Sentences with phrase «greater than the death benefit»

The insurance company will never receive premiums that are equal to or greater than the death benefit.

Not exact matches

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

This feature guarantees that the policy will not default, even if the cash surrender value falls to zero or below, provided that the Death Benefit Protection Value remains greater than zero and policy debt never exceeds the Policy Value.

And if the researchers are right, he says, «the benefits of measles vaccination are far greater than simply the reduction in measles deaths.»

The amount you receive will be greater than the policy's cash value and less than its death benefit.

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

Death certificate (should be a certified death certificate if the death benefit is greater than $ 100,000, which can be provided by a funeral direDeath certificate (should be a certified death certificate if the death benefit is greater than $ 100,000, which can be provided by a funeral diredeath certificate if the death benefit is greater than $ 100,000, which can be provided by a funeral diredeath benefit is greater than $ 100,000, which can be provided by a funeral director)

Premiums are level for the entire length of coverage and you can purchase a policy with no medical exam if the death benefit isn't greater than $ 400,000.

Universal life insurance features a death benefit and cash value account like whole life, however it offers greater flexibility than whole life in two distinct ways.

If your intention is to build up cash savings to protect your loved ones in case something happens to you, the death benefit protection offered by cash value life insurance will typically provide them with a greater amount than the cash value of your account.

2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.

What this means is that it is actually more expensive to purchase coverage for $ 249,999 than it is for $ 250,000, even though the latter provides a greater death benefit.

Doing so, however, will diminish your policy's death benefit, sometimes by an amount greater than the cash you redeemed.

If a person no longer wants or needs their life insurance then why should they be denied the opportunity to receive a value greater than the cash surrender value but less then the death benefit?

The greater number of deaths in winter (in the UK) compared to the summer, better crops due to a longer season and increased «plant» food are two obvious areas of debate, as are the economic benefits by having lower priced energy than will be the case with renewables.

The experts have shown that the health benefit of cycling is much greater than the risk of injury or death.

If you know you need something more permanent than term life but you don't want to sacrifice the death benefit, combining term life and whole life into one policy is a great option.

You also need a permanent life insurance plan, where the death benefit would be enough to supply a future income to the surviving spouse, for as long as she lives, which is equal or greater than what she may have received from the join and survivor benefit plan.

Life insurance provides funds when they are needed most and the death benefit is typically significantly greater than the premiums paid.

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

The face amount of the policy is the initial amount that the policy will pay at the death of the insured or when the policy matures, although the actual death benefit can provide for greater or lesser than the face amount.

The amount received from selling a policy will always be greater than the cash surrender value and less than the death benefit value.

I received a cold call from my Prudential agent telling me that if I cashed in my policies I could buy paid up insurance that would provide a death benefit that would be greater than the value of the 2 policies that I have now.

Premiums for graded benefit life insurance policies are generally higher than those for standard life insurance policies since the policyholder presents greater risk of a death claim to the insurance company.

Of course, taking money against the policy will reduce the death benefit but this isn't a problem if your needs have adjusted, your policy accrues interest greater than your loan, or you have the ability to repay the loan.

Therefore, if the funeral home's costs for services increase and become greater than the policy's death benefit, your family would need to pay for the difference.

Generally, as long as the policyholder is expected to die within 12 months of the date of the payment of the living death benefit, and that benefit is discounted only by an amount that is consistent with a life expectancy no greater than one year in duration, the beneficiary (s) is not taxed on the life insurance proceeds.

Death certificate (should be a certified death certificate if the death benefit is greater than $ 100,000, which can be provided by a funeral direDeath certificate (should be a certified death certificate if the death benefit is greater than $ 100,000, which can be provided by a funeral diredeath certificate if the death benefit is greater than $ 100,000, which can be provided by a funeral diredeath benefit is greater than $ 100,000, which can be provided by a funeral director)

The entire maximum premium (greater than the 7 year premium) can be paid in one year and no more premiums can be paid unless the death benefit is increased.

They're a great option in most states because they have graded death benefit term policies, rather than just whole life, which saves a bunch of money.

This can affect the company's ability to pay any benefits that are greater than the value of your account in mutual fund investment options, such as a death benefit, guaranteed minimum income benefit, long - term care benefit, or amounts you have allocated to a fixed account investment option.

Income Protection Agreement — provides an irrevocable settlement option, that pays the death benefit over a period of years, which provides for greater cash accumulation and a benefit stream for beneficiaries (rather than a lump sum).

Life insurance settlements may be entirely tax - deductible, while viatical settlements are much more likely to be closer to the death benefit and therefore much greater value than the premiums paid.

Just try and get those benefits, particularly a death benefit far greater than your account balance, in a 401k or IRA.

While some policies are reduced on a dollar - for - dollar basis with each withdrawal, others (such as some traditional whole life policies) actually reduce the death benefit by an amount greater than what you withdraw.

Universal Life Insurance provides greater flexibility than whole life by allowing the owner to adjust the premium and death benefit.

Premiums are level for the entire length of coverage and you can purchase a policy with no medical exam if the death benefit isn't greater than $ 400,000.

You'll receive an amount that's greater than the policy's cash value, but less than the death benefit.

However, if Mr. Kumar dies after 20 days from the date of diagnosis (which is greater than the survival period of 14 days), they would pay Death benefit as well as the Critical illness benefit.

For age at entry greater than 45 years, the death benefit is higher of 7 times annualised premiums or 105 % of total premium or paid till date of death or 200 %, 250 % or 300 % of sum assured depending on the PPT chosen.

If the life insurance death benefit paid to you is not greater than the amount of the life insurance death benefit payable at death then it is not taxable and you should not include it on your tax return.

Complications of pregnancy and childbirth are the second leading cause of death among 15 — 19 - year - old women, 1 and babies born to adolescent mothers face greater health risks than those born to older women.2, 3 Moreover, adolescent childbearing is associated with lower educational attainment, and it can perpetuate a cycle of poverty from one generation to the next.4, 5 Thus, helping young women avoid unintended pregnancies can have far - reaching benefits for them, their children and societies as a whole.