Sentences with phrase «policy benefit period»

If your policy benefit period goes to age 65, then typically it will be guaranteed renewable to age 65.

Policy Benefit Period: The policyholder will be protected for a term of 10 to 62 years depending upon chosen policy term.

Policy Benefit Period: The policyholder will be protected for a term of 10 to 30 years depending upon the chosen policy term.

If your policy benefit period goes to age 65, then typically it will be guaranteed renewable to age 65.

Not exact matches

Reworking EI benefits to be portable across provinces for a trial period garnered the most support among the respondents, since they believe such a policy change would make it easier for job seekers to move to where employment is available.

Policies typically range between $ 3,000 and $ 6,000 a year, depending on a variety of factors, such as sex, age, health status, maximum daily benefit, length of benefit and waiting period.

Specifically, benefits subject to the HP Severance Policy include: (a) separation payments based on a multiplier of salary plus target bonus, or cash amounts payable for the uncompleted portion of employment agreements; (b) any gross - up payments made in connection with severance, retirement or similar payments, including any gross - up payments with respect to excess parachute payments under Section 280G of the Code; (c) the value of any service period credited to a Section 16 officer in excess of the period of service actually provided by such Section 16 officer for purposes of any employee benefit plan; (d) the value of benefits and perquisites that are inconsistent with HP Co.'s practices applicable to one or more groups of HP Co. employees in addition to, or other than, the Section 16 officers («Company Practices»); and (e) the value of any accelerated vesting of any stock options, stock appreciation rights, restricted stock or long - term cash incentives that is inconsistent with Company Practices.

You can obtain a loan with terms that fit your needs, and the company's 10 - day payment grace period and late - fee forgiveness policy are both solid benefits.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

(It seems likely that the main rise in public spending and reduction of tax revenue over the 2008 - present period has been due to economic contraction rather than policy change - unemployed people claim benefits, don't pay tax on wages and pay much less VAT on purchases.

«Speed reductions, which are known to reduce emissions, would need to be maintained over a very long - term period in order to produce regional air quality benefits,» said James Corbett, a professor of marine policy at the University of Delaware, who has studied the impact of the shipping industry on human health.

Take the money you'll save on the shorter coverage period and buy a shorter waiting period, benefit for home care (as many policies pay out only 50 cents on the dollar for long - term - care at home), and compound - inflation protection riders.

You can purchase a policy that pays a set dollar amount per day for either some period of time or as a continuous lifetime benefit.

A person who receives such leave may be paid one - half of his or her ordinary salary during the period of such leave, or in accordance with negotiated agreement or district school board policy, and shall receive full benefits during such period.

A base rate based on your age, gender, smoking history, state of residence, benefit period, elimination period, and policy features.

The best policies have benefit periods that last until you reach retirement age.

The benefits of this type of policy are that you can get coverage for a short period and have the option to renew without going through a lengthy underwriting process.

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.

and Sum Assured on Maturity as Maturity benefit at the end of the Policy term in case the Life Insured survives till that period and all premiums have been duly paid.

If you want to lower the premiums of a policy, consider lowering the inflation protection, decreasing the term of coverage, increasing the waiting period, or lowering the daily benefit.

Your LTD insurance cost also depends on the policy's definition of «total disability», benefit period, monthly benefit amount and elimination period.

Limited pay life insurance is a life insurance contract between you (the owner / insured) and the carrier (the insurer), for the benefit of the beneficiary, that requires you to pay into the policy for a set period of time.

Apart from all these benefit SBI life Smart Money Back plan offers a free look period of 15 days under which the insured can cancel the policy if he / she is dissatisfied with the terms and condition of the policy.

The universal life insurance with long - term care rider policy provides customization of the benefits period, including 2 - 7 year benefit periods.

Benefit Period: The length of time your policy will provide benefits.

But if you die while your policy is going through the initial funding period of 5 - 7 years, you will leave behind a larger death benefit.

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.

Just keep in mind that these policies come with a waiting period, or graded benefit, meaning your beneficiaries won't receive the full death benefit if you die soon after purchasing.

Benefits are available once the policy has been issued, once the standard 90 day elimination period ends.

Premiums vary based upon the policy features you select: elimination period, benefit period, and monthly benefit amount.

Those benefits vary based on your disability and can last from several days or weeks up to a maximum period of 26 weeks, depending on the language in your policy.

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

Level term means that the death benefit remains the same during the policy period.

Long - term care policies provide a lifetime benefit or a specified benefit period from two to five years.

Will your policy provide some type of income benefits beyond the normal benefit period range of 65 - 70 years old?

A term policy covers the insured for a stated period of years and pays a benefit only if the insured dies within that term.

Anytime during the Flexi benefit period, you can decide to with draw your savings and avail the full benefits due in the policy

Flexibility of withdrawing your savings anytime during the Flexi benefit period by modifying your Policy Term while the Policy is in force.

Anytime during the Flexi benefit period, you can decide to pre-pone the Maturity benefit of your policy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (ifpolicy and enjoy the full benefits due in the Policy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (ifPolicy (i.e. 100 % of Sum Assured plus accrued bonus till date plus terminal bonus (if any).

If the insured dies during the time period specified in the policy and the policy is active — or in force — then a death benefit will be paid.

35 year old Siddharth chooses our Bharti AXA Life Flexi Save with a policy term of 20 years as he wishes to receive guaranteed benefits along with the flexibility of withdrawing money any time during the flexi benefit pay - out period.

Secure Solution long - term care insurance provides tons of options, including a reimbursement benefit for actual LTC costs and a cash indemnity benefit which pays you a percentage of the policy's home health care benefit each month, after the elimination period has passed.

In addition to allaying the concerns regarding the disadvantages of term insurance, an ROP policy can also provide the advantage of supplementing retirement benefits to the policy owner / insured at the end of the term period.

If the company finds you lied about a health condition or lifestyle, it can raise your premium, cancel your policy or deny a beneficiary's claim to the death benefit, particularly during the two year contestability period.

The policy provides income benefit periods of 2 to 8 years.

Although term life insurance does provide a guaranteed death benefit for a period of time, the nerds (actuaries) at the home offices of the major insurance companies know very well you will likely never cash in on the death benefit of a term life policy.

After a LTC benefit claim has been filed, the policy's elimination period is 90 days.

Benefit Period: The maximum length of time for which benefits will be paid under the terms of the insurance policy.

You have to look closely to see if this is contained in the policy, but it is possible that a burial policy will not pay benefits within a certain period of time.

In addition, an optional enhanced death benefit is also available if the annuity owner selects the life income option with a protected period at the time of policy issue.