Sentences with phrase «level during the term of the policy»

In many cases, the premium will remain level during the term of the policy.

Not exact matches

«Even during the Great Depression of the 1930s, policy rates and longer - term rates in the most affected countries (like the U.S.) were never reduced to such low levels,» wrote William White, chairman of the Economic Development and Review Committee at the OECD in Paris, in a recent paper.

Schneider's approach to climate policy, comes up during a discussion of the enduring uncertainty surrounding the most consequential aspects of global warming, particularly the near - term rate at which sea levels will rise as ice sheets melt and seawater warms.

• Policy Conversion: This feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the guaranteed level premium, up to aPolicy Conversion: This feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the guaranteed level premium, up to apolicy to a Universal policy at anytime during the period of the guaranteed level premium, up to apolicy at anytime during the period of the guaranteed level premium, up to age 70.

Fixed monthly rates that will never change during the level term period of your no exam life insurance policy.

These term plans are called level term plans in industry parlance as the nominees receive the same level of death benefit if the worst comes to pass during the tenure of the term policy.

With level term, the death benefit remains the same for the entire term of the policy - no matter when you die during the policy's term.

Often considered a temporary policy, term life insurance is only meant to cover you for a specific «term» or period of time during which the premiums may remain level.

Your premium remains the same during the life of a level term policy.

It is a level term policy which means your premiums are guaranteed to stay locked in during the entire length of the term.

The term life insurance policies that are offered through Globe have benefit levels that can not be reduced during the lifetime of the policy.

Premiums typically stay level throughout the term, which means the price of your life insurance policy does not increase during the term period.

Generally, during the length of time that a term life insurance policy is in force, the premium will remain level, as will the coverage.

Typically, these policies will offer guaranteed coverage during the level term period, as well as a level amount of premium that can not be increased.

The rates of most term policies are level, meaning that they are not allowed to rise after the policy is issued during the coverage period (prices may rise if you choose to extend, or renew the policy).

These terms typically require that the policyholder is still alive, that the death benefit has not been paid during the initial level premium period and that all scheduled premiums have been paid throughout the length of the policy.

Level Term Insurance offers a level premium and a level death benefit during the specific term of the coverage, from the time the policy is put into force until the policy expires at the end of the Level Term Insurance offers a level premium and a level death benefit during the specific term of the coverage, from the time the policy is put into force until the policy expires at the end of the tTerm Insurance offers a level premium and a level death benefit during the specific term of the coverage, from the time the policy is put into force until the policy expires at the end of the level premium and a level death benefit during the specific term of the coverage, from the time the policy is put into force until the policy expires at the end of the level death benefit during the specific term of the coverage, from the time the policy is put into force until the policy expires at the end of the tterm of the coverage, from the time the policy is put into force until the policy expires at the end of the termterm.

Unlike regular term life insurance policies, Return of Premium term life insurance rewards you for living by offering a guaranteed return of most of the premiums paid on the policy during the level term of the policy.

o Level Cover: The death payout under this plan option pays the opted sum assured to the nominee in the event of death of life insured during the policy term.

The term «level» refers to the death benefit amount during the term of the policy.

A level term policy, the most common type, pays the same benefit amount if death occurs at any point during the term; while a decreasing term policy pays less the closer you come to the end of the term.

Unlike regular term policies, return of premium term life insurance rewards you for keeping the policy by giving a guaranteed return of your total cumulative premium paid on the policy during the level term period, not including substandard (extra charges for health) and rider charges (extra benefits such as disability coverage), if any, which will be paid to the policy owner at the end of the level term period if the policy is then in force.