Sentences with phrase «death benefit amount»

We limit the number of death benefit amount choices in order to provide a fast response and make comparison simpler.

For individuals and families, the company's term life insurance provides a guaranteed death benefit amount for a set period.

An individual who enters into a whole life insurance contract with an insurance carrier agrees to a specified death benefit amount in exchange for a fixed level premium.

After two years have passed since buying the final expense policy, your beneficiaries will receive the full death benefit amount no matter what causes your death.

For example, we have multiple companies that offer approvals in as little as a couple days for lower death benefit amounts.

This is because not all policies will automatically pay out 100 % of the stated death benefit amount if the insured passes away within a certain amount of time after purchasing the policy.

This means you can exchange or convert your term insurance policy for a whole life insurance policy with the same death benefit amount of your term insurance policy.

Debt — Make sure the total death benefit amount includes any outstanding debt.

Below is a breakdown of the average cost of a 10 year term life insurance policy based on death benefit amounts and health ratings.

The accelerated death benefit amount is based on the lesser of $ 500,000 or 75 % of the policy's primary death benefit.

These policy types are especially good for those seeking larger death benefit amounts at an affordable price, such as a $ 1 million dollar life insurance policy.

The accelerated benefit is the lesser of 50 % of your life insurance policy death benefit amount or $ 300,000.

This is because not all policies will pay out 100 % of the stated death benefit amount unless or until the insured has had the policy for a certain amount of time.

There are, however, some insurance carriers that will offer policies with higher death benefit amounts.

Typically, single premium policies provide larger death benefit amounts when compared to life or multi - year pay policies.

This additional insurance substantially adds to your original death benefit amount over time, and it is normally associated with whole life insurance that pays dividends.

Notice that the cost difference between age 49 and 50 is not huge for 10 - year policies, but as you increase death benefit amounts and term lengths, the savings become significant.

Typically, single premium policies provide larger death benefit amounts when compared to life or multi - year pay policies.

Most insurance companies have a minimum death benefit amount requirement before they will allow the addition of a child rider.

Term life insurance death benefit amounts could be ten thousand times the monthly premium costs — depending upon age.

As a result, you're getting maximum death benefit amount at the very lowest up front cost.

It also provides a guaranteed death benefit amount as long as you maintain the level premium.

This accidental death benefit amount of coverage will be paid out in addition to other life insurance coverage.

Guaranteed issue life insurance policies have significantly lower death benefit amounts compared to term or permanent policies.

You also have a choice of picking different death benefit amounts depending on your dependents and liabilities.

Under a term life insurance policy, when the insured dies, the beneficiary is paid the specified death benefit amount stated in the policy.

The higher premium amount coupled with the lower initial death benefit amounts are the biggest disadvantage to universal life insurance option B.

But in some instances, it might be cheaper to buy life insurance at a certain death benefit amount for price breaks and list the amount above the principal loan amount to family.

If you're looking for a burial policy, these may be purchased in small death benefit amounts.

Also, the available death benefit amounts tend to be much lower than those available for term policies which do require a medical exam.

Your choices include choosing between the amount equivalent to the cash value or a combination of a specific death benefit amount plus the cash value.

But there's a twist: the policyholders of universal life policies can change the premium and death benefit amounts without getting a new policy.

Although you are limited to lower death benefit amounts per carrier, you can apply for more than one company.

Therefore, your beneficiary can use the whole death benefit amount to pay off debt, final expenses, or other fees as needed.

Death benefits amounts range as high as $ 50,000.

The average death benefit associated with each life insured in the portfolio is US$ 1.8 m, but there is considerable variation in the size of individual death benefit amounts.

In other words, you need to buy death benefit amount.

You won't get the full death benefit amount until you have owned the policy for two years.

Now while it may be a temporary coverage, it is also your most affordable option for the highest possible death benefit amount.

With term life insurance, the insured is covered with a pure death benefit amount, and there is no cash value, or savings build up that is associated with these policies.

We have all the sample life insurance rates by gender you could want, broken down by age groups, products, and even death benefit amounts listed below.

This will make sure you have the proper death benefit amount left to your spouse and kids.

With this rider your beneficiaries will get an extra death benefit amount on top of the policy coverage amount if the death is the result of an accident.

If the insured passes away during this period, the insurance company pays the promised death benefit amount.

Based on the individual's health history, there are differing death benefit amounts available.

These riders simply guarantee a yearly increase in the annuity death benefit amount each year for a certain time period.

Term insurance typically provides for the largest immediate death benefit amount for each premium dollar.

The accidental death benefit rider pays out a greater death benefit amount — on top of your policy's stated death benefit — if you die due to an accident.