Because annuities are insurance products, there are often
enhanced death benefit options that can be added to the contract, complicating the tax liability for beneficiaries.
Not exact matches
For maximum whole life insurance cash value growth, choosing the paid - up additions
option, which purchases additional paid - up insurance, will further
enhance your policy's cash value and grow your
death benefit.
In addition, an optional
enhanced death benefit is also available if the annuity owner selects the life income
option with a protected period at the time of policy issue.
A PerspectiveSM variable annuity includes a standard
death benefit and the
option to choose one of our
enhanced benefits that for an additonal fee offers the potential to increase the amount of money you provide when the time comes.
Accidental
Death Benefit Rider can be availed under the plan for a more
enhanced coverage
option.
For maximum whole life insurance cash value growth, choosing the paid - up additions
option, which purchases additional paid - up insurance, will further
enhance your policy's cash value and grow your
death benefit.
Several popular
options include:
enhanced disability
benefit, accidental
death benefit, living needs
benefit or children level term rider.
Option 4 - «
Enhanced sum assured on
Death» as lump sum benefit on death and monthly income for next 10
Death» as lump sum
benefit on
death and monthly income for next 10
death and monthly income for next 10 years
In addition, an optional
enhanced death benefit is also available if the annuity owner selects the life income
option with a protected period at the time of policy issue.
In this post let us understand about — Key features of iProtect Smart plan, details about various plan
options, information on accidental
death benefit & Critical illness
benefit,
death benefit payment
options,
enhanced protection at key life stages (like marriage, child birth etc.,) and review on iprotect smart insurance plan.
Several policy riders are available: The Enrichment Rider (
option to add more coverage and cash value over time as you need it); Accident
Death Benefit (additional payment for a death as the result of an accident); Child Term Rider (coverage added for your children); Enhanced Care (cash value available for prolonged illness with access to up to 90 percent of the policy value); Flex Term Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or m
Death Benefit (additional payment for a
death as the result of an accident); Child Term Rider (coverage added for your children); Enhanced Care (cash value available for prolonged illness with access to up to 90 percent of the policy value); Flex Term Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or m
death as the result of an accident); Child Term Rider (coverage added for your children);
Enhanced Care (cash value available for prolonged illness with access to up to 90 percent of the policy value); Flex Term Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or more).
Maturity
Benefit Options (a)
Enhanced Cash
Option: · Sum Assured + Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) + ·
Enhanced Terminal Bonus OR (b)
Enhanced Cover
Option: · Sum Assured + Reversionary Bonus + Interim Bonus (if any) + Terminal Bonus (if any) · And Additional Sum Assured payable on
death of Life Assured upto the age of 99 Years.