Sentences with phrase «death benefit options»

You can also choose different death benefit options, including a fixed death benefit or increasing death benefit.

However, in practice, the increasing death benefit option comes with a lot of risk.

Also be aware that any money left on your accelerated death benefit option after your death, will be given to your beneficiary.

While annuities may provide advantageous features that improve the quality of your retirement lifestyle, most contracts also allow the inclusion of death benefit options not available in other account types.

First of all, make sure you work with an agent that has access to the best graded death benefit options available and has the ability to compare the rates side by side.

The plan is offered in both a preferred and graded death benefit option.

To begin with, they have a level death benefit option.

However, guaranteed issue life insurance generally offers low death benefit options with higher than normal premiums.

Death benefit options for final expense policies are usually on the lower end because this simplified policy type is intended for final expenses.

There are two death benefit options under the plan.

You can also opt for accidental death benefit options by paying an additional amount equal to the basic sum assured.

Death benefit option A is a level death benefit, i.e. it stays the same.

Should the modified death benefits option be chosen, there would be a limit on the amount of death benefit paid out during the first two years.

This plan being a pure term plan has only death benefit options with no maturity or surrender benefits.

Variable annuity death benefits can be simple, or you can upgrade your policy with riders that offer enhanced death benefit options.

Death benefit option B is an increasing death benefit.

These include death benefit options and living benefit options.

You're likely to get higher death benefit options or lower premiums, or both.

However, guaranteed issue life insurance generally offers low death benefit options with higher than normal premiums.

They have an immediate death benefit option which carries a full day one death benefit that has no waiting period.

There are other uses for life insurance if you are age 70 or over, too, in addition to just death benefit options.

A term plan which provides complete protection to your family in your absence with multiple death benefit options.

This is a comprehensive term insurance plan which comes with three unique death benefit options.

Option C death benefit is a return of premium death benefit option that is only available on certain policies at the time of issue.

On paper, the increasing death benefit option makes a lot of sense and it looks attractive.

This is because the increasing death benefit option piles cash value on top of a level death benefit.

It is a pure term insurance plan that gives you the flexibility to choose various death benefit options.

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

You have the option to choose from the below mentioned death benefit options.

This is because term offers just a pure death benefit option, without any type of cash value build up.

Finally, you can also choose different death benefit options, including a fixed death benefit or increasing death benefit.

With a level death benefit option, the net amount of insurance at risk with decrease over time assuming proper premiums are paid.

Offers accidental death benefit option, so that your family receives an extra payout apart from the life cover post your demise.

Whichever type of death benefit option you choose it will affect the cost of your premiums, so it is a good idea to get quotes for both kinds.

The variable death benefit is one of three death benefit options available with variable universal life insurance policies.

You can also switch back and forth from a level death benefit to an increasing death benefit option.

Should the policyholder choose a modified death benefit option, the amount of the death benefit that is paid out during the first few years would also be limited.

A good example is the enhanced death benefit option that we mentioned above.

No, Death Benefit option selected by you during Policy purchase will remain same throughout the policy term.

As long as sufficient premium payments are made on a timely basis (exactly as illustrated), no unscheduled loans or partial withdrawals are taken, no increase in face amount or changes in death benefit options are made, and policy loan value does not exceed the policy's cash surrender value, the insurance coverage will remain in effect.

Riders with accelerated death benefit options provide income (subtracted from your death benefit) to your loved ones to replace your lost income and to pay for expenses associated with caring for you.

Mr. Chirag at 35 years of age, opts to buy HDFC Life YoungStar Udaan (career maturity benefit option with classic waiver death benefit option) with the policy term of 15 years, premium payment term of 10 years, annual premium amount of Rs 50,000, and sum assured on maturity of Rs 5,00,000.

On survival of the life assured till maturity, guaranteed maturity benefit becomes payable which depends on the premium band, entry age, policy term chose, death benefit option chosen and gender

Option 2 - Another option is that Mrs Gupta can opt for Income Death Benefit option.

And depending on the IUL death benefit option you choose, both whole life and indexed universal life have an increasing death benefit.

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.

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

Variable universal life insurance will also offer flexible death benefits options — which could essentially either underperform or outperform traditional whole life insurance, as well as even a regular universal life insurance policy.

Selects Survival Benefit Option B, Death Benefit Option 10X with a policy term of 20 years, premium payment term of 10 years and Sum Assured amount of Rs. 4,00,000

Annuity payments are a second death benefit option.