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

Not exact matches

Indeed, it is simply remarkable that those people responsible for educational and social policy during the past three decades can not make the obvious connection between the deplorable state of education, the multiple tragedies of the inner cities, and the virtual elimination of religiously informed values from American public life.
Known as Betty, her contributions to public health policy came during her tenure from 1992 to 1998 as president of the William T. Grant Foundation, a social science research nonprofit focused on inequality and improving the lives of young people, and through her earlier work in 1977 as the director of studies of the President's Commission on Mental Health during the administration of President Jimmy Carter.
You can change the death benefits during the life of the policy, usually after passing a medical examination, and you can pay premiums from your accumulated cash value.
So, if funds are needed by a variable life policyholder during his or her lifetime, these plans will typically allow the individual to either withdraw or borrow cash from the investment component of the policy.
• Ability to properly handle and restrain patients with respiratory or cardiac compromise • Properly prep and scrub patients for sterile diagnostic procedures • Monitor patient parameters and notify doctor of potential concerns • Take proactive role in life - saving techniques including CPR, as necessary • Properly record patient vitals and trends on anesthesia flow sheet • Perform patient blood work including hematology • Proper handling of diagnostic specimens during procedure and facilitating the proper care and transfer to laboratory including accurate request forms and documentation • Ensure that proper procedures and documentation are followed during deceased patient aftercare • Client communications according to hospital policy • Medication administration for in house patients and refill processing for Internal Medicine patients • Outstanding nurse care • Ability to place catheters and draw blood from patients with compromised veins (peripheral or jugular).
In particular, it can lead the way to the development of effective policies to reduce the carbon footprint of people during their life course, protect older people from climate - related threats and mobilize their wealth of knowledge and experience to address these.
Corporations can also benefit from taking out term life policies on key team members during M&A shifts, as part of Buy - Sell agreements, or during the span of a special project.
A policy that is noncancelable protects you from the insurance provider raising your premiums during the life of the policy.
A nomination can be changed at any time during the term of the contract and the life assured is expected to review the nomination made under various policies from time to time.
Future Generali Life Insurance offers a systematic fund transfer option that allows the insured to switch their policy from aggressive equity - oriented funds to more balanced debt oriented funds during the last 3 years of a policy.
After he purchased his policy and his airline tickets, he was continuing his usual cancer treatments, but unfortunately developed a dangerously low white blood count which precluded him from traveling since it increased his risk of contracting a life threatening infection during the trip.
This coverage provides a lump sum benefit (up to the policy limit) if loss of life or limb occurs while boarding, traveling in, or disembarking from an airplane during a covered trip.
From cancellation of debts to compensation for funeral expenses and more, a life insurance policy is easily the most financially responsible, and financially beneficial decision that a person can make during adulthood.
If you die during the contestability period and your misrepresentations come to light, then the life insurance company may cancel the policy, refuse to pay the death benefit, or subtract money from the death benefit based on the amount of premiums you should have paid.
4 Distributions from a life insurance policy in the character of partial surrenders (withdrawals) up to basis or policy loans will generally be income tax free, provided the policy does not violate Modified Endowment Contract (MEC) guidelines and the policy is not terminated during the lifetime of the insured.
Choosing a renewable or convertible life insurance policy may also protect you from the contestable period in life insurance, which allows payment of the death benefit to potentially be investigated and denied during the contestability period.
So, if funds are needed by a variable life policyholder during his or her lifetime, these plans will typically allow the individual to either withdraw or borrow cash from the investment component of the policy.
With American General you can convert your policy from term to universal during the life of the policy up to age 70.
Annual Premium paid during the financial year towards a life insurance policy is allowed as deduction from the total income, subject to a maximum amount of INR1, 50,000.
Indexed universal life (IUL) insurance is often pitched as a cash value insurance policy that benefits from the market's gains — tax free — without the risk of loss during a market downturn.
This is a clause that states that should the insured (meaning you) die from NATURAL CAUSES during a certain period of time immediately after purchasing your life insurance policy (typically 2 to 3 years), the life insurance policy will not pay the death benefit (the insurance coverage amount).
Distributions from a life insurance policy in the character of partial surrenders (withdrawals) up to basis or policy loans will generally be income tax - free, provided the policy does not violate Modified Endowment Contract (MEC) guidelines and the policy is not terminated during the lifetime of the insured.
Term Life Insurance pays a benefit only if death occurs during the term of the policy, which is usually from one to 30 years.
If you pass away during the term of your policy while coverage is «In Force», your beneficiary (you choose) will receive the death benefit proceeds from the life insurance policy, free from federal income tax.
That it's not all bad news when it comes to the graded death benefit policies because in most cases, if an insured dies from «natural» causes during the graded death benefit period, most guaranteed life insurance policies (or at least the ones we offer here at TermLife2Go) will have some «reimbursement program» whereby the insured's beneficiary will receive back some if not all of the premium payments that the insured paid plus some type of additional interest earns as well.
A conversion provision allows the owner of the term life policy to convert from the term life insurance policy to a permanent life insurance policy during a specified period of time without having to show that the insured is in good health.
Don't let the fear of being poked and prodded during a medical exam stop you from obtaining a life insurance policy.
A pre-specified amount is paid if the policyholder dies during the term of the plan, called the «Sum assured» A term insurance plan differs from a traditional Life Insurance Policy in the way that no Maturity Benefit is provided if the policyholder outlives the term of the pPolicy in the way that no Maturity Benefit is provided if the policyholder outlives the term of the policypolicy.
It pays only if death occurs during the term of the policy, which is usually from 1 to 30 years while Whole Life or Permanent Insurance pays «death benefits» when the policyholder dies or prior to «Maturity» (that may occur at age 120 for example).
It's not all bad news because with most guaranteed accepted life insurance policies, the best final expense and burial insurance companies will generally have a policy whereby: Should the insured die from natural causes during the graded death benefit, most if not all of the paid premiums will be returned to the insured beneficiaries so it will be as though the insured didn't actually lose money by purchasing the policy and dying too soon!
If you die during the term of your policy, your family (beneficiary that you choose) receives the death benefit from your life insurance.
Virtually all individual life insurance policies contain a clause denying payment if the insured person dies from suicide during a certain period after a policy goes into effect, says Paul Graham, senior vice president of insurance regulation and chief actuary of the American Council of Life Insurlife insurance policies contain a clause denying payment if the insured person dies from suicide during a certain period after a policy goes into effect, says Paul Graham, senior vice president of insurance regulation and chief actuary of the American Council of Life InsurLife Insurers.
o Monthly Income Benefit: In case of death of the life insured during the policy term, the nominee is entitled to receive the monthly income that starts from the date of death till the end of the policy term, subject to a guaranteed payout for a minimum period of 36 months.
You see, what a graded death benefit does is protect an insurance company from having to pay out a guaranteed acceptance life insurance policy during the first couple of years (generally 2 - 3 years) should the insured die from a natural cause.
However there is no deviation from the basic principle of whole life policy wherein no amount is paid on maturity, only when any eventuality arises during the policy period, the entire sum assured amount is payable by the Insurance Company to the nominee of the deceased person.
During this period of time, the life insurance policy will pay out in full in the event that the insured dies from an accidental cause (such as: slip and fall, motor vehicle accident, victim of crime, etc, etc...) but the policy will not cover the insured in the event of an natural cause of death during that first 2 year pDuring this period of time, the life insurance policy will pay out in full in the event that the insured dies from an accidental cause (such as: slip and fall, motor vehicle accident, victim of crime, etc, etc...) but the policy will not cover the insured in the event of an natural cause of death during that first 2 year pduring that first 2 year period.
Now these Graded Death Benefits will typically vary from one insurance carrier to the next but they will all typically include some period of time during which the new life insurance policy will not cover the insured for NATURAL CAUSES of death.
Guaranteed issue life insurance companies impose a «waiting period» during the first two years of their policies to prevent people from purchasing life insurance from their deathbed.
If you die during the «term» of your policy, your «beneficiaries» (people you choose) will receive the full death benefit from your life insurance policy tax free.
If you die during the 10 year period, your beneficiary (you choose) receives the proceeds of $ 250,000 from the life insurance policy.
Simple Reversionary Bonus vested annually from the end of the 1st policy year and is payable on survival during benefit payout term or death of the life insured / maturity of the policy, as applicable under Pure Income Benefit & Income with Maturity Benefit Option respectively.
In the event of accidental death during the tenure of the policy (provided the life assured is aged 18 years & above on the date of death), an additional sum assured is payable apart from the death benefit mentioned above as per the policy terms and conditions.
For Life Insured with entry age below 5 years: For minor lives, where the entry age is below 5 years, in case of death during the 1 year and 11 months from the date of commencement of the policy, 105 % of total premiums paid till date of death.
If you pass away during the term of your policy, your beneficiary receives a death benefit pay out from your life insurance free from federal income taxes.
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.
If Life Insured is diagnosed with CiS or Early Stage Cancer or Major Stage Cancer or dies during the Waiting Period, then no benefit is payable apart from refund of 100 % of the premium paid since the date of commencement or reinstatement of policy (as the case may be) excluding all applicable taxes, cesses and levies asimposed by the Government along with any other cess and late fee and / or interest payment paid on reinstatement.
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