Sentences with phrase «die death benefit»

If you pay your premiums and you die the death benefit will be paid to your beneficiaries.

With the Survivorship Plus Select Indexed Universal Life there is cost - effective permanent second - to - die death benefit protection, as well as the potential for strong policy cash value accumulation potential.

Not exact matches

If an employee dies, it pays death benefits to the heirs.

When it is time for either college or retirement, the policy holder can borrow money from the cash value and pay it back with the death benefit when they die.

Behold in awe the death benefits Google provides an employee's family in the event he or she dies while working at the company.

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

A death benefit is paid to your heirs only if you die before the term expires.

Such policies also pay out a death benefit to your heirs when you die, but they are far more expensive than term life.

For instance, if your spouse died, you'll want to locate a will, if there is one, and obtain a death certificate so that you can begin the process of claiming any life - insurance death benefits and other possible benefits.

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.

However, the policy only pays a death benefit if you die due to a covered accident, such as a plane crash or sudden fall.

Finally, if you die before the loan is paid back, the loan amount will be deducted from the death benefit your beneficiaries receive.

They also have a death benefit, meaning that if you die before you started receiving payments, your beneficiary can receive a specified amount.

In the event that you die with policy loans outstanding, your insurance company will deduct the unpaid amount plus any accumulated interest from your death benefit.

When a police officer or firefighter dies in the line of duty, the family is entitled to a federal death benefit, but some families wait years for their application to process.

This provision states that no death benefit will be paid if you die as a result of your dangerous career or hobby (e.g., skydiving).

In addition, some mortgage protection policies will only pay a death benefit if you die from an accident, similar to accidental death insurance.

If you were to die before paying back your policy loan, the loan balance plus interest accrued is taken out of the death benefit given to your beneficiaries.

If you die within the term, your beneficiaries receive the death benefit amount to help replace your income.

If you die, but not because of an accident (e.g. cancer), within the first two years, the death benefit will not be paid out, however, all your paid premiums plus a little interest will be paid to your beneficiaries.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

If you die by any means after the first two years, the full death benefit amount will be paid to your beneficiaries.

A death benefit is a payment that the insurance company will make to your beneficiary if you die.

One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.

First To Die - Pays a death benefit when you or your spouse dies, whichever comes first.

Second To Die - Pays the death benefit when both you and your spouse have passed away.

Should you die at age 40, your beneficiaries receive the $ 100,000 death benefit.

If you die during these years, the term policy is there to provide a lump sum death benefit to your survivors.

If you die during the term, the death benefit can help pay off the mortgage.

If one of the partners dies, the death benefit can provide the necessary buyout funds.

Early Death: If Jones dies early, the annuity pays her nothing unless she purchased a death benefit, which would reduce the annuity payDeath: If Jones dies early, the annuity pays her nothing unless she purchased a death benefit, which would reduce the annuity paydeath benefit, which would reduce the annuity payment.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

That means, if you were to die before the end of the term, your beneficiaries would receive the death benefit.

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

A term life insurance policy offers coverage for a specified period of time, meaning that if you die during the term of the policy the beneficiary will receive the specified payout (also known as the death benefit or face value of the policy).

What you receive from your inherited annuity depends on whether it's the owner or annuitant who died and which death benefit the owner elected.

However, when a shareholder dies and the death benefit is paid to a C corporation, the corporation's exposure to the alternative minimum tax (AMT) is increased to the extent that the death benefit exceeds the corporation's basis in the policy.

Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...

Before dying, the living subject will imagine that somebody benefits from his death, and will be reimbursed by the knowledge that his death is significant in some fashion or other.

Espada said that severance payment is not something he has pocketed, as he says Cuomo implied, but rather, a death benefit that his family would receive if he died.

On June 27, 2002, President Bush has signed a bill allowing death benefits to be paid to domestic partners of firefighters and police officers who die in the line of duty, permanently extending a federal death benefit to same - sex couples for the first time.

The last benefit death figures in 2012 showed 80 people had died within six weeks of being told they could move towards finding work.

What made this study so remarkable, was that not only did cancer cells die off in greater abundance when IGF - 1 levels were lowered through diet, but that the cell death benefits were nulled when the researchers put back the IGF - 1 into the blood and re dripped it on the cell line.

If you die in a vehicular accident while wearing a seat belt, the insurer pays an additional death benefit.

Even before you claim the death benefit, you'll need to prove that the insurer has actually died.

If the policyholder dies early in the contract lifetime the insurance carrier must finance most of the death benefit.

When the policyholder dies, it's frequently the burden of the beneficiary to provide proof of death and file a claim for the death benefit.

Naturally, a policy buyer would prefer the insured to be elderly, in poor health, with a policy that has low cash value and a high death benefit, because all of these factors might increase the buyer's yield - to - maturity on the policy when you die.

If you have a life insurance policy, and you've been keeping up with your premiums, your insurer will pay out a death benefit when you die.