Sentences with phrase «early access to death benefits»

Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.

For example, you may want the breadwinner to have more coverage than a stay - at - home spouse, or you may want only one person to have riders that offer extra provisions, like early access to the death benefit.

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.

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.

For example, you may want the breadwinner to have more coverage than a stay - at - home spouse, or you may want only one person to have riders that offer extra provisions, like early access to the death benefit.

It's not «chronic illness» or long term care insurance, but provides early access to your death benefit if you're permanently confined to a convalescent home or terminally ill.

Not exact matches

When Life Happens Riders can help cover you for life's unexpected changes, such as waiving your premiums if you become disabled, or providing access to your death benefit early if you become terminally ill.

Under certain circumstances, you can receive life insurance death benefits early through an accelerated death benefit rider to get access to money early so your family doesn't have to struggle through your final years.

Accelerated Death Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you chDeath Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you chdeath benefit early to use the cash however you benefit early to use the cash however you choose.

When Life Happens Riders can help cover your client for life's unexpected changes, such as waiving their premiums if they become disabled, or provide access to their death benefit early if they become terminally ill.

Allows the policyholder to access the death benefit early in to pay for medical expenses in the case of terminal illness.

This rider will give you access to your death benefit early.

In the event that you are diagnosed with a chronic or terminal illness after the two year graded benefit period, included riders in the policy allow for you to access portions of the death benefits early to help offset additional costs that arise due to your condition.

Older adults might not have their needs fully covered with health insurance, and while some life insurance policies come with riders that let policyholders access the death benefit early in cases of terminal illness, it won't be available to them to cover long - term care services like nursing homes or at - home care.

This life insurance living benefit can give you early access to the policy's death benefit, should you experience a qualifying chronic, critical, or terminal illness such as stroke, cancer, heart attack, or paralysis.

These riders allow you to access part of the proceeds of your policy's death benefit early to help pay for expenses that arise from long - term care needs or a chronic illness.

Loans may be taken out on the value of this policy at a fixed rate.3 Additionally, early access to benefits may be available with the Accelerated Death Benefit Endorsement if the insured should become terminally ill.4

Accelerated Death Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you chDeath Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you Benefit Rider — If you are diagnosed terminally ill with 12 months or less to live you can use the ADB rider to access your death benefit early to use the cash however you chdeath benefit early to use the cash however you benefit early to use the cash however you choose.

When the total return of the policy is calculated using both the death benefit and dividend payments (and especially when coupled with the early access to money through withdrawals) it becomes a net positive for total money paid from the policy.

The rider allows the death benefit to be accessed early if you are diagnosed with a qualifying chronic illness.

Not only will the policy pay a lump sum death benefit to your beneficiary, but the death benefit can also be accessed early due to terminal illness.

Living Needs Benefits: This rider allows you to access your death benefit earlier if you suffer from one of the qualifying events such as terminal illness, or a vital organ transplant as described in the rider's policy.