Sentences with phrase «living benefits refer»

* Access to living benefits refers to various policy riders that include accelerated death benefit riders.

^ ^ Life benefit refers to the Sum Assured under the plan that will be payable on death of the life assured.

Not exact matches

Cash value life insurance refers to any life insurance policies that not only have a death benefit but also accumulate value in a separate account within the policy.

While our infant nutrition products meet the needs of non-breastfed babies during the first critical months of life, the functional benefits that are referred to on our products are scientifically substantiated - the result of many years of intensive research on how best to improve the formula composition.

More than 40 years of research has proven that in the early months of life, Kangaroo Care (KC)-- also referred to as skin - to - skin contact — creates remarkable benefits for mom and baby.

«Green exercise,» as they refer to it, dovetails research showing measurable benefits from living in proximity to green, open spaces.

The word probiotic itself refers to «live bacteria» that have shown health benefits for humans.

Probiotics, which also are referred to as «good bacteria,» are live microorganisms that are linked to many health benefits.

Probiotic, which literally means» for life,» refers to living organisms that are believed to benefit health when eaten in adequate amounts.

Recently referred to as «the queen of minimalism», I know a thing or two about living with less and all the benefits that go with it.

Please refer to the contract prospectus for more complete details regarding the living and death benefits.

«Direct term life insurance» simply refers to a term life insurance policy in which the party upon whose death the benefit would be paid out is the same party paying for the policy.

Rather, it refers to a broad category of life insurance that offers ongoing benefits for the life of the insured.

This is why we often refer to term life insurance as «renting a death benefit» and highly recommend purchasing convertible term life insurance if you choose to go this route.

The Colonial Penn Life Insurance Company specializes in life insurance products that have small death benefits and limited underwriting, a class of products often referred to as final expense insuraLife Insurance Company specializes in life insurance products that have small death benefits and limited underwriting, a class of products often referred to as final expense insuralife insurance products that have small death benefits and limited underwriting, a class of products often referred to as final expense insurance.

Cash value life insurance refers to a type of life insurance that, in addition to paying out a death benefit to your beneficiary or beneficiaries upon your death, accumulates cash value inside the policy while you are alive, that you can use for whatever you please.

By traditional methods, we're referring to life insurance policies that require full medical exams (paramedical exams) and lack living benefits.

Just like the guaranteed death benefit, the living benefit rider causes the variable annuity to morph into a different type of investment or what is commonly referred to as an immediate annuity.

The death benefit of a life insurance policy is the amount paid out upon the death of the insured, while cash value refers to the amount of funds in a permanent life insurance policy's cash account.

On the down side, purchasing term life insurance, even for SBA loan purposes, can be rightly referred to as «renting a death benefit».

Cash value life insurance refers to a wide variety of insurance policies that provide both a death benefit and the accumulation of cash value over a...

It refers to the brief summary of all the important features (Maturity Benefit, Life Cover, Sum Assured, Guaranteed and Non-guaranteed Benefits, Tax Benefit etc.) of the Insurance Policy.

The term «split dollar» refers to sharing the economic benefits (of a permanent life insurance policy) between different parties.

Homestead protection, referring to asset protection for your primary residence, is also a «no brainer» and may be an enormous benefit if you live in a state like TX or FL..

Guaranteed issue life insurance is sometimes referred to as a «last resort»; because the insurer really has no idea about what they're insuring, guaranteed policies are very expensive and the death benefits are usually less than what you'll get with other insurance types.

About Blog The term «Market Urbanism» refers to the synthesis of free - market economics and ethics, with an appreciation of the urban way of life and its benefits to society.

4) Cash Value Life Insurance — Refers to permanent life insurance policies, which not only provide the insured with death benefits, but also have the added advantage of having a cash value accumulation portion which grows tax free through the life of the polLife Insurance — Refers to permanent life insurance policies, which not only provide the insured with death benefits, but also have the added advantage of having a cash value accumulation portion which grows tax free through the life of the pollife insurance policies, which not only provide the insured with death benefits, but also have the added advantage of having a cash value accumulation portion which grows tax free through the life of the pollife of the policy.

Whole life policies offer living benefits, including tax - free dividends that may accrue (referred to as the policy's cash value); you may even be able to borrow money against the value of a whole life policy if there comes a time that you decide you need to do so.

While they are not all alike, most burial insurance plans — also referred to as final expense life insurance — will have death benefits that range anywhere from $ 1,000 up to $ 100,000.

It's often referred to as a lifetime term product because it has the simplicity of term life insurance with the benefit of a permanent life insurance product.

These policies are also referred to as Hybrid life insurance due to the fact it has new and additional benefits.

In many ways, Final expense insurance — which is also oftentimes referred to as funeral insurance or burial insurance coverage — works like most other types of life insurance in that, in exchange for a premium payment, a death benefit will be paid out to a named beneficiary (or beneficiaries).

Level Premium Whole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurLife Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurlife») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurlife of the policy (until the death of the insured).

Later, Ohio State Life was the first to advance death benefit payments to sustain the life of the policy holder (which is referred to as living benefiLife was the first to advance death benefit payments to sustain the life of the policy holder (which is referred to as living benefilife of the policy holder (which is referred to as living benefits).

There are new plan designs people can choose from with excellent benefits referred to as life insurance with living benefits.

If you have an accelerated death benefit, referred to as a living benefit rider, you can receive a portion of the death benefit while you are living.

Sometimes referred to as joint life insurance, this type of coverage offers death benefit payout either upon the death of the first insured or the death of the second.

On the other hand, whole life policies generally refer to a group of products that pay a permanent death benefit, but also accrue cash value over time.

When you buy a decreasing term life policy (sometimes referred to as mortgage life insurance), the death benefit is typically matched with the outstanding balance on your home loan.

«Burial insurance» usually refers to a whole life insurance policy with a death benefit of from $ 5,000 to $ 25,000.

Guaranteed issue life insurance is sometimes referred to as a «last resort»; because the insurer really has no idea about what they're insuring, guaranteed policies are very expensive and the death benefits are usually less than what you'll get with other insurance types.

It is also referred to as a living benefit rider.

Accumulation Benefits As a part of a life insurance policy, you may be able to get something referred to as accumulation benefits, which allows you to add as you Benefits As a part of a life insurance policy, you may be able to get something referred to as accumulation benefits, which allows you to add as you benefits, which allows you to add as you need it.

Refer to the New York Life Secure Term MVA II Features and Benefits section or the Examples and Explanation Flyer for more information.

Option A is often referred to as a «level death benefit»; death benefits remain level for the life of the insured, and premiums are lower than policies with Option B death benefits, which pay the policy's cash value — i.e., a face amount plus earnings / interest.

These types of benefits are also referred to as «Living Benefits» and have drastically increased the value of a life insurance policy to the ebenefits are also referred to as «Living Benefits» and have drastically increased the value of a life insurance policy to the eBenefits» and have drastically increased the value of a life insurance policy to the extremes.

They're both just terms that typically refer to whole life insurance policies for seniors with death benefits below $ 50,000.

Life insurance living benefits — also referred to as a policy's accelerated death benefits — can allow the policy holder to use some (or in some cases, even all) of the death benefit proceeds during his or her lifetime.

You will also see people refer to it as living benefits.

The definition of Class in a disability income insurance policy is referring to all people with the same policy form, Benefit Period, Elimination Period, age, gender, tobacco status, occupational class or optional coverage, living in the same geographic area of the state as each other.