Sentences with phrase «policy benefits usually»

Guaranteed Issue Policy benefits usually have a two - year waiting period before the entire death benefit can be paid to a beneficiary.

Modified Policy benefits usually have a two - year waiting period before the entire death benefit can be paid to a beneficiary.

Not exact matches

He's endorsed policies like direct drug price negotiation in Medicare (usually a Democratic wish list item that's despised by drug makers) while simultaneously promising to slash other regulations on the biopharma industry; he famously promised «insurance for everybody» yet ostensibly supports benefit cuts and a rollback of the Medicaid expansion, which has covered millions of the poorest Americans.

Whole life insurance policies are usually structured to mature when you turn 100 years old, at which point the cash value should equal the death benefit.

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

Almost all of this firepower is employed to the benefit of Democrats, whose constituencies already incline them to favor policies the teacher unions want - more spending, higher taxes, higher public employment, more regulations, more job protections, more restrictions on competition, more collective bargaining - and who, with union backing and pressure, can usually be counted on for support.

Death benefits are usually smaller than traditional life insurance policies.

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

You can change the death benefits during the life of the policy, usually after passing a medical examination, and you can pay premiums from your accumulated cash value.

Usually there are no added maturity benefits or bonuses with this kind of policy.

This is usually a rider that can be added to most disability policies, which makes sure the monthly benefit stays in line with inflation.

Usually having to do with terminal illness or catastrophic circumstances, this feature allows access to a portion of a life insurance policy's death benefit, or payout.

The repayments that you then make to your life insurance policy will usually have a low rate of interest — and, if you do not end up paying back these funds, the amount of the unpaid balance will be deducted from the death benefit that your beneficiary receives.

Benefits from life insurance policies are designed to replace «lost» income; they usually provide significantly more than you've paid into the policy.

Concerning these types of policies, the additional benefit rider is usually a wise purchase in order to obtain maximum guarantees.

An optional add - on benefit that waives policy premiums after the insured has been totally disabled for a predetermined length of time, usually six months.

Values for death benefits and premiums are usually determined at policy issue, for the life of the contract, and usually can not be altered after issue.

They also may feature graded death benefits, meaning you won't receive the full benefit amount if you die during an initial period of time (usually the first year or two of the policy).

If a couple sets up the trust jointly, the insurance policy purchased within the ILIT is usually a «survivorship» or second - to - die policy, so the death benefit won't be paid until the surviving spouse passes away.

An agent told us this benefit is usually included in new home insurance policies and that there is no surcharge.

Seg funds are simply a special kind of mutual fund with three extra features thrown in (for a fee, of course): (1) A certain amount of creditor protection, as they are considered as insurance policies (2) Downside protection in the form of a promise to return 75 % to 100 % of capital in a certain number of years, usually ten and (3) a death benefit that allows the beneficiary to redeem the fund at the purchase price in the event of death within the 10 year period.

However, these policies are generally restricted to people within a certain (older) age range (50 - 85 years old, for example) and benefit amounts are usually smaller.

Upon the policyholder's death, usually the insurer pays the face value of the death benefits for whole life insurance policies.

A whole policy provides more flexibility in that you usually have more freedom to change the overall death benefit, and this type of life insurance policy can accumulate a cash value.

However, Iowa life insurance policy regulations usually come into play once a claim is filed, and deal primarily with payment terms and other issues pertaining to the disbursement of benefits.

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.

Because the premium for survivorship insurance is based on joint life expectancy, the cost is usually less (per thousand dollars of death benefit) than it would be for a policy covering either life alone — and significantly less expensive than buying two separate policies.

Life insurance companies usually state that if the insured commits suicide within a specified period, usually two years, after beginning the policy, the company is not required to pay the death benefit.

The best return on investment is the one that has the best cost benefit ratio — but is usually best realized across a policy portfolio.

With economic public goods, it is usually difficult to determine and reach agreement on efficient policies because they involve estimating and balancing costs and benefits, where neither is easy to measure and both involve major distributional concerns.

The answer may be one of two things: 1) Your employer may not be aware of the difference between the two types of benefits OR 2) Your employer could be trying to pull the wool over your eyes — by having you make a claim under your personal STD policy (remember YOU pay for this and it is usually much less money and no medical benefits), instead of filing a claim for workers» compensation benefits against the company's insurance policy (the policy the employer pays for) it saves the company money (filing a claim will increase their premiums).

Usually, the disagreement about eligibility for ongoing long - term disability benefits occurs when the definition of «disability» in the insurance policy changes from an «own occupation» definition to an «any occupation» definition.

These benefits are usually obtained through the victim's own insurance company, however, these benefits are still available to those that do not have an insurance policy of their own.

Your benefits usually won't kick in until you have had the policy for 2 or, on some occasions three years.

Usually the question is... Which final expense company will accept all your health issues, and approve you for an immediate benefit policy?

People like this usually take out a $ 10,000 - $ 25,000 policy and the benefit is that there is no medical exam required and your premiums are guaranteed for life.

Graded / modified benefit policies usually have a waiting period of 24 to 36 months before the entire death benefit can be paid to a beneficiary.

Smaller benefits that will cover the costs of funeral arrangement and debts will usually be provided by a policy that is still relatively inexpensive.

An accelerated death benefit usually pays some of a policy's death benefit before the insured dies.

Those in higher income brackets usually should also opt life insurance policies with an increasing death benefit.

With the purchase of a permanent life insurance policy, usually a guaranteed universal life, the couple has the benefits of this policy.

Survivorship / Second - to - Die Life Life Insurance covers two individuals (usually a married couple), and pays it's death benefit after the passing of the second policy holder.

A second - to - die policy is unique in that there are two insureds (usually spouses) and a death benefit is only paid out upon the second insured's death.

Basically, it's a policy that covers two people — usually a married couple or life partners — and the second to die will receive the benefit after the first death.

Usually during the first two years of coverage, full policy benefits are limited.

These benefits are usually part of the policy that you purchase at no additional cost.

Free Online Life Quotes: Here, you simply enter the information that is required which is usually the amount of the benefits, your age, any particular health issue and other pertinent information and you will receive a free quote from the company for that particular policy.

Life insurance companies usually state that if the insured commits suicide within a specified period, usually two years, after beginning the policy, the company is not required to pay the death benefit.

Unlike other life insurance coverage, term life insurance rates can increase over time, the policy doesn't usually offer any sort of cash value benefit and even policies that offer the ability to convert the policy may end up being too expensive to continue coverage.

If your policy doesn't feature this benefit, you can usually add it as a separate rider.