Sentences with phrase «lives insured exceeds»

Total life insurance in force is over $ 42 billion, and lives insured exceeds 800,000.

Not exact matches

In addition to using the proceeds from a life insurance policy to continue paying living expenses, these funds can also be used for paying off debts of the insured, as well as for paying his or her funeral and other financial expenses — which today can exceed $ 10,000.

If the total of your life insured RBC Royal Bank loans and lines of credit limit, plus any loans and lines of credit limit for which you are applying for LoanProtector insurance exceeds $ 100,000

If a «civil authority» prohibits access to your «dwelling» or «unit» as a result of an Insured Peril, we insure any resulting Additional Living Expense OR Fair Rental Value loss for a period not exceeding two weeks.

The biggest thing is making sure you can qualify for life insurance with SBLI, so lets cover (in general) what SBLI will and won't insure: SBLI Underwriting Uninsurable medical scenarios with SBLI: • Aids / HIV + status • ALS (Amyotrophic Lateral Sclerosis) • Alzheimer's disease or dementia or significant cognitive impairments related to functionality • Cancer diagnosis within last 2 years • Chronic pain treatment, severe, receiving disability, narcotic use • Cirrhosis of the Liver • Congestive heart Failure • COPD / Emphysema or chronic bronchitis - Severe or with current nicotine use • Cystic Fibrosis • Defibrillator use • Depression, severe, recurrent or with multiple in - patient hospitalization history • Diabetes with co-morbidities that include significant cardiac disease, or impairment of renal function or mobility • Heart / Cardiac Disease - multiple vessels diagnosed within 2 years or any past history with current nicotine use • Muscular Dystrophy • Multiple Sclerosis, if symptoms progressing • Organ Transplants, in most scenarios • Quadriplegia • Pulmonary hypertension • Renal failure, Renal insufficiency - severe • Stroke within 1 year • Suicide attempt within 5 years • Surgical repair of heart valves, aneurysms, intracranial tumors, major organs within six months, including gastric bypass Uninsurable non-medical scenarios: • Marijuana use, 4 or more times weekly • Substance abuse / misuse within last 5 years • Criminal activity - any history within the last 10 years • DUI, more than 2 or under age 25 if within 1 year • Unemployed (other than homemakers or retired) with minimal household income or dependent on SSI / disability benefits • Bankruptcy filing within 2 years • Liens / Judgements - outstanding activity that exceeds $ 50K

Family Income Benefit (FIB)-- An amount equal to 10 % of the Sum Assured will be paid on each Policy anniversary following or coinciding with the Date of Death of the Life Insured till the end of the Policy Term, but not exceeding 10 such installmentsa

Premium The premium for policies for the elderly is usually high, because the age of the life to be insured exceeds 60 years.

The face value of life insurance policies must not exceed human life value of the insured, otherwise the indemnity principle would be violated, creating moral hazard.

Any group term life insurance coverage offered by an employer that exceeds the base benefit is paid by the insured employee through paycheck deferrals.

Max Life Cancer Insurance Plan allow multiple claims related to unrelated cancers, subject to the cumulative amount for all claims not exceeding 100 % of the indexed sum insured.

Aegon Life iCancer Insurance Plan allows multiple claims for unrelated cancers, subject to a maximum limit of Rs. 5 lakhs per claim and subject to the cumulative amount for all claims not exceeding 25 % of the sum insured.

Policy continuance benefit: It is applicable when the life insured and proposer are the different individuals, and the insured's age is less than 18 years and the proposer's age does not exceed 60 years.

There is an option to extend / deferment of accumulation phase, provided the life insured is aged below 55 years and maximum vesting age does not exceed beyond 80 years.

If you buy an already existing life insurance policy (and you're not the insured person, a partner of the insured, etc.), then the death benefits become taxable to the extent they exceed the buyer's tax basis.

A mortgage loan that is not insured or guaranteed by the government, the interest rate does not adjust during the life of the loan, and the loan amount does not exceed $ 417,000.