Sentences with phrase «in addition to providing a death benefit»

In addition to providing a death benefit, whole life policies accrue cash value.
This type of policy has a number of benefits as a life insurance solution, and can be used as a savings and investment tool in addition to providing death benefits to your beneficiaries.
In addition to providing death benefits, some policies also accrue a cash value that you can collect at any time if the need arises.
In addition to providing death benefits to your beneficiaries, some life insurance policies also build up a cash value.
Whole life insurance policies (a type of permanent insurance) build cash value in addition to providing a death benefit.
In addition to providing a death benefit, a whole life policy can build cash value, which accumulates tax deferred.
Also, in addition to providing a death benefit, these policies will also build up cash value.
In addition to providing death benefits, this type of policy has a cash value savings or investment component that can be cashed it at any time.
In addition to providing death benefits, some policies also accrue a cash value that you can collect at any time if the need arises.
The living benefits of life insurance policies can be an important part of fulfilling this responsibility, in addition to providing a death benefit if the worst were to occur.
Whole life insurance policies (a type of permanent insurance) build cash value in addition to providing a death benefit.
In addition to providing death benefits to your beneficiaries, these policies serve as an investment vehicle and hold a cash value.
In addition to providing a death benefit, many child's life insurance policy options will provide cash value, so that the child can begin to build up a tax - deferred savings account.
In addition to providing a death benefit, whole life also contains a savings component where cash value may accumulate.
One of the benefits of a permanent life insurance policy (whole life or universal life) is that, in addition to providing a death benefit, it can also accumulate a cash value, which can be accessed in later policy years.
Now in addition to providing a death benefit because their whole life contracts these policies generate significant living values.
In addition to providing a death benefit, whole life insurance also has a cash value component.
In addition to providing a death benefit, whole life policies accrue cash value.
Permanent life insurance policies build a cash value (sometimes known as a cash - surrender value) over time in addition to providing a death benefit to beneficiaries.
Permanent life insurance: This long - term policy includes an investment component and can cover retirement expenses in addition to providing a death benefit.

Not exact matches

In addition, variable annuities can provide guaranteed income you can't outlive, as well as offer a death benefit to help you provide for your beneficiaries.
This is similar to the long term care rider mentioned above, but in this case the payment received comes out of the death benefit instead of being provided in addition.
With regard to permanent life insurance with a guaranteed insurability option, this feature, in addition to the customary death benefit, may provide a financial cushion for children well into their adult years.
In addition to protecting the income stream, deferred annuity contracts provide death benefit protection in the event the owner dies prior to receiving payments, and this is a safeguard when deferring payments to obtain the tax advantageIn addition to protecting the income stream, deferred annuity contracts provide death benefit protection in the event the owner dies prior to receiving payments, and this is a safeguard when deferring payments to obtain the tax advantagein the event the owner dies prior to receiving payments, and this is a safeguard when deferring payments to obtain the tax advantages.
In addition to death benefits, many policies also offer savings components to provide an extra sum of liquidity if needed.
In addition to providing a guaranteed death benefit for life, typically with guaranteed level premiums for life, whole life policies develop significant guaranteed cash values over time which the policyholder can access.
In addition to providing cash to your heirs in the event of your death, this death benefit gives universal life insurance policies their tax - free statuIn addition to providing cash to your heirs in the event of your death, this death benefit gives universal life insurance policies their tax - free statuin the event of your death, this death benefit gives universal life insurance policies their tax - free status.
That means that, in addition to covering your life, your life insurance policy will provide a death benefit in the case that one of your children passes away.
Make sure that at least one life insurance provides health insurance benefits in addition to the death benefits.
In addition to those expenses, plaintiffs in wrongful death lawsuits may also be compensated for the loss of income and benefits the victim provideIn addition to those expenses, plaintiffs in wrongful death lawsuits may also be compensated for the loss of income and benefits the victim providein wrongful death lawsuits may also be compensated for the loss of income and benefits the victim provided.
Secure Lifetime GUL 3 provides guaranteed death benefits in addition to modest cash value potential.
Permanent policies are completely different from Term Life because it provides cash value in addition to a death benefit.
2) Simplified Issue Universal Life (UL)-- Similar to the above, except that in addition to providing the applicant death benefits, this type of policy also provides a cash value accumulation portion.
In addition to providing a guaranteed death benefit for life, typically with guaranteed level premiums for life, whole life policies develop significant guaranteed cash values over time which the policyholder can access.
That means that, in addition to covering your life, your life insurance policy will provide a death benefit in the case that one of your children passes away.
In addition to protecting your loved ones upon your death, it also provides financial living benefits you can use as you see fit.
In addition to the death benefit also provided by term - life insurance, permanent insurance also accumulates cash value.
In addition to signing over the death benefit proceeds, there are also other ways in which you can provide financial benefits to your favorite charity through your life insurance policIn addition to signing over the death benefit proceeds, there are also other ways in which you can provide financial benefits to your favorite charity through your life insurance policin which you can provide financial benefits to your favorite charity through your life insurance policy.
In addition to just the death benefit options, life insurance can also provide retirees with income solutions as well.
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 insteadIn 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 insteadin 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).
In addition to the medical insurance, it also provides many other valuable benefits such as emergency medical evacuation, repatriation of remains, loss of checked luggage, accidental death & dismemberment, identity theft assistance, political evacuation, natural disaster, terrorism coverage, trip interruption, incidental and end of trip home country coverage and many more.
In addition to providing liquidity upon an insured's death, life insurance can also offer «living benefits
A stream of income even when you are not there extra life income option in addition to the steady income provided by the income option an additional lump sum and income benefit upon death due to the accident is provided in this plan.
So in addition to providing benefits which can be used to pay for burial and funeral expenses in the event of an unexpected death, juvenile life insurance can also be used as an investment vehicle.
In addition to protecting the income stream, deferred annuity contracts provide death benefit protection in the event the owner dies prior to receiving payments, and this is a safeguard when deferring payments to obtain the tax advantageIn addition to protecting the income stream, deferred annuity contracts provide death benefit protection in the event the owner dies prior to receiving payments, and this is a safeguard when deferring payments to obtain the tax advantagein the event the owner dies prior to receiving payments, and this is a safeguard when deferring payments to obtain the tax advantages.
In addition to just providing a death benefit, however, this indexed universal life insurance policy will also credit interest to a cash value component of the policy that is based on the performance of an underlying index such as the S&P 500.
In addition to that, it comes with an accident death benefit rider, which provides for an extra amount equal to accident death benefit sum assured on death due to accident.
Whole life insurance provides lifetime protection at fixed periodic premiums and builds cash value in addition to your death benefit.
The death benefit that an insurance policy provides is meant to replace income so that the policyholder's family is less likely to have to face a major lifestyle change in addition to dealing with the loss of someone who is very important to them.
A supplementary life insurance policy benefit that provides a death benefit in addition to the policy's basic death benefit if the life assured sustains any bodily injury resulting solely and directly from an accident caused by outward, violent and visible means and where such injury solely and directly and independently of all other causes results in the death of the life assured within 180 days of its occurrence.
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