Sentences with phrase «face value death»

This rider doubles the face value death benefit of your policy in the event that your death is the result of an accident.
Like variable life, you decide the investment in mutual funds, though there are no guarantees on these policies beyond the original face value death benefit.
It strongly implies behind the wierd wording that this is the pot of cash that funds the eventual Face Value death benefit if NOT surrendered.
This rider doubles the face value death benefit of your policy in the event that your death is the result of an accident.

Not exact matches

In the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in order.
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).
The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.
When the thief on the cross says, «Jesus, remember me when you come into your kingdom» (Luke 23:42), the moment is a decisive break with the values of the other thief, and a definitive statement of faith in the face of death — not just his own, but Jesus» too.
«51 In consequence, therefore, of all these principles, one can not detect in Hartshorne's doctrine of man even the faintest traces of despair of life's ultimate meaning, fear or perplexity in the face of death, moral vertigo, or denigration of the enduring value of our transient earthly life.
If you take any information from this website or any website at face value and go try it without medical or professional supervision, you can and very well might get what is coming to you, including death, injury, disability, loss of your birthday, or being sent out to sea.
The payment of the accelerated death benefit reduces the stated face amount and stated cash value.
If you die as the direct result of a vehicular, air, or sea accident that you did not deliberately cause, your insurer will pay your beneficiary the accidental death benefit, which is normally twice the value of your insurance policy's face value.
You pay a flat premium over the duration of the policy, but the face value (death benefit) of the policy decreases over time.
Payment for the face value of the insurance policy or death benefits, which your beneficiary or beneficiaries will receive after you pass away
In the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in order.
Final expense insurance is typically a permanent insurance policy with a small face value (often $ 5,000 to $ 25,000) since it's intended to cover limited expenses associated with your death.
The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.
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).
So, if you had a $ 500,000 death benefit and your insurer capped the amount you could accelerate at «the lesser of $ 250,000 or 75 % of the policy's face value», you could request up to $ 250,000 while still living.
A death put is an optional redemption feature on a debt instrument allowing the beneficiary of the estate of a deceased bondholder to put (sell) the bond back to the issuer at face value in the event of the bondholder's death or legal incapacitation.
Some life insurance may offer death benefit options, including: a specific benefit that does not vary; a face amount plus the policy value; or the face amount plus premiums paid less withdrawals and loans.
Whole life requires the policy owner to pay a fixed monthly premium for the rest of their life, and upon death, the company will payout the face value of the policy (death benefit) to the beneficiary.
Under either option, a higher death benefit may apply if the value in the Policy Account reaches a certain level relative to the Face Amount.
The death benefit can also be defined as the face value or face amount of a life insurance policy.
The face value does not always equal the death benefit, particularly when you are dealing with permanent coverage, such as whole life insurance, that has accompanying riders such as PUA riders and term riders and also has life insurance dividends that can increase the death benefit.
With Level Death Benefits the insured is eligible for the full death benefit or face value the same day the policy goes into fDeath Benefits the insured is eligible for the full death benefit or face value the same day the policy goes into fdeath benefit or face value the same day the policy goes into force.
Face Amount — Could also be referred to as the Death Benefit, Policy Value, Payout Amount, Face, or Proceeds.
With Custom Advantage, the underwriting process can take between 1 to 6 weeks, but you have the benefits of being able to choose any face value (death benefits can be over $ 1 million) and paying lower premiums for comparable coverage.
Not only would your beneficiary receive the death benefits, or «face value» of the life insurance policy, but you are also accumulating a «living» benefit — the cash value that accumulates in the saving / investment component of your policy.
Most brokered CDs have a «death put» (survivor option), which allows the heirs to sell the CD at face value upon death of the owner.
In many of these cases, a term life insurance policy is often the most inexpensive choice and the full face value of the policy pays out on the policy holder's death.
As long as you're paying your premiums, the death benefit will always be equal to the face value of the insurance your purchased.
Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.
Collateral assignment secures a loan in case of the borrower's death, using the face value of the policy (rather than accrued equity, as is the case with whole life insurance).
Upon the policyholder's death, usually the insurer pays the face value of the death benefits for whole life insurance policies.
If the policy has a Death Benefit, the contract could be worth much more to your heirs than its current face value.
Option A will pay the face value of the policy at death.
This life insurance software will accurately project true capital needs, and will both explain and show, why your death benefit face value needs decline every year.
When you pass away, the death benefit your loved ones receive will be the face value of the policy.
It may allow you to receive more money than if you cancelled or surrendered the policy for its cash value, but less than the face value — or death benefit — of the policy.
Remember, if you decide that selling a life insurance policy is a good idea for you, the influx of cash you will receive is only a fraction of the face value of the policy and the amount that your beneficiaries would receive upon your death.
If there are any loans against the life policy, then these amounts will reduce the face value of the death benefit when the insured passes away.
Although the largest policy in the portfolio (by face value) matured during the period, a large proportion of the total death benefit remains linked to a relatively small proportion of lives.
The relationship between the ultimate cause (CO2) and ultimate effect (150,000 deaths from disease)-- which we have to take at face value, because the WHO have decided not to tell us how it was established — is contingent: things could have happened otherwise.
This is why every single guaranteed acceptance life policy will pay out the full face value if death occurs by an accident.
As long as you're paying your premiums, the death benefit will always be equal to the face value of the insurance your purchased.
Should you die while the policy is in force, your beneficiaries will receive not only your the initial face value as a death benefit, but also it's common for dividends to buy additional insurance by way of what are called «paid up additions», so the death benefit could actually be higher than the face value at the purchase of the policy.
With Type A policies the cash amount is added to the face value and is paid out as the death benefit.
The other catch with a no - exam policy is they have a lower death benefit or face value.
When you are trying to figure out what you will receive in terms of face value for the policy, the face value is the amount of the death benefit provided.
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