Sentences with phrase «policy at certain points»

The guaranteed insurability rider gives the owner of a life insurance contract the opportunity to add death benefit coverage to the policy at certain points in the insured person's life.

However, their term policies also have the option to be converted to a universal life insurance policy at certain points, typically when you hit a life milestone (like having a child or getting married) or reach a certain age.

However, their term policies also have the option to be converted to a universal life insurance policy at certain points, typically when you hit a life milestone (like having a child or getting married) or reach a certain age.

Life insurance that reaps growing interests is also an important consideration since you can cash out the policy at a certain point and earn more than your premiums alone would deliver.

Some illustrations may show loans being taken from a policy at a certain point.

Not exact matches

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

I differ also from the various middle positions, which hold that there are some good things in this culture (like greater freedom for the individual), but that these come at the expense of certain dangers (like a weakening of the sense of citizenship), so that one's best policy is to find the ideal point of trade - off between advantages and costs.

It's fair to say that I did embellish a serious point about an immigration loophole with a certain choice description, reflecting the frustration many Conservative MPs feel at their Coalition colleague's «differentiation» strategy - or put simply - rubbishing the Tories at every opportunity and taking the credit for «good» policies and distancing themselves from the less popular but invariably courageous and right ones.

From this point forward, more and more states may reason that ACT is likelier to have its tests ready to go come spring 2015 at a price that is certain and without all of the potential problems inherent in a multi-state procurement - practice - policy initiative.

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

The policy is active for a certain number of years (the term), at which point it expires.

In addition, these policies come with an Additional Purchase Benefit, which is the option to increase your policy's face value at certain points in time.

It gives you the right to convert your term life insurance policy to a whole life policy, either at any time during the initial term, or at certain points during the term.

* All permanent policies can be surrendered for their current cash value after a certain number of years, at which point the insurer pays the accumulated cash value minus any loans and fees.

At a certain point, it seems that judgment about those matters must become political, economic and empirical, and then judges will defer to the assessment of policy - makers and legislators.

You may even skip payment at a certain point provided the cash value is enough to cover the policy cost.

This means if an insured person is diagnosed with a fatal disease just as the term runs out, he or she will be able to renew the policy at a competitive rate despite the fact the insurance company is certain to have to pay a death benefit at some point.

* All permanent policies can be surrendered for their current cash value after a certain number of years, at which point the insurer pays the accumulated cash value minus any loans and fees.

If employees don't enroll when the policy is first offered, they need to wait until a certain enrollment period and then complete an Evidence of Insurability (EOI) form, which is a health history questionnaire, at which point they could be declined.

once I hit a certain point there are no fees at all and I am to that point now... so it does nt really cost me anything to keep the policy (if I understand this right)..

In addition, these policies come with an Additional Purchase Benefit, which is the option to increase your policy's face value at certain points in time.

At a certain point within the life of the policy, a term life insurance may be convertible to a whole life insurance policy.

There are life insurance companies that perform so well that when you get to a certain point your policy has accumulated so much value that you can request to have the policy fully paid up at that point.

This is because the intent of the policy is to build cash value at a faster rate for a higher internal rate of return, or because premium payments are meant to stop after a certain point, and sufficient cash value must be built up to end payments.

While many people think of credit card travel insurance as a primary auto coverage policy, certain cards will cover the value of the points expended on a trip at a fixed value.

The policy is active for a certain number of years (the term), at which point it expires.

This is the opposite of traditional term life insurance policy and many people prefer this since many don't need as much coverage at this certain point in the future, i.e. when the term ends and Protective allows the policy holder the same price as before just a lower face amount.

While term insurance only pays out a death benefit for a certain period, a whole life policy provides a death benefit that pays out at any point in your life while simultaneously building usable cash value along the way.

If that same 30 - year - old takes out a whole life policy, it is virtually certain that he will die at some point in the future, and that the insurance company will have to pay a claim.

It gives you the right to convert your term life insurance policy to a whole life policy, either at any time during the initial term, or at certain points during the term.

Of course, at a certain point you would be getting commercial financing, which will depend on that lenders policies.