Sentences with phrase «policy premium if»

Some health insurance companies offer discount on their mediclaim policy premium if you buy health insurance online from their portals.

A policy add - on that will waive the insurance policy premium if the insured is disabled for six months.

Generally, term life insurance offers the most coverage at the lowest initial premium for a set period of time.1 Plus, you can get up to 10 % off2 your term life insurance policy premium if you bundle with select TD Insurance products or you meet other eligibility criteria.

You could save about an average of ten percent on your total policy premium if you take a defensive driving class that is accredited by the state.

Add a waiver of monthly charges rider, which will waive policy premiums if you become disabled.

Universal Life Insurance and its variations add an investment element to the life insurance policy and add some flexibility to the policy premiums if the cash value from investments is sufficient.

Not exact matches

It must (1) understand all exposures that might cause a policy to incur losses; (2) conservatively assess the likelihood of any exposure actually causing a loss and the probable cost if it does; (3) set a premium that, on average, will deliver a profit after both prospective loss costs and operating expenses are covered; and (4) be willing to walk away if the appropriate premium can't be obtained.

If the quality of beans were to deteriorate, the policy could backfire by eroding the premiums over London futures paid for Ivorian beans.

While that price may feel steep to some SMBs, at the very least they can follow the advice to put into practice some kind of written security - enforcement policy, even if they opt against adopting premium - price protections.

If policy developments in advanced economies make the path for growth and debt less benign than expected, risk premiums and volatility could rise sharply.

This rider adds to the cost of your premiums but ensures that you'll receive a portion or the sum of premiums paid if you live past the term of the policy.

If they lived past their policy's maturity date, policyholders lost their coverage and received little cash value in return, since the funds had been used to pay premiums.

Although this clause is not automatically included in most modern life insurance policies, you may have to pay a higher premium if you fall into certain high - risk categories.

If you fail to pay your premium by the due date, you typically have a short time frame in which to do so before the policy lapses.

If you die during the grace period, your beneficiary will receive the full value of the death proceeds of your life insurance policy minus any premium that is owed to your life insurance company.

This clause provides that if the policyholder fails to pay the premiums on a life insurance policy, the insurance company may automatically use the accumulated cash value to pay the premiums.

If you choose to buy a new policy, you enter into a commitment that obliges you to pay premiums for a fixed term.

You wouldn't owe any taxes if the life insurance policy's cash surrender value was less than the amount you had already paid in premiums.

If you have an individual policy, life insurance premiums are not tax deductible.

If you withdraw from your policy, you will owe income taxes if the amount is more than what you have paid in premium paymentIf you withdraw from your policy, you will owe income taxes if the amount is more than what you have paid in premium paymentif the amount is more than what you have paid in premium payments.

«If premiums are paid properly and the policy is monitored through the years, permanent life can be a very beneficial financial asset that can help supplement a person's overall retirement and estate planning,» Aita said.

If you outlive the policy, you'll get refunded your paid premiums minus any loans plus interest.

If total disability begins on or after age 60, premiums are waived until the policy anniversary closest to age 65 or termination of disability — whichever is earlier.

If you develop a qualifying disability or illness, the insurer waives your obligation to pay premiums while your policy remains in force.

If a partial benefit payment is claimed, the life insurance policy can continue with a reduced death benefit and lower premiums.

FHA MIP, or mortgage insurance premium, is a type of insurance policy that protects lenders if an FHA loan holder defaults on his or her mortgage.

If you outlive the policy, you are refunded all the premiums you paid tax - free.

If you outlive the policy, you can use the refunded premiums to pay off the mortgage early.

Return of premium term life insurance (ROP) is a term insurance policy where the insurance carrier will return to you all the premiums you have paid, if you outlive your policy's term length.

If they both outlive their policies, not only can they celebrate being alive, they each receive a refund of all premiums paid.

If John is alive when his policy expires at the end of 20 years, the insurance company returns John's paid premiums, a total of $ 34,466.40.

A return of premium policy can be a great option if you're financially stable and don't mind paying more for a guaranteed refund.

For example, if you purchased a 20 - year $ 500,000 level term policy, should you die at any point during the 20 year term due to a covered event (and have paid all premiums) the beneficiary would receive a $ 500,000 payout.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

For example, if you currently have a high income but low retirement savings, you may choose to pay a larger annual premium for the first 20 years to make sure the policy is paid off then build up your savings, as opposed to paying a lower premium for your entire life.

It guarantees that the UL policy won't lapse, even if policy values drop to zero, as long as the policy meets premium payment, loan and other conditions.

If Romney wants a running mate who can explain how Republican policies can lower health care premiums, increase jobs, lower energy prices, get government to work better for less money, and maintain the safety net for our elderly while avoiding huge tax increases, then Jindal is the guy.

If your teen gets into an accident that raises your premiums, you can remove him from your policy and require him to purchase his own coverage.

«Mr. Cox: To ask the Chancellor of the Exchequer if he will bring forward measures to ensure that elderly people paying towards a funeral plan can be issued with a paid - up policy rather than continue to pay premiums in excess of the sum assured.

Proving that the pupil premium can deliver is crucial if we are to develop this policy in the future.

In the letter, Diaz zeroed in on Yankees COO Lonn Trost, who has faced criticism for saying on WFAN last week that the new ticket policy was done with the idea that some fans might feel frustrated if they were sitting near others that did not pay a premium price for certain seats.

That could be very important if the insurance company you're with decides to go out of this business and sells your policy to someone else who jacks up your premium so much you can't afford it anymore.

Choose our Disablement Premium Waiver option, which pays the premiums of your pure life and dread disease policy on your behalf for a period of up to five years if you become disabled and the full cover amount of your disablement policy is paid out

If a policy is cancelled, the insurance company no longer needs to keep the reserve to fund the policy in the later years, so it will refund to you the overpayment of premiums, called the cash surrender value.

On the other hand, whole life policies do not expire if the premiums are paid and thus the death benefit will be paid eventually provided the policy remains in force.

It is highly beneficial to continue paying life insurance premiums even if the insurance policy no longer requires it or it may be paid from the cash value.

They'll also make sure the policy in question is still in force, or active; you can only make a claim on a policy that's currently in force, so if premiums had stopped, or it's a term limit that had reached the end of its term already, you won't be able to make a claim.

If you have a cash value policy and can no longer afford to pay the contract's premiums but still need insurance, for example, your carrier may be able to continue insuring your life by using your policy's cash value to buy term life insurance.

If you buy a 10 year term policy and want to renew it at the end of that term, the premiums will be higher than what you were originally paying, so choose the length of the term carefully.

If you develop a qualifying disability or illness, the insurer waives your obligation to pay premiums while your policy remains in force.