Sentences with phrase «policy type purchased»

Depending on the policy type purchased, premiums can be: level (stay the same for the life of the policy); attained - age (rate changes after each birthday); community - rated (the same for everyone in a particular area); age - banded (the same for everyone within the same age group or range), or various other methods.

Not exact matches

Annual renewable term life insurance (ART) is a type of term life insurance policy that allows you to purchase one year of coverage at a time.

On average, companies are legally required to purchase this type of policy once they reach or exceed 3 full - time employees including owners.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

more likely to purchase different types of insurance products from the same provider than actively disengaged policy owners.

A youth sports organization of any type should purchase at least four different insurance policies, which are the following:

Support success tip: Before committing to buy specific technology, talk to the principal and the district technology coordinator — they'll have a sense of what type of tech the district is moving toward as well as any policies the PTO must follow to donate money for those purchases.

Add a photo of your vehicle and track things like VIN, Year, Make, Model, License Plate, Oil Type, Tire Size, Date Purchased, Price Paid, Initial Mileage, Insurance Company, Policy Number, and add all the extra notes you want.

In general, they have a policy of not allowing super-sexy comics or other material for in - app purchase (violence seems to get a pass), perhaps because they see different audiences for the two types of reading — and it may be that younger readers are more likely to use in - app purchases than the grownups.

Almost all of the quote calculators online generate some version of an HO - 3 policy form, the most common type of policy purchased.

While there are several types of life insurance, the most commonly purchased types of policy are whole and term life insurance.

However, you will need to purchase additional insurance if you plan to go to Mexico, as this country does not accept most types of foreign insurance policies.

While not required otherwise, anyone renting any type of residence long - term — be it an apartment or single - family home — should strongly consider purchasing a renters insurance policy.

This type of insurance product can be purchased as a separate policy or as an endorsement.

When you purchase a policy, you will select coverage amounts for three different types of coverage:

There are two basic types of life insurance you can choose from when you purchase a policy:

Women purchasing policies to cover maternity leave find this type of comparison most valuable.

Which means that you made the decision to get your life insured, that way, if you develop some type of health condition that would either make it impossible or cost prohibitive to purchase another policy, you can always convert your term policy to permanent coverage, regardless of your health condition.

You will need to purchase a different type of policy and / or policies to ensure you have the appropriate coverage.

When purchasing life insurance coverage, it is important to determine what type of policy — as well as how much in death benefit (face amount)-- will be right for you and your survivors.

This is a greatly simplified example: The numbers will vary significantly depending on the life insurance company, the type of policy you purchase and, in some cases, current interest rates.

Two types of universal life insurance: The «Single - Premium» universal life policy can be purchased with a single lump - sum payment.

One of the perceived types of risk is «last second» policy purchases.

For example, if you're borrowing money from a mortgage lender, they may dictate the type of policy you must purchase — usually an HO - 3 policy.

With this type of policy, buyers can feel confident purchasing a new home years before they would have otherwise been able to, even with a small down payment.

If you are considering purchasing a life insurance policy, you owe it to yourself and to your loved ones to get the facts and choose the right type of life insurance for your situation.

Before purchasing a no exam life insurance policy, though, it is important to make sure that you are moving forward with the right type and amount of protection.

Concerning these types of policies, the additional benefit rider is usually a wise purchase in order to obtain maximum guarantees.

When choosing a life insurance policy, it is essential to ensure that you are getting the right type and amount of coverage, and also to make sure that the insurance company you are purchasing from is strong and stable financially, and that it also has a good reputation for paying out it insurance claims.

For certain individuals, it may be more prudent to purchase a term life insurance policy with lower premiums for a fixed amount of time and take the difference in savings between the two policies and invest in different types of stocks, bonds and mutual funds which may lead to higher returns and a more diversified portfolio.

Additionally, they can be one of the most confusing types of policies that you can purchase.

This important whole life insurance policy is typically purchased to cover the cost of a funeral and burial and, sometimes, other expenses that must be paid to close an estate, such as credit cards and other types of small loans or bills.

Another major factor influencing your life insurance costs is the type of policy you purchase.

The features of a million dollar policy depend on the type of the policy you purchase.

Although this type of policy is also renewable, it can be significantly more expensive to renew because you will have aged 20 years since the original purchase, and the premium increase will reflect this age difference.

The only way to determine how much a policy will cost you requires you to assess your coverage needs, decide which type of policy to purchase, and then compare rates from at least three different insurance companies.

There are several types of annuities but they can be generally categorized according to how the annuity is purchased (simple or flexible premiums); when the annuity payments begin (immediate or deferred); and how the policy value is invested (fixed or variable).

When purchasing a final expense life insurance policy, it is important for an applicant to determine the type of coverage that they need — term versus permanent — as well as the amount of coverage that will be appropriate for their specific needs.

And although almost all home insurance covers fire damage, the size of the payout will be calculated based on factors including the type of damage, value of goods in the house and the type of policy purchased.

Salespeople can be very persuasive but when you are covered by Australian Consumer Law, this type of policy can be an unnecessary purchase.

Fortunately, in this type of situation, your landlord insurance policy may be able to shield you from the losses associated with these problems and will typically include coverage for court costs and legal defense fees, up to your purchased coverage limit.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).

As of 2011, whole life policies purchased rose to 31 % of all life insurance policies, making them one of the most popular types of permanent life insurance.

If you're interested in purchasing a life insurance policy to provide financial protection for your family after your death, this type of policy may be more than you need.

When you are considering the purchase of a life insurance policy, it is vital to ensure that you have the right type and amount of protection for your specific needs.

Make sure, though, that you speak with your insurance agent about this type of insurance before you purchase a policy.

Policies of this type were often purchased to provide for a mortgage repayment in the event of the insured's death.

Death benefit amounts can sometimes vary year to year depending on the type of policy (universal or whole life) that is purchased.

Deciding which type of life insurance policy to purchase can seem daunting at first due to the terminology, legal requirements and explanations of various benefits.

Depending on the type of policy you have, you may be able to increase your coverage within that policy or you may purchase additional policies to increase your coverage.