Sentences with phrase «temporary insurance application»

Well, those days are gone and the instrument for binding insurance is now a temporary insurance application and agreement.

Not exact matches

You'll have temporary life insurance while your application is being processed for a maximum of 30 days.
Conditional Temporary Coverage Agreement In life insurance, evidence of temporary coverage if you pay the initial premium at the time your application is taken, and meet the conditions spelled out in the receipt.
It isn't required, but we strongly encourage you make your first payment along with your application in order to obtain temporary life insurance coverage during the application / underwriting process.
For example, Genworth Life Insurance Company's temporary coverage begins the moment you sign the application and Temporary Insurance Application Agreement, and submit your firapplication and Temporary Insurance Application Agreement, and submit your firApplication Agreement, and submit your first premium.
This rider provides temporary insurance for each eligible child named on the application, and any eligible children acquired in the future.
If you arrange for temporary insurance when you submit your application, you will be covered when we receive your application and payment in our office (check the details of your temporary coverage, as the benefit amount might differ from the death benefit you are applying for).
You only need to submit a payment with your application if you want to acquire temporary insurance (see question above).
Those who do receive temporary coverage will have life insurance in place and will have their premiums finalized after the exam (so long as their application is approved post-exam).
Temporary insurance is only meant to fill an insurance gap while your application is processed and the policy is being underwritten, at which time the temporary insurance ends and your regular policy goes into effect.
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