Sentences with phrase «provided by life insurers»
A life insurance rider is simply an extra form of coverage provided by life insurers that you can buy and will cover you for specific situations.
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You are receiving disability income provided by either a private insurer or the government and are guaranteed this income for life.
-- Mortality Charge is the amount charged every year by the insurer to provide the life cover to the policyholder on the life of the Insured.
As explained by Voya, the Lifetime Income Strategy provides participants with a personalized asset - allocation strategy that helps build up retirement savings, followed by an income benefit for life that is guaranteed by multiple insurers.
Critical life insurance is offered by many insurers to provide you with compensation after you have been diagnosed with a critical illness.
The free look period is provided by the insurer during which the life insured can cancel the policy if he / she is dissatisfied with the policy's terms and conditions.
The discounts provided by your insurer if you live on your houseboat only for some months in the year
It is the amount charged every year by the insurer to provide the life cover to the policyholder on the life of the life insured.
Life Insurance is a policy provided by an insurance company, according to which in exchange for your premium payments, the insurer is obliged to pay a certain sum (a lump sum or portions of smaller sums) to your beneficiary (persons you choose) in the event of your death.
Some term plans offered by private life insurers provide differential premium rates for people living a healthy lifestyle, especially in case of smokers and medically fit non-smokers.
In addition to these investment options, variable life insurance policies generally have a fixed interest investment option provided by the insurer.
In doing so, you can review the financial strength of a life insurer by checking the ratings that have been provided to them via the insurer rating agencies.
Since, this purpose of a life insurance policy was not endorsed by many; insurers launched hybrid plans which provided wealth creation along with insurance protection.
The life cover provided by the insurer ends with its surrender as it results into the termination of the contract between the insured and insurer.
Free Look Period: If the insured has not made any claim then he / she can cancel the policy within the free look period of 15 days.The free look period is provided by the insurer during which the life insured can cancel the policy if he / she is dissatisfied with the policy's terms and conditions.
Ideally designed for couples, variable survivorship life insurance has a cash value component where the insurer sets aside a portion of each premium payment for the policyholder to invest from various investment options provided by the insurer.
You can contact your life insurer in the future and ask for a reduction in your amount of life insurance provided by your policy.
These charges are levied by the insurer for providing the life cover to the policyholder.
Medical exams are standard for most term and permanent life insurance policies, and provided for free by the insurer, as it gives them the opportunity to confirm your health details.
Under this type of coverage, your insurer provides bodily injury protection for you as well as for family members who live with you, and other passengers in your car should you or they receive injury caused by an uninsured vehicle or a hit - and - run driver.
If you buy a pension plan with life cover, you need to pay higher premiums, as it provides additional benefits of insurance, the rate of premium charged by your insurer depend on the type of plan and its benefits offered.
These example rates are not intended to provide exact quotes offered by a specific insurer, but simply to demonstrate how Garland life insurance prices vary because of many different factors.
One challenge for sponsors is that the capital provided by banks and life insurers is more expensive than the incredibly low spreads that CMBS lenders were offering just 18 months ago.