Sentences with phrase «terms of the rider»

But for some plans, such provisions can be bought at an additional cost in terms of riders.

The policy term of the rider will be equal to the policy term of the base policy.

Arcadis found that New York fared especially well under the category of «people,» ranking second even in the world in terms of rider connectivity, and — in a likely shocker to the city's disabled commuters — wheelchair access.

The premium payment term of the rider, if attached at inception, will be equal to the premium payment term of the base policy, otherwise it will be equal to the remaining premium payment term of the base policy.

Single Premium policies: The amount to be refunded should be 90 % of single premium for the Rider multiplied by ratio of outstanding term to original term of the rider.

Furthermore, there are several other decisions you will need to make in terms of riders, deductibles and renters insurance providers in Austin.

However, the policy term of the rider, if attached at inception, will be equal to the policy term of the base policy, otherwise it will be equal to the remaining policy term of the base policy.

There are also policies which allow you to convert the rider into a permanent life insurance policy which must be done as outlined in the terms of the rider.

You can add a child - protection rider to your policy when your child is two weeks old, and the term of the rider ends when he or she turns 18.

Check the terms of the rider to make sure the illness is covered.

The terms of this rider are quite simple - all future premiums from the point of disability are waived off without having to compromise on any other benefits and payouts.

It makes good sense to evaluate the terms of this rider to avoid unfortunate surprises down the road.

However, if you die due to an accident, your family would receive an increased amount, depending on the terms of the rider.

The terms of the rider are spelled out in the policy and typically contain a waiting period, a minimum period of coverage before the rider is activated, and the company's definition of disability.

Benefit Access Rider — This rider will accelerate your policy's death benefit if you become chronically or terminally ill under the terms of the rider.

And you can still add more coverage with the rider down the road when the option becomes available under the terms of the rider.

The terms of this rider will typically include a waiting period, period of coverage, and the insurer's definition of disability.

Since this rider differs among many insurers it's important to know the terms of the rider in advance of purchasing your policy.

the calculation date is thepoint in time (e.g., annually, every three years) when a measure ofinflation is taken to ascertain whether an increase in coverage iswarranted under the terms of the rider (i.e., was inflation highenough during the period to trigger an increase).

>> The term of the rider can not exceed the term of the base policy.

On total and permanent disablement due to an accident, all future premiums both under the basic policy and the rider / s will be waived till the end of the term of the rider or death of the assured life, if earlier.

>> Conditions relating to the term of the rider, age at entry and sum assured of each rider will also depend on the conditions of the base policy it is attached to.