Sentences with phrase «full benefit amount»

Under the category of critical illness rider, the insured can get full benefit amount for critical illness cover.

The Benefits: The full Benefit Amount of one thousand dollars ($ 1,000.00) is payable for Accidental Loss of Life, two or more Members, sight of both eyes, speech and hearing or any combination thereof.

before full retirement age, we can not pay your surviving spouse the full benefit amount from your record.

after full retirement age, your surviving spouse may receive your full benefit amount plus any accumulated delayed retirement credits.

If the airline captain's full benefit amount was $ 8,000 each month and their new marketing position paid $ 6,000, the benefit could be reduced to $ 2,000.

However, someone born with a full retirement age of 67 would have only three years between FRA and age 70, so the maximum benefit would be 124 % of the full benefit amount.

Someone with a full retirement age of 66 could earn four years of credits before claiming at age 70, and would potentially receive a benefit equivalent to 132 % of the full benefit amount.

The Illinois Department of Employment Security calculates your full benefit amount after you file your initial claim.

They also may feature graded death benefits, meaning you won't receive the full benefit amount if you die during an initial period of time (usually the first year or two of the policy).

According to the report, because people are living longer and the birth rate is low, the ratio of workers to beneficiaries is falling, and the taxes paid by these workers will not be enough to pay the full benefit amounts currently scheduled.

Because this adds up to 150 % of your full retirement benefit, it would not be reduced — both survivors would receive this full benefit amount each month.

If you have a true own occupation policy and become disabled and go to work in another profession (for example, a surgeon develops a tremor and can not operate anymore but can still diagnose and consult), you could receive both your new paycheck and your full benefit amount, even if that means you're making more money than you were prior to your disability.

You are covered for the full benefit amount from the first day coverage takes effect.

Guaranteed issue policies often come with a graded benefits which provide that you don't receive the full benefit amount until a certain period of time has passed, typically one to three years.

In year one, the policy pays out 110 % of the annual premium; in year two, the policy pays out 220 % of the annual premium; the policy pays out 100 percent of the full benefit amount in year three and beyond.

If the unthinkable were to happen to you before the policy reaches maturity, the full benefit amount would be paid to your child or other beneficiary.

This means you must live for the specified period before your benefits will «Grade Up» to the full benefit amount.

In our example, you can either stay out of work and receive the full benefit amount or take the marketing director position and not receive any benefit at all.

In the previous example, if your full benefit amount was $ 8,000 and your new marketing position paid you $ 6,000 every month, your benefit could potentially be reduced to $ 2,000.

You'll still get the full benefit amount, but some of it will come from SSDI rather than your insurer, so you can lower the cost of your policy.

The Social Security disability benefits that a child can receive are calculated as a percentage of the parents» disability benefit, up to a family maximum payment of between 150 % and 180 % of the parents» full benefit amount.

If your loss is 75 % to 80 % of your income or higher, most carriers consider you totally disabled and pay the full benefit amount.

If you want to receive Social Security payments before your full retirement age, you will receive a permanently reduced benefit that is a percentage of the full benefit amount.

With the trust in place, the beneficiaries listed on the policy will receive the full benefit amount and not just a portion of the benefit after it is taxed by the government.

If you want to postpone the starting date for Social Security retirement benefits beyond your full retirement age, you will receive a permanently increased benefit that is a percentage of the full benefit amount.

They also may feature graded death benefits, meaning you won't receive the full benefit amount if you die during an initial period of time (usually the first year or two of the policy).

Should the unthinkable happen to you before the policy matures, the full benefit amount will be paid to your child or other beneficiary.

If something happens to you prior to maturity, the full benefit amount will be paid to your beneficiary.

In a death claim for a covered accident, the full benefit amount is paid.

In these cases, a graded life insurance policy, sometimes referred to as a Guaranteed Issue Life Insurance Plan, will allow you to pay a percentage of the death benefit until you reach the full benefit amount.