Sentences with phrase «year waiting period called»

There is usually a 2 year waiting period called a «Graded Death Benefit» attached to these policies where the insurer won't pay the death benefits if you die in the first 2 years of the life of the policy.

Not exact matches

So wait you aren't going to blame what was obviously Politics on Religious Wars lets not forget that there were a few things involved in these «Wars of Religion» and I am sure most historians will agree with me, firstly the Crusades weren't thought up as some ideological crusade to protect Christians from some horde of Muslims coming from the east, they were in - fact land grabbing and trying to stave off the eventual fall of what is now known as Istanbul, secondly I highly doubt that most of the average religious person had any idea just how politicized the church became during this time period or up until probably John Paul the II took over, I mean the Thirty Years War could have been called a Religious war under this Videos silly assumptions.

There is a few years» wait which is called the deferment period during which the Sum Assured cover is not provided on the child's life.

AIG offers life insurance with no medical questions, BUT you can only get up to $ 25,000 of coverage and there's a 2 year waiting period before benefits kick in which is called the «graded» period.

If you call any other of the «call center» life insurance agencies you see on TV, they will all tell you that the only way to get life insurance with no medical exam while having diabetes would be to buy a «graded death benefit» policy which is expensive and has a 2 year waiting period.

These are policies that are generally limited to about $ 25,000 in coverage, and will not require an applicant to take a medical exam or answer any medical questions (They will also generally have what is called a Graded Death Benefit, referring to a waiting period prior to full life insurance coverage beginning, typically 2 years).

These ailments are called pre-existing ailments and the number of years for which they are excluded from the coverage is called the waiting period.

I only looked at whole life insurance policies and did not evaluate «guaranteed issue whole life insurance policies» (sometimes called simplified issue, final expense, or burial insurance) because they typically are limited to small dollar amounts of $ 5,000 — $ 25,000, they don't offer very much coverage for the premium, and there's a waiting period of two to three years.

Barbara had called a few insurance agencies before calling us, but due to her recent diagnosis of breast cancer, her only option was to purchase a «guaranteed approval» life insurance policy with a 2 - year waiting period.