Sentences with phrase «death benefit face»

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.

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

Your death benefit face amount is guaranteed.

This life insurance software will accurately project true capital needs, and will both explain and show, why your death benefit face value needs decline every year.

AXA Equitable Interest Sensitive Whole Life insurance provides permanent coverage with fixed premiums guaranteed for life and guaranteed minimum 2 % cash value that increases year over year (unless you take out a loan on the policy) and equals the death benefit face amount at age 100.

If the death benefit face value is $ 250,000 (for example), and the beneficiary elects to receive monthly payments instead of the lump sum amount, the additional interest received above the $ 250,000 face amount is taxable.

This is in contrast with decreasing term life insurance where the death benefit face amount goes down over the life of the term, while the premium remains level.

Your death benefit face amount is guaranteed.

In other words, the policy must still be structured such that its cash value is expected to equal its death benefit face value at age 100 (or if there's a shortfall, the death benefit may be reduced to equal the then - available cash value at that time), and from that point forward the insurance policy would simply continue to earn its cash value return (but would no longer have any death benefit amount at risk).

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.

If you were to die during the policy's second year, 20 % of the death benefit face amount is paid to your beneficiary.

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.

If the policy is a term policy (unlikely), whatever is the death benefit face amount of the policy.