Sentences with phrase «death benefit options for»

In case of the unfortunate event of the death of the life insured during the policy term, there are 2 death benefit options for the payout which are:

Not exact matches

Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

Optional death benefits are available for an additional fee and may cause the Fixed Account Options to be unavailable.

For some people, an annuity is a good option because it can provide regular payments, tax benefits and a potential death benefit.

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.

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.

The basic features of variable annuities include tax - deferred growth, 1 choice of professionally managed investments, optional benefits (available at an additional charge), that can help protect your investment from market declines, 2 choice of payout options and a death benefit to help you provide for your beneficiaries.3

If the beneficiary is a minor, another option is an «interest income» payout, which makes guaranteed payments toward the interest on the death benefit for a specified time — for example, until the minor comes of age — at which point the benefit amount becomes available to that beneficiary.

However, if you're healthy or want a larger death benefit for income replacement once you pass, we recommend that you compare quotes from other insurers, as you'll get better prices and a wider set of options elsewhere.

Option for benefits to continue even after the death of the life insured (when premium waiver rider is opted)

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 custDeath 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 cuBenefit 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 custdeath, 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 custdeath benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit option selected by the cubenefit option selected by the customer.

Borrower benefits: RISLA offers its borrowers options like loan forgiveness in the case of death or permanent disability, forbearance for up to 12 months for borrowers who go back to school, and co-signer release after 24 months of on - time payments

Though available to all contract owners, the Global Atlantic Portfolios are also ten of eleven managed risk investment options qualifying as choices for optional living and death benefits, when applicable.

In addition, Sagicor's simplified issue whole life and universal life insurance policies have higher options for death benefits than you can find almost anywhere else.

After your death, flexible options for withdrawals with potential tax benefits for your beneficiaries

In addition, Northwestern Mutual offers the option of paying a higher premium to guarantee the death benefit, an option that's not standard for most variable universal policies.

The fact that the cost of insurance rises as you age, and that there are some strategies for increasing death benefits and strategically managing the policy throughout the years to manage the various indexes and crediting options, means that it isn't simple.

It is a great option for someone looking for lifelong death benefit protection at the lowest cost.

With hybrid long - term care life insurance policies you get a death benefit payout along with the option to use the policy if you are faced with the need for qualifying long - term care services.

It is a great option for someone young, who needs additional death benefit protection, but does not want to spend the extra amount on more permanent coverage.

Few, if any, investment options for the cash value that will eventually comprise all of the death benefit.

For maximum whole life insurance cash value growth, choosing the paid - up additions option, which purchases additional paid - up insurance, will further enhance your policy's cash value and grow your death benefit.

Annuities can provide you with guaranteed * income options regardless of how long you live, and can provide valuable death benefits for your heirs.

Your benefit options are 2 % or 4 % of the death benefit, subject to $ 360 daily and $ 10950 a month IRS per diem limits for 2017.

Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.

AIG is our favorite company for guaranteed issue whole life insurance because they also offer the option of accelerating the death benefit if you become ill.

Indexed Universal Life offers some additional benefits over Universal Life, including potential for higher returns and two death benefit options.

Symetra also has consistently low rates for guaranteed universal life insurance, with the option of accelerating the death benefit if you are diagnosed with a chronic or terminal illness.

Upon your death, loved ones receive income tax - free death benefits, and, while living, you have options for accessing the cash values.

This option is called an accelerated death benefit and is a common feature for life insurance policies.

a feature of certain debt instruments that allow for the estate of a deceased investor to «put back» or redeem that instrument without penalty; bonds that carry a survivor's option usually redeem for par value when the survivor's option is exercised; in either case the benefit of the survivor's option can not be realized unless the original investor in the asset has died; because investor mortality risk must be taken into account when underwriting assets that carry a survivor's option, these assets are more complex and expensive to issue; also known as a «death put»

The term life rider is a fantastic option for young adults just starting out who want to practice infinite banking but don't have the budget and want a sizeable death benefit to protect the family.

With regard to permanent life insurance with a guaranteed insurability option, this feature, in addition to the customary death benefit, may provide a financial cushion for children well into their adult years.

While a burial policy is certainly an excellent option if it is inexpensive, contains no provisions for waiting periods or pre-existing conditions, and comes with a reasonable death benefit, you may want to investigate other options.

A PerspectiveSM variable annuity includes a standard death benefit and the option to choose one of our enhanced benefits that for an additonal fee offers the potential to increase the amount of money you provide when the time comes.

MarketProtector Advisory offers the same benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

One thing that seniors might consider is a single premium option which is a lump sum payment into a policy in return for a certain amount of death benefit.

New York Life Legacy Creator (SPVUL) is a flexible, single premium variable universal life insurance product that offers death benefit protection and the potential for tax» deferred cash value accumulation through policy investment options.

For Lifeguard Freedom Flex DB, the Roll Up Death Benefit or Combination Death Benefit the Fixed Account Options are not available, and the charges are deducted quarterly against the investment optionOptions are not available, and the charges are deducted quarterly against the investment optionsoptions only.

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.

The reason for quicker cash accumulation is the higher initial premiums along with a lower starting death benefit associated with this option.

Optional death benefits are available for an additional fee and may cause the Fixed Account Options to be unavailable.

An MVA will not apply if a payment option is elected that provides annuity payments for five years or longer, to pay a Death Benefit, or if the Confinement / Terminal Illness Waiver of Surrender Charge requirements are met.

We recognise that individuals and funds did what they believed was a valid option to prepare for the changes, and we are looking to provide a PCG clarifying that we will not undertake compliance action where someone has rolled a death benefit income stream to accumulation phase under the current law.

Life Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of need.

Whole life insurance — a type of permanent policy — may be an option for people looking for a death benefit in addition to cash value that can be accessed while they are living.

The Trendsetter Super Series includes the option for an accelerated death benefit if you have over $ 50,000 in coverage, but you can add this feature as a rider for smaller policies.

Guaranteed universal life insurance is an attractive option for many that bridges that gap of financial insecurity, allowing policy holders to lock in a guaranteed death benefit and premium payments while providing flexibility and stability for households.