Sentences with phrase «paid over the course of the policy»

Such excess payments are usually caused by interest earned on premiums paid over the course of the policy's life.

If the policyholder outlives the term, 100 % of the premiums paid over the course of the policy are refunded tax - free to the policyholder at the end of the term.

Not exact matches

Over the course of 20 years, that means you're paying $ 15,120 more than if you found a level term policy for $ 119 per month.

Advocates for Children of New Jersey aims to strengthen the state's early learning system by enacting stronger public policies for young children and increasing investments in programs and services that pay strong dividends over the course of a child's life.

aims to strengthen the state's early learning system by enacting stronger public policies for young children and increasing investments in programs and services that pay strong dividends over the course of a child's life.

Over the course of 20 years, that means you're paying $ 15,120 more than if you found a level term policy for $ 119 per month.

He ends up paying $ 18,000 over the course of the policy and gets zero back if he outlives his policy.

The cap on the higher premiums is equivalent to the premiums you would have paid if you had never participated in the program, over the course of the policy term.

Since life insurance rates are based on the age and health of the individual when the policy is purchased, the sooner an individual buys protection, the cheaper the rates he / she will pay over the course of their lifetime.

After driving a car for many years, it may be more cost effective to lower the comprehensive and collision amounts on the vehicle if the payout in case of an accident will be less than the total amount you pay in premiums over the course of a policy year.

You pay for the policy over the course of the term, but after the term is up, your policy expires and you no longer pay premiums.

Aggregate Limit — A maximum total of all claim money that will be paid out over the course of the policy term,

Common sense says that whole life clients that hold on to their policies for their whole life are going to have them pay out — with that being said, the company has to make their monies worth, and I can assure you that very few of their clients pay $ 100,000 in premiums over the course of their lives.

If you outlive your policy and this rider is attached, every single premium you paid over the course of twenty or even thirty years will be returned to you.

Over the course of the policy, you will have paid less premium.

Over the course of 20 years, that means you're paying $ 15,120 more than if you found a level term policy for $ 119 per month.

Your «Aggregate» limit is the total amount the insurance company will pay for multiple claims over the course of one policy term (which is usually one year).

Most term life insurance policies pay the same benefit throughout the term, although with some policies, the death benefit drops over the course of the policy's term.

Auto insurance consumers who are financially incapable of paying the entire sum of their annual premium in advance of the coverage period are usually obligated to pay for the option of stretching out payments over the course of the life of the policy.