There is no more
insurance after the time period expires.
Not exact matches
If you're getting
insurance in order to make sure your family can cover key expenses that won't be applicable
after a certain
period of
time, like your child's college or your mortgage, a term policy is likely a better fit.
After entering into a contract with an
insurance company, an investor can receive regular payments for a fixed
period of
time or for life.
While everyone would receive a number initially, the»em ergency brake» would involve the national
insurance number being removed
after a
period of
time.
In a bid to increase accuracy, medical debts won't be reported until
after a 180 - day waiting
period to allow
time for
insurance payments to be applied.
Effective for mortgages endorsed for
insurance on or
after December 8, 2004 UFMIP refunds has been eliminated except when a borrower refinances to another mortgage to be insured by FHA within a 3 year
time period.
If you're getting
insurance in order to make sure your family can cover key expenses that won't be applicable
after a certain
period of
time, like your child's college or your mortgage, a term policy is likely a better fit.
It is an
insurance policy between the insured and insurer, that provides income replacement, i.e. cash money, to the insured if the insured is too injured or sick to return to work
after a certain
period of
time set forth in the policy.
If you withdraw money from an annuity contract or surrender the contract within a certain
period of
time after investing, the
insurance company may assess a contingent deferred sales charge (CDSC).
If your car is stolen or totaled within a set
period of
time after purchase, usually no more than two years, this
insurance pays the difference between what you owe on your car loan and its value.
Return of premium on all your premiums paid into the policy
after a specific
period of
time that you can opt for if you decide you no longer want the hybrid LIFE+LTC
insurance policy.
Incontestability Clause: A life
insurance policy provision that states
after the policy has been in force for a specified
period of
time, the company can not deny a claim based on a material misrepresentation made in the application.
This type of policy, which covers someone for their entire life provided the premiums are paid, differs from term
insurance, which covers someone for a defined
period of
time (
after that set
time term
insurance policies usually have provisions for continuing coverage, albeit at higher premiums).
A term life
insurance policy lasts for a set
period of
time,
after which it expires and you have to apply for a new policy or go uninsured.
Some employers will help fund continuing studies — usually so long as the worker remains with the company for a set
period of
time after graduation — and may continue to provide various health and life
insurance benefits.
Tangible benefits include employee discounts, medical
insurance (
after a specified waiting
period) for full -
time employees, a retirement plan (waiting
period applies), competitive salaries, and flexibility in scheduling.
To protect against cancellation caused by certain unforeseen events, such as illness, we recommend that guests purchase trip cancellation
insurance to assure refund of deposits paid, and we will allow the deposit to be used at another
time period after.
If an individual waits a significant
period of
time before seeing a doctor, an
insurance company could potentially use this information as a reason to claim that one's injuries did not occur because of the accident, and that they must have happened
after the fact for some other reason.
Appointment and Collateral Warranty contacts, if signed as deeds can extend the
time that Run off
insurance needs to be held
after the closure of the practice, many of these contract stipulate in contract what the professional's obligations with regard to coverage and
periods.
Another important law is the Consolidated Omnibus Budget Reconciliation Act (COBRA), an amendment to ERISA that gives employees the right to buy health
insurance at their employer's rate for a
period of
time after being laid off or otherwise not working.
Some
insurance companies will not honor claims
after an extended
period of
time.
This method would require the manufacturer's previous insurers to continue to provide coverage for bodily injury occurring well
after their policy
periods, starting from the
time the insured could no longer voluntarily insure itself because of the
insurance industry's market - wide adoption of an asbestos exclusion (i.e. 1986).
After the «term»
period ends, some term life
insurance policies do have a
period of
time in which they are renewable.
The Virginia Department of Motor Vehicles (DMV) says
after certain convictions you can be required to obtain a Financial Responsibility Certificate (FR - 44) issued through your car
insurance company and maintain it for a
period of three (3) years from the date your revocation
time ended.
After accumulating multiple losses, especially over a short
period of
time, your claims history may begin to affect your
insurance premiums.
Term life
insurance is a great option if you need coverage for a specific
period of
time — which can be anywhere from one to twenty years or more, with the opportunity to renew
after each term.
A graded death benefit is a clause written into guaranteed issue life
insurance policy which states that prior to your policy covering «Natural» causes of death, you must first remain ALIVE for a certain
period of
time (typically 2 - 3 years depending on the carrier)
after your guaranteed issue life
insurance policy goes into force.
Just keep in mind that the main concept of Term
insurance is the policies terminate
after designated
time period.
Unlike whole life
insurance policies, which are designed to remain in effect for a policyholder's entire life, term life
insurance policies expire
after a pre-determined
time period.
When you take out a term life
insurance policy, it is effective for a given
period of
time, such as 20 years, and must be renewed or forfeited
after that
time, called term, has expired.
He could, in this instance, take a term
insurance policy that extends over a
period of 25 years,
after which he expects his child to be self - dependent, thereby allowing him to rest easy for the said
period of
time.
In some instances, the disability
insurance carrier will allow for a reconsideration of the exclusion
after a
period of
time.
A term
insurance policy is only going to be effective for a certain
period of
time, and
after that point, they are no longer going to be active, which means that you won't have
insurance protection.
After that
period of
time, your
insurance needs should be over and you will likely not need
insurance with the extra money saved.
Waiver of Premium is an additional provision (sometimes also called a rider) in most Life
Insurance policies which allows to stop paying premiums
after the insured person has been disabled for a given
period of
time (usually six months) due to an illness or an injury.
For example, your
insurance company may extend your current policy for a specific
time period,
after which you would need to purchase additional coverage.
Reinstatement Provision Most life
insurance policies will grant the policy owner the right for a limited
period of
time to reinstate a policy
after it has lapsed.
From what their call center confirmed, ALL their plans are refundable within a
period after you buy the
insurance so you get some
time to see if the coverage is for you.
You can cancel your funeral
insurance policy at any
time after the cooling off
period by contacting your insurer.
In such instances, a few
insurance providers provide a lock - in
period, where the policyholder can return the policy to the
insurance company for no charge or penalty
after a short span of
time.
Waiting
period: A certain
period of
time that passes
after a life - changing event before a policyholder can receive
insurance benefits.
The waiting
period (also known as the elimination
period) is the
time after you become disabled until a long - term disability
insurance policy begins to pay.
It's intended to expire
after a certain
time period, so if you can clear up any debts that may pass to loved ones by the
time you're a senior it's the most affordable way to get the most life
insurance coverage compared to other options.
Usually, a travel
insurance policy provides medical coverage for up to 180 days
after travelers have returned home, and policyholders can get financial recovery for medical expenses that are incurred for the treatment of post-surgery infections within this
period of
time.
The big difference that most people know is that term life
insurance ends
after a specific
period of
time, while whole life
insurance lasts for your entire life.
The life
insurance contestability
period is a two - year
time frame
after your policy goes into effect during which the life
insurance company may investigate your application if you die.
Waiver of Premium With some types of life
insurance policies,
after a
period of
time you will be able to stop making life
insurance premiums once the value builds up.
This comes as a surprise for many people when trying to obtain
insurance after they haven't had coverage for a
period of
time.
If your car is not in use
after a
period of 28 days and you suspend the
insurance by returning your certificate and disc to your insurer, you will receive a pro-rata refund of your premium paid at the last renewal date for the
period of suspension (subject to possible administration fees) based on the
time your car is out of use.
A majority of policies waive the exclusion for pre-existing conditions, provided you insure to the full value of your prepayments and buy the
insurance within a specified
period of
time after you make your first payment or deposit, typically one to two weeks though sometimes longer on a few policies.