Life Insurance Agents' Vade Mecum ...: Setting Forth the Risks Assumed and Benefits Guaranteed by the ... Life Insurance Companies, Etc. ..., Volum 21

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A.J. Flitcraft., 1913
 

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Side 155 - ... and that the company will deduct from such loan value any existing indebtedness on the policy and any unpaid balance of the premium for the current policy year...
Side 143 - A provision that after three full years' premiums have been paid, the company at any time, while the policy is in force, will advance, on proper assignment or pledge of the policy and on the sole security thereof, at a specified rate of interest, a sum equal to, or at the option of the owner of the policy less than, the reserve at the end of the current policy year on the policy and on...
Side 184 - ... shall be granted for the payment of every premium after the first, during which time the insurance shall continue in force.
Side 204 - INCONTESTABILITY. — This policy and the application therefor, a copy of which is endorsed hereon when the policy is issued, constitute the entire contract between the parties hereto, which shall be incontestable after one year from its date of issue, except for non-payment of premiums.
Side 183 - The loan will bear interest at the rate of six per centum per annum and may be paid off at any time while the Policy is in force. If interest be not paid when due, it shall be added to the principal, provided the entire indebtedness then outstanding shall be within the limit secured by the Cash Surrender Value; otherwise non-payment of interest shall render the Policy null and void after one month's notice shall have been mailed to the last known address of the Insured and Assignee, if any.
Side 118 - ... term insurance shall be due or payable unless satisfactory proofs of death be furnished to the insuring company within one year after death, and that, if death shall occur within three years after such non-payment of premium, and during such term of insurance, there shall be deducted from the amount payable the sum of all the premiums that would have become due on the original policy if it had continued in force.
Side 161 - ... expired, upon the production of evidence of insurability satisfactory to the company and the payment of all overdue premiums and any other indebtedness to the company upon said policy with interest at a rate not exceeding six per centum per annum payable annually.
Side 201 - ... and if such insurance shall be in force and the original policy shall not have been surrendered to the company and canceled, the policy may be reinstated within three years from such default, upon evidence of insurability satisfactory to the company and payment of arrears of premiums with interest.
Side 146 - DIVIDENDS: — Dividends at the option of the owner of this Policy shall on the First day of March of each year be either — (1) Paid in cash; or, (2) Applied toward the payment of any premium or premiums; or, (3) Applied to the purchase of paid-up additions to the Policy; or, (4) Left to accumulate to the credit of the Policy with interest at [three] per centum per annum and payable at the maturity of the Policy, but withdrawable on any anniversary of the Policy.
Side 179 - American experience table of mortality with interest at the rate of three and one-half per centum per annum) and...

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