Sentences with phrase «gives you death benefit»

With term life insurance, you buy a policy, which has a given death benefit, say $ 250,000.

«Given the death benefit provided, the cost is extremely low,» said Kevin Lynch, an assistant professor of insurance at The American College in Bryn Mawr, Pennsylvania.

Group purchase can sometimes offer you a lower rate for a given death benefit either because the employer or other group sponsor subsidizes the premium or because the rates are averages weighted by people younger than you.

With life insurance, you're paying a premium so that, if you die prematurely, your beneficiaries will be given a death benefit.

Guaranteed UL policies give you death benefits that you can depend on.

In order to curb this practice, but still encourage life insurance purchase, the IRS developed guidelines regarding allowed premiums for a given death benefit.

Internal Revenue Code section 7702 sets limits for how much cash value can be allowed and how much premium can be paid (both in a given year, and over certain periods of time) for a given death benefit.

It gives Death benefit or Maturity Benefit, whichever is earlier.

In case of death during policy tenure, the insurer will give a death benefit.

It provides the insured with an opportunity to invest and also gives a death benefit to their family, that is if the investment value performs well.

The suicide clause indicates that the insurance carrier is not obliged to give the death benefit to the heirs, if the policy holder commits suicide within two years of the date of purchase.

Many states require an insurance carrier to give the death benefit to the beneficiaries within 30 days.

Universal Life Insurance Policies work by giving death benefits when one dies.

Along with survival and maturity benefit, a money back plan gives you death benefit also.

Not exact matches

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

Yes, the Vanguard Variable Annuity gives you the flexibility to choose from 2 death benefit options — each with its own costs and death benefit.

If you were to die before paying back your policy loan, the loan balance plus interest accrued is taken out of the death benefit given to your beneficiaries.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in 12 - 24 months or less to live.

At this point, the carrier will give you a lump sum payment equal to your total death benefit and end your policy.

If your primary objective in obtaining life insurance is to have a death benefit in place which will help to cover your family's expenses if you passed away, our analysis shows that other products are likely a better fit given the cost of whole life insurance.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in 12 months or less to live.

At the very least, in the matter of life versus death, the compelling evidence [in videos] of responsiveness to commands and of puberty warrants giving life the benefit of the doubt.

The purpose of Christ's death, according to Mark, is «to give his life a ransom for many»; (Mark 10:45) his blood is the «blood of the covenant which is shed for many»; (Mark 14:24) yet Mark does not elaborate the principle or explain how it was that «the many» were to benefit by Christ's death.

Death row may not give much time to physically benefit from salvation, but there's complete spiritual benefit nonetheless.

Here there is entrance into the «benefits» — the results made available for the lives of men — which Christ's life, death, and resurrection effected and which gave rise to the specifically Christian claim that he is God's Son, that One in whom True God dwells supremely in a true man, for the wholeness of all men.

I'm trying to give Wenger the benefit of the doubt with his Rocky Balboa tactics, in getting battered for 11 rounds and then pulling out a haymaker out of nowhere to win it at the death.?

When you give your wealth to your own family upon your death, it means primarily two things: you failed to use it to advance society (because you still had it) and you failed to find a productive use for it (because it only benefited your family).

State lawmakers are introducing legislation that would give the families of EMTs killed in the line of duty the same death benefits as cops and firefighters.

Specifically, results from ERSPC document a relative risk reduction of prostate cancer - specific death of 21 % at a median follow - up of 11 years17 While the absolute reduction in prostate cancer - specific mortality was relatively small (0.10 deaths per 1,000 person - years or 1.07 deaths per 1,000 men randomized), this may represent an underestimate of benefit given the length of follow - up of the study and the degree of non-compliance in the intervention arm.

Many of these studies were trying to prove the benefits of a low fat (low saturated fat diet), but the all failed to prove their point while simultaneously proving saturated fat was a necessity (given the amount of deaths who abstained from it).

The geothermal supporters received an article describing the benefits of geothermal in California, while the negative side was given an article about geyser deaths in Yosemite.

The benefits would be twofold: not only would a standardised crash test procedure be introduced, but safety techniques already used in the world of motorsport would give real - world relevance to the sport - which might otherwise come under even greater scrutiny should another high - profile death occur.

The statement also gives your potential disability benefits and the survivor benefits your family will receive after your death.

An accelerated death benefit allows a policyholder to receive an advance of the face amount if diagnosed with a terminal illness and given less than twelve months to live.

So you can «live» with guaranteed withdrawals for lifetime income and still have the potential to «give» a legacy through death benefit proceeds equal to the amount of premium you invested, subject to the benefit guidelines.

This is in contrast to the typical death benefit, which is given out as a lump sum.

Creating a high cash value life insurance policy gives you the benefit of a policy that grows cash value quickly, that will also grow your death benefit as you get older.

Term life almost always costs less, provides much more flexibility and gives your survivors true discretion as to how to spend the death benefit.

We'll pay up to $ 1,000 if your pet is injured during a covered accident (and even give you a $ 1,000 death benefit for your pet).

At any given company, the more your premium is, the more your death benefit will be.

The option to accelerate a death benefit can be incredibly valuable given the high cost of hospital stays, medication and other expenses associated with a life - impacting illness.

If you become seriously ill, Northwestern Mutual's whole life insurance policies give you the option of receiving your death benefit while still alive.

Yes, the Vanguard Variable Annuity gives you the flexibility to choose from 2 death benefit options — each with its own costs and death benefit.

Life insurance can help you plan for retirement, provide death benefits for your dependents, and even manage your tax legacy or plan your charitable giving.

An accelerated death benefit rider simply gives you the option to receive a portion of the death benefit early if you're diagnosed with a qualifying illness.

The critical illness rider will give you a lump - sum benefit, taken out of your death benefit, that will help you cover unexpected medical costs and other expenses.

It gives you access to a portion (or full amount) of your policy's death benefit, if you are diagnosed with a terminal illness resulting in six months or less to live.

Protect your family The death benefit gives you peace of mind in knowing that your loved ones will be covered financially should you die.

As an example, you can state that you wish ownership be transferred once your child is 25 years old and only want 50 % of the death benefit to be given at this time and then for the remaining 50 % to be given at age 30.