Sentences with phrase «old during your coverage period»

Not exact matches

Similarly, when the insurer performs poorly, usually during periods of low interest rates in the market, or as you get older, the insurer is more likely to increase the cost of coverage.

a policyholder who, for whatever reason, did not hold any one policy that was 12 months old on November 3, 2015, but had held two or more similar policies during that 12 - month period which added up to 12 months of coverage (two policies are similar if they are both personal property policies, both are auto policies or both are commercial policies)

However, the interim period between the cancellation of an old policy and purchase a new one is extremely risky — if something untoward happens during this time, the person is left with no coverage.

* If an insured person turns 70 years old during the purchased coverage period, the 70 and over benefit schedule becomes effective upon the day the insured turns 70.

Similarly, when the insurer performs poorly, usually during periods of low interest rates in the market, or as you get older, the insurer is more likely to increase the cost of coverage.