Sentences with phrase «occurs during grace period»

If the death of the policyholder occurs during the grace period then the full sum assured will be paid to the beneficiary after the deduction of the premium due and all the premiums falling due during the policy year.

As long as death occurs during grace period which begins the day after the due date, you are eligible for compensation.

Not exact matches

It is not clear why the Fed declined the three - year extension to the grace period, or what occurred during the discussions held during the interim.

No interest occurs while the student is in school at least half - time and during the one year grace period.

Deferment refers to a period where loans are allowed to be put off; basically, deferment periods usually occur while the borrower is still in school or during the grace period following graduation.

Although most GRACE internships occur during the summer, GRACE staff will consider scheduling internships at other periods during the year.

If you pay other than monthly and you die during the grace period, the company will return all premiums paid except for those due during the policy month the death occurred.