Sentences with phrase «year waiting period simply»

Not exact matches

Simply wait until the granddaughter has earned income and then invest up to the Roth limits for a period of years.

For an Uncontested Divorce, the remainder of the process may simply entail waiting until the mandatory Separation period has passed (i.e., you and your spouse have been «separate and apart» for at least one full year) before the Divorce can be granted.

For this reason, insurance companies add the «Graded Death Benefit» clause to their final expense policies so that they can avoid insuring someone who is simply days away from dying from a natural cause (heart attack, cancer, stroke, etc, etc...) Now, since nobody can predict an accidental cause of death such as a slip and fall, motor vehicle accident, victim of crime, etc, etc... these types of deaths would be immediately covered without needing to survive beyond the 2 or 3 year waiting period (the graded death benefit).

To put it simply, a graded death benefit is a clause written into guaranteed issue life insurance policies which requires the insured to wait a period of time (usually 2 - 3 years), before their guaranteed issue life insurance policy will begin covering NATURAL causes of death.