Sentences with phrase «dying within the term period»

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 premiums.

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).

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).

If you die within the term period, then the designated beneficiary would receive the death benefit.

Also, no benefits would be paid if the insured doesn't die within the term period.

If you die within the term period, your spouse and dependents get a death benefit pay out; and if you don't, you'll have accumulated a nice nest egg in the process.

You really put out a lot less for term insurance and if you died within the term period you had made the correct decision when you bought term.

That is true but ask yourself this question, suppose you don't die within the term period would there be any money to get back.

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 premiums.

If you would die within the term period, your beneficiaries would receive a payout.

This type of insurance is strictly for meeting your family's needs should you die within the term period.

Not exact matches

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

Term life insurance is purchased for a defined period; if you die within that period, your family will receive the money from your life insurance policy.

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.

A no medical exam term life insurance policy protects the policyholder if they die within the specified period (such as 10, 15, 20, 25, or 30 years).

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.

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.

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.

Term life insurance, which pays out a tax - free lump sum if the policyholder dies within the policy period, is an inexpensive way to protect your family's financial future.

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

If the person dies within that period then the nominee is going to get the pension facility until the term is complete.

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 polTerm 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 polterm of the policy.

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.

• 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.

With a 30 year term life insurance policy, your beneficiaries will be protected should you die within that predetermined time period.

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.

Term life insurance guarantees that your dependents receive benefits within a specific period if you should die.

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.

Since the policy only pays a death benefit if you die within the period, the shorter the term of coverage, the lower the risk of death and thus the cheaper the premiums.

You own $ 1,000,000 of term life insurance for a specific period of time and you die within that period the life insurance company pays $ 1,000,000, as long as you keep paying the premiums.

Term life insurance will only payout benefits to the named beneficiaries if the insured dies within the period tTerm life insurance will only payout benefits to the named beneficiaries if the insured dies within the period termterm.

Term life insurance is basic coverage that pays out if you die within a specific time period, regardless of cause of death.

So, if you buy a $ 500,000 ten year term and you die within that time period, your beneficiary receives $ 500,000.

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.