Sentences with phrase «insurance at specified times»

In addition, this rider will only allow you to purchase additional life insurance at specified times or for certain life events - called option dates.

Not exact matches

Each time you make a permanent life insurance premium payment, a portion of the money goes into a cash value account, and this account grows at a rate specified by the policy.

A contingent beneficiary is specified by an insurance contract holder or retirement account owner as receiving proceeds if the primary beneficiary is deceased, unable to be located or refuses the inheritance at the time the proceeds are to be paid.

Request free universal life insurance quotes online and get an instant estimate of monthly premium costs, and projected cash values at specified points in time.

Each time you make a permanent life insurance premium payment, a portion of the money goes into a cash value account, and this account grows at a rate specified by the policy.

At the time of your death, the insurance proceeds are payable to a trustee who handles them for your family in the manner specified in the trust document.

Convertible term life insurance is simply a term policy that can be converted to a whole policy at any point during a specified period of time (typically several years) without you having to undergo a new health assessment.

The interest rate will be specified upfront and will vary based on the amount you're investing, your investment horizon, the credit rating of the insurance company, and market conditions at the time of purchase.

A contract with a life insurance company that provides a guaranteed stream of income payments for a fixed period of time or life (or both) beginning at a specified date years in the future.

PAYMENT & CANCELLATION: Deposit: A non-refundable deposit is due at the time of reservation * All reservations (except where specified): $ 300 per person Reservations with Antarctica, Cuba, Ecuador, Passion Play 2020, Uganda: $ 500 per person * Travel Protection (Insurance) premiums are not covered by the initial deposit.

Under the Family Law Act or the Divorce Act, a court can order a support payor to designate the support recipient as the irrevocable beneficiary of a life insurance policy to ensure funds exist at the time of the payor's death to satisfy his (or her) support obligations specified in the support order.

Interestingly, the 2010 Act did not specify that the balance of the Employment Insurance Account (over $ 57 billion at that time) was to be transferred to the new Employment Insurance Operating Account.

And, some policies contain guaranteed purchase options, which allow you to buy additional life insurance coverage at specified times, regardless of your health.

The term may also be to a specified age such as 80, or at times it may go as far as the oldest age shown in the insurance mortality tables.

The Certificate only confirms that the provider carried the insurance specified at the time the certificate was prepared.

With decreasing term insurance, you purchase a specified amount of life insurance at guaranteed level rate and the insurance coverage reduces over time.

Legal Version: A pre-existing condition is defined as any injury, illness, sickness, disease, or other physical, medical, mental or nervous condition, disorder or ailment that existed at the time of application or during the past duration (specified by each insurance plan) prior to the effective date of the insurance, including any subsequent, chronic or recurring complications -LSB-...]

Permanent life insurance offers more security, but can be very expensive, whereas term life, which is very affordable as compared to permanent, is only for a specified time, with the coverage ending at the end of the term.

Depending on your state, if your insurance company chooses to nonrenew your policy at the end of the policy term, it must notify you and provide an explanation within a specified time period.

Term life insurance provides coverage at a fixed rate for a specified period of time.

Like your traditional term life insurance, they are available to offer a specified, level death benefit and level premium for a given amount of time, chosen at the time of application.

In exchange for payments, a life insurance company promises to pay you a specified some at the time of your death.

If the annuity contract owner passes away prior to the time that the insurance company has begun making income payments to the annuitant, then a named beneficiary will be guaranteed to receive at least a specified amount of money, which is generally the amount of the purchase payments, or the total amount of the premiums that were deposited.

For example, various violations like speeding or at - fault accidents are only legally allowed to be factored into your insurance rates for certain specified time periods.

A life insurance policy that provides life cover at a fixed rate of premium for a specified time period.

Term Life Insurance: Provides high insurance coverage at a low cost for a specified lengthInsurance: Provides high insurance coverage at a low cost for a specified lengthinsurance coverage at a low cost for a specified length of time.

A specified length of time following a premium due date at which an insurance renewal premium may be paid without penalty.

At the end this specified period of time, or term, the life insurance expires.

At the end of the specified time period, or term, the life insurance expires.