Sentences with phrase «illness rider if»

Life insurance with long term care rider or chronic illness rider if co-owner is diagnosed as chronically ill or with a severe cognitive disorder.

Not exact matches

A critical illness rider is similar, but offers the option of taking an early payout if you are diagnosed with a chronic illness that requires intense care over an extended period of time.

This rider allows you to receive a portion of your policy's death benefit while you're still alive if you've been diagnosed with a terminal illness (meaning less than 12 months to live).

The accelerated death benefit rider (included at no extra cost) allows you to receive a portion of the death benefit if you're diagnosed with a terminal illness.

Critical illness riders are also an option, covering you if you are diagnosed with certain cancers or other sicknesses defined in the policy.

This rider would allow you to receive up to $ 400,000 or 25 % of your policy's death benefit (whichever is less) if you contracted a terminal or chronic illness.

If you have a qualifying terminal illness, the rider kicks in and your life insurance company will pay you a lump sum from your death benefit of anywhere between 25 and 80 percent.

The accelerated death benefit rider comes in handy if you are diagnosed with a terminal illness and, depending on the policy, have less than one to two years to live.

It basically acts as a chronic illness rider, allowing you to tap into your policy's death benefit if you are diagnosed with a qualifying chronic illness.

Accelerated Death Benefit Riders — allows access to a percentage of your death benefit or if you have an eligible terminal illness or chronic illness.

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.

For example, the AB rider for terminal illness is available if you are diagnosed terminally ill with 24 months (12 in some states) to live.

Critical Illness Benefit Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional rider will pay you a lump sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major iIllness Benefit Rider: covering qualifying critical illnesses such as heart attack, stroke and cancer, this optional rider will pay you a lump sum of $ 20,000 up to $ 150,000 if you are diagnosed with a qualifying major illnessillness.

The policy includes an accelerated death benefit rider which will pay you a lump sum if you are diagnosed with a qualifying terminal illness.

With the growing costs associated with long term care (LTC), having either a long term care or chronic illness rider can provide financial relief if you have need to LTC.

The Legalese A life insurance policy with a critical illness rider will pay out a lump - sum benefit to the insured if they are diagnosed with a covered critical condition (such as cancer, stroke, or a coma).

A critical illness rider is similar, but offers the option of taking an early payout if you are diagnosed with a chronic illness that requires intense care over an extended period of time.

On the other hand, if you choose to buy their online term policy, MetProtect, it would have cost you less, however, the critical illness cover or for that matter any rider option would not be available with this plan.

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.

However, Prudential's chronic illness rider does offer fantastic financial protection and is an alternative for someone who wants some «what if» insurance, in case you are diagnosed with a chronic illness down the road.

They also offer an accelerated death benefit rider that enables you to receive at least some of your insurance proceeds while you are still alive, and if you are diagnosed with a terminal illness.

The rider provides the ability for you to obtain a monthly benefit by accelerating the policy's death benefit to pay for qualified long - term care expenses if your are diagnosed with a qualifying chronic illness.

If not for riders, do you recommend term insurance + critical illness + personal accident / disability cover?

If you are diagnosed with a terminal illness, for example, an accelerated death benefit rider allows you to collect some or all of your death benefits right away.

Additionally, American General offers an accelerated death benefit rider that enables you to receive at least some of your insurance proceeds while you are still alive if you are diagnosed with a terminal illness.

A critical illness rider offers a lump - sum benefit to cover healthcare and other costs if you have a critical illness (such as cancer, kidney failure, end - stage lung disease, or other life - threatening condition).

The policy can also include a terminal illness rider, which allows the insured to receive a portion of the policy's death benefits if he or she becomes terminally ill.

If you are diagnosed with a chronic illness or severe cognitive impairment (Alzheimer's, Dementia), the rider allows you to accelerate a portion of your death benefit to be used either as reimbursement or cash indemnity.

With a chronic illness rider, if you qualify for the benefit, you can access a portion of your death benefit in advance.

Chronic Illness and Terminal Illness Riders: you can receive an early portion of your death benefit if you are diagnosed with a qualifying chronic or terminal iIllness and Terminal Illness Riders: you can receive an early portion of your death benefit if you are diagnosed with a qualifying chronic or terminal iIllness Riders: you can receive an early portion of your death benefit if you are diagnosed with a qualifying chronic or terminal illnessillness.

Depending on the insurance company, you can access virtually all your death benefit in advance if you qualify for the chronic illness rider.

If you qualify for your cash indemnity benefit from your chronic illness rider, you can access the lesser of 2 % of your death benefit monthly or 24 % annually or up to the IRS per diem limit, currently $ 360 daily ($ 131,400 annually) for 2017, with maximum lifetime benefit of $ 2,000,000.

Life insurance with chronic illness rider provides fixed premium payment with an additional rider that can be accessed if you are diagnosed with a qualifying chronic illness.

Riders can be purchased to accelerate your death benefit and pay you out for medical expenses if you have a terminal illness but haven't passed away yet.

Accelerated Access Solution — if you suffer a qualifying illness, this rider allows you to access your death benefit without being taxed.

Typically, terminal life coverage is added as a rider to standard life insurance policies and the cost is generally minimal if the policy holder has yet to be diagnosed with a terminal illness.

You also have the option of adding the Chronic Illness Plus rider, which allows 100 % of the death benefit to be accessed if you qualify.

For instance, if you are diagnosed with a terminal illness, an accelerated death benefit rider lets you obtain all or some of your death benefits immediately.

For example, the Waiver of Premium rider will waive all premiums should you become totally disabled while the Accelerated Benefit rider allows for a portion of the death benefit to be received early if you experience a terminal illness.

Transamerica's terminal illness rider protects the insured if they are diagnosed with a terminal illness and have less than a year to live.

And if you should suddenly suffer a serious ILLNESS, with certain riders (additional benefits) your policy can offer financial support at a critical time.

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.

With the accelerated benefit rider, the policyholder can receive up to 75 % of the death benefit if they have been diagnosed with a terminal illness or have been forced into moving to a care home.

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.

This rider kicks in if you are diagnosed with a terminal illness that is expected to cause death in 12 months or less.

The other component of the rider is that it pays out up to 75 % of the death benefit, while the insured is living, if he or she is diagnosed with a terminal illness.

Riders can be purchased to accelerate your death benefit and pay you out for medical expenses if you have a terminal illness but haven't passed away yet.

If there is a chance of the partner or co-owner recovering, he or she may not qualify for the chronic illness rider.

Accelerated Access Solution: if the insured suffers from a qualifying chronic illness, this life insurance rider will provide monthly payments until the death benefit has been exhausted.

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.