Sentences with phrase «gives policyholders»

• A long - term care rider, or «accelerated death benefit» that gives policyholders access to the cash from the death benefit while they are still alive if they have been diagnosed with a terminal illness.
Getting vehicles insured gives policyholders the right to file claims in the event of a collision or any accident that can result to injuries as well as damages to property.
This type of policy gives policyholders a quote for the year the coverage is bought.
MetLife gives policyholders the options of adding more coverage to the basic policy by something called a policy rider.
Universal life insurance gives policyholders the flexibility of deciding how much to put into the cash component, over and above a minimum premium.
Self Managed Portfolio Strategy gives policyholders the flexibility to manage and maintain their investment portfolio independently with an option of five different funds.
Grace Period: The policy gives policyholders thirty days to pay all due premiums.The policy will acquire a «Discontinued» status if payment is not made within the applicable timeframe.
SHIKSHA PLUS SUPER gives policyholders an option to invest premiums in five investment funds offered by Max Life Insurance with a choice of Dynamic Fund Allocation and Systematic Transfer Plan.
Grace Period: The policy gives policyholders thirty days to pay all due premiums.
This e-Insurance account gives policyholders access to their life insurance portfolio at a few clicks.
A top - ranked mobile app gives policyholders flexibility in accessing their policy information and an easy - to - follow claims filing process.
Whole life insurance gives policyholders the security of knowing they are covered for the rest of their lives and their premiums, as long as they pay them on time each month, are never going to rise.
Each policy will have different limits related to the potential changes, but this type of policy still gives policyholders more control over their life insurance.
With big - ticket items, this 180 - day period gives policyholders enough time to save or earn the money needed to initially repair or replace the item.
The non-auto-renewal option gives policyholders the choice to cancel or renew their annual trip plans.
A unique feature of universal life insurance is it gives policyholders a surprising amount of flexibility with the premium payments and death benefit.
This is one of the more popular insurance policies because it gives its policyholders the option to invest as well as alter the insurance coverage with ease.
A unique feature of universal life insurance is it gives policyholders a surprising amount of flexibility with the premium payments and death benefit.
For more than 50 years, Aflac products have given policyholders the opportunity to direct cash where...
The insurance industry is getting digitally savvy giving policyholders the comfort of buying and managing their policy and that too at lower costs.
Unlike other travel medical plans, single - trip plans offered by HTH Travel Insurance give policyholders flexibility to choose the maximum benefit (or money the insurer will pay out) and their deductible.
A rider is a modification or addition to a life insurance policy designed to give the policyholder either flexibility or extra coverage to protect against life's uncertainties.
Riders are additions or modifications to a life insurance policy that give the policyholder either flexibility or extra coverage options.
But a third category of investment that also showed an increase in Canadian confidence are segregated funds — a type of investment fund administered by Canadian insurance companies that give policyholder death benefit guarantees.
Riders are add - ons and give the policyholder the option to enhance risk cover.
Not to mention, since they are fraternal society, they give all their policyholders access to free & valuable member benefits.
Riders are additions or modifications to a life insurance policy that give the policyholder either flexibility or extra coverage options.
Where ULIPs give the policyholder a lot more flexibility and transparency, endowment plans act as a guaranteed return plan option as they offer definite profits.
Unlike life insurance which gives the policyholder a large lump sum to distribute as they see fit, final expense insurance only covers costs related with the burial.
A term insurance rider is an attachment, amendment, or endorsement made in a term insurance policy that gives the policyholder supplementary... read more
Companies shall give policyholders at least ten days notice prior to the date of cancellation and 30 days notice prior to the date of non-renewal.
Annual Renewable Term Life Insurance gives the policyholder term life insurance for a year at a time and renews annually.
In areas prone to any of these natural disasters, insurers usually give policyholders the option of adding some kind of option to protect them from these risks.
Life insurance riders give policyholders the flexibility to customize their policy to fit their needs and adapt to the changes in their lifestyle.
These plans are designed to give policyholders that just have a small amount of debt or want to give their family the money that they need to pay off any burial expenses.
Indexed universal life insurance policies give policyholders the option to allocating all or a portion of their net premiums (after paying for the insurance coverage and expenses) to a cash account.
The Self Managed option gives the policyholder the freedom to manage his or her investment portfolio independently.
A term insurance rider is an attachment, amendment, or endorsement made in a term insurance policy that gives the policyholder supplementary coverage.
By providing such great benefits at competitive rates, term plans give the policyholder an opportunity to get the protection of life insurance cover at minimal costs.
However, life insurance is a far more versatile investment option nowadays, also giving policyholders the benefit of availing a loan against the life insurance policy.
As a term ends, many policies give the policyholder the right to continue the coverage.
In fact the policy offers cover on the life of the insured and is also the cheapest form of life insurance which gives the policyholder the maximum protection for a given amount of annual premium.
Renewable term life insurance is a policy that gives the policyholder the option to extend their life insurance coverage beyond the period specified in the insurance contract instead of buying a new policy.
iSurance Flexi Term Insurance Plan is a flexible, online term plan which gives the policyholder the choice to opt for a benefit as per his needs.
Investopedia offers the following definition: «An indexed universal life insurance policy gives the policyholder the opportunity to allocate cash value amounts to either a fixed account or an equity index account.
Convertible term life insurance gives its policyholder the option to expand coverage to adapt to their new financial needs or life circumstances.
Investipodia offers the following definition: «An indexed universal life insurance policy gives the policyholder the opportunity to allocate cash value amounts to either a fixed account or an equity index account.
This gives the policyholder the added benefit of return on investment along with a traditional insurance policy in just one plan.
Flexible universal life policies give the policyholder, as the name implies, more flexibility.
Other types of coverage, such as variable life insurance, give policyholders a degree of control over their investment.
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