Sentences with phrase «premium payments on time»

Because it create the premium payments on time when you die.

After taking out a life insurance policy, it is important for you to make certain to make your premium payments on time.

One way to help ensure your replica car insurance rates won't go up is to also make the premium payments on time.

A life insurance policy is said to be «In Force» or «Active» if the policy holder makes all his / her premium payments on time.

In the meantime you should always make the premium payments on time to avoid issues with the provider.

It is important to always make the premium payments on time to avoid penalties and also to promptly file claims if repairs are ever needed.

Good payer: Make all your premium payments on time with no late fees for 12 months and Farmers will lower your rates.

By making sure you pay your premium payments on time you are keeping your mortgage protection safe.

These policies are designed to last your entire life, provided you keep making your required premium payments on time.

The best way to avoid a lapse is to always make premium payments on time.

These questions will ask you about your driving experience, what kind of car you drive, and even some questions that will determine how likely you are to make premium payments on time.

We're diligent about choosing a policy that seems to best meet our family's needs and then we reliably make those required premium payments on time so we can keep the policy in - force as the years go by.

Grace period: A grace period of 30 days is allowed to the policyholder in case he is not able to make the premium payments on time.

A minimum guaranteed death benefit that won't decrease as long as you continue to make your minimum premium payments on time

As long as you continue to make your required premium payments on time, a permanent life insurance policy will remain in effect your whole life and won't expire.

Permanent life insurance differs from term in that as long as you make your required premium payments on time, the policy will never expire.

As long as you make your premium payments on time, your policy will not lapse.

The better your history and the higher your score, the less likely you are to file a claim — and the more likely you are to make your premium payments on time.

Always make a premium payment on time for a term life insurance policy, and do not miss payments.

If you do not have this rider as add on in your insurance policy and you missed a premium payment on time, then your policy will expire and your legal heirs will lose their right to claim in the event of your demise.

Keeping a regular check on your LIC policy status will help you track its progress as well as prevent your policy from lapsing, in case you weren't able to make the premium payment on time.

This is because you may miss out on paying the premium payment on time, even within the grace period, creating a lot of headache and unnecessary hassles for you.

Not exact matches

footnote ** IRA distributions received before you're age 59 1/2 may not be subject to the 10 % federal penalty tax if the distribution is due to your disability or death; is distributed by a reservist who was ordered or called to active duty after September 11, 2001, for more than 179 days; or is for a first - time home purchase (lifetime maximum: $ 10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain unreimbursed medical expenses, an IRS levy on the IRA, or health insurance premiums (after you've received at least 12 consecutive weeks of unemployment compensation).

Direct Payments allow on - time payments of insurance premiums, utility bills (power, phone, cable, water, etc), maintenance fees, and service dues, just to namPayments allow on - time payments of insurance premiums, utility bills (power, phone, cable, water, etc), maintenance fees, and service dues, just to nampayments of insurance premiums, utility bills (power, phone, cable, water, etc), maintenance fees, and service dues, just to name a few.

Often a separate company, a loan servicer processes the payments, sends statements, manages the escrow / impound accounts and makes sure that taxes and insurance premiums made on time.

But again, this is to reward people who have made their payments on time with a lower mortgage insurance premium factor monthly, and in a lot of cases a lower interest rate as well.

ANICO's GUL policy provides guaranteed death benefit protection as long as premium payments are made on time.

One true advantage of the whole term policy is that if you should fall on hard times and are not able to work, the premium payments can be taken out of the cash value.

Though the time period may vary based on your insurance company, most waiver of premium riders require an elimination period before the rider kicks in and begins to pay your premium payments.

Indigenous consumers will receive back premiums they paid within the first 5 months if they cancelled the policy or stopped making payments on the policy within that time.

With most forms of whole life, premium payments are made for life at a fixed rate, and the policy can not be canceled as long as you pay the premiums on time.

It's definately best to make your payments on the loan on time, or you will pay a premium for the extra loan time and / or missed payment fees.

Depending on your policy's potential cash value, it may be used to skip a premium payment, or be left alone with the potential to accumulate value over time.

Float — ordinarily, property - casualty insurers lose money on operations, but make it up on investing the funds that exist because of the delay in time between premium payments and claims.

An income annuity allows you to convert part of your retirement funds into a stream of guaranteed lifetime income payments using a single lump - sum of money called a «premium,» or through flexible premium payments over time, depending on the type of product selected.

Insurance premiums may be paid at any time prior to or with final payment and become effective on the date payment is received by Gate 1 Travel.

You are required to send us the appropriate deposit per person (as detailed on the relevant tour page) or full payment if booking within 60 days of departure (90 days for cruise and private train holidays) and all applicable insurance premiums (if our insurance is required) at the time of booking.

The following transactions are excluded from earning points: BPAY transactions, payments to the Australian Taxation Office (effective 2/11/2015) unless made using a Business Awards card, balance transfers, cash advances (including a transaction treated by the Bank as a cash advance, for example, utility bills paid in person at a bank), purchases of foreign exchange, credit card insurance premiums, travellers cheques, interest charges, Qantas Frequent Flyer Direct fees, Bank fees, Card account payments, transactions deemed by the Bank to be for business purposes (excluding transactions on Business Awards, Business Gold Awards and Business Platinum Awards cards) and any other transactions which may from time to time be excluded by the Bank.

Unlike whole life or traditional universal life policies, a no - lapse guarantee universal life policy ensures the premium will never change or coverage will lapse as long as you make your on - time premium payment.

Using this approach, rather than borrowing a sum of money on an annual basis to cover an annual premium payment, like you might expect, you typically finance a one - time, larger amount to fund a single premium life insurance policy.

For a consumer who is not eligible for the installment payment plan and is not great about paying bills on time, it might be best to consider alternative options with more flexibility or leeway in the case of premium payments.

We sought comment on which proposed premium payment deadlines give issuers an acceptable amount of time to send an invoice and allow for timely payment by the consumer, and give consumers sufficient time to make the payment.

However, competitive pressures forced the industry to adopt a policy design that shifts more of that risk back to the insurer — thus allowing policyholders to worry about one thing: making premium payments on - time.

He has faithfully made each and every premium payment in full on time.

We added § 155.400 (e)(1) to establish a premium payment deadline policy for the first month's premium payment for a first - time enrollment on an FFE or for an active or passive reenrollment in a plan within a new product or with a new issuer.

At the time he made his decision to no longer make premium payments on his existing policy and to subsequently let it lapse, his existing agent was telling him he could get new insurance.

While you may not have the flexibility of the universal life, you do have the guarantee of your premiums never increasing for as long as you own the policy, assuming you make your payments on time each month.

Insurance companies give a variety of Life Insurance Premium Payment Options to their customers to pay their premium on time.

Because of its potential to build a cash - value over time, your premium payments may be increased, decreased, or even skipped depending on the policy's cash value.

Open a high interest savings account: Open a high interest savings account you call «Spot and Booboo's health fund» and simply deposit either what you would've paid on pet insurance premiums or a small payment depending on what is affordable to you at the time.