Sentences with phrase «time of policy application»

This is particularly the case for those policyholders who are relatively young and in good health at the time of the policy application.

With term life insurance, insureds can essentially obtain the most amount of coverage for the lowest initial premium price (with all other factors being equal)-- particularly those who are young and in good health at the time of policy application.

In fact, depending on the insured's age and health condition at the time of policy application, some of Mass Mutual's plans can be obtained for under $ 10 per month.

The combined sum assured of all policies should not exceed your human life value, which is the risk assessment calculated by your insurers at the time of policy application.

Because term life insurance is the purest, a basic form of life insurance coverage can often be quite affordable — especially if the insured is young and in relatively good health at the time of policy application.

There is an added premium cost for this rider — and the rider must be selected at the time of policy application.

With that in mind, these policies can typically provide affordable life insurance coverage — especially if the insured is young and in good health at the time of policy application.

With regard to life insurance, an insurable interest between the insured and the beneficiary must exist at the time of policy application.

This is especially the case for those who may be young and in good health at the time of policy application.

This is usually the original amount of death benefit that is purchased at the time of policy application.

For example, if the insured had a certain health condition at the time of policy application, but he or she omitted information about this issue, it is possible that the death claim will be denied, or that there will be a lower amount of benefit paid out.

This is particularly the case for those policyholders who are relatively young and in good health at the time of the policy application.