Sentences with phrase «additional insured riders»

The cost of home insurance usually depends on the cost one would incur to replace the house or its contents as covered under the policy and additional insured riders.

And, even if that's not the case initially, additional insured riders usually only guarantee level premiums for a certain number of years.

And, even if that's not the case initially, additional insured riders usually only guarantee level premiums for a certain number of years.

Additional insured riders also tend to come with limits on the period of coverage.

The coverage limits for an additional insured rider vary by insurer, but will typically have a minimum and maximum dollar amount (such as $ 50,000 to $ 500,000 of coverage).

However, if your spouse would still need life insurance if you passed away, you should confirm that their additional insured rider has the option to convert to permanent coverage.

However, if you only need financial coverage for a particular period of time, you would probably be better served buying a term life insurance policy with an additional insured rider.

Similar to adding an additional insured rider, you can purchase a joint life insurance policy with your spouse or anyone else that's financially tied to you.

While you can get coverage for this scenario through an additional insured rider, you may need a joint life insurance policy if the maximum death benefit for a rider isn't large enough.

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.

The coverage limits for an additional insured rider vary by insurer, but will typically have a minimum and maximum dollar amount (such as $ 50,000 to $ 500,000 of coverage).

However, if you only need financial coverage for a particular period of time, you would probably be better served buying a term life insurance policy with an additional insured rider.

However, if your spouse would still need life insurance if you passed away, you should confirm that their additional insured rider has the option to convert to permanent coverage.

An additional insured rider can actually be used to add life insurance coverage for your spouse, a business partner or nearly anyone that's tied to you financially.

Similar to adding an additional insured rider, you can purchase a joint life insurance policy with your spouse or anyone else that's financially tied to you.

Not exact matches

The guarantee purchase rider allows the insured to purchase additional coverage without evidence of good health.

The coverage provided by the rider can be converted to a permanent policy as long as a plan of insurance is available at the additional insured's current age.

This rider provides additional term coverage on the insured person.

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.

Sage Term Life products also offer some additional riders, which can mostly help insureds to customize their policies to fit their specific needs more closely.

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.

Here, an insured can secure up to $ 300,000 in coverage that is highly affordable — and there are also several additional riders that can be included on this plan.

This rider can provide an additional amount of death benefit coverage to the policy beneficiary if the insured dies due to accidental injuries that occur while he or she is riding as a fare - paying passenger on a common carrier, such as an airplane, a bus, or a train.

The rider allows the insured to purchase additional life insurance down the road with no evidence of insurability required.

With the accidental death benefit rider, should the insured die due to a qualifying accident, his or her named beneficiaries would receive an additional amount of death benefit.

Since this only covers accidental death and does not cover natural causes (such as heart disease, stroke, or cancer), this life insurance rider is best purchased when the insured is maxed out on the amount of life insurance they can qualify for and he or she need some additional coverage.

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

Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit individual needs.

As bad as it sounds, catastrophic disability is normally added as a policy rider that will provide an additional benefit amount for a specified benefit length or period should the insured qualify.

Waiver of Premium is an additional provision (sometimes also called a rider) in most Life Insurance policies which allows to stop paying premiums after the insured person has been disabled for a given period of time (usually six months) due to an illness or an injury.

This is a Traditional rider plan, which caters the need of protection cover against any untoward event along with additional benefits to the insured during the contract period.

The riders available include Aegon Life AD Rider which provides the payment of additional Sum Assured in case of accidental death, WOP Rider on CI where future premiums are waived if the insured is diagnosed with a Critical Illness while the coverage continues, iCI Rider covering four Critical Illnesses where the Sum Assured is paid in case the insured is diagnosed with any Critical Illness covered by the rider, Women CI Rider which covers women specific Critical Illnesses and provides part payment of the Sum Assured if the insured is diagnosed with any one of the covered illness.

Critical Illness rider offers an additional sum assured over the base plan offering if the life insured is diagnosed with one of the critical illnesses mentioned in the rider.

On top of that, the insured can even choose additional riders and benefits to add value to the plan.

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

1) War Risk Coverage In consideration of the payment of premium calculated in the manner stated in the policy to which the rider is attached, it is hereby agreed that for additional premium the policy is amended as follows: Any Exclusion under this Plan for «declared or undeclared war or any act thereof» is waived for an Insured Person's loss caused in whole or in part by, or resulting in whole or in part from, declared or undeclared war or any act of declared or undeclared war, subject to the following restriction: The waiver only applies with respect to accidents that occur within the geographic limits or territorial waters of, or airspace above the geographic limits or territorial waters of a Designated War Risk Territory (as defined herein).

Additional rider benefit is available under the plan that provides extra add - on coverage to the insured.

Life insurance has fees and charges associated with it that include costs of insurance that vary based on the insured person's sex, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

All the insured has to do is to send Aegon Life a documented notice stating that he / she wants to attach a rider to his / her base plan and make the additional premium payment as required.

In consideration of the payment of premium calculated in the manner stated in the policy to which the rider is attached, it is hereby agreed that for additional premium the policy is amended as follows: Any Exclusion under this Plan for «declared or undeclared war or any act thereof» is waived for an Insured Person's loss caused in whole or in part by, or resulting in whole or in part from, declared or undeclared war or any act of declared or undeclared war, subject to the following restriction: The waiver only applies with respect to accidents that occur within the geographic limits or territorial waters of, or airspace above the geographic limits or territorial waters of a Designated War Risk Territory (as defined herein).

Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Children's Rider — This rider for an additional cost offers provides level Term insurance for all of the children of the insured.

This rider provides an additional death benefit should the insured pass away due to an accident.

Variable life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, underlying fund charges and expenses, and additional charges for riders that customize a policy to fit your individual needs.

This plan can also be further «customized» by adding various riders such as the children's term rider the disability waiver of premium rider, the accidental death benefit rider, and / or a travel accident rider that provides an additional amount of coverage if the insured dies as the result of a travel related accident.

You can add additional coverage with riders for children's coverage, an additional named insured on the policy and a waiver of premium rider if you become disabled prior to age 60.

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 herself.

Charitable Giving Benefit Rider: Selected at issue and available at no additional cost, this rider provides an additional benefit of 1 % of the base policy specified amount (up to $ 100,000) to the qualified charity of the policyowner's choice upon the insured's death.

People who have chosen additional riders as the total premium in most of the cases would exceed 10 % of sum insured.

Accelerated Death Benefit for Chronic Illness Plus Rider: Selected at issue and available at an additional cost, this rider allows for up to 100 % of the policy's death benefit to be accessed in advance (with a monthly benefit of 2 %, capped at the then current IRS per diem times 30) if the insured: