Sentences with phrase «keep a policy in force so»

There are many good ways to keep your policy in force so that you don't even have to worry about trying to backdate renters insurance.

These give the policy flexibility in the later year if you want to stop making premium payments, but keep the policy in force so it will still pay out the death benefit to your beneficiaries.

There are many good ways to keep your policy in force so that you don't even have to worry about trying to backdate renters insurance.

Not exact matches

The status of the policy is tracked, as well, so it's important that you keep it in force.

You are protecting your loved ones by keeping your policy in force and not letting your policy lapse like so many others who do.

Guaranteed universal life provides certain «guarantees» that help keep your policy in force, so long as you meet the minimum premium requirements.

This type of policy also has cash value growth, so interest grows in your account which could keep the policy in force even if you stop paying some premiums.

So, if you keep your policy for the term period which you are free to choose for yourself (usually 15, 20 or 30 years), if you are alive at the end of your coverage term you can receive the entire premium cost that you paid throughout the whole term to keep your policy in force.

Regardless if your health changes after you've accepted and placed your policy in force, your rates will never change during the guarantee period, so long as you keep your premiums current and paid.

It's what keeps your insurance policy active (or «in force») so the insurer will pay out if, in the case of life insurance, you die.

So the performance of your sub-accounts is vital to keeping your policy in force.

We're diligent about choosing a policy that seems to best meet our family's needs and then we reliably make those required premium payments on time so we can keep the policy in - force as the years go by.

The premium payment made by the APL will come from your policy's cash value account, and will continue to do so for as long as there is sufficient cash value to keep it in force.

The duration can be as little as a year or as many as 40, but whichever you choose, it's the time period in which the issuer can not change your premiums so long as you maintain your premiums and keep your policy in force (current).

Make sure you know what you can afford before purchasing a policy, so that you can continue to keep your coverage «In Force», paying the premiums, and protecting your loved ones.

That said, the monthly premiums in your 80's are much higher than at any other age group, so it's important to decide if you will be able to maintain payment and keep your policy in - force.

Sometimes these policies become difficult to keep in force until death because the cost of insurance is so high.

If so, will your policy remain the same or will you have to go through underwriting and a medical exam in order to keep your life insurance policy in - force?

We know that you will keep your policy in force, but not everyone is quite so conscientious.

So, while illustrated and guaranteed to age 121, I have been assured by more than one company president that it would be their intent to keep a policy in force until death, even if that comes as it will with Ms Dosova, after 130.

So, the pig would bail them out and take over ownership of the policy and keep it in force until the insured's death, netting a 100 % profit when they received the full death benefit.

That said, if at some point in your life you may feel a need to lower your premiums, you can do so by adjusting your premiums based on your cash value but keep in mind that these adjustments can only be done after the first year of the policy and only if you have enough cash value that can keep your policy in force for another two months.