Sentences with phrase «additional death benefit during»

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.

Provides for additional death benefit during the first four years of the policy to assist with specific tax planning situations.

Not exact matches

The Accelerated Death Benefit rider is free of charge for all applicants where it can be applied, and additional riders are made available for those looking to protect their Children, as well, and for those who want to protect their policy from non-payment during disability.

Unlike basic term life policies without additional benefits, this product includes three types of living benefits through accelerated death benefit riders, and a premium waiver during unemployment.2 These riders offer additional flexibility and coverage for a number of unexpected events.

Universal Protector is Prudential's plan which offers lifetime death benefits with a no - lapse guarantee AND at no additional cost, you can have access to their Living Needs Benefits, should you need them during your lbenefits with a no - lapse guarantee AND at no additional cost, you can have access to their Living Needs Benefits, should you need them during your lBenefits, should you need them during your lifetime!

Under Option B, in case of death of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nomdeath of the insured during the tenure of the plan, the Sum Assured and an additional Accidental Death Benefit is paid to the nomDeath Benefit is paid to the nominee.

The Max Life term plan has an inbuilt Accidental Death Benefit Rider which states that if the insured dies due to accident during the term of this Max Life term plan, an additional death benefit will be paid to the nomDeath Benefit Rider which states that if the insured dies due to accident during the term of this Max Life term plan, an additional death benefit will be paid to the nBenefit Rider which states that if the insured dies due to accident during the term of this Max Life term plan, an additional death benefit will be paid to the nomdeath benefit will be paid to the nbenefit will be paid to the nominee.

In addition to higher premiums, insurance companies that issue guaranteed life policies protect themselves against risk in two additional ways: (1) by offering relatively low payouts, and (2) by typically not providing a death benefit during the first two years after issuing the policy (if the policyholder dies during this time, the company issues a refund of premiums instead).

Its ability to provide both death benefits and additional benefits makes it a versatile financial tool that can help us and our families during our life and beyond.

Additional benefit riders should your health status change: With the Accelerated Death Benefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or hbenefit riders should your health status change: With the Accelerated Death Benefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or herDeath Benefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or hBenefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or herdeath benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or hbenefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or herself.

That it's not all bad news when it comes to the graded death benefit policies because in most cases, if an insured dies from «natural» causes during the graded death benefit period, most guaranteed life insurance policies (or at least the ones we offer here at TermLife2Go) will have some «reimbursement program» whereby the insured's beneficiary will receive back some if not all of the premium payments that the insured paid plus some type of additional interest earns as well.

Offers an inbuilt rider of Accidental death benefit wherein an additional sum assured is paid only during accidental death of the insured.

In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benedeath during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death beneDeath» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death beneDeath benefits.

In case of demise of the policyholder during the term of the policy, then the death benefit which is equal to the summation of «Sum Assured on Death», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficdeath benefit which is equal to the summation of «Sum Assured on Death», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficDeath», Simple Reversionary Bonuses, and Final Additional bonus (if any) will be given to the beneficiary.

If the death or the first diagnosis of cancer (subject to waiting period **) occurs during the premium payment term, then, an additional benefit as Income Benefit will be pbenefit as Income Benefit will be pBenefit will be payable.

Along with the death benefit offered to group members during the tenure of the policy, the plan also offers many more additional benefits like:

In case the policyholder dies during the policy term, the death benefits are paid to the nominees which include full sum assured amount and additional vested bonus

In case death during the policy tenure due to accident he / she may get some additional benefit as agreed upon during the policy subscription.

Accidental Death Benefit — In case if a policy holder meets an accident and dies during the policy term, this rider will pay additional amount for your term plan.

In the event of demise of Mr. Raman during any policy year, Rs 2 Lacs plus vested Simple Reversionary Bonuses and Final Additional bonus is payable as the death benefit to the nominee.

Death benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeBenefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BenefitBenefit).

Someone who is looking for a term plan with a range of cover options like: a) Additional accidental death benefit or b) Increasing life cover during important milestones of life or c) Partial lumpsum payment to family members after death and remaining in monthly payments or d) Big lumpsum payment to family members after death and additional monthly payments If you also have one or more of the above listed requirements, then HDFC Life Click 2 Protect Plus plan iAdditional accidental death benefit or b) Increasing life cover during important milestones of life or c) Partial lumpsum payment to family members after death and remaining in monthly payments or d) Big lumpsum payment to family members after death and additional monthly payments If you also have one or more of the above listed requirements, then HDFC Life Click 2 Protect Plus plan iadditional monthly payments If you also have one or more of the above listed requirements, then HDFC Life Click 2 Protect Plus plan is for you.

In the event of accidental death during the tenure of the policy (provided the life assured is aged 18 years & above on the date of death), an additional sum assured is payable apart from the death benefit mentioned above as per the policy terms and conditions.

In the event of the demise of the life assured during the term of the policy, the death benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bdeath benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bDeath, vested Simple Reversionary Bonuses and Final Additional bonus.

Scenario B: Rajeev dies during the Term of the Policy In the event of the demise of Rajeev during the policy term, the Death Benefit payable is the sum of Sum Assured on Death, vested Simple Reversionary Bonuses and Final Additional bonus is payable.

Provided all due premiums have been paid, the following death benefit shall be paid: On death during the policy term: Death benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be paydeath benefit shall be paid: On death during the policy term: Death benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be paydeath during the policy term: Death benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be payDeath benefit, defined the sum of «Sum Assured on Death» and vested Simple Bonuses and Final Additional Bonus, if any, shall be payDeath» and vested Simple Bonuses and Final Additional Bonus, if any, shall be payable.