Sentences with phrase «insured against death»

Purchase decreasing term insurance for whatever needs to be insured against your death: your family's financial security, the mortgage, whatever.

Whole life insurance protects the insured against death, whenever it may happen.

Personal accident policy seeks to cover the insured against death or disability arising due to an accident.

death and disability benefits — your from fund may insure you against death, illness or an accident which leaves you unable to return to work.

Term life insures against the death of the policyholder and pays a lump sum to the beneficiaries during a specified period of time, typically from 5 to 30 years.

Not exact matches

Fundamentally, an annuity is an insurance policy, except that instead of insuring against an early death as life insurance does, an annuity is insurance against living so long that you run through your savings.

Apart from insurance against death, you can actually insure yourself against terminal illness, critical illness, disability due to ill health, permanent disability, or requirement for long term care.

It is the type of insurance that protects your family, dependant or named beneficiary against the loss which might arise as a result of the death of the insured.

Insure named people in the business, aged 16 ‐ 75 years, against personal accidents, and add death benefit up to # 10,000, (weekly benefits up to # 100).

Fundamentally, your significant other abandoning you and faking their own death isn't a completely unreasonable thing to want to insure against if you can, since either way you've lost whatever it was they contributed to their dependants.

Just like with other types of permanent life insurance policies, cash can be withdrawn or borrowed from the policy, however, an unpaid balance will be charged against the death benefit should the insured die prior to the money being repaid.

If there are any loans against the life policy, then these amounts will reduce the face value of the death benefit when the insured passes away.

The investor is diversified against the risk of any single policy's financial impact, which in turn also means the investor has very little to gain from the death of any particular insured individual.

The proven Seattle wrongful death lawyers at Johnson, Graffe, Keay, Moniz & Wick, LLP have extensive experience defending the rights of individuals, insurance companies, self - insured corporations and medical professionals against wrongful death claims.

We represent individuals and professionals, municipalities and their agencies, business entities, trucking companies, insurers and their insureds from claims and lawsuits for catastrophic losses and personal injuries, civil rights, construction losses and contracts, employment related practices, property damage and wrongful death arising from the transportation function and commercial motor vehicle activity; the ownership, use and control of land (including environmentally related or toxic exposure claims); the design, manufacture, sale or use of industrial and consumer products; and liability claims against licensed professionals, including lawyers, engineers, accountants and architects, in the States of Pennsylvania and New Jersey.

The proven Phoenix wrongful death lawyers at Burch & Cracchiolo, P.A. have extensive experience defending the rights of individuals, insurance companies, self - insured corporations and medical professionals against wrongful death claims.

Nothing in this section is intended or shall be construed to apply to any accident insurance policy insuring against accidental death or death by accidental means or to those parts or provisions of any life insurance policy insuring specifically against accidental death or death by accidental means.

It is important to note, however, that even though a withdrawal or a loan is not required to be paid back, if there is an unpaid balance in the cash - value component of the policy at the time of the insured's death, then the amount of that balance will be charged against the death benefit that is paid out to the policy's beneficiary.

It is important to note, though, that any unrepaid loan or withdrawal will be charged against the death benefit if the insured dies before the funds have been repaid.

The loan accrues interest while the insured is living and is deducted against the remaining death benefit at the insured's death.

It insures against the unthinkable - a premature death.

(It is important to note, though, that any unpaid loan balance at the time of the insured's death will go against the amount of the death benefit that is paid out to the policy's beneficiary).

There is a trip cancellation benefit wherein the plan will compensate the insured person against any unforeseen delays, cancellations that may occur due to death, hospitalization or an act of God.

Family Transportation Benefit: Expenses against transportation of family member in case accidental death / permanent total disability of the insured.

This term plan helps to cover against risk from rising inflation costs that may affect the real value of the death benefits that the insured individual's family would receive.

Wider Cover: against death or permanent Total disablement, compensation is equivalent to the full Capital Sum Insured.

The personal accidental insurance policy provides complete protection to the insured person against all accidents that may lead to death or bodily injury.

Third Party Insurance: Under this plan, the insured individual is protected against the loss / damage that occur due to bodily injury or death to a third party or any damage to property because of the insured person's vehicle.

This cover protects the insured against any liability that may arise out of accidental injury, death and damage to the property when the insured» vehicle is at fault.

This product effectively insures a mortgage against death and other unforeseen events, allowing for the full repayment of the outstanding balance if the homeowner passes away.

It is therefore, essential to realize the value of your life and sign up for life insurance, which is a protection against financial loss resulting from insured's death.

Once approved, insureds are protected financially against accidental death, or a covered disability, 24 hours per day.

Travelers Insurance was originally formed to insure travelers against death or injury while traveling by railway or steamboat.

Accidental cover, on the other hand, insures you against financial risk that could occur due to accidental permanent disability or loss of income in case of a death of the earning member.

Simply put, life insurance provides protection against the economic loss caused by the death of the person insured.

It is important to note, though, that any unpaid balance at the insured's death will go against the amount of the death benefit that is paid out to the beneficiary.

Life insurance provides a very important function against the financial loss due to an unexpected premature death of an insured, whether it be a family member, business partner or key individual.

If the insured policy owner passes away while there is outstanding debt leveraged against the whole life policy, then the difference will be subtracted from any future death benefit payments.

It is important to note here, though, that any un-repaid balance in the cash value that remains at the time of the insured's death will be charged against the amount of the death benefit that is paid out to the policy's beneficiary.

Permanent life insurance offers an insurance component that pays a stated amount of proceeds upon the death of the insured, while at the same time providing a cash value or investment component that accumulates cash value that the policy holder may withdraw or borrow against.

Part 2: Primerica's argue against Whole Life because the Insured's beneficiaries do not receive BOTH the death benefit and the Cash Value... as if this is bad business practice.

Life Insurance provides protection against the economic loss caused by the death of the person insured.

I am still confused about (2) things: their claim of «renewable term policies without proving Insurability» and their argument against Whole Life that the Insured's beneficiaries do not receive BOTH the death benefit and the Cash Value.

Upon the death of the insured, the death benefit will be reduced by the value of the lien against the policy and any unpaid loan and loan interest.

It is important to note, though, that any amount of unpaid cash balance upon the death of the insured will be charged against the amount of the death benefit that is paid out to the policy's beneficiary.

However, it is important to note that any unpaid loan balance at the time of the insured's passing will be charged against some death benefit proceeds that are paid out to the beneficiary.

If you die in the first 2 years of the policy and the carrier has valid grounds to contest the policy's validity, the company may choose to forego paying the death benefit and make a claim against the insured for some type of fraud.

Also, with additional premium, you can insure yourself against critical illnesses, disability and even accidental death under this plan.

However, it is important to note that if there is an unpaid balance in the cash component at the time of the insured's passing, then the amount of this balance will be charged against the amount of the death benefit that is paid out to the named beneficiary.

Life Insurance is an agreement between insurer and insured where insurer will pay a lump sum amount to the beneficiaries upon the death of the insured against the premium paid.