Sentences with phrase «illness benefit amount»

In addition to the Sum Insured, a Critical Illness Benefit amount varies from Rs 2 lakhs, RS 3 lakhs, Rs 5 lakhs and Rs 10 lakhs.
any CoverMe Critical Illness benefit amount with the Return of Premium Option, you must be 18 - 55 years of age.
The policyholder may elect 10 % or 25 % of the total face amount as the critical illness benefit amount with a maximum benefit amount of $ 250,000.

Not exact matches

Qualifying chronic illnesses do not need to be permanent and the maximum amount that can be accelerated has been increased to $ 2 million (lifetime maximum for all benefits).
Qualifying chronic illnesses no longer need to be permanent and the maximum amount that can be accelerated has increased to $ 2 million (lifetime maximum for all three benefits combined per policy).
... we define a psychobiotic as a live organism that, when ingested in adequate amounts, produces a health benefit in patients suffering from psychiatric illness.
a live organism that, when ingested in adequate amounts, produces a health benefit in patients suffering from psychiatric illness.
As the most researched probiotic strain, Lactobacillus rhamnosus GG has a large amount of evidence supporting its benefits in the treatment of illness.
The regular amount of exercise provides many benefits to the body and keeps you better protected from illness and disease.
Includes a terminal illness benefit - if you are diagnosed with a terminal illness and your life expectancy is less than 12 months, your cover amount will be paid out
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.
In case of occurrence of any of listed Critical illness, the Benefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beeBenefit (as chosen during inception) will be payable to you as a lump sum amount, irrespective of the death benefit payout option chosen, subject to policy being in force and all due premiums have beebenefit payout option chosen, subject to policy being in force and all due premiums have been paid.
Additional insurance coverage exceptions include: insurance that provides liability benefits, fixed amounts per day for hospitalization, or for a specific illness or disease.
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.
This «living benefit» allows the insured to receive 75 percent of the policy's face amount in advance — up to a maximum dollar amount of $ 750,000 — in the event of a terminal illness diagnosis that will likely result in death within 24 months.
With Trendsetter LB, any of these conditions will allow you to accelerate your death benefit, though the amount depends on the severity of your illness.
With this policy, you can only accelerate death benefits if you get a terminal illness and the amount is limited to $ 250,000 or 75 % of your death benefit (whichever is smaller).
Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement Rider is the face amount of your policy minus a 6 % charge.
An optional add - on life insurance benefit that allows the insured to receive partial payment of the policy's face amount before dying in the case of terminal illness or injury.
Older dogs will also benefit from extra enzymes as the amount of enzymes produced in the body declines with age and this is partly responsible for age related illness and debilitation.
The amount and duration of your benefits depends on the seriousness of your injury or illness.
All approved claims will receive a payment guaranteed to be 40 % of the death benefit amount accelerated (for example, 40 % of $ 50,000 = $ 20,000), less any amounts needed for debt repayments — regardless of the type of specified medical condition event, policy age, gender or severity of illness.
For a chronic illness claim, the minimum accelerated death benefit amount per election, except the final election, is 5 % of the death benefit on the initial election date or $ 50,000, whichever is less.
The policy includes an accelerated death benefit, which provides up to $ 500,000 or 75 % of the face amount in advance if the insured is diagnosed with a qualifying terminal illness.
An optional add - on life insurance benefit that allows the insured to receive partial payment of the policy's face amount before dying in the case of terminal illness or injury.
If you're diagnosed with a terminal illness and given a life expectancy of 24 months or less, you may access half of your benefit amount.
Accelerated Death Benefit Rider: This allows you to receive up to 75 % of your death benefit or $ 500,000, whichever is the lesser amount, should you incur a terminal iBenefit Rider: This allows you to receive up to 75 % of your death benefit or $ 500,000, whichever is the lesser amount, should you incur a terminal ibenefit or $ 500,000, whichever is the lesser amount, should you incur a terminal illness.
Critical Illness Payment: Any accelerated death benefit payment a policy owner receives will be less than the amount of the death benefit that is accelerated — because the benefit is paid prior to the insured's death.
As you can see, this is a complex subject; however, at its core, the benefit amount is straightforward: It is the maximum amount from your disability insurance policy that you're entitled to monthly, should you suffer an illness or accident that prevents you from working.
The minimum terminal illness accelerated death benefit amount is 10 % of the death benefit or $ 100,000, whichever is less on the election date.
Health Benefit Insurance is accident and illness indemnity insurance that, unlike major medical, pays you a set amount of money to help pay costs incurred due to specific covered medical conditions or services with doctors and hospitals.
If you're diagnosed with a terminal illness and given a life expectancy of 12 months or less (24 months in Illinois and Texas), you can access half your benefit amount.5 (Not available in Massachusetts and Washington)
J. RETURN OF MORTAL REMAINS — In the event of the death of the Insured Person during the Period of Coverage as a result of an Illness or Injury covered under this insurance while the Insured Person is outside of his / her Home Country, the Company will reimburse the authorized personal representative or the estate of the Insured Person up to the amount shown in the Schedule of Benefits / Limits for the costs and expenses incurred to return the Insured Person's Mortal Remains to his / her Home Country and thereafter to the place of burial or other final disposition (but not including any costs of burial or other disposition); provided, however, that the Company must coordinate and approve all costs and expenses related to the return of the Insured Person's Mortal Remains in advance as a condition to the availability of this benefit; or up to the amount shown in the Schedule of Benefits / Limits for preparation, local burial or cremation of the Insured Person's mortal remains at the place of death in accordance with the commonly accepted cultural and religious beliefs practiced by the Insured Person.
When you purchase the CoverMe Critical Illness plan with the Return of Premium Option and you reach your 75th birthday without making a claim, Manulife will reimburse all the premiums you paid — up to 100 % of your benefit amount.
The benefit allows current policyholders that have been diagnosed with a terminal illness the opportunity to receive a portion of the insurance amount (currently 75 % of the death benefit up to $ 1,000,000) prior to death.
Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement Rider is the face amount of your policy minus a 6 % charge.
Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requiBenefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requibenefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.
There are two broad categories of healthy insurance — Benefits Policies and Indemnity policies: a.) Benefits Policies It is mostly traditional health insurance policies where you can claim pre-determine «sum insured» amount in the event of accident or treatment of any illness, diseases, etc..
Medical costs covered under the plan include hospitalization charges, ICU treatment, costs of 10 critical illnesses and surgeries as a fixed benefit amount, irrespective of the actual billing.
This add on allows you to receive up to 50 % of your death benefit amount if you are diagnosed with a terminal illness.
Conversely, if a policy includes a chronic illness benefit, the insured will be paid a monthly amount of funds if they are deemed to be chronically ill, and they are also not able to perform at least two activities of daily living, or ADLs.
The insured can access the entire death benefit in a short amount of time to help pay for a chronic illness.
Accelerated Benefits Rider — This excellent rider pays out a portion of the policy face amount if the insured is diagnosed with a terminal illness that only gives them six months or less to life.
Accelerated Benefit rider is available on Ultra Protector I and II allowing up to 50 % of face amount to be paid to the insured if he or she is diagnosed with a terminal illness.
The stated benefit amount will be paid for no more than one illness in each category.
Platinum boasts multiple new features at no additional cost, including a return of premium rider, guaranteeing the policy's cash surrender value will never be less than the premium payment; accelerated benefit riders for chronic illness, critical illness, and terminal illness; and a charitable giving rider, a unique feature that provides an additional death benefit of 1 percent of the policy face amount to the applicant's charity of choice.
The Terminal Illness Benefit outlines that if you are diagnosed with a terminal illness, American General Life Insurance Company will provide 50 % of your death benefit amount while you are alive less any policy loan balance and and administratiIllness Benefit outlines that if you are diagnosed with a terminal illness, American General Life Insurance Company will provide 50 % of your death benefit amount while you are alive less any policy loan balance and and administratiBenefit outlines that if you are diagnosed with a terminal illness, American General Life Insurance Company will provide 50 % of your death benefit amount while you are alive less any policy loan balance and and administratiillness, American General Life Insurance Company will provide 50 % of your death benefit amount while you are alive less any policy loan balance and and administratibenefit amount while you are alive less any policy loan balance and and administrative fee.
For the Accelerated Death Benefit for Chronic Illness Rider, the amount of death benefit that's accelerated, plus any accrued interest, will be secured by a lien against the base policy death bBenefit for Chronic Illness Rider, the amount of death benefit that's accelerated, plus any accrued interest, will be secured by a lien against the base policy death bbenefit that's accelerated, plus any accrued interest, will be secured by a lien against the base policy death benefitbenefit.
Benefit - based health plans on the other hand, pay a fixed amount upon the diagnosis of a critical illness.
Critical Illness insurance policy is a benefit policy that provides a lump - sum amount on diagnosis of the covered illness for the firsIllness insurance policy is a benefit policy that provides a lump - sum amount on diagnosis of the covered illness for the firsillness for the first time.
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