Sentences with phrase «insurance has an expiration date»

Because term life insurance has an expiration date on them, they tend to be much cheaper than the other coverage options.
Term life insurance has an expiration date so there are things to consider as that date nears and you find yourself still needing life insurance coverage.
Term life insurance has an expiration date so there are things to consider as that date nears and you find yourself still needing life insur...
Term life insurance has an expiration date so there are things to consider as that date nears and you find yourself still needing life insurance coverage.
Because term life insurance has an expiration date on them, they tend to be much cheaper than the other coverage options.

Not exact matches

When you buy a term plan, it comes with an expiration date, and once that date has passed, you will no longer have insurance coverage.
Simply put, Buffett has sold long - dated insurance against the debt of specific companies (credit default obligations or CDSs, expiring between 2009 and 2013) and against declines in the world's major stock market indices (equity index put options, with the first expiration in 2019 and average maturity of 13.5 years).
Typically term life insurance policies will not be used as they have an expiration date.
That expiration date is one of the reasons term is the most affordable type of life insurance: You're more likely to die the older you get, so if an insurance company doesn't have to cover you while you're in your 70s and 80s — when you're more likely to pass away — it can offer cheaper policies.
Permanent life insurance policies, unlike term life insurance policies, do not have an expiration date.
Permanent insurance doesn't have an expiration date and lasts for as long as the policyholder pays the premiums.
Because term life insurance plans have an expiration date, they are going to be cheaper than forms of life insurance coverage.
Instead, it is a kind of permanent insurance that typically has no expiration date and no need for renewal.
A life insurance policy having no expiration date may be also referred to as a whole life insurance.
In contrast, permanent life insurance policies don't have a set expiration date.
Permanent insurance doesn't have an expiration date and lasts for as long as the policyholder pays the premiums.
A customer is defined as having a lapse in coverage if the time between the previous policy expiration date and the new policy effective date at Electric Insurance is one (1) or more days.
One of the reasons that burial life insurance is a simple and effective solution to protecting a family financially at the event of a person's death is that burial insurance does not have an expiration date.
As you may know by now, term life insurance has an «expiration date» in a sense.
A Proof of Insurance card listing the covered automobiles and drivers and showing the policy number and expiration date will be sent to you by your insurance company once you have fulfilled the necessary requInsurance card listing the covered automobiles and drivers and showing the policy number and expiration date will be sent to you by your insurance company once you have fulfilled the necessary requinsurance company once you have fulfilled the necessary requirements.
Permanent life insurance policies, unlike term life insurance policies, do not have an expiration date.
Typically term life insurance policies will not be used as they have an expiration date.
Term life insurance policies may be convertible but it doesn't change the fact that term life insurance does carry and expiration date, and either you will no longer have coverage, or your premium will shoot up.
Universal life is considered permanent life insurance, yet it actually has an expiration date that's usually set past most life expectancies.
If you have a term insurance policy and your conversion expiration date is approaching and you want to be insured for a longer period of time, you have two options: convert to a permanent policy or buy a new policy.
Because these policies have expiration dates on them, they are the most affordable option for life insurance.
These policies are bought with an expiration date attached to them, and after that date, you'll no longer have life insurance protection.
These plans are purchased with a pre-determined expiration date on them, and once that date has passed, you'll no longer have life insurance.
Term insurance is typically best for covering obligations that have an expiration date, like mortgages, college costs, or replacing your income during your working years.
Term life insurance is a product that has an expiration date.
Unlike term life insurance policies, these policies do not have an «expiration date», as long as you continue to make monthly payments, the policy is effective.
When you buy a term plan, it comes with an expiration date, and once that date has passed, you will no longer have insurance coverage.
But just like a decreasing term life insurance plan, the traditional term plan has an expiration date attached to the policy.
Plans that have an expiration date are often times the most affordable option for getting insurance protection.
Temporary life insurance is coverage that has an expiration date and is not guaranteed to last over an insured's entire life.
If a covered Injury or Illness requires continuing Treatment after the expiration of the Policy Period, an Insured Person may receive continuing Treatment for the covered Injury or Illness for up to 6 months per Injury or Illness, subject to the following: if the Policy Period expires while the Insured Person is outside the Home Country, a covered Injury or Illness incurred while outside and prior to returning to the Home Country, and that covered Injury or Illness requires continuing Treatment, the Company will review and determine the date of initial Treatment for the covered Injury or Illness, and if such date is prior to the expiration of the Policy Period, Eligible Medical Expenses for the covered Injury or Illness will continue to be reimbursed until there has been at least the minimum number of days of continuous Treatment for the covered Injury or Illness, subject to the limits set forth in the Schedule of Benefits / Limits, and all other Terms of the insurance plan.
No - lapse guarantee universal life insurance is similar to term life insurance in that the premiums and coverage amount are fixed; however, unlike term life insurance, no - lapse universal life has a cash value and you can set the expiration date all the way up until the age of 121.
Perhaps you are needing life insurance that doesn't have an expiration date.
Other types of life insurance policies you may want to consider include: whole life insurance, which covers you for your entire life; and endowment policies, which have a fixed expiration date.
If this is the case, you can keep up to date on the status of all the insurance plans and umbrella liability insurance plans because they will have the same beginning and expiration date.
This is good practice so that you have written record of the event in case you continue to be charged for insurance fees past the expiration date of your policy.
Because these plans have an expiration date, you will lose life insurance protection in the future.
Since I don't know when I'm going to die, I would prefer that my burial life insurance policy not have an expiration date!
When purchasing life insurance, it's very important to consider how long we need protection since none of us have a known expiration date.
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