Sentences with phrase «of keeping the policy in force»

Since a healthy sum of cash value in a variable life or variable universal life insurance policy is needed to pay the costs of keeping the policy in force, policyholders should choose their sub-account investments with extreme caution.

Not exact matches

States can set up insurance exchanges, and if done well, he says, these exchanges will keep the number of policy choices to a manageable level and they will force insurers to present information about their policies in ways that make comparisons easy.

The notion that monetary policy has no effect on output can only be a throwback to textbook constructs of self correcting forces which keep the economy in some kind of equilibrium — including, in their modern guise, perfect foresight and rational expectations.

If someone wants to practice some crazy belief in the privacy of their own home or in a church with like minded nutjobs thats their right — but do nt force you prayer on me, make policy based on those nutjob beliefs and please keep your blessings to yourself — I do not want them.

Thus, Israel's repressive policy toward Palestinians in the occupied territories is designed to keep the non-Jewish populace in the status of noncitizens, and to force many of them to emigrate.

DeFrancisco, a Republican from Syracuse, says if no agreement is reached on some of the unrelated topics by the budget deadline, lawmakers will likely oppose any attempt by the governor to force through the policy changes in the form of extender bills to keep the government running.

But DoD's policy of keeping its samples in perpetuity — even after troops leave the force — could raise a few eyebrows.

Just because one of your relatives kept a policy in force for decades, does not mean that it remained in force when he or she passed away.

Once you choose your, you will pay a premium to the life insurance company to keep the policy in force until the end of the defined term, or the end of your life, whichever comes first.

The status of the policy is tracked, as well, so it's important that you keep it in force.

Insurance Premiums: life insurance premiums are the payment due to keep the policy active and in force on the life of the insured.

* Of course, depending upon policy performance and factors such as loans and withdrawals, the policy may require a minimum premium (s) to keep the policy in force.

Of course, depending upon policy performance and factors such as loans and withdrawals, the policy may require a minimum premium (s) to keep it in force.

This automatic loan avoids a lapse of the policy, keeping 100 % of the death benefit in force.

What this really means is that if the base premium of the policy is not paid, and there is cash value in the policy, then the cash can be used to pay the base premium in order to keep the policy in force.

There are a number of other ways to make sure you get good tenants who will keep their policies in force, but when they refuse to get renters insurance that's required throughout the entire building, that's a bad sign of a tenant you don't want to be hassled with.

The amount of protection you'll receive from your policy — and even just if you can keep your policy in force — will be determined by your life insurance budget and your ability to pay your premiums.

This doesn't give them any coverage, of course, it just makes sure they're kept apprised if the policy is not in force for any reason.

The insured has the choice of either deferring the medical examination for up to six months or choosing not to undergo the medical exam at all and just keeping the blended policy in force as it is issued.

1 Life insurance policies contain certain exclusions, limitations, exceptions, reductions of benefits, waiting periods and terms for keeping them in force.

Like most insurance policies, MetLife Auto & Home's policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force.

Life insurance is subject to exclusions and limitations and terms for keeping it in force, Certain types of policies, features and benefits may not be available in all jurisdictions or may be different.

You'll pay monthly or annual premiums to keep the policy in force, and it will stay active until the end of your life as long as you keep paying the premiums.

Like most insurance policies and benefit programs, insurance policies and benefit programs offered by Metropolitan Life Insurance Company and its affiliates contain certain exclusions, exceptions, waiting periods, reductions of benefits, limitations and terms for keeping them in force.

Like most insurance policies, MetLife's policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force.

But permanent policies such as whole life insurance typically provide a lifetime death benefit, regardless of your health, as long as you pay the premiums to keep the policy in force.

In the most sweeping reform of Japan's legal system since World War II, the doors are opening wide for a flood of new lawyers to handle cases in an increasingly litigious society.Experts say the reforms underscore a big shift in social attitudes that is forcing Japan to change its policy of keeping the number of lawyers loIn the most sweeping reform of Japan's legal system since World War II, the doors are opening wide for a flood of new lawyers to handle cases in an increasingly litigious society.Experts say the reforms underscore a big shift in social attitudes that is forcing Japan to change its policy of keeping the number of lawyers loin an increasingly litigious society.Experts say the reforms underscore a big shift in social attitudes that is forcing Japan to change its policy of keeping the number of lawyers loin social attitudes that is forcing Japan to change its policy of keeping the number of lawyers low.

The consequence of this is that it is necessary to keep a run - off policy in force after retirement, to cover any claims that may arise in the future.

The contract will state the amount of the premiums that the policyholder must pay periodically to keep the policy in force.

The target premium is the minimum premium that will keep the policy in - force as long as all of the insurer's assumptions turn out to be true.

This rider will will keep the policy in force for the duration, eliminating the burden of having to worry about paying for your premiums during these times.

A period of prolonged lower - than - expected interest rates could wipe out all of your cash value, and could leave you holding the bag monetarily to make up the difference, in order to keep the policy in force.

Life insurance quotes are a cost comparison of the premiums required to keep a life insurance policy in force / active.

For instance, a life insurance policyholder may be able to access some of the cash value to meet their immediate needs while keeping the policy in force for beneficiaries.

The amount of your deductible is often tied to your premium (the amount you pay your insurance company to keep your policy in force).

The policy typically has a low «drag» due to the fact that policyholders are encouraged to schedule premium payments in excess of the minimum payment required to keep the policy in - force.

This type of policy also has cash value growth, so interest grows in your account which could keep the policy in force even if you stop paying some premiums.

Waiver of Premium — Should you become completely disabled while you have a policy and can no longer afford the premium, this rider will continue to keep your policy current and in force for its duration.

So, if you keep your policy for the term period which you are free to choose for yourself (usually 15, 20 or 30 years), if you are alive at the end of your coverage term you can receive the entire premium cost that you paid throughout the whole term to keep your policy in force.

A policy that offers just the right amount of coverage for just the right time frame, term life insurance policies feature an affordable premium that keeps the policy in force for the number of years you've selected.

The policyholder determines the amount of life insurance coverage required and pays the life insurance company a premium to keep the policy in force.

Under contracts of this type the premiums you are to pay to keep your policy in force remain level throughout the term.

Available riders include Disability Waiver of Premium, Children's Term, Living Benefits Rider, and an automatic premium loan option which can take a small loan from the policy to keep it in force when payments are missed.

Irda said the priority of agents and insurers should be to keep the existing life insurance policy in force.

There is also no change in premium, unlike the Term, and both the policy benefit and cost of coverage will not change as long as you keep the policy in force.

When you purchase private coverage, you have complete control over the type of benefits you want, how long you want to keep the policy in force, and whether you wish to keep it portable.

If you need to keep your policy in - force for an extended period of time, many policies are available, both on and off the Exchange.

First, they have to keep track of more premium payments to make sure a policy stays in force.

Waiver of premium: Some insurance contracts have a provision in place which allows the insurance company to waiver the collection of premiums while keeping the policy in force if the policyholder becomes unable to work because of an accident or injury.

However, timely payment of required premiums must be maintained to keep the policy in force.