Sentences with phrase «death benefit guaranteed for»

Announcer (voiceover): First, do you want your death benefit guaranteed for life?

I cut her premiums out all together and got her a 120 % higher death benefit guaranteed for life, never to make another premium payment.

Not exact matches

AIG is our favorite insurer for guaranteed acceptance life insurance because their prices are competitive and they let you accelerate death benefits if you become ill.

The consumer will incur a surrender charge, be subject to the commencement of a new surrender period, lose existing benefits (such as a higher crediting guarantee than is currently available, as well as death, living or other contractual benefits), or be subject to increased fees, investment advisory fees or charges for riders and similar product enhancements;

A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guarantees, and administrative costs.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

The policy does not guarantee that the death benefit will be sufficient to pay for any particular goods or services, nor that those goods or services will be provided by any particular provider.

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.

Examples include lifetime guaranteed income riders, critical illness riders, riders that pay for care in event of two of six activities of daily living, and guaranteed rollup death benefits.

Both Durham and Stamps agree that lifetime death benefit guarantees remain a very important feature in UL for both consumers and producers.

Payouts can be guaranteed for life, regardless of how much the account actually earns, and they often include a guaranteed death benefit.

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.

Death benefit riders typically offer a guaranteed annual yield that contractually grows for a specific period or until your passing.

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.

No - lapse universal life policies have guaranteed premiums and death benefits — they are like term insurance for life.

Since the insurer is guaranteed to pay a death benefit to your beneficiaries so long as all premiums are paid, permanent life insurance rates are significantly higher than those for term life insurance.

Guaranteed universal life is arguably the most popular product for second to die because these policies are set up to offer an inexpensive permanent death benefit, which is a key part of the second to die policy appeal.

AIG is our favorite insurer for guaranteed acceptance life insurance because their prices are competitive and they let you accelerate death benefits if you become ill.

In addition, variable annuities can provide guaranteed income you can't outlive, as well as offer a death benefit to help you provide for your beneficiaries.

Single - premium whole life (SPWL) is a type of life insurance in which a single sum of money is paid into the policy in return for a death benefit that is guaranteed to remain paid - up for the remainder of your life.

A Guaranteed Acceptance policy can only be purchased between the ages of 50 to 85, and the policy's death benefit is limited for the first 2 years of coverage.

In addition, Northwestern Mutual offers the option of paying a higher premium to guarantee the death benefit, an option that's not standard for most variable universal policies.

Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

A fee included in some annuity contracts that compensates the insurer for the risks it assumes in issuing the contract, such as the cost of death benefits, expenses of other insured income guarantees, and administrative costs.

Even if you use all the money earmarked for LTC costs and services, your beneficiaries will receive a 20 % guaranteed minimum death benefit.

Depending on your age, you might decide to: sit tight; reduce the death benefit to make the cash reserves last longer; put in more money (if you're sitting on cash and a 4 % return is guaranteed); exchange the policy for a different one; or sell the policy.

Mutual of Omaha also offers competitive rates for guaranteed issue whole life insurance, as well as a wider range of death benefits.

Annuities can provide you with guaranteed * income options regardless of how long you live, and can provide valuable death benefits for your heirs.

Death benefits for guaranteed acceptance policies are generally limited to less than $ 25,000.

AIG is our favorite company for guaranteed issue whole life insurance because they also offer the option of accelerating the death benefit if you become ill.

Symetra also has consistently low rates for guaranteed universal life insurance, with the option of accelerating the death benefit if you are diagnosed with a chronic or terminal illness.

Rates for whole life insurance are guaranteed to never increase and the death benefit is guaranteed to never decrease.

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.

Mutual of Omaha offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than permanent coverage.

The guarantees offered with whole life policies are a guaranteed level premium, guaranteed death benefit for your entire life and guaranteed cash value accumulation.

Lafayette Life offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

The Whole Life Guaranteed policy available from the company's website has a graded death benefit for the first two years of the policy.

Both guaranteed universal life AND traditional whole life offer a permanent death benefit that may be required for estate planning concerns such as business continuity succession planning or family business succession planning).

NYLIAC Instant Legacy ® 1 is a single - premium universal life insurance policy that can help leverage the money you have set aside for your heirs into a larger legacy through a Guaranteed Death Benefit.2

Keystone Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

For a single person, a guaranteed UL is a sound approach because it again provides a permanent death benefit to the trust.

Although term life insurance does provide a guaranteed death benefit for a period of time, the nerds (actuaries) at the home offices of the major insurance companies know very well you will likely never cash in on the death benefit of a term life policy.

Whereas a term life policy offers a death benefit for a specific number of years (such as 10, 15 or 20 year term), guaranteed universal life offers death benefit coverage up to a certain age such as 90, 100 or even 121.

All Asset - Care plans include a guaranteed death benefit, guaranteed cash value growth and access to 100 % of the death benefit for qualifying long - term care expenses.

The whole life insurance plus long - term care policy is available for ages 35 - 80 and provides a guaranteed minimum 4 % interest rate, along with a guaranteed death benefit.

In reality, most people who are seriously considering a guaranteed universal life policy for securing a permanent death benefit should probably forget about the other types of universal life insurance and focus on a comparison with traditional whole life insurance.

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.

Those applicants that are turned down for traditional term life insurance can still get coverage in a majority of cases with a guaranteed death benefit policy.

MarketProtector Advisory offers the same benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.