Sentences with phrase «death benefit rider added»

Ask about getting an accelerated death benefit rider added onto your policy.

Ask about getting an accelerated death benefit rider added onto your policy.

Not exact matches

And if you are in need of a larger death benefit initially than your budget allows, you can add a term life rider to your policy to enhance your initial death benefit.

Adding a paid up additions rider or paid - up additional insurance rider allows you to make additional monthly or annual payments into your policy to increase the death benefit and cash value.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as rRiders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as ridersriders.

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.

For purposes of this post, it just needs to be understood that we can bridge the deficiency of not having enough coverage in our banking policy with a term rider, which can be used to add convertible term life insurance (which results in an increase to the death benefit).

Value Enhancement Rider: The VER is a whole life insurance rider that allows you to add additional single or periodic premium payments to your policy to purchase paid up additions, increasing your death benefit and cash value.

Alternatively, you can always get a smaller universal or whole life policy and add a supplemental term life rider to maximize your death benefit, but also begin growing your cash value.

For example, if our 50 - year - old pre-retiree Alan is worried about losing money in the event of prematurely passing away, he can add the return of premium and death benefit riders to his DIA.

Riders — Riders are options that can be added to a variable annuity, such as lifetime income, withdrawals, or death benefits.

Insurance companies have attempted to deal with these issues by adding riders such as guaranteed death benefit.

In addition, riders can be added to each policy that allow you to adjust the death benefit, either so that it increases over time, it decreases over time, or you're able to purchase additional coverage later without medical questions.

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.

They have an additional accelerated death benefit rider that you can add.

A term insurance policy is useful in many situations and we may even suggest adding a term rider to your policy to increase its cash accumulation efficiency and provide a larger initial death benefit for your family.

As a secondary focus, sometimes a term life policy rider is added to a policy to add death benefit, rather than adding it to the whole life policy at the expense of cash value accumulation.

For example, you might purchase universal life insurance for a death benefit and possible asset growth, but also add a term life rider to provide a larger death benefit at a lower price.

Some examples include accidental death benefit, which pays double the face amount for accidental deaths, and child term rider, which adds coverage to the child of the insured.

You also have the option of adding the Chronic Illness Plus rider, which allows 100 % of the death benefit to be accessed if you qualify.

Alternatively, you may want to add a no lapse guarantee rider to your policy for whatever length you MUST have the policy in force, to ensure the premiums and the death benefit stays level for that period.

There is also the option of adding an accelerated death benefit rider to the policy.

Accidental death benefit rider: You can add additional coverage in the form of an accidental death policy.

In theory, the riders can be added at time of application and upon medical approval so that the policy owner can access a portion of the death benefit as long as certain conditions are met by the insured medically.

An accelerated death benefit rider of up to $ 250,000 is included at no extra charge and policyholders are given the option to select a specific death benefit protection period for added flexibility.

Add in a no cost chronic illness accelerated death benefit rider, and you can see why Penn Mutual makes the grade for one of the best guaranteed universal life policies in the market.

A benefit included or added to a life insurance policy with a rider that allows the policy owner the right to receive a portion of the death benefit as defined in the policy if the insured becomes terminally ill and furnishes proof.

While most companies offer the accelerated death benefit rider free of charge, some companies require you to select that you want to add this rider the time of application.

With this product option, not only are your loved ones protected financially from your death, but with the critical illness rider add - on you would be eligible to receive a portion of the death benefit if you were to be diagnosed with a critical illness, such as Alzheimer's.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as rRiders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as ridersriders.

There is an option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable asBenefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable asbenefit payable as above.

Also, consider adding policy riders that will allow you to access the policy death benefit in the event of a terminal illness or even convert a portion of your term policy into a permanent policy (such as whole life or universal life).

Besides this, the plan provides add - on benefits as riders like accidental death benefits and accidental total and permanent disability rider.

An accelerated death benefit can be added to a life insurance policy as a rider, so it's important to know just what that means.

Add - on benefit as an accidental death benefit and disability rider is provided by the policy.

Accidental Death Benefit One of the ways that you can ensure that your family is taken care of in the event of an accident is to add an accidental death rider to your poDeath Benefit One of the ways that you can ensure that your family is taken care of in the event of an accident is to add an accidental death rider to your podeath rider to your policy.

Riders such as accidental death benefit, critical illness, hospital cash and surgical care can be added for additional premiums.

They have an additional accelerated death benefit rider that you can add.

In addition to the base term life insurance policy — which will oftentimes cover an individual for $ 50,000 of death benefit coverage — there may be the option to add an Aflac Accidental Death Benefit rdeath benefit coverage — there may be the option to add an Aflac Accidental Death Benefitbenefit coverage — there may be the option to add an Aflac Accidental Death Benefit rDeath BenefitBenefit rider.

For example, there are numerous riders that may be added, including a Living Needs Benefit rider, a Waiver of Premium rider, a Children's Protection rider, and / or an Accidental Death Benefit rider.

Critical illness and accidental death benefit riders can be added for a higher premium.

Accelerated Death Benefit — Another good add on that should come with the policy at no extra cost is the accelerated death benefit rDeath Benefit — Another good add on that should come with the policy at no extra cost is the accelerated death benefitBenefit — Another good add on that should come with the policy at no extra cost is the accelerated death benefit rdeath benefitbenefit rider.

Adding a term rider to your policy, particularly when you are younger and need a larger death benefit, is a great way to allow you to have the death benefit you need and contribute to your policy for more paid up additions.

Accidental death benefit insurance is not usually included in a basic life insurance policy, so adding it to a standard policy as a rider will likely result in a somewhat higher premium; however, it will pay double the amount of the regular death benefit if the insured dies in an accident.

There are several policy riders available to add coverage for accidental death, children's insurance, chronic care, disability waiver of premium, living benefits and more.

This plan can also be further «customized» by adding various riders such as the children's term rider the disability waiver of premium rider, the accidental death benefit rider, and / or a travel accident rider that provides an additional amount of coverage if the insured dies as the result of a travel related accident.

You can add additional coverage in the form of riders that can pay benefits for long - term care, the death of a child, accidental death, and disability premium waiver.

If you already have a term life insurance AD&D this insurance policy can be added on top as a low - cost addition / endorsement / rider and pays out twice the face value of the death benefit to your beneficiaries.

However it can be added as a rider to a traditional life insurance plan so the beneficiaries receive both the benefits from the life insurance and the death and dismemberment insurance plan in case of an accidental death.

A critical illness rider, a sub-set of an accelerated death benefit rider, is one of many add - on riders a policyholder can opt to include in a base life insurance policy.