Sentences with phrase «value of a life insurance policy ceases»

Not exact matches

Nonforfeiture Values: The values in a life policy that the policyowner does not forfeit even if he ceases to pay the premiums; the cash value in the policy will be used in one of three ways: 1) cash value returned to the policyowner, 2) cash value buys extended term insurance, or 3) cash value buys a reduced paid - up life insurance pValues: The values in a life policy that the policyowner does not forfeit even if he ceases to pay the premiums; the cash value in the policy will be used in one of three ways: 1) cash value returned to the policyowner, 2) cash value buys extended term insurance, or 3) cash value buys a reduced paid - up life insurance pvalues in a life policy that the policyowner does not forfeit even if he ceases to pay the premiums; the cash value in the policy will be used in one of three ways: 1) cash value returned to the policyowner, 2) cash value buys extended term insurance, or 3) cash value buys a reduced paid - up life insurance policy.