Sentences with phrase «family life insurance policyholders»

Not exact matches

However, these days only a handful of insurers offer LTC insurance, so another option may be life insurance with an LTC rider, which allows families to tap into the benefits they would receive upon the policyholder's death while he or she is alive and requires care.

Life Insurance proves to be an effective tool for policyholders to save and protect the financial future of their family.

This allows for money to help the policyholder and his family while he is still alive, rather than having to accrue debt until such time as a life insurance policy pays out at death.

Whereas traditional term life insurance merely reassures its policyholders that their family members will enjoy some financial security after their passing, return of premium insurance ensures that they have something to show for their foresight.

The waiver of premium benefit can help to provide policyholders with peace of mind in that their family or their business will still be protected with life insurance, even if he or she was to suffer a long - term injury or illness or to become totally disabled.

Available only to existing American Family policyholders, the policy targets younger and first - time life insurance customers looking for a lower - cost policy.

SimplyProtected Term: Available only to existing American Family policyholders, the policy targets younger and first - time life insurance customers looking for a lower - cost policy.

ICICI Prudential Life today received an order from IRDAI directing it to take over the assets and policyholder liabilities of Sahara Life Insurance effective July 31 «We are pleased to welcome the new customers to the ICICI Prudential Life family.

As part of the Lincoln group, First Penn - Pacific underwrites and markets life insurance products that provide policyholders the security of knowing that the future of their family is protected from financial risks.

This added protection will go an extra mile to protect the future and provide a financial cover for the policyholder and their family,» said Manoranjan Sahoo, Chief Agency Officer, Reliance Life Insurance.

Under a Life Insurance Contract in India, the insurer assures to pay a definite sum to the policyholder's family on his demise during the policy term.

A life insurance company should have an effective claim settlement process i.e. it should settle claims quickly in a simple hassle - free manner when the policyholder's family needs help the most.

Life insurance is generally viewed concurrentlywith the death benefit it provides — the money paid out tothe policyholder's family members... read more

Term life insurance, which pays out a tax - free lump sum if the policyholder dies within the policy period, is an inexpensive way to protect your family's financial future.

Life insurance is generally viewed concurrently with the death benefit it provides — the money paid out to the policyholder's family members... read more

Term life insurance premiums are set based on the age, sex and health of the policyholder, as determined by a medical exam; also included factors such as driving record, medications, smoker or non-smoker status, occupation and family history.

Life insurance promises financial protection to the individual taking the policy, called the «policyholder», and his / her family and dependants after they are gone.

This term insurance plan not only aims at making life financially more secure for the family of the policyholder but also provides the advantage of earning back the premiums if the policyholder outlives the policy term.

Term Insurance Plans provide cover for the policyholder and guarantee a financially stable life to the family / dependents in case of unforeseen events.

Therefore, life insurance is not just an assured life cover for the policyholder's family, but it is akin to an inheritance that a policyholder leaves behind for his / her family.

The commitment that makes families strong guides everything Life Insurance Company of Boston & New York does for our policyholders, and agents.

Life insurance is a protection that is offered for the family of the policyholder — upon the death of the insured, the agreement requires that the insurance company stands by the stipulations of the contract and provides the benefits of the plan to the family of the deceased.

For instance, if a life insurance policyholder dies and her remaining family members are unaware of the existence of the policy, the proceeds should eventually be delivered by the insurer to the state, which can then distribute them.

Many young and healthy term life policyholders choose to purchase a convertible term insurance policy because of the low - cost premiums and basic coverage that it affords their family.

For many people, investing in life insurance is a wise choice to protect assets and support family members when the policyholder dies.

Life insurance is designed to lessen the financial burden left to family members after the policyholder's death.

A term policy is a very cost - effective measure to save your family, even if the term insurance does not promise any significant returns and there is no other add - on and additional benefits for the policyholder as they get in the normal and regular life insurance covers.

West Coast Life added its excellent reputation in the insurance industry amongst the agency community and, of course policyholders, to the growing list of the Protective Life family of policyholders.

The death benefit of universal and variable universal life insurance are tied to the success of investments, so the actual death benefit payout may be less than the policyholder planned to leave his or her family if the investments do not yield the anticipated return.

Life insurance companies provide financial security to the family of policyholder.

Edelweiss Tokio Life Protection is a pure Term Insurance Plan which provides a lump sum to the family in the event of death of the policyholder taking care of the income replacement needs.

Life insurance is generally viewed concurrently with the death benefit it provides — the money paid out to the policyholder's family members in the event of his / her death.

Aegon Life Easy Protect Insurance Plan is a term insurance plan where the death benefit is not paid in a lumpsum but paid in monthly installments so that the income needs of the family are met in the unfortunate death of the poliInsurance Plan is a term insurance plan where the death benefit is not paid in a lumpsum but paid in monthly installments so that the income needs of the family are met in the unfortunate death of the poliinsurance plan where the death benefit is not paid in a lumpsum but paid in monthly installments so that the income needs of the family are met in the unfortunate death of the policyholder.

Since life insurance serves as a financial shield for the policyholder's family upon his / her death, it must be ensured that complete and true details concerning the nomination are provided at the proposal stage itself.

By Definition Life insurance is meant to protect the policyholder's family against loss of income in case the policyholder meets a mishap or deceases due to some reason.

It is imperative to have a life insurance policy with an adequate sum insured so that it can replace the lost income and function as a financial buffer for the policyholder's family in the event of his / her demise.

The policyholder may also instruct the insurance company to give large sums of money to his / her family at important stages in their lives such as child's marriage, for child's higher education requirements etc..

Endowment plans serve the dual purpose of insurance and investment: they provide life insurance and also help the policyholder to save money over a period of time so that you receive a lump sum amount on maturation and a life cover to secure your family's future in the event of a tragedy.

Choosing an insurance policy with an accelerated benefits allows the policyholder to pay for their daily living in an effort to make it as comfortable as possible while also allowing the holder to look after his or her family once they pass away.

While significantly more expensive than a term insurance policy, permanent life insurance can guarantee protections for a policyholder's family after death.

Term Insurance is a simple life insurance product which helps protect the financial future of the family, in case of the unfortunate death of the poliInsurance is a simple life insurance product which helps protect the financial future of the family, in case of the unfortunate death of the poliinsurance product which helps protect the financial future of the family, in case of the unfortunate death of the policyholder.

The sole purpose of life insurance is to give financial security to the family of the policyholder in case of his absence, but in addition to the life cover, a life insurance policy offers you tax deductions also.

After searching on the internet Jayant realized that a term insurance policy is a traditional life insurance plan which provides financial protection for the family of the policyholder in case of death of the policyholder during the policy term.

When a policyholder is buying a life insurance policy it means that he is concerned about his family and financial stability.

West Coast Life added its excellent reputation in the insurance industry amongst the brokerage community and, of course policyholders, to the growing list of the Protective Life family of policyholders.

A young, and healthy policyholder will pay the cheapest rates for term life insurance coverage for 20 or 30 years, about the time when the financial responsibilities to your family start winding down.

The Survivor Stories series reflects the range of backgrounds and life experiences of NFIP policyholders — from a young family to a retiree — but collectively, they demonstrate the positive impact of flood insurance and the peace of mind that comes with protecting your family and home.