Sentences with phrase «policy at specified dates»

Simply put, the term life conversion option gives you the ability to convert your term policy to a whole life policy at specified dates during the length of your term.

Not exact matches

«[E] ach policy of aircraft accident liability insurance... shall specify that it shall remain in force, and may not be replaced, canceled, withdrawn, or in any way modified to reduce the minimum standards set forth in this part, or to change the extent of coverage by the insurer or the carrier, nor expire by its own terms in regard to coverage for the carrier in its common carrier operations in air transportation, until 10 days after written notice by the insurer (in the event of replacement, by the retiring insurer), or by the insurer's representative, or by the carrier to the Department... which 10 - day notice period shall start to run from the date such notice is actually received at the Department.»

Endowment policy: A life insurance policy in which the cash value and face value are equal to each other at the policy's maturity date; a policy under which the face amount is payable on a specified future date (maturity date) if the insured is then living, or at the insured's death, if that should occur sooner.

Maturity benefit is specified in the terms and conditions of particular policy type and the same is payable at the end of the tem on the Maturity date of the policy if the Life Assured survives the policy term.

Maturity benefit is specified in the terms and conditions of the particular policy type and the same is payable at the end of the term on the Maturity date of the policy, if the Life Assured survives the policy term.

Additionally, a homeowner's policy can be purchased to begin at a specified date, giving you personal control over when the policy begins to be effective.