Sentences with phrase «base policy face amount»

Accelerated Death Benefit: In case you become terminally ill, you can advance up to 55 % of the base policy face amount to help you pay for your treatment / living expenses during your end days.

Selected at issue and available at no additional cost, the Charitable Giving Benefit provides an additional benefit of 1 % of the base policy face amount (up to $ 100,000) upon your death to the qualified charity of your choice.9

Owning a USAA term life insurance policy guarantees you the option to replace some or all of the SGLI lost as a result of military separation or retirement, even if you are disabled.Increases in coverage more than two times the base policy face amount up to the current maximum Servicemembers» Group Life Insurance (SGLI) amount depends on your health and is subject to underwriting approval.

Not exact matches

The face amounts available for these plans is growing as the market evolves, and it is not uncommon to be able to issue $ 500,000, or even $ 1,000,000 policies on a simplified issue basis.

Results were based on an evaluation of the realized dividends and cash surrender values of a Whole Life policy issued 1/1/82 — 12/31/16 (35 - year old male, $ 250,000 face amount, select preferred rating, annual premium of $ 3,585) and the historical results of the S&P 500 and Bloomberg Barclays US Aggregate Bond Index.

The face amounts available for these plans is growing as the market evolves, and it is not uncommon to be able to issue $ 500,000, or even $ 1,000,000 policies on a simplified issue basis.

The initial Term Insurance Benefit, when added to the initial Face Amount of the base policy equals the initial Target Face Amount, which is also shown on the Policy Datapolicy equals the initial Target Face Amount, which is also shown on the Policy DataPolicy Data Page.

The maximum face amount for the children / grandchildren coverage is $ 5,000 or the face amount of the base policy.

The amount of these premium is based on several factors, including whether the policy is permanent or temporary, and then next face value, length of coverage, age, and your rate class.

Life insurance rate quotes referenced in our materials are based on a composite of participating carriers» best - published monthly premium rates for 10 - year, term life policies with face amounts of $ 250,000 and $ 500,000 as of 12/30/2016.

That way, if you die prematurely, the lump sum death benefit paid by the insurer based on your term policy's face amount will protect your family's future with the funds needed to move on and not be left financially desolate.

You can choose to make it a level amount based on your policy's face value.

The minimum amount of ADB coverage is $ 10,000 and the maximum is whatever the face amount of the base policy is.

It costs $ 75 and it is important to note that the locator service generally will not report on policies with a $ 100,000 face amount or less, guaranteed issue policies, employer - based life insurance, or military issued life insurance.

Automatic increase rider - An optional policy rider in a universal life insurance policy that provides scheduled increases in face amount based on a designated percentage, beginning in a designated policy year.

Save up to 10 % more savings comparison based on monthly premium rates as of 02/09/2015 for a 15 - year level term policy, for face amounts of $ 500,000 issued by American General Life Insurance Company at its best published rates for a male, age 40, non-smoker.

Typically, the supplementary income is based on the face amount of your policy.

Additional insurance limited to the lesser of $ 100,000 or the face amount of the base policy.

This added benefit is paid in addition to the face amount of the base policy if the insured's death meets the «Accidental Death» guidelines as defined within the Rider.

As long as sufficient premium payments are made on a timely basis (exactly as illustrated), no unscheduled loans or partial withdrawals are taken, no increase in face amount or changes in death benefit options are made, and policy loan value does not exceed the policy's cash surrender value, the insurance coverage will remain in effect.

Life insurance rates are based on your life expectancy, the face amount you request and the length of the policy, whether it's the duration of your life (permanent life) or a specific period (term life).

If a policyholder requests an increase in face amount, it's possible that the base policy increase is approved but the rider increase is declined.

Indexed Premium Whole Life — With an indexed policy, the policy's face amount will increase based on increases in an underlying index such as the Consumer Price Index (CPI).

Indexed Premium Whole Life — An indexed premium whole life policy will allow the face amount of the policy to rise and fall based upon the movements of an underlying market index, provided that the policyholder chooses to accept the increase.

The amount paid is more than the surrender value of the policy and less than the face value; it's based on the seller's life expectancy.

The premiums and the face amount of the policy, though, are based on the terms of the group life insurance policy your company has in place.

Each policy that is now issued will have its own MEC premium limit that is based on several factors, including the age of the policy owner and the face amount of the policy.

The benefit amount is up to the face amount of the base policy or a maximum of $ 300,000 on any one life (includes any such benefit already in force).

In the article he says «Based on actuarial facts, the sum of the mortality costs at life expectancy averages 74 % of the face amount (regardless of age, policy or carrier) Why?