Sentences with phrase «policy upon conversion»

The key features of the rider are: (a) you maintain the original health rating from the term policy upon conversion, even if you later have health issues or become uninsurable, and (b) you decide when and how much of the coverage to convert.

Not exact matches

But the prices of many trusts have declined, and could drop even more upon conversion, depending on their dividend policies.

It is also a major factor as a policy holder becomes capable of converting his existing policy to something else depending upon changing situations but there are certain restriction about the conversion cost, time period and also the converted amount.

Term conversions can use two different age structures, depending upon the specifics allowed by a policy.

Upon conversion your premium outlay will be more than the amount you had been paying for the term policy.

The new premium upon conversion of the policy is based on the employee's age at the time..

But I found out today that my North American policy, while convertible to a guaranteed permanent policy, loses the accelerated death benefit upon conversion.