Sample Life Insurance Policy Pdf
All information is as of january 31 2009 and assumes all premiums are paid to date.
Sample life insurance policy pdf. Pamela g yellen. Signed at milwaukee wisconsin on the date of issue. Principal life insurance company des moines iowa 50392 0001. This page left blank intentionally.
Provisions will be as described in the group policy. Sample policies are provided in adobe pdf format. Sample data page 001234567l data page policy number 001234567l owner s mary smith and john smith policy date september 1 2017 lives insured and schedule of benefits initial annual premium payment maturity or expiry date life insured s. Monthly processing day means the same day of the month as the policy date.
Anything could happen that is why with the help of your insurance policies you would still be able to lessen the. Only those elements specifically noted are guaranteed. Having insurance policies is in compliance with the law. Policy means the written contract between you and us that describes the insurance coverage on a life insured.
Subject to the payment of the premiums relating to this policy and the terms and conditions attached to it we will pay you the insured benefits. Life insured means a person whose life is insured under this policy. The life insured is the individual named in the policy whose life is covered by the base policy. Whole life policy eligible for annual dividends life insurance benefit payable on death of insured.
Whole life policy life insured. January 31 1992 plan. This illustration contains both guaranteed and non guaranteed elements. Choose from the sample life insurance policies below for complete coverage terms and conditions including benefits and exclusions.
Plan coverage and benefits policy number. 250 000 00 coverage increases from dividends. The term of this policy meaning the period you have insurance cover for will continue as long as the premiums are paid or until such time as the policy expires or is cancelled. You will not be able to put up your business or meet statutory and contractual requirements without an insurance.
Mary smith and john smith insurance age. Significant terms in this life insurance illustration are defined below. Insurance policies mitigate risk and put risks at bay. Every life insured is named in the policy schedule.
The northwestern mutual life insurance company agrees to pay the benefits provided in this policy the policy subject to its terms and conditions. Premiums payable for period shown on page 3.