Sentences with phrase «policies during specific periods»

Convertibility: This option is available in some term policies during specific periods while others allow it for the life of the policy.

A convertible term life insurance policy can be converted by the owner into a permanent life insurance policy during a specific period of time, without requiring an exam or proving the insured is healthy.

Not exact matches

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

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.

Furthermore, one can see the surges in bank credit accompanying these periods and tie them to specific policy moves by the authorities: The Treasury stimulated inflation in the early 1900s; the Fed deliberately inflated in the roaring 1920s to take the pressure off the British pound (which had been devalued during World War I); the Roosevelt administration took the reins off inflation by debasing the gold - content of the dollar in 1933; zealous money printing in the 1960s led to the inevitable collapse of the Bretton Woods system (and complete fiat money was born); money printing continued apace with Alan Greenspan in the 1990s and, following the dot - com crash, into the 2000s.

Also, if your boat policy specifies that your boat will be stored during a specific period, say for the cold weather months of November — February and you take the boat out for a ride during that time period; you have no coverage under your boat policy should an accident occur.

Often considered a temporary policy, term life insurance is only meant to cover you for a specific «term» or period of time during which the premiums may remain level.

You don't have to worry if you have bought a student travel insurance policy and not traveled during that specific period.

The benefit period is very simply the period of specific coverage under your policy, during which a benefit may be paid.

In order for it to be considered a pre-existing medical condition it must fit the specific definition found in the policy and usually that requires care, treatment, or symptoms during the look back period to be considered pre-existing.

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.

The policy is valid for a specific period of time, and the payout is only awarded if the insured dies during the active term.

Be informed that some policies permit conversion any time before expiry date, while others might allow during a specific period or age.

A waiting period is a specific period of time during which you can not avail maternity coverage under your health insurance policy.

This policy is usually issued for a specific period, and the sum assured is paid periodically to the insured, during this time period.

The policy covers the risks of Personal Accident and loss of Baggage of the insured, spouse and dependent children covered during the period of outstation travel within India from specific places of departure Personal Accident: Risk Up to Rs. 1 lakh per head with reimbursement of reasonable actual emergency incidental expenses up to Rs. 1000 / - per head both as defined in the policy.

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

However the popularity of the policy lies in the fact that it gives payments at specific intervals during the period of the policy.

The term period locks in the policy cost for that specific time and your rates will not increase at any point during your coverage.

Specific Waiting Period: Hospitalization expenses for specific illnesses such as CataractHernia, HydroceleArthritis, Sinusitis Dialysis Surgery on tonsils and sinuses, etc. are not covered during the first poliSpecific Waiting Period: Hospitalization expenses for specific illnesses such as CataractHernia, HydroceleArthritis, Sinusitis Dialysis Surgery on tonsils and sinuses, etc. are not covered during the first polispecific illnesses such as CataractHernia, HydroceleArthritis, Sinusitis Dialysis Surgery on tonsils and sinuses, etc. are not covered during the first policy year.

Tyler renters insurance consumers should understand the full basis for their premiums especially as they pertain to the specific monies they send to their providers during the policy period.