Sentences with phrase «guaranteed renewable policies for»

Not exact matches

At our state conference last month, we overwhelmingly passed resolutions supporting guaranteed healthcare as a human right, free public education from pre-K through college or trade school, a living wage and fair compensation for all, investments in environmental protection and renewable energy, restoration of voting rights to former felons, public financing of elections to eradicate the corrupting influence of big money in politics, and other policies that serve the people.

Guaranteed renewable is defined as the ability to continue your policy under the terms of the contract for the full extent of the policy.

To be tax - qualified, a policy must be guaranteed renewable (except for non-payment) and offer inflation adjustment and nonforfeiture protection, though the insured is free to reject either or both terms.

Regardless of the type of policy, there must be a renewability provision on page one which clearly describes the initial term of coverage, the conditions for renewal, and, in the case of a «guaranteed renewable» policy, the conditions which would allow the insurer to change the premium amount.

Renewable annual policies are best for short coverage periods because premiums typically start low compared to guaranteed level premiums, but get higher later on.

It's a renewable, temporary life insurance policy with an affordable premium that is guaranteed to remain the same for the time period you select (anywhere from 10 to 20 years).

(Sec. 128) Amends the Energy Policy Act of 2005 to include: (1) American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands within the definition of «state» for the purposes of the diesel emissions reduction program; and (2) the construction of pipelines for renewable fuels within the loan guarantee program.

Feed - In Tariffs (FITs) FITs are a popular policy tool designed to encourage the investment in renewable energy technologies (including, but not limited to, solar) by guaranteeing that the owner will be compensated at a set rate — often above the retail rate — for the energy produced.

In recent months, a state, a municipality and a public utility district have enacted policies that guarantee a premium price for electricity that's generated from renewable sources.

An insurance company can typically only cancel a guaranteed renewable insurance policy for non-payment of premium.

Please contact us if you'd like to discuss whether a non-cancellable or a guaranteed renewable disability insurance policy is right for you.

Principal Life Insurance Company's Individual Disability Income Insurance policy provides long term disability insurance coverage that is guaranteed renewable to age 65, and conditionally renewable for life.

If the policy is guaranteed renewable, you can extend coverage for an additional term without having to qualify again, though the annual premium will increase because you're older.

The insurance company adds up the number of term premiums that will be required on the policy in total, divides by the number of years for which a level premium is guaranteed, discounts for the time value of the money using the interest rates available at the time, and charges the resulting level premiums rather than the actual yearly renewable term rate.

Guaranteed level term life insurance keeps premiums the same for the entire policy term, but renewable annual term life insurance must be renewed periodically, each time raising the premiums.

It is also common for insurers to be able to increase premiums across an a complete class of people that are insured under the same or similar policies during the life span of the guaranteed renewable policy.

Guaranteed Renewable: An insurance policy that can not be canceled, except for a few rare instances.

A guaranteed renewable insurance policy is one where the insurer is obligated to renew the insurance coverage for as long as the insured party makes the payments against that policy.

An annual renewable term policy is a one - year policy that the insurer guarantees to renew each year for a set number of years.

The policy is guaranteed renewable for life.

If you go instead with just «guaranteed renewable,» you may pay less upfront, but over time the premiums could increase if the insurer gets state approval to raise rates for all policyholders of a specified type of policy.

Other areas to look for in comparing life insurance policies equally are: fixed premiums (premium stays the same throughout the policy), return of premium (your premium will be returned at the end of the policy if unused), guaranteed renewable policies (you will be able to renew the policy after it has expired), and the exclusions (benefits that are not included).

Unlike «guaranteed renewable», a «non-can» rider will set the premium in stone for the life of the policy.

Some insurers might offer a guaranteed renewable policy to customers who have been with them for a certain amount of time — for example, more than 20 years with Progressive.

Insurance companies may impose increase in guaranteed renewable policy rates for clustered group of people.

Also, if you want the security of knowing that your insurance will be renewed each year as long as you pay the premiums and of knowing that your premiums will be the same every year for as long as the policy is in force, get a level - premium, guaranteed renewable and non-cancellable term life insurance policy.

With critical illness insurance from United American Insurance, you have an opportunity to cover yourself against these illnesses with a guaranteed renewable policy, options for your family, secure policy when the premiums are paid, and flexibility if you move jobs half - way through the policy's life.

Four term - life policies are available from Northwestern Mutual, including Level Term 20 (level premium for 20 years); Level Term 10 (level term for 10 years; Term 80 (This is an annually renewable policy with rates that are not guaranteed from year to year.

International Swiss Medical guarantees you renewable coverage for the rest of your life regardless of your age and changes in your health, subject to changes in residency and / or nationality - please see policy terms.

Annual renewable term offers a guarantee of future insurability for a set period of years through your term life policy and premiums that are paid annually instead of monthly.

If you'd like to make sure you will be reinsured, you'll be happy to know that annual renewable term policies usually guarantee you'll be eligible for policy renewal year after year.

DEFINITION of «Annual Renewable Term (ART) insurance», a term life policy where the initial contract is for one year, that renews annually, and offers you guaranteed insurability for a set number of years, as well as a level death benefit.

The new age health plans now prescribe a guaranteed renewability, or in other words, a policy that is renewable for an entire lifetime.

Guaranteed renewable is defined as the ability to continue your policy under the terms of the contract for the full extent of the policy.

On the other hand, guaranteed renewable policies can go up in price for an entire class or category, but they can not single you out for a rate hike.

You need a permanent life insurance policy or a term policy that is guaranteed renewable so that your coverage can continue for as long as you wish.

BrightLife ® ART (Annual Renewable Term) offers guaranteed premiums for the first three policy years.

When applying for life or disability insurance, it is advisable to try to obtain a policy that is both noncancellable and guaranteed renewable.

Basically, guaranteed renewable term life insurance means if you find you have a need for life insurance that is longer than the original term you purchased, you are guaranteed the option to extend the term should you need to in the future, when your first term life policy expires.

For example, some LTD policies are guaranteed renewable to age 60.

With the advent of longer guaranteed level premium term policies customers quit using the yearly renewable term for anything but truly short term needs.

For instance, they might offer hints to help you save money and get the best term life insurance rate by searching for a guaranteed renewable term insurance poliFor instance, they might offer hints to help you save money and get the best term life insurance rate by searching for a guaranteed renewable term insurance polifor a guaranteed renewable term insurance policy.