Sentences with phrase «full face value of the policy»

In many of these cases, a term life insurance policy is often the most inexpensive choice and the full face value of the policy pays out on the policy holder's death.

The company often pays you the full face value of the policy if you live to the end of the specified mortality table, which, as its name suggests, tabulates your life expectancy based upon your age and health.

Death in year three or later will trigger the policy to pay the full face value of the policy.

Every guaranteed acceptance life policy will immediately pay out the full face value of the policy if death is due to an accident.

If you live that long, the company will send you a check for the full face value of the policy.

States have guaranty funds in order to protect citizens if their insurance company goes out of business, but they may not cover the full face value of the policy.

The charity benefits by receiving the full face value of the policy without taxes.

With a level benefit policy, the full face value of the policy will be in effect as soon as you are approved and begin paying premiums.

When the insured dies these investors are paid the full face value of the policies.

If the loan is not repaid before a claim results in a payout, your beneficiaries may not receive the full face value of the policy.

If you had died within the 5 year period, for example, your beneficiary would have received the full face value of the policy.