Sentences with phrase «death rider option»

Accidental Death Benefit Rider: In the case of death by an accident, the sum assured under accidental death rider option shall be paid additionally with the basic sum assured amount of SBI Shubh Nivesh plan.

Not exact matches

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.

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.

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.

An option / rider that refunds premiums paid into an annuity less cumulative income payments made, upon the death of the annuitant.

Option for benefits to continue even after the death of the life insured (when premium waiver rider is opted)

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

Premium Waiver rider (UIN: 130B005V03): 100 % of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.

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.

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.

Taking the case of Metlife Insurance, if you decide to buy their offline term insurance product, Met Suraksha Plus, it will give you an option to add riders like critical illness cover and additional accidental death cover which are available to you at a nominal rate.

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.,)

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.

The term life rider is a fantastic option for young adults just starting out who want to practice infinite banking but don't have the budget and want a sizeable death benefit to protect the family.

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

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.

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.

There are also additional optional benefits and riders, which include a waiver of premium, children's insurance, accidental death benefit, and / or a guaranteed option to purchase additional insurance.

SBLI offers a full suite of whole life insurance policy riders, such as Accelerated Death Benefit, Child Term Rider, Guaranteed Purchase Option and Waiver of Premium.

You can customize your policy with options and riders such as Waiver of Premium, Accidental Death, and Children's Insurance.

You also have the option of adding the Chronic Illness Plus rider, which allows 100 % of the death benefit to be accessed if you qualify.

This life insurance plan provides a death benefit if you should die, as well as tax - deferred growth of your account value, growth linked to a formula based on changes in an equity - index, flexible premium options, a variety of riders and waivers, and two death benefit options.

There is also the option of adding an accelerated death benefit rider to the policy.

Riders Available: Waiver of Premium, Total Disability Waiver, Accelerated Death Benefit, Paid - Up Option

The Chronic Illness rider gives you the option to accelerate a portion of your death benefit early if you are certified by a physician as being unable to perform at least two ADLs or activities of daily living (bathing, continence, dressing, eating, toileting, transferring) or if you require substantial supervision due to severe cognitive impairment.

The Terminal Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed as terminally ill with a life expectancy of one year or less.

This policy is customizable — with rider options such as accidental death benefit, child protection and waiver of premium — and policyholders are given the option to convert up to the age of 65 or before the end of their term.

The accelerated death benefit rider is another option that comes standard with most term policies.

An accelerated death benefit rider of up to $ 250,000 is included at no extra charge and policyholders are given the option to select a specific death benefit protection period for added flexibility.

The Critical Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed with a heart attack, stroke, cancer, renal failure, major organ transplant or ALS.

The face amount options for the accident death rider are identical to the options for the natural death benefit.

Option to Purchase Paid - Up Additions Rider A rider which allows you to increase your death benefit protection and build more cash value.

With this product option, not only are your loved ones protected financially from your death, but with the critical illness rider add - on you would be eligible to receive a portion of the death benefit if you were to be diagnosed with a critical illness, such as Alzheimer's.

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.

Burial insurance often has the option of an accidental death rider, and some companies will write them up to $ 25,000 for a fairly reasonable premium.

MYTH 6: ULIPs do not have health and accident cover Reality: Since ULIPs offer insurance cover along with investment, just like any other insurance plan it too has rider options such as Accidental Death Benefit (ADB), Waiver of Premium (WOP), Family Income Benefit, Hospital Cash Benefit (HCB), etc..

An ideal option for you if you're aiming at ensuring that your families and loved ones have enough financial resources in case of your unforeseen accidental demise is the accidental death rider.

Additional protection options: Many term insurance plans comes with additional cover options in the form of riders such as Critical Illness, Accidental death or disability, Hospital cash etc..

As per your policy T&C and options, you need to duly fill the forms for claims against riders, hospital cash benefit, death benefit, gratuity and group term insurance.

There is an option of adding the Income Benefit Rider wherein, in case of death of the insured, 10 % of the rider Sum Assured will be paid to the beneficiary every year post death till the maturity of the plan in addition to the death benefit payable as above.

If you're concerned about accidental death or you work in a potentially hazardous occupation and can't afford to buy sufficient life insurance coverage, adding this rider may be a more affordable option.

In Oregon, the rider form numbers are as follows: Accidental Death Benefit: 208 - 200; Children's Insurance: 208 - 247; Chronic Care Rider: ICC13 -231-72; Disability Waiver of Premium: 208 - 225; Living Benefits: 206 - 496.27; and Spouse's Paid - Up Insurance Purchase Option: 205 - 375.

Payment Protection Option is an insurance rider available on the Grow - Up ® Plan that will cover premium payments in the event you, the policyowner, can not pay the monthly premium due to disability or death.

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.

Additional options include accelerated benefits, accelerated benefits with critical illness, accidental death benefit, children's term, disability waiver, guaranteed insurability, minimum death benefit and spouse term riders.

In addition to the base term life insurance policy — which will oftentimes cover an individual for $ 50,000 of death benefit coverage — there may be the option to add an Aflac Accidental Death Benefit rdeath benefit coverage — there may be the option to add an Aflac Accidental Death Benefit rDeath Benefit rider.

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.

These additional policy options include children's term insurance rider, waiver of premium rider and accidental death insurance and may be available depending upon the life insurance company's offerings.

This is a life insurance benefit that gives you the option to accelerate some or all of the death benefit in the event that you meet the criteria for a qualifying event described in the rider.

There are also additional optional benefits and riders, which include a waiver of premium, children's insurance, accidental death benefit, and / or a guaranteed option to purchase additional insurance.