Sentences with phrase «specific amount of premium»

In these policies you are required to pay a specific amount of premium regularly towards the premium for a defined period of time.

Not exact matches

You pay level premiums for the duration of the contract, your heirs receive specific death proceeds amounts, and the contract generates a minimum rate of return.

When you purchase this insurance policy, you are insured for a defined amount of coverage, at a fixed premium, over a specific period of time (10, 15, 20, or 30 years).

All you have to do is pay a specific premium amount for a certain period of time and received returns on.

This policy is usually for a specific amount and lasts for a specified period of time (up to 30 years), and you pay a monthly premium.

Practices that offer this benefit take several different approaches: one pet per employee; a specific amount toward insurance premiums per month; or an escalating amount based on length of service.

This waiver results in addition of a specific amount to your insurance premium to be used in event of collision with an uninsured motorist.

Factors that determine the cost of your life insurance premium include the amount of coverage you want, your age at the time of purchase, in some cases your medical history and specific aspects of your lifestyle, such as occupation and hobbies.

Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.

These policies cost more, and you may only be eligible to receive your premiums plus a specific amount of interest if you were to die within the first 2 years.

Customize the coverage amount and the premiums you will pay for a specific length of time with this policy.

Premium rates: Premiums are the amount of money you pay for car insurance coverage for a specific amount of time.

The first page of the insurance policy that generally includes your name, address, the insured property, its location and description, the policy period (how long the coverage will be in force), the amount of the insurance coverage, the premiums and additional specific information provided by the insured.

However, this type of coverage is considered to be more flexible than whole life insurance, as the insured is allowed — within certain guidelines — to alter the timing and amount of the premium, based on their specific needs.

Fixed Premium — Where specific amount premiums are paid periodically and usually last less than the life of the policy

Let the insurer know about any specific safety features built into your Jeep, so that you can take advantage of good design for lower premium amounts.

After a specific amount of time, that money can be used to pay premiums, used as a loan or as added death benefits for your beneficiaries.

It's important to understand that the amount of premium subsidy you receive is related to your modified adjusted gross income (an ACA - specific calculation, which differs from normal modified adjusted gross income), but the premiums you pay for health insurance as a self - employed person are a factor in determining your modified adjusted gross income.

According to the agreement, the policyholder pays a premium amount for the term of the policy and in return gets a cover for a specific amount.

This type of insurance provides protection for a limited amount of time in return for a specific premium.

This policy is usually for a specific amount and lasts for a specified period of time (up to 30 years), and you pay a monthly premium.

Since those insured by whole life never have to requalify, they can count on a specific amount of death benefit for their survivors at a premium that never changes.

Term life insurance is generally used to provide the maximum amount of protection for a specific number of years at the lowest premium.

As a life insurance agent I want to pass along several good ways to purchase life insurance that will perfectly fit your specific needs while spending the least amount of hard earned premium dollars for it.

Additionally, it offers flexibility in two important ways: the death benefit and premium payments.1 Once you determine the amount of coverage you desire, we can modify the death benefit and premium payments to fit your specific objectives.

Because whole life insurance policies are complicated and the premiums are high for the amount of death benefit you get, whole life insurance is only the best option for seniors in a few situations, such as when you want to minimize estate taxes for your heirs, or if you want to leave a specific amount of money to someone or a charity no matter how old you are when you die.

We could therefore assume that all life insurance premiums for a specific amount and type of policy at a given age should be the same regardless of the company issuing the policy.

You pay the same amount of premium for a specific period to receive the death benefit.

The insurance policy will function just like a term life insurance policy because it will last a specific number of years and the whole premium payment will cover the death benefit amount.

Each of these six different types of no exam life insurance policies offers different things through specific conditions including: age, term lengths, amount in coverage, and premium amounts.

If you pick this type of life insurance policy, you are agreeing to pay a certain amount in premiums on a regular basis for a specific death benefit.

Limited payment includes payment of premium for a specific amount of time say 3 to 5 years whereas Single payment refers to payment of a lump sum amount of money in one go.

Instead of having fixed premiums, you can choose to increase or decrease the amount of your premiums as long as a specific minimum premium payment gets made.

Term life insurance often has lower premiums because it is in effect for only a specific amount of time, during which you pay the premiums, whereas whole life insurance is in effect for the entirety of your life, even after the premiums have been paid.

ICICI Prudential Life Insurance Premium Paid Certificate is your tax certificate showing the total amount of premium paid in a specific financial year.

Few things that you need to look into include: premium payable, cover amount, tenure of the policy, any specific exclusions that you are not aware of, any other terms and conditions etc....

It's simple — You pay the insurance company a monthly or annual premium for a set amount of life insurance for a specific period of time, and the insurer agrees to pay out a death benefit to your beneficiary (you choose) upon your passing.

All you have to do is pay a specific premium amount for a certain period of time and received returns on.

As part of our analysis, we can «work backwards», if you like... let us know what premium amount (insurance cost) is comfortable in your budget, and we'll review your health / medication history which insurance companies are your best fit, and how much term or guaranteed universal life (works like low cost term insurance, but to a specific) you'll likely qualify for.

Even when your life insurance provider has determined the amount of risk that is specific to you, there are still several other things that can affect your monthly premiums.