Sentences with phrase «least first policy year»

Surrender value can be acquired after payment of all the due premiums for at least first policy year.

Not exact matches

From a global policy perspective, we think the Fed's recent hikes are the first stage in a cycle that will later this year see the European Central Bank (ECB) discuss a more normalized rate policy, and then lastly Japan's BoJ may at least expand its 10 - year Japanese government bond (JGB) yield target range.
A total of 16 pupils were affected by the school's policy of «grade exclusion» because they didn't achieve at least three B - grades in their first year tests.
There are usually limits to this; it can only be done after the first year of policy ownership, and there typically needs to be enough cash to fund the policy for at least 60 days.
That means if you have enough money in the cash value, you can use that to skip premium payments entirely, letting the accrued interest do the work — but keep in mind that this can typically only be done after the first year of the policy, and only if there's at least enough cash value in the policy to keep the policy inforce for another 60 days.
Whatever you think of the climate policies of President George W. Bush, at least he did this in his first year, forcing his cabinet — not lower functionaries — to sit through something like a dozen sessions of what amounted to «Climate 101.»
He donated at least # 15,000 to the Global Warming Policy Foundation in the first five years through his own charity, according to documents submitted to the Charity Commission [19]
First of all, these policies, regardless of the company you go with, always have at least a two year waiting period.
The only pre-condition for revival is that the policyholder should have paid the premium for at least the first three policy years.
The policy is convertible to the lesser of level premium period (LPP) or to the first policy anniversary on or after your 65th birthday, but at least 5 years.
There are usually limits to this; it can only be done after the first year of policy ownership, and there typically needs to be enough cash to fund the policy for at least 60 days.
No Lapse Guarantee1 The policy is guaranteed to remain in force during the first five policy years if the total premium paid (less withdrawals and indebtedness) is at least equal to the cumulative monthly no lapse premium required.
First, while a 12 - month policy has a larger premium to be paid; that premium will not change or fluctuate for the length of the policy, which is at least 1 year (which means no repeated paperwork as well).
However, if you just had your first child and want to make sure your child will have the funds to go to college, and recently purchased your first home, then you'll want to consider at least a 20 - year term policy.
In addition, such policies for the most part require a medical exam that provides the insurance company the assurance that the person is in good health and is expected to live at least for the first few years that the policy is in place.
«If someone tries to sell you a full - commission $ 1 million policy with (zero dollars) surrender value in the first year, tell them you want at least 50 percent in the surrender column,» Hunt suggests.
On average, insureds will tend to remain in good health for at least the first several years after life insurance policies have been issued.
The policy continues as a «Reduced Paid - up» policy and all the benefits shall be reduced proportionately, provided all the premiums have been paid for at least first three policy years.
The policy continues as a «Reduced Paid - up» policy and all the benefits shall be reduced proportionately, provided all the premiums have been paid for at least first two policy years.
In other words, for the policy to acquire a surrender value, you should have paid your premiums for at least the first three years.
Will contain a «graded death benefit» which means that for the first two to three years your policy isn't going to provide coverage for «natural» causes of death, but hey, at least it will provide full coverage once the graded death benefit expires.
First, make sure you plan to have the policy long term since you will need to have the policy in force at least 15 years to be eligible for any return of the policy.
For 5/7 Pay, Surrender Value is acquired on payment of first full policy years» premium and for 10/12 pay, Surrender Value is acquired on payment of at least first 2 policy years» premium.
The policy can be surrendered any time during the term of the policy, provided at least the first full year's premium has been paid.
The surrender value can be acquired on payment of all due premiums for at least first three policy years.
The surrender value can be acquired on payment of at least first 3 policy years» premium.
In case of payment of all the premiums for at least first three policy years and then premiums are not paid, the risk cover for full Death Benefit is still available for a period of one successive year (Auto Cover Continuation Period) from the due date of first unpaid Premium.
The surrender value can be acquired on payment of at least first full policy year's premium.
The Death Benefit shall be at least 105 % of the single premium paid, except in case of suicide during the first policy year.
The surrender value can be acquired after paying all the due premiums of at least first full policy year.
Surrender Value can be acquired after payment of at least first two full policy years.
Surrender Value can be acquired on payment of all premiums for at least first two consecutive policy years.
For regular pay policies, you will get the surrender value, provided you have paid the premiums for at least the first 3 years from commencement of the policy.
If you have paid all premiums for at least first three consecutive full years, then only the policy will acquire a surrender value.
For 10/12 pay, Surrender Value can be acquired on payment of at least first 2 full policy years» premium.
If you have paid at least 2 annual premiums, policy life cover will continue for next 2 years from the date of first unpaid premium.
Though the dividends won't do a whole lot to offset the much higher premiums that come with the whole life policy, at least not during the first few years that the policy is in force, they can provide certain benefits and options once you are a few years into the policy.
If you have paid at least 3 or more annual premiums, policy life cover will continue for next 3 years from the date of first unpaid premium.
• Reviewed point of sale transactions and brought the same in compliance with the store's policy during first month of work • Managed cashier shifts intelligently to ensure presence of at least two cashiers on the tills at all times, leading to considerable decrease in customer's complaints regarding lack of staff on counters • Implemented effective loss prevention techniques which saved $ 50000 per year
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