Sentences with phrase «death benefit rider attached»

Not exact matches

Some deferred annuities offer attached benefit riders that contractually provide an annual death benefit growth amount while you are still alive.

Also, there is an accelerated death benefit rider that is attached automatically to all Rapid Decision Final Expense policies where approved.

You can also attach a single premium paid up additions rider to the policy to increase the death benefit and cash value.

When you buy a term or whole life insurance policy with the appropriate living benefits rider attached you will be able to choose how much of your policy will be accessible prior to your death and under what circumstances.

One of the more beneficial riders you can have attached to your policy is the accelerated death benefit rider, which aids the primary insured while they're still -LSB-...]

As a rider you can attach to a life insurance policy, the Guaranteed Insurability option allows you to increase the coverage amount on specific dates or to choose an entirely new policy based on your original life insurance health rate class.You will be limited on how much you can get, but typically the maximum amount will be twice your original death benefit, up to $ 125,000.

Annuities can also contractually solve for a guaranteed death benefit by attaching a contractual death benefit rider (i.e. attached benefit) at the time of application.

Annuity death benefit strategies primarily involve riders that you can attach to the policy at the time of application that guarantees an annual percentage yield that can be used to leave money to your heirs.

Guaranteed Insurability Rider DEFINITION: an optional rider attached to permanent life insurance policies that allows the owner to elect to purchase additional life insurance death benefit coverage periodically at certain attained ages, or alternatively, upon certain special occasions such as marriage and the birth of a child.

Typically, life insurance policies only pay a death benefit and annuities only pay living benefits, however riders attached to either can allow for living benefits in life insurance policies and can add death benefits to annuities.

Life insurance is still the best legacy product on the planet, but if you can't qualify for that product, then annuities with an attached death benefit rider are good solutions.

Life insurance companies also offer the waiver of premium rider as well as the accidental death benefit riders which you can attach to these policies.

Riders can be attached to the base policy by payment of additional premium called Rider Premium over & above the premium paid to secure the death benefit.

It has an option to attach accidental death benefit rider.

Several riders such as accidental death benefit, critical illness rider, income benefits, and disability rider can be attached to your policy.

Although you will need to pay a higher premium for having the rider attached to your whole life policy, it can provide you with the peace of mind that the death benefit will be doubled for accidental death.

Accidental Death and Disability Benefit Rider is available with this plan as rider which can attached with Jeevan Pragati plan (838) to make more essential plan in case of an accident or disability during the policy term.