out if you die during that period it carries less risk than permanent life insurance and is more affordable.

I feel that the traditional insurance products gives an insurance coverage even during the policy period and still if the investor is alive, he gets extra amount in form of Bonus + FAB which comes closer to 6 - 7 % which is an excellent option for long term (> 15 years) right whereas Term insurance is only till certain time or else the entire amount gets wasted..

Your pet would be eligible for coverage for future cruciate ligament injuries if there had been no signs / symptoms with either leg before enrollment or during the 15 day waiting period.

However, if your pet had cruciate problems on the same leg or the opposite leg 18 months prior to policy inception or during the waiting period after inception, then they are considered pre-existing and not eligible for coverage.

You may have only a limited amount of time to enroll in a plan with your own company during an open enrollment period and you should find out when that is and whether you will be eligible if you suspect you'll be divorcing and losing coverage.

With respect to the issue of what happens if the employee becomes sick or injured subsequent to the termination of his employment, during which period of time he ought to have had coverage under an LTD policy, see my summary of the Brito case in the post The Requirement to Maintain Disability Benefits on Dismissal.

If he didn't renew the last policy period and he reported it to the carrier, say a month after he non-renewed that policy, then even though he had coverage for it during the policy period, there would no longer be insurance coverage because he didn't report it during the policy period.

Keeping a narrow focus on these customers helps me to realize that I need to be building products which help them with fast and efficient contracts for when they are able to ramp up a short term contract to cover the «in - between - period»; coverage on status for anything that had been in process during the shutdown, such as a Trademark request; and clearer contracts and legal help on when and if they can recoup their losses from their main contract holders or directly from the government.

If it was not made against the insured during the policy period, then the insurer can disclaim coverage for that reason alone, regardless of when the insured gave notice.1 If the claim was made during the policy period but the insured gave notice after the expiration of the requisite time frame for notice under the policy, then the ability to disclaim coverage will turn on whether the notice provisions are conditions precedent or covenants.2 This principle applies regardless of whether the policy is a claims - made or a claims - made - and - reported and reported.3 If the notice provisions are covenants, then late notice constitutes a breach of the policy by the insured, triggering application of Md..

A policy providing liability coverage only if a written claim is made during the policy period or any applicable extended reporting period.

«Return of Premium» is a common feature in many term life insurance policies that provides a full or partial refund of the premium paid at the end of the coverage period if nothing was paid out on the policy during that time.

This means that until the waiting period has ended, if the policy holder passes away during this time the benefits will only be whatever premiums have been collected or a fraction of the benefit coverage.

Note: If a trip begins during the coverage period of your Multi-Trip plan but will extend beyond the expiry date, you can purchase top - up coverage for any travel days that fall after the expiry date or you can purchase a new CoverMe Travel Insurance Multi-Trip plan for the next 365 - day period as long as the total duration of the trip does not exceed the maximum trip - length you chose when you purchased the Multi-Trip plan.

If an injury or illness occurs during the period of coverage and the insured person requires medical or surgical treatment, this plan will pay, subject to the co-insurance and selected deductible, reasonable and customary charges for the following covered expenses, up to the selected policy maximum.

Because term life insurance only pays out if the policyholder's death occurs during the term of their coverage period, policy premiums are generally lower than whole life insurance.

If you smoke but took out your policy as a non-smoker, or if you have a serious or terminal illness and failed to disclose that when you applied for coverage, your beneficiaries may be left without coverage if either of those things kills you during the life insurance waiting perioIf you smoke but took out your policy as a non-smoker, or if you have a serious or terminal illness and failed to disclose that when you applied for coverage, your beneficiaries may be left without coverage if either of those things kills you during the life insurance waiting perioif you have a serious or terminal illness and failed to disclose that when you applied for coverage, your beneficiaries may be left without coverage if either of those things kills you during the life insurance waiting perioif either of those things kills you during the life insurance waiting period.

Note: If a trip begins during the coverage period of your Multi-Trip plan but will extend beyond the expiry date, you can purchase top - up coverage for any travel days that fall after the expiry date or you can purchase a new CoverMe Travel Insurance Multi-Trip plan for the next 365 - day period as long as the total duration of the trip does not exceed the maximum trip length you chose when you purchased the Multi-Trip plan.

Be aware that Medigap plans are only guaranteed issue during the six - month window that starts the month you turn 65 (or when you enroll in Medicare Part B, which might be after you turn 65 if you still had employer - sponsored coverage), and during limited special enrollment periods (there's no annual open enrollment period like there is for Medicare Advantage, Medicare D, and Original Medicare).

Also, if your boat policy specifies that your boat will be stored during a specific period, say for the cold weather months of November — February and you take the boat out for a ride during that time period; you have no coverage under your boat policy should an accident occur.

If you experience a significant life change, you may be able to sign up for health coverage through the Health Insurance Marketplace during a Special Enrollment Period.

Return of Premium Insurance in this case provides a refund for all or some of the premiums you paid for the Term Life Insurance at the end of the term if no death benefit was paid out during the coverage period.

It may seem like a good way to cut costs during a lull period for your business, but keep in mind your vehicles can benefit from coverage, even if they are sitting in a garage.