Sentences with phrase «death rider as»

Since your work involves physical risk, purchase an accidental death rider as well.

Not exact matches

«The type of hidden fees annuity investors should pay attention to are separate account [investment funds] expense ratios; back - end sales charges; annual administration fees; mortality and expense costs; any rider fees, such as guaranteed income rider, death benefit riders [and] principal protection riders, to name a few,» says financial planner Joseph Carbone of Focus Planning Group.

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;

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

This is why we would typically recommend accidental death and dismemberment insurance as a supplement or rider to traditional life insurance, but not as a standalone policy.

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 — also known as a Terminal Illness Death Benefit Rider — is included in your policy at no charge.

As a surviving spouse, you can take ownership of the annuity, including any riders and death benefits within 1 year of your spouse's death.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

Olive faces her past as several horse jockeys are trampled to death by a rider she once defeated in a race.

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

We want to provide you the freedom to shop around and compare monthly costs to different policy options such as the death benefit, optional riders, and length of the contract.

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.

2) Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an acciDeath Benefit Rider (UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an accideath due to an accident.

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 to death benefit if you are diagnosed as terminally ill with less than 12 months to live.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as rRiders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as ridersriders.

Absolute return is 13 % as per ICICI but I am not happy with returns but stayed with it because of 5 lakhs life insurance + 5 lakh accident death & disability rider.

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.

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.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

Term insurance with ADB rider: If death happens due to an accident, basic sum assured + sum assured selected under ADB rider, both put together will be paid as claim amount to the nominee.

As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)

While these other types do offer a death benefit that can be guaranteed by a rider in many cases, they primarily FOCUS on cash value accumulation within the policy that varies as follows:

The Company's LTC rider allows access to the policy's death benefit to cover costs associated with long - term care services due to chronic illness or severe cognitive impairment, such as Alzheimer's Disease.

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.

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.

Riders — Riders are options that can be added to a variable annuity, such as lifetime income, withdrawals, or death benefits.

Also, don't buy riders such as Accidental Death or Waiver of Premium on any life insurance policies.

Just like the guaranteed death benefit, the living benefit rider causes the variable annuity to morph into a different type of investment or what is commonly referred to as an immediate annuity.

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.

Insurance companies have attempted to deal with these issues by adding riders such as guaranteed death benefit.

The face value does not always equal the death benefit, particularly when you are dealing with permanent coverage, such as whole life insurance, that has accompanying riders such as PUA riders and term riders and also has life insurance dividends that can increase the death benefit.

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.

Though Haven Life's set of riders is somewhat limited, they have all the standards you'd expect from an insurer, such as an accelerated death benefit rider and waiver of premium rider.

This is a fairly unique rider as it gives your spouse the ability to purchase single premium whole life insurance upon your death without demonstrating insurability.

This kind of insurance can be purchased as a rider on a life insurance policy, often to increase the death benefit, or as a standalone policy.

Transamerica's accidental death coverage can be bought as a standalone policy or as a rider to an existing policy.

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.

Return of Premium and Waiver of Premium riders can be added to the policy, as well as Dependent Child and Accidental Death.

It's also known as a type of living benefit rider because, as opposed to a death benefit — which gets paid out upon your death — the benefit is paid while you're still living.

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.

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.

As a secondary focus, sometimes a term life policy rider is added to a policy to add death benefit, rather than adding it to the whole life policy at the expense of cash value accumulation.

Policies can be customized with riders such as children's term rider, accidental death benefit, disability waiver of premium and more to suit your individual needs.

The life insurance companies also offer solutions such as chronic illness riders AND long term care riders, which allow a portion of the policy death benefit to be used for long term care costs while also preserving a portion of the death benefit coverage.

footnote * Before making the decision to switch to another annuity, including the Vanguard Variable Annuity, you should consider all costs — such as annual maintenance fees, surrender charges, fees for optional riders, and death benefits — as well as the financial strength of the insurance carrier.

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