Sentences with phrase «illness benefit option»

While purchasing a term plan, you can choose the Critical Illness benefit option.
Critical illness benefit option - Upon diagnosis of any of the 40 specified critical illnesses, the benefit amount is paid as a one - time lump sum.
The premium paid for the purchase of Critical illness benefit option is exempt under Sec 80D of Income Tax Act.
It has an inbuilt accelerated critical illness benefit options (health cover).

Not exact matches

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.
«If done in the carefully controlled manner the Compassionate Care Act establishes, I firmly believe that allowing the closely monitored use of medical marijuana is a viable, dignified option that will benefit patients suffering from debilitating illnesses
The Sri Lankan workers making the boots are provided with benefits like subsidized meals for breakfast and lunch, transport to and from work, a welfare shop from which workers can buy everyday household goods, food and drink at discount prices, insurance options, and access to loans for things such as housing, education, critical illness and distress.
In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.
The option to accelerate a death benefit can be incredibly valuable given the high cost of hospital stays, medication and other expenses associated with a life - impacting illness.
An accelerated death benefit rider simply gives you the option to receive a portion of the death benefit early if you're diagnosed with a qualifying illness.
A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.
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.
As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)
For more on the different living benefit options available, please visit our article covering long - term care riders vs chronic illness riders, where we go more in depth of the pros and cons of life insurance with living benefits.
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.
Small Group Options Split Funded Plans Group Dental / Vision Group Disability Group Life & Accident Simple 401k Plan 401k Plan Rollover Cash Balance Pension 412e3 Pension Plan Payroll Deduction Sec. 105 HRA HSA with HDHP Major Medical (HDHP) Health Savings Account Voluntary Benefits Dental Coverage Accident Indemnity Critical Illness Disability Income Long Term Care Medicare Advantage Medicare MSA Medicare Supplement Medicare Part D
To be informed, in terms that you understand, of the nature of your pet (s)» illness and of treatment options (including risks and benefits) available both here and elsewhere.
In gauging the costs and benefits of various energy options, the authors include the costs from illness and death linked to pollution from fossil fuels.
Mortgage protection policies typically include benefits unavailable on straight life insurance products, options such as the return of premium, critical illness availability, terminal illness, confined care riders, and a simplified non-medical application process.
any CoverMe Critical Illness benefit amount with the Return of Premium Option, you must be 18 - 55 years of age.
If you should experience any qualifying critical, chronic, or terminal illness — such as a heart attack, stroke, or cancer, to name a few — you would have the option to collect part of your death benefit to help pay for expenses associated with your illness.
You also have the option of adding the Chronic Illness Plus rider, which allows 100 % of the death benefit to be accessed if you qualify.
The Chronic Illness rider gives you the option to accelerate a portion of your death benefit early if you are certified by a physician as being unable to perform at least two ADLs or activities of daily living (bathing, continence, dressing, eating, toileting, transferring) or if you require substantial supervision due to severe cognitive impairment.
The Terminal Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed as terminally ill with a life expectancy of one year or less.
On the life insurance side, Phoenix Life provides a wide range of different death benefit options, which include critical, terminal, and chronic illness options.
The Critical Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed with a heart attack, stroke, cancer, renal failure, major organ transplant or ALS.
These options include a disability waiver (available on the CPA Plan, but not on the Spouse Life plan), as well as an Accidental Death and Dismemberment (AD&D) coverage, and an accelerated death benefit option feature for terminal illness.
When you purchase the CoverMe Critical Illness plan with the Return of Premium Option and you reach your 75th birthday without making a claim, Manulife will reimburse all the premiums you paid — up to 100 % of your benefit amount.
Option 1, Wealth option: Whole life cover Option 2, Wealth + Care option: Additional health protection through Care Benefit — Company pays all future premiums on diagnosis of any one of the 5 listed critical illOption 1, Wealth option: Whole life cover Option 2, Wealth + Care option: Additional health protection through Care Benefit — Company pays all future premiums on diagnosis of any one of the 5 listed critical illoption: Whole life cover Option 2, Wealth + Care option: Additional health protection through Care Benefit — Company pays all future premiums on diagnosis of any one of the 5 listed critical illOption 2, Wealth + Care option: Additional health protection through Care Benefit — Company pays all future premiums on diagnosis of any one of the 5 listed critical illoption: Additional health protection through Care Benefit — Company pays all future premiums on diagnosis of any one of the 5 listed critical illnesses
Care Benefit: Under Option 2, Wealth + Care Option - on occurrence of any one of the 5 listed Critical Illnesses, all future premiums that would otherwise have been payable shall be waived for the remainder of the premium payment term and the company will continue to allocate units to your policy as if the premiums are being paid.
With this product option, not only are your loved ones protected financially from your death, but with the critical illness rider add - on you would be eligible to receive a portion of the death benefit if you were to be diagnosed with a critical illness, such as Alzheimer's.
This rider gives you the option to get paid a portion of your policy's death benefit while you are still alive if you are diagnosed with a terminal illness.
Under the first Option of Death Benefit called Option A, the Sum Assured net of the Terminal Illness Benefit already paid is paid to the nominee
The FirstLIFE Advisor that will explain the various life insurance options to you, and will also be able to introduce you to other benefits, such as Disability Cover, the Sickness and Permanent Incapacity Benefit, Critical Illness benefit as well as our Short Term Insurance and Medical Aid products should yoBenefit, Critical Illness benefit as well as our Short Term Insurance and Medical Aid products should yobenefit as well as our Short Term Insurance and Medical Aid products should you wish.
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.
Other key features of the Royal Sundaram Lifeline plan include tax saving benefits, family floater benefits as well as an option to obtain coverage for up to 11 critical illnesses.
If the policyholder chooses the Save Benefit under any of the plan option, then on death or critical illness, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and paid for by the company and the plan continues.
For Coverage Option III (Death Benefit OR Accelerated Critical Illness plus Waiver of premium Benefit)
If the chosen Benefit Payment Preference is Save - n - Gain under any of the plan option, in case of death or critical illness suffered by the insured during the tenure of the plan, the Sum Assured is paid to the beneficiary who is the child, all future premiums are waived off and 50 % of the premiums are paid by the company towards the plan and 50 % to the beneficiary on every premium due date and the plan continues.
this is a fixed benefit health insurance policy with flexible sum insured options for listed critical illnesses that are mentioned in the policy.
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.
This means that the policy provides the option to obtain an accelerated death benefit in the event that the insured is diagnosed with a chronic, critical, or terminal illness.
An accelerated death benefit rider simply gives you the option to receive a portion of the death benefit early if you're diagnosed with a qualifying illness.
With flexible premium payout options, the plan gives you the flexibility to customize protection through Kotak Critical Illness Benefit (CIB).
Additional options include accelerated benefits, accelerated benefits with critical illness, accidental death benefit, children's term, disability waiver, guaranteed insurability, minimum death benefit and spouse term riders.
Chola MS Critical Healthline Insurance Plan — this is a fixed benefit health insurance policy with flexible sum insured options for listed critical illnesses that are mentioned in the policy.
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.
A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.
And, there are also options for accessing cash value via loans and / or withdrawals, as well as through accelerating the death benefit if the insured contracts certain illnesses.
The living benefits provide you with the option to receive an accelerated death benefit in the event of a qualifying chronic, critical or terminal illness, while you are still alive.
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