Sentences with phrase «death rider benefit»

Accidental Death Benefit: In case of an accidental death of the life assured, the nominee will receive the basic plan coverage plus the accidental death rider benefit.

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.

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.

However, these days only a handful of insurers offer LTC insurance, so another option may be life insurance with an LTC rider, which allows families to tap into the benefits they would receive upon the policyholder's death while he or she is alive and requires care.

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;

Most term policies also automatically include an accelerated death benefit rider at no charge.

You can customize a policy by its death benefit amount, term length, and with riders.

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

A death benefit rider can cost up to 50 % of the value of your account value.

An accelerated death benefit rider allows the policyowner to receive a portion of the death benefit early when the insured individual is diagnosed with a terminal illness resulting in a decreased life expectancy.

Most of the life insurance companies Quotacy works with include the accelerated death benefit rider automatically on their life insurance products.

Many individuals have an accelerated death benefit rider included in their policy and don't even know about it.

One of these riders we're going to discuss today is called an accelerated death benefit rider.

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.

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.

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.

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

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.

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.

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

Take your time to compare how different death benefit amounts, policy features, and riders may influence your monthly premium rate.

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.

Some deferred annuities offer attached benefit riders that contractually provide an annual death benefit growth amount while you are still alive.

When you purchase an accidental death and dismemberment rider, read all the fine print and confirm that what is written reflects your understanding of the payment terms, death benefits, and what is both included and excluded from your coverage.

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

The additional term coverage rider provides a twenty - year term policy equal to the target death benefit.

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.

The Rider Sum Assured in addition to the Death Benefit under the Base Policy will be paid to the nominee and the rider will cease to exist.

All contract guarantees, including optional living and death benefit riders and annuity payout rates, are backed by the claims - paying ability and financial strength of issuing insurance company.

A family income benefit rider provides steady income to beneficiaries to cover monthly costs beyond the lump - sum death benefit in the event the insured dies prematurely,.

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).

Bharti AXA Life Accidental Death Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fDeath Benefit Rider (UIN: 130B008V01): This is a non-linked and regular pay rider that provides 100 % Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in fdeath of the Life Insured due to an accident subject to the rider policy being in force.

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.

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.

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.

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.

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.

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.

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 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.

Ask about getting an accelerated death benefit rider added onto your policy.

Besides the conversion option, you can also benefit from an accelerated death benefit rider, waiver of premium rider and child term rider.

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.