Sentences with phrase «as spouse riders»

Riders such as spouse riders and disability riders are available.

Not exact matches

As a surviving spouse, you can take ownership of the annuity, including any riders and death benefits within 1 year of your spouse's death.
This is a fairly unique rider as it gives your spouse the ability to purchase single premium whole life insurance upon your death without demonstrating insurability.
This coverage is available to employees, as well as to their spouses and to their children (the children are covered by a term insurance rider).
Other riders are available as well for spouses and children, events of disability or critical illness, and additional methods of death benefit payout.
This rider enables your spouse, if he or she is the sole primary beneficiary, to continue your policy upon your death as the new owner, at a potentially higher policy value that includes any amount that would be payable under the Enhanced Beneficiary Benefit Rider.
This is where you buy a life insurance policy for yourself and add coverage for your spouse as a rider to your policy.
Both Term and whole life insurance policies have optional riders such as disability waivers, spouse riders, children's riders, additional accidental coverage, and so forth.
Some stay - at - home parents may be able to get life insurance coverage by buying what's known as a rider on their spouse's policy.
Buying a separate term life insurance policy for your spouse is usually the wiser choice, but the alternative is including him or her as a rider on your own policy — as long as you make sure you know exactly what the rider is adding.
In Oregon, the rider form numbers are as follows: Accidental Death Benefit: 208 - 200; Children's Insurance: 208 - 247; Chronic Care Rider: ICC13 -231-72; Disability Waiver of Premium: 208 - 225; Living Benefits: 206 - 496.27; and Spouse's Paid - Up Insurance Purchase Option: 205 - 375.
These additional plans are going to be purchased as a rider on a policy that you already own, either for yourself or for your spouse.
We find the children's term rider to be twice as popular as the spouse term rider.
Typically couples will purchase policies such as these to kill two birds with one stone when it comes to providing protection to the household; however, in some cases a term insurance rider for the spouse on a different policy may make more sense if it is offered.
There are other riders available as well for spouses and children, events of disability or critical illness, and additional methods of death benefit payout.
Spouse Insurance Rider As the name suggests, this rider offers term insurance for your spouse for an additional prSpouse Insurance Rider As the name suggests, this rider offers term insurance for your spouse for an additional prspouse for an additional premium.
Should you die during your policy, this rider provides your spouse (as long as he / she is the beneficiary of your policy) the right to buy a new paid - up life insurance policy for himself / herself without providing evidence of insurability.
Most commonly, people choose the spouse, critical illness, and employee's children riders as they seem to have the largest benefit.
Spouse's Paid - Up Insurance Purchase Option (SPPO): Should you die during your policy, this rider provides your spouse (as long as he / she is the beneficiary of your policy) the right to buy a new paid - up life insurance policy for himself / herself without providing evidence of insurabSpouse's Paid - Up Insurance Purchase Option (SPPO): Should you die during your policy, this rider provides your spouse (as long as he / she is the beneficiary of your policy) the right to buy a new paid - up life insurance policy for himself / herself without providing evidence of insurabspouse (as long as he / she is the beneficiary of your policy) the right to buy a new paid - up life insurance policy for himself / herself without providing evidence of insurability.
A type of supplementary benefit rider offered in conjunction with a life insurance policy that insures the lives of the insured's spouse and children; also referred to as dependent life insurance and spouse and children's insurance rider.
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