Sentences with phrase «single policy is purchased»

With a joint life insurance policy, just one single policy is purchased instead of two separate plans.

Not exact matches

However, on a limited scale, there's no denying that there's something appealingly rogue about how Mrs. Cox went about solving her problem — by purchasing every single shirt she found offensive in the entire store so nobody else could, and planning to return them all one day shy of the 60 - day return policy limit.

Hamburg, Germany is banning city - funded purchases of single serve coffee pods as part of a green purchasing policy for its municipal operations.

An example of this would be purchasing four Single Premium Immediate Annuity (SPIA) policies with 2 %, 3 %, 4 %, and 5 % COLAs so that each policy is increasing by a different amount for as long as you live.

While not required otherwise, anyone renting any type of residence long - term — be it an apartment or single - family home — should strongly consider purchasing a renters insurance policy.

Value Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash value.

Two types of universal life insurance: The «Single - Premium» universal life policy can be purchased with a single lump - sum paSingle - Premium» universal life policy can be purchased with a single lump - sum pasingle lump - sum payment.

There are also single premium variable universal life insurance policies which allow you to purchase coverage and fund the policy's cash value with a single payment.

For example, a single person can purchase a qualified plan with a $ 5000 deductible; however, that person's maximum HSA contribution would still be limited to that year's cap (see above) for single coverage (Note: the in - network out - of - pocket max, including the deductible, for your HSA qualified policy may not can not exceed the out - of - pocket maximum allowed by federal law.

Inflation protection riders can be purchased with a single premium, over a defined number of years, or over the life of the policy.

We try to make finding the best travel insurance policy for scuba diving simple and affordable, so whether you purchase a single trip or a annual travel insurance policy, you are entitled to dive up to 30m with full cover across the UK, Europe and worldwide.

A very popular solution is to purchase a multiple year run off policy payable by a single up front premium.

«The purpose of [an «owned but not insured»] exclusionary clause is twofold: «(1) to prevent an insured from receiving coverage on all household cars or another uninsured car of the insured by merely purchasing a single policy, and (2) to provide coverage to the insured when engaged in the infrequent use of non-owned vehicles.

You may instead be able to purchase a combined single limit policy, which is one amount that your insurance company will pay out for all bodily injury in an accident (e.g., $ 30,000 for all injuries).

Single trip insurance policies are probably the best - known type of travel insurance medical coverage; however, if you travel often purchasing an annual multi-trip insurance policy could provide you with significant savings.

We understand that the purchase of a single life insurance policy — as well as the purchase of additional life insurance coverage — may seem to be a bit overwhelming.

When a single family homeowner purchases insurance, it's a given that the insurance policy must cover the structure of the home.

Selecting a group of insurance policies from a single company, such as home, vehicle and life insurance, can result in premiums that are lower for the group than if the coverage was purchased individually.

Inflation protection riders can be purchased with a single premium, over a defined number of years, or over the life of the policy.

In order to purchase a single trip travel insurance policy, the departure and return dates must be declared.

As an example, if a company applies for a large insurance policy equaling $ 20 million and an insurance company is only able to cover a single loss up to $ 10 million, the insurer will purchase additional insurance from a reinsurer for the remaining $ 10 million to adequately cover the applicants $ 20 million request.

You may have purchased a small life insurance policy through work when you were a single person, but now that you're married, you need to think in terms of the two of you.

There are so many loop holes in the policy that aren's shared with you when you purchase their insurance, you don't stand a single chance of being reimbursed.

Those who purchase a single trip policy will only be insured for one trip, while a multi trip policy covers any number of travels that are made within a year.

Be sure to purchase a single trip travel insurance policy so you're covered for any losses or damages while out on the road.

Single - premium is for someone who has a large sum of money and would like to purchase a policy up front.

Instead of purchasing a single $ 1,000,000 + dollar life insurance policy, you can layer multiple policies to save money and avoid being possibly over-insured.

In 1988 changes were made in the tax code, and single premium policies purchased after were «modified endowment contract» (MEC) and subject to less advantageous tax treatment.

Flight insurance covers you during the single round trip (or multiple trips if you have purchased it) and while the policy is effective, either domestic destinations or international.

If you or a loved one is on the verge of qualifying for Medicaid coverage, it may make sense to purchase a single fee whole life policy with a long term care rider.

Single Premium — This is a one - time lump sum initial payment that pays for the purchase of the policy

It is always advisable to purchase all your insurance policies from a single company.

They cover two individuals under just one single life insurance policy — and because of that, they are often less costly than purchasing two single policies.

Two types of universal life insurance: The «Single - Premium» universal life policy can be purchased with a single lump - sum paSingle - Premium» universal life policy can be purchased with a single lump - sum pasingle lump - sum payment.

Those who are young and single may also want to think about purchasing a policy, because the younger and healthier you are when you buy, the less expensive your life insurance premiums will be.

Every single state in the U.S. requires you to purchase a comprehensive policy in order to be protected from vandalism.

Add it all up and often an annual policy works out to be cheaper than purchasing a single - trip policy per trip in a year and in some cases, it's even cheaper than buying just one!

Here's where laddering can come into play: Look into purchasing a $ 500,000 10 year term and a $ 500,000 20 year term as opposed to the single million dollar life insurance policy.

You might not have sufficient cash available to purchase a single premium policy that costs $ 50,000 or more (the average size for a single premium sale is about $ 75,000 per - person).

If you still want life insurance coverage, you may be able to use life settlement funds to purchase a single premium life insurance policy that has a higher face value than the reduced paid up figure!

Most Many travel insurance providers allow you to purchase travel insurance policies online, whether it's for a single trip or annual (multi-trip) travel coverage.

In addition, because the premium is all being paid up front, single premium policies generally are purchased at a large discount as compared to the total premium amount of a straight life policy over a number of years.

Smaller and simpler businesses may be able to buy a single business owner policy, or «BOP,» that combines several types of coverage, whereas larger companies typically need to purchase several different types of coverage for various types of risk.

Another permanent option is Single Premium Whole or Universal Life, where you purchase a paid up policy in one lump sum.

Finally, the single - premium immediate annuity has been designed by the company so you receive a steady income source from the moment the policy is purchased.

As you can tell we strongly support the purchase of a single premium life insurance policy and why wouldn't we when there are so many benefits.

While not required otherwise, anyone renting any type of residence long - term — be it an apartment or single - family home — should strongly consider purchasing a renters insurance policy.

Unlike with Whole Life, where a portion of your monthly premium is placed in a single tax - deferred annuity account with a fixed interest rate at the time of the purchase of the policy, the savings portion of your premium in a UL policy is placed in a variety of bonds, mortgages and money market funds by the insurance company.

There are many people who purchase policies based on inexpensive premiums promised by commercials or ads, but no single company can provide the cheapest rates for every motorist.

Whenever a dividend is paid it is applied to purchase paid up additions, which is a single premium whole life policy.