Sentences with phrase «policy expiration»

Earn an early shopping discount Many auto insurance companies offer discounts to your premium if you shop well in advance of your current policy expiration date.

At policy expiration, the policyholder is not guaranteed new coverage at the same terms.

In most cases these are completed within 75 days after policy expiration.

The policy holder must also communicate the same to the existing insurance company, at least 45 days ahead of the scheduled policy expiration.

You should note the important dates, including the renewal date, term expiration date, conversion period and policy expiration date.

Pre policy expiration: In this case, the customer has to inform team Bajaj Allianz about their travel insurance extension requirement.

Post policy expiration: In such scenario, customer has to inform team Bajaj Allianz about their policy extension requirement along with the reason of delay in request.

A customer is defined as having a lapse in coverage if the time between the previous policy expiration date and the new policy effective date at Electric Insurance is one (1) or more days.

This dividend, which will total nearly $ 1 million, will be paid at policy expiration and represent the fourteenth time since 1999 that Lawyers Mutu... Read More

This type of Life Insurance has no cash value, i.e. no benefits are paid when the policy is expired or the insured person dies after policy expiration.

Guaranteed renewable to age 65 simply means, as long as you pay your insurance premiums, the insurance company can not cancel your policy until the policy expiration date.

If you don't die before the policy expiration, you get back your premiums plus interest, minus expenses.

The benefit to term life is that it is much less expensive than whole life, but the con is that it does indeed expire and will not provide any benefit if the policyholder lives past the policy expiration.

If you die before the policy expiration, the insurer pays out a full death benefit.

When new certificates arrive they should be reviewed to ensure coverage, limits and policy expiration dates are still acceptable to your agreement; • Ask to be added as an additional insured on their policy.

If your policy expires before the 90 days have passed, the coverage ends on the policy expiration date.

It's also important to note that in many cases, the policy actually expires just after midnight at 12:01 a.m. on the policy expiration date.

Your current insurance policy ends on your policy expiration date, which is found on your current policy documents, Declarations Page (Dec Page), insurance identification card or recent cancellation notice.

As mentioned earlier this means that at the policies expiration you can turn it into a permanent life insurance product.

Pro Rata Cancellation: Termination of an insurance contract before the policy expiration date on which the premium returned to the insured person is adjusted in proportion to the amount of time the policy was in effect.

If they intend to close their policy, they should make a formal request to do the same, at least 30 days in advance, prior to the policy expiration date.

For any claim which arises before the commencement of the policy coverage and after the policy expiration

Guaranteed renewable to age 65 simply means, as long as you pay your insurance premiums, the insurance company can not cancel your policy until the policy expiration date.

There can be two scenarios for travel insurance extension i.e. Pre policy expiration & Post policy expiration.

The time during your policy expirations is a good time for you to review your policy options.

You should also carry your car insurance ID, containing your car insurance company, the auto insurance policy number, and the policy expiration date, whenever you are driving.

The letter arrives 60 days before your policy expiration date.

A policy expiration date is the date on which your policy ends.

Before the policy expiration, the policy owner has the option to convert the policy to a permanent coverage if insurance is still needed, or let it lapse and stop paying premiums.

It might mean waiting it out until the policy expiration because it could actually be cheaper since you'll save yourself from having to pay that fee.