Sentences with phrase «get additional death benefit»

Please note: You can also add a term life insurance rider to your IBC policy in the early years to get additional death benefit protection for your family.

With Northwestern Mutual, you get the additional death benefit you need at a price that is lower than what you would otherwise have to pay for permanent whole life protection.

Not exact matches

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.

If you need to return home early due to covered reasons, such as death of a close relative or your house being on fire, trip interruption benefit will provide the coverage for additional expenses you may incur to get home earlier.

Under the added paid - up options the policyholders are allowed to get their paid - up additions using their bonuses which would accumulate in their plan making this plan an additional guaranteed assured - sum which is paid as maturity or death benefits.

Although other riders cost extra for the increased benefits you get, most term life policies include an accelerated death benefit rider at no additional charge.

But with riders, such as accidental death benefit and disability benefit, your family gets an additional sum, say in the case of death due to accident, and a steady stream of income for a long period, respectively.

Double accident benefit usually refers to a benefit in case of accidental death, whereby the claimant gets an additional amount over and above the sum assured.

However, if the cause of death is other than accident then the insured will get the basic sum assured and the additional benefit will not be provided.

Various riders like additional risk coverage, accidental death benefit & waiver of premium can be purchased with the basic policy to get comprehensive risk cover.

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.

One will also get Accidental Death and Disability Benefit Rider (AD and DB) as optional by paying additional premium to extend the policy bBenefit Rider (AD and DB) as optional by paying additional premium to extend the policy benefitbenefit.

Get additional protection for accident leading to dismemberment or death (For further details, please refer to the Max Life Comprehensive Accident Benefit Rider Brochure / Prospectus, UIN -104 B025V02)

In case of sudden death during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death benedeath during the policy premium paying term, his / her family or nominee will get «Sum assured on Death» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death beneDeath» + vested Simple Reversionary Bonuses + Final Additional Bonus, if any as Death beneDeath benefits.

Max Life Comprehensive Accident Benefit Rider (UIN -104 B025V02)- Get additional protection for accident leading to dismemberment or death.

Not only does your family get death benefits in case of your untimely absence or permanent disability but also, if you do live on throughout the term of maturity, there are additional benefits available, which are much more than what you stand to gain.

Bajaj Allianz Accidental Death Benefit Rider (UIN: 116B034V01): On choosing this Rider, your nominee gets entitled to receive the additional Rider Sum Assured, in case of your untimely death, occurring as a result of an acciDeath Benefit Rider (UIN: 116B034V01): On choosing this Rider, your nominee gets entitled to receive the additional Rider Sum Assured, in case of your untimely death, occurring as a result of an accideath, occurring as a result of an accident.

This is nothing but like an additional rider benefit and you have to pay extra premium for the same to get the benefit of accident death benefit rider.

In case death during the policy tenure due to accident he / she may get some additional benefit as agreed upon during the policy subscription.

Your family simply gets the death benefit if you die, and you accumulate additional cash value.

Death Benefit: In case of death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if Death Benefit: In case of death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if death of the insured before the completion of the tenure of the insurance plan, the nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).

However if you opt for additional risk coverage for accidental death benefit, you would get more.

However if you opt for accidental death benefit rider; your nominee gets additional sum assured over and above the basic sum assured.

His family would get Rs 2 Lakhs as death benefit along with vested bonus + final additional bonus (if any).

3) Extra Life Option: In addition to the benefits under Life Option, your nominee will get an additional Extra Life Sum Assured upon death due to Accident.

I feel this is one of the good term insurance plan in India which comes with an accidental death benefit rider where you can get the additional sum assured of Rs 50 Lakhs with small additional premium.

a) Death Benefit: In case of death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if Death Benefit: In case of death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if death of insured before the completion of tenure of the insurance plan, nominee would get Sum Assured on Death + Vested simple reversionary Bonuses + Final Additional Bonus (if Death + Vested simple reversionary Bonuses + Final Additional Bonus (if any).

She would get 3.3 lakhs along with the royalty additions and an additional rupees 3 lacs due to accident death benefit.

Total benefit paid = Rs. 2.05 crores (Rs. 1 crore paid immediately + Rs. 1.75 lakhs for 60 months) In case of an accidental death of Ramesh, Sheetal will get an additional payout of Rs. 50 Lakhs as lump sum.

If a policy has an accidental death rider, then the nominee will get additional money for this rider over and above the base policy benefit.

If you opt for Smart Life Plus plan, you get an additional inbuilt rider of Accidental Death Benefit.

Also accidental death is covered by all companies wherein you get the sum assured and if you have taken an accidental death benefit rider you get additional sum assured.

3) Extra Life Option — In addition to the benefits under Life Option, you get an additional sum assured in case of death due to accident.