Term life only pays out the death benefit if you die
occurs during the term of the policy.
Medical Travel Insurance policy offers coverage for health problems that
occur during the term of the policy but not already existing illnesses of an applicant.
The claim is not covered under your occurrence policy either, since Ed's injury did not
occur during the term of that policy.
It pays only if death
occurs during the term of the policy, which is usually from one to 30 years.
Term Life Insurance pays a benefit only if death
occurs during the term of the policy, which is usually from one to 30 years.
It pays only if death
occurs during the term of the policy, which is usually from 1 to 30 years while Whole Life or Permanent Insurance pays «death benefits» when the policyholder dies or prior to «Maturity» (that may occur at age 120 for example).
A slip - and - fall incident
occurs during the term of your policy.
There is no build up of cash value and the policy only pays out if death
occurs during the term of the policy.
Not exact matches
It is also clarified that if the Accident
occurs during the
Policy Term and the death due to the said Accident happens after the expiry
of the
Policy Term (but within 120 days from the date
of Accident), Death benefit will be payable.
A
Term Life
policy offers coverage only if death
occurs during a specific period
of time, which coincides with the
terms in which the insured member is required to make a monthly premium.
Because
term life insurance only pays out if the policyholder's death
occurs during the
term of their coverage period,
policy premiums are generally lower than whole life insurance.
The benefits under the rider shall be paid even in case when accident happens
during the
policy term and disability
occurs beyond the
policy tenure but happens within 180 days from the date
of the accident.
The
term of the
policy usually lasts between 1 and 30 years and pays only if a death
occurs during the
policy term.
Increases can
occur according to the
terms of your
policy or at renewal, but not
during the
term of your contract.
Remember that there are a number
of other factors that can impact your overall premium, including at - fault accidents or traffic convictions that may
occur during the
policy term.
In contrast, to say a 30 - year
term life insurance
policy, which pays a death benefit only if the insured dies
during a specified period
of 30 years, a whole life
policy provides for the payment
of a death benefit regardless
of when the death
occurs in someone's life.
A
Term Life
policy offers coverage only if death
occurs during a specific period
of time, which coincides with the
terms in which the insured member is required to make a monthly premium.
If death
of the insured
occurs during the
policy term, the beneficiary collects the face amount (death benefit)
of the life insurance
policy income - tax free.
The occurrence form covers bodily injury or property damage claims that
occur during the
policy term, regardless
of when the claim is reported.
As a result, the family members also share the sum assured and are able to avail a host
of benefits if any untoward occurrence
occurs during the
policy term.
Death benefit — The amount
of money that's paid out in the event
of your death (if your death
occurs during the
policy's
term).
Income Benefit: Total
of all the regular premiums due under the
policy, after the date
of death or diagnosis
of cancer when
occurs during the premium payment
term is payable.
If an unfortunate event
of death
occurs to the policyholder
during the
policy term the nominee receives a sum assured also known as death benefit.
Policy Term — If death of the insured does not occur during dates of coverage stated in the life insurance p
Policy Term — If death
of the insured does not
occur during dates
of coverage stated in the life insurance
policypolicy.
Term life insurance is cheap because it only pays out if death occurs during that period of time covered by the duration of the policy t
Term life insurance is cheap because it only pays out if death
occurs during that period
of time covered by the duration
of the
policy termterm.
A level
term policy, the most common type, pays the same benefit amount if death
occurs at any point
during the
term; while a decreasing
term policy pays less the closer you come to the end
of the
term.
Occurrence
Policy: Insurance that pays claims arising out of incidents that occur during the policy term, even if they are filed many years
Policy: Insurance that pays claims arising out
of incidents that
occur during the
policy term, even if they are filed many years
policy term, even if they are filed many years later.