Sentences with phrase «like during the policy term»

There are very limited circumstances that allow an insurance company to cancel a policy for claims history or anything else other than misrepresentation and the like during the policy term.

There are very limited circumstances that allow an insurance company to cancel a policy for claims history or anything else other than misrepresentation and the like during the policy term.

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.

The basic features of the long - term care policy include the following: Elimination Period: The elimination period functions like an insurance deductible, during which time the insured pays for medical expenses.

Actively tracking every policy during the entire term of the tenancy is the only way to avoid horror stories like this one.

Confirming an important point conceded by Deputy SG during last Term's oral arguments, the Government's Gall brief states repeatedly that policy disagreements with the Guidelines can be a valid basis for a variance — even though many circuit have held otherwise (like the Tenth Circuit in a split ruling yesterday) and even though many lower court briefs filed by the Government have argued otherwise.

Just like guaranteed universal life policies do to age 100 or 120, these riders mandate that even if the policy has no cash value, the death benefit and premium are still guaranteed to stay fixed during the initial term selected.

Designed for military service members our term life policy includes exclusive benefits like an accelerated review to help protect your family before you deploy, coverage during war, and military severe injury coverage.

If you buy your own health insurance and have an ACA - compliant plan — as opposed to something like a short - term health insurance policy or a limited benefit plan — you are also subject to open enrollment, as coverage is only available for purchase during that time (or during a special enrollment period if you have a qualifying event later in the year).

Also, Protective Life has a revolutionary product that acts just like a term policy during the level term period, but unlike a traditional term policy, Protective Life's policy rate does not increase when the term ends, just the face amount decreases.

The policyholder is covered from mishaps like death during the specific time of the policy term.

Unlike term life insurance, which just pays out a death benefit if you die during the period of time you have the policy, like 10 or 20 years, a whole life insurance policy will stay in effect as long as you continue to pay your premiums every month.

Especially when it is a pure protection plan like TERM INSURANCE offering higher sum assured at a nominal cost and where the insurance company has to pay a death benefit in case of insured dies during the term of a polTERM INSURANCE offering higher sum assured at a nominal cost and where the insurance company has to pay a death benefit in case of insured dies during the term of a polterm of a policy.

Free Look Period: From starting date of policy issued, the insurance owner has a limited 15 days period of free - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the policy.

The family of a diseased policyholder is provided with the assured financial security, in case the insured dies during the policy term and fails to pay off a debt like education loan or even home loan.

A Term Plan, like Edelweiss Tokio Life — MyLife + is insurance in its purest sense, wherein on death of the life insured during the policy term, the nominee or the beneficiary gets a fixed payTerm Plan, like Edelweiss Tokio Life — MyLife + is insurance in its purest sense, wherein on death of the life insured during the policy term, the nominee or the beneficiary gets a fixed payterm, the nominee or the beneficiary gets a fixed payout.

New Endowment (Table No: 814) of LIC, is a basic Life Insurance plan which provides adequate life cover during policy's term and on maturity, this plan provides a healthy amount which can be used to fulfill financial requirements like children's higher education and marriage.

Multiple premium payments and policy term options to ensure that money is available to you during crucial stages, like child's education, marriage, etc

Like standard term life, the policy is in effect for a period of time, and the premiums are guaranteed to stay consistent during that term.

You given example that if we take 50 lac SA, we might get only 62.5 lac SA in the event of death during the policy term and all these are marketing gimmick like 128 % of SA.

Much like the term, the «face amount» death benefit remains the same during the length of the policy.

He has the choice of how he would like his family to receive the life insurance benefit in case something were to happen to him during the policy term.

Actively tracking every policy during the entire term of the tenancy is the only way to avoid horror stories like this one.

Term plans may not offer such flexibility in changing the policy specifications during the policy term, but there are other types of life insurance plans like unit linked insurance plans (ULIPs) which offer flexibilities like increase / decrease of the policy sum assured, change in premium, eTerm plans may not offer such flexibility in changing the policy specifications during the policy term, but there are other types of life insurance plans like unit linked insurance plans (ULIPs) which offer flexibilities like increase / decrease of the policy sum assured, change in premium, eterm, but there are other types of life insurance plans like unit linked insurance plans (ULIPs) which offer flexibilities like increase / decrease of the policy sum assured, change in premium, etc..

«Super Money Back Plan for those who want to limit their premium payment commitment period but would like to enjoy life protection and regular income and need financial aid periodically during the policy term,» Rau added.

The Protective policy, like most term life policies requiring a free in - home medical exam, covers death for any reason other than suicide during the first two years of the policy.

During these times, many consider the concept of children's school readiness... but like many often - used terms, the definition becomes blurred by opinion, understanding, experiences, policy and expectations.