Sentences with phrase «death benefit option feature»

Accelerated Death Benefit Option Feature for Terminal Illness — The accelerated death benefit option can be added for no additional charge.

These options include a disability waiver (available on the CPA Plan, but not on the Spouse Life plan), as well as an Accidental Death and Dismemberment (AD&D) coverage, and an accelerated death benefit option feature for terminal illness.

Not exact matches

While the cash value feature is an attractive option it's important to remember, though, that tapping into the cash value of a life insurance policy reduces its value and death benefit and increases the chance the policy will lapse.

The basic features of variable annuities include tax - deferred growth, 1 choice of professionally managed investments, optional benefits (available at an additional charge), that can help protect your investment from market declines, 2 choice of payout options and a death benefit to help you provide for your beneficiaries.3

This option is called an accelerated death benefit and is a common feature for life insurance policies.

a feature of certain debt instruments that allow for the estate of a deceased investor to «put back» or redeem that instrument without penalty; bonds that carry a survivor's option usually redeem for par value when the survivor's option is exercised; in either case the benefit of the survivor's option can not be realized unless the original investor in the asset has died; because investor mortality risk must be taken into account when underwriting assets that carry a survivor's option, these assets are more complex and expensive to issue; also known as a «death put»

As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)

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 fixed index annuity offers the same traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, flexible retirement income options, and tax - deferred * earnings, but has the added feature of a 2.5 % or 5 % bonus to give your contract value an instant boost.

The Trendsetter Super Series includes the option for an accelerated death benefit if you have over $ 50,000 in coverage, but you can add this feature as a rider for smaller policies.

It combines the features of variable and universal life insurance, giving you the investment options as well as the ability to adjust your premiums and death benefit.

Many permanent life insurance options include a guaranteed minimum death benefit and feature cash value growth over time.

Whole life is considered the most rigid type of permanent life insurance, as the insured has few or no options when it comes to altering death benefits, premiums or the cash value accumulation feature.

Option 2 Death Benefit: The other option is a combination of a specific death benefit plus the cash value accumulation feature which builds over the life of the pOption 2 Death Benefit: The other option is a combination of a specific death benefit plus the cash value accumulation feature which builds over the life of the poDeath Benefit: The other option is a combination of a specific death benefit plus the cash value accumulation feature which builds over the life of the Benefit: The other option is a combination of a specific death benefit plus the cash value accumulation feature which builds over the life of the poption is a combination of a specific death benefit plus the cash value accumulation feature which builds over the life of the podeath benefit plus the cash value accumulation feature which builds over the life of the benefit plus the cash value accumulation feature which builds over the life of the policy.

This is a Max Life term plan with an increasing Sum Assured feature and a dual death benefit option.

b. Level death benefit, indexed: This option features yearly increase in the amount of death benefit as predetermined by percentage rule.

While the cash value feature is an attractive option it's important to remember, though, that tapping into the cash value of a life insurance policy reduces its value and death benefit and increases the chance the policy will lapse.

Another feature of flexible death benefit is the ability to choose option A or option B death benefits and to change those options over the course of the life of the insured.

The Trendsetter Super Series includes the option for an accelerated death benefit if you have over $ 50,000 in coverage, but you can add this feature as a rider for smaller policies.

Non-payment of the requirement premium and changes to the specified amount or death benefit option may also damage the no - lapse guarantee feature.

It combines the features of variable and universal life insurance, giving you the investment options as well as the ability to adjust your premiums and death benefit.

Other features include the ability to increase or decrease the death benefit as the insured's needs change; the ability to change the amount and / or the timing of the premium payment; and the ability to choose which investment options may be able to help the policy holder to meet best his or her retirement income needs the best.

Because whole life insurance has so many features and options in addition to the death benefit, it is extremely important to understand the illustration fully before entering into a whole life insurance contract.

These tax - free exchanges, known as 1035 exchanges, can be useful if another annuity has features that you prefer, such as a larger death benefit, different annuity payout options, or a wider selection of investment choices.

As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)

The main feature of this policy is the double death benefit option.

Max Life Super Term Plan has an increasing sum assured feature plus a dual death benefit option.

This plan also has other features like loan facility, 15 - day free look period and options for riders like total & permanent disability cover, accidental death benefit, critical illness and likewise.

In this post let us understand about — Key features of iProtect Smart plan, details about various plan options, information on accidental death benefit & Critical illness benefit, death benefit payment options, enhanced protection at key life stages (like marriage, child birth etc.,) and review on iprotect smart insurance plan.

Unlike a CI rider, this product provides Accelerated CI options (which means the policy will continue with the death benefit reduced to the extent of the critical illness sum assured paid) in two variants (7 illnesses and 35 illnesses), depending on the requirements of the customer, which is a cost effective feature and caters to a unique need.

Offer an inbuilt Waiver of Premium featured rider, while an option to customize with Accidental Death Benefit and Total Permanent Disability Rider.

Offer an inbuilt Waiver of Premium featured rider, while an option to customise with Accidental Death Benefit and Total Permanent Disability Rider.

This option is called an accelerated death benefit and is a common feature for life insurance policies.

# Accelerated Death Benefit option is a feature that is made available to group life insurance participants.

I - Care option - II available with accidental death benefit feature equal to sum assured for maximum of Rs 50L with small extra premium.

The plan comes with other features like 15 - day free look period, loan facility, and option to choose riders like accidental death benefit, total and permanent disability cover, critical and so on.