Sentences with phrase «insurance as a rider»

Accidental death insurance can also supplement standard life insurance as a rider.

Some companies attach long term care onto life insurance as a rider.

People who live in flood zones, for instance, can get flood insurance as a rider or separate policy.

Now that you have a detailed overview of cancer insurance plans, deciding on whether you want to have a standalone cancer insurance policy or would like a cancer cover to be included in your existing health insurance as a rider / add - on is solely at your discretion.

You may be able to add tornado insurance as a rider, which is add - on coverage.

Also, some health insurance policies allow you to add on life insurance as a rider.

You can purchase earthquake insurance as a rider to your mobile home policy in most cases.

Not exact matches

To smooth your claims process, be sure to document all of your belongings, particularly high - end valuables — such as art and jewelry — that may require an endorsement or rider from your insurance company.

AD&D insurance can be purchased as a standalone policy or as a rider to another life insurance policy, such as term life insurance.

A set amount of coverage is included as part of your group life insurance policy, similar to a rider.

Term life insurance policies are quite cheap and can come with a variety of riders offering such assistance as disability income, waiver of premiums, and an accelerated death benefit in the case you become permanently disabled.

This is why we would typically recommend accidental death and dismemberment insurance as a supplement or rider to traditional life insurance, but not as a standalone policy.

Riders are useful as they allow you to tailor your life insurance policy and gain certain benefits that aren't available with the standard coverage.

A return of premium rider is particular to term life insurance products as it allows you to recoup a portion (or all) of the premiums paid if you live past the full term.

«We had a basic difference of opinion regarding the minimum levels of insurance that would be required on the riders as well as the transportation network companies,» Seward said.

Coverage will be provided as a rider to an employer's existing disability insurance policy and will be funded though a payroll deduction.

Sometimes it is offered as an optional protection (also called a rider) for a home insurance policy that can be added - on for a small monthly fee.

Below, we highlight a few notable motorcycle insurance companies that perform particularly well in specific areas as well as one that is a great all - around choice for any motorcycle rider.

The coverage provided by the rider can be converted to a permanent policy as long as a plan of insurance is available at the additional insured's current age.

In addition, there is a long list of optional coverages, such as comprehensive and collision insurance, that are available for riders to purchase.

To estimate average rates, our study used a male, 45 - year - old sample rider and gathered quotes from as many as five major motorcycle insurance carriers in each state.

Whether you're an occasional - rider or use your motorcycle daily, motorcycle insurance helps to protect both your bike as well as your liability while on the road.

It also means that while under the «builder's risk» rider any sewer back - up or water claim is not covered and you must adhere to all the insurance company's mandatory and suggested requirements, such as draining the water pipes and shovelling snow.)

AD&D insurance can be purchased as a standalone policy or as a rider to another life insurance policy, such as term life insurance.

A set amount of coverage is included as part of your group life insurance policy, similar to a rider.

Also known as riders, they help round out a life insurance policy and customize it for your specific need.

Among the various types of permanent life insurance, long term care riders are available for both dividend paying participating whole life and universal life insurance products such as indexed universal life and variable life insurance.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as rRiders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as ridersriders.

Absolute return is 13 % as per ICICI but I am not happy with returns but stayed with it because of 5 lakhs life insurance + 5 lakh accident death & disability rider.

Water - caused by plumbing failure, appliance failure, fire sprinklers or other accidental discharges of water (You can purchase flood insurance as a separate rider to your renters insurance policy.)

ANICO Whole Life offers several different riders, such as Accelerated Benefit Riders, Guaranteed Insurance Option Rider, Paid up Additions Rider, Disability Premium Waiver, ANICO Signature Term Rider and Children's Term riders, such as Accelerated Benefit Riders, Guaranteed Insurance Option Rider, Paid up Additions Rider, Disability Premium Waiver, ANICO Signature Term Rider and Children's Term Riders, Guaranteed Insurance Option Rider, Paid up Additions Rider, Disability Premium Waiver, ANICO Signature Term Rider and Children's Term Rider.

As an example, some life insurance companies may only allow you to convert up to 5x the original face amount of the rider.

The business value protection rider allows owners to increase the death benefit as the value of the business increases, which may be suitable for buy - sell agreements and key person insurance.

This rider is also known as paid - up additional insurance and is available on participating whole life insurance policies.

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).

Riders are useful as they allow you to tailor your life insurance policy and gain certain benefits that aren't available with the standard coverage.

Long - term care riders have been especially attractive products in the last few years, with several life insurance companies pushing them as «hybrid products.»

And the majority of parents buy life insurance on their kids as a term life child rider.

Sometimes sold as a separate product, the critical illness rider acts as insurance against a catastrophic health crisis.

This optional rider allows your kid to opt for more life insurance at specific ages and after certain life events, such as marriage and having a child of their own.

A return of premium rider is particular to term life insurance products as it allows you to recoup a portion (or all) of the premiums paid if you live past the full term.

In the event that you require long - term medical care in old age that your health insurance policy won't pay for, such as nursing home costs or at - home care, a long term care rider on your whole life insurance policy will cover the costs.

Other topics include credit car rental car coverage, how to add «riders» to policies, the privacy implications of «pay - as - you - drive» insurance, increased FDIC deposit insurance, rental insurance and news of a new insurance web site created by Consumer Action.

This is generally not offered as part of a typical homeowners insurance policy and must be purchased as an endorsement, or rider, or as a separate earthquake policy.

Ask your agent about options for a renewable term policy, as well as policy riders that include allowing you to purchase additional insurance at a future date regardless of your health, or converting a portion of your term into a permanent policy.

Medical payments claims can be filed no matter who is at fault for an accident and act as supplemental coverage if a rider meets their health insurance coverage limit.

Term insurance with ADB rider: If death happens due to an accident, basic sum assured + sum assured selected under ADB rider, both put together will be paid as claim amount to the nominee.

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.,)

So, our evaluation of the best whole life insurance companies tends to FAVOR those companies that offer the most benefits for maximum cash value accumulation through additional riders, such as paid - up additions.

When you are ready to compare term life insurance quotes, Quotacy is here to teach you about your options, such as convertible term life insurance and the multiple riders you can add to your policy.