Sentences with phrase «addition to the death benefit»

In addition to death benefit protection, permanent life insurance also has a cash value component.

That's in addition to the death benefit protection.

This regular income is paid in addition to the death benefit paid to the surviving partner.

Some joint life policies offer a regular income to the surviving insured and this benefit is payable in addition to the death benefit payable.

It is in addition to the death benefit of an equivalent amount if he expires over the term of the policy.

This is a form of permanent life insurance protection, so in addition to death benefit coverage, there is also a cash value component in these policies.

These permanent plans provide an investment component in addition to the death benefit feature.

This makes sure that the maturity benefit that was set for a certain age remains intact as planned, in addition to the death benefit paid.

In addition to death benefit protection, whole life insurance also offers a cash value component.

This is in addition to the death benefit of an equal amount on death over the term of the policy.

And as is the case with some policies, there is accumulation potential - meaning it is possible to potentially build cash value in addition to the death benefit.

The Rider Sum Assured in addition to the Death Benefit under the Base Policy will be paid to the nominee and the rider will cease to exist.

In the event of accidental death of the Life Insured when aged more than 18 years but not exceeding 60 years, an amount equal to accidental death sum assured of the policy in addition to death benefit mentioned above is payable, subject to maximum of Rs 50 Lacs.

The nominee will receive Sum Assured in addition to the Death Benefit applicable under the Base Policy.

Something else they saw in the audits related to «whole life» insurance policies — that in addition to a death benefit build up a cash nest egg, like a 401K.

In addition to the death benefit also provided by term - life insurance, permanent insurance also accumulates cash value.

An accidental death benefit is a provision in a life insurance policy that stipulates that the insurance company would need to pay the beneficiary in addition to the death benefit if the policyholder were to die in an accident.

Premiums for cash value life insurance are higher than term life because the coverage includes an investment component in addition to death benefit payouts for the beneficiaries of policyholders.

Enhanced Protection in case of Death: In case of an unfortunate event of death, the nominee will receive Rider Sum Assured in addition to the Death Benefit applicable under the Base Policy

Additional Benefit equal to Sum Assured is payable in addition to the Death Benefit payable under the plan.

The Rider Sum Assured in addition to the Death Benefit under the Base Policy will be paid to the nominee and the rider will cease to exist.

Accidental Death Benefit - In a life insurance policy, benefit in addition to the death benefit paid to the beneficiary, should death occur due to an accident.

Permanent life insurance policies can earn guaranteed cash value in addition to the death benefit protection.

Because the Silver Guard burial insurance plans are a permanent form of insurance coverage, there is a cash value / savings component in these policies — in addition to the death benefit coverage.

Pays a death benefit in addition to the death benefit of the base policy, if such death resulted from certain accidental injuries

In the event of accidental death of the Life Insured, an amount equal to base sum assured of the policy in addition to death benefit mentioned above is payable, subject to maximum of Rs 50 Lacs.

This amount is in addition to the Death Benefit under the Base Policy.

In addition to death benefits, many policies also offer savings components to provide an extra sum of liquidity if needed.

Make sure that at least one life insurance provides health insurance benefits in addition to the death benefits.

Because funeral insurance is permanent in nature, it means that in addition to death benefit protection, these policies also have a cash value component.

In addition to the death benefit, a great reason to own Indexed universal life insurance is for the potential tax - free income that can be generated during retirement.

Permanent policies are completely different from Term Life because it provides cash value in addition to a death benefit.

However, in addition to a death benefit, a permanent life insurance policy can build a cash value each year that can be used for a variety of purposes including education, even if nothing bad happens to either parent before college begins.

With permanent insurance, there's an investment component to build cash value in addition to the death benefit.

Family income rider income is paid out in addition to the death benefit, which beneficiaries receive at the time of the insured's death.

In addition to death benefit protection, this type of insurance policy also allows for a cash value accumulation potential.

This accumulating pool of money provides, in addition to a death benefit, the cash value savings account.

In addition to the death benefit, life insurance can be used to create tax free retirement income with no market risk, supplemental funding for education expenses, and for tax - preferred wealth transfer.

There is an option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable as above.

That's in addition to the death benefit protection.

This deposit funds a pool of money that pays for long - term care in addition to a death benefit.

In addition to death benefit protection, permanent life insurance policies offer a cash value or investment build up.

In addition to death benefit protection, whole life insurance also offers a cash value component.

In addition to a death benefit, whole life insurance also has a cash - value component that acts as a type of savings account.

In addition to the death benefit mentioned above an additional benefit equal to Sum Assured is payable in case of death due to accident

In addition to the death benefit, whole life insurance has a cash value which increases over its lifespan.

The accidental death benefit is paid in addition to the death benefit, should the insured's death occur due to an accident.

In addition to a death benefit, permanent insurance has a saving or investment portion that grows during the life of the policy.