Sentences with phrase «when policy was purchased»

Depending on which policy and when the policy was purchased, there can be several coverage benefits that apply.

After all, the insurance death benefit isn't needed now that the estate tax exemption has jumped from $ 675,000 (when the policy was purchased) to $ 5.25 M (far in excess of Barbara's net worth), and Barbara would rather try to invest the money elsewhere where it has a chance to grow — not to mention stopping annual sales from her investment portfolio to plow into an insurance policy where costs exceed any growth potential.

This is normally available based on when the first trip payment was made and when policy was purchased.

The amount of coverage may be a blue book value or an agreed value that was set when the policy was purchased.

I have been advised by the claims department that originally your claim was denied as the condition that caused the cancellation was known and not unforeseen, when the policy was purchased.

Many carriers are adopting the following positions regarding Trip Cancellation and Interruption regardless of when the policy was purchased:

If the person on whom the policy is written dies during the exclusion period, the life insurance company will investigate the death to determine if there was any medical or other information that was not disclosed when the policy was purchased.

The term and amount are decided on when the policy is purchased.

Notification is automatically sent to the property office when a policy is purchased, and the entire process is quick and seamless for you.

Life insurance rates are based on different underwriting factors, and there are two that affect the policy rates the most: age and health of the applicant when the policy is purchased.

Effective Coverage works directly with the leasing office so that your Spicewood Springs Apartments renters insurance is sent electronically to the office instantly when a policy is purchased.

Unless a policy is submitted directly to Magna by a seller, a Broker could receive a fee when the Policy is purchased by Magna.

Since life insurance rates are based on the age and health of the individual when the policy is purchased, the sooner an individual buys protection, the cheaper the rates he / she will pay over the course of their lifetime.

Travelers can purchase a policy to include both the Trip Cancellation and Emergency Medical benefits as long as they are healthy and have not been exhibiting symptoms or diagnosed with the Norovirus when the policy is purchased.

Insurable Interest When a policy is purchased, the buyer must have an economic interest in the life if the insured, or a demonstrable expectation of loss upon the death of the insured.

Most travel insurance provider calculate premium based on the age when the policy is purchased, not the age at departure.

The amount of coverage is calculated when the policy is purchased, with the guarantee that the real cost of burial won't exceed the covered amount regardless of when the policyholder dies.

Further the rates of a whole life insurance policy are more affordable when these policies are purchased in your younger years.

The Changing Needs Option must be elected at issue, and the exact date and percentage of the «changing need» must be determined when the policy is purchased.

The additional benefits that a whole life insurance policy provides over a term life insurance policy are best taken advantage of when the policy is purchased earlier in life.

Long - term care coverage is calculated based on the amount of coverage selected when the policy is purchased.

The compensation may include commissions when a policy is purchased or renewed, and fees for marketing and administrative services and educational opportunities.

Life insurance rates are based on different underwriting factors, and there are two that affect the policy rates the most: age and health of the applicant when the policy is purchased.

When a policy is purchased, the buyer must have an economic interest in the life if the insured, or a demonstrable expectation of loss upon the death of the insured.

It can be difficult to put a monetary value on a person and the work they do for your company, so these policies are often for a specific monetary value that is agreed upon in advance when the policy is purchased.

Notification is automatically sent to the property office when a policy is purchased, and the entire process is quick and seamless for you.

With whole life insurance, the premiums and death benefit are fixed when the policy is purchased.

When a policy is purchased, a specific death benefit is chosen.

The rate of return on the cash value is fixed when the policy is purchased, and usually hovers around 4 %.

Like most life insurance, premiums depend on your age when the policy is purchased.

Unlike whole life insurance that is in effect for the insured person's entire life, term life insurance is only available for the period of time that is selected when the policy is purchased.

Life insurance death benefits are usually paid out in a lump sum, agreed upon when the policy is purchased.

The rates for term life insurance can vary depending on the age of the individual and the coverage amount when a policy is purchased.

The monthly rates for a policy with $ 500,000 of coverage will generally be lower when a policy is purchased at a younger age.

Effective Coverage works directly with the leasing office so that your Spicewood Springs Apartments renters insurance is sent electronically to the office instantly when a policy is purchased.

The younger you are when a policy is purchased in your name, the lower the monthly premiums.

Not exact matches

Airlines overbooking flights is a relatively standard practice and passengers, whether they realize this or not, agree to the policy when purchasing flight tickets.

This patchwork approach to regulating the nature of foreign owned residential real estate allows subregions in Switzerland to create policies that respond to the particular pressures they face, whether it be foreign investors holding land but not building, or foreign investors purchasing large lots that when developed significantly impact the traditional esthetic of the area.

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

Some retailers make return policies more lenient during the holiday season, understanding that there may be a lag time between when a gift is purchased and received.

However, the big question facing market experts is: «Will the ECB signal an end to asset purchases when they meet in December, or will they continue with the current easy - money policy?»

Tech E&O, as it is often called, is arguably the most important policy that a tech company can purchase as it is the first line of defense when the service or digital product that they sell fails.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

Product: The Woombie Convertible Leggies Swaddle Blanket Overall Rating: 9.5 out of 10 Price: About $ 30 Sizes: Newborn (5 - 13 lbs) and Big Baby (14 - 19 lbs) Return Policy: Free shipping return within 30 days when purchasing from Amazon Overview Many babies like the idea of being swaddled because it keeps them warm and snug.

What really made it an issue (apart from forking out more money) was the fact that we purchased our tickets online, and when we found out about various airline's policies, it was impossible to purchase an infant «ticket» without purchasing an adult fare simultaneously.

For example, it could be something that may be examined when we review a local government's purchasing policies or record keeping,» he said.

Furthermore, because the product is only sold through third - party retailers, there is no consistent return policy, meaning that users may be taking a chance when purchasing if it is ineffective, it could just end up being a sunk cost.

Lastly, one of the most important things about shopping online is that there is a returns policy in place when you purchase something.

Section 2 - 552 provides that, «A contract or purchase order may be awarded for a commodity, service, or construction item without competition when, under regulation or policy, the Purchasing Agent determines, in writing, that there is only one known capable supplier or source for the required commodity, service, or construction item occasioned by the unique nature of the requirement, the supplier or market conditions.»

When purchasing car insurance policy, you should accomplish some complete study and know very well what it is really that you simply require.