Sentences with phrase «insurance policies promise»

And here's the bottom line: all life insurance policies promise to pay an agreed - upon sum of money should you die while your policy is in - force (that is, while you're paying your premiums on time and while you're still operating within the terms of your contract).

Basically an effective life insurance policy promises that in the case of demise or any other unwanted eventuality in your life, it will not be able to hamper the life of your family members.

Stated more specifically, a term life insurance policy promises to pay a death benefit to a beneficiary only if the insured dies during a specified term.

A term life insurance policy promises to pay a death benefit to a beneficiary only if the insured dies during a specified term.

Not exact matches

He's endorsed policies like direct drug price negotiation in Medicare (usually a Democratic wish list item that's despised by drug makers) while simultaneously promising to slash other regulations on the biopharma industry; he famously promised «insurance for everybody» yet ostensibly supports benefit cuts and a rollback of the Medicaid expansion, which has covered millions of the poorest Americans.

The pledge card, which mirrors New Labour's initiative in 1997, will promise free party membership for trade unionists, the building of 1m new homes over the course of a parliament, an increase in the minimum wage funded by a cut in employers» national insurance, a cost - of - living test for every policy item and a cabinet minister to «take action for the consumer against rip - off companies».

EGG freezing looks increasingly promising as an insurance policy for women who need or want to delay having children, according to the first systematic monitoring of success rates for IVF using eggs that were frozen then thawed out.

Will you beneficiaries have the safety net of cash promised by the term life insurance policy you just purchased?

A Life Insurance with Single - premium benefits is a type in which the premium is paid in lump sum to the policy to which in return death benefits are promised to be paid until the policyholder die.

For those who are self - employed or own a small business, endowment insurance offers a small retirement plan, promising them a set payout to use during retirement when the policy matures.

The policyowner pays premiums to keep the policy inforce and, in exchange, the life insurance carrier promises to pay the benefit.

Seg funds are simply a special kind of mutual fund with three extra features thrown in (for a fee, of course): (1) A certain amount of creditor protection, as they are considered as insurance policies (2) Downside protection in the form of a promise to return 75 % to 100 % of capital in a certain number of years, usually ten and (3) a death benefit that allows the beneficiary to redeem the fund at the purchase price in the event of death within the 10 year period.

If a permanent life insurance policy doesn't make sense for your personal financial situation, don't be tempted by promises of growth in the future or the ability to borrow against the value — often, other types of investments are smarter in the long run.

Many people choose lower cost term life insurance, promising themselves they will save and invest the money they would otherwise have spent buying a whole life or universal life insurance policy.

Life insurance policy is a contract between the insurers or insurance provider wherein a lump sum amount is promised as a death benefit to the beneficiary in the event of the policyholder

Life insurance policy is a contract between the insurers or insurance provider wherein a lump sum amount is promised as a death benefit to the beneficiary in the event of the policyholder's death, provided the policy was active and the premiums were paid till the insured's death.

A life insurance policy affords peace of mind and a financial promise when the policyholder dies.

Almost all auto insurance policies make these two promises to their insureds:

When insurance companies fail to provide the coverage promised by an insurance policy, or hinder compensation by delaying or refusing your claim, your insurance company is most likely acting in «bad faith.»

Promise Whole Life is a favorite for life insurance on children as you can buy a policy at any age and add riders that secure your future insurability.

You will find that Mutual of Omaha's Living Promise whole life policy has some of the lowest rates for burial insurance in this age band.

A Living Promise Whole Life Insurance policy from United of Omaha Life Insurance Company (United of Omaha) pays benefits directly to the person you choose.

This policy is called the Living Promise Whole Life Insurance plan, and it is designed to assist in paying for an insured's final expenses, as well as other costs that may be incurred near the end of the individual's life that could incur financial hardship for the insured's family and / or survivors.

Our promise to you is that we will be there every step of the way if you should ever have to collect on your loved one's life insurance policy.

Their final expense life insurance solution is known as «Living Promise» and offers 2 Whole Life insurance policies:

Having a life insurance policy in place can also help you to make good on your promises.

A policy under which the insurance company promises to pay a death benefit upon the death of the person insured.

Insurance Business America: Channel Integration could be the future of personal lines October 18, 2016 Developments in the online comparison and insurtech spaces promise to upend the status quo and redefine how insurance policies Insurance Business America: Channel Integration could be the future of personal lines October 18, 2016 Developments in the online comparison and insurtech spaces promise to upend the status quo and redefine how insurance policies insurance policies are sold.

Before you purchase life insurance coverage, it is important to be sure that you're not only going with the policy that is best for you, but also with an insurance company that will be there to pay out their promised claim.

The policyowner pays premiums to keep the policy inforce and, in exchange, the life insurance carrier promises to pay the benefit.

This is our promise that the travel insurance policies we sell are from reputable providers that are backed by financially - stable underwriters.

But usage - based insurance offers promise as a solution that doesn't depend on changing entrenched government policy to get people to drive less.

Underwritten by one of the most well - respected life insurance companies in the world, Mutual of Omaha's «Living Promise» (that's what they call this product) final expense policy might very well be the best on the market.

Cash value life insurance basically promises an investment return on part of your premiums (in a cash value that builds up on your policy) and a traditional death benefit.

The policy owner is responsible to pay the premiums, and in exchange, the insurance company promises to pay the death benefit to the named beneficiaries.

Protective vs. Other Top Life Insurance Companies Your life insurance policy is a promise to those you love that you'll continue to protect them financially, even after youInsurance Companies Your life insurance policy is a promise to those you love that you'll continue to protect them financially, even after youinsurance policy is a promise to those you love that you'll continue to protect them financially, even after you're gone.

In many ways a life insurance policy is also a promise of love.

Providing those who depend on you the most with financial security, your life insurance policy is a promise to those you love that you'll continue to protect them financially, even after you're gone.

State Farm began offering life insurance in 1929, and we've always had the financial resources to deliver on our policy promises.

Got the tata aia term insurance policy in low budget and coverage is high as promised.

With all these reasons, pay per mile car insurance can only promise good things, not just for policy holders and the insurance companies who write them, but for society as well.

In exchange for a fixed monthly or annual payment, that policy is a promise from the insurance carrier that they will pay your beneficiaries a set amount if you pass away before the end of the term.

This is because the proceeds from a life insurance policy can be used for a variety of needs by one's loved ones and survivors, such as the payoff of debt, the continuation of income, and / or the keeping of promises, such as paying for a..

With hybrid policies, the consumer has the guarantee of long - term care benefits or, if no care is needed, the promise of insurance benefits to themselves and their beneficiaries.

Life insurance promises financial protection to the individual taking the policy, called the «policyholder», and his / her family and dependants after they are gone.

You pay a premium, and in exchange, the insurance company promises to pay for specific car - related financial losses during the term of the policy.

This is because the proceeds from a life insurance policy can be used for a variety of needs by one's loved ones and survivors, such as the payoff of debt, the continuation of income, and / or the keeping of promises, such as paying for a child's wedding or down payment on a home.

While a cheap car insurance quote may promise you the lowest rate for your situation, make sure you understand what the insurance policy covers.

«While not everyone who shows interest in life insurance ultimately buys it, increased awareness of the importance and benefits of a life insurance policy is a promising development.»

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