Sentences with phrase «allow higher death benefits»

First, in many cases, the face amount of coverage on these policies is typically in the lower ranges — in most instances it is between $ 5,000 and $ 50,000 — although some insurers do allow higher death benefits with a term policy.

Not exact matches

A properly funded and maintained irrevocable life insurance trust allow death benefit to remain separate from high value estates to avoid the estate tax.

Mutual of Omaha makes up for it by including high benefits for the accelerated death benefit, which allows you to take money out of your policy to pay for charges related to a terminal illness.

Repaying the cash value in your policy allows it to exponentially grow, allowing more cash value, more guaranteed growth, more tax advantaged dividends, growing death benefit and essentially a compounding AND EVER EXPANDING SAFE BUCKET to provide greater means to pursue, higher risk, higher return investments... and the strategy compounds and grows and grows and compounds.

This approach allows true compounding policy growth of your cash account and an ever increasing death benefit in addition to the rate of return generated by your higher risk - return investments.

In many cases, the death benefit amount that is offered on burial insurance is somewhere between $ 5,000 and $ 25,000 — although there are some insurance carriers that will allow for a higher amount of benefit.

Due to the flexibility of variable life, however, this type of policy can allow policy holders to obtain a much higher rate of return on invested funds, while at the same time getting the protection of a guaranteed amount of death benefit coverage.

Mutual of Omaha, an A + rated company founded in 1909, offers competitive underwriting for a range of health conditions, including high limits for accelerated death benefits, allowing those who have been diagnosed with terminal illness to access a portion of their policy's death benefit while still alive.

Those who are between the ages of 18 and 50 are allowed to apply for this policy option, and the death benefit amount can range between a low of $ 100,000 and a high of $ 500,000.

Accelerated death benefit rider allows you to get up to 50 % or higher of your death benefit up front if you have a terminal illness with 12 months or less of live expectancy.

Term insurance allows for high death benefits at a low rate.

While many types of annuities allow the annuity owner to name a beneficiary (usually a spouse) who will be eligible for either continued payments or death benefits, a straight life annuity forgoes this added benefit in favor of higher guaranteed payments while the annuitant is alive.

(Note: Some carriers allow you to advance a higher percentage of the death benefit.

Note — The ability to accelerate up to 95 % of the death benefit is higher than most no physical carriers allow.

This approach allows true compounding policy growth of your cash account and an ever increasing death benefit in addition to the rate of return generated by your higher risk - return investments.

In the event of your untimely death, term insurance benefits allow your family to accomplish and continue financial goals like child basic education, higher education, child» marriage, financial aid for your spouse and dependent parents.