Sentences with phrase «insured person aged»

For an insured person aged 17 years or below, the maximum sum payable is 10 % of the principal sum insured.

For an insured person aged below 17 years or below, up to 10 % of the principal sum insured is payable.

Similarly, 20 % co-pay applies to any insured person aged 56 yrs and above, being covered for the first time in the Family Floater Health Guard Policy.

Their Legacy Whole Life insures people ages 50 — 80 and is guaranteed approval with a fixed premium.

Most insurance companies will not insure people aged 80 and over without self - benefitting conditions, caveats or extra cost passed on to the policy owner.

The cost of premiums rise as the insured person ages.

Most term policies require level premium payments for the duration of the policy, though there are some policies which charge increasing premiums which rise as the insured person ages.

The cost per $ 1,000 of benefit increases as the insured person ages, and it obviously gets very high when the insured lives to 80 and beyond.

As the insured person ages, the cost of the insurance will rise, with adjustments to insurance cost happening no more frequently than once a year.

The cost rises, per dollar at risk to the insurance company, each year of the policy as the insured person ages.

Their Legacy Whole Life insures people ages 50 — 80 and is guaranteed approval with a fixed premium.

The cost of the life insurance coverage associated with a universal life insurance policy changes, rising as the insured person ages.

Not exact matches

For those people meeting the 62 - year - old age requirement who have substantial equity in their homes, this can be a means to expand monthly cash flow or eliminate mortgage payments by paying off an existing mortgage through a federally - insured loan.

However, no matter the age or interest rate, a person can not borrow more than $ 636,150 with a federally - insured reverse mortgage.

I am a very low risk tolerance person... 18 years to retirement... I am NOT looking for stock market like gains because I can't stomach losing funds — I'll settle on the slow buy steady grow and a guaranteed payout at age 68 (and I know not to put more than 100k with a company because that is what my state insures each acct for in the case my AM Best «A» rated company goes under.

Direct carriers usually have lower age maximums than broker - sold plans, but many direct policies won't insure people over 65.

It can be thought of as the cost to insure a person for a specific amount given his mortality factors (age, sex, health, etc..)

When the insured person dies, no matter at what age, the policy is paid to their designated beneficiaries.

-LSB-...] Insured means you and resident of your household who are your relatives or other persons under the age of 21 and in the care of any person named above.»

There are fees and charges for variable life insurance, including a cost of insurance based on characteristics of the insured person such as gender, health and age.

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).

Provides coverage for eligible emergency medical expenses incurred while traveling outside your Canadian province or territory of residence, for the first 15 consecutive days of each trip, up to a maximum of $ 5,000,000 per insured person, for all insured persons under the age of 65.

According to the Commonwealth Fund's 2012 Bienniel Health Insurance Survey, 79 % of young adults ages 19 to 25 were insured last year, up 7 % or 3.4 million people since 2010.

(b) is not required to pay a non-earner benefit for any period before the insured person attains 16 years of age.

(1.3) Subsection (1.4) applies if an insured person is under the age of 16 years at the time of the accident and none of the Glasgow Coma Scale, the Glasgow Outcome Scale or the American Medical Association's Guides to the Evaluation of Permanent Impairment, 4th edition, 1993, referred to in clause (1.2)(e), (f) or (g) can be applied by reason of the age of the insured person.

(b) after the insured person attains 25 years of age, in the case of an insured person who was less than 15 years of age at the time of the accident.

(a) more than 10 years after the accident, in the case of an insured person who was 15 years of age or more at the time of the accident; or

(a) more than 260 weeks after the accident, in the case of an insured person who was at least 18 years of age at the time of the accident; or

v. Nine months or more after the accident, the insured person's level of function remains seriously impaired such that the insured person is not age - appropriately independent and requires in - person supervision or assistance for physical, cognitive or behavioural impairments for the majority of the insured person's waking day.

«person in need of care» means, in respect of an insured person, another person who is under 16 years of age or who requires care because of physical or mental incapacity; («personne ayant besoin de soins»)

(4) Subsection (5) applies to an insured person who was under the age of 18 at the time of the accident and whose impairment is not a catastrophic impairment within the meaning of subsection (1).

If the insured person was 18 years of age or older at the time of the accident, a traumatic brain injury that meets the following criteria:

45.1 If an insured person who is under 18 years of age at the time of the accident sustains a traumatic brain injury that meets the criteria in subparagraph 5 i or 5 ii of subsection 3.1 (1) and that was caused by an accident that occurs on or after June 1, 2016, the person may submit an application under subsection 45 (1) and subsections 45 (2) to (5) do not apply, and the impairment is deemed to be a catastrophic impairment for the purposes of subsection 45 (6).

Note: If an insured person is under the age of 16 years at the time of the accident and none of the Glasgow Coma Scale, the Glasgow Outcome Scale or the American Medical Association's Guides to the Evaluation of Permanent Impairment, 4th edition, 1993, referred to in sections (6), (7) and (8) of the above criteria, can be applied by reason of the age of the insured person, then an impairment sustained in an accident by the insured person that can reasonably be believed to be a catastrophic impairment shall be deemed to be the impairment that is most analogous to the impairment referred to in sections (6), (7) and (8) of the above criteria, after taking into consideration the developmental implications of the impairment.

Return of Minor Child (ren): Should the Insured Person be traveling alone with a Minor Child (ren) and is hospitalized because of a covered Illness or Injury and the Minor Child (ren), under age 19, is left unattended, the Company will arrange and pay, up to the maximum stated in the Schedule of Benefits, for one way economy fares to their Home Country.

Premiums are paid for the «whole life» of the insured person, continuing until he or she dies or reaches a specified maximum age.

You'll find many companies are very generous in this regard, insuring people to age 80 or older.

I'm not sure where this misconception comes from in the U.S., but insuring people over age 50 is quite simple.

There are a lot of people out there diagnosed with conditions, which if insured at a young age, can be covered.

The initial premium normally depends on the insured person's general state of health in the event of the policy issue, his / her age, tobacco usage and it normally remains the same for the length of the term.

As long as the premiums are paid, a guaranteed death benefit is paid after the death of the second insured person, even up to age 120.

Also, if one person is significantly older than the other, you will be paying a premium that is an average of the ages of the insured individuals.

This convertible term insurance can be made of use when the person insured is still at a young age where the insurance could still cater for small expense and premature death but as time comes everyone gets older, this convertible term insurance might not be enough to cater the long term needs of the insured so it is of best interest that the policy holder should convert their policy to a more permanent type of insurance such as Universal Life.

This life benefit is for the primary life insured only with maximum 50 years of age for the eligible person as per medical underwriting.

A co-payment of 20 % for every claim is applicablefor fresh as well as renewed policies for insured persons (age above 60 years at the time of entry).

Medical examination may be required in some cases, based on the sum insured and the age of the person.

There are certain factors that are considered by the insurers like insured person's age, heath, geographic location, lifestyle, etc. while determining the premium cost of the policy.

They calculate the expected number of claims resulting from automobile accidents, which varies with the insured person's age, sex, driving history, type of car, and other factors.

a) under 22 years of age, unmarried, and receives full support and maintenance from the insured person;

Premium to be charged is depend upon the age band of the insured person, duration of the journey and the country where he needs to visit.