Sentences with phrase «death benefit amount for»

While the relative merits of this particular rider can be debated (using it automatically depletes the death benefit amount for your beneficiaries), State Farm stands out as the only provider that doesn't offer it.

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

Finally, most life insurance companies cap the death benefit amount for no health exam policies at $ 250,000 or $ 500,000.

You may want to reduce the death benefit amount for reduced premiums.

Any comprehensive life insurance website will include some kind guide for calculating a death benefit amount for your life insurance policy.

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

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.

The death benefit amount for the Member Advantage Life UL will decrease each year after the initial 20 year coverage period until it reaches the minimum of $ 10,000.

Not exact matches

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

If you need a large amount of coverage, simplified issue life insurance isn't ideal for you because most life insurance companies cap the death benefit at $ 100,000 (some companies offer as high as $ 500,000.)

For a basic variable annuity, the death benefit is usually equal to the amount that you contributed to the annuity.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

If the beneficiary is a minor, another option is an «interest income» payout, which makes guaranteed payments toward the interest on the death benefit for a specified time — for example, until the minor comes of age — at which point the benefit amount becomes available to that beneficiary.

Make comparisons of premium costs for many different policy variations such as the death benefits amount, and optional riders.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

Policyholders who can provide evidence of good health pay lower rates and qualify for bigger death benefit amounts compared to those who can not.

The minimum death benefit for term coverage is $ 25,000 and, depending on your age, MetLife offers the following term lengths and maximum coverage amounts:

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

Term life insurance offers a specified amount of death benefit for a specified term.

In the event of multiple Accidental deaths per account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit of insurance equal to two times the Benefit Amount for loss of life.

Get quotes from multiple insurance companies and make sure that the death benefit and premium amount are satisfactory for your needs and budget.

It is a great option for someone young, who needs additional death benefit protection, but does not want to spend the extra amount on more permanent coverage.

Optional death benefits are available for an additional fee and offer the potential to increase the amount of money you provide when the time comes.

However, the small amount of money you saved is not worth the under performing permanent coverage you are stuck with, unless your only need for the insurance coverage is the death benefit.

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.

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.

Death Benefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments receDeath Benefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments reBenefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments recedeath benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments rebenefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments recedeath, amounting to the difference between the initial premium paid and the cumulative income payments received.

For example, if you have a pre-existing condition and want a $ 350,000 death benefit to cover your mortgage, you will only be able to get this amount of coverage through a term life insurance policy.

(o) If there is no person who would be entitled, upon application therefor, to an annuity under section 2 of the Railroad Retirement Act of 1974 [98], or to a lump - sum payment under section 6 (b) of such Act, with respect to the death of an employee (as defined in such Act), then, notwithstanding section 210 (a)(9)[99] of this Act, compensation (as defined in such Railroad Retirement Act, but excluding compensation attributable as having been paid during any month on account of military service creditable under section 3 of such Act if wages are deemed to have been paid to such employee during such month under subsection (a) or (e) of section 217 of this Act) of such employee shall constitute remuneration for employment for purposes of determining (A) entitlement to and the amount of any lump — sum death payment under this title on the basis of such employee's wages and self — employment income and (B) entitlement to and the amount of any monthly benefit under this title, for the month in which such employee died or for any month thereafter, on the basis of such wages and self — employment income.

Initial premium rate is based on age and gender for all death benefit amounts; tobacco or nicotine substitute use is an additional premium factor for death benefits of $ 101,000 through $ 300,000.

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.

Hence, it allows you to leave the maximum amount of your death benefit in place for your family along with covering your long - term care needs.

In some cases, the maximum death benefit for an additional insured can be as high as those of the primary insured, meaning your spouse would have the same amount of coverage as you.

A Single Premium policy is the one in which the premium amount is paid in lump sum at the beginning of the policy as a return for the death benefit which is guaranteed to be paid up until the death of the policyholder.

The outstanding loan amount will reduce the death benefit dollar for dollar in the event of the death of the policyholder before the full repayment of the loan.

What is the amount of the death benefit relative to the amount of retirement benefit for each plan participant?

For example, while most term life insurance policies offer a fixed death benefit for the term length, Banner's term policy lets you combine terms and coverage amounFor example, while most term life insurance policies offer a fixed death benefit for the term length, Banner's term policy lets you combine terms and coverage amounfor the term length, Banner's term policy lets you combine terms and coverage amounts.

If you need a large amount of coverage, simplified issue life insurance isn't ideal for you because most life insurance companies cap the death benefit at $ 100,000 (some companies offer as high as $ 500,000.)

For DIAs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments received.

Benefit: For life insurance, it is the amount of money specified in a life insurance contract to be paid to the beneficiary upon the death of the insured.

A PerspectiveSM variable annuity includes a standard death benefit and the option to choose one of our enhanced benefits that for an additonal fee offers the potential to increase the amount of money you provide when the time comes.

Please let me know that monthly income advantage plan offered by Max Life in which after paying 12 annual premiums will get a monthly income for next 10 years & get a lump sum amount (equal approximate the premiums paid in 12 years in the beginning) plus approx. 14.5 times death benefit for the entire policy term i.e. 22 years.

For life insurance policies that pay death benefits in the form of a lifetime payout, the portion of the payout that is not subject to tax if the policy has no refund provision or stated time period guarantee which is determined by dividing the amount of the death benefit by the life expectancy of the beneficiary.

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 poDeath 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 podeath 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.

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.

Traditional life insurance focuses on the maximum amount of death benefit for a minimum amount of premium whereas a wealth building approach tries to minimize the death benefit and maximize the amount of cash that is put to work in the policy.

For example, some policies allow tax - free access to the amount of death benefit to pay for long - term care cosFor example, some policies allow tax - free access to the amount of death benefit to pay for long - term care cosfor long - term care costs.

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.

The concept of selling your life insurance policy is known as a life settlement, this process involves selling your policy for an amount of cash that is less than your death benefit and more than the amount that is in your cash value account.