Sentences with phrase «death benefit options provide»

Accelerated Death Benefit Option provides up to 50 % of the death benefit for the terminally ill with a life expectancy of 9 months or less.

Accelerated Death Benefit Option provides up to 50 % of the death benefit for a terminally ill service member with a life expectancy of 9 months or less.

Basic: It is for those who never intend to convert their policy into a permanent product and are satisfied with the inexpensive death benefit option provided by Term life insurance.

Not exact matches

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.

For some people, an annuity is a good option because it can provide regular payments, tax benefits and a potential death benefit.

Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

This new generation of indexed universal life insurance is... Built to be flexible: Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.

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

They provide preservation of principal, death benefit protection, guaranteed retirement income options and competitive interest rates.

We want to provide you the freedom to shop around and compare monthly costs to different policy options such as the death benefit, optional riders, and length of the contract.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custDeath Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cuBenefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit option selected by the cubenefit option selected by the customer.

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

Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.

Term life insurance is the cheapest and simplest option and only provides the business with simple death benefit protection against the loss of a key person.

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.

A PerspectiveSM variable annuity includes a standard death benefit and the option to choose one of our enhanced benefits that for an additonal fee offers the potential to increase the amount of money you provide when the time comes.

Option A provides a level death benefit that stays the same.

This Act mandated that insurers provide written notice to policyowners, if an insured is 60 or older or is known by the insurer to be terminally or chronically ill, and if a policy owner requests to surrender the policy, request an accelerated death benefit under the policy, or when an insurer sends notice to the owner that the policy may lapse, that there are options to lapse or surrender available to them.

An MVA will not apply if a payment option is elected that provides annuity payments for five years or longer, to pay a Death Benefit, or if the Confinement / Terminal Illness Waiver of Surrender Charge requirements are met.

We recognise that individuals and funds did what they believed was a valid option to prepare for the changes, and we are looking to provide a PCG clarifying that we will not undertake compliance action where someone has rolled a death benefit income stream to accumulation phase under the current law.

These plans provide death benefit along with the flexibility of universal life insurance, while also allowing you to accumulate cash with over 55 investment options.

Guaranteed universal life insurance is an attractive option for many that bridges that gap of financial insecurity, allowing policy holders to lock in a guaranteed death benefit and premium payments while providing flexibility and stability for households.

Guaranteed universal life insurance is a solid option for estate planning life insurance because it provides a permanent death benefit at a relatively low cost.

Contracts in which a Life Only payout option is selected do not provide a death benefit either prior to, or after, the designated start date.

A GUL policy is an attractive option for anyone who wants the following: (1) an easy to understand policy, that (2) provides lifetime coverage, that (3) focuses primarily on the death benefit, with (4) non-existent or small cash value growth.

AIG's Quality of Life Products are unique, in that they provide you with an array of options outside of traditional death benefits.

This life insurance plan provides a death benefit if you should die, as well as tax - deferred growth of your account value, growth linked to a formula based on changes in an equity - index, flexible premium options, a variety of riders and waivers, and two death benefit options.

Universal Life is permanent life insurance that provides flexible premium and death benefit options.

Variable Life insurance is offered via a prospectus and provides death benefits and cash values that vary with the performance of a portfolio of underlying investment options.

Option A is the most popular UL option, as it provides the highest death benefits compared to the premium aOption A is the most popular UL option, as it provides the highest death benefits compared to the premium aoption, as it provides the highest death benefits compared to the premium amount.

On the life insurance side, Phoenix Life provides a wide range of different death benefit options, which include critical, terminal, and chronic illness options.

A few carriers that offer Accelerated Death Benefits, Living Needs Benefits or Long Term Care benefits provide another option, which allows the owner to surrender the policy at certain time for a refund of premiuBenefits, Living Needs Benefits or Long Term Care benefits provide another option, which allows the owner to surrender the policy at certain time for a refund of premiuBenefits or Long Term Care benefits provide another option, which allows the owner to surrender the policy at certain time for a refund of premiubenefits provide another option, which allows the owner to surrender the policy at certain time for a refund of premiums paid.

Insurers can pay death benefit in installments over a definite period of time and at a defined rate of interest, as approved under the «file and use» procedure on the declining balance if such an option is provided at the inception of the policy.

While life insurance policies provide for a single payment of the death benefit, policies may also offer other payout options that are intended to fit your needs and those of your family.

AutoMaster Plus provides expanded auto coverage to possessions inside the vehicle that may be damaged in an accident, such as a laptop, cell phone, and child safety seat replacement option, pet injury protection, personal belongings coverage, glass chip payment and death benefits.

The fixed indexed universal life insurance policy option through Sagicor provides an immediate death benefit, along with the option for considerable growth in the cash account.

Over time, life insurance policies have evolved from simply offering pure death benefit protection, to providing many additional savings and investment options.

The HDFC term plan is an exhaustive plan in the sense that it provides the customer with four options of life cover wherein the death benefit can be availed in four different ways.

Universal life can provide you with a variety of different payment options, including a flexibility of changing your death benefits, as well as the potential to accumulate cash value over time.

This makes the HDFC life term plan universal in nature because it becomes suitable for all and sundry through providing four death benefit options to the individuals.

It also provides high coverage options; policies can go all the way up to $ 10,000,000, even though most people won't need nearly that high of a death benefit.

In addition to just the death benefit options, life insurance can also provide retirees with income solutions as well.

An MVA will not apply if a payment option is elected that provides annuity payments for five years or longer, to pay a Death Benefit, or if the Confinement / Terminal Illness Waiver of Surrender Charge requirements are met.

This means that the policy provides the option to obtain an accelerated death benefit in the event that the insured is diagnosed with a chronic, critical, or terminal illness.

While other options such as stocks and mutual funds may provide potentially higher growth, these vehicles also expose the investor to potentially more market risk, without the added death benefit protection should the unthinkable occur.

These contracts have no cash surrender value and contracts in which a Life Only payout option is selected do not provide a death benefit either prior to, or after, the designated income start date.