Sentences with phrase «traditional coverage policies»

Not exact matches

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

No medical exam policies often provide same day coverage, or may take up to five business days, while traditional policies can take several weeks for approval.

Some reasons you may be rejected from traditional coverage and want to consider a no medical exam policy are:

Narantuya Samdan, a traditional medicine advisor in WHO's Western Pacific Regional Office, said that 18 of the region's 37 countries have national policies recognizing a role for traditional medicine, including insurance coverage in some cases.

You can also get coverage specifically for certain valuable items, such as jewelry, furs, expensive cameras, and other personal property that might not fit into the traditional renters policy.

Some reasons you may be rejected from traditional coverage and want to consider a no medical exam policy are:

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

No medical exam policies often provide same day coverage, or may take up to five business days, while traditional policies can take several weeks for approval.

We insure off - road bikes and dirt bikes under our motorcycle insurance policies, so you'll get all of the same coverages as you would if you were insuring a traditional motorcycle.

Whether you need traditional homeowners insurance or a mobile home, condo or even a renters insurance policy, you will want to be sure that you are purchasing coverage that is sufficient to fully cover you in in the event of a disaster.

Just as you shouldn't assume that a vacation home you own is covered by your homeowners insurance policy on your primary residence, it's important to know that a recreational vehicle usually requires coverage separate from your traditional automobile insurance.

While guaranteed issue life insurance is ideal for people whose health disqualifies them from coverage under a more traditional policy, don't assume this is the case in your situation.

We suggest avoiding no exam policies unless you know that you won't be accepted for traditional coverage with an exam.

Another insurance - related tax perk that people without access to traditional group health coverage should be aware of is the health savings account, which combines a tax - advantaged savings element with a high - deductible health insurance policy.

You're entitled to go fishing (for eligibility requirements): A traditional fully underwritten whole life or universal life policy gives you coverage for life, pays out the insurance benefit upon your death and includes an investment component of accumulated cash value.

Using traditional long - term care insurance planning typically provides coverage at a lower cost than hybrid policies.

However, some life insurance companies offer optional riders that add AD&D coverage onto a traditional term life policy.

Those applicants that are turned down for traditional term life insurance can still get coverage in a majority of cases with a guaranteed death benefit policy.

Final expense insurance: These policies are for seniors with health issues who can't qualify for traditional term life insurance, but need a policy to help cover end - of - life costs and outstanding debts, Premiums are generally high and coverage amounts are limited.

Universal life insurance is designed to offer many of the same benefits as traditional permanent * life insurance policies such as whole life, but offers more flexibility that allows you to adjust your premiums and coverage as your needs change.

It is a type of traditional homeowners policy, but some of the coverage differs.

And in general, the more coverage you want, the more you'll pay versus a traditional term policy for the same coverage amount.

With traditional underwriting time taking 4 - 8 weeks, you can take a no exam life insurance policy and get coverage within 48 hours and sometimes the same day.

Like traditional LTCi plans, hybrid policies offer leveraged payouts, inflation protection, coverage in any setting (like your own home, assisted living or a nursing home) and waiting period options.

Additionally, these policies can eliminate the usual worries associated with traditional long term care — like unstable premiums and / or paying for expensive coverage that may never be used.

The online life insurance policy and term insurance plans offers more life insurance coverage as compared to the policies that are bought through traditional ways.

I feel that the traditional insurance products gives an insurance coverage even during the policy period and still if the investor is alive, he gets extra amount in form of Bonus + FAB which comes closer to 6 - 7 % which is an excellent option for long term (> 15 years) right whereas Term insurance is only till certain time or else the entire amount gets wasted..

In The Brick Warehouse LP v. Chubb Insurance Company of Canada the Alberta Court of Queen's Bench held that a traditional crime coverage policy did not protect the insured against losses resulting from a business email compromise scam that deceived the insured's employee into instructing the insured's bank to transfer funds to a bank account controlled by the cyber-criminal.

Traditional insurance policies may offer a limited amount of coverage for cyber-related exposures, but it is important to understand the implications of relying on coverage that is not necessarily designed for a specific exposure.

The webinar focused on issues and developments of interest to both Canadian and United States businesses, insurers, organizations, claims professionals, adjusters, and risk managers who are involved with Cyber Insurance Coverages under Standalone Cyber and more traditional insurance policies, and Cyber Risks, Data Breach, Information Security, Cybersecurity and Privacy issues.

Finally, the Commission goes as far as to seek comment on whether lawyers need to be procuring cyberinsurance and / or cyber liability insurance in addition to traditional professional liability coverage: «The Commission seeks more information about cyberinsurance and cyberliability insurance, including the underwriting requirements for such insurance and whether typical professional liability policies provide inadequate coverage for technology - related claims and losses.»

The book is unique in its coverage of international and transactional issues as well as traditional intellectual property law and policy, and has been adopted by about a dozen schools beyond the home schools of the authors.

A much more likely scenario is you'll be denied coverage — but it's just from a traditional policy.

It is important to have flood insurance on a home, because a traditional home insurance policy excludes coverage for flood damage.

These policies are ideal for anyone that has been rejected for traditional coverage because of health, family history, or age.

Unlike whole life or traditional universal life policies, a no - lapse guarantee universal life policy ensures the premium will never change or coverage will lapse as long as you make your on - time premium payment.

One of the biggest advantages to applying for no medical exam life insurance is the fact that these policies may allow someone who has an adverse health issue to obtain the coverage that they need — even if they have been turned down for traditional life insurance coverage in the past.

Another benefit to these plans is that you can be accepted for coverage much faster than you can with a traditional policy.

Most traditional life policies mandate that you buy no less than $ 25,000 or $ 50,000 in coverage.

For folks currently suffering from Zolleinger - Ellison Syndrome, since traditional term and whole life insurance coverage is generally not an option, we generally recommend that our clients consider buying a final expense whole life policy where there is no health questions or medical exam required.

You then have six months to conduct the traditional underwriting process with a medical exam, and once approved, your entire policy will become traditional term coverage.

If you want more coverage than this, you will have to purchase two plans, or apply for a traditional policy that requires that you take a medical exam.

Now it's easy to see how not being covered for «natural» causes of death would be a HUGE disadvantage, but when considered in light with the fact that these policies will generally provide coverage up to $ 500,000 dollar for accidental causes of death, and are typically quite affordable when compared to traditional term or whole life insurance policies, in many situations, they may be a worthwhile policy to consider.

Guaranteed issue life insurance policies, will typically be limited to less than $ 25,000 in coverage and will have some unique features to them that are not typically found in more traditional fully underwritten policies.

Also, the face amount of coverage on a final expense life insurance policy is typically lower than that of a traditional life insurance policy.

This means that coverage can be issued much more quickly — often within days as versus weeks, or longer, with traditional life insurance policies.

Traditional health insurance doesn't always offer full coverage outside the U.S., so this type of policy provides piece of mind to international travelers.

This type of coverage is generally limited to policies of under $ 500,000 and is a slightly more expensive than traditional Term Life Insurance.

With a no exam policy, you're going to pay more for your life insurance coverage versus if you applied for a traditional insurance plan.

When group coverage and traditional individual disability insurance don't provide enough coverage, the high - income professional can purchase a supplemental disability insurance policy.