Sentences with phrase «policy period»

This plan continues even if during policy period the life assured passes away.

Depending on the visitors insurance policy you buy, you will either have a per incident or per policy period deductible.

On average, 16 - year - old males pay $ 295 more per 6 - month policy period for insurance than their female counterparts.

In death claims within policy period, full sum insured and G / A for up to the specified period are paid.

After the demise of life insured, the premiums for entire policy period is waived off.

The cost is $ 35 to $ 45 for a one - year policy period.

Should a customer surrender it as soon as the minimum policy period expires, or should they wait a while longer?

I am hoping a return of more than 10 % over policy period.

It is advisable to go for a long policy period when young, as with age the responsibilities increases, and number of dependents too.

As long as you continue to pay your premiums, your coverage won't be affected until your 12 - month policy period ends.

The bad news is that multiple claims may cause your insurer to raise your rates or decide to not renew your policy at the end of your current policy period.

Non renewal is a decision by the insurer not to take on a policy holder for another year or for another covered policy period.

You could receive a discount at renewal if for being claim - free during the previous policy period.

Policy period include premium payment period plus payout period plus deferment period (if any).

Length: One - time - only discount usually; if you continue with new insurer, then you may be eligible at next policy period for renewal discount.

Limited premium payment for 7 years with policy period of 15 years.

A renewal notice will be sent to you approximately a month before a new policy period begins, depending on the regulations in your state.

The coverage will be available only for a maximum of two claims during your motor insurance policy period.

If it happens a second time during the same policy period, you might see a surcharge.

Any diagnosis of diseases / undergoing of surgery / occurrence of event, whose signs or symptoms first occur within 90 days of Policy Period Start date.

But, once you are through the initial policy period your insurance rate should stay the same through each policy renewal unless you make a change.

A building may or may not burn down during a given policy period.

Yes, I have a few traditional endowment policies with policy periods ranging in the 20s.

Third party premium by regulator gets fixed today for full policy period i.e. buy two or three years policy today to realize savings.

* Please note: In case your travel dates fall within multiple policy periods, the remaining balance will be due at the earlier date.

As the name suggests, in this case, the insured needs to pay only once a lump sum amount and gets coverage throughout the chosen policy period.

And then the second number is the aggregate limit of a policy, and it's the most a carrier will pay for all claims made during the single policy period.

Overall, the results indicate that commodity futures provide diversification benefits for investors during both expansive and restrictive monetary policy periods.

Usually «one - vehicle claims» will be reported to underwriters to take into account when assessing the premiums the following policy period.

Only the third claim arose from an injury that occurred during the umbrella policy period.

The «claims made» form provides liability coverage when a claim is first made during the existing policy period for an injury or damage incurred within the policy year or prior.

In single premium policy, the premium for the entire policy period is collected in advance.

So if you survive the complete policy period, you will get no benefit.

Under the former, there is no fixed policy period and benefits are provided to the insured till the time of his / her death.

Last minute bookings: for reservations received within the cancellation policy period, and should the booking be cancelled, full cancellation fees will apply.

Once enrolled in the plan it is for the full policy period indicated below.

With term life insurance there is less risk since the insurance company will not necessarily pay out a death benefit during the shorter policy period.

This is the maximum amount of money that an insurer is contracted to provide the policy holder in a specific policy period.

All car insurance policies have a definite policy period.

As an alternative, you could explore term plans that have increasing or decreasing sum assured; or buy term plans of smaller denomination with varying policy periods.

The deductible can be per injury / illness, once per policy period, or once per year depending upon the insurance policy you purchase.

You can cancel your bike insurance renewal policy at any point of time but you are advised to apply for cancellation during the end of policy period.

Only in death case within policy period, full sum insured amount is paid.

A level term policy will keep the premiums and the death benefit the same for the entire policy period.

If you can't find new coverage by the end of your current policy period, continue with your current provider until you find a new policy.