Sentences with phrase «individual dies during the term»

If the insured individual dies during the term of the policy, the death benefit will be paid to the policy's beneficiaries.

Not exact matches

Term life insurance provides protection for a specified amount of time (or term) and pays benefits only if the individual dies during that perTerm life insurance provides protection for a specified amount of time (or term) and pays benefits only if the individual dies during that perterm) and pays benefits only if the individual dies during that period.