Sentences with phrase «in death benefit options»

As long as sufficient premium payments are made on a timely basis (exactly as illustrated), no unscheduled loans or partial withdrawals are taken, no increase in face amount or changes in death benefit options are made, and policy loan value does not exceed the policy's cash surrender value, the insurance coverage will remain in effect.

Changes in the Death Benefit Option may result in changes to the policy's Face Amount and may require evidence of insurability.

Changes in the death benefit option are available at no charge after the first policy year.

Changes in the death benefit option are available at no charge after the first policy year.

Changes in the Death Benefit Option may result in changes to the policy's Face Amount and may require evidence of insurability.

Not exact matches

Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

This new generation of indexed universal life insurance is... Built to be flexible: Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

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 been paiIn 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 paiin force and all due premiums have been paid.

You have the option to choose the number of years over which you will want the death benefit to be paid to your family in equal annual installments.

Two death benefit options available, which allow flexibility in duration of payouts depending on your financial outlook

Death Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custDeath Benefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cuBenefit Payable: In the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the customeIn the event of death, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath, provided the policy is in force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the customein force & all due premiums have been paid the death benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the cubenefit will be paid out as equal annual instalments for 15 years or 20 years depending on the death benefit option selected by the custdeath benefit option selected by the cubenefit option selected by the customer.

Borrower benefits: RISLA offers its borrowers options like loan forgiveness in the case of death or permanent disability, forbearance for up to 12 months for borrowers who go back to school, and co-signer release after 24 months of on - time payments

In addition, Sagicor's simplified issue whole life and universal life insurance policies have higher options for death benefits than you can find almost anywhere else.

In addition, Northwestern Mutual offers the option of paying a higher premium to guarantee the death benefit, an option that's not standard for most variable universal policies.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

Under option B, the death benefit grows in relation to the cash value.

You also have the option to split the death benefit equally or in specified percentages.

4 Only Death Benefit Option A is available when the Loan Extension Endorsement is in effect.

On top of the death benefit amount, this option allows any amount left in the policy fund to accumulate cash value and the total to be paid tax - free to the beneficiary.

a feature of certain debt instruments that allow for the estate of a deceased investor to «put back» or redeem that instrument without penalty; bonds that carry a survivor's option usually redeem for par value when the survivor's option is exercised; in either case the benefit of the survivor's option can not be realized unless the original investor in the asset has died; because investor mortality risk must be taken into account when underwriting assets that carry a survivor's option, these assets are more complex and expensive to issue; also known as a «death put»

As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)

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, an optional enhanced death benefit is also available if the annuity owner selects the life income option with a protected period at the time of policy issue.

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.

Universal life insurance structured under Option B is designed so that proceeds of the policy rise in value over time and equal the death benefit plus the cash value.

If the insured dies early in the policy's life, the death benefit paid to beneficiaries will be much lower than would be the case if option A was chosen.

One thing that seniors might consider is a single premium option which is a lump sum payment into a policy in return for a certain amount of death benefit.

A drawback of this option is that excess premiums must be paid in order to increase the death benefit.

Along with the death benefit and cash elements, the insured has the option to participate in investment vehicles like stocks.

When you purchase a life insurance policy, you'll be given the option of designating one or multiple beneficiaries to receive a death benefit in the case you pass away.

Life Insurance Benefit: In case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of neeIn case of the unfortunate event of death of the life insured, the nominee will receive Higher of (110 % of Sum Assured for Money Back option and 125 % of Sum Assured for Endowment option) or 11 times the base annualized Premium to support your child in a time of neein a time of need.

A comprehensive and flexible group term life insurance plan that includes a death benefit as well as the option of paying premiums in monthly instalments or as annual premiums.

Whole life insurance — a type of permanent policy — may be an option for people looking for a death benefit in addition to cash value that can be accessed while they are living.

The Trendsetter Super Series includes the option for an accelerated death benefit if you have over $ 50,000 in coverage, but you can add this feature as a rider for smaller policies.

Guaranteed universal life insurance is an attractive option for many that bridges that gap of financial insecurity, allowing policy holders to lock in a guaranteed death benefit and premium payments while providing flexibility and stability for households.

Some carriers offer guaranteed universal life insurance options and adjust the amount of the premium higher while making the policy amount lower, so that in addition to offering a guaranteed death benefit, the policy almost immediately begins to generate a larger cash value.

Contracts in which a Life Only payout option is selected do not provide a death benefit either prior to, or after, the designated start date.

Some investment - like options, such as using life insurance as an investment vehicle, have costs that cover the insurance (the death benefit) but very little in terms of management.

In gauging the costs and benefits of various energy options, the authors include the costs from illness and death linked to pollution from fossil fuels.

We work to secure the maximum level of benefits available in your wrongful death claim and consider all options for survivorship actions and exemplary damages.

However, in practice, the increasing death benefit option comes with a lot of risk.

AIG's Quality of Life Products are unique, in that they provide you with an array of options outside of traditional death benefits.

If your percentage of FEV1 is lower than 40 %, your options will most likely be a graded death benefits policy, which typically have 2 - 3 years that you have to outlive before the full death benefit is in effect.

This life insurance plan provides a death benefit if you should die, as well as tax - deferred growth of your account value, growth linked to a formula based on changes in an equity - index, flexible premium options, a variety of riders and waivers, and two death benefit options.

For spouses, this is an excellent option as it allows one to gain death benefit protection in the event of the death of the other while at the same time increasing the monthly pension payout at retirement.

A death benefit in the first year of about 3 percent of the total death benefit may not be enough to meet the immediate needs of your family or beneficiaries, so consider your true needs before choosing this option.

In addition to final expense whole life insurance, Senior Life Insurance Company also offers term life policy options, as well as accidental death benefit insurance.

Universal life insurance, also known as Flexible Premium Adjustable Life Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contract.

There are other uses for life insurance if you are age 70 or over, too, in addition to just death benefit options.