Sentences with phrase «accident death benefit pays»

Not exact matches

However, the policy only pays a death benefit if you die due to a covered accident, such as a plane crash or sudden fall.
In addition, some mortgage protection policies will only pay a death benefit if you die from an accident, similar to accidental death insurance.
If you die, but not because of an accident (e.g. cancer), within the first two years, the death benefit will not be paid out, however, all your paid premiums plus a little interest will be paid to your beneficiaries.
With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.
If you die in a vehicular accident while wearing a seat belt, the insurer pays an additional death benefit.
The accidental death rider pays an additional benefit if the policyholder dies in a covered accident.
If you die as the direct result of a vehicular, air, or sea accident that you did not deliberately cause, your insurer will pay your beneficiary the accidental death benefit, which is normally twice the value of your insurance policy's face value.
If you die due to an accident, such as a car crash or sudden fall, the insurer will pay an additional death benefit.
Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fdeath of the Life Insured due to an accident subject to the rider policy being in force.
Accidental death insurance is a legitimate product that is similar to term life insurance, but only pays a death benefit if you pass away due to an accident.
In addition, there's a two - year waiting period after you purchase coverage during which, if you pass away for any reason besides an accident, the full death benefit would not be paid.
We'll pay up to $ 1,000 if your pet is injured during a covered accident (and even give you a $ 1,000 death benefit for your pet).
In addition, most insurers will pay a higher death benefit if you passed away while a fare - paying passenger in a «common carrier» accident.
However, the policy only pays a death benefit if you die due to a covered accident, such as a plane crash or sudden fall.
Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in - fdeath of the Life Insured due to an accident subject to the rider policy being in - force.
Often, the dismemberment benefit will pay a portion of the accidental death benefit for accidents in which the enrolled person or enrolled dependent would suffer the loss of any or all limbs, be paralyzed, lose sight, hearing, speech or specific combinations of injuries that inhibit mobility and activities of daily living.
Accidental death and dismemberment insurance pays a benefit if you die or are seriously injured in an accident.
Accidental death benefit will also be paid (if rider is opted and on death due to accident).
With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.
However, some life insurance companies have recently begun offering «beginner» life insurance policies that are inexpensive, but only pay a death benefit if you die because of an accident.
An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.
It will pay an additional benefit in the case of a death resulting from an accident.
Under this benefit, a sum of money is paid over and above the death benefit in the event of death caused due to an accident.
This type of policy pays your beneficiary a fixed amount of death benefits if you die in an accident.
If death or injury occurs more than three months after an accident, the benefit might not be paid out because the resulting death or injury was outside the specified insurance policy time frame.
While you are allowed to deduct union dues and initiation fees paid to the union, you are not permitted to deduct payments or contributions used to pay for sick, accident or death benefits.
In case you are worried about dying from an accident, this rider will allow you to choose a death benefit to be paid on top of the primary coverage resulting from an accidental death.
Accidental death and dismemberment insurance pays a cash benefit if you die or are seriously injured in an accident.
Accidental Death Benefit — In case of a death due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficDeath Benefit — In case of a death due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficdeath due to accident, the PA policy would pay 100 % Sum Assured to the nominee / beneficiary.
(1) The insurer shall pay a death benefit in respect of an insured person who dies as result of an accident,
If a loved one is killed in a motor vehicle accident, then ICBC should be paying for funeral and death benefits.
There is a death benefit that will be paid to dependants, regardless of who was at fault for the accident.
(1) The insurer shall pay a death benefit in respect of an insured person if he or she dies as result of an accident,
If no other vehicles were involved, you should have access to your own accident benefits coverage, which will pay for your medical and rehabilitation expenses (up to $ 150,000), lost wages of up to $ 300 per week, and death benefits — irrespective of fault.
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.
If death occurs by a covered accident, this benefit pays an additional lump - sum benefit to your beneficiaries.
This rider offers an accidental death benefit that is equal to the policy's face amount — and pays out in addition to the whole life insurance benefit if the insured dies as the result of a covered accident.
If the insured dies in an accident while he or she is a fare - paying passenger on a common carrier (e.g., airplane, train, or bus), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.
However, if your death is due to an accident in the first 2 years, the company will pay out the full death benefit.
It will pay an additional benefit in the case of a death resulting from an accident.
Accidental Death Benefit: pays an additional death benefit equal to the policy face amount if death is due to an acciDeath Benefit: pays an additional death benefit equal to the policy face amount if death is due to an acBenefit: pays an additional death benefit equal to the policy face amount if death is due to an accideath benefit equal to the policy face amount if death is due to an acbenefit equal to the policy face amount if death is due to an accideath is due to an accident.
An accidental death benefit is a form of insurance that pays a claim if your death is a result of an accident.
Also note that even during the initial 2 or 3 year period, if death occurs as a result of an accident, then the full death benefit would be paid.
Pays an additional lump sum death benefit upon insured's death if such death occurs by covered accident.
If, however, the death was due to an accident, the full amount of the death benefit will be paid.
It will pay out an additional death benefit if you pass away specifically from an accident.
Graded death benefits means that if the policyholder dies of natural causes (any cause other than an accident) during the first two years the beneficiaries will receive all premiums paid plus 10 percent.
However, if you should pass away during the first two years due to an accident, they will pay out the full death benefit.
Will pay an additional lump sum death benefit, the equivalent of 100 % of the face value of the policy, if death occurs by a covered accident.
If death should happen as a result of an accident, they will pay the death benefit.
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