Sentences with phrase «death benefit option selected»

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the customer.

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the customer.

Not exact matches

In addition, an optional enhanced death benefit is also available if the annuity owner selects the life income option with a protected period at the time of policy issue.

Jackson AscenderPlus Select offers traditional fixed annuity benefits, such as guaranteed minimum interest, death benefits, and flexible retirement income options including LifePay ®, an optional income rider available for an additional charge.

Contracts in which a Life Only payout option is selected do not provide a death benefit either prior to, or after, the designated start date.

Unlike term life insurance policies, which do not build a cash value and always have a level death benefit, permanent life insurance policies allow the owner to select a level or increasing death benefit (sometimes called option 1 or option 2).

With the Income Provider Option, you have the ability to select a guaranteed income stream of up to 30 years as your death benefit payout.

An accelerated death benefit rider of up to $ 250,000 is included at no extra charge and policyholders are given the option to select a specific death benefit protection period for added flexibility.

Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requiroptions, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requiBenefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requibenefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirOptions to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.

These contracts have no cash surrender value and contracts in which a Life Only payout option is selected do not provide a death benefit either prior to, or after, the designated income start date.

When you take a death benefit from an insurance company, you can select from a number of payout options.

Owners can select an annuitization option that results in a higher monthly benefit, but forfeits any remaining monies still in the account after death.

The policy usually gives you an option to select one or two types of death benefits.

Option to select accidental death benefit where in case of death of policy holder due to an accident, an additional equal sum assured would be paid to the nominee.

In addition, an optional enhanced death benefit is also available if the annuity owner selects the life income option with a protected period at the time of policy issue.

If you want the maximum amount of death benefit now, the second option should be selected.

A policy with cash value also can provide a higher death benefit for beneficiaries, if the appropriate options are selected at issue.

Selects Survival Benefit Option B, Death Benefit Option 10X with a policy term of 20 years, premium payment term of 10 years and Sum Assured amount of Rs. 4,00,000

In case, any of the mentioned Critical Illness occurs, the Benefit is paid to you as a Lump sum amount, as selected during the inception, heedless of the death benefit payout option you choose, subject to the policy being in function and the payment is made for all the due paBenefit is paid to you as a Lump sum amount, as selected during the inception, heedless of the death benefit payout option you choose, subject to the policy being in function and the payment is made for all the due pabenefit payout option you choose, subject to the policy being in function and the payment is made for all the due payments.

In addition to offering such basic benefits as accidental death and permanent partial / total disability coverage, various group accident covers offer an option to choose additional benefits for all or selected members of the group.

Death benefit — the death benefit is paid as per the coverage option selected by the policyhoDeath benefit — the death benefit is paid as per the coverage option selected by the policyhodeath benefit is paid as per the coverage option selected by the policyholder.

Step 3 — in case of death, whether normal or accidental, the death benefit would be paid according to the plan option selected by the policyholder.

Regular Income: Here there is an option to select to receive the death benefit for a period of 36, 60, 120 or 180 months.

Option 2 — A selects the monthly income benefit in case of death.

A settlement option for life insurance where the death benefit is paid with interest in equal payments within a selected period of time.

The policy holder has 2 options (in case regular premium mode has been selected) to decide on the death benefit payable to the nominee at the time of buying the iMaximize Plan.

The death benefit in a whole life policy over time will typically grow as well if you select the paid up dividend option.

The policy holder has 2 options (in case regular premium mode has been selected) to decide on the death benefit payable to the nominee at the time of buying the

Currently, a life annuity pays about 9 % of the purchase price if you select an option where there is no death benefit.

An accelerated death benefit rider of up to $ 250,000 is included at no extra charge and policyholders are given the option to select a specific death benefit protection period.

On death during the Policy Term, the nominee will have an option to select either a) Lump sum Death Benefit or b) Income for 10 years post death during the Policy Term, the nominee will have an option to select either a) Lump sum Death Benefit or b) Income for 10 years post Death Benefit or b) Income for 10 years post deathdeath