Sentences with phrase «illness rider gives»

A critical illness rider gives you a lump sum of money when you (policy holder) suffer a critical illness such as cancer, heart attack or a stroke.

The Critical Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed with a heart attack, stroke, cancer, renal failure, major organ transplant or ALS.

The Terminal Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed as terminally ill with a life expectancy of one year or less.

The Chronic Illness rider gives you the option to accelerate a portion of your death benefit early if you are certified by a physician as being unable to perform at least two ADLs or activities of daily living (bathing, continence, dressing, eating, toileting, transferring) or if you require substantial supervision due to severe cognitive impairment.

Not exact matches

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.

Luckily, she paid for a critical illness rider on her life insurance policy, which gave her enough money to cover her hospital bills and buy a new bike.

Taking the case of Metlife Insurance, if you decide to buy their offline term insurance product, Met Suraksha Plus, it will give you an option to add riders like critical illness cover and additional accidental death cover which are available to you at a nominal rate.

Waiver of Premium is an additional provision (sometimes also called a rider) in most Life Insurance policies which allows to stop paying premiums after the insured person has been disabled for a given period of time (usually six months) due to an illness or an injury.

This rider gives you the option to get paid a portion of your policy's death benefit while you are still alive if you are diagnosed with a terminal 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.

Luckily, she paid for a critical illness rider on her life insurance policy, which gave her enough money to cover her hospital bills and buy a new bike.

Group Critical Illness Rider: An add on rider that can be opted along with your group insurance plan that gives you added financial protection in case of a critical iIllness Rider: An add on rider that can be opted along with your group insurance plan that gives you added financial protection in case of a critical illnessillness.

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 insurance comes with an accelerated death benefit rider which pays out early if the insured is diagnosed with a terminal illness and given less than 12 months or if the insured is confined to a nursing home for more than 90 days and is expected to remain confined for the duration of the insured's life.

This is a rider that give you a percentage of your coverage amount if you are diagnosed with a terminal 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.

A critical illness insurance rider gives the sum assured to the life insurance policy holder on diagnosis for the purpose of treatment.

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.

Much like the accelerated death benefit rider, the critical illness will give you a proton of your coverage amount, except in the event of a critical illness.

Riders like critical illness cover, accident death or disability cover, hospital cash etc. gives you additional benefits under insurance policy.

If you are interested in long term care life insurance quotes or life insurance with chronic illness rider quotes, please enter your information below or give us a call today.

Taking the case of Metlife Insurance, if you decide to buy their offline term insurance product, Met Suraksha Plus, it will give you an option to add riders like critical illness cover and additional accidental death cover which are available to you at a nominal rate.

For example, riders can give you access the death benefit early in the case of chronic illness and mounting medical expenses.

There are various riders (additional benefits) such as accidental death benefit, permanent disability rider and critical illness rider that could give a boost to your term plan.

With your Term Life Insurance Plan you may opt for additional coverage or riders like Accidental Death Benefit, Disability rider, Income benefit Rider, Critical Illness rider, etc. to give you added protection along with your base policy.

If you were to ever be diagnosed with a terminal illness and be given 12 months or less to live (depending on state policies), this rider would allow you to access a portion of your policy's eligible death benefit.

Living Benefits Rider: If you were to ever be diagnosed with a terminal illness and be given 12 months or less to live (depending on state policies), this rider would allow you to access a portion of your policy's eligible death benefit.

She also has the option of opting for a Critical Illness rider, which would give her a lump sum pay - out in case she was diagnosed with a major disease, such as Ovarian Cancer.

Three riders give the policyholder an immediate payment of sum assured in case of being diagnosed with a critical illness.

With your Life Insurance plan, you may opt for additional coverage or riders like Accidental Death Benefit, Disability rider, Income benefit rider, Critical Illness rider, etc. to give you added protection along with your base policy.

But how do I assess which is the best plan that will give me riders such as accidental death, permanent disability and critical illness.

I want to have 30 lac coverage of normal death and Permanent disability 50 lac coverage of accidental including normal reasonable amount for critical illness and also other riders which gives other benefit part of Term plan

More value to be given for high number of illness riders.

• A long - term care rider, or «accelerated death benefit» that gives policyholders access to the cash from the death benefit while they are still alive if they have been diagnosed with a terminal illness.