Sentences with phrase «early termination of the policy»

By definition, the paid up value of a life insurance policy is the value an owner receives from the insurer upon default or surrender or early termination of the policy before its maturity or the insured's death.

It also helps the insurer offset additional costs incurred due to early termination of your policy.

Buying a life insurance policy is a long term commitment and early termination of the policy usually involves high costs and the Surrender Value payable, if applicable, may be less than the total premiums paid.

Most auto insurance providers have a cancellation policy that includes fees that come with early termination of your policy.

In case of early termination of the policy, the surrender value payable may be less than the total premium paid.

Not exact matches

If total disability begins on or after age 60, premiums are waived until the policy anniversary closest to age 65 or termination of disability — whichever is earlier.

If total disability begins on or after age 60, premiums are waived until the policy anniversary closest to age 65 or termination of disability — whichever is earlier.

The Company may receive premiums upon the early termination of installment - based policies,

On July 1, arbitrator Dana Randall upheld Unimin Canada Ltd.'s termination of grievor R.V. following his earlier suspension for «what can only be characterized as egregious breaches» of the employer's harassment prevention policy.

Information on the mental health court — including eligibility criteria, plea bargaining and sentencing procedure, sentencing policies, program length, graduation rates, likelihood of early discharge, and consequences of unsuccessful termination — derive from interviews with key mental health court professionals, five years of collected sentencing and dispositional data, and court materials.

A single rider covers all eligible children to the earlier of the child's 25th birthday, the insured's 65th birthday or policy termination.

Policy Termination or Surrender Benefit: The policy gets terminated on the earliest of the following: (1) the date on the which the policy is surrenPolicy Termination or Surrender Benefit: The policy gets terminated on the earliest of the following: (1) the date on the which the policy is surrenpolicy gets terminated on the earliest of the following: (1) the date on the which the policy is surrenpolicy is surrendered.

The cost for early termination of your life insurance policy, annuity contract or other investment.

Offers resignations or early termination of service of the employee, retirement of the employees, death or disability of the employee in service, surrender / discontinuance of policy.

The cash surrender value is the amount of cash in your policy, minus any surrender charges for early policy withdrawals or termination.

Policy Termination or Surrender Benefit: The policy shall be terminated at the earliest of the follPolicy Termination or Surrender Benefit: The policy shall be terminated at the earliest of the follpolicy shall be terminated at the earliest of the following:

At the end of every financial quarter or on date of termination, whichever is earlier, the Policy Account will be credited with

Depending on the age of the policy and any clauses written into the contract, you may also have to pay early termination fees.