Sentences with phrase «total policy value»

For those with a lot of extra cash to invest each year there is a limit to the amount you can pay into the policy (typically a percentage of the total policy value), this limit is known as the MEC (modified endowment contract) limit.

For the most part, policies will pay living expenses up to somewhere in the neighborhood of 30 - 40 percent of the total policy value, typically up to one year.

For those with a lot of extra cash to invest each year, there is a limit to the amount you can pay into the policy (typically a percentage of the total policy value).

The personal property coverage in a renter's insurance policy is usually limited to a percentage of the total policy value.

Some limit it to 10 percent of the total policy value.

All renters need this kind of insurance coverage and typically the amount received for such expenses is a percentage of the total policy value.

This amount should be a percentage of the total policy value.

Make sure that your renters insurance provides a set amount, typically a certain percentage of the total policy value, for at a minimum, 12 months.

The amount should cover your living expenses for up to 12 months and generally speaking this amount will be a percentage of the total policy value.

One of them is simple, increase the limits on your personal property protection to reflect that actual value of your personal property, because most standard home policies only provide for a percentage of the total policy value to be used to repair or replace personal items that are destroyed after a named peril.

Check the amount of your personal property coverage, which is often only a small percentage of the total policy value.