If the person covered by the life insurance
policy dies within that term, the beneficiary (in this case, their parent) will receive a death benefit.
Under this benefit, in case the holder of
the policy dies within the term of the policy than the sum assured on death plus simple reversionary bonuses and the Final Additional Bonus is there then it will be given.
Not exact matches
As the name implies,
term life insurance will provide a death benefit if an individual
dies within the
policy's
term, up to 20 years typically.
Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the pol
Term life insurance is a life insurance
policy that provides a death benefit to the policyholder's beneficiaries if that person
dies within the specified «
term» of the pol
term» of the
policy.
If the insured
dies within this
term (10, 15, 20, 25, 30, or 35 years), the life insurance company pays a lump sum death benefit to the
policy's beneficiaries.
If the policyholder
dies within the predetermined
term, the
policy beneficiary will receive a payout.
Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the pol
Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder
dies within the
term of the pol
term of the
policy.
Term life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the pol
Term life insurance pays a death benefit to the
policy beneficiary if the policyholder
dies within the
term of the pol
term of the
policy.
Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the pol
Term life insurance
policies are temporary and only pay out a death benefit to the beneficiary if the policyholder
dies within the
term of the pol
term of the
policy.
Your payment is fixed for the entire length of the
policy and the amount of the payout to your loved ones — if you were to
die within the
term — is fixed when you buy the
policy.
Term life insurance policies pay a death benefit if the insured person dies within the policy term, such as 10, 20, or 30 ye
Term life insurance
policies pay a death benefit if the insured person
dies within the
policy term, such as 10, 20, or 30 ye
term, such as 10, 20, or 30 years.
A
term policy covers the insured for a stated period of years and pays a benefit only if the insured
dies within that
term.
If you
die within the
term and there is a loan against the
policy, your beneficiaries will receive the death benefit minus the loan plus interest.
Terminal illness cover is designed to cover you if you
die or are diagnosed as being terminally ill during the
policy term, and in the opinion of your hospital consultant and our medical officer, the illness is expected to lead to death
within 12 months.
Term life coverage means that the face value of your policy will be paid to your beneficiary if you die within the term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premi
Term life coverage means that the face value of your
policy will be paid to your beneficiary if you
die within the
term period and not afterward — unless the term policy is renewed upon its expiration, which almost always means higher premi
term period and not afterward — unless the
term policy is renewed upon its expiration, which almost always means higher premi
term policy is renewed upon its expiration, which almost always means higher premiums.
And here's the bottom line: all life insurance
policies promise to pay an agreed - upon sum of money should you
die while your
policy is in - force (that is, while you're paying your premiums on time and while you're still operating
within the
terms of your contract).
Term life insurance is purchased for a defined period; if you
die within that period, your family will receive the money from your life insurance
policy.
And if he doesn't
die within that
term policy timeframe, 20 years let's say, but he's saved X amount of dollars throughout, because he didn't have a larger premium to put in the insurance
policy, and then now he's got this bag of money, then the child can have the bag of money.
If the person taking out
term life insurance
dies within the time that the
policy is active, beneficiaries get their due.
If the policyholder
dies within the
term of the
policy — and the policyholder has paid the premiums and the
policy is in good standing — the insurance provider will pay a death benefit to
policy's named beneficiaries.
After all, life insurance is based on risk factors, and the older that you are the greater the risk you present to the insurance company of
dying within the
term of the
policy.
You choose the length of the coverage, also called the «
term» of the policy (Term 10, Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amo
term» of the
policy (
Term 10, Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amo
Term 10,
Term 20, Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amo
Term 20,
Term 50) in years, and if you die within this time period, your beneficiaries will receive the coverage amo
Term 50) in years, and if you
die within this time period, your beneficiaries will receive the coverage amount.
The premiums are much lower and the credit requirements of the purchaser also less stringent because the customer is assuming a greater risk than with a whole life
policy — that if they
die it will be
within the pre-specified
term.
For their beneficiaries to receive death benefits, traditional
term life insurance policyholders must
die within the specified
term of their
policy.
A no medical exam
term life insurance
policy protects the policyholder if they
die within the specified period (such as 10, 15, 20, 25, or 30 years).
It pays the full face amount of the
policy in case the insured
dies within the
term (coverage period), but pays nothing if the insured outlives the
policy.
Term life insurance policies pay a death benefit if the insured person dies within the policy term, such as 10, 20, or 30 ye
Term life insurance
policies pay a death benefit if the insured person
dies within the
policy term, such as 10, 20, or 30 ye
term, such as 10, 20, or 30 years.
A
term life insurance
policy is quite simple; if you buy a $ 250,000, 10 - year
policy, your beneficiaries receive $ 250,000 if you
die within the 10 year period of the
policy.
With a traditional
term life insurance
policy, you do not receive any premiums back if you do not
die within the
term.
Such
policy articulates the person who will obtain the proceeds, which is the amount of the death benefit, from the insurance business company whenever the designated person insured
dies within the
term of the insurance contract
policy.
Term life insurance, which pays out a tax - free lump sum if the policyholder
dies within the
policy period, is an inexpensive way to protect your family's financial future.
A
term policy covers the insured for a stated period of years and pays a benefit only if the insured
dies within that
term.
As you search for a lost
policy, keep in mind that if it was a
term life insurance
policy, then you as the beneficiary collect the benefit only if the insured person
died within the
term.
For example, if you purchase a ten - year
term policy, your beneficiaries would receive the proceeds of your plan if you
died within those ten years.
If the person
dies within the specified
term, the insurer pays the face value of the
policy; if the
term expires before death, there is no payout.
It is a life insurance benefit wherein the proceeds are payable to the beneficiary only if the insured
dies by accident
within the
policy term.
Term life insurance policies are temporary and only pay out a death benefit to the beneficiary if the policyholder dies within the term of the pol
Term life insurance
policies are temporary and only pay out a death benefit to the beneficiary if the policyholder
dies within the
term of the pol
term of the
policy.
If the policyholder
dies within the predetermined
term, the
policy beneficiary will receive a payout.
It's simple; if you
die within the
term you chose when you bought the
policy, then your beneficiaries receive the payout.
Term life insurance pays a death benefit to the policy beneficiary if the policyholder dies within the term of the pol
Term life insurance pays a death benefit to the
policy beneficiary if the policyholder
dies within the
term of the pol
term of the
policy.
Term life insurance provides coverage for a specific period of time and pays out a death benefit to the beneficiary if the policyholder dies within the term of the pol
Term life insurance provides coverage for a specific period of time and pays out a death benefit to the beneficiary if the policyholder
dies within the
term of the pol
term of the
policy.
If the insured
dies within the
term of coverage, the insurance company will pay out the designated dollar amount equal to the face value of the
policy to the beneficiaries named in the contract.
If you have a
term policy and
die within the
term, your beneficiaries receive the payout.
If the insured
dies within the first two years after the
policy is issued, a limited death benefit may be paid subject to the
terms of the
policy.
Your payment is fixed for the entire length of the
policy and the amount of the payout to your loved ones — if you were to
die within the
term — is fixed when you buy the
policy.
Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the pol
Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder
dies within the
term of the pol
term of the
policy.
With a 30 year
term life insurance
policy, your beneficiaries will be protected should you
die within that predetermined time period.
A
term life insurance
policy differs from whole life
policies in that the insured's beneficiaries only receive protection or coverage if their loved one
dies within a pre-set
term.
Term life pays a death benefit to any beneficiaries you choose, such as your spouse, if you die within the policy's t
Term life pays a death benefit to any beneficiaries you choose, such as your spouse, if you
die within the
policy's
termterm.
If you
die within the
term and there is a loan against the
policy, your beneficiaries will receive the death benefit minus the loan plus interest.