Sentences with phrase «n't die within the term»

And if he doesn't die within that term policy timeframe, 20 years let's say, but he's saved X amount of dollars throughout, because he didn't have a larger premium to put in the insurance policy, and then now he's got this bag of money, then the child can have the bag of money.

With a traditional term life insurance policy, you do not receive any premiums back if you do not die within the term.

⦁ Return of premium term life provides a refund of premiums for people who don't die within the term.

Also, no benefits would be paid if the insured doesn't die within the term period.

If you don't die within the term, all those payments you made over the years were technically wasted; but you're still alive, so it's not all bad news.

That is true but ask yourself this question, suppose you don't die within the term period would there be any money to get back.

The policy only covers you for a specified number of years, and if you don't die within the term, you recover nothing.

Not exact matches

Term life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiTerm life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiterm period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiterm policy is renewed upon its expiration, which almost always means higher premiums.

However, if a justice of the supreme court dies within one year before the term of the governor expires, that justice may not be replaced until the governor whose term commences after expiration of the term of the governor in office when the justice died appoints a successor justice.

For instance the insured could acquire a terminal illness within the term, but not actually die until after the term expires.

If you die within the term period, your spouse and dependents get a death benefit pay out; and if you don't, you'll have accumulated a nice nest egg in the process.

but term insurance does not pay me any thing back... that means if i do nt die within the policy years all my hard earned money would be wasted...????

You buy a 10 year term policy and you don't die within 10 years the policy ends.

A ROP rider enables you to receive your premium payments back (without interest) if you do not die within your policy's term or age limit.

Term life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiTerm life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiterm period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premiterm policy is renewed upon its expiration, which almost always means higher premiums.