Sentences with phrase «certain policy benefits»

In addition, loans and partial withdrawals may cause certain policy benefits or riders to become unavailable and may increase the chance your policy may lapse.

Not exact matches

Payouts for dismemberment are typically listed as a percentage of your policy's death benefit, with a certain percentage corresponding to each limb (or combination thereof).

There are certain market segments that are more sensitive to changes in monetary policy and may benefit if the Fed delays liftoff further.

(2) Reflects 2015 Merger - related adjustments including the change to align Kraft to Kraft Heinz's accounting policy for postemployment benefit plans; incremental amortization resulting from the fair value adjustment of Kraft's definite - lived intangible assets; incremental compensation expense due to the fair value remeasurement of certain of Kraft's equity awards; and, certain deal costs related to the 2015 Merger.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

Riders are useful as they allow you to tailor your life insurance policy and gain certain benefits that aren't available with the standard coverage.

By law all children have the right to benefit from certain federal programs, but the voucher system — through which funds can be spent to benefit the school, not just the student — is both unconstitutional and poor public policy.

It is certainly possibly that certain policy choices are a zero - sum game and benefit one party only at the expense of others, but it is equally possible for a policy to benefit multiple participants.

«The basic idea is that when you have costs or benefits from some sort of regulatory policy that will happen in the future, if you want to know the value today, the standard practice is to discount them by a certain degree,» he said.

At certain points during the term of coverage, such as your birthdays, you can increase the policy's death benefit and premiums will be determined using your initial health rating.

We pay an additional monthly benefit if the insured suffers a catastrophic disability that prevents the insured from performing certain activities of daily living, as defined by the policy.

However, permanent life insurance can be structured as an employee benefit, as the policy, and its cash value, can be transferred to the insured after a certain number of years or at a particular milestone.

Payouts for dismemberment are typically listed as a percentage of your policy's death benefit, with a certain percentage corresponding to each limb (or combination thereof).

This is a benefit that can be added to certain life policies that will prepay a portion of the death benefit in case of a particular critical illness such as heart attack, stroke, life - threatening cancer, by - pass surgery, organ transplant, Alzheimer's, etc..

The overloan protection benefit rider protects your policy from lapsing in the event that your life insurance loan exceeds a certain threshold.

While policies sold by mutual life insurers are similar in many ways to those sold by stock life insurance companies, as we have seen, there are certain benefits to buying policies from mutual insurers.

For certain types of permanent life insurance policies, namely policies that pay dividends, the additional tax benefit of «tax free dividends» is available.

In addition, these policies come with an Additional Purchase Benefit, which is the option to increase your policy's face value at certain points in time.

Alternate Care Benefit: Provides coverage for certain qualified services or treatments not specified in the policy, since scientific advancements may present better options than we currently know about.

Riders are useful as they allow you to tailor your life insurance policy and gain certain benefits that aren't available with the standard coverage.

In general, life insurance companies that know an insured has passed, but can not locate the beneficiaries of the policy, are required to turn over the benefits of the policy to the state's unclaimed property office if the benefits are not claimed after a certain number of years.

We pay an additional monthly benefit if you suffer a catastrophic disability that prevents you from performing certain activities of daily living, as defined in the policy.

There are certain instances where this is not the case, but the typical life insurance policy arrangement will have the death benefit paid to the beneficiary tax free.

You believe that you would outlive a term life insurance policy and want something that will grow over time that has certain guarantees like cash value growth and death benefit

Whereas a term life policy offers a death benefit for a specific number of years (such as 10, 15 or 20 year term), guaranteed universal life offers death benefit coverage up to a certain age such as 90, 100 or even 121.

Universal Life Insurance — With universal life insurance coverage, policyholders can, within certain guidelines, choose how much of their premium goes towards the policy's death benefit, go to the cash value.

You have to look closely to see if this is contained in the policy, but it is possible that a burial policy will not pay benefits within a certain period of time.

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.

This benefit guarantees that your policy will not lapse for a certain number of years.

One thing that seniors might consider is a single premium option which is a lump sum payment into a policy in return for a certain amount of death benefit.

3 Notwithstanding the tax - advantaged death benefit, there can be tax consequences to certain withdrawals from a VUL policy while the insured is living.

If in the future you decide to lower your death benefit, generally you'll be permitted to do so after the policy has been in force for certain period of time (policy guidelines will differ, so be sure to check your policy language).

With universal policies (universal life and variable universal life) you can reduce or increase the amount of the death benefit and vary the amount or timing of premium payments, subject to certain limitations.

If any incidents of ownership occur by the person who transferred the policy, it may cause the policy to lose certain tax benefits.

Life insurance policies can be purchased for certain terms or a lifetime and for varying death benefits.

Seg funds are simply a special kind of mutual fund with three extra features thrown in (for a fee, of course): (1) A certain amount of creditor protection, as they are considered as insurance policies (2) Downside protection in the form of a promise to return 75 % to 100 % of capital in a certain number of years, usually ten and (3) a death benefit that allows the beneficiary to redeem the fund at the purchase price in the event of death within the 10 year period.

However, these policies are generally restricted to people within a certain (older) age range (50 - 85 years old, for example) and benefit amounts are usually smaller.

Typically, a universal life insurance policy holder may adjust — within certain limits — the death benefit amount, as well as the timing and the amount of their premium.

These could be extras such as waiving premiums if you're disabled for a certain period of time, converting a term policy to a permanent policy, returning paid premiums if you outlive your policy's term, or, as we'll talk about here, receiving death benefits early.

Special Automobile Insurance Policy available for certain drivers which only covers emergency treatment and a $ 10,000 death benefit.

1 Life insurance policies contain certain exclusions, limitations, exceptions, reductions of benefits, waiting periods and terms for keeping them in force.

Due to the way these policies are set up, consumers can decide when to pay higher premiums for a higher death benefit within certain limits.

Aside from certain exceptions, if you die while your policy is in force, your insurer will pay out a death benefit to your beneficiaries.

Life insurance is subject to exclusions and limitations and terms for keeping it in force, Certain types of policies, features and benefits may not be available in all jurisdictions or may be different.

However, with the use of certain riders, your policy cash value and death benefit will continue to grow each and every year.

These investment options are intended to be sold to certain asset allocation portfolios and to separate accounts of Transamerica Life Insurance Company or Transamerica Financial Life Insurance Company to fund the benefits under certain individual flexible premium variable insurance policies.

In the event the insured meets certain criteria, the policy will payout a portion of the death benefit to the insured while living.

Like most insurance policies and benefit programs, insurance policies and benefit programs offered by Metropolitan Life Insurance Company and its affiliates contain certain exclusions, exceptions, waiting periods, reductions of benefits, limitations and terms for keeping them in force.

Income that may be part of your gross income but is not identified as taxable income would include child support, proceeds from life insurance policies, inheritances, workers compensation payments, welfare benefits, compensation awarded as a result of physical injury, education scholarships or grants, and income paid to your retirement account (either a 401k or IRA, up to a certain amount).

Certain critical policies that should be included in an Employee Handbook will be discussed, including an Equal Employment Opportunity Statement, benefits section, disciplinary policy, and other important policies to protect the veterinary clinic and / or to enhance employee communications.