Sentences with phrase «benefit face amount»

Or, upon death, the value would be the death benefit face amount plus any unpaid dividends and interest minus any loans that may have been taken out.

Your death benefit face amount is guaranteed.

The death benefit face amount is guaranteed when the insured dies.

With a properly structured policy, the death benefit face amount will increase as your child ages, providing your child with the ability to create a future legacy for your children's children's children.

Not exact matches

The policyholder may elect 10 % or 25 % of the total face amount as the critical illness benefit amount with a maximum benefit amount of $ 250,000.

Cost varies by age and benefit amount with options ranging up to $ 250,000 — not to exceed policy face amount.

that's what is hilarious, he literally spits on our faces and says» you don't know anything i have managed over 1000 amount of games» but can't even beat middle team club like stoke in 8 attempts or beat mouth - rinho in 13 attempts, he think's he's amazing but he is actually embarrassing, he is getting us thrashed REGULARLY, the only team that hasn't completely embarrassed us are the spuds, I actually can't understand how fans didn't riot when arsene went to rome for charity matches when we needed him the most, I'm not even angry at him anymore, how can a man so proud let moroninho call him a «specialist in failure» and just prove him right time and time again, not only will it benefit arsenal for arsene to leave but it will also help the man himself, do the right thing and take a walk mate

Asked by ITV News Deputy Political Editor Chris Ship what consequences a housing benefit claimant who over claimed for the same of amount of expenses Culture Secretary Maria Miller claimed for should face, he said:

New York's high officials should endure the same hardships Cardinals face when the need to chose a Pope arises, and they can't agree on who will bestow the biggest amount of benefits and perks to all of them (Sorry for my failure to keep Church & State separated): Bread and water.

Once the likely costs of benefit payments and increased debt interest were taken off the spending total, the amount left to spend on public services faced an inevitable squeeze.

The craze of the benefits of avocado oil are all over the internet, an obscene amount of hashtags mentioned on Twitter and Instagram, and let's not forget the DIYer's adding it to their at - home face masks.

An accelerated death benefit allows a policyholder to receive an advance of the face amount if diagnosed with a terminal illness and given less than twelve months to live.

The payment of the accelerated death benefit reduces the stated face amount and stated cash value.

Whole Life Insurance guarantees a minimum death benefit (also known as the face amount), no matter how long you live, as long as premiums are paid.

Extended Death Benefit Guarantee — 50 % of your policy's face amount is guaranteed as long as your policy is in force

If you die during the first two years, the death benefit paid to your beneficiaries generally will be the amount you paid in premiums plus interest, although some companies will pay the full face amount for accidental death.

You can access a maximum benefit amount which equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.

Changes in the Death Benefit Option may result in changes to the policy's Face Amount and may require evidence of insurability.

So, if you had a $ 500,000 death benefit and your insurer capped the amount you could accelerate at «the lesser of $ 250,000 or 75 % of the policy's face value», you could request up to $ 250,000 while still living.

When purchasing life insurance coverage, it is important to determine what type of policy — as well as how much in death benefit (face amount)-- will be right for you and your survivors.

Some life insurance may offer death benefit options, including: a specific benefit that does not vary; a face amount plus the policy value; or the face amount plus premiums paid less withdrawals and loans.

At death, the entire face amount, which is composed of the base death benefit and investment, is paid to the beneficiary tax - free.

The maximum benefit amount available equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.

The face amounts available also vary on the plan you choose, with the Living Promise level benefit plan ranging from $ 2,000 to $ 40,000 total whole life coverage amounts.

Typically, the disability income benefit is specified as a percentage of the face amount, and is payable monthly.

This «living benefit» allows the insured to receive 75 percent of the policy's face amount in advance — up to a maximum dollar amount of $ 750,000 — in the event of a terminal illness diagnosis that will likely result in death within 24 months.

Under either option, a higher death benefit may apply if the value in the Policy Account reaches a certain level relative to the Face Amount.

The death benefit can also be defined as the face value or face amount of a life insurance policy.

However, it contains a Graded Death Benefit for the first two years — this means that if death occurs within the first two years of policy ownership, your beneficiaries will receive your accumulated premium payments and 10 % interest instead of the face amount of your policy.

The total guaranteed death benefit is the total face amount guaranteed assuming no dividends were used to purchase paid - up additions, which could actually decrease the death benefit over time.

With it, the face amount (the death benefit) and the premium (the amount you pay for protection each year) are fixed at the time you buy your policy and stay the same even as you age.

Face Amount — Could also be referred to as the Death Benefit, Policy Value, Payout Amount, Face, or Proceeds.

For example, if you purchased a policy with a 25/50/100 three year grading provision and you were to pass prior to the second anniversary of the policy your beneficiary would receive 25 % of the face amount benefit.

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.

Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement Rider is the face amount of your policy minus a 6 % charge.

The policy includes a guaranteed death benefit between the lesser of $ 10,000 or 10 % of the policy face amount.

The optional CICA benefit is available for fully underwritten term life policies with face amounts from $ 250,000 to $ 5,000,000 for ages 16 - 60.

Option 1, the death benefit is equal to the face amount.

Please avoid expressing beneficiary shares as dollar amounts since the actual death benefit paid may be more or less than the original policy face amount.

Your beneficiaries would receive the death benefit (policy face amount), if you would die during the term.

Face amount The face amount of the policy is the amount of the death benefit as stated in the polFace amount The face amount of the policy is the amount of the death benefit as stated in the polface amount of the policy is the amount of the death benefit as stated in the policy.

Cost varies by age and benefit amount with options ranging up to $ 250,000 — not to exceed policy face amount.

If there are any loans against the life policy, then these amounts will reduce the face value of the death benefit when the insured passes away.

Some examples include accidental death benefit, which pays double the face amount for accidental deaths, and child term rider, which adds coverage to the child of the insured.

An optional add - on life insurance benefit that allows the insured to receive partial payment of the policy's face amount before dying in the case of terminal illness or injury.

Three of the top factors used in evaluating a policy include the face amount (death benefit), the amount of premiums due each year on the policy, and the life expectancy of the insured.

Beginning in 2018 they will receive rate cuts amounting to $ 2 billion annually, while injured workers face their mandated losses being made permanent with benefits administered in a way that reflects the reduced revenue coming into the system.

If you fail to report income earned and this omission is discovered by the EI office, you will lose this deductible earning amount and may be asked to repay any overpayment of benefits and / or face penalties.

She had a Trendsetter LB policy with a face amount of $ 500,000 and received a benefit of $ 375,000.

Common carrier death benefit provision — If the insured dies while on an airplane, train, or bus, this rider provides an additional death benefit equal to 100 % of the original face amount.