Life policy covers entire family.
New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Life Insurance Co. has introduced Family Protection
Insurance, a term-life policy that can cover both adults and dependent
children with conversion privileges conversion privilege
See exchange privilege. and the ability to increase coverage
without further proof of insurability in·sure
v. in·sured, in·sur·ing, in·sures
v.tr.
1.
a. To provide or arrange insurance for: a company that insures homeowners and businesses.
b. at the same rate as at the initial
purchase. The maximum face amount per adult is $500,000 and up to $1
million after partial conversion.
COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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