Sentences with phrase «policy is purchased»

When a new life insurance policy is purchased, the agent or broker representing the insurance company in the transaction usually receives a fee which is computed as a percentage of the premium.

Coverage will last throughout the school year, as long as the policy is purchased before the first day of classes.

And even though the argument could be used that you are still young, keep in mind that the earlier in life a whole life policy is purchased, the lower the premiums will be.

The amount of time suicide can be excluded is governed by the laws of the state in which the policy is purchased.

With a wealth replacement trust, an irrevocable life insurance trust is established at the time the second to die life insurance policy or permanent policy is purchased.

The cost differential can be very affordable if the «ROP» policy is purchased in your 20's or 30's.

This means, at the time a policy is purchased, anything that could be reasonably expected to interfere with the trip will not be covered.

Agents can also explain policy options and provide support after a policy is purchased.

Since these questions often arise, it is important to first learn all that you need to know regarding Hot Springs renters insurance before a policy is purchased.

After a term life policy is purchased, it's important for the owner of the policy to review it regularly, particularly in case of major life events, to ensure the policy's coverage and ownership remain on track with its purpose.

- Insurance companies generally don't bother with their clients once the policy is purchased.

The allocation percent will depend upon the age at which the policy is purchased and the chosen sum assured.

In most cases, a life insurance policy is purchased to provide financial protection to your family until your mortgage and debts are paid off and your children have moved out.

The younger you are when a policy is purchased in your name, the lower the monthly premiums.

It can also be wise to ensure that the policy is purchased from a good, reputable life insurance company that is strong and stable from a financial standpoint, and that has a positive reputation for paying out its policyholder claims.

This is mainly because people are not entirely aware of the purpose for which this policy is purchased.

Effective Coverage works directly with the leasing office so that your Spicewood Springs Apartments renters insurance is sent electronically to the office instantly when a policy is purchased.

If a policy is purchased to cover $ 3,000 but the traveler only has a $ 2,500 exposure, then the maximum that a claim will pay is $ 2,500 thus, the traveler has over insured.

The premium for an umbrella insurance policy may be less expensive if the policy is purchased from the same insurer that provided the original auto, home or watercraft insurance.

Lastly, this benefit is only an option if the policy is purchased within a short time from the initial trip deposit date, normally about 14, 21 or 30 days.

The monthly rates for a policy with $ 500,000 of coverage will generally be lower when a policy is purchased at a younger age.

First, it is only available if the policy is purchased within a short time from the trip deposit date, anywhere from 9 to 30 days.

The rates for term life insurance can vary depending on the age of the individual and the coverage amount when a policy is purchased.

Suppose a policyholder is 8 years old or more than 8, then the risk calculation starts immediately after the policy is purchased.

Life insurance death benefits are usually paid out in a lump sum, agreed upon when the policy is purchased.

HTH Worldwide and CSA Travel Protection both have plans that waive the pre-existing condition exclusion if the policy is purchased before the final trip payment.

Unlike whole life insurance that is in effect for the insured person's entire life, term life insurance is only available for the period of time that is selected when the policy is purchased.

Like most life insurance, premiums depend on your age when the policy is purchased.

If a policyholder is not satisfied with the «Terms and Conditions» of the policy, he / she may return the policy to the Corporation within 15 days (30 days if this policy is purchased online) from the date of inception of the policy stating the reason of objections.

A Group term policy is purchased by an organisation, to cover a minimum number (group) of employees.

While most travel insurance policies look at the two events through a similar lens, how they are covered depends on when a travel insurance policy is purchased.

This benefit is usually only available if the policy is purchased within 7 - 21 days of the initial trip payment and 100 % of pre-paid and non-refundable trip costs are insured.

The rate of return on the cash value is fixed when the policy is purchased, and usually hovers around 4 %.

Occupation plays a key role when a car insurance policy is purchased - it determines the quantum of car insurance discount you will qualify for.

Many providers offer coverage if the policy is purchased within a certain number of days after the initial trip deposit was made.

For example: If a 10 - year term life policy is purchased for $ 50 per month, and the insured outlives that time period, with this rider, the policyholder would have up to $ 6000 in premium returned.

In order for an event to be covered under Tin Leg policies, it must meet the following requirements: Occur after the policy is purchased Result in the complete cessation of travel services at... Read More

In case, the life insurance policy is purchased after 1st April 2012 in the name of self / child / spouse, then the premium paid towards life insurance policy is eligible for the tax benefit of up to 10 % of the sum assured.

Pre-Existing Condition coverage applies to the traveler and their traveling companions as long as they are stable at the time the policy is purchased.

In order for an event to be covered under Tin Leg policies, it must meet the following requirements: Occur after the policy is purchased Result in the complete cessation of travel... Read More

A few providers offer coverage if the policy is purchased before the final payment date.

The policy is purchased in the grandchild's name, and then once adulthood is reached, the grandchild becomes the policy owner.

This means that, for two years after your policy is purchased, your insurer has the right to cancel your policy or challenge a claim if it is determined you misrepresented your condition.

However, individuals can claim on behalf of their parents if the policy is purchased in the parent's name.

The free look period will be 30 days if the Policy is purchased through distance marketing mode and Policy Tenure is 3 years.

When a policy is purchased, a specific death benefit is chosen.

With a joint life insurance policy, just one single policy is purchased instead of two separate plans.

Name of the Insured — The person on whom the policy is purchased and the one upon whose death the policy will issue payment.

With whole life insurance, the premiums and death benefit are fixed when the policy is purchased.

Generally, this type of policy is purchased in «units», where each unit is equivalent to $ 1,000 in coverage.