Sentences with phrase «death riders ensure»

Not exact matches

Alternatively, you may want to add a no lapse guarantee rider to your policy for whatever length you MUST have the policy in force, to ensure the premiums and the death benefit stays level for that period.

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.

While you'll pay more for coverage, a spouse rider ensures that if your spouse dies you'll receive a death benefit just like your beneficiaries would if you die.

Accidental Death Benefit One of the ways that you can ensure that your family is taken care of in the event of an accident is to add an accidental death rider to your poDeath Benefit One of the ways that you can ensure that your family is taken care of in the event of an accident is to add an accidental death rider to your podeath rider to your policy.

«The main reason for purchasing a rider should be to ensure that the bread winner is protected against any health or unexpected eventuality, apart from untimely death,» says Amit Kumar Roy, chief distribution officer, Aegon Religare Life Insurance.

Additional benefit riders should your health status change: With the Accelerated Death Benefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or herDeath Benefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or herdeath benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days due to a loss of functional capacity, or has a severe cognitive impairment, requiring substantial supervision to ensure the health and safety of him or herself.

• It is an insurance policy cum a long term investment plan with guaranteed returns • It ensures regular income and long term savings • It provides income Tax benefits • It is less risky • Death benefits are available with this plan • A number of riders are also available with this plan

Also ensure you submit the documents in line with the kind of life insurance claim being made — death, maturity, or rider.

By opting for this rider, you will ensure an additional sum of money for your family in case of accidental death.

Adding a rider like the accidental death benefit rider to your traditional life insurance policy ensures that your family will be protected no matter how you pass away.

An investigation will be done to ensure that your «death» qualifies for the accidental death benefit rider.

The rider will ensure that you to get waiver of all future premiums in case of Death, Disease or Dismemberment.

However, when you purchase an accidental death rider, you are ensuring that the nominee is paid an additional sum apart from the sum assured in the event of death or permanent disability due to an accident.

This rider ensures additional financial benefits to the nominee in case of death of the insured arising from an accident.