Accidental
death rider pays additional sum assured over and above the policy sum assured in case the death is due to accident.
The accidental
death rider pays an additional benefit if the policyholder dies in a covered accident.
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.
Another optional
rider allows policyholders to accelerate their
death benefit to help
pay for long - term care expenses.
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 long - term care
rider advances the
death benefit to help
pay for qualified long - term care expenses.
If you buy an accidental
death and dismemberment
rider, decide whether the likelihood of dying accidentally justifies the insurance premiums you must
pay for the policy.
An option /
rider that refunds premiums
paid into an annuity less cumulative income payments made, upon the
death of the annuitant.
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.
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 f
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 f
death of the Life Insured due to an accident subject to the
rider policy being in force.
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.
Accelerated Benefits
rider (terminal illness only):
pays out a portion of the
death benefit for a qualifying terminal illness.
Adding a
paid up additions
rider or
paid - up additional insurance
rider allows you to make additional monthly or annual payments into your policy to increase the
death benefit and cash value.
Many limited
pay policies provide long - term care insurance
rider and will
pay a
death benefit, long term care insurance benefit and cash surrender return of premium.
The accelerated
death benefit
rider pays out a significant portion of the
death benefit in the event the insured is diagnosed with a terminal illness (12 - 24 months to live).
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.
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 - f
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 - f
death of the Life Insured due to an accident subject to the
rider policy being in - force.
This non-linked and regular
pay insurance
rider provides 100 % Sum Assured in case of
death of the Life Insured due to an accident, subject to the
rider policy being in - force.
While a life insurance policy is specifically designed to
pay upon
death, the long - term care
rider will
pay should you become critically ill or injured.
If you have a qualifying terminal illness, the
rider kicks in and your life insurance company will
pay you a lump sum from your
death benefit of anywhere between 25 and 80 percent.
The policy includes an accelerated
death benefit
rider which will
pay you a lump sum if you are diagnosed with a qualifying terminal illness.
The Legalese «A long - term care
rider will accelerate the
death benefit to help
pay for the costs of long - term care services for chronically ill insureds.
Flex
Pay PUA Rider — Paid - up additions riders allow you to pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash val
Pay PUA Rider —
Paid - up additions
riders allow you to
pay additional premium into your policy to purchase additional participating whole life insurance, which increases your death benefit and cash val
pay additional premium into your policy to purchase additional participating whole life insurance, which increases your
death benefit and cash value.
Value Enhancement
Rider: The VER is a whole life insurance
rider that allows you to add additional single or periodic premium payments to your policy to purchase
paid up additions, increasing your
death benefit and cash value.
Death Benefit: For QLACs with return of premium and / or death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments rece
Death Benefit: For QLACs with return of premium and / or
death benefit riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature death, amounting to the difference between the initial premium paid and the cumulative income payments rece
death benefit
riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature
death, amounting to the difference between the initial premium paid and the cumulative income payments rece
death, amounting to the difference between the initial premium
paid and the cumulative income payments received.
An added
rider to some life insurance policies that
pays upon the named insured's
death, but only if that
death is caused by an accident.
Accidental
death benefit will also be
paid (if
rider is opted and on
death due to accident).
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.
The accelerated
death benefit
rider pays a portion of the
death benefit to you (the insured) if you become terminally ill with a short life expectancy.
For DIAs with return of premium and / or
death benefit
riders, beneficiaries will receive any remaining value in the contract in the case of the annuitant's premature
death, amounting to the difference between the initial premium
paid and the cumulative income payments received.
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.
The
rider provides the ability for you to obtain a monthly benefit by accelerating the policy's
death benefit to
pay for qualified long - term care expenses if your are diagnosed with a qualifying chronic illness.
You can include a
paid - up additions
rider in your policy, which allows you to make purchases of
paid - up additional insurance with no proof of insurability, increasing the cash value and
death benefit proportionately.
In the event you become terminally ill, this
rider will allow you to access part or all of the
death benefit cash and use it to
pay for certain expenses like medical care.
For SPIAs with
death benefit
riders, a benefit would be due to a beneficiary if the cumulative income payments made are less than the initial premium
paid.
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.
An accelerated
death benefit
rider lets you use money normally allocated for a
death benefit (the amount a life insurance policy
pays out) before you die.
With an accelerated benefit
rider, though, you can have some or all of the
death benefit
paid out beforehand in the case of terminal illness.
Similarly to a long - term care
rider, the accelerated
death benefit
rider (sometimes called an acceleration of
death benefit
rider) allows you to take money out of your
death benefit in order to
pay for medical expenses.
Riders are modifications to your overall life insurance policy that turn a basic life insurance policy — you
pay premiums and a
death benefit is
paid out if you die — into something that covers more exotic circumstances.
This
rider lets the policy owner take part of the
death benefit to
pay for nursing home care and home health care of the insured person, while still leaving at least a partial
death benefit to the beneficiaries.
In case you are worried about dying from an accident, this
rider will allow you to choose a
death benefit to be
paid on top of the primary coverage resulting from an accidental
death.
LTCAccess
Rider — A great supplement to long term care policy, the LTCAcess
rider allows you to accelerate a portion of your
death benefit so you can
pay for expenses from long term care covered under the
rider, including both home and facility care.
The additional
paid up insurance (API)
rider can also be used to increase the policy's
death benefit and cash value.
Like an accelerated
death benefit
rider, this allows early access to the
death benefit to
pay for long - term care like a nursing home or private nurse.
Some examples include accidental
death benefit, which
pays double the face amount for accidental
deaths, and child term
rider, which adds coverage to the child of the insured.
Riders can be purchased to accelerate your
death benefit and
pay you out for medical expenses if you have a terminal illness but haven't passed away yet.
This case started because Geico refused to
pay the $ 30,000 policy limits for the
death of the
rider.
On the basis of
riders for DHFL Pramerica U Protect and Sahara
Pay Back like accidental
death benefit, critical illness, etc, these plans can be compared.