Sentences with phrase «death benefit rider if»

Therefore, do not make a haste of opting for the accidental death benefit rider if you do not fall in the above - mentioned category.

Not exact matches

The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is ebenefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is eBenefit) rider is elected.

Banner Life's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or less.

Your policy's beneficiary will receive an increased death benefit with this rider, if you would die due to an accident.

The restoration of benefits rider restores the death benefit if the contract makes long - term care payments.

The accidental death rider pays an additional benefit if the policyholder dies in a covered accident.

This rider allows you to receive a portion of your policy's death benefit while you're still alive if you've been diagnosed with a terminal illness (meaning less than 12 months to live).

The accelerated death benefit rider (included at no extra cost) allows you to receive a portion of the death benefit if you're diagnosed with a terminal illness.

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.

This rider enables you to receive a lump sum portion of your death benefit to help pay expenses if you become terminally ill or need to live in a nursing home.

If your policy has an accelerated death benefit rider, a portion of the proceeds can be accessed if you become terminally ill or confined to a nursing homIf your policy has an accelerated death benefit rider, a portion of the proceeds can be accessed if you become terminally ill or confined to a nursing homif you become terminally ill or confined to a nursing home.

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.

Accelerated Death Benefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months to Death Benefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months tBenefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months to death benefit if you are diagnosed as terminally ill with less than 12 months tbenefit if you are diagnosed as terminally ill with less than 12 months to live.

This rider would allow you to receive up to $ 400,000 or 25 % of your policy's death benefit (whichever is less) if you contracted a terminal or chronic illness.

So, in keeping with the previous example, if you do happen to have seven children, you do not need to purchase seven riders, the one will cover each of them with a $ 10,000 death benefit.

If you have a qualifying terminal illness, the rider kicks in and your life insurance company will pay you a lump sum from your death benefit of anywhere between 25 and 80 percent.

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.

The accelerated death benefit rider comes in handy if you are diagnosed with a terminal illness and, depending on the policy, have less than one to two years to live.

It basically acts as a chronic illness rider, allowing you to tap into your policy's death benefit if you are diagnosed with a qualifying chronic illness.

Accelerated Death Benefit Riders — allows access to a percentage of your death benefit or if you have an eligible terminal illness or chronic illDeath Benefit Riders — allows access to a percentage of your death benefit or if you have an eligible terminal illness or chronic iBenefit Riders — allows access to a percentage of your death benefit or if you have an eligible terminal illness or chronic illdeath benefit or if you have an eligible terminal illness or chronic ibenefit or if you have an eligible terminal illness or chronic illness.

An accelerated death benefit rider simply gives you the option to receive a portion of the death benefit early if you're diagnosed with a qualifying illness.

The policy includes an accelerated death benefit rider which will pay you a lump sum if you are diagnosed with a qualifying terminal illness.

If you're thinking about a long - term care rider, just remember that they're taking the money out of your death benefit.

A child rider provides a death benefit if one of your children passes away.

Accidental death benefit will also be paid (if rider is opted and on death due to accident).

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.

The accelerated death benefit rider pays a portion of the death benefit to you (the insured) if you become terminally ill with a short life expectancy.

If your term policy allows you to convert you can choose to option your rider and convert all or a portion of your death benefit to permanent life insurance.

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.

If you are diagnosed as terminally ill with 12 months to live, the rider will allow you to access your death benefit payout in advance.

The accidental death benefit rider (called a double indemnity rider) increases the death benefit, if you die as the result of an accident.

The ADB rider allows the owner to access a portion of the death benefit if the insured is diagnosed terminally ill.

However, the basic explanation of an AD&D rider is that if you die as a result of an accident, the life insurance company will double the original death benefit of your policy.

They also offer an accelerated death benefit rider that enables you to receive at least some of your insurance proceeds while you are still alive, and if you are diagnosed with a terminal illness.

An accident death benefit rider pays out an additional death benefit to the beneficiary (that's above the current benefit limit of the policy) if you should die as a result of an accident.

If the riders are used, they will reduce the approved death benefit.

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.

Banner Life's term policy includes an accelerated death benefit rider and allows an individual to cash out up to 75 percent of the death benefit if you are diagnosed with a life expectancy of twelve months or less.

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.

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 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.

Additionally, American General offers an accelerated death benefit rider that enables you to receive at least some of your insurance proceeds while you are still alive if you are diagnosed with a terminal illness.

The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (GLWB) rider is elected.

Riders are modifications to your overall life insurance policy that turn a basic life insurance policy — you pay premiums and a death benefit is paid out if you die — into something that covers more exotic circumstances.

The policy can also include a terminal illness rider, which allows the insured to receive a portion of the policy's death benefits if he or she becomes terminally ill.

The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is ebenefit rider or Secure Income (Guaranteed Lifetime Withdrawal Benefit) rider is eBenefit) rider is elected.

If you are diagnosed with a chronic illness or severe cognitive impairment (Alzheimer's, Dementia), the rider allows you to accelerate a portion of your death benefit to be used either as reimbursement or cash indemnity.

With a chronic illness rider, if you qualify for the benefit, you can access a portion of your death benefit in advance.

Chronic Illness and Terminal Illness Riders: you can receive an early portion of your death benefit if you are diagnosed with a qualifying chronic or terminal illness.

Accelerated Death Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you chDeath Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you chdeath benefit early to use the cash however you benefit early to use the cash however you choose.