Sentences with phrase «remaining duration of the policy»

Not exact matches

But settlement policy can not be expected to have significant impact within the duration of this Parliament, since it affects people's rights to remain in the UK after five years» stay, and will not apply retrospectively to migrants already here prior to April 2011.

Wentzell said Monday that the policy on whether such children must remain in the testing room or be allowed to leave for the duration of the test is a «local management decision.»

Guaranteed level premium means that your premium payment will remain level, or fixed, for the duration of the whole life policy.

With a term life insurance policy, you pay relatively low premiums for coverage as high as $ 500,000 to $ 1 million, and the policy remains in effect for the duration of the term, usually 10, 20, or 30 years.

Guardian Life Insurance provides «Level Term Insurance» which means the premiums you pay remain stable for the duration of the term of the policy.

Term policies can be level term which means the death benefit will remain the same throughout the duration of the policy, or they can be decreasing term which mean the death benefit drops over the course of the policy's term.

The advantage of Whole or Permanent Insurance is the death benefit and premium will usually remain the same during the duration of the policy.

A term life policy guaranteed to have the premium remain the same for the duration of the contract.

With a term life insurance policy, you pay relatively low premiums for coverage as high as $ 500,000 to $ 1 million, and the policy remains in effect for the duration of the term, usually 10, 20, or 30 years.

A «guaranteed level premium» policy means that the premium will remain the same — that is, «level» — for the duration of the policy.

Decreasing term life insurance — sometimes called «mortgage insurance» — offers a death benefit that shrinks over time, and a premium that remains the same for the duration of the policy.

However, it is also possible to «back - load» the cost of the policy by choosing lower premiums during the first few years of the policy's life; the premiums increase each year to a set point and then remain consistent for the duration of the policy.

If you pass away during the term (duration) of your mortgage life insurance policy, the death benefit is paid to the person you choose (beneficiary) who can use the money to pay off your outstanding mortgage loan, and use any remaining money for any purpose, such as, living expenses, education, paying off credit cards, provide for your funeral and burial costs, etc..

Premium remains same for the entire duration of the base policy and therefore tends to be cheaper than an indemnity plan or comprehensive health plan.

Level term life insurance life insurance is the most popular type of term life insurance and provides coverage and pricing that remains the same each year throughout the term (duration) of your term life policy.

Term life insurance does offer the benefit of premiums that remain the same throughout the duration of the policy and a death benefit for a specific time period.

You pay the same amount of premium each year (or monthly) and the amount of insurance coverage remains the same for the entire duration of your policy.

Premium payments either remain the same for the duration of the policy or increase periodically.

As long as you know exactly what plan you have, you should be confident that the price will remain fixed throughout the duration of the policy.

Plus, if you go with a level term life insurance policy, the amount of the policy's death benefit, and its premium cost can remain the same throughout the entire duration of the policy.

Some traditional whole life policies however provide for a modified premium payment schedule where the required premium payments may be lower in the early years and then increase to a higher amount which will then remain level for duration of the policy.

For the duration of your policy (until you pass away), your death benefit will remain at the same and your premiums will not change even if your circumstances do change.

When you buy a guaranteed issue life insurance policy the rates remain level throughout the duration of that policy.

With most policies, the premium is going to remain the same through the duration of the term, so if you purchase a 30 - year term policy, the premium you pay wouldn't increase during that 30 year policy period.

This policy has a guaranteed level death benefit that remains level for the entire 20 year duration that can be paid out either in a lump sum or in the form of a monthly income when the insured dies.

The base premium amount remains constant during the entire duration of the policy and only the tax component can change and will be as per the prevalent Tax laws.

The face amount of the policy remains level for the duration of the policy.

Premium remains same for the entire duration of the base policy, and therefore tends to be cheaper

You remain being covered even after the policy matures for a period half the duration of the actual policy coverage period, for half the amount of the Basic Sum Assured.

The death benefits usually remain level for the duration of the policy except in the case of the decreasing term policies.

You have an option to choose investment strategies based on your profile and risk appetite: - Lifestage and duration based strategy — we will manage your asset allocation based on your age and remaining years to your policy maturity - Self - Managed Strategy wherein your money will be allocated to your choice of fund (s) The Plan also offers Rising Star Benefit that ensures that your child's financial future is secured even in your absence.

10 Year Term The face amount of 10 year term life insurance policies remain level for the duration and so does the premium.

You made certain that you bought the type of policy where the premiums will remain level for the duration.

The premium would remain level and the death benefit would decrease in a uniformed manner over the duration of the policy.

The premium of the decreasing term policy remains level for the duration but the death benefit decreases with the balance owed on your mortgage... or close to it.

For example, level term life insurance offers premiums that are guaranteed to remain the same each year for the entire duration of your policy term - 10, 15, 20 or 30 years.

The face amount of these policies remain level for the duration as well as the premium.

If you choose a non-cancelable supplementary disability insurance policy, your premiums will remain fixed for the duration of the policy.

In order to be eligible for coverage under the Continuation of Treatment Period provision, the Insured Person must be covered by an insurance policy, benefit plan, or Other Coverage for expenses or charges incurred by the Insured Person, and the Other Coverage remains in effect during the duration of coverage with the Company.

Term life has rates that remain the same for the duration of your policy term if you have level term insurance coverage.

First, the premium on a term insurance policy remains level for the duration of that policy's term.

The third party insurance component of the policy remains the same for the policy duration.

As a ten - year policy, your premiums will remain guaranteed for the duration of the policy and you can remain protected while your children are in college or as you pay off your mortgage.

Simplified life insurance is a form of term life insurance with premiums that remain level for the entire duration of your policy.

As a final expense insurance, the premiums will remain level for the duration of the policy, the cash value will accumulate over time, and the policy will remain in place until needed as long as the premiums are paid.

Throughout the duration of the policy, the premiums will remain exactly the same as will the coverage as long as you pay all premiums.

Over the duration of the policy, the premiums will remain the same as will the death benefit.

The cheapest type of term life plan is level term life insurance which offers premiums that remain the same each year for the entire duration of your policy.

If you purchase level term life insurance your coverage amount is guaranteed to remain the same for the entire duration of your policy, up to 30 years.

Buying a level term insurance policy while you are young and healthy can help you lock - in a low rate that is guaranteed to remain the same for the duration of your policy.