Sentences with phrase «death or disability benefit»

Individuals up to 35 years of age can buy either an accidental death or disability benefit rider, if there are dependents.
Accidental death or disability benefit rider - You can opt for this rider at any time within the premium paying term of the basic plan provided the outstanding premium paying term is at least 5 years.
Death or disability Benefit: If the policyholder dies or suffers disability during the policy term, the nominee shall be paid a lumpsum amount that will be equal to 1.10 or 1.25 of the single premium paid or 5/7/10 times of the annual premium paid depending on the age of the insured and policy term.
Additional Rider available: LIC's Accidental Death or Disability Benefit Rider and LIC's New term Assurance Rider
If the insured has been injured or expires as a result of an accident, this rider provides an additional death or disability benefit to the nominee or the insured.
It has option to add additional accident rider to the base policy which offers accidental death or disability benefit.

Not exact matches

In the event Mr. Block's employment terminates due to his death or disability (as defined in his offer letter), he or his estate will be entitled to receive the following payments and benefits (less applicable tax withholdings), in addition to any other compensation and benefits to which he (or his estate) may be entitled under applicable plans, programs and agreements of the Company:
Medical services, disability benefits, refugee rights — these are all issues with literal life or death consequences where we might expect our politicians to start from the point that all life is sacred.
This Notice does not apply to health information collected or maintained by The Wistar Institute (the «Company») on behalf of the non-health employee benefits that it sponsors, including disability benefits, life insurance, accidental death and dismemberment insurance, and workers» compensation insurance.
If the insured dies while receiving total disability benefits, the policy pays the basic monthly benefit to the owner or owner's estate for up to three months after the insured's death.
3) Bharti AXA Life Premium Waiver Rider (UIN: 130B005V03): Under this rider in case of the unfortunate event of death, Total Permanent Disability or critical illness (in case of Policyholder) and Critical Illness (in case of Life Insured) the future premiums are waived off and the benefits under the policy will continue.
Borrower benefits: RISLA offers its borrowers options like loan forgiveness in the case of death or permanent disability, forbearance for up to 12 months for borrowers who go back to school, and co-signer release after 24 months of on - time payments
Documentation of any benefits received (Social Security, disability, death benefits, pension, public assistance, or adoption assistance, etc..)
You'll still have the same life insurance policy you bought - nothing will change about the term or death benefit - but your premiums will be waived until your disability ends.
If you die while receiving total disability benefits, we will pay the policy's basic monthly benefit to the owner or owner's estate for up to three months after your death.
We'll pay a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.
Section 207 provides this protection from creditors over Social Security payments regardless of why you are receiving those payments, whether the payments relate to retirement, disability, or as a death benefit to the surviving spouse.
death and disability benefits — your from fund may insure you against death, illness or an accident which leaves you unable to return to work.
We'll pay a survivor benefit for three months beyond the date of the insured's death, if the insured dies while disability or recovery benefits are payable.
Reevaluate your death benefit on an ongoing basis — especially as you earn more, change jobs, have a child, get married, get divorced, experience a serious illness or disability, begin caring for an aging parent, have a death in the family, or start a business.
Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.
Some life insurance companies provide Personal accident death benefits as riders but do not provide risk cover for disability (Permanent or temporary) arising out of an accident.
Do not include: — Old Age Security Pension (Canadian), Guaranteed Income Supplement, Allowance or Allowance for the Survivor — War Veterans Allowance or Veterans Disability or Dependents Pension Program — Death Benefits from Canada Pension Plan or Quebec Pension Plan — Canada Child Tax Benefit payments — Assistance payments from a municipal, provincial or Canadian federal government — Support or gifts from relatives, registered charities or other organizations — Municipal tax rebates — Lottery winnings — Inheritances — GST credits or other such payments issued by the Canada Revenue Agency (CRA)-- Universal Child Care Benefit — Registered Disability Savings Plan payments
This provision pays a survivor benefit for three months beyond the date of your death, if you die while disability or recovery benefits are payable.
If your loved one was fatally injured at work, you may also be able to recover permanent total disability as death benefits for a period of time or in a lump sum amount.
[42] In other words, Part 7 (at least so far as it is concerned with benefits following injury, rather than death benefits) has two related objects: to compensate an insured person for a portion of the financial loss accrued from temporary total disability caused by a motor vehicle accident; and, where possible, to do so in a manner that brings about the end of the total disability by returning the injured person to employment or self - sufficiency.
Our attorneys will help you with your claim for medical benefits, income benefits, permanent disability, or, if you have lost a spouse or parent, survivor's death benefits for toxic exposure.
In return, an injured worker (or family member) can file a claim to help with medical costs, disability benefits, lost wages and death benefits, if applicable.
Originating in 1935 after the New Deal, the United States Social Security system is a type of insurance program where employees and their employers contribute an amount per paycheck so that they are guaranteed benefits in retirement when they lose their ability to work due to disability, or after the death of a family member.
Or any occurrence resulting in the need for: • Personal injury lawyers • Wrongful Death lawyers • Brain injury lawyers • Spinal cord injury lawyers • Disability benefit denial lawyers • Chronic pain lawyers
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Under ERISA, plans that provide «through the purchase of insurance or otherwise * * * medical, surgical, or hospital care or benefits, or benefits in the event of sickness, accident, disability, [or] death» are defined as employee welfare benefit plans.
Other riders are available as well for spouses and children, events of disability or critical illness, and additional methods of death benefit payout.
These give you a one - time lump - sum amount along with the term insurance benefit, in the event of an accidental death or an accident leading to permanent disability.
You can also get bonus features like accelerated death benefit (pays 92 percent if your life expectancy is 12 months or less) and a disability waiver, which means you will not have to pay your coverage premiums for the duration of your disability.
For instance, for an American, there may be term insurance, permanent insurance, whole life, universal life, long term care insurance, accidental death, critical illness insurance, disability insurance, variable products, graded and modified, guaranteed premiums, living benefits, return of premium, policies for 5,10,20,30, or for life coverage — all very confusing to a potential customer.
The rider benefits under the contracts of this type usually comprise Accidental Death Benefit, Disability Income Rider, Waiver of Premium and Child Rider allowing you to extend your coverage to your child or children.
Provide your family peace of mind by insuring a TAX FREE benefit to eliminate your entire mortgage debt in the event of your untimely death or unexpected illness or disability.
While life insurance provides a death benefit if the policyholder passes away while the policy is in force, disability insurance provides coverage for ongoing needs if the insured becomes severely ill or injured and can no longer work.
Aegon Life ADDD Rider can be availed under the plan wherein additional benefit is paid in case of accidental death, dismemberment or disability
You'll still have the same life insurance policy you bought - nothing will change about the term or death benefit - but your premiums will be waived until your disability ends.
The policyholder may additionally choose the disability benefit option under which, in case of death or disability of the insured during the tenure of the plan, the aggregate of all future premiums is paid which can be availed immediately in lump sum or can be invested in the fund where it will attract market linked returns.
Provides the benefit of waiver of all future premiums payable under the base Life Insurance Policy on the earlier occurrence of Untimely Death, Accidental Permanent Total Disability or Critical Illness.
The inbuilt benefits are applicable in case of death of the insured wherein an additional Sum Assured is paid in case of Accidental Death, total of the Sum Assured and Fund Value is paid in case of being diagnosed with a Critical Illness under the Critical Illness Benefit and 10 % of the Sum Assured is paid following the year of disability to the end of the term or 10 years whichever is lower in case of ATPD bendeath of the insured wherein an additional Sum Assured is paid in case of Accidental Death, total of the Sum Assured and Fund Value is paid in case of being diagnosed with a Critical Illness under the Critical Illness Benefit and 10 % of the Sum Assured is paid following the year of disability to the end of the term or 10 years whichever is lower in case of ATPD benDeath, total of the Sum Assured and Fund Value is paid in case of being diagnosed with a Critical Illness under the Critical Illness Benefit and 10 % of the Sum Assured is paid following the year of disability to the end of the term or 10 years whichever is lower in case of ATPD bBenefit and 10 % of the Sum Assured is paid following the year of disability to the end of the term or 10 years whichever is lower in case of ATPD benefitbenefit.
Provides the benefit of waiver of all future premiums payable Guarantees security of income to the family on earlier occurrence of untimely death, accidental permanent total disability or critical illness.
Accidental death benefit or injury or temporary disability / permanent disability due to an accident.
This rider guarantees to provide additional benefits in case of the insured person's death, disability or dismemberment caused by some accident.
Other factors which may determine eligibility for both approval and death benefit amount are mobility (use of a cane, walker or wheelchair), current income based on active work (disability isn't considered active income), and need based amounts to cover debts.
Basically, it's a contract between a business and an insurance company, where the insurer will pay for an employee's medical costs, lost wages, permanent disability or death benefits that result from a workplace injury or illness.
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.
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