Sentences with phrase «additional death benefits»

He has a term insurance plan of Rs 25 lakh, with additional death benefits (ADB), taken in September 2009.

It added that the enhanced death benefit provided by HDFC Life to its policy holders with effect from April 1, 2012 shall be offered to all the policy holders who have opted for the products prior to April 1, 2012 also and shall be debited from the shareholders» account as and when these additional death benefits are settled.

When insureds desire additional death benefits in conjunction with other permanent forms of life insurance or packages of policies — Insurers often package level, increasing, or decreasing term riders with permanent forms of life insurance to create a combination of death benefits and living benefits that fit a person's particular needs and resources.

In other words, additional death benefits provide extra sums in the event of the policyholder's death.

Also, check your credit card — some credit cards provide additional lost baggage coverage, protection for car rental losses and even additional death benefits.

In this case, the policyholder may elect to have the dividends purchase additional death benefits, which will increase the death benefit at the time of death.

It also provides assistance against wages lost as a result of the injury, and some additional death benefits.

You can also receive additional death benefits above and beyond the face value if you die in an auto accident or public conveyance.

• Accidental Death Benefit Rider — This rider will provide additional death benefits should you die because of a covered accident specified in the 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.

• Accidental Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250,000.

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

The major drawback is that the surviving spouse will leave behind no additional death benefits for heirs.

If you die in a vehicular accident while wearing a seat belt, the insurer pays an additional death benefit.

If you die due to an accident, such as a car crash or sudden fall, the insurer will pay an additional death benefit.

* Jackson's earnings protection benefit, EarningsMax, offers an optional additional death benefit.

It is a great option for someone young, who needs additional death benefit protection, but does not want to spend the extra amount on more permanent coverage.

Term Insurance Rider: Provides additional death benefit protection at a fraction of the cost of whole life.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

It provides an additional death benefit when the insured's death is caused by an accident.

Accidental Death Benefit Agreement — additional death benefit payout if death is due to an accident.

Under this benefit, an additional death benefit will be applicable.

The amount of an additional death benefit payable under section 93 (2)(a) in respect of an accident occurring on or after January 1, 1987 is $ 145 a week.

Common carrier death benefit provision — If the insured dies while on an airplane, train, or bus, this rider provides an additional death benefit equal to 100 % of the original face amount.

If the insured dies in an accident while he or she is a fare - paying passenger on a common carrier (e.g., airplane, train, or bus), this rider provides an additional death benefit equal to 100 percent of the original face amount or $ 250,000, whichever is less.

5 Year Term Rider The 5 Year Term Rider provides additional death benefit through term insurance with premiums that increase in five year increments.

Accidental Death Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original policy.

If the insured dies due to an accident, as defined in this rider, beneficiaries will receive an additional death benefit.

Pays an additional death benefit if the insured dies as a result of an accidental bodily injury.

Accidental Death Benefit: pays an additional death benefit equal to the policy face amount if death is due to an accident.

Increasing Premium Term Rider The Increasing Premium Term Rider provides additional death benefit through term insurance with increasing premiums.

It provides an additional death benefit when the insured's death is caused by an accident.

Accidental Death Benefit Rider Provides an additional death benefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certain age.

It will pay out an additional death benefit if you pass away specifically from an accident.

This rider will payout an additional death benefit if you pass away specifically because of an accident.

The accidental death rider would provide an additional death benefit if the cause of death was specifically from an accident.

Supplemental coverage, such as accidental death insurance, provides an additional death benefit.

If you die in a vehicular accident while wearing a seat belt, the insurer pays an additional death benefit.

This rider will pay out an additional death benefit if death is due to an accident while riding on public transportation as a fare paying passenger.

The accidental death rider provides an additional death benefit (whatever amount you select) if the cause of death is specifically from an accident.

It will pay out an additional death benefit if you pass away due to an accident.

For example, a refund of premium (cash back option) if you outlive your term policy, and additional death benefit payouts for death caused by certain types of accidents.

While a 10 to 20 year term may save you premium over the long run (and offer additional death benefit beyond your mortgage), this type of policy works if your only real purpose for the benefit payout is to coverage the remaining principal on your home when you pass.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

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

If death occurs, the benefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal Bonus.

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 nominee.

The Sum Assured on death will be higher of 10 or 7 times the annual premium paid or basic SA + additional death benefit

It enables you to add an additional death benefit to your policy without jumping through the normal hoops.

This additional death benefit can be as high as the face amount of the policy but can not exceed $ 250,000.