Sentences with phrase «policy being in force»

In return, if you die while policy is in force, the insurance company promises to pay a death benefit amount to the people you've named as beneficiaries.

Up until a life insurance policy is in force for two years it may be contested by the life insurance company.

Permanent life insurance policies are in force for the insured individual's entire lifetime, as long as premiums are paid on time.

During the time the term policy is in force, the insured pays a fixed premium to the insurance company at regular intervals.

If replacing, you can stop paying the premiums once your new policy is in force.

The coverage provided by a life insurance policy is In Force during the policy period if the premiums owed for the coverage are paid up - to - date.

This benefit is payable if the rider policy is in force as on the date of the death of the life assured.

Therefore, if you buy a trailer after your auto policy is in force, be sure to notify your agent.

Because most policies are in force for some time before they become payable, insurance companies have premium to invest.

If you die during the time that your term policy is in force, your beneficiaries will be paid the face value of the policy.

Permanent life insurance: A permanent life insurance policy is in force for your lifetime as long as you continue to make your premium payments.

A: Once your new policy is in force, you can turn in a collateral assignment on the policy for the balance of the loan.

A whole life insurance policy is in force for your lifetime as long as you continue to make your premium payments.

Therefore, if you buy a trailer after your auto policy is in force, be sure to notify your agent.

It can be purchased with the base policy on inception or on the policy anniversary, provided that the base policy is in the force and all the premiums are duly paid.

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

Not a single Texas Renters Insurance policy was in force at the time, forcing the residents to rebuild from nothing after having lost everything to the fire.

Please note that quotes can not be provided for existing Sainsbury's car insurance customers whose policy was in force before 31st May 2011.

These policies offer comprehensive coverage and you can lodge a claim as long as your mediclaim policy is in force.

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

Not a single Texas Renters Insurance policy was in force at the time, forcing the residents to rebuild from nothing after having lost everything to the fire.

The conversion rider should allow you to convert the term coverage to any permanent policy the insurance company offers with no restrictions (i.e., having to convert by a certain age during the first five to 10 years that the term policy is in force, or limiting partial or multiple conversions).

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in force.

When you are planning to move, it is important that you do not cancel your existing policy until your stuff has been moved, and that the new policy is in force when your property arrives.

A term life policy is in force for a specific period of time and has a face value (coverage amount) that you specify when you buy the policy.

The length of time your auto insurance policy is in force.

The insurance company invests the cash value, which continues to grow tax deferred as long as the policy is in force.

In addition, most equity indexed UL policies allow the insurance company to change these participation limits at any time while the policy is in force.

policy is in force, you are guaranteed insurable until age 75 when your policy ends - no matter what your health or occupation.

Once that policy is in force, it can be transmitted directly to the Exo Astoria leasing office, and they'll have all the information they need about your coverage in a matter of minutes.

Dying while the policy is in force is the one sure way to get money back on term life insurance.

If a policy was in force at the time, Austin renters insurance would cover the personal property losses for each of those residents.Although the cause of the fire is unknown at this time, if a tenant of the building is found responsible than significant liability will be attached to that individual.

In the event that the borrower dies while the policy is in force, the debt is automatically satisfied by insurance policy proceeds.

In case of unfortunate event of death of Life insured (applicable even in case of minor lives), subject to the policy being in force the Sum Assured payable on death will be higher of:

Once you complete the 10th Policy year, you will start receiving an annual payout until maturity or death of Life Insured, whichever is earlier, subject to policy being in force.

The life insurance benefit will be payable to nominee, in event of unfortunate event of death of Life Insured before the age of 85 years, subject to policy being in force and all due premiums have been paid.

In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have been paid.

This Policy also offers Non guaranteed cash bonuses subject to the policy being in force.

2) Guaranteed Additions: Subject to the Policy being in force and all due premiums being paid, Guaranteed Additions, equal to 10 % of the Sum Assured shall accrue as per the schedule given in the table below:

With this coverage, you receive a death benefit if your child dies while your policy is in force.

If you die while your policy is in force, your named beneficiaries will receive the policy's death benefit.

The important thing is that the loss can not have occurred before the policy was in force.

If the policy is in force and the Life Insured survives to the Maturity Date of the policy, then the maturity benefit equal to Sum Assured on Maturity will be payable which is 100 % of Single Premium along with Total Guaranteed Additions accrued during the Policy Term (excluding Mortality Premium, if any).

Level term policies guarantee to pay out a benefit when the policy is in force, and is also guaranteed to not go up in price during the level term period.

Like term life insurance, whole life insurance policies pay a death benefit if you die while your policy is in force.

They then make decisions as to whether there is coverage, whether the loss reasonably occurred after the policy was in force, and so on.