Sentences with phrase «keep the policy beyond»

Then you get a letter from the insurance company that says that you can keep the policy beyond the 20 years or the 30 years depending upon the policy that you bought, but you're going to have to pay a much higher premium to keep it.

As a result, it will be very expensive to keep the policy beyond the initial term period.

Not exact matches

Beyond keeping tabs on your board composition, issuers should draft a policy on diversity (regarding women but also cultural background, sexuality and disability), tenure and overboarding.

The speech concludes by reiterating the importance of keeping a strong focus on durably lifting growth prospects and noting that policies beyond central bank actions need to do more in this regard.

This increases the chances that the ECB will keep buying government bonds on a huge scale beyond December 2017 and it increases the likelihood that the ECB will keep its policy rate at their current well beyond 2018.»

In order to tackle bringing innovation into the legacy sectors, Bonvillian said multiple approaches have to be engaged simultaneously, including improvements to and spending on research and development, policy changes to eliminate pricing advantages and rules that keep the legacy sector afloat at the cost of lost innovation and reimagined governmental innovation programs that carry ideas beyond the research and development stage toward commercialization.

We look forward to continuing to work with you in 2015 and beyond, and to keep you informed of activities and policies that support a Broader, Bolder Approach to Education.

Beyond age 60, the cost of insurance rises extremely fast and your policy's investment function may not be able to keep up with the cost of insurance in your advanced age.

So, if we consider a policy with a 10 - year benefit length, then you can keep that policy until age 65 (and possibly beyond), however, a claim can only be made for a maximum of 10 years.

With all of this being said, there are certain things you have to do beyond just making sure you keep up with paying your policy premium to ensure that your possessions are protected.

A traditional whole life insurance policy purchased at 40, keeps the death benefit in force beyond age 70, as long as premiums are paid (dashed - blue, then solid - blue line).

Also, keep in mind that you can buy term policies which are renewable or convertible which means that even if you require the term policy beyond what you projected — you are essentially covered and won't have to undergo another medical exam if you need to renew your policy.

Premiums are always fixed guaranteed not to change and it also guarantees to keep the policy in force to the max age selected (until age 105 is generally sufficient, unless you have a history of longevity beyond that in your family).