Sentences with phrase «policy is typically»

The liability limit of the owner's policy is typically the purchase price paid for the property.

This type of policy is typically written for landlords with an empty rental, but can also be used by renters who are temporarily staying in another location.

This type of policy is typically only available for moderate face values or has exclusions that prevent people from abusing the policy.

Most people are able to qualify for these types of policies, but the upper limit for the face value of the policy is typically low.

The owner of the policy is typically the insured.

The amount of interest you can earn on the policy is typically fixed, but there are variations.

A replacement - cost policy is typically more expensive than one that covers you for ACV, but it would ensure that you would suffer less of a financial loss in the event of a claim.

The personal property protection part of the policy is typically lower than the value of the average person's actual owned property.

A final expense life insurance policy is typically purchased with the intent of paying off one's funeral and other final expenses.

An annually renewable term life insurance policy is typically cheaper than a level term policy to start.

When purchasing a joint life insurance policy it is typically a good idea to purchase a death benefit equal to between 20 and 30 times the combined annual income of the couple if both are employed.

A whole life policy is typically a policy which runs as long as the policyholder is alive.

The very least amount you can invest in an SPL insurance policy is typically $ 5,000, which can make it too expensive for some investors.

A car insurance policy is typically a pre-defined set of benefits.

Adding the SR22 documenting to your current policy is typically the most reasonable approach to go.

Also known assurvivorship life insurance or second to die life insurance, this type of policy is typically used to pay estate taxes upon the death of the second insured.

This type of policy is typically use for estate planning purposes but is also often used for parents of children with special needs.

Also known assurvivorship life insurance or joint survivor life insurance, this type of policy is typically used to pay estate taxes upon the death of the second insured.

Also known asjoint survivor life insurance or second to die life insurance, this type of policy is typically used to pay estate taxes upon the death of the second insured.

The death benefit amount on a final expense life insurance policy is typically somewhere between $ 5,000 and $ 25,000 — which in most cases is enough to pay for one's final expenses.

The death benefit from a survivorship life insurance policy is typically calculated to pay federal estate taxes and other estate - settlement costs owed after both spouses pass away.

A permanent policy is typically not the right fit if you're looking to simply acquire financial coverage for your family in the case that you pass away, as term coverage will offer the same death benefit with much lower premiums.

The death benefit of a variable life insurance policy is typically structured in one of two ways:

A no medical exam policy is typically designed for people with pre-existing conditions like heart complications, diabetes, or anyone diagnosed with cancer.

This policy is typically purchased as a cost - of - living rider for an existing whole life policy.

A participating policy is typically issued by a mutual life insurer whose profits (surplus) are for the benefit of its policyholders.

A term insurance policy is typically more affordable than a permanent policy such as whole life.

A fully underwritten life insurance policy is typically how life insurance is purchased.

Buying a life insurance policy is typically a wise move when you have beneficiaries to take care of and debts to pay off.

Price of policy is typically higher than the average policy holder.

A Business Owners policy is typically available to businesses and industries that are viewed as having relatively low liability exposures.

An occurrence policy is typically more expensive than claims - made policy because there isn't a limit on the time a claim must be reported.

Furthermore, the gains associated with the death benefit of a life insurance policy is typically not subject to ordinary income tax.

While a permanent policy is typically more expensive, it may be the wiser long - term option.

This type of policy is typically portable so coverage can continue if employment terminates.

A 12 - month policy is typically more convenient as well.

A joint life insurance policy is typically permanent universal life insurance.

Here's how your policy is typically divided, along with the most common coverage amounts in the U.S.

In response to the question, Jilian Mincer said the death benefit for an individually - owned life insurance policy is typically tax - free, according to James R. Allen, director of MetLife Investors Wealth Advisory Group.

Cashing out a policy is typically the term used when someone surrenders a contract.

The underwriting or approval process for a disability insurance policy is typically much more in - depth.

Participating Policy A participating policy is typically issued by a mutual life insurer whose profits (surplus) are for the benefit of its policyholders.

A long - term disability insurance policy is typically going to have a benefit period of at least 2 years, and in most cases will last 5 years, 10 years, or even until retirement at age 65 or 67 (or even older).

The death benefit for a life insurance policy is typically provided in a lump sum equal to the amount of the policy.

This type of policy is typically less expensive than Whole Life Insurance, and can be structured to deliver level premiums and guaranteed death benefit... for life.

The «life» of a whole life insurance policy is typically structured to be paid until age 100 if you can live that long.

The planned premium in a non-guaranteed policy is typically calculated using the more favorable current illustration.

Also, the face amount of coverage on a final expense life insurance policy is typically lower than that of a traditional life insurance policy.

Final expense policy is typically issued to older individuals who don't have life insurance coverage and don't have enough savings to pay for their own funeral.

A homeowner's insurance policy is typically comprised of four main elements that offers financial protection when bad things happen.