Sentences with phrase «as living benefit»

An accelerated death benefit rider, also known as the living benefit option, allows a policyholder to receive a cash advance against a policy's death benefit if he / she is diagnosed with an incapacitating health condition, the onset of a terminal illness, or the need for long - term or hospice care.

Often known as a living benefit, an accelerated death benefit rider can give you the option to advance a portion of your life insurance policy's death benefit to use while you are still living.

It is also referred to as a living benefit rider.

Accidental death and dismemberment coverage can also act as a living benefit, as the dismemberment coverage provides a payout if you receive certain injuries in an accident.

If you have an accelerated death benefit, referred to as a living benefit rider, you can receive a portion of the death benefit while you are living.

For further flexibility, you can actually access your cash value later in life as a living benefit.

For mortgage protection insurance, these forms of additional coverage are added on to policies and are known as living benefit riders.

The cash value component serves only as a living benefit for policyholders.

As a living benefit, any cash value may be drawn upon by the policyholder during their life.

Accidental death and dismemberment coverage can also act as a living benefit, as the dismemberment coverage provides a payout if you receive certain injuries in an accident.

Accidental death and dismemberment coverage can also act as a living benefit, as the dismemberment coverage provides a payout if you receive certain injuries in an accident.

This rider — also known as a Living Benefits Rider — is included in your policy at no charge.

These funds can be put to use in a variety of ways, allowing them to function as living benefits.

Riders are additional options that help you increase your coverage and / or add additional benefits, such as living benefits.

Many companies offer accelerated death benefits, also known as living benefits.

Later, Ohio State Life was the first to advance death benefit payments to sustain the life of the policy holder (which is referred to as living benefits).

Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.

Accelerated death benefits are also known as living benefits.

Also, the amount paid to you as living benefits is not deducted from your policy's face amount, which remains in full effect to cover future injuries.

It is important to keep in mind, though, that the amount of cash that is taken as living benefits will be counted against the death benefit that is eventually paid out to the beneficiary.

You will also see people refer to it as living benefits.

This rider — also known as a Living Benefits Rider — is included in your policy at no charge.

The modern Term life insurance plans can incorporate valuable benefits like Long Term Care and what is know as Living Benefits for chronic and critical illnesses for just a modest increase in premium.

These funds can be put to use in a variety of ways, allowing them to function as living benefits.

Unlike term life insurance, whole life insurance is designed to provide a death benefit as well as living benefits.

Not exact matches

401 (k) programs, as well as health insurance, life insurance, and family - leave benefits, will all be affected by the Supreme Court ruling.

A drawback of being a small business owner is that the budget for such quality, such as employee incentives and benefits, is not as plentiful as it is for a larger company (especially in the economic climate we are living in today).

«The fact that solitude enables people to daydream and reflect on their lives also means that it's associated with self - transformation, as psychologists Christopher Long and James Averill note in their theoretical paper «Solitude: An Exploration of Benefits of Being Alone» (paywall),»» Cooper points out.

As for what Canadians are looking for in an employer, you might have guessed that salary and benefits top the list, but career progression, a convenient location and a good work - life balance were cited as welAs for what Canadians are looking for in an employer, you might have guessed that salary and benefits top the list, but career progression, a convenient location and a good work - life balance were cited as welas well.

LinkedIn career expert Nicole Williams says entrepreneurs and individuals working in new fields such as social media or technology can especially benefit from inviting parents into their working lives, as their parents are most often confused about what their children working in these new fields do for a living.

You know you can't spend the rest of your life waiting for that moment of enlightenment, so you need a process that will help you choose a name that will benefit your business and, just as importantly, avoid one that will do the opposite.

If you can't offer salaries that are at or exceed your competition, then there may be other options such as providing better employee benefits and work - life balance programs than competitors.

As a client's life grows in a positive direction, those around them will learn, grow and benefit as welAs a client's life grows in a positive direction, those around them will learn, grow and benefit as welas well.

On top of that, Americans are also living longer, which has prompted providers to recalculate their premium and benefit frameworks as their clients spend more time under coverage than the insurers» underwriters had originally expected.

Third - party contracting firm benefits aren't only less generous, but the exorbitant Silicon Valley housing prices and rents make life as a contractor so difficult workers from contract companies often can't afford to elect a benefits package, because doing so will take too much out of their paycheck.

Please note that when you borrow money from a life insurance policy, it doesn't show up as income and has no impact on financial aid or the tax rate on Social Security benefits.

The types of platforms we use may shift, especially for users living in countries that could benefit from the censorship - blasting potential of blockchain technology, and video (both traditional and live) will continue to dominate as the social communication medium of the future.

In addition to payroll, Namely can help with a number of employee benefits like health insurance, life and disability insurance, wellness programs, commuter benefits, and other less traditional plans as well.

While you'll certainly reach a larger audience online, sometimes there are huge benefits from gaining a few loyal customers in the early stages of your start - up who will act as brand ambassadors for the rest of your company's life.

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

These include the best reasons to work for a given company, the downsides, how satisfied they are with their company overall, how they feel their CEO is leading the company, as well as key workplace attributes like career opportunities, compensation, benefits, culture, values, senior management, and work - life balance.

Something as simple as a feed of text and images has provided us with an easier way to achieve the benefits that the Wright Brothers» life - threatening experiments have: an on - demand way to expose ourselves to new ideas, meet new people and better maintain relationships with friends and family.

For U.S. workers, another benefit for a shorter work day is reduced stress, as many tend to work far beyond the work - life boundaries set by many other countries.

To «go on claim,» insurance - speak for using the benefit, you must be unable to perform at least two «activities of daily living,» such as bathing, dressing, feeding and toileting, for most policies.

As tax revenues have shrunk, the city's financial obligations have grown — mainly to an ever - expanding pool of 30,000 retirees, promised life - time pensions and health benefits by short - sighted government officials over decades who consistently failed to fund those future obligations.

Another main line of Genworth's business, long - term care insurance, is a risky but growing market, and Genworth pleased investors in 2013 by raising rates and cutting back on some benefits as customers live longer and become more costly to insure.

The right non-monetary incentives motivate employees just as effectively because they allow your team to work for benefits that improve their work life and morale.

Benefits of giving back include feelings of happiness and wellbeing, as well as inspiring a greater sense of purpose in life.

Do this by first considering what kinds of work - life benefits would really be recognized as benefits to your employees.

«The key point here is that this investment then supports transfers of technology (as well as intangible benefits such as transfers of knowledge, know - how, management techniques, et cetera), which raises productivity and allows for a sustainable rise in incomes and living standards.»