Sentences with phrase «full value of the death benefit»

If the insured dies at any point during the term, the full value of the death benefit will be given to the beneficiaries.

The full value of the death benefit is included in the estate.

Not exact matches

The benefit of combining the two insurances into one policy is you get life insurance death benefit coverage, help with your long - term care services, cash value growth that can be accessed via policy loans, with full cash surrender value plus return of premium if necessary.

The death benefit is comprised of the full accumulated cash value of the account minus any previous withdrawals.

Fixed annuities offer a standard death benefit of a lump sum payment or withdrawals under an income option of the full value of the contract at time of death.

The selling policyowner receives an upfront cash payment in exchange for transferring ownership of the life insurance policy — typically more than any existing cash value but less than the policy's full death benefit — and the investor as the new owner then continues to make the ongoing / annual premium payments.

If you designate Best Friends Animal Society as a beneficiary, the animals will benefit from the full value of your gift because your IRA assets will not be taxed at your death.

If you designate Mostly Mutts Animal Rescue as a beneficiary, the animals will benefit from the full value of your gift because your IRA assets will not be taxed at your death.

If you designate Grey Muzzle as a beneficiary, senior dogs across the country will benefit from the full value of your gift because your IRA assets will not be taxed at your death.

Level benefit means once the policy has been issued, the insured's beneficiaries are eligible for the full face value immediately after death of the insured occurs with no reduction in the face amount otherwise known as the death benefit.

Death in year three or later will result in the policy paying out the full face value also known as the death benefit of the poDeath in year three or later will result in the policy paying out the full face value also known as the death benefit of the podeath benefit of the policy.

People who have a serious health problem may receive a policy with a «graded death benefit,» which means the coverage amount increases over time and your beneficiaries won't receive the full face value if you die within the first few years of the policy.

The death benefit on most equity - indexed annuities is equal to the full contract value, i.e. premium plus accrued gains compounded annually minus any prior withdrawals, calculated as of the date of death, or in some cases, as of the last contract anniversary.

The most common type of guarantee is a death benefit guarantee which guarantees that upon your death the greater of the current contract value or the full amount of your contributions (minus any withdrawals) will be paid out to your beneficiary.

The fact that the insurance company had only $ 899,000 «at risk» in the form of a death benefit it might have to pay — since the other $ 101,000 is already set aside as cash value reserves — means that the implicit cost of the death benefit in the 20th year is based only on $ 899,000, and not the full $ 1,000,000.

The selling policyowner receives an upfront cash payment in exchange for transferring ownership of the life insurance policy — typically more than any existing cash value but less than the policy's full death benefit — and the investor as the new owner then continues to make the ongoing / annual premium payments.

The benefit of combining the two insurances into one policy is you get life insurance death benefit coverage, help with your long - term care services, cash value growth that can be accessed via policy loans, with full cash surrender value plus return of premium if necessary.

If you're seeking a simplified issue policy, — for which only a medical questionnaire is required, rather than a full exam — a wider range of death benefits are typically offered for simplified issue guaranteed universal policies than for simplified issue whole life insurance (which typically have a maximum face value of around $ 50,000).

Under this form of the one - year term option, the insured's designated beneficiary can receive a death benefit equal to the full face value of the underlying policy.