Sentences with phrase «disability rider on»

One other factor to consider are disability riders on life insurance policies.

Not exact matches

The company and its ride - sharing competitors have been stepping up its efforts to pressure Albany into acting on this issue, receiving some pushback from traditional cab companies who say they want an even playing field for all drivers and disability advocates who worry about access for all riders.

The Topic Guide Series on ADA Transportation provides ADA technical assistance for transit agencies, public transit riders, and disability advocates.

A Series of Topic Guides Providing Technical Assistance for Transit Agencies, Riders and Advocates on the Americans with Disabilities Act (ADA) and Transportation

For example, a disability income rider waives your insurance premium and will provide your family with a supplementary income, based on the total amount of your coverage.

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.

The return of premium rider, available for return of premium life insurance policies, and also on certain long - term care policies, disability insurance, etc., will return all of your premiums paid over the life of your policy should the term come to an end or should you wish to surrender the policy.

It's like a long - term disability insurance policy, but instead of just buying a separate long - term disability policy, it's a rider on your life insurance policy.

The disability income rider allows you to have your premium payments waived and grants you a supplementary income — usually based on the value of your policy — if you become disabled.

The coverage on these plans can range from $ 100,000 up to $ 5 million, and policyholders may also choose to add an optional disability waiver of premium rider.

On a life insurance policy, the rider can be waiver of premium, guaranteed insurability, disability income, accidental and accelerated death benefit.

On a positive note, adding additional coverage with a rider is often an affordable alternative to a separate disability income insurance policy.

While not standard on many policies, a disability income rider can supplement long - term disability or critical illness insurance by providing cash payments in the event you become disabled.

The us of a disability income rider can alleviate the financial worries so the insured can focus on healing

My child was born with a disability that would have made her uninsurable had I not had a children's term rider on my policy through State farm.

Depending on the rider terms, the disability may need to be related to an accident or it could be the result of an illness.

Disability waiver of premium riders typically cost $ 10 to $ 20 per month extra on top of your regular premium.

It's like a long - term disability insurance policy, but instead of just buying a separate long - term disability policy, it's a rider on your life insurance policy.

There are some extra features, called riders, you can add on to a supplemental disability insurance policy.

If you can't afford or qualify for a standalone LTD policy, a disability income rider on your life insurance policy is the next best thing.

In this case, for a small addition to your monthly premium, a student loan disability rider adds on coverage to the benefit amount that goes toward student loan payments.

Disability insurance carriers may make some features standard on their policies, while other riders may have an additional cost on top of the policy's base premium.

You might even have the option of purchasing a disability income rider on a new life insurance policy outside of what your employer offers.

Besides this, the plan provides add - on benefits as riders like accidental death benefits and accidental total and permanent disability rider.

The Waiver Of Premium For Disability Rider must be included on the policy to add this rider.

Waiver of Monthly Deduction for Disability must be included on both insureds to add this rider.

With a disability income rider, you're killing two birds with one stone: you're buying a life insurance policy with disability insurance added on.

Accidental Disability rider offers an immediate lump sum payment on occurrence of any disability due to anDisability rider offers an immediate lump sum payment on occurrence of any disability due to andisability due to an accident.

Add - on benefit as an accidental death benefit and disability rider is provided by the policy.

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.

The Bajaj Allianz Young Assure plan provides add - on benefits like accidental permanent total disability rider.

Waiver of monthly deduction - An optional life insurance policy rider that waives the monthly Cost of Insurance charges on a universal life or variable universal life policy for the length of a qualified disability as outlined in the policy contract.

The Waiver of Premium rider exists to make sure that if you are ever in a position of temporary or permanent disability that after a certain waiting period, you will no longer have to make premium payments on your policy.

If the basic protection is what you are looking for, then you may opt for the disability / accidental death riders which you can buy as an add on to your Life Insurance cover.

For e.g. if the policyholder takes a disability rider, he will receive the rider benefit on the pre-specified disability.

Waiver of Specified Premium - An optional life insurance policy rider that waives a specified premium on a traditional product for the length of a qualified disability as outlined in the policy

Riders can also provide a retirement savings benefit, which is important because you're unable to contribute to your 401k when out on disability.

There is an age limitation on a disability waiver of premium rider which is usually around 60 or 65 years.

This is without any additional riders (add - ons) such as Accidental Death, Disability, Critical Illness, etc..

Riders are additional benefits you can get on events like accidents, disability and critical illnesses.

The final benefit of our indexed universal life insurance pros and cons list is one that is actually an additional life insurance rider on most policies — the disability rider.

Definition of Waiver of Premium: With the Waiver of Premium rider, the idea is that your premiums will be waived (or paid on your behalf) if you were to come down with a serious illness or disability.

Life Assured himself in case of policy on own life for living benefit claims (Critical Illness rider, Total Permanent Disability, Health Care claims).

This rider coverage automatically terminates on the policy anniversary when you attain age 60, unless disability occurs prior to that time.

This rider coverage automatically terminates on the policy anniversary when you reach age 60, unless disability occurs prior to that time.

Were we to discuss all the various riders available on all the different disability insurance companies» policies, this article would double in size.

Some disability income riders pay out only if you became disabled from an accident, while others pay on accident or sickness, says Al Lurty, senior vice president of ING's U.S. insurance operations.

After the roll out of new breed of Rider benefits, now the «Waiver of Premium» rider not only provides the benefit of waiver of all life insurance future premiums on the earlier occurrence of untimely death or accidental permanent total disability, but also waives of premium on the first diagnosis of a Critical Illness.

For example, if you should become totally disabled and that disability continues for at least six months, this rider would offer you additional protection on your policy.

Available on a few life insurance policies, this is one of the disability riders for term insurance that will pay the policy owner a monthly income should whoever is insured under the rider be unable to work due to sickness or injury.