Sentences with phrase «maximum duration of the policy»

The proposed rule changes the maximum duration of these policies to less than twelve months, which is higher than the current maximum duration of less than three months.

Not exact matches

An investment policy will specify what percentage of an investment portfolio must be in cash, list the investment goals, and identify acceptable levels of risk (defining, for example, maximum portfolio duration and the minimum credit rating for a security in the portfolio).

Prior to 2017, short - term insurance was defined by the federal government as a policy with a duration of up to 364 days, although some states limited it to six months, and the majority of plans available throughout the country were sold with a maximum of six months duration.

The insurance protection starts on the day on which the insurance policy is issued, and ends at the end of the rental period, the course or the seminar (maximum duration: 3 years).

Policy term is the maximum duration of the initial coverage period offered by the plan.

Depending on the policy, the maximum duration of each trip is between 30 and 45 days.

The minimum duration of travel insurance in India is 2 days while the maximum duration is determined by the type of travel insurance policies online.

It is advisable for people with regular income or salaried people because the continuity of the plan for a longer duration is very much necessary to avail maximum benefit from the policy.

If you will buy a life insurance policy at the age of 25, then you can enjoy the coverage benefits for a longer duration say for almost 45 years where as if you buy a life insurance policy at the age of 35, your coverage period will be less than 35 years (in both cases the maximum maturity age of the plan being 70 years).