Sentences with phrase «policy being purchased»

Many term life insurance policies are purchased for mortgage protection.
As its name implies, term life insurance policies are purchased for a set amount of time — or term.
* Available if policy is purchased within 20 days of initial trip payment.
This is normally available based on when the first trip payment was made and when policy was purchased.
As a rule of thumb, if a life insurance policy is purchased within two years before the suicide, the death benefit may not be paid.
Usually, this type of policy is purchased in conjunction with a mortgage or some other loan.
If the travel insurance policy was purchased before the bad weather announcement was made and your vacation is cancelled as a result of the conditions, you will be covered.
Key man life insurance policies are purchased by companies to provide financial security to the business.
Different types of insurance companies may be more or less expensive depending upon the type of policy you are purchasing as well.
These three obstacles are put into place to ensure a life insurance policy is purchased with good intentions.
Interest sensitive and traditional life policies are purchased on either a variable or fixed dollar basis.
When a life insurance policy is purchased through a life settlement, the new owner — an institutional investor — becomes the beneficiary, but they also assume all premium payments.
Term policies are purchased for periods of time such as 20, 25 or 30 years.
You can either buy a brand - new policy or use an existing policy if the life insurance policy was purchased during your marriage.
Wind / hail and hurricanes are covered by standard homeowners insurance; flood and earthquake policies are purchased separately by homeowners.
Please understand, if a fixed coverage policy is purchased, it is only going to pay as specified.
They are still good quality plans though — the days of Swiss - cheese coverage are over, regardless of how policies are purchased.
These indexed policies were purchased primarily to use for retirement income.
Are you familiar with this type of request that in addition to renters personal property and liability that a separate public liability policy be purchased by tenant naming landlord as additional insured?
At the time the disability policy is purchased, you can select the appropriate elimination period that best meets your needs.
Top up insurance: A top - up policy is purchased by travellers who already have emergency medical travel insurance coverage, although not for the full duration of the trip.
Since final expense policies are purchased to pay for funeral and other final expenses, it's important the funds are received rather quickly.
Term Life policies are purchased so that your dependents will be financially secure even in your death.
With a joint life insurance policy, just one single policy is purchased instead of two separate plans.
Traditional policies are purchased in blocks of three, six, or twelve months worth of coverage.
A discount of 20 % off of the premium will be applied if the CSA travel insurance policy is purchased within 20 days of departure.
Generally, this type of policy is purchased in «units», where each unit is equivalent to $ 1,000 in coverage.
Normally, the insurance company will require that these adjustable insurance policies be purchased with a minimum face amount of $ 25,000 of permanent life insurance.
There is really no better way to remove a huge financial burden from dependents / family members than to ensure that a perfectly tailored insurance policy is purchased at the right moment.
Basically, an agreement is made under which a life insurance policy is purchased on an individual.
Term life policies are purchased for specific number of years.
If term policy is purchased they usually opt for a 10 year or 20 year term life insurance policy.
Life insurance policies are purchased by policy owners for different sets of reasons.
The rider on a life insurance policy is purchased separately from the policy and it will provide additional benefits, typically at an additional premium cost.
If a whole life insurance policy is purchased when young and healthy the premiums can be substantially lower than purchasing a similar policy later in life.
Rolling Brook Village renters insurance is both inexpensive and easy to set up as policies are purchased in a few minutes.
However, unlike burial insurance, a pre-need funeral coverage policy is purchased from the funeral home where the person intends to have their services.
Dan is awesome as well with keeping in touch after the initial policy was purchased too.
If a permanent policy is purchased they usually cease payment or make the employee take over payments on the policy at date of retirement or termination, but every company has it's own policy in terms of compensation.
You need to fully understand the contents of the Illinois renters policy you are purchasing.
Purchasing life insurance can yield a number of benefits, but most policies are purchased as a way to help your family financially in the event you pass away.
It can only be added at the time the OPTerm policy is purchased.
A court ruled that the benefit from a phrase life insurance coverage is highly recommended community property in a divorce in the event that policy was purchased throughout the marriage and both spouses contributed to your premiums while married.
Therefore, it is important for a policy holder to understand that they may still owe on the loan even though the GAP policy was purchased.
Oftentimes, these particular policies are purchased for the purpose of paying for final expenses.
Reimbursement for cancellation may be only up to the specified coverage amount (often times only 50 %) as stated in the specific policy you are purchasing.
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