Sentences with phrase «term policy in force»

If I buy a term life insurance policy that clearly states in the conversion option that it is convertible to a permanent policy I expect that I have purchased that option when I put the term policy in force.

I have a customer that has a 20 year term policy in force with American General.

If you currently have a term policy in force and you have had major health changes since the policy began, conversion may be the best choice.

Convertible Term Insurance allows the policyholder to change the face value of the term policy in force into a permanent form of Life Insurance, such as Whole Life, Universal Life or Variable Life, without any penalties or evidence of insurability.

Not exact matches

Subdued inflation forced the BOJ to revamp its policy framework in 2016 to one better suited for a long - term battle against deflation, which targets interest rates instead of the pace of money printing.

Life insurance policies have terms under which the policy may be continued in force or discontinued.

We believe the positive economic forces currently present in the global economy will remain strong enough to overcome the potentially negative impact tighter policy will have, but we could see some short - term volatility as markets adjust.

Still, despite being forced to abandon his signature policy, the episode may prove a minor setback for Carney, coming so early in his five - year term.

The virtue of socialism, it is argued, is that it does away with such irresponsible authority, and forces those who make economic policy to appeal to the electorate and to justify their decisions in terms of the public good.

But such would have to be Arkes» outlook: if indeed there are fundamental principles of natural law and natural right, discernible to the human mind generally (as Arkes thinks), then policies or practices that effectively deny these can only be supported for the short term, or in the long term only by continuing fraud and force.

According to James Juhnke, this engagement is good for both sides: Mennonites are forced to consider how nonviolence relates to issues of justice and how it can be applied in terms of public policy, while the broader church must take seriously «our claims that peace is central to the gospel.»

They have joined forces against the worst excesses of raw political expediency, exposing our short - term policies in the harsh light of more enduring values.

When devising social policy, especially in a time of great social change, there is always the danger that social policy becomes a conservative force — that designing it to reflect «what we do now», while meeting short - term needs and providing short - term satisfaction, hinders positive development towards «what we may become».

«Don't forget that it was by positioning ourselves as the driving force in the government of Wales's first term that over 100 Liberal Democrat policies were put into action.

To give you a taste of what is coming in Part 2, the arguments can be summarized as: 1) Education does not lend itself to a single «best» approach, so the Gates effort to use science to discover best practices is unable to yield much productive fruit; 2) As a result, the Gates folks have mostly been falsely invoking science to advance practices and policies they prefer for which they have no scientific support; 3) Attempting to impose particular practices on the nation's education system is generating more political resistance than even the Gates Foundation can overcome, despite their focus on political influence and their devotion of significant resources to that effort; 4) The scale of the political effort required by the Gates strategy of imposing «best» practices is forcing Gates to expand its staffing to levels where it is being paralyzed by its own administrative bloat; and 5) The false invocation of science as a political tool to advance policies and practices not actually supported by scientific evidence is producing intellectual corruption among the staff and researchers associated with Gates, which will undermine their long - term credibility and influence.

«[E] ach policy of aircraft accident liability insurance... shall specify that it shall remain in force, and may not be replaced, canceled, withdrawn, or in any way modified to reduce the minimum standards set forth in this part, or to change the extent of coverage by the insurer or the carrier, nor expire by its own terms in regard to coverage for the carrier in its common carrier operations in air transportation, until 10 days after written notice by the insurer (in the event of replacement, by the retiring insurer), or by the insurer's representative, or by the carrier to the Department... which 10 - day notice period shall start to run from the date such notice is actually received at the Department.»

The term life insurance coverage effective date is the day that the policy is put in force.

They'll also make sure the policy in question is still in force, or active; you can only make a claim on a policy that's currently in force, so if premiums had stopped, or it's a term limit that had reached the end of its term already, you won't be able to make a claim.

Dying while the policy is in force is the one sure way to get money back on term life insurance.

Once you choose your, you will pay a premium to the life insurance company to keep the policy in force until the end of the defined term, or the end of your life, whichever comes first.

That means the policy will continue in force for the remainder of the term but can not be renewed.

But he can use the same low - expense SUL policy as a surrogate joint - life term by paying premiums to keep it in force for 20 years.

Savings through Maturity Benefit: At the end of your policy term, you will get Sum Assured on Maturity provided all due premiums have been paid and policy is in - force.

So, even if the Federal Reserve is correct about the right long - term strategy, political pressure can force a different policy action, at least in the short run.

Level term policies guarantee to pay out a benefit when the policy is in force, and is also guaranteed to not go up in price during the level term period.

Like term life insurance, whole life insurance policies pay a death benefit if you die while your policy is in force.

For example, a lender - forced policy will appropriately cover the physical dwelling itself but might fall short in terms of personal property coverage because they have no financial stake in a homeowners possessions.

In case of an unfortunate event during the Policy Term, the sum of the following benefits will be payable to the Nominee, subject to the Policy being in forcIn case of an unfortunate event during the Policy Term, the sum of the following benefits will be payable to the Nominee, subject to the Policy being in forcin force:

Like most insurance policies, Brighthouse Financial policies contain charges, limitations, exclusions, termination provisions, and terms for keeping them in force.

Maturity Benefit: You can receive up to 120 % of the premiums * paid till end of the Policy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bePolicy Term, provided policy is in force (depending on the Maturity benefit Option chosen) as your Maturity bepolicy is in force (depending on the Maturity benefit Option chosen) as your Maturity benefit.

Start receiving guaranteed Monthly income after the completion of the Premium payment term, until Maturity, provided the policy is still in force.

# Provided the policy is in force, Guaranteed Payouts start after the policy term & depends upon premium payment term & premium band.

Do not expect to die with term in force, since 99 % of policies expire without paying a death benefit claim.

However, if you purchased a decreasing term policy, the payout would change depending upon how long the coverage was in - force.

And while term insurance is sold for specific periods of time, typically anywhere from 5 to 30 years, a cash value insurance policy is usually considered to be a permanent life insurance policy, as these products are designed to remain in force for your entire life.

These are different from paid - up insurance, however, in that the life insurance is only in force for the duration of the term specified in the policy.

These policies have certain limitations and terms for keeping them in force.

These policies are subject to exclusions, limitations and terms for keeping it in force.

With the company's Guaranteed Level Premium Term Life Insurance option, the premium amount that is charged will remain the same throughout the entire period that the policy is in force.

You start receiving guaranteed tax - free income after the completion of the Premium payment term, until Maturity, provided the policy is in force and all due Premiums have been paid.

Flexibility of withdrawing your savings anytime during the Flexi benefit period by modifying your Policy Term while the Policy is in force.

In case of unfortunate event of death of the Life Insured during the Policy Term, the following benefits will be payable to the Claimant, subject to Policy being in forcIn case of unfortunate event of death of the Life Insured during the Policy Term, the following benefits will be payable to the Claimant, subject to Policy being in forcin force.

Permanent life insurance will be in force long after a term policy expires, and play an important role in estate planning.

Unlike term, a permanent life insurance policy will stay in force, unless it is canceled by the policyholder or the premium stops being paid for the coverage.

Immediate (again term usage varies by carriers) benefit means exactly what the term implies: Once approved the full amount of the policy is immediately in force and will be paid in its entirety should the insured die during the policy's active period.

Guaranteed Term Life Insurance A type of renewable term life insurance that remains in force provided the policy premiums are paid on tTerm Life Insurance A type of renewable term life insurance that remains in force provided the policy premiums are paid on tterm life insurance that remains in force provided the policy premiums are paid on time.

This type of policy will pay out only a very limited benefit during the first few years the policy is in force, and then convert to a fully payable term life insurance policy for the remainder of the term.

Mortgage Life Insurance A type of term life insurance In the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceedIn the event that the borrower dies while the policy is in force, the debt is automatically paid by insurance proceedin force, the debt is automatically paid by insurance proceeds.

After the policy has been in force for 11 years, you can receive dividends that will help lower your long term care insurance cost.

In the event of death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on deatIn the event of death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on policy being in force, the Death Benefit payable shall be equal to the Sum Assured on deatin force, the Death Benefit payable shall be equal to the Sum Assured on death.