It enables you to
add an additional death benefit to your policy without jumping through the normal hoops.
In any event, a term rider can be utilized to
add additional death benefit during the time that the whole life policy death benefit is accruing and this term rider can drop off at a later date.
Not exact matches
Adding a paid up additions rider or paid - up
additional insurance rider allows you to make
additional monthly or annual payments into your policy to increase the
death benefit and cash value.
Optional Riders:
Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental
Death and Dismemberment, Waiver of Premium, and Accelerated Living
Benefit may be
added to some policies as riders.
Value Enhancement Rider: The VER is a whole life insurance rider that allows you to
add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your
death benefit and cash value.
In addition, riders can be
added to each policy that allow you to adjust the
death benefit, either so that it increases over time, it decreases over time, or you're able to purchase
additional coverage later without medical questions.
They have an
additional accelerated
death benefit rider that you can
add.
Additional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and c
Additional Paid Up Insurance (API) Rider: allows you to
add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and c
additional premium payments to your policy to purchase «paid - up» life insurance, increasing your
death benefit and cash value.
Keep in mind that taking money from your policy will immediately reduce the cash value and
death benefit, and can lead to the need for
additional premiums to be
added into the policy in the future.
A greater life expectancy
adds additional premium payments, and also reduces the NPV of the
death benefit (because it's discounted over a larger number of years waiting for the payout to occur).
Some companies may want to
add an
additional layer of
benefits to the employee, and might use the life insurance policy as a makeshift deferred
benefit plan, dedicating a certain percentage of the
death benefit to the employee's beneficiaries, rather than just the company.
Paid - Up Additions Amounts of life insurance purchased either by policy dividends or by
additional premium, and
added to the original life insurance policy to increase the
death benefit and cash values.
Accidental
death benefit rider: You can
add additional coverage in the form of an accidental
death policy.
Lincoln Heritage's accidental
death and dismemberment coverage is one of their most promoted
add - ons, and can
added to your final expense policy to offer up to $ 100,000 in
additional death benefits.
Optional Riders:
Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental
Death and Dismemberment, Waiver of Premium, and Accelerated Living
Benefit may be
added to some policies as riders.
You can
add an
additional Long Term Care Rider to your policy that allows you access to the
death benefit to help you cover costs associated with long term care.
Under the
added paid - up options the policyholders are allowed to get their paid - up additions using their bonuses which would accumulate in their plan making this plan an
additional guaranteed assured - sum which is paid as maturity or
death benefits.
The
Additional Death Benefit is calculated by
adding up the discounted value of the money - back
benefits payable in the last 4 years of the policy and the inbuilt Family Income
Benefit
A policy
add - on that will have the Insurance Carrier pay out an
additional benefits — up to the full amount of the
death benefit — if either the insured's
death is the result of an accident or loses a limb or digit because of an accident.
Aegon Life
ADD Rider is available which provides
additional benefits in case of Accidental
death, disability and dismemberment of the policyholder.
When the dividends are used to buy
additional «paid - up insurance,» that can
add an estimated $ 500,000 to cash value by age 90 (light - blue line) and boost the
death benefit to $ 1.1 million (gold line).
Keep in mind that taking money from your policy will immediately reduce the cash value and
death benefit, and can lead to the need for
additional premiums to be
added into the policy in the future.
Riders such as accidental
death benefit, critical illness, hospital cash and surgical care can be
added for
additional premiums.
They have an
additional accelerated
death benefit rider that you can
add.
1 The Accidental
Death & Dismemberment is provided to all active members with this plan as a separate,
added limited medical
benefit at no
additional cost to members through a blanket special risk group insurance policy.
Accidental
death benefit, accidental disability / dismemberment and critical illness coverage can be
added for
additional premiums.
For example,
adding $ 1,000 into your policy may buy $ 3,000, $ 5,000 or more
additional paid up
death benefit.
This plan can also be further «customized» by
adding various riders such as the children's term rider the disability waiver of premium rider, the accidental
death benefit rider, and / or a travel accident rider that provides an
additional amount of coverage if the insured dies as the result of a travel related accident.
You can also
add, for about 8 % more, an
additional $ 100,000 of accident
death benefit coverage to your base policy.
You can
add additional coverage in the form of riders that can pay
benefits for long - term care, the
death of a child, accidental
death, and disability premium waiver.
Accelerated
Death Benefit Option Feature for Terminal Illness — The accelerated death benefit option can be added for no additional ch
Death Benefit Option Feature for Terminal Illness — The accelerated death benefit option can be added for no additional
Benefit Option Feature for Terminal Illness — The accelerated
death benefit option can be added for no additional ch
death benefit option can be added for no additional
benefit option can be
added for no
additional charge.
As stated earlier, the enhanced
death benefit or other living
benefits are
added to a policy for an
additional fee.
In addition, riders can be
added to each policy that allow you to adjust the
death benefit, either so that it increases over time, it decreases over time, or you're able to purchase
additional coverage later without medical questions.
Accidental
death benefit rider is an
add - on that will pay your nominee the
additional sum assured in case you suffer an accidental
death.
A provision
added to a life insurance policy for payment of an
additional benefit, above and beyond the
death benefit, when
death occurs by accidental means, as defined in the policy.
Term Rider —
adding a term rider to your policy allows for
additional death benefit protection but with a lower cost than trying to get the same
death benefit entirely with whole life insurance.
Of course an increasing coverage policy will cost more than a decreasing coverage policy which starts at the same
death benefit level, but an increasing coverage policy may be less expensive than
adding additional insurance coverage later in life.
Although many term policies include the accelerated
death benefit whether you ask for it or not, the companies that don't will typically allow you to
add it at no
additional cost.
This plan features an accident clause that allows you to
add additional coverage for accidental
death that will pay ON TOP OF the
death benefit amount.
The policy may be further customized by
adding additional riders such as the accidental
death benefits rider, the living needs
benefits rider, the
benefits access Rider, and others.
Additional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and c
Additional Paid Up Insurance (API) Rider: allows you to
add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and c
additional premium payments to your policy to purchase «paid - up» life insurance, increasing your
death benefit and cash value.
It has option to
add additional accident rider to the base policy which offers accidental
death or disability
benefit.
Please note: You can also
add a term life insurance rider to your IBC policy in the early years to get
additional death benefit protection for your family.
If all the regular premiums for decided term are paid with no balance premium, the
Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional B
Death benefit is calculated by adding following amounts: Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional
benefit is calculated by
adding following amounts:
Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional B
Death Benefit = Sum Assured on death + Vested simple Reversionary Bonus + Final Additional
Benefit = Sum Assured on
death + Vested simple Reversionary Bonus + Final Additional B
death + Vested simple Reversionary Bonus + Final
Additional Bonus.
Paid Up Additions: allows you to
add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your
death benefit and cash value.
Value Enhancement Rider: The VER is a whole life insurance rider that allows you to
add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your
death benefit and cash value.
Accidental
death benefit can be
added to the plan which pays an
additional Sum Assured in case of accidental
death
Step 3 — if required, the policyholder can
add the
additional Accidental
Death Benefit Rider to the plan.
And these
add — on plans will push up the price of the premium being paid but provide
additional benefits in case of accidental
death, critical illness, total and permanent disability
benefit etc..
Accidental
Death Rider — a rider added to any life insurance policy that pays an additional death benefit if the insured dies of accidental ca
Death Rider — a rider
added to any life insurance policy that pays an
additional death benefit if the insured dies of accidental ca
death benefit if the insured dies of accidental causes.