Sentences with phrase «death benefit rider for»

Accelerated Death Benefit: Columbus Life offer a superb Accelerated Death Benefit rider for no charge.

For e.g. if you buy a term plan that assures you a sum of Rs. 90 lacs, and an accidental death benefit rider for 20 lac, then incase the policyholders dies in an accident, the family receives both the amounts.

Note: Some life insurance companies do not offer the accidental death benefit rider for online term insurance policies.

For a $ 250,000 policy for a 40 year old male, an Accidental Death Benefit rider for an additional $ 250,000 of coverage in case of accident (for a total of $ 500,000) would cost between $ 150 - $ 250 depending on which life insurance company you choose.

Not exact matches

The consumer will incur a surrender charge, be subject to the commencement of a new surrender period, lose existing benefits (such as a higher crediting guarantee than is currently available, as well as death, living or other contractual benefits), or be subject to increased fees, investment advisory fees or charges for riders and similar product enhancements;

The consumer will incur a surrender charge, be subject to the commencement of a new surrender period, lose existing benefits (such as death, living or other contractual benefits), or be subject to increased fees, investment advisory fees or charges for riders and similar product enhancements;

This rider provides a $ 10,000 death benefit for all of your children under age 18.

Another optional rider allows policyholders to accelerate their death benefit to help pay for long - term care expenses.

Examples include lifetime guaranteed income riders, critical illness riders, riders that pay for care in event of two of six activities of daily living, and guaranteed rollup death benefits.

Make comparisons of premium costs for many different policy variations such as the death benefits amount, and optional riders.

The long - term care rider advances the death benefit to help pay for qualified long - term care expenses.

Death benefit riders typically offer a guaranteed annual yield that contractually grows for a specific period or until your passing.

Option for benefits to continue even after the death of the life insured (when premium waiver rider is opted)

When Life Happens Riders can help cover you for life's unexpected changes, such as waiving your premiums if you become disabled, or providing access to your death benefit early if you become terminally ill.

In addition, he was able to supplement his whole life policy with a convertible term life insurance rider that significantly increased his death benefit for very little additional cost.

Accelerated Benefits rider (terminal illness only): pays out a portion of the death benefit for a qualifying terminal illness.

Do not charge fees except for extra benefits such as lifetime income riders and death benefit riders.

The business value protection rider allows owners to increase the death benefit as the value of the business increases, which may be suitable for buy - sell agreements and key person insurance.

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

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).

The long - term care rider allows you the ability to access funds from the policy's death benefit for qualifying long - term care services.

The Legalese «A long - term care rider will accelerate the death benefit to help pay for the costs of long - term care services for chronically ill insureds.

Death Benefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments receDeath Benefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments reBenefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments recedeath benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments rebenefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments recedeath, amounting to the difference between the initial premium paid and the cumulative income payments received.

Here's a quick summary: Acceleration of Death Benefit Riders are designed for terminal illnesses.

Optional riders like Accidental death benefit rider and Additional cover for 34 Critical Illnesses are available.

While you can get coverage for this scenario through an additional insured rider, you may need a joint life insurance policy if the maximum death benefit for a rider isn't large enough.

For example, you may want the breadwinner to have more coverage than a stay - at - home spouse, or you may want only one person to have riders that offer extra provisions, like early access to the death benefit.

For DIAs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments received.

Many people are choosing this type of life insurance with long - term care rider because it provides coverage for LTC and a lump sum death benefit.

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.

The term life rider is a fantastic option for young adults just starting out who want to practice infinite banking but don't have the budget and want a sizeable death benefit to protect the family.

The rider provides the ability for you to obtain a monthly benefit by accelerating the policy's death benefit to pay for qualified long - term care expenses if your are diagnosed with a qualifying chronic illness.

This rider provides a $ 10,000 death benefit for all of your children under age 18.

Jackson AscenderPlus Select offers traditional fixed annuity benefits, such as guaranteed minimum interest, death benefits, and flexible retirement income options including LifePay ®, an optional income rider available for an additional charge.

A simplistic example of how the rider could be used might be as follows: A 50 - year - old male purchases a whole life policy with a yearly base premium of $ 4,000 dollars for a $ 200,000 death benefit.

When performing variable annuity comparison at this phase, the rider for living and death benefit no doubt has a profound impact in how much account money they have to retire on.

But with that being said I do see ur point of being farsighted and the advantages of lower premiums when starting early.Thank you for pointing out the aspect of the accident cover my term cover also has a rider (clause) with a nominal additional premium for disability and death benefits due to accident.

One of the most unique riders Primerica offers is an increasing benefit rider, which allows you to increase the death benefit of your policy up to 10 % per year for 10 years.

If you are diagnosed with a terminal illness, for example, an accelerated death benefit rider allows you to collect some or all of your death benefits right away.

In the event you become terminally ill, this rider will allow you to access part or all of the death benefit cash and use it to pay for certain expenses like medical care.

For SPIAs with death benefit riders, a benefit would be due to a beneficiary if the cumulative income payments made are less than the initial premium paid.

The twin benefits available on this rider are sum assured that is payable on the death of the policyholder and a monthly income for ten years.

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.

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.

An accelerated death benefit rider lets you use money normally allocated for a death benefit (the amount a life insurance policy pays out) before you die.

The riders are designed to meet specific needs such as protecting principal, providing a guaranteed level of income for life, or offering a more robust death benefit.

Similarly to a long - term care rider, the accelerated death benefit rider (sometimes called an acceleration of death benefit rider) allows you to take money out of your death benefit in order to pay for medical expenses.

This rider lets the policy owner take part of the death benefit to pay for nursing home care and home health care of the insured person, while still leaving at least a partial death benefit to the beneficiaries.

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.

LTCAccess Rider — A great supplement to long term care policy, the LTCAcess rider allows you to accelerate a portion of your death benefit so you can pay for expenses from long term care covered under the rider, including both home and facility care.