Sentences with phrase «death benefit for children»

* The accidental death benefit for children is fixed at $ 5,000 (Gold cover) and $ 10,000 (Platinum cover).
In a permanent life insurance policy, you're buying it for the death benefit for the child, period.

Not exact matches

You must be currently insured to be eligible for disability benefits and, upon your death, for your surviving spouse to receive the $ 255 death benefit and Mother's / Father's benefits along with any surviving dependent children's benefits.
This rider provides a $ 10,000 death benefit for all of your children under age 18.
For example, parents may want to gift to a child via a large life insurance policy, but they hold back out of fear that the death benefit might reduce the child's motivation to pursue a degree or build a career.
Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...
Even though alcoholism ranks as one of the country's three major health problems, along with cancer and heart disease; even though it accounts for approximately 98,000 deaths every year; even though it is the root cause of most pastoral - care crises (suicides, auto fatalities, child abuse, divorces, hospital admissions, accidental deaths and home violence); even though it costs the nation $ 120 billion annually in terms of lost work time, health and welfare benefits, property damage, medical expenses, insurance and lost wages; and even though its effects impair the educational process of every child in every classroom, still the church acts as though alcoholism does not exist.
Although previous studies have found that breastfeeding provides a variety of benefits for babies, including apparently reducing the risk of sudden infant death syndrome, or SIDS, the study is the first to demonstrate an overall reduction in mortality among U.S. children, Rogan and other experts said.
Benefits / risks to both mother and baby USA studies: Less sudden Infant Death syndrome in exclusively breastfed babies, less Childhood Lymphoma / Leukemia in children who were breastfed 6 or more months, better bone remineralizaton for mother after weaning in mothers who breastfed than those who didn't.
In this futuristic series, children are forced to battle to the death for the benefit of their society.
Therefore, the primary value of a Gerber Life Grow - Up Plan is its initial death benefit, since it's sufficient to easily cover the costs of a funeral and counseling for family should your child pass away.
At age 65, the policy was illustrated to allow him to take out $ 100,000 a year for life with a large inheritance for his children from the death benefit.
Apart from systematic savings for your child, child insurance plans offer a very important benefit called death benefit.
If stay - at - home parents have life insurance coverage and pass away, the life insurance death benefit would allow the surviving spouse to take much needed time off work to spend with the children and help pay for services that the stay - at - home parent lovingly provided.
This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.
The beneficiary for the accidental death insurance benefit on this product follows the automatic succession of: spouse, child (ren), parents, brothers and sisters, estate.
For example, if your death benefit is currently $ 300,000, rather than state $ 100,000 to each of my 3 children, instead state 1/3 to each of my children.
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.
Life insurance for children is not for the death benefit.
As an example, you can state that you wish ownership be transferred once your child is 25 years old and only want 50 % of the death benefit to be given at this time and then for the remaining 50 % to be given at age 30.
For example, suppose you have two children and you name each one to receive half of the death benefit.
With regard to permanent life insurance with a guaranteed insurability option, this feature, in addition to the customary death benefit, may provide a financial cushion for children well into their adult years.
This rider provides a $ 10,000 death benefit for all of your children under age 18.
Accelerated Death Benefit, Premium Waiver for Disability, Child Rider, Accidental Death Benefit, Unemployment Waiver
Life insurance death benefits can be used for final expense needs, college funding for children, salary continuation for the surviving spouse, philanthropic donations to a favorite charity, and obviously to pay off any personal or business debts.
You can receive much more than $ 250,000 worth of coverage by opening an account with a death benefit to your spouse, or by opening an account for your child.
For example, if you bought life insurance to make sure your spouse would be taken care of financially and you don't have children, you may want the death benefit to go towards a non-profit.
Life Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of need.
The policyowner can name one person as a beneficiary, like a spouse or child, or multiple people, with the death benefit split into percentages until 100 % of the death benefit is accounted for.
Reevaluate your death benefit on an ongoing basis — especially as you earn more, change jobs, have a child, get married, get divorced, experience a serious illness or disability, begin caring for an aging parent, have a death in the family, or start a business.
Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.
The only way your child will actually make out in the deal is if you die prematurely and their guardian invests the full death benefit for the remainder of time before they go to college.
Gerber's Grow - Up plan is a whole life insurance policy designed for children ages 14 days to 14 years old with death benefit options of $ 5,000 up to $ 50,000.
For example, it may be beneficial to designate one or more adult children as beneficiaries in order to keep the death benefit from becoming subject to federal estate taxes by virtue of becoming part of the estate.
Determine the death benefits needed: Add up your anticipated financial requirements at the time of your passing, such as end of life and funeral expenses, your mortgage and outstanding debts, college tuition for your children, and other benefits you may want.
Different rules apply to the transfer balance cap for child recipients of a death benefit income stream.
Do not include: — Old Age Security Pension (Canadian), Guaranteed Income Supplement, Allowance or Allowance for the Survivor — War Veterans Allowance or Veterans Disability or Dependents Pension Program — Death Benefits from Canada Pension Plan or Quebec Pension Plan — Canada Child Tax Benefit payments — Assistance payments from a municipal, provincial or Canadian federal government — Support or gifts from relatives, registered charities or other organizations — Municipal tax rebates — Lottery winnings — Inheritances — GST credits or other such payments issued by the Canada Revenue Agency (CRA)-- Universal Child Care Benefit — Registered Disability Savings Plan payments
Some examples include accidental death benefit, which pays double the face amount for accidental deaths, and child term rider, which adds coverage to the child of the insured.
Accelerated Death Benefit Rider, Premium Waiver for Disability, Accidental Death Benefit, Child Rider
College Education Benefit for Children and Spouse: Your beneficiary will receive 2 % of your accidental death benefit (up to $ 3,000 per year) for each of your children (and / or spouse) attending college full - time on the date of the acBenefit for Children and Spouse: Your beneficiary will receive 2 % of your accidental death benefit (up to $ 3,000 per year) for each of your children (and / or spouse) attending college full - time on the date of the aChildren and Spouse: Your beneficiary will receive 2 % of your accidental death benefit (up to $ 3,000 per year) for each of your children (and / or spouse) attending college full - time on the date of the acbenefit (up to $ 3,000 per year) for each of your children (and / or spouse) attending college full - time on the date of the achildren (and / or spouse) attending college full - time on the date of the accident.
If there are no dependent children, or none that are eligible for this benefit at the time of death, the beneficiary will receive a lump sum payment of $ 2,500.
Wrongful death compensation must be for the benefit of the person's surviving spouse, children, parents, or other next of kin.
Financial benefits and awards are also available for wrongful death due to a 9 / 11 - related cancer or disease, including a large cash death benefit, funeral expenses, lost earnings, and additional compensation for surviving spouses and any children.
A wrongful death claim typically belongs to a surviving spouse or minor children or a deceased person's heirs if there is no surviving spouse nor minor children, and it enables them to recover for future benefits including lost wages, medical and funeral expenses, loss of comfort, society and companionship, emotional distress and in rare instances, punitive damages.
In situations in which a deceased employee's child suffers from physical or mental incapacitation, death benefits may continue for the remainder of the child's life.
Under Nebraska law, the personal representative of the deceased may file a wrongful death suit for the exclusive benefit of the surviving spouse or children.
Death Benefits: Some family members, such as a surviving spouse or minor child, may be entitled to benefits for lost wages when their loved one has died on Benefits: Some family members, such as a surviving spouse or minor child, may be entitled to benefits for lost wages when their loved one has died on benefits for lost wages when their loved one has died on the job.
On the basis of riders for E T Total Secure Plus and Metlife Smart Child like accidental death benefit, critical illness, etc, these plans can be compared.
On the basis of riders for LIC Jeevan Labh and Child Advantage Endowment like accidental death benefit, critical illness, etc, these plans can be compared.
On the basis of riders for IndiaFirst Group Term Plan and Child Advantage Moneyback like accidental death benefit, critical illness, etc, these plans can be compared.
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