After a certain amount of time, stipulated in the policy, the accumulated cash can be used for loans or other purposes while you are living, or can be
an increased death benefit to your beneficiaries.
Not exact matches
Your policy's
beneficiary will receive an
increased death benefit with this rider, if you would die due
to an accident.
CT lung cancer screening is deemed an Essential Health
Benefit, covered by many private health insurers, while Medicare
beneficiaries have lesser access
to these exams and
increased risk of lung cancer
death due
to lack of coverage.
Your policy's
beneficiary will receive an
increased death benefit, if you die due
to an accident.
Benefits increase 5X in case of accidental
death If you die as the result of an accident (as defined in your policy) before age 85, your
beneficiary will be eligible
to receive five times your coverage amount.
With
increasing death benefit life insurance, the
death benefit will be available
to fund the tax obligation, allowing you
to transfer the maximum value of your net worth
to your
beneficiaries.
Your NYL UL and NYL SUL policies have the potential
to earn cash value, which can
increase the
death benefit your
beneficiaries receive.2 Provided it's sufficient, your cash surrender value can be accessed through policy loans and partial surrenders1, 3
to buy a home, fund a child's education, or supplement retirement income.
While paid - up additions
increase the
death benefit received by your
beneficiaries, they are often used primarily
to increase a policy's cash value.
Your policy's
beneficiary will receive an
increased death benefit with this rider, if you would die due
to an accident.
Your policy's
beneficiary will receive an
increased death benefit with this rider, if you die due
to an accident.
Benefits increase 5X in case of accidental
death If you die as the result of an accident (as defined in your policy) before age 85, your
beneficiary will be eligible
to receive five times your coverage amount.
Perhaps you want
to increase the level of the
death benefit or change the name of the
beneficiary.
Your policy's
beneficiary will receive an
increased death benefit, if you die due
to an accident.
Your NYL UL and NYL SUL policies have the potential
to earn cash value, which can
increase the
death benefit your
beneficiaries receive.2 Provided it's sufficient, your cash surrender value can be accessed through policy loans and partial surrenders1, 3
to buy a home, fund a child's education, or supplement retirement income.
Your policy's
beneficiary will receive an
increased death benefit with this rider, if you die due
to an accident.
This can
increase the amount of
death benefit coverage that is paid out
to the
beneficiary, provided that the insured dies as a result of injuries that were sustained in a covered accident.
Your policy's
beneficiary will receive an
increased death benefit with this rider, if you would die due
to an accident.
By locking the One - Year Enhanced
Death Benefit Rider in at the highest annual contract anniversary, you may be able
to increase the value of your variable annuity for your
beneficiaries.
By locking the One - Month Enhanced
Death Benefit in at the highest monthly contract anniversary, you may be able
to increase the value of your variable annuity for your
beneficiaries.
Determining amounts
to be received by multiple
beneficiaries should be done as a percentage of the amount
to be dispensed at the time of expiry since the
death benefit of permanent policies may change as their cash values
increase or decrease over time.
What they do not tell you is that your
death benefit increases proportionately
to the cash value, so, if you do not take out the cash value during life, your
beneficiaries will receive it.
If the company discovers you lied about a health condition or lifestyle, it can
increase your premium, cancel your policy and / or deny a
beneficiary's claim
to the
death benefit.
Split dollar insurance: An arrangement between two people (often an employer and an employee) where life insurance is written on the life of one who also names the
beneficiary of the net
death benefits (
death benefits less cash value), and the other is assigned the cash value (or equivalent amount of
death benefits), with both sharing the premium payments (usually the noninsured paying a portion equal
to the
increase in cash value each year and the insured paying the balance of the annual premium).
However, an ADB
increases premium charges, and using it decreases the
death benefit payable
to your
beneficiaries by a certain percentage.
It will
increase your monthly premium; however it will pay at least double the
death benefit to your
beneficiaries if you die an accidental
death, or are disabled due
to the loss of limbs or eyesight.