Sentences with phrase «higher death benefit options»

You're likely to get higher death benefit options or lower premiums, or both.

Assurity offers the second highest death benefit options, at $ 350,000, without an exam.

Not exact matches

If you're married, you usually have the option to elect a higher retirement benefit paid over your lifetime, or a smaller benefit that transfers to your spouse after your death.

The higher premium amount coupled with the lower initial death benefit amounts are the biggest disadvantage to universal life insurance option B.

In addition, Sagicor's simplified issue whole life and universal life insurance policies have higher options for death benefits than you can find almost anywhere else.

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.

In addition, Northwestern Mutual offers the option of paying a higher premium to guarantee the death benefit, an option that's not standard for most variable universal policies.

Indexed Universal Life offers some additional benefits over Universal Life, including potential for higher returns and two death benefit options.

We are focusing on strong companies that offer the option to generate high cash value, as opposed to an initial high death benefit.

Under either option, a higher death benefit may apply if the value in the Policy Account reaches a certain level relative to the Face Amount.

The reason for quicker cash accumulation is the higher initial premiums along with a lower starting death benefit associated with this option.

Life Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of need.

Some carriers offer guaranteed universal life insurance options and adjust the amount of the premium higher while making the policy amount lower, so that in addition to offering a guaranteed death benefit, the policy almost immediately begins to generate a larger cash value.

The high premiums, combined with a low face amount for the death benefit, make guaranteed issue life insurance a less desirable option for relatively healthy individuals.

When this happens, your options for life insurance may be limited to high risk coverage at expensive rates or final expense insurance, also called funeral coverage, which has limited benefits and pays to a third party after your death.

Now while it may be a temporary coverage, it is also your most affordable option for the highest possible death benefit amount.

Option A is the most popular UL option, as it provides the highest death benefits compared to the premium aOption A is the most popular UL option, as it provides the highest death benefits compared to the premium aoption, as it provides the highest death benefits compared to the premium amount.

However, guaranteed issue life insurance generally offers low death benefit options with higher than normal premiums.

Policies called «Graded Death Benefit» policies are one option for which most high risk individuals could qualify.

It also provides high coverage options; policies can go all the way up to $ 10,000,000, even though most people won't need nearly that high of a death benefit.

Under Benefit Option 2, higher of the SA including the top - up SA 105 % of all premiums paid is payable immediately on death.

The death benefit payable will be the amount higher of the Sum Assured or 10 times the annual premium or 105 % of total premiums paid till the date of death for regular premium payment option and higher of Sum Assured or 125 % of the Single Premium paid under the Single Premium payment option.

On death of the policyholder, under Benefit Option 1, higher of the Sum Assured including the top - up SA net of any partial withdrawals made in the last 2 years or Fund Value including the Top - up Fund Value or 105 % of premiums paid is payable to the nominee

Under the Classic Waiver option, the death benefit will be higher of the Sum Assured on Maturity or 10 / 7 times the annual premium depending on the age of the policyholder or 105 % of all premiums paid till the date of death.

While other options such as stocks and mutual funds may provide potentially higher growth, these vehicles also expose the investor to potentially more market risk, without the added death benefit protection should the unthinkable occur.

Those who are between the ages of 18 and 50 are allowed to apply for this policy option, and the death benefit amount can range between a low of $ 100,000 and a high of $ 500,000.

By comparing the coverage options carefully you will be able to get the highest possible death benefit for the lowest possible price.

Owners can select an annuitization option that results in a higher monthly benefit, but forfeits any remaining monies still in the account after death.

We definitely have some good options when it comes to a participating whole life policy with PUA or Additional Life Insurance riders to help build high cash value rather than death benefit.

In addition, Northwestern Mutual offers the option of paying a higher premium to guarantee the death benefit, an option that's not standard for most variable universal policies.

Therefore, those who may have certain health issues could still qualify for this policy — and it could be a viable option if someone is looking for guaranteed death benefit protection, along with protection of cash value and possible higher growth.

We are focusing on strong companies that offer the option to generate high cash value, as opposed to an initial high death benefit.

Because whole life insurance policies are complicated and the premiums are high for the amount of death benefit you get, whole life insurance is only the best option for seniors in a few situations, such as when you want to minimize estate taxes for your heirs, or if you want to leave a specific amount of money to someone or a charity no matter how old you are when you die.

Even though the premiums are high and the death benefit may be low, it is still an option if you are looking at coverage to help pay funeral costs or to pay off medical bills.

The iMaximize plan comes with a choice of two death benefit options — higher of sum assured or fund value; or sum assured, additional savings benefit, and income benefit.

Therefore, for someone who is on a fixed budget, a permanent life insurance policy may be a good option — even though these policies will oftentimes start out with a higher premium cost than a comparable term insurance policy with the same amount of death benefit.

A high performing policy can utilize these options to provide a higher death benefit without new life insurance being issued.

If you choose regular payment options, highest among the following qualify for the death benefits.

A policy with cash value also can provide a higher death benefit for beneficiaries, if the appropriate options are selected at issue.

On death of the policyholder, the death benefit under both the options will be higher of the SA on death or 105 % of all premiums paid + vested reversionary bonuses, Guaranteed Additions and terminal bonus, if any

The nominee gets the Sum Assured (SA) on death of the policyholder which is higher than 10 times the annual premium or 105 % of all premiums paid till death under the Lump sum Benefit option.

Through Term Rider, Accidental Death and Disability Benefit, a policy holder of Jeevan Saral has the option of availing a higher cover.

Option 1 — if Krishna dies during the plan term, higher of the guaranteed maturity Sum Assured or 11 times the annual premium or 105 % of premiums paid is paid as guaranteed death benefit.

Furthermore, it provides four flexible options to ensure you have an ideal cover as per your health needs, ensures lumpsum payout on diagnosis, has an in - built death benefit, ensures high cover at low premium, and offers various other benefits.

Some companies provide a nominal death benefit life insurance policy to all employees for free, with the option to purchase additional coverage offering higher death benefits.

This death benefit option offers a monthly income on your death till such time you would have either turned 60 or for 10 years whichever is higher.

The death benefit under this payout option is higher of 10 times the annualized premium, 105 % of total premiums paid, or the basic sum assured.

Death benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option1: In case of death of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured, nominee will receive the following: Higher of Sum Assured or Fund Value or 105 % of total premiums paid Death benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeneDeath benefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit Option2: Triple Benefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BeBenefit Option In case of death of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Benedeath of the Life Assured during the Policy Term, nominee will receive the following: Higher of Sum Assured or 105 % of total premiums paid + All future premiums due will be paid by the Company (additional savings benefit) + Amount equal to the annual premium will be paid every year to the nominee (Income Bebenefit) + Amount equal to the annual premium will be paid every year to the nominee (Income BenefitBenefit).

This death benefit option is paid on the death of the life insured for a period of 10 years or up to a period you would have turned 60 (whichever is higher).

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.