Sentences with phrase «additional death benefit guarantees»

Today's variable annuities come with additional death benefit guarantees and living benefit riders that make them one of the most complex consumer financial products I have ever seen.

Not exact matches

The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is ebenefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is eBenefit) rider is elected.

The standard death benefit is equal to the contract value on the date of the claim and does not include any additional guarantees.

The standard death benefit is equal to contract value on the date of the claim and does not include any additional guarantees.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

A PerspectiveSM variable annuity includes a standard death benefit equal to the contract value on the date of the claim and does not include any additional guarantees.

MarketProtector Advisory offers the same benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

The standard death benefit is equal to the contract value on the date of the claim and does not include any additional guarantees.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

Jackson AscenderPlus Select offers traditional fixed annuity benefits, such as guaranteed minimum interest, death benefits, and flexible retirement income options including LifePay ®, an optional income rider available for an additional charge.

Also, variable universal life insurance policies may also offer a rider — at an additional cost — that will guarantee a minimum death benefit, regardless of the underlying investment performance.

There are also additional optional benefits and riders, which include a waiver of premium, children's insurance, accidental death benefit, and / or a guaranteed option to purchase additional insurance.

The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is ebenefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is eBenefit) rider is elected.

Symetra UL - G: Symetra's UL - G provides permanent death benefit protection with the flexibility of universal life, with additional no lapse protection guarantees.

The whole life insurance policy, with a guaranteed death benefit of $ 1,000,000 can receive additional death benefits from dividends.

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 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 insured is benefited with the guaranteed additional bonuses along with the death and maturity benefit.

This rider guarantees to provide additional benefits in case of the insured person's death, disability or dismemberment caused by some accident.

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).

Whole life insurance combines a level premium with guaranteed cash values which the policy owner may use to meet a variety of financial goals.3 Whole life insurance policies may also produce excess credits, which may be used to purchase additional paid - up life insurance, potentially increasing the available death benefit.

Additional options include accelerated benefits, accelerated benefits with critical illness, accidental death benefit, children's term, disability waiver, guaranteed insurability, minimum death benefit and spouse term riders.

The products include a lifetime death benefit guarantee of up to 121 years, a minimum death benefit of $ 50,000 and a full range of riders, including accelerated benefit rider and an additional insured rider.

There are also additional optional benefits and riders, which include a waiver of premium, children's insurance, accidental death benefit, and / or a guaranteed option to purchase additional insurance.

Platinum boasts multiple new features at no additional cost, including a return of premium rider, guaranteeing the policy's cash surrender value will never be less than the premium payment; accelerated benefit riders for chronic illness, critical illness, and terminal illness; and a charitable giving rider, a unique feature that provides an additional death benefit of 1 percent of the policy face amount to the applicant's charity of choice.

Both allow access to permanent death benefits, flexibility of premiums when needed, and the possibility of additional cash growth inside the policy from interest and dividends (not guaranteed).

Optional Riders1 Additional Term Rider, Insured Children's Benefit, Waiver of Premium Benefit for Total Disability, Accidental Death Benefit and Guaranteed Insurability Option are available at an additioAdditional Term Rider, Insured Children's Benefit, Waiver of Premium Benefit for Total Disability, Accidental Death Benefit and Guaranteed Insurability Option are available at an additionaladditional cost.4

Additional Riders: Accidental Death Benefit Rider • Children's Term Insurance Rider • Guaranteed Insurability Rider • Waiver of Monthly Deductions Rider

For an additional fee, some contracts offer an enhanced benefit that guarantees the death benefit will increase on the policy even if the market value does not.

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.

Guaranteed Insurability Rider DEFINITION: an optional rider attached to permanent life insurance policies that allows the owner to elect to purchase additional life insurance death benefit coverage periodically at certain attained ages, or alternatively, upon certain special occasions such as marriage and the birth of a child.

The base insurance premium charges and surrender / discontinuance charges for the additional insurance death benefit are guaranteed for the policy term.

Guaranteed insurability rider: Available at an additional cost, this rider gives insureds the ability to increase death benefit coverage in the future at no additional charge.

These plans could include a death benefit and additional riders like a life cover, guaranteed bonus and maturity benefit.

Riders Children's Term Life Insurance Benefit Rider 08141, 10141, 10441, A08141, A10141 Guaranteed Insurability Option Benefit Rider 08251, 10251, 10551, A08251, A10251 Waiver of Monthly Deduction for Disability Rider 10206, 10506, A10206 Additional Insured's Level Term Life Insurance Benefit Rider 11126, 11426, A11126 Accelerated Death Benefit for Long - Term Care Rider / Qualified Long - Term Care Insurance Rider (FL) / Advanced Death Benefit for Long - Term Care Rider (IN) / Accelerated Benefit for Long - Term Care Rider (WI) 10220, 10520, A10220

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

Over time, the guaranteed cash value, and dividends (when payable) can be used for the trust's immediate use, or the dividends could purchase paid - up additional insurance to increase the total death benefit payable to the trust.

Death Benefit Available — the nominee receives Sum assured + accrued bonus + guaranteed additional bonus + terminal bonus.

Moreover, with two identical whole life insurance policies, one with and one without a paid - up additional rider, the former would likely have a higher cash value and death benefit, while the latter would achieve a higher guaranteed cash value sooner.

You are buying coverage for life and a guaranteed death benefit but with an additional investment component that is — just like the name implies — non-guaranteed.

Most insurance companies offer additional insurance benefits you can purchase, such as death benefit riders, which can provide benefits for your heirs, and living benefit riders, which can provide guarantees as to how much income you can withdraw from the policy at a later date.

This option would guarantee the beneficiary that the plan would receive an additional pre-determined amount of money that would be above and beyond the death benefit in the event that the annuitant dies before the annuity's maturity.

It's designed to help you protect your family with insurance and customizable death benefit guarantees (usually for an additional charge), plus give you access to professionally managed investment options to help you grow your policy's cash value at the same time, subject to market risk.

Additional benefit: Some child insurance plans also provide a guaranteed yearly income to your children for the rest of the premium paying period in case of early death of their parents.

Additional Accidental Death Benefit is the total of Sum Assured on Death plus Guaranteed Additions (on the date of deDeath Benefit is the total of Sum Assured on Death plus Guaranteed Additions (on the date of deDeath plus Guaranteed Additions (on the date of deathdeath).

Some plans also provide additional inbuilt benefits, like advancing 25 % of the guaranteed death benefit in case the Life assured is diagnosed with a Terminal Illness.

In some cases, policyowners may withdraw the additional cash value without otherwise affecting their death benefits, premium payments, and minimum guaranteed cash values; the insurer may permit policyowners to reduce the level of future premium payments while maintaining the same face amount of coverage; the insurer may allow policyowners to increase the face amount of coverage while maintaining the same premium level; policyowners may keep the face amount and the premium payment level the same but shorten the required premium - payment period; or they may choose some combination or variation of these options.