Sentences with phrase «enhanced death benefit options»

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 mDeath 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 mdeath 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.