Sentences with phrase «premium during the term»

The sum assured gets pooled in the form of premiums during the term of the policy.

Is the insurance company required to adjust my premium during the term?

Insurance companies also provide a grace period after the due date and if you will fail to pay your premium during this term, you will not be entitled to get a claim.

LIC»S Accident Benefit Rider is available as an optional rider by payment of additional premium during the term of policy.

You simply pay the monthly, quarterly or annual premium during the term of the policy (usually 25 or 30 years) and as long as you continue to pay the premium, you will continue to carry life insurance until the term ends.

Not exact matches

Meanwhile, the CBOE volatility index (which measures option premium costs and is a very good intermediate - term indicator) remains at an uncharacteristically low 20 % reading, with virtually no increase during the recent selloff.

Additionally, policymakers had previously acknowledged rate cuts» ineffectiveness at pushing down term premium at the start of Great Recession, but «tantrum fears» had subsequently fueled «policy cognitive dissonance» to argue otherwise during policy normalization.

A decomposition of 10 - year US Treasury yields into a future rate expectations component and a term premium suggests that declining term premia drove long - term rates lower both now and during the mid-2000s «conundrum» episode.

However, during this time frame, your premiums will be assessed each year and will increase as you get older, unlike level term life insurance.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

If you don't die during the term of coverage, the insurer will return a percentage or the entire amount of premiums paid.

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.

He measures the attractiveness of adding anomaly premiums to the benchmark portfolio by comparing Sharpe ratios, Sortino ratios and performances during recessions of five portfolios: (1) a traditional portfolio (TP) that equally weights equity, term and default premiums; (2) an equal weighting of size, value and momentum premiums (SVM) as a basic anomaly portfolio; (3) a factor portfolio (FP) that equally weights all 10 anomaly premiums; (4) a mixed portfolio (MP) that equally weights all 13 premiums; and, (5) a balanced portfolio (BP) that equally weights TP and FP.

Thirst for premium whisky pushes Scotch export values up, volumes down in H1 2017 Scotch whisky exports were up more than 3 % in value terms during the first six months of 2017, though volumes dropped... read more

At certain points during the period of coverage, you can convert your term policy to a permanent life insurance policy (such as a whole life insurance policy or universal life insurance policy) and premiums are determined by your original health rating.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

Level premium policies have premiums that remain fixed during the term, while others have premiums that increase over time.

In a term life insurance policy, you pay an annual premium that covers the risk of death during that year.

You choose a death benefit and pay a premium for a certain «term» and if you die during the «term» the insurer pays out the death benefit to your named beneficiary.

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.

That 2 % is a long - term average, during the market panic in the fall of 2008, their options were generating 8 % per month in premiums.

ROP policies offer you a chance to hedge your bets, providing insurance protection for your loved ones during the term of the policy, while providing you with the ability to regain the money spent on insurance premiums if you outlive the policy payment period.

As long as premiums are paid, the company can never cancel your coverage or increase your premium during the stated term, even if you develop cancer or other health conditions.

Guaranteed Protection If your application is approved and as long as your premiums are paid, the company can not cancel your policy during the stated term, even if you develop cancer or other health conditions.

If the policyholder dies during the term — and he or she has paid the premiums on time and the policy is in good standing — the beneficiaries listed in the policy will receive a death benefit.

You pay a monthly premium - $ 500,000 of coverage for a twenty - year term will cost around $ 30 per month for a healthy male in their mid-30s - and, in return, your survivors will receive a tax - free lump sum of money if you die during the term.

Return of premium term life insurance is the only type of term life insurance in which you get a refund of your paid premiums if you do not die during the term.

Term premiums are inexpensively priced, because the insured is not expected to die during the term perTerm premiums are inexpensively priced, because the insured is not expected to die during the term perterm period.

Guaranteed Rates: A life insurance policy provision that guarantees the premium rates will not change during the entire term of the policy.

With level premiums you do not need to worry about increasing premiums during the policy term.

Term life insurance with premiums that do not change during a specified number of years, called the level term perTerm life insurance with premiums that do not change during a specified number of years, called the level term perterm period.

A Term Life policy offers coverage only if death occurs during a specific period of time, which coincides with the terms in which the insured member is required to make a monthly premium.

The higher a risk you are to insure, the more likely you'll die during the term of your policy, and the higher your premiums are going to be.

What this means for term insurance is that renewal premium also rises exponentially, such that they become unaffordable during retirement.

i have learnt news from market that is few insurance companies are returning back premium amt after completion of term which would deposited during tenure.

Since these needs are usually most necessary during working years, term life insurance is appropriate because it can be acquired at a lower initial premium than permanent insurance and cancelled when the specific family need is fulfilled.

Conversely, if there are members of the household who will require many medical services, you should buy into a plan that costs more in monthly premiums, but which offers more comprehensive coverage and lower out of pocket expenses during the course of long term treatments.

The word «term» relates to the period during which the premiums are fixed.

You pay premiums during the length of the term, and if you die during that time period, the insurer pays your beneficiaries.

If you die during the policy term, the policy pays out the predetermined sum of money (or death benefit) to your named beneficiary (ies) as long as you continued to pay your premiums on time.

While initial premiums are higher than with a typical term policy, it is possible for coverage to continue until death of the insured, and cash value may accrue in the policy on a tax - deferred basis that can be used to help meet financial needs during your life.

The policy does not build cash value and if you don't die during the term, the policy ends and you do not get any money back unless you chose a return of premium rider.

Premiums Won't Change With Brighthouse Guaranteed Level Term, premiums will not increase during your clients» level premium periods — whether a 10, 15, 20, or 301 yePremiums Won't Change With Brighthouse Guaranteed Level Term, premiums will not increase during your clients» level premium periods — whether a 10, 15, 20, or 301 year tTerm, premiums will not increase during your clients» level premium periods — whether a 10, 15, 20, or 301 yepremiums will not increase during your clients» level premium periods — whether a 10, 15, 20, or 301 year termterm.

Most people get term life insurance, where you get life insurance for a predetermined number of years and pay premiums during that time.

The premium paid for this policy remains level, guaranteed to not increase during the term.

Top up for ICICI Pru Group Gratuity and Canara HSBC eSmart premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Wealth Accumulation Privilege and Bharti AXA eProtect Plus premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Saral Swadhan Plus and Aegon Life iReturn premiums, is an extra amount of money that you can pay at any time during the policy term.

Top up for Canara HSBC Smart Future Income and LIC Jeevan Shikhar premiums, is an extra amount of money that you can pay at any time during the policy term.