Sentences with phrase «name during the policy year»

Ans: The documents mentioned below are required while changing the company name during the policy year:

Not exact matches

«That is why, during the 35 years I was district attorney in Manhattan, my policy was to never share the names of individuals involved with the criminal justice system to immigration authorities until after they were convicted of a serious crime.»

This policy provides a graded benefit, which means that if death of the insured that is due to natural causes — in other words, death that is caused by means other than an accident — during the first two years in which the policy has been in force, the named policy beneficiary will only receive back all of the premiums that were paid in, plus 10 percent, as versus the face amount of the policy.

Term life insurance, as the name suggests, is a life insurance policy that covers a set number of years and would pay the lump sum death benefit to the beneficiary if the insured person died during the term of the policy.

As the name suggests, the plan pays you back a fixed percentage of the basic sum assured say 15 - 20 % called Survival Benefits at certain policy milestones say 5th, 10th, 15th year during a policy term of 15 years.

As its name suggests, term life insurance policies run for a set number of years and pay a death benefit if the policyholder dies during that span.