Sentences with phrase «full death benefit amount»

If you die by any means after the first two years, the full death benefit amount will be paid to your beneficiaries.

Full death benefit amount can be accelerated in all states except Connecticut, where acceleration is limited to no more than 75 % of death benefit.

If you die by any means after the first two years, the full death benefit amount will be paid to your beneficiaries.

If you die within two years of buying your guaranteed life insurance policy, you don't get the full death benefit amount.

After two years have passed since buying the final expense policy, your beneficiaries will receive the full death benefit amount no matter what causes your death.

With the exception of accidental death, if you die within two years of buying a final expense policy, your beneficiaries will only receive the total amount of premiums you paid, plus a little interest, but not the full death benefit amount.

If you die because of an accident within two years of buying a final expense policy, your beneficiaries will receive the full death benefit amount.

«Graded» means these plans do not pay the full death benefit amount immediately upon approve

You won't get the full death benefit amount until you have owned the policy for two years.

Graded death benefit that pays 120 % of premiums if death occurs in first two years and the full death benefit amount thereafter.

Full death benefit amount can be accelerated in all states except Connecticut, where acceleration is limited to no more than 75 % of death benefit.

If you die within two years of buying your guaranteed life insurance policy, you don't get the full death benefit amount.

If you purchase a long - term care hybrid policy and never actually need long - term care, most life insurance companies have set it up so that the money you've paid in for the rider will ultimately be rerouted to your regular life insurance coverage, and your beneficiaries will receive the full death benefit amount.

The exact length depends on the insurance provider used, but it could be around two to three years for the full death benefit amount to go into effect.

A graded death benefit means that if the person insured dies within a certain period of time, the beneficiaries do not get the full death benefit amount.

Once the two years have passed, the full death benefit amount will go to your chosen beneficiary or beneficiaries regardless of the cause of death.

Once the two year anniversary has passed, the full death benefit amount will go to your selected beneficiary, regardless of death including suicide.

First: if you die within two years of buying a guaranteed life insurance policy, you may not get the full death benefit amount.

If you've paid your premiums on schedule, your beneficiary will receive the full death benefit amount you chose.

And these plans may have a graded death benefit, meaning the full death benefit amount won't be paid out if the policyholder dies within the first year or two of the policy.

For example, should the insured pass away within the first two years that the policy is in force, the beneficiary (or beneficiaries) may only receive back a refund of the premium instead of the full death benefit amount.

Since the policy is offered with no proof of insurability, Gerber includes the limitation which requires that the insured live for two full years past the policy inception date in order to qualify for the full death benefit amount.