Sentences with phrase «multiple death benefits»

Multiple Death Benefits Payout Options are offered for Protection according to your Family's Needs:
It provides multiple death benefit options like Life Cover, Life Cover with inbuilt Accidental Death Benefit, Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability and Life Cover with inbuilt Waiver of Future Premiums payable on Critical Illness.

Not exact matches

IFC Films said The Death of Stalin «sold out multiple shows on both coasts after benefiting from rave reviews and strong word of mouth.»
The most common payout structure is 50 % of the death benefit per limb and 100 % for the loss of multiple limbs (with the maximum total payout being 100 %), but there are often differences by insurer.
In the event of multiple Accidental deaths per account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit of insurance equal to two times the Benefit Amount for loss of life.
Get quotes from multiple insurance companies and make sure that the death benefit and premium amount are satisfactory for your needs and budget.
Term life insurance is the cheapest form of coverage, you can choose a death benefit that covers multiple loans or expenses, and you can choose your beneficiary.
When there are multiple beneficiaries, life insurance companies will generally wait until all paperwork has been received before they issue death benefit payouts.
If you need to report multiple child death benefit income streams or child reversionary income streams per member you must complete multiple reports.
We once heard a story from an agent regarding someone who needed $ 1,000,000 in term life insurance and used multiple no medical exam life insurance companies to meet the death benefit need.
When you purchase a life insurance policy, you'll be given the option of designating one or multiple beneficiaries to receive a death benefit in the case you pass away.
If you want to have multiple life insurance beneficiaries, there are 3 ways to assign the death benefit each will receive:
The policyowner can name one person as a beneficiary, like a spouse or child, or multiple people, with the death benefit split into percentages until 100 % of the death benefit is accounted for.
In cases where there are multiple beneficiaries, the insurer will split the death benefit according to the instructions you've left in your contract, but otherwise still pay each recipient a lump sum.
«It would also benefit the community as raging would be reduced due to recommended blazing after multiple deaths
Double Indemnity This term, no longer in common usage, refers to an accidental death benefit, which may pay a multiple (often double) of the stated death benefit if death results from an accident.
When you have MS, you can unequivocally secure a very low priced level death benefit with multiple carriers.
You will easily qualify for a level death benefit with multiple companies.
The new policy designs can offer multiple types of benefits, not just a death benefit.
A popular choice for people who can't qualify for term life insurance with Multiple Sclerosis is a graded death benefit life insurance policy.
By eliminating costs for multiple policies and with the new mortality tables, you may see an increase in your death benefit with no additional premiums.
If the Multiple Sclerosis is very severe and you're on disability, and you need help with activities of daily living then the best bet is probably to go with a graded death benefit policy.
With the whole life insurance policy through Colonial Penn, the full amount of the death benefit will be paid out to a named beneficiary (or multiple named beneficiaries), regardless of when death occurs.
If you have a pulmonary embolism or have been diagnosed with deep vein thrombosis, you will have zero issue qualifying for a level death benefit with multiple companies.
The policyowner can name one person as a beneficiary, like a spouse or child, or multiple people, with the death benefit split into percentages until 100 % of the death benefit is accounted for.
Death benefits are paid at 100 % of the policy limit; dismemberment benefits are paid at a percentage for one loss and increase for multiple losses up to 100 % of the policy limit.
You're pretty generous, so you have multiple primary beneficiaries: Jane, Don, Mike, and Kate, each getting 25 % of your death benefit.
The plan promises multiple benefits in case of insured's death during the tenure of the plan.
You can buy multiple units of coverage in order to get a larger death benefit.
We have always wished for single insurance plan to provide us multiple benefits besides its core offering (in this case, death benefit).
When there are multiple beneficiaries, life insurance companies will generally wait until all paperwork has been received before they issue death benefit payouts.
This benefit provides coverage in case of accidental death or loss of one or multiple limbs in an accident.
Accidental death and dismemberment benefits, normally limited to a multiple of the employee's annual salary
Beneficiary can be one person, like a spouse or child, or multiple people, given different percentages of the face amount until 100 % of the death benefit is accounted for.
Platinum boasts multiple new features at no additional cost, including a return of premium rider, guaranteeing the policy's cash surrender value will never be less than the premium payment; accelerated benefit riders for chronic illness, critical illness, and terminal illness; and a charitable giving rider, a unique feature that provides an additional death benefit of 1 percent of the policy face amount to the applicant's charity of choice.
However, unlike other contracts wherein fulfilling certain obligations from both sides will generally be simultaneous, in life insurance contracts, the customer fulfils his obligations of payment of premium either immediately (single premium) or periodically (annually) with a hope and belief that the other party (insurer) will be fulfilling his part of the obligation in due course through multiple events like partial withdrawals, loans, survival or maturity benefits, surrenders or any live or death claim as per contractual obligations.
If you already have multiple beneficiaries, reviewing how much of your death benefit each person may receive can be helpful in confirming that your policy will be able to help protect your loved ones in just the way you intend.
In the case of an employee making $ 245,000, if a 10 × multiple is used, that employee will receive a death benefit equal to $ 2,450,000 ($ 245,000 × 10).
If multiple beneficiaries or survivors are listed on a policy or annuity, each individual is required to complete a death claim form to receive the applicable death benefit.
Determining amounts to be received by multiple beneficiaries should be done as a percentage of the amount to be dispensed at the time of expiry since the death benefit of permanent policies may change as their cash values increase or decrease over time.
If you choose multiple beneficiaries, you must specify what amount or percentage of the death benefit each beneficiary should receive.
Death benefits can be determined by a number of different methods at the discretion of the employee: from a minimum coverage of group term insurance to a permanent benefit up to a pre-determined multiple of the employee's reported W - 2 income.
All of this with multiple payout options for the death benefit Sum Assured in the form of lumpsum, monthly payouts and combination of the two.
Round up to the nearest $ 250,000 if your death benefit is near a multiple of this figure.
Riders strengthen the protection offered by a term insurance policy by offering multiple benefits apart from a core offering of the death benefit.
Under the ladder strategy, you buy multiple, smaller policies of varying death benefits and terms.
The death benefit multiple used to calculate the death benefit payable is available under 2 options and the choice depends on the entry age, PPT and policy term
However, if you are your family's primary earner, have multiple children to send to college, or a large mortgage balance, you may need a larger death benefit to ensure your family can cover all their obligations without your income.
Death Benefit: In case the insured dies, the nominee shall receive the higher of base sum assured or 105 % of premiums paid or a multiple of annual base premium plus non-guaranteed accrued bonus and terminal bonus, if any
In case of death of the insured during the tenure of the plan, the death benefit payable will be higher of the Sum Assured which is the annual premium multiplied by the Sum Assured multiple or maturity Sum Assured or 105 % of premiums paid till death
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