Sentences with phrase «higher death benefits if»

It also has the benefit of offering much higher death benefits if you have a mortgage or other financial obligation to cover.

In addition, most insurers will pay a higher death benefit if you passed away while a fare - paying passenger in a «common carrier» accident.

Not exact matches

If an insurer offers no medical exam coverage with higher death benefits than these, it typically means that the medical exam is conditional upon your responses to health questions.

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.

If you need a large amount of coverage, simplified issue life insurance isn't ideal for you because most life insurance companies cap the death benefit at $ 100,000 (some companies offer as high as $ 500,000.)

They have since posted variations of «well even if there's a higher death rate there are still other benefits / overall risk is low» blah blah.

Even if you have health issues and would have difficulty passing a medical exam, a large number of insurers offer no medical exam term policies that provide higher maximum death benefits.

Globe Life only offers coverage with no medical exam so, if you're healthy, you'll pay higher rates for the same death benefit than you would at an insurer with full underwriting.

If an insurer offers no medical exam coverage with higher death benefits than these, it typically means that the medical exam is conditional upon your responses to health questions.

So, for example, if you had $ 100,000 and you wanted to put it into a single premium policy, your death benefit would probably exceed $ 500,000, perhaps as high as $ 750,000.

Premiums can be high and you could earn a better return in the stock market, but ROP policies offer a full death benefit as well as the possibility of a cash windfall if you outlive the term.

Given their intent, survivor life insurance policies can have incredibly high death benefits and you won't be limited if you need a fair amount of coverage.

If you need a large amount of coverage, simplified issue life insurance isn't ideal for you because most life insurance companies cap the death benefit at $ 100,000 (some companies offer as high as $ 500,000.)

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.

If the death benefit is significantly higher than what you are being offered, it might be best to hold on to the policy unless you absolutely need the funds and can no longer pay the premiums.

If the death benefit is $ 10 million, the annual premium will be much higher than that of a death benefit of $ 100,000.

Policies that build cash value have their place, but if the main objective is to get the highest death benefit for the lowest possible cost then typically a universal life, or guaranteed universal life is the way to go.

If your diabetes isn't controlled, you may have to look at a guaranteed issue life insurance policy which often comes with much higher premiums for your coverage with a lower total death benefit.

You could outlive your policy when you still need the coverage.The good part is if you need a high face amount otherwise known as your death benefit.

Yes, if the insured passes away, then the company pays a death benefit, but this is a fairly rare occurrence due to the high lapse rates.

If you need a high face amount otherwise known as your death benefit, Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

Along with a much higher premium, your policy would pay out no death benefit if you died within the first two years.

However, if the policy does not meet expectations then the owner would have to pay a higher premium and / or reduce the death benefit, or the coverage may lapse prematurely.

If you contribute $ 1,000 into a high cash value whole life insurance policy you will have a large death benefit far in excess of the money you put into it.

The good part is if you need a high face amount otherwise known as your death benefit.

If you need a high face amount otherwise known as a death benefit.

The good part is if you need a high face amount otherwise known as your death benefit, Maine Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium which will not put your finances in jeopardy.

If you need a high «face amount» otherwise known as a death benefit, Term life insurance will cost you the least amount of money so you can have a high face amount at an affordable premium.

If you deal with any of the below conditions, you will have to pay a higher premium and likely have to endure a reduced death benefit during the first two years.

This rider enables your spouse, if he or she is the sole primary beneficiary, to continue your policy upon your death as the new owner, at a potentially higher policy value that includes any amount that would be payable under the Enhanced Beneficiary Benefit Rider.

The good part is if you need a high face amount otherwise known as your death benefit, Minnesota Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

For examples, if you'll convert your insurance to a permanent life insurance, you have to be ready for a higher premium and less death benefits and cash value.

If the death benefit is significantly higher than what you are being offered, it might be best to hold on to the policy unless you absolutely need the funds and can no longer pay the premiums.

Also, if pass away, your beneficiaries are still paid the policy's face value — just like a standard term life insurance policy — but with the ROP rider your have paid higher premiums for the same death benefit.

In addition to a higher monthly premium, your policy will not pay out a death benefit if you pass during the first two years.

If death happens, the death benefit will be given to the nominee which and it will be higher of the aggregate premiums paid until death compounded @ 6 % annually or 105 % of total premiums paid till death

While it may be expensive, you'll get a higher death benefit and better terms than if you purchased a guaranteed issue life insurance policy.

If you purchase a variable life insurance policy with a $ 250,000 face value, your death benefit could be lower or higher based on how the investments your policy is tied to perform over time.

If death occurs, the benefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal Bdeath occurs, the benefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminalbenefit paid will be the higher of basic Sum Assured plus the Additional Death Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal BDeath Benefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any TerminalBenefit or 10/7 times the premium payable annually including the vested reversionary bonuses and any Terminal Bonus.

*** Death benefit would be higher of the sum assured or regular premium fund value PLUS higher of top - up premium sum assured or top - up premium fund value, if any, subject to policy terms and conditions.

Even if you have health issues and would have difficulty passing a medical exam, a large number of insurers offer no medical exam term policies that provide higher maximum death benefits.

In addition to higher premiums, insurance companies that issue guaranteed life policies protect themselves against risk in two additional ways: (1) by offering relatively low payouts, and (2) by typically not providing a death benefit during the first two years after issuing the policy (if the policyholder dies during this time, the company issues a refund of premiums instead).

The highest monthly recorded value becomes the death benefit amount when you die, even if the market value is currently less.

Currently, there is no way to adjust this death benefit so the policy will be no use if you have significant debts or are expecting high medical bills.

Accelerated death benefit rider allows you to get up to 50 % or higher of your death benefit up front if you have a terminal illness with 12 months or less of live expectancy.

Consider guaranteed universal life if you are more concerned about a death benefit and do not need high cash value growth.

If you need a high face amount otherwise known as a death benefit, Term life insurance will be able to purchased at the most reasonable premium so you can have the large face amount you need at an affordable premium that will not break your budget.

If you are going to need a high death benefit otherwise known as a face amount, Term will definitely be the cheapest life insurance you can buy.

Some of these features include access to the funds if the owner is confined to a nursing home, 10 % to 20 % free withdrawals each year for any reason, increased value as a death benefit, and higher interest earning guarantees while taking a fixed income stream that includes the ability to stop at any time and continue the annuity.

If you really want to provide for your family, your death benefit will be high enough to pay off the mortgage on the family home.