Sentences with phrase «entire duration of your coverage»

Waiver of Premium: A particularly effective rider for business owners under the age of 60, the WoP rider kicks in if you are disabled, waiving all premiums due on your policy for the entire duration of the coverage, or until you are no longer disabled.

This means you will likely pay a higher annual premium for the entire duration of your coverage.

If you purchase level term life insurance your premium is guaranteed to remain level (the same) for the entire duration of your coverage, up to 30 years.

Not exact matches

A single trip policy provides coverage for the entire duration of a trip, and it can not be used again after the trip.

The single trip travel insurance policy provides coverage for an individual for the entire duration of the trip, and it is particularly suitable for travelers who are making trips only once or twice a year.

Permanent life insurance or whole life insurance provides coverage for the entire duration of a policyholder's existence.

The premium rate on this term life coverage will be locked in for the entire duration of the policy.

Whole life insurance is different than Term Life in that it offers coverage for the entire duration of a person's life.

You pay the same amount of premium each year (or monthly) and the amount of insurance coverage remains the same for the entire duration of your policy.

The annual premium, or «rate», for a term life policy is determined at the time you purchase coverage and set for the entire duration of your policy term.

The difference is that instead of offering a locked - in amount of coverage that lasts over the entire term — the duration of the policy — the coverage decreases in value at a set rate.

It has premiums that stay the same each year for the entire duration of your policy, and your amount of coverage stays the same, too.

Risk coverage is for the entire duration of life and the sum assured is paid after the death of the insured Limited Payment Whole Life Insurance: where premiums are paid for a limited and shorter period of time as chosen by the insured or after his death, whichever happens earlier.

The policy provides coverage for the duration of the entire life, or ninety nine years to be precise.

Where term life offers coverage for a duration of time, whole life insurance Minnesota offers coverage for your entire life.

In fact, with level term life insurance you can choose coverage that will last for a duration of 10, 15, 20, 25 or 30 years and your rate stays the same for the entire length of your policy term.

If you purchase level term life insurance your coverage amount is guaranteed to remain the same for the entire duration of your policy, up to 30 years.