Sentences with phrase «life insurance in force policies»

Not exact matches

Life insurance policies have terms under which the policy may be continued in force or discontinued.

Taking out a million - dollar life insurance policy to help his estranged daughter Cate (Steinfeld), Nick is forced to take her on the run until the policy kicks in or he finds a way to clear his name.

The term life insurance coverage effective date is the day that the policy is put in force.

Dying while the policy is in force is the one sure way to get money back on term life insurance.

Once you choose your, you will pay a premium to the life insurance company to keep the policy in force until the end of the defined term, or the end of your life, whichever comes first.

Like term life insurance, whole life insurance policies pay a death benefit if you die while your policy is in force.

This non-linked and regular pay insurance rider provides 100 % Sum Assured in case of death of the Life Insured due to an accident, subject to the rider policy being in - force.

Life insurance is a contract between you and a life insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the policy is still in foLife insurance is a contract between you and a life insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the policy is still in folife insurance company to guarantee your survivors a sum of money upon your death, provided that all of the premiums are paid and the policy is still in force.

I think many people wander around ignorant of the necessity of owning a life insurance policy, but once they are educated and see the need, there is usually a tremendous sense of urgency that is only relieved by their own policy going in force, which provides peace of mind knowing that your family will be financially provided for should you face an untimely demise.

John Hancock no longer offers whole life insurance, although it does maintain a book of active in force participating policies.

As a result, we now have more than 100,000 life insurance policies in force and over 10,000 independent licensed financial service professionals marketing our products.

Once your life insurance policy is placed in force, you can visit the Vitality site and fill out some information about your current health and lifestyle.

If you fund the contract with more premium than is necessary to keep the policy in force over any seven - year period, the life insurance policy fails the seven - pay test.

Insurance Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of theInsurance Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of theinsurance premiums are the payment due to keep the policy active and in force on the life of the insured.

And while term insurance is sold for specific periods of time, typically anywhere from 5 to 30 years, a cash value insurance policy is usually considered to be a permanent life insurance policy, as these products are designed to remain in force for your entire life.

These are different from paid - up insurance, however, in that the life insurance is only in force for the duration of the term specified in the policy.

With the company's Guaranteed Level Premium Term Life Insurance option, the premium amount that is charged will remain the same throughout the entire period that the policy is in force.

Universal life insurance is a form of permanent coverage, so the policy stays in - force so long as you continue to pay premiums and it builds a cash value.

As with all life insurance coverage, if you die while the policy is in force your beneficiary receives a death benefit payout.

Back in the day, any form of flying was considered extremely hazardous and most life insurance companies would either force the applicant to pay an exorbitant amount or they would add an aviation exclusion clause to the policy, in other words, if you died as the result of a plane crash, your beneficiaries wouldn't receive the death benefit.

Permanent life insurance will be in force long after a term policy expires, and play an important role in estate planning.

While having the lowest out - of - pocket outlay of any type of individual life insurance policy, in order to reap a benefit from the policy, the insured must die while the policy is in force.

Unlike term, a permanent life insurance policy will stay in force, unless it is canceled by the policyholder or the premium stops being paid for the coverage.

A premium waiver, whereby if the insured becomes disabled, they can have the policy's premium payments waived, while still keeping their life insurance coverage in force

Incontestability Clause: A life insurance policy provision that states after the policy has been in force for a specified period of time, the company can not deny a claim based on a material misrepresentation made in the application.

Guaranteed Term Life Insurance A type of renewable term life insurance that remains in force provided the policy premiums are paid on tLife Insurance A type of renewable term life insurance that remains in force provided the policy premiums are paidInsurance A type of renewable term life insurance that remains in force provided the policy premiums are paid on tlife insurance that remains in force provided the policy premiums are paidinsurance that remains in force provided the policy premiums are paid on time.

This type of policy will pay out only a very limited benefit during the first few years the policy is in force, and then convert to a fully payable term life insurance policy for the remainder of the term.

Though Fidelity was once known more for its financial services offering, it has become a force in quality life insurance policies in recent decades for its innovative products, like its hybrid life insurance plans.

Mortgage Life Insurance A type of term life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceLife Insurance A type of term life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance Insurance A type of term life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance procelife insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceedIn the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceedin force, the debt is automatically paid by insurance insurance proceeds.

For it to be paid out, the policy must be in force, with all life insurance premiums paid up to the time of death.

This will actually make the policy less expensive than it would be if the premium was based on the amount of life insurance in force.

With a term life insurance policy, your named beneficiaries receive a payment if your policy is still in force when you die.

This is the case with permanent life insurance policies, like whole life insurance: As long as you pay your premiums, the policy will stay in force.

The amount of protection you'll receive from your policy — and even just if you can keep your policy in force — will be determined by your life insurance budget and your ability to pay your premiums.

Those who have policies in force are able to contact their renters insurance provider and request money or vouchers to cover their hotel stay and the other additional living expenses that they incur in the interim.

Traditionally with term life insurance, your beneficiaries receive a death benefit if you die while your policy is in force.

Life insurance policies contain exclusions, limitations, and terms for keeping them in force.

And here's the bottom line: all life insurance policies promise to pay an agreed - upon sum of money should you die while your policy is in - force (that is, while you're paying your premiums on time and while you're still operating within the terms of your contract).

But if you don't have a policy in - force and you know you're going to be sky - diving soon and didn't tell the life insurance company, the might have cause to not be required to pay.

In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance companyIn addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance companyin force for a specific length of time (typically between one or two years, depending on the life insurance company).

Whole life insurance policies are generally intended to remain in force until the policy «matures» (pays out), or until the owner of the policy cancels or stops paying the premiums that are due.

At the very least, get a no exam life insurance policy in force... and then apply for fully underwritten coverage and if your lab work is fine, you can cancel the no exam policy.

One major benefit of term life insurance is that your premium shouldn't change while your policy is in force.

1 Life insurance policies contain certain exclusions, limitations, exceptions, reductions of benefits, waiting periods and terms for keeping them in force.

Like most group life insurance policies, MetLife group policies contain certain exclusions, reductions, limitations, and terms for keeping them in force.

Like any life insurance policy, it pays out a death benefit to an appointed beneficiary when you die as long as the policy is in force.

With term life insurance, you secure a policy that remains in force for a set amount of time (typically between five and 30 years).

Life insurance goes into effect as soon as you make your first premium payment, meaning you're eligible for the death benefit as soon as the policy is in force.

The main differences between term and permanent life insurance are that permanent life insurance is in force for your entire life (as long as you pay the premiums) instead of a certain «term,» and permanent insurance accumulates cash value over the life of the policy.

Life insurance is subject to exclusions and limitations and terms for keeping it in force, Certain types of policies, features and benefits may not be available in all jurisdictions or may be different.