Sentences with phrase «additional death benefit depending»

This rider provides an additional death benefit depending on the Sum Assured chosen by the insured.

Reliance Term Life Insurance Benefit Rider: Provides additional death benefit depending on the sum assured selected under the rider.

Not exact matches

You may purchase Additional PIP coverage, to raise the overall limit of No - Fault benefits available in case of an accident up to $ 100,000 or higher and, in the process, increase the potential maximum amounts of lost earnings payments, other necessary expenses or the death benefit, depending on the limit you select.

Permanent insurance offers the same type of death benefits as term insurance but it comes with the additional advantage of providing you with a cash value accumulation feature which is based on interest or depends on how well the market performs.

But, an increase in the death benefit could result in additional underwriting and / or a new medical exam, depending on you policy's language.

For a $ 250,000 policy for a 40 year old male, an Accidental Death Benefit rider for an additional $ 250,000 of coverage in case of accident (for a total of $ 500,000) would cost between $ 150 - $ 250 depending on which life insurance company you choose.

It generally has a minimum garunteed death benefit, with variable additional amounts depending on the state of the market.

In case of death post the first 5 years, the chosen Sum Assured under the LIC pension plan including the accumulated Guaranteed Additions, Simple Reversionary Bonuses and Final Additional Bonus, if any till the date of death is payable to the nominee who can avail the death benefit whether in lump sum or annuity or partly in lump sum and partly in annuity depending on his choice