Sentences with phrase «death benefits while»

Term Insurance Rider can be added to Whole Life or Universal Life policies as an affordable way to increase death benefits while still enjoying the benefits of a permanent policy.

We recommend Gerber's «Guaranteed Life» policy to clients seeking $ 5,000 to $ 25,000 death benefits while providing a minimum of health information.

Should you be diagnosed with a terminal illness, this will allow you access to your death benefits while you are still alive so you can pay your medical expenses.

It's added coverage to a life insurance policy that allows you access part of your death benefits while you are alive if you meet the requirements which usually include being diagnosed with a terminal illness with less than 6 months to live.

Some plans allow policyholders in certain circumstances to access their own death benefits while they're still alive, though it can be tricky and costly.

Secure Lifetime GUL 3 ®: Secure Lifetime GUL 3 enables you to maintain guaranteed death benefits while building cash value.

Accelerated death benefits are also known as «living benefits» since you are able to use portions of your policy's death benefit while you are still alive.

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).

If you become seriously ill, Northwestern Mutual's whole life insurance policies give you the option of receiving your death benefit while still alive.

We give you Accidental Death Benefit while we process your application, giving you some peace of mind that you're covered in case of accidental death.

Sometimes, this strategy is accomplished by using supplemental term life insurance to boost the amount of death benefit while the cash value is accruing.

Accelerated death benefits are also known as «living benefits» since you are able to use portions of your policy's death benefit while you are still alive.

Many policies contain a provision that allows a terminally ill person to collect a significant portion of his or her policy's death benefit while still alive.

If you're diagnosed with a terminal illness, this lets you access your death benefit while you're still alive so you can use it to pay for medical expenses.

Some insurance companies may also offer variable universal policies in which the policyholder can alter the premium and death benefit while also investing the cash value in sub-accounts.

Similarly, this is why the employee is only paying the amount of applicable term insurance if they are only receiving access to the death benefit while the employer has access to cash values.

Accelerated death benefits — allows a terminally ill person to collect a significant portion of his or her policy's death benefit while that person is still alive

Many policies contain a provision that allows a terminally ill person to collect a significant portion of his or her policy's death benefit while still alive.

As such, this rider allows you to access 100 % of your death benefit while living.

If you're open and honest on your life insurance application then the worst case scenario if, god forbid, something happen to you within the first two years — is it might just take a few extra weeks to receive your death benefit while they investigate the cause of death and see if you misrepresented anything.

This rider will also allow you access your death benefit while living.

They give you the advantage of having the higher death benefit while still keeping the plan affordable.

Some term life insurance policies will allow you to receive cash from the death benefit while you are still alive.

This will allow you to access some of your death benefit while living if you are diagnosed with a terminal illness that will cause death within 12 months

Also, an insured may also be able to access money from the policy's death benefit while they are still living to help pay expenses if they are diagnosed with a terminal illness and if they are confined to a nursing home.

Protect your loved ones with a life insurance death benefit while potentially building money in your policy called cash value to use during your life.

Accelerated Benefit rider: accelerated death benefit rider that pays out from the death benefit while you are still alive if you are diagnosed terminally ill with 12 months or less to live.

Accelerated death benefits — allows a terminally ill person to collect a significant portion of his or her policy's death benefit while that person is still alive

If you have an accelerated death benefit, referred to as a living benefit rider, you can receive a portion of the death benefit while you are living.

If you're diagnosed with a terminal illness while your life insurance policy is in force, this rider enables you to collect all or part of the death benefit while you're still alive.

If you become critically ill, this rider advances up to 24 % of the death benefit while the insured is still living.

These new policies offer unique riders that allow the insured to use the death benefit while they are still living.

This rider gives you the option to get paid a portion of your policy's death benefit while you are still alive if you are diagnosed with a terminal illness.

Some insurance companies may also offer variable universal policies in which the policyholder can alter the premium and death benefit while also investing the cash value in sub-accounts.

It's important to note that outstanding loans accrue interest and lower the policy death benefit while cancelling a policy may result in surrender charges.

If you're diagnosed with a terminal illness, this lets you access your death benefit while you're still alive so you can use it to pay for medical expenses.

For those who don't know (anyone reading this site is probably pretty knowledgeable on the subject), you can borrow from your policy without touching your credit, earn dividends if it's a participating policy, pay it off in full early, and even receive the full death benefit while still alive if you make it past age 100.

Mutual of Omaha, an A + rated company founded in 1909, offers competitive underwriting for a range of health conditions, including high limits for accelerated death benefits, allowing those who have been diagnosed with terminal illness to access a portion of their policy's death benefit while still alive.

That includes the accelerated death benefit, which lets you access your death benefit while you're still alive, but suffering from a terminal illness, so you can pay for medical expenses.

With this rider, should the insured be diagnosed with a qualifying terminal illness, then he or she can assess funds from the death benefit while they are alive, to pay medical bills or any other item that they see fit.

Accelerated death benefits are also known as «living benefits» since you are able to use portions of your policy's death benefit while you are still alive.

Accelerated Death Benefit: A benefit attached to most term life policies for no additional fee that will pay out a portion of the death benefit while you are still living and diagnosed with a terminal illness, each benefit is different based on the company.

They also offer a couple valuable riders, such as the waiver of premium rider and accidental death benefit rider, as well as the accelerated death benefit rider, which pays up to 50 % of the death benefit while you are still living if a physician diagnoses you with a terminal illness.

Prudential takes it a step further and allows their policyholders to access their death benefit while they're still living if they have a chronic illness, and are confined to a nursing home, with the expectation that they will remain there.

Secure your loved ones» future with a life insurance death benefit while potentially building money to use during your life.

Secure your loved ones» future with a valuable death benefit while potentially building money to use during your life.

Unlike term or whole life, universal policies also let you adjust the size of the death benefit while the policy is in effect.

One type of policy that can be particularly useful in offering a death benefit while also providing for additional financial needs is variable coverage.

Different benefits including accelerated benefits which pay a portion of your death benefit while you are still alive if you are diagnosed terminally ill

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).