Sentences with phrase «benefit as a result of a death»

This provision would make it impossible for a stranger to take a life insurance policy on you, and benefit as a result of your death.
Most GI policies have at least a 2 - year waiting period before the beneficiary can receive the full death benefit as a result of a death due to a medical condition.

Not exact matches

This provision states that no death benefit will be paid if you die as a result of your dangerous career or hobby (e.g., skydiving).
As we have seen, one way of putting the results of the coming of Christ, and particularly of His death and resurrection, is to say that the Kingdom of God, with all its benefits, has thereby become accessible to men.
As a result of the shutdown, military death benefits will not be paid to soldier's spouses.
I also found several places where climbing a wall as high as you can go (a common practice while hunting for secrets) resulted in an «out of bounds» death with no warning, This didn't feel intentional or well - designed, and might be a sign that edge cases of the game (likely to be found as Sonic maniacs explore every corner of it) could have benefited from a bit more playtesting.
The EPA claims the new standards will prevent as many as 2400 premature deaths per year by 2030, and result in a net savings of up to $ 23 billion in saved health care costs and other net benefits.
If you die as the direct result of a vehicular, air, or sea accident that you did not deliberately cause, your insurer will pay your beneficiary the accidental death benefit, which is normally twice the value of your insurance policy's face value.
If you have not reached preservation age but have permanently retired, a benefit can only be paid as a result of permanent incapacity, severe financial hardship, compassionate reasons or death.
Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.
Back in the day, any form of flying was considered extremely hazardous and most life insurance companies would either force the applicant to pay an exorbitant amount or they would add an aviation exclusion clause to the policy, in other words, if you died as the result of a plane crash, your beneficiaries wouldn't receive the death benefit.
The accidental death benefit rider (called a double indemnity rider) increases the death benefit, if you die as the result of an accident.
However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.
An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.
4 Accidental Death Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily inDeath Benefit Rider doubles the insurance proceeds payable when death occurs prior to age 65 as a result of accidental bodily indeath occurs prior to age 65 as a result of accidental bodily injury.
If a member has a terminal medical condition and two medical professionals certify that the condition is likely to result in the member's death in the next 24 months, the balance of their super account may be paid as a tax - free lump sum benefit.
Sure, we can debate valuations, but shouldn't lose sight of the big picture — as per the latest results, the portfolio now consists of $ 132 million in death benefits vs. a current carrying value of $ 45 million.
Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.
Whole life insurance also develops a cash value as a result of the level premium approach to funding the death benefit.
As a result, investors are likely to discount the cash value more aggressively (i.e., to make a relatively less generous offer if it must include buying out existing cash value on top of the policy death benefit) than a policy with little or no cash value.
As a result, the law costs utilities just $ 3 billion annually, not $ 25 billion, according to a recent study in the Journal of Environmental Management; by cutting acid rain in half, it also generates an estimated $ 122 billion a year in benefits from avoided death and illness, healthier lakes and forests, and improved visibility on the Eastern Seaboard.
(1) The insurer shall pay a death benefit in respect of an insured person who dies as result of an accident,
Under North Carolina Law, if an employee dies as a result of a work - related accident or injury, or dies as a result of an occupational disease, his or her family may be eligible to receive up to 500 weeks of benefits, up to $ 10,000 in funeral expenses, and reimbursement for medical expenses incurred prior to death.
A person injured as a result of a truck accident is entitled to accident benefits including partial (or total) income replacement benefits, attendant care benefits, supplemental medical and rehabilitation benefits, non-earner benefits, and funeral and death benefits.
(1) The insurer shall pay a death benefit in respect of an insured person if he or she dies as result of an accident,
In addition to CPP death benefits and Section B death benefits (if the death is as a result of a motor vehicle accident), you may also be entitled to claim damages from the parties who were at fault for the accident.
The Act also provides compensation for medical treatment, supplies, incidental costs of travel, and other needs, as well as benefits for the employee's dependents if the injury results in death.
In cases in which an employee dies as a result of a work injury, the deceased worker's family may be able to receive death benefits.
If your loved one died as a result of someone else's negligence, you may be entitled to benefits under a wrongful death case.
This rider offers an accidental death benefit that is equal to the policy's face amount — and pays out in addition to the whole life insurance benefit if the insured dies as the result of a covered accident.
Pays an additional death benefit if the insured dies as a result of an accidental bodily injury.
Benefits increase 5X in case of accidental death If you die as the result of an accident (as defined in your policy) before age 85, your beneficiary will be eligible to receive five times your coverage amount.
If he dies as a result of a car accident, his beneficiary would receive the $ 500,000 life insurance benefit plus the $ 1 million accidental death benefit for a total payout of $ 1.5 million.
We would certainly be able to help out your grandfather with a guaranteed issue final expense policy, but they would all contain what is called a Graded Death benefit, which would mean that the policy would not cover any losses as a result of natural causes for the first 2 years that the policy is in effect.
Also note that even during the initial 2 or 3 year period, if death occurs as a result of an accident, then the full death benefit would be paid.
• Accidental Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250,000.
If you were to pass away unexpectedly as a result of an accident, the amount of your death benefits can be doubled with an accidental death benefit rider.
Accidental Death Benefit Rider Provides an additional death benefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certainDeath Benefit Rider Provides an additional death benefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certaBenefit Rider Provides an additional death benefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certaindeath benefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certabenefit equal to the face amount of the policy if the insured dies as a result of an accident prior to a certain age.
If death should happen as a result of an accident, they will pay the death benefit.
Death in year three or later will result in the policy paying out the full face value also known as the death benefit of the poDeath in year three or later will result in the policy paying out the full face value also known as the death benefit of the podeath benefit of the policy.
J. RETURN OF MORTAL REMAINS — In the event of the death of the Insured Person during the Period of Coverage as a result of an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured PersoOF MORTAL REMAINS — In the event of the death of the Insured Person during the Period of Coverage as a result of an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof the death of the Insured Person during the Period of Coverage as a result of an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof the Insured Person during the Period of Coverage as a result of an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof Coverage as a result of an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Persoof death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Person.
Accidental Death and Dismemberment Rider A life policy rider that pays a percentage of the death benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an acciDeath and Dismemberment Rider A life policy rider that pays a percentage of the death benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an accideath benefit if the insured is killed in a covered accident or loses sight or limbs as a result of an accident.
As neither the cash value nor the death benefit is predetermined or guaranteed, the policyholder bears the risk of a poor fund performance which results in the decreased amount of the death benefit and the cash value and the increased premiums the insured has to pay to keep the policy in effect.
«No benefits will be paid due to Injury or death caused by, contributed to by or related to the following and / or their treatments and / or complications thereof: Sickness; Suicide or intentional self - inflicted Injury or poisoning; War, declared or undeclared; Acts of terrorism; While committing or attempting to commit a crime; Taking of illegal or non-prescribed drugs, or addiction or misuse of prescription drugs; Alcohol abuse or addiction, or being under the influence of alcohol, as defined by the vehicle code of the state or province in which the Accident has occurred; Mental or Nervous Disorders; Pre-Existing Conditions; Subjective Pain or other symptoms unless supported by objective medical findings; Pregnancy and pregnancy - related conditions including but not limited to fertility, pre-natal care, childbirth, miscarriage, abortion or postpartum conditions; Nuclear, biological or chemical exposure as a result of war, declared or undeclared or terrorism.»
However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.
An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.
If death occurs as a result of an accident in the first 2 years, the full death benefit is guaranteed to be paid to your beneficiary.
Most commonly, this provision defines whether the primary or the contingent (secondary) beneficiary is to receive the death benefit in the event that both the insured and primary beneficiary die as a result of a common disaster.
With accidental death coverage, there is a death benefit paid out to a named beneficiary if the insured dies as the result of a covered accident.
If you die as a direct result of an injury due to a covered accident, the death benefit paid to your beneficiary will be doubled.
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