Sentences with phrase «term additional insured»

Going through your insurance paperwork you might come across the term additional insured.

Not exact matches

The additional capital is needed to expand in terms of equipment for the expansion into other forms of transcription, as well as have the capital backing to insure payment to contractors.

Further, you will need to purchase and maintain in effect at all times during the term of the Franchise Agreement a policy or policies of insurance, naming us and our affiliates as additional insureds on the face of each policy.

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This Life Term Rider pays out an additional Sum Assured in case of death of the Life Insured.

Bharti AXA Life Term Rider pays out additional Sum Assured in case of death of the Life Insured.

However, if you only need financial coverage for a particular period of time, you would probably be better served buying a term life insurance policy with an additional insured rider.

This rider provides additional term coverage on the insured person.

National Gallery sought a declaration that Intact and Lafleur were required to provide and fund its full defence in the underlying actions, pursuant to the terms of the Maintenance Contract and its status as an additional insured under the Intact policy.

Sage Term Life products also offer some additional riders, which can mostly help insureds to customize their policies to fit their specific needs more closely.

Additional Interest Insured Anti-Theft Device B Bodily Injury Liability Coverage C Comprehensive Coverage > Collision Coverage Continuously Insured D Declarations Page Deductible Discounts Driver Status G Garaging Location L Limits Loan / Lease Payoff Coverage N Named Insured O Occasional Driver P Policy Expiration Date Policy Term Primary Residence Primary Use Principal Driver Property Damage Liability Coverage S Second Named Insured SR - 22 U Uninsured Motorist Coverage Underinsured Motorist Coverage Uninsured Motorist Property Damage Coverage Underinsured Motorist Property Damage Coverage V VIN

Additional insured status does not give the same rights under the policy terms as a «named insured» or «insured» and these are technical distinctions that need to be reviewed with your local insurance agent.

The term «death benefit» means the amount payable by reason of the death of the insured (determined without regard to any qualified additional benefits).

Additional Insured's Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 10 Years, used with Whole Life, policy series 09171, 09471, and A09171.

The inbuilt benefits are applicable in case of death of the insured wherein an additional Sum Assured is paid in case of Accidental Death, total of the Sum Assured and Fund Value is paid in case of being diagnosed with a Critical Illness under the Critical Illness Benefit and 10 % of the Sum Assured is paid following the year of disability to the end of the term or 10 years whichever is lower in case of ATPD benefit.

The Max Life term plan has an inbuilt Accidental Death Benefit Rider which states that if the insured dies due to accident during the term of this Max Life term plan, an additional death benefit will be paid to the nominee.

Incentives given by an insurer as an additional benefit to the insured for keeping the policy in full force throughout the term of the contract is called loyalty addition.

This convertible term insurance will allow the policyholder to convert the lower - cost term insurance into permanent insurance without additional proof of insurability and possibly while locking in the rate class of the insured at the inception of the policy.

Often, insureds are allowed to convert their term life insurance coverage over into a permanent life insurance policy without having to take a medical exam or even provide any additional evidence of insurability.

ROP term life is more like a term life insurance but helps with an additional advantage to the insured.

Children's Rider — This rider for an additional cost offers provides level Term insurance for all of the children of the insured.

This plan can also be further «customized» by adding various riders such as the children's term rider the disability waiver of premium rider, the accidental death benefit rider, and / or a travel accident rider that provides an additional amount of coverage if the insured dies as the result of a travel related accident.

Additional Benefits: For the simplified issue term to 100 product, the insured can expect level premiums and death benefits all the way until age 100 as long as they keep their premiums up to date, with included critical illness benefits on top of it.

Optional Riders1 Additional Term Rider, Insured Children's Benefit, Waiver of Premium Benefit for Total Disability, Accidental Death Benefit and Guaranteed Insurability Option are available at an additioAdditional Term Rider, Insured Children's Benefit, Waiver of Premium Benefit for Total Disability, Accidental Death Benefit and Guaranteed Insurability Option are available at an additionaladditional cost.4

Many term life insurance policies will allow the insured to add additional riders in order to enhance the coverage.

Additional Riders: Long Term Care, Disability Payment of Specified Premium, Accelerated Death Benefit, Change of Life Insured

The Principal offers this feature on many of its term life insurance policies — and the insured will not need to provide additional evidence of insurability.

Symetra Life Insurance Company's term life insurance policies also offer some additional riders that may be added in order to customize the coverage to better meet an insured's protection needs.

An additional benefit of the Child Term Rider is that all children plus any future children born or adopted are insured under the death benefit selected by the applicant.

An optional add - on to a life insurance policy that gives the insured the ability to convert all or part of their term life insurance coverage into a permanent policy without additional medical exam.

If a policy is «renewable,» that means it continues in force for an additional term or terms, up to a specified age, even if the health of the insured (or other factors) would cause him or her to be rejected if he or she applied for a new life insurance policy.

Level term insurance rider: Gives clients the option for additional, convertible level term insurance on the person insured under the base amount of the policy.

If the life insured opts for an increase in cover, additional premium will be calculated on the increased sum assured and outstanding policy term.

An additional sum assured is paid to the nominee or the beneficiary of the term insurance policy, if the insured suffers a death due to an accident.

If you have named the Lessors of your Long - term leased auto as an Additional Insured and suffer a total «loss» we will pay your legal obligation owed for any difference between the actual cash value (ACV) of the insured auto and the outstanding lease balance to the Insured and suffer a total «loss» we will pay your legal obligation owed for any difference between the actual cash value (ACV) of the insured auto and the outstanding lease balance to the insured auto and the outstanding lease balance to the Lessor.

f insured is struck by total and permanent disablement due to an accident or illness, he or she may get future premiums payable waived off, additional monthly income of 1 % of Guaranteed Sum Aassured till the end of premium payment term, income benefits as per schedule and maturity benefits on maturity.

Riders Children's Term Life Insurance Benefit Rider 08141, 10141, 10441, A08141, A10141 Guaranteed Insurability Option Benefit Rider 08251, 10251, 10551, A08251, A10251 Waiver of Monthly Deduction for Disability Rider 10206, 10506, A10206 Additional Insured's Level Term Life Insurance Benefit Rider 11126, 11426, A11126 Accelerated Death Benefit for Long - Term Care Rider / Qualified Long - Term Care Insurance Rider (FL) / Advanced Death Benefit for Long - Term Care Rider (IN) / Accelerated Benefit for Long - Term Care Rider (WI) 10220, 10520, A10220

One of the advantages offered by this rider is that in the case of death of the insured during the term of the policy, an additional amount equivalent to the sum assured of the term assurance rider is liable to be paid to the policyholder as long as the applicability of the coverage of the plan rider is there.

During the policy term, if the insured passes away due to an accident, this rider pays an additional sum assured.

Moreover, taking on additional riders that help build up savings means that the insured person may actually get back more than what they invested in the term insurance return of payment plan.

Riders Children's Term Life Insurance Benefit Rider 06140, 06440, A06140 Waiver of Premium Benefit Rider 10201, 10501, A10201 Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 10 Years 09161, 09461, A09161 Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 20 Years 09162, 09462, A09162 Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 30 Years 09163, 09463, A09163 Additional Insured's Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 10 Years 09181, 09481, A09181 Additional Insured's Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 20 Years 09182, 09481, A09182 Additional Insured's Level Term to Age 95 Life Insurance Benefit Rider with Premiums Adjustable After 30 Years 09183, 09483, A09183

This plan also provides the insured with regular pay - outs that increase at different stages in life, and ensures protection for their families while giving them the option of choosing additional riders and flexible premium paying terms.

Riders stand for an additional benefit that an insured can acquire together with the anticipated term, endowment, whole life or any other plan on both non-ULIP and Unit - Linked Insurance Policy (ULIP) platforms.

Riders Adjustable Premium Annual Decreasing Term Life Insurance Benefit Rider 08103, 08403, A08103 Additional Insured's Adjustable Premium Annual Decreasing Term Life Insurance Benefit Rider 08123, 08423, A08123 Waiver of Premium Benefit Rider 10205, 10505, A10205

Term life insurance will allow you to insure yourself for a set number of years and instead of paying additional money into a universal life insurance policy with restrictions, you can put the extra money into a savings account or 401 (k).

With the insured surviving to the end of the policy term, he would be paid 40 % of the Basic Sum Assured besides being paid simple reversionary bonuses and additional final bonus.

If the life insured enhances his protection level by attaching health - related riders like Critical Illness, Surgical Care, Hospital Care, etc. to his term life insurance plan or money back life insurance plan, an additional exemption up to Rs. 25,000 is provided under Section 80 D of the Income Tax Act, 1961.

If the insured dies during the policy term, the sum assured under classic option along with the additional life cover will be paid to the nominee.

Riders for these plans can be purchased by paying additional Aegon Life Term Insurance Plan and Canara HSBC Insure Smart Plan Premium.

This refers to an option available to some whole life insurance shoppers which allows the insured to use the policy's cash value to buy additional term life insurance.