Sentences with phrase «coverage on the child rider»

You ask your insurance company for $ 10,000 of coverage on the child rider, which they price out at $ 5 per $ 1,000 of coverage.

Not exact matches

That said, if you do want this sort of coverage for your children, you might do better by buying a child rider on your own life insurance policy.

A child rider, on the other hand, is something you add to your own life insurance policy, and for another $ 50 a year you can add a few thousand dollars of coverage for all of your kids.

Child term insurance rider — this is a rider that covers your children up to 50,000 worth of coverage for each child up to 19 to 25 years of age depending on the comChild term insurance rider — this is a rider that covers your children up to 50,000 worth of coverage for each child up to 19 to 25 years of age depending on the comchild up to 19 to 25 years of age depending on the company.

The rider allows the purchase of additional coverage without proof of insurability at specific ages, or alternatively, on certain special occasions such as marriage or the birth of a child.

And if you're a parent looking to buy a life insurance policy on your children, a children's term rider allows you to add term life insurance coverage on all your children - natural, adopted, and stepchildren.

You can purchase up to five times the amount of Children's Term Rider coverage on the eligible child's 18th birthday and the rider can be converted to permanent insurance for up to five times the amount of coverage when the child turns 25.

What is unique about this child rider is the fact that you can purchase up to $ 99,000 of coverage on each child whereas most other policies only offer between $ 5000 and $ 20,000.

Rider Conversion Feature — May convert rider coverage on each eligible child covered by the rider at the policy anniversary following the child's 18th, 22nd or 25th birthday up to 5x amount of coverage (minimum of $ 25,000)

The children's term rider allows you to add term life insurance coverage on all children.

You can add additional coverage with riders for children's coverage, an additional named insured on the policy and a waiver of premium rider if you become disabled prior to age 60.

The rider can be converted to permanent insurance for up to three times the amount of coverage on the first of the following events: when you turn 65, when your child turns 21 or 25 if they are full - time students, or if they get married.

The rider can be converted for up to three times the amount of coverage on the first of the following events: your 65th birthday, when your child turns 21 or 25 if they are full - time students, or if they get married.

That form would be an example of an insurer who requires more in - depth information on children before approving child rider coverage.

There are child riders, however, which many companies offer as an add - on to a parent's insurance coverage.

The child rider allows you to pay an extra sum to get $ 10,000 worth of coverage on each of your kids.

A child rider is sold in units, each unit is a thousand dollars worth of coverage and you can get up to 50 units per child depending on the company you select.

Best part is that one child rider will provide coverage on as many children you have.

You have to consider on accidental death and child coverage if you are a rider.

Various add - on or riders can be taken with the child plan to enhance the protection and life coverage.