Sentences with phrase «proceeds after the death of the insured»

Not exact matches

And, up to $ 1,000 of the policy's death benefit can be made immediately available after the insured's passing while waiting for the remainder of the proceeds to be paid out.

The dependants of the deceased rely to a large extent on the death claim proceeds of the term insurance policy to live a financially peaceful life ahead after the unfortunate demise of the insured.

The beneficiary of a life insurance policy is the person or persons named to receive all or a part of the proceeds (death benefit) from the insurance policy after the insured person has died.