Sentences with phrase «full death benefit»

If they want quick coverage, they should consider the fact that guaranteed issue life policies don't pay full death benefits for some predetermined amount of time after purchase.

In order to receive full death benefits, the insured must hold the policy for at least three years.

Today, we are focusing on level «I» as it offers full death benefit from the very first day.

If you die the day the policy goes in force then your beneficiary would receive 100 % full death benefit payout.

A few companies may pay out full death benefits in the event of an accidental death — but the definition of accidental death is very limited.

If you were to pass away within the first 2 years full death benefit would not be paid.

Full death benefit payments may not be paid out to beneficiaries for several years.

Full death benefit amount can be accelerated in all states except Connecticut, where acceleration is limited to no more than 75 % of death benefit.

Even if you miss paying your premiums, we will continue to pay full Death Benefit for 2 years from the date of last unpaid premium

Level benefit: Full death benefit available immediately.

Graded benefit life insurance is coverage that provides full death benefits after the insured person is insured for at least 2 or 3 years.

Even those who can only qualify for Guaranteed Issue have to go through a 2 - 3 year waiting period for full death benefits coverage to kick in, unless death is due to an accident, so every day they wait to apply and get issued increases their risk that they may not make it through the waiting period and higher rates due to age.

Ultra Protector 3 also offers full death benefit for accidental deaths.

This policy is issued to those aged 40 — 85, providing death benefits (from $ 2,500 to $ 50,000 depending on underwriting status), immediate full death benefit and level premiums, with accumulating cash value that can be accessed through policy loan or cash surrender.

For example, if you have high blood pressure or high cholesterol, you likely will get standard coverage, eligible for full death benefit disbursement the day after you pay your first premium.

Senior Tribute 1 offers instant full death benefits, life policy with death benefits paid to the specified beneficiary if the death happened while the policy is present.

Full death benefit amount can be accelerated in all states except Connecticut, where acceleration is limited to no more than 75 % of death benefit.

The main difference is between Ultra Protector 1 & 2 and Ultra Protector 3: Ultra Protector 3 has a 3 - year graded death benefit whereas 1 & 2 have full death benefit from day one.

PlanRight Level Benefit: Full death benefit payout from first day the policy is in force.

The policy will be eligible for full death benefit for one year even if the premium is unpaid

If you pass away during this period of time due to a natural cause, such as a disease or heart attack, your beneficiaries won't get the full death benefit.

If you pass away during this period of time, the insurer wouldn't pay the full death benefit to your beneficiary.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

If you die by any means after the first two years, the full death benefit amount will be paid to your beneficiaries.

Just keep in mind that these policies come with a waiting period, or graded benefit, meaning your beneficiaries won't receive the full death benefit if you die soon after purchasing.

You'll have the full death benefit (tax free) and you can use it as you need.

This means if you die within the first year or two of the policy (for example), you won't receive the full death benefit.

If you pass away during this period of time, the insurer wouldn't pay the full death benefit to your beneficiary.

In addition, there's a two - year waiting period after you purchase coverage during which, if you pass away for any reason besides an accident, the full death benefit would not be paid.

In addition, if you pass away during the first 2 years of coverage due to a non-accident, your beneficiary won't receive the full death benefit.

If you pass away during this period of time due to a natural cause, such as a disease or heart attack, your beneficiaries won't get the full death benefit.

After two years, his beneficiaries will receive the full death benefit regardless of how he dies.

If no long - term care benefits are paid, then the policy pays out the full death benefit when the insured person dies.

Premiums can be high and you could earn a better return in the stock market, but ROP policies offer a full death benefit as well as the possibility of a cash windfall if you outlive the term.

If your mom lives for at least two years, then the full death benefit of the policy will pay out.

Just keep in mind that these policies come with a waiting period, or graded benefit, meaning your beneficiaries won't receive the full death benefit if you die soon after purchasing.

Remember, the whole life policy is guaranteed to pay out the full death benefit from day 1!

These type plans are called Graded Benefit plans, because they don't pay out their full death benefit for a few years.

Upon the death of the policyholder, the insurance company pays the full death benefit of $ 25,000.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

If you die by any means after the first two years, the full death benefit amount will be paid to your beneficiaries.

If you die within two years of buying your guaranteed life insurance policy, you don't get the full death benefit amount.

After two years, the full death benefit would be paid to your beneficiaries, regardless of the cause of death.

With Level Death Benefits the insured is eligible for the full death benefit or face value the same day the policy goes into force.

After two years have passed since buying the final expense policy, your beneficiaries will receive the full death benefit amount no matter what causes your death.

With the exception of accidental death, if you die within two years of buying a final expense policy, your beneficiaries will only receive the total amount of premiums you paid, plus a little interest, but not the full death benefit amount.

If you die because of an accident within two years of buying a final expense policy, your beneficiaries will receive the full death benefit amount.

In addition to the higher premiums, one of the main drawbacks to a guaranteed issue life insurance is that your beneficiaries wouldn't receive a full death benefit until your policy has been in force for a specific length of time (typically between one or two years, depending on the life insurance company).

The graded death benefit means that you don't get the full death benefit if something happens to you in the first three years of taking out the policy.

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.