Not exact matches
The guaranty association of Indiana will pay
policyholders beneficiaries their death benefit
up to a
certain amount and additionally, life insurance policies will continue should a life insurance company not be able
to be financially responsible.
These critical illness insurance policies directly pay health providers for the treatment costs of critical and life - threatening illnesses covered by the
policyholder's insurance policy, including the fee of specialists and procedures at a select group of high - ranking hospitals
up to a
certain amount per episode of treatment as set out in the policy.
Under a settlement option, the maturity
amount entitled
to a life insurance
policyholder is paid in structured periodic installments (
up to a
certain stipulated period of time post maturity) instead of a «lump - sum» payout.