Sentences with phrase «full policy face amount»

Not exact matches

In the face of bureaucratic hostility, endless second - guessing about discipline and various school policies, and a bizarre amount of vitriol, the Success Academy earned the Broad Prize for Pubic Charter Schools (Full disclosure: I'm a member of the Broad Prize review board).
Face - amount certificate Face - amount certificate company Face value Fair market price Feasibility study Federal covered securitiy Federal funds Federal Home Loan Mortgage Corporation (FHLMC or «Freddie Mac») Federal National Mortgage Association Federal Reserve Board Fidelity bond Fiduciary FIFO Fill - or - Kill Financial futures Financial and operations principal Firm commitment underwriting Firm quote Five percent policy Fixed annuity Fixed assets Fixed income pricing system (FIPS) Fixed - unit investment trust Floor brokers Flower bonds FNMA FOCUS report FOK FOMC Forward pricing Fourth Market FRB Free Credit Balances Freeriding Freeriding and withholding Frozen account Full authorization or discretion Fully diluted earnings per share Fully paid securities Functional allocation Fundamental analysis Futures
If death is by accident, some carriers will pay the full face amount, regardless of the in force policy graded period.
The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.
Generally these can be taken under one of three possible non-forfeiture options: (1) surrender for full cash value; (2) use of the cash value to purchase reduced paid - up life insurance; and (3) use of the cash value to purchase extended term insurance in the full face amount of the original policy for as long as the cash value will pay net premiums.
After the two - year Graded Death Benefit period, if you die for any reason the full face amount of the policy shall be paid to your beneficiary.
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.
Level benefit means once the policy has been issued, the insured's beneficiaries are eligible for the full face value immediately after death of the insured occurs with no reduction in the face amount otherwise known as the death benefit.
Even if they died in an accident during this time, they would be paid the full final expense policy face amount of $ 15,000.
People who have a serious health problem may receive a policy with a «graded death benefit,» which means the coverage amount increases over time and your beneficiaries won't receive the full face value if you die within the first few years of the policy.
This means that the policy's face amount is practically guaranteed as long as the policy is in place, paid in full, and there are no loans taken on the policy.
Also, the amount paid to you as living benefits is not deducted from your policy's face amount, which remains in full effect to cover future injuries.
So you know that you need some protection but you don't need a full policy with a big face amount.
You do not have to make up the full face amount on one policy because you can ladder your policies.
The policy comes with a two year graded death benefit, meaning the full face amount will not be paid out until after two full years.
After the two - year Graded Period, if the insured dies for any reason, the full face amount of the policy shall be paid to the beneficiary.
If the insured dies from an accident, they will pay the full face amount of the policy even during the first two years.
For example, if a policy's face amount is $ 100,000, the beneficiary receives the full amount, pure and simple.
When that beneficiary dies, the policy's face amount would transfer over to another beneficiary, who can choose to receive the full face amount however they wish.
Term life insurance doesn't accrue cash value like several other types of life insurance, but with many term policies, beneficiaries do receive the full face amount.
Remember, a final expense policy will provide the full face amount of the policy at any time (if there is no two - year waiting period) to ensure your burial costs are paid for.
Getting a payout in installments means that it takes longer to get the full face amount, but because the carrier can hold on to a portion of your money for longer, they add interest to the policy's value, like a bank.
It states in layman terms, if you pass away as defined the terms in the policy then your beneficiary will receive the full face amount of the policy.
If death is by accident, some carriers will pay the full face amount, regardless of the in force policy graded period.
After the two - year Graded Death Benefit period, if the insured dies for any reason, the full face amount of the policy shall be paid to the beneficiary.
A level benefit means the full face amount of the policy will be effective on the day the application is approved.
The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.
You simply pay your monthly premiums and, upon your death, the full face value amount of your policy is contributed to that organization as a charitable gift.
If you died 6 years in the future, or even later than that, the full face amount of the policy will be paid to your beneficiary, plus any dividends or paid up additions accumulated up to that time.
When an insured dies the full face amount of the policy, or an income derived from the face amount of this policy, is paid out to the beneficiaries.
If you died anywhere between age 25 and 100 the life insurance company would pay the full face amount of the policy to your beneficiaries.
The no health questions policies start out at a fraction of the face amount and increases over a period of time, usually 10 years, until you are covered for the full amount.
If you committed suicide after that 2 year contestable period the full face amount of the policy will be paid.
The policy comes with a graded death benefit paying 30 % of the face amount in year one, 70 % in year two and the full death benefit in year three.
Upon your death, regardless of how you die other than by suicide the full face amount of the policy will be paid to your beneficiary in one lump sum or in the form of an income if you elect to go this way.
This policy is for those with impaired health offering a graded death benefit that provides for all premiums returned plus 10 % interest in year one and two, with the full face amount available starting in year three.
This means the full face amount will be in force once the policy is issued
If you're to die through an accident within the first two years of the policy, your beneficiary will receive the full face amount.
The full face amount of the policy will not be paid until the policy has been enforced for two years.
After two years, all types of death are covered for the full face amount of the policy.
Most people convert their term policies into permanent policies for $ 50,000 or less, but you can up to the full face amount of your existing policy.
I suggested to him that he put a lower amount in force until he got his cholesterol numbers where they needed to be, but he put the policy in force at the full face amount.
These policies have some whole life and the use dividends and premium to purchase yearly renewable term to make up the full face amount.
After two years the policy pays out the full 100 % of the face amount.
After a number of years, the policy will be entirely paid - up and the policyowner will require no further premiums to keep the full face amount in force for the remainder of the insured's life.
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