Sentences with phrase «payment of all due premiums for»

The Surrender value is the higher of guaranteed surrender value or special surrender value.Surrender value is payable on payment of all due premiums for at least 3 full policy years.

For policies with premium payment other than single pay, the surrender value can be acquired on payment of all due premiums for at least 2 full policy years.

Surrender Value is acquired on payment of all due premiums for at least 2 full policy years.

The surrender value is payable on payment of all due premiums for at least 3 full annualized years, if the premium payment term is equal to or more than 10 years.

The surrender value can be acquired on payment of all due premiums for at least first three policy years.

Surrender value can be acquired on payment of all due premiums for at least 2 full annualized premiums, if the premium payment term is less than 10 years.

For policies with premium payment term of less than 10 years, the policy acquires surrender value after full payment of due premiums for two policy years and for policies with premium payment term of 10 years, the policy acquires surrender value after full payment of due premiums for three policy years.

Surrender Value can be acquired on payment of all due premium for at least three full policy years.

The policy can acquire a Guaranteed Surrender Value after payment of all due premiums for the at least 2 full policy years, for premium payment term of 8 years.

The Guaranteed Surrender Value can be acquired after payment of all due premiums for the at least 3 full policy years, for premium payment term of 10 & 12 years.

Not exact matches

Similarly, lower - tranche mortgage securities and CDOs (and increasingly the higher - rated ones) are facing disappointments in their payment streams due to mortgage foreclosures, while potential buyers of these securities require much higher risk premiums as compensation, which we observe as still lower prices for that mortgage debt.

footnote ** IRA distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if the distribution is due to your disability or death; is distributed by a reservist who was ordered or called to active duty after September 11, 2001, for more than 179 days; or is for a first - time home purchase (lifetime maximum: $ 10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain unreimbursed medical expenses, an IRS levy on the IRA, or health insurance premiums (after you've received at least 12 consecutive weeks of unemployment compensation).

In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payable.

A con of hybrid life insurance with long term care is your premium payment does not currently qualify for a tax deduction, most likely due to individual life insurance premiums not being tax deductible.

The borrower is responsible for payment of per diem interest and property taxes and insurance premiums (if due).

For example, if you become totally disabled, your waiver of premium rider will pay any and all premiums payments due to the carrier.

The amount of money paid or due to be paid when a person insured under a life insurance policy dies, after adjustments for any outstanding policy loans, dividends, paid - up additions or late premium payments (if applicable) are made.

There will be a grace period for payment of due premium of the policy.

There should not be any dues in payment of premiums on date, in order for the renewal to take place.

With respect to effective dates other than regular effective dates, meaning retroactive or accelerated coverage effective dates resulting from enrollment under certain special enrollment periods (including birth and marriage), resulting from the resolution of appeals, or resulting from amounts newly due for prior coverage based on issuer corrections of under - billing, we considered a premium payment deadline of 10 - 15 business days from when the issuer receives the enrollment transaction.

NOTE: Please review the Terms and Conditions of your life insurance policy for payment of premiums due, and coverage paid to beneficiaries.

Most concerns raised by commenters opposed allowing premium payments after the coverage effective date due to the uncertainty of payment for services provided after the coverage effective date if a premium is not paid and the enrollee is subsequently cancelled.

For instance, many will offer a waiver of premium where once the key employee is totally disabled and the elimination period is satisfied, no more premium payments will be due.

If your payment has still not been received prior to the 10th of the following month (Example: By July 10th for a payment that was due in June), you will have to pay a double premium to get your account current and reactivate benefits the next time you pay online.

Nonforfeiture Values For more than 100 years, insurance regulators have required that permanent life insurance policies have certain equity rights, even when the policy might lapse due to non payment of premiums.

There is a grace period provision of 30 days after the due date for payment of your renewal premium.

A grace period provision is also defined within a life insurance policy that provided for a period of time, usually 30 or 31 days in which an insured must pay a premium payment beyond the date of which the premium is usually due, without losing coverage.

For a Regular premium payment policy, the policy will lapse in case the due premiums are not paid by the end of the Grace Period.

On failure of payment of the premiums for other payment modes, a grace period is allowed for 30 days within which the policyholder can pay his premium dues.

Grace Period: On failure of payment of the premium for monthly payment modes, a grace period is allowed for 15 days within which the policyholder can pay his premium dues.

Grace Period: A period of 15 days (for monthly payment mode) and 30 days (for other modes) is provided to the insurance holder during which he / she can pay off all the due premiums.

Grace Period: A grace period of 15 days is allowedfor the payment of due premiums that the policyholder had failed to pay within the allotted period for premium payments.

The renewal of lapsed policy can be done if the insured submits a reinstatement request within a period of 2 years since the date due for the payment of first unpaid premium.

(iii) If a qualified employer is terminated due to lack of premium payment, but within 30 days following its termination the qualified employer requests reinstatement, pays all premiums owed including any prior premiums owed for coverage during the grace period, and pays the premium for the next month's coverage, the Federally - facilitated SHOP must reinstate the qualified employer in its previous coverage.

Grace Period: The policy offers a limited period of time, i.e. 30 days since the date due for the payment of unpaid premiums.

With respect to effective dates other than regular effective dates, meaning retroactive or accelerated coverage effective dates resulting from enrollment under certain special enrollment periods (including birth and marriage), resulting from the resolution of appeals, or resulting from amounts newly due for prior coverage based on issuer corrections of under - billing, we are considering a premium payment deadline of 10 - 15 business days from when the issuer receives the enrollment transaction.

Grace Period is the time provided to the policyholder over and above the exact due date to make the payment for the renewal premium without lapsing the policy or reducing any of the policy benefits.

Grace Period: A grace period of 30 days is allowed for the payment of due premiums.

For more than 100 years, insurance regulators have required that permanent life insurance policies have certain equity rights, even when the policy might lapse due to non payment of premiums.

For additional protection and peace of mind, you can add a disability waiver of premium rider that will protect your if you are disabled prior to age 60 and can not make your payments due to a loss of income.

This means that the premium payments for the coverage will continue to be due throughout the life of the policy.

This option makes the most sense after premium payments are no longer due for a life insurance policy and there is no need to increase the death benefit through the purchase of additional paid up coverage.

There is a grace period of 30 days from the due date for payment of limited premiums.

Grace Period You get a grace period of 30 days for Yearly, Half yearly and Quarterly Premium Payment Frequency and 15 days for Monthly Premium Payment Frequency from the premium due date to pay your missed premium.

If you don't pay the premium on or before the due date, the company will provide you a grace period of 30 days to make the payment (in case of monthly premiums, the grace period is only for 15 days).

A con of hybrid life insurance with long term care is your premium payment does not currently qualify for a tax deduction, most likely due to individual life insurance premiums not being tax deductible.

A grace period is an extended duration; of 15 days for monthly premium payment mode & 30 days for other premium payment modes, from the premium due date given to the life assured to pay his due premium.

They also get extra marks for flexibility due to the variety of options for premium payment models.

Grace Period: A grace period of 15 days is allowed for policies under monthly payment mode and a grace period of 30 days is allowed for policies under all the other payment modes from the premium due date to pay the premium.

Grace Period: If the insured fails to pay his insurance premium by the due date, then a grace period of 15 days is allowed for monthly premium payment mode and a grace period of 30 days is allowed for annual mode of premium payment.