Sentences with phrase «death benefit policies available»

We also have graded death benefit policies available at very competitive rates that ensure many of our clients have some form of life insurance coverage in place.

There are graded death benefit policies available for him.

Not exact matches

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

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.

We have $ 55,800 in IRA's (I'm 30 and my husband is 35), and $ 25K cash available in the life policy (death benefit is a half million).

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

In a nutshell, if your life insurance contract becomes a MEC, you'll lose all the life insurance policy tax benefits that are otherwise available prior to payment the death benefit.

The death benefit from the policy becomes available upon the second death when estate tax and estate

There are several riders that are available to add to your policy that can help enhance your policy's death benefit and cash value performance.

Since they're better able to assess your risk through the health questions, this policy's death benefit can be as high as $ 50,000 in value, though this is still significantly lower than what is available through alternate insurers.

So the decision may hinge upon how much death benefit the trustmaker qualifies for AND whether a long range term policy is available to cover the lifespan of the trustmaker.

The maximum benefit amount available equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.

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

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 addition, an optional enhanced death benefit is also available if the annuity owner selects the life income option with a protected period at the time of policy issue.

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.

Using PUAs is an effective method of increasing your available cash value while at the same time boosting the policy's death benefit.

Changes in the death benefit option are available at no charge after the first policy year.

We can also show you how the quoting process works, and give more focus on the details such as what type of life insurance policy is right for you, how much death benefit coverage you need for your survivors and their needs, and which of the many available life insurance carriers will be able to serve you best.

The only restrictions to Northwestern Mutual's life insurance policies are that they aren't available with small death benefits (the minimum is $ 25,000) and the company doesn't offer policies with limited underwriting.

TermNow is only available if your life insurance policy has a death benefit between $ 15,000 to $ 300,000.

Policy loans are also available using your cash value as collateral, but keep in mind that loans affect the amount of your death benefit.

Special Automobile Insurance Policy available for certain drivers which only covers emergency treatment and a $ 10,000 death benefit.

Accelerated death benefit riders are available for most life insurance policies; in fact, your policy may have such a rider and you might not have even known about it.

Because the loan will reduce the amount of available cash value in the policy, however, it will also reduce the amount of death benefit.

Additional optional benefits and riders that can be available with the Amica level term life insurance policies include the waiver of premium, the children's insurance rider, and an accidental death benefit rider.

Typically, it is good to fund the policy for at least 10 years to keep the death benefit low, although 7 pay policies are available when properly designed.

The good news is, that apart form your stand alone long term care insurance companies, there are newer hybrid long term care life insurance policies available that provide both lump sum death benefit protection, coupled with long - term care protection.

In addition to reducing the death benefit, if you want to surrender the policy or take a loan, the amount of funds available to you will be reduced.

Finally, in the case of a car accident, death benefits are available through the deceased's own auto insurer under Section B of the policy.

The Accelerated Death Benefit rider is free of charge for all applicants where it can be applied, and additional riders are made available for those looking to protect their Children, as well, and for those who want to protect their policy from non-payment during disability.

A final election occurs if all of the available death benefit in the policy is accelerated, excluding the residual death benefit.

Asset Protector ®: Available on Secure Lifetime GUL 3 policies, Asset Protector provides a package of living benefit riders, including access to death benefits.

A key detail about Graded Benefit is that the death benefit is not entirely available until, typically, 2 — 3 years after your policy is Benefit is that the death benefit is not entirely available until, typically, 2 — 3 years after your policy is benefit is not entirely available until, typically, 2 — 3 years after your policy is issued.

If, however, the insured lives past the second or third year and then passes away, the full amount of the policy's death benefit will be available to the beneficiary.

However there are no qualifications needed to be able to get an accidental life insurance policy and if you have exhausted options for getting a traditional policy, or want more coverage than available with a graded death benefit policy, look to get an accidental life insurance policy.

A «Term Life Policy» will pay death benefits only, but if you get a «Permanent» Life Policy», there is also the cash value accumulation along with the death benefits that is also available to the surviving partners and / or heirs.

We got Robert and Pauline each a $ 15,000 whole life policy with a two - year waiting period before the full final expense death benefit became available.

And, up to $ 1,000 of the policy's death benefit can be made immediately available after the insured's passing while waiting for the remainder of the proceeds to be paid out.

When an AAFMAA member passes away, the death benefit of their life insurance policy is available to be paid to the surviving beneficiaries.

We represent all the graded death benefit life insurance companies on the market and in this article we'll explain what «graded death benefit» life insurance is and how to secure the best graded death benefit life insurance policy available.

Every graded death benefit policy has different qualifying questions, so the key to finding the best graded death benefit life insurance rates is sorting through all the options available and finding the cheapest company that YOUR unique risk fits into.

Because these policies are available to people with health problems, the price is often higher than a policy with guaranteed death benefits from day 1.

In the event the executive dies, the life insurance policy death benefits are available to fund the plan and provide a lump sum benefit to the executive's beneficiary subject to the terms of the agreement.

Non-smoking insureds in the 70 year age brackets have policies available for all death benefit amounts, where smokers do not.

Life settlements are an alternative to the policy surrender and accelerated death benefit options that may be available in your insurance contract.

This type of policy offers one component for permanent death benefit proceeds whereby funds will be available to a beneficiary (or beneficiaries) for paying off final expenses and other financial needs of the insured's survivors.

Older adults might not have their needs fully covered with health insurance, and while some life insurance policies come with riders that let policyholders access the death benefit early in cases of terminal illness, it won't be available to them to cover long - term care services like nursing homes or at - home care.

Accelerated death benefit riders are available for most life insurance policies; in fact, your policy may have such a rider and you might not have even known about it.

Difference in death benefits: Insurance policies give back the sum assured along with any bonuses that are available under the plan.