Sentences with phrase «additional death benefits which»

The plan comes with an additional death benefit which is Rs. 50 lakh or the base amount, whichever is lower, will be paid in case of death due to accident.

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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.

For maximum whole life insurance cash value growth, choosing the paid - up additions option, which purchases additional paid - up insurance, will further enhance your policy's cash value and grow your death benefit.

Flex Pay PUA Rider — Paid - up additions riders allow you to pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash value.

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.

You can include a paid - up additions rider in your policy, which allows you to make purchases of paid - up additional insurance with no proof of insurability, increasing the cash value and death benefit proportionately.

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.

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.

Accelerated death benefit: included in the policy at no additional charge, which covers both qualifying terminal illness and chronic illness.

Which means we make consider a specific face amount should be enough but in reality that number could change real easy due to inflation and additional liabilities requiring more life insurance in the form of a higher death benefit.

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!

Dividends can be used for many things but the most popular option is paid up additions, which allow you to buy paid up additional life insurance, increasing your death benefit and cash value.

Note that this is not necessarily the same as the actual death benefit payable Please refer to your policy's terms and conditions for additional information on the factors that may increase or decrease the actual death benefit payable, which may include loans taken or additional coverage purchased.

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.

There are two basic types of life insurance, term life, in which you pay only for a death benefit, and whole life, in which you pay additional money, which builds up as savings.

If, on the other hand, you want the coverage to be permanent or if you want the policy to be not only a death benefit but also a business investment with additional options, you will want to consider a permanent life policy which could be either a universal or a whole life.

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.

All future premiums are waived off and paid for by the company under the Additional Savings Benefit, an amount equal to an annual premium is paid every year till the end of the term under the Income Benefit and on Maturity, total Fund Value including the top - up Fund Value which was automatically allocated to the Secure Fund on death is paid

There is an inbuilt Accidental Death Benefit feature under which in case of accidental death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 Death Benefit feature under which in case of accidental death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 death of the insured, an additional Accidental Sum Assured is paid which is equal to the base Sum Assured subject to a maximum of Rs. 50 lakhs

There is an inbuilt Accident Benefit Rider which pays an additional Sum Assured in case of accidental death.

Aegon Life ADD Rider is available which provides additional benefits in case of Accidental death, disability and dismemberment of the policyholder.

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.

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.

However, the policy does not provide any returns beyond the death benefit (the amount of insurance purchased); the policy has no additional cash value, unlike permanent life insurance policies, which have a savings component, increasing the value of the policy and its eventual payout.

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.

PruLife Return of Premium Term offers the Living Needs Benefit rider at no additional cost which will allow you to have access to your death benefits if you become terminally ill, become confined to a nursing home or require an organ transplant.

PruTerm WorkLife 65, offers the Living Needs Benefit rider at no additional cost which will allow you to have access to your death benefits if you become terminally ill, become confined to a nursing home or require an organ transplant.

An accident death benefit rider pays out an additional death benefit to the beneficiary which is above and beyond that of the normal policy face amount.

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.

You can even repay any policy loans you made or purchase additional coverage which will increase your death benefit.

If the primary insured dies in an accident, an additional 25 % of the death benefit will be paid as a part of the Accidental Death Benefit Rider which is incldeath benefit will be paid as a part of the Accidental Death Benefit Rider which is inbenefit will be paid as a part of the Accidental Death Benefit Rider which is inclDeath Benefit Rider which is inBenefit Rider which is included.

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.

Hence, we offer you the Extra Life option in which, in addition to the life option benefits, your nominee will receive an additional sum assured in event of death due to an accident.

Many existing policies have a significant prospective fixed income return — especially compared to today's fixed - income alternatives — which may provide a reason to keep a policy, or even pay additional premiums or an outstanding loan balance to maintain the future death benefit.

For maximum whole life insurance cash value growth, choosing the paid - up additions option, which purchases additional paid - up insurance, will further enhance your policy's cash value and grow your death benefit.

His wife, who is his nominee, receives the Death Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown bDeath Benefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shownBenefit which is highest of the Base Sum Assured or Base Fund Value or 105 % of the premiums paid, plus an additional amount equal to Sum Assured as an accidental death benefit, as shown bdeath benefit, as shownbenefit, as shown below.

Of course an increasing coverage policy will cost more than a decreasing coverage policy which starts at the same death benefit level, but an increasing coverage policy may be less expensive than adding additional insurance coverage later in life.

It has option to add additional accident rider to the base policy which offers accidental death or disability benefit.

An accidental death benefit, which pays an additional benefit in case of death resulting from an accident.

There is an inbuilt accidental benefit rider which pays additional Sum Assured in case of accidental death

Other value addition benefit includes Double Accident benefit which offers an additional benefit equal to sum assured shall be payable if death is caused within 180 days of any bodily injury sustained directly and solely from an accident

The plan offers superior life protection as it includes death due to an accident in which case an additional Basic Sum Assured is paid along with the Death Bendeath due to an accident in which case an additional Basic Sum Assured is paid along with the Death BenDeath Benefit.

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.

The company offers three types of riders under the plan which includes Accident Benefit Rider which promises the payment of an additional Sum Assured in the event of accidental death of the life insured.

The DHFL Pramerica Traditional Accidental Death Benefit Rider in which the nominee will receive an additional Sum Assured on the accidental death of the policyhoDeath Benefit Rider in which the nominee will receive an additional Sum Assured on the accidental death of the policyhodeath of the policyholder.

If the person insured passes away, the nominee receives the Death Benefit, which is the Death Sum Assured plus Additional Annual Payouts and the scheduled annual payouts.

Not only does your family get death benefits in case of your untimely absence or permanent disability but also, if you do live on throughout the term of maturity, there are additional benefits available, which are much more than what you stand to gain.

There is an in built Accidental Death Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal ilDeath Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal benefit is paid in case of accidental death or on diagnosis of the terminal ildeath or on diagnosis of the terminal illness

LIC Endowment plan offers additional coverage as optional accidental death and disability benefit rider which can be opted for additional premium along with the basic coverage offered by the policy.

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