Sentences with phrase «for additional death benefit»

With regards to Accidental Death Benefit (ADB) Rider, if you are looking only for additional death benefit then you can club this rider with your term plan.

Accidental Death Benefit Rider: You can add this rider for an additional death benefit if you die within 12 months after obtaining an accidental injury.

You can add this rider for an additional death benefit if you die within 12 months after obtaining an accidental injury.

Provides for additional death benefit during the first four years of the policy to assist with specific tax planning situations.

Term Rider — adding a term rider to your policy allows for additional death benefit protection but with a lower cost than trying to get the same death benefit entirely with whole life insurance.

Not exact matches

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

Investors should only buy an annuity contract for the annuity's additional features, such as lifetime income payments and / or death benefit protection.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

Optional death benefits are available for an additional fee and may cause the Fixed Account Options to be unavailable.

The basic features of variable annuities include tax - deferred growth, 1 choice of professionally managed investments, optional benefits (available at an additional charge), that can help protect your investment from market declines, 2 choice of payout options and a death benefit to help you provide for your beneficiaries.3

The additional coverage in excess of the Contract Value is only available to use for a qualified long - term care benefit and will not become part of the contract value or the death benefit.

In addition, he was able to supplement his whole life policy with a convertible term life insurance rider that significantly increased his death benefit for very little additional cost.

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

It is a great option for someone young, who needs additional death benefit protection, but does not want to spend the extra amount on more permanent coverage.

Optional death benefits are available for an additional fee and offer the potential to increase the amount of money you provide when the time comes.

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.

Indexed Universal Life offers some additional benefits over Universal Life, including potential for higher returns and two death benefit options.

Initial premium rate is based on age and gender for all death benefit amounts; tobacco or nicotine substitute use is an additional premium factor for death benefits of $ 101,000 through $ 300,000.

In some cases, the maximum death benefit for an additional insured can be as high as those of the primary insured, meaning your spouse would have the same amount of coverage as you.

Optional riders like Accidental death benefit rider and Additional cover for 34 Critical Illnesses are available.

While you can get coverage for this scenario through an additional insured rider, you may need a joint life insurance policy if the maximum death benefit for a rider isn't large enough.

Companies offer accelerated death benefits that can provide additional protection for terminal illness and chronic illness.

MarketProtector Advisory offers the same benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

For purposes of our SBA loan topic when considering permanent life insurance, it is most important to understand that (in addition to term life) the required death benefit to satisfy SBA can be purchased in a number of ways that offer additional lifetime and strategic benefits.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

Jackson AscenderPlus Select offers traditional fixed annuity benefits, such as guaranteed minimum interest, death benefits, and flexible retirement income options including LifePay ®, an optional income rider available for an additional charge.

Optional death benefits are available for an additional fee and may cause the Fixed Account Options to be unavailable.

The major drawback is that the surviving spouse will leave behind no additional death benefits for heirs.

But with that being said I do see ur point of being farsighted and the advantages of lower premiums when starting early.Thank you for pointing out the aspect of the accident cover my term cover also has a rider (clause) with a nominal additional premium for disability and death benefits due to accident.

In fact, it may shine a light on all of the additional benefits that come with the use of a bypass trust when one looks to plan for both death and taxes.

Keep in mind that taking money from your policy will immediately reduce the cash value and death benefit, and can lead to the need for additional premiums to be added into the policy in the future.

A greater life expectancy adds additional premium payments, and also reduces the NPV of the death benefit (because it's discounted over a larger number of years waiting for the payout to occur).

UK death statistics reveal that for every additional summer death due to increased warming, the warmer winters saved 29 lives each year - a huge net benefit.

Financial benefits and awards are also available for wrongful death due to a 9 / 11 - related cancer or disease, including a large cash death benefit, funeral expenses, lost earnings, and additional compensation for surviving spouses and any children.

He routinely defends workers» compensation death claims, asbestos and mesothelioma claims, VSSR matters, as well as claims involving additional conditions and requests for disability benefits.

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.

The Accelerated Death Benefit rider is free of charge for all applicants where it can be applied, and additional riders are made available for those looking to protect their Children, as well, and for those who want to protect their policy from non-payment during disability.

After that period the policy is paid - up but the death benefit may still grow due to using the dividend for additional paid up insurance.

Unlike basic term life policies without additional benefits, this product includes three types of living benefits through accelerated death benefit riders, and a premium waiver during unemployment.2 These riders offer additional flexibility and coverage for a number of unexpected events.

Accidental Death Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original poDeath Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original Benefit Rider — Should you die accidently, this rider will provide you with an «additional death benefit» on top of the amount of death benefits you have selected for your original podeath benefit» on top of the amount of death benefits you have selected for your original benefit» on top of the amount of death benefits you have selected for your original podeath benefits you have selected for your original policy.

Other riders are available as well for spouses and children, events of disability or critical illness, and additional methods of death benefit payout.

You must apply for an additional policy to increase the Death Benefit on the policy.

For key person business life insurance, the Salary Increase rider offers owners the ability to increase the death benefit by $ 30,000 increments, up to $ 1,000,000 of additional coverage, with no proof of insurability.

Some will also offer additional or optional coverage such as a waiver of pre-existing conditions, accidental death or the Cancel for Any Reason benefit.

The additional COI was still unable to make up for the large death benefit at the age of 70.

Paid up additional life insurance is a great way to leave a legacy for your family because the rider will help your cash value grow and your death benefit.

Dividends can be used for many things but the most popular option is paid up additions, which allow you to buy paid up additional life insurance, increasing your death benefit and cash value.

By eliminating costs for multiple policies and with the new mortality tables, you may see an increase in your death benefit with no additional premiums.