Sentences with phrase «temporary coverage immediately»
Unique policy offering — In addition to offering the traditional policies they have a one - year non-renewable convertible term product who individuals who only need a policy temporary coverage immediately.
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Borrow money, except (a) from a bank, provided that immediately after such borrowing there is an asset coverage of 300 % for all borrowings of the Fund; or (b) from a bank or other persons for temporary purposes only, provided that such temporary borrowings are in an amount not exceeding 5 % of the Fund's total assets at the time when the borrowing is made.