Sentences with phrase «additional life insurance purchased»

Paid Up Additions are additional life insurance purchased through life insurance policy dividends.

Paid Up Additions (PUA) DEFINITION: paid up additional life insurance purchased with additional premiums or dividends, over and above required premiums, that will immediately contribute to your death benefit as well as the cash value of the policy, dollar for dollar, minus any applicable fee.

Not exact matches

For a small additional fee, health insurance providers allow you to purchase a life insurance plan, either from them or from another company.

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

Employees may choose to purchase additional life insurance, including spousal and dependent coverage.

However, the death benefit and cash value can continue to grow with participating policies since the dividend can be applied to purchase additional paid - up life insurance coverage.

Voluntary term life insurance just refers to the additional coverage that employees can opt - in to purchase, hence the «voluntary» title.

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

Guaranteed Purchase Option Rider: allows the insured to purchase additional life insurance coverage with no evidence of insurability at specific ages or for specific events, such as marriage, buying a home and the birth of Purchase Option Rider: allows the insured to purchase additional life insurance coverage with no evidence of insurability at specific ages or for specific events, such as marriage, buying a home and the birth of purchase additional life insurance coverage with no evidence of insurability at specific ages or for specific events, such as marriage, buying a home and the birth of a child.

You can use your whole life insurance dividends for cash, to pay premiums, earn interest with the carrier or purchase paid - up additional insurance coverage.

Accelerator Paid Up Additions Rider: paid up additions allow the purchase of paid up additional life insurance through additional premium payments or dividends.

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.

Value Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash value.

Life Insurance: B&H provides a company - paid life insurance benefit to qualifying employees, as well as the opportunity to purchase additional life insurance for themselves and their familLife Insurance: B&H provides a company - paid life insurance benefit to qualifying employees, as well as the opportunity to purchase additional life insurance for themselves and their Insurance: B&H provides a company - paid life insurance benefit to qualifying employees, as well as the opportunity to purchase additional life insurance for themselves and their famillife insurance benefit to qualifying employees, as well as the opportunity to purchase additional life insurance for themselves and their insurance benefit to qualifying employees, as well as the opportunity to purchase additional life insurance for themselves and their famillife insurance for themselves and their insurance for themselves and their families.

If you are covered under the Basic Group Life Insurance Program, you are eligible to purchase additional life insurance for yourself as well as your spouse and dependent children through the Optional Group Life Insurance ProgLife Insurance Program, you are eligible to purchase additional life insurance for yourself as well as your spouse and dependent children through the Optional Group Life InsuranceInsurance Program, you are eligible to purchase additional life insurance for yourself as well as your spouse and dependent children through the Optional Group Life Insurance Proglife insurance for yourself as well as your spouse and dependent children through the Optional Group Life Insuranceinsurance for yourself as well as your spouse and dependent children through the Optional Group Life Insurance ProgLife InsuranceInsurance Program.

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.

Paid - up additions allow you to use your dividend to purchase additional paid - up life insurance.

(Automatic default can also be triggered if you die before the loan is paid off; ask your lender about repayment terms and consider purchasing additional life insurance for yourself to allow for this possibility.)

The Additional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valAdditional Life Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash value groLife Insurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valuInsurance Rider (ALIR) allows the owner of the policy to make increased premium payments in order to purchase additional participating paid up life insurance, increasing the policy's death benefit and cash valadditional participating paid up life insurance, increasing the policy's death benefit and cash value grolife insurance, increasing the policy's death benefit and cash valuinsurance, increasing the policy's death benefit and cash value growth.

Guaranteed Insurability Rider: allows the purchase of additional life insurance without needing to prove insurability.

If you are unable to afford the amount of life insurance you need today, adding this rider allows you to purchase additional life insurance at a later date without having to prove your insurability.

«Depending on the policy and the insurer, the child will be permitted at eighteen years of age or the legal age of consent in their state to purchase an additional $ 25,000 of life insurance, irrespective of his or her health.

Dividends can be used for many different things but ideally you want to use the dividends to purchase additional paid up life insurance.

The GIO rider allows additional life insurance to be purchased without a medical exam or other evidence of insurability.

Thus, it makes sense to roll the dividends back into the policy by purchasing additional whole life insurance so that your cash value grows, compounded by a guaranteed interest rate and dividend growth and your death beenfit grows, so you leave as much money as possible to your estate.

Alternatively, using dividends to purchase additional paid - up life insurance allows you to grow your cash value and death benefit in a tax favored environment under IRC 7702.

For purposes of our SBA loan topic when considering permanent life insurance, it is most important to understand that (in addition to term life) the required death benefit to satisfy SBA can be purchased in a number of ways that offer additional lifetime and strategic benefits.

For example, if you have a $ 100,000 life insurance policy, and you purchase an additional $ 30,000 worth of insurance by paying a lump sum of $ 10,000.

However, whole life insurance premiums are more expensive than term life insurance because of the additional cash component and would need to be considered when deciding on purchasing a whole life insurance policy.

The mobility of renters presents an additional challenge, in that many millennials only purchase renters insurance for the time they're required to have it while they live at a given property.

By purchasing life insurance instead, she'll create an additional $ 160,000 gift for her church.

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of variable universal life insurance products.

Additional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cAdditional Paid Up Insurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and caInsurance (API) Rider: allows you to add additional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cadditional premium payments to your policy to purchase «paid - up» life insurance, increasing your death benefit and cainsurance, increasing your death benefit and cash value.

It is recommended however, to put a minimum of 20 % of the purchase price down which will make for smaller monthly payments but will also avoid additional financial requirements life private mortgage insurance, also known as PMI.

It allows you or your child (or grandchild) to purchase additional life insurance down the road without having to answer any questions or take a medical exam.

Participating whole life pays dividends, which can be used to purchase additional paid - up insurance, take out the cash, leave with the carrier to earn taxable interest, or pay premiums for a period of time.

Supplemental Life Insurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for each chLife Insurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eaInsurance — You may purchase additional life insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for each chlife insurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for eainsurance for yourself up to three times your annual salary, spousal coverage up to 50 % of your life insurance amount, and dependent life insurance of $ 10,000 for each chlife insurance amount, and dependent life insurance of $ 10,000 for eainsurance amount, and dependent life insurance of $ 10,000 for each chlife insurance of $ 10,000 for eainsurance of $ 10,000 for each child.

In other words, if you have a $ 100,000 life insurance policy, and you purchase an additional $ 50,000 worth of insurance by paying a lump sum of $ 10,000.

Full - time and eligible part - time associates receive provides Basic Life and Accidental Death and Personal Loss Insurance (AD & PL) at no cost to you, and the option to purchase additional life and AD & PL insurance for yourself and voluntary life insurance for your dependeLife and Accidental Death and Personal Loss Insurance (AD & PL) at no cost to you, and the option to purchase additional life and AD & PL insurance for yourself and voluntary life insurance for your deInsurance (AD & PL) at no cost to you, and the option to purchase additional life and AD & PL insurance for yourself and voluntary life insurance for your dependelife and AD & PL insurance for yourself and voluntary life insurance for your deinsurance for yourself and voluntary life insurance for your dependelife insurance for your deinsurance for your dependents.

M. (Ted) Dealey Purchase Prize of $ 350 Mrs. Alex Weisberg Award of $ 100 Dallas Chapter of A. I. A. Award of $ 100 Ethel May Brodnax Memorial Award of $ 100 given by the Universal Life and Accident Insurance Company Vivian Stanley Memorial Award of $ 25 for watercolor given by the Dallas Artist League and additional $ 25 cash and supply awards to be announced ENTRIES Artists qualifying under requirements set out above may submit the following: 2 works in either painting or sculpture or a combination of 1 painting & 1 sculpture and 2 drawings in any medium (except pastel, which should be submitted as a painting medium.)

Riders for these plans can be purchased by paying additional Shriram Group Term Life Insurance and Future Generali Care Plus Premium.

Riders for these plans can be purchased by paying additional Aegon Life Easy Protect Insurance Plan and Canara HSBC Smart Future Income Plan Premium.

Riders for these plans can be purchased by paying additional Aegon Life iReturn Insurance Plan and Aviva Dhan Nirman Premium.

Riders for these plans can be purchased by paying additional MET Pension (Par) and Exide Life Secured Income Insurance Plus Premium.

Riders for these plans can be purchased by paying additional LIC New Group Gratuity Cash Accumulation Plan and Exide Life My Term Insurance Plan Premium.

Riders for these plans can be purchased by paying additional Aegon Life iReturn Insurance Plan and ICICI Pru Wealth Builder 2 Premium.

Riders for these plans can be purchased by paying additional Kotak Group Shield and Bajaj Allianz Group Term Life Insurance Plan Premium.

Riders for these plans can be purchased by paying additional Aegon Life iIncome Insurance Plan and TATA AIA MahaLife Gold Plus Premium.