Sentences with phrase «death insurance provides»

This is because accidental death insurance provides a cash benefit if the loss of the insured's life is due to an accident (as versus due to an illness or natural causes).

Accidental Death Insurance provides protection for your family and peace of mind for you.

Not exact matches

The United States Government Life Insurance program was approved by Congress in 1917 and provided an alternative to commercial insurance which either did not pay out in deaths caused by war or charged extremely high premiums for the Insurance program was approved by Congress in 1917 and provided an alternative to commercial insurance which either did not pay out in deaths caused by war or charged extremely high premiums for the insurance which either did not pay out in deaths caused by war or charged extremely high premiums for the coverage.

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

While Old Age Security and the Guaranteed Income Supplement were designed to provide a basic minimum amount to Canadian seniors, the new Canada and Quebec Pension Plans were contributory social insurance programs established to provide basic death, survivor and disability benefits as well as retirement coverage.

Since a funeral costs around $ 10,000 on average, guaranteed issue insurance should provide a large enough death benefit if you just want to take care of final expenses.

This has the impact of providing you cash as well as reducing the life insurance policy's death benefit.

However, if you want enough coverage to send a child to college or pay off a mortgage, guaranteed acceptance insurance won't provide a large enough death benefit.

If your company offers group life insurance, accidental death and dismemberment coverage is often provided alongside your policy.

Note if your primary concern is travel - related death or dismemberment, know that your credit card may already provide travel insurance free of charge.

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

We maintain broad - based benefits that are provided to all employees, including our 401 (k), flexible spending accounts, medical, dental and vision care plans, life and accidental death and dismemberment insurance policies and long - term and short - term disability plans.

Many people use a cash value life insurance policy to save for their retirement and to provide a death benefit to their beneficiaries.

If you do, you should have life insurance to provide for your dependents in the event of your premature death.

However, permanent life insurance solutions that focus on providing lifetime guaranteed death benefits, such as these, are typically less expensive than other types of permanent life insurance that emphasize savings opportunities.

Travel Accident Insurance provides up to $ 250,000 in accidental death and dismemberment insurance while traveling on a Common Carrier Conveyance (plane, train, ship, helicopter, or bus) when the entire fare has been charged to Insurance provides up to $ 250,000 in accidental death and dismemberment insurance while traveling on a Common Carrier Conveyance (plane, train, ship, helicopter, or bus) when the entire fare has been charged to insurance while traveling on a Common Carrier Conveyance (plane, train, ship, helicopter, or bus) when the entire fare has been charged to the Card.

Term Life Insurance from Fidelity is a low - cost solution that can help provide financial resources for your family in the event of your premature death.

Indexed universal life insurance is similar to other universal life insurance in that it is a permanent life insurance policy that provides protection for loved ones — with a death benefit plus the potential for cash accumulation.

Lifetime Foundation is an innovative permanent life insurance product that provides a flexible death benefit guarantee that adjusts over time.

Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

«Given the death benefit provided, the cost is extremely low,» said Kevin Lynch, an assistant professor of insurance at The American College in Bryn Mawr, Pennsylvania.

Lifetime Provider offers life insurance coverage that provides affordable death benefit protection, offers cash value growth that can help support the death benefit — or help out with life's unexpected events.

This new generation of indexed universal life insurance is... Built to be flexible: Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

Potential buyers need to perceive the value of permanent life insurance as providing more than just a death benefit, he added.

While term life insurance and permanent life insurance policies provide a death benefit, they differ in many other respects.

In both examples, term life insurance would provide an ample death benefit to the beneficiaries at a much lower cost than permanent life insurance, which may not be within the financial reach of these buyers.

OPTerm policies are renewable and convertible term life insurance which provide a level death benefit.

However, given the complexity of the policy, the additional costs correlated with permanent life insurance policies, and the potential to lose the entirety of the account's cash value, it's not recommended if your primary intent is to provide financial coverage in the case of your death.

In a typical split dollar arrangement, the employer funds all or part of the cost of providing an employee with life insurance protection and then recoups the cost by sharing in the insurance proceeds at the employee's death.

King Arthur Flour provides basic Life Insurance and Accidental Death and Dismemberment (AD&D) Coverage equal to two times an employee - owners annual salary, up to a maximum of $ 200,000, for no cost to eligible employee - owners.

N.J.S.A. 18A: 40 - 41.5 (2010) provides immunity from liability for school districts for the death or injury of a person due to the action or inaction of persons employed by or under contract with a youth sports team, provided there is an insurance policy of not less than $ 50,000 per person per incident, and a statement of compliance with the school district or nonpublic school's policies for the management of concussions and other head injuries.

If the author wants to provide for his kin after is death, he can take up a life insurance policy like any other working stiff.

Term life insurance is designed to provide death benefits to the named beneficiaries of the policyholder.

The Penn Mutual Guaranteed Choice Whole Life insurance policy is a participating whole life insurance policy designed to provide three guaranteed items: death benefit, cash value accumulation, and fixed premiums.

You purchase it, and in the event of your death, your loved ones will receive the funds provided by the insurance -LSB-...]

Term life insurance is a life insurance policy that provides a death benefit to the policyholder's beneficiaries if that person dies within the specified «term» of the policy.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

This has the impact of providing you cash as well as reducing the life insurance policy's death benefit.

Gerber Life also provides whole life insurance for adults, with policy death benefits ranging from $ 25,000 to $ 150,000.

Gerber's term life insurance also provides between $ 25,000 to $ 150,000 of coverage, and doesn't require a medical exam if you're under 50 or want a death benefit of up to $ 100,000.

A basic life insurance policy provides death benefits and is designed to cover loss of income, end - of - life expenses, funeral costs and other financial requirements your loved ones may have should you die unexpectedly.

Term insurance can ensure that there is no financial disaster after the death of a loved one who provides for your family.

The death benefit a term insurance policy provides can cover bills, a funeral, the mortgage, and even college tuition.

Accidental death and dismemberment insurance provides benefits to your family if you pass away or become disabled in an accident.

Two lacks health insurance for me and family and Approx. 15 lac accidental death employee group insurance coverage, both are company provided.

If you have a life insurance policy, a payout of the death benefit is preceded by a claim providing a death certificate.

Travel accident insurance through credit cards typically provides coverage in the event of death or dismemberment during the course of common carrier travel — that is, travel on a vehicle that's open to anyone who pays a fare or buys a ticket and runs on a regular schedule (e.g. planes, trains, ferries, and cruise ships).

A life insurance policy provides a payment in the event of your death that can help protect your family's lifestyle in the absence of your earning power.

Both are permanent life insurance and both have the ability to be structured to provide either maximum death benefit protection or cash value accumulation.