Sentences with phrase «re-qualify at your current age»

Not exact matches

Once this term has expired, the policy holder will need to «re-qualify» for coverage at his or her then - current age and health condition.

When an insured is required to re-qualify for term life insurance at their then - current age, the quote at that time will typically be much higher than it was on the original policy.

Therefore, if the insured wishes to remain covered by life insurance, he or she will need to re-qualify for insurance at their then - current age and health condition.

(Term life insurance policies are only in force for a certain, set period of time such as 10, 15, 20, 25, or 30 years and then they will automatically expire, leaving the insured to have to re-qualify for coverage if they want to remain insured at their then - current age and health condition).

Once this term has expired, the policy holder will need to «re-qualify» for coverage at his or her then - current age.

Provided that the insured survives throughout the time period of the policy, and he or she wishes to remain covered by life insurance, they will need to re-qualify for a new policy at their then - current age and health status.

When a term policy expires — provided the insured has held the policy throughout its entire length — and if the insured still wants coverage, he or she will need to re-qualify for another policy at their then - current age and health condition.

Therefore, if the insured wishes to remain covered by life insurance, he or she will need to re-qualify for insurance at their then - current age and health condition.

If you still need coverage at that time, you can either renew on a year to year basis, or if you want to lock in a new 10 year or longer term, you will have to re-qualify at your then - current age and health condition.