Sentences with phrase «least amount of death benefit»

If the goal is maximum cash value accumulation for a tax - free retirement income it is extremely important the policy is properly structured with the least amount of death benefit possible.

Not exact matches

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.

If you need a high face amount otherwise known as your death benefit, Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

Are you concerned about paying the least you can for the amount of the death benefit or are you concerned about maximizing the cash accumulation?

Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.

The good part is if you need a high face amount otherwise known as your death benefit, Maine Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium which will not put your finances in jeopardy.

(If however, the insured remains alive for at least two more years, the beneficiary will receive the full amount of the death benefit after that).

If you need a high «face amount» otherwise known as a death benefit, Term life insurance will cost you the least amount of money so you can have a high face amount at an affordable premium.

The good part is if you need a high face amount otherwise known as your death benefit, Minnesota Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

Since it is for a temporary amount of time, and it pays only a set death benefit, term life is the least expensive type of insurance to buy.

It is for this reason that the premium for term coverage is typically less than that of permanent life insurance plans with a comparable amount of death benefit coverage — at least initially.

These are: • Death benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contDeath benefits deemed on not to increase • The maturity date payable • Death benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contDeath benefits that should be provided right after the maturity date is being determined • The sum amount of the total endowment benefit which includes the cash value surrendered within the maturity date that should not the very least exceed the amount payable as death benefit within the span of the contdeath benefit within the span of the contract.

Because the death benefit remains the same for both types of insurance, you will have to name at least one beneficiary who will receive the death benefit amount after you pass away.

The good part is if you need a high face amount otherwise known as your death benefit, Nebraska Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

The guideline premium test requires a policy to have at least a minimum amount of at - risk death benefit (insurance that exceeds the cash value).

The good part is if you need a high face amount otherwise known as your death benefit, low cost Term life insurance will cost you the least amount of money so you can have a high face amount at a very affordable premium.

The death benefit will always be at least 105 % of the total premium amount paid as on the date of death.

I know that if I live to be 99, I will have paid a certain amount to the insurance company for a death benefit of AT LEAST a certain amount, and I know that I will not have paid more in than I get out (I am dealing with my dad's whole life insurance policies that he has where he would have to pay more for the premium to keep the policy going than the death benefit is worth [he would end up paying $ 250K in premiums for a $ 175K death benefit if he lived long enough]-RRB-.

It may be to pay the least amount of premium for a certain amount of death benefit, or your goal may be to own a policy that pays the highest return.

Joint Life Annuity for life (without any death benefit), which entitles the annuitants to receive a pre-decided, fixed, guaranteed amount, provided at least one of the annuitants is alive.

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.

the minimum death benefit in case of traditional plan is at least the amount of the sum assured and the additional benefits, if any.»

If the insured person passes away before being insured for at least two years, your beneficiary will only receive a portion of the death benefits, not the full coverage amount.

The minimum death benefit will be at least 105 % of the total premiums paid including top - ups premiums.The nominee has an option to take this amount as annuity from the company or to withdraw the proceeds.

For non-single products with a term of 10 years or more, the minimum death benefit would either be ten times the annualised premium or 105 per cent of all premiums paid on the date of death or the least guaranteed sum assured on maturity or any absolute amount assured to be paid on death (for non-par products for those below 45 years), whichever is the highest.

It provides the highest death benefit for the least amount of money, since you're only carrying while you're most «financially vulnerable».

In most term insurance sales claims result about 1 % of the time thus policyholders end up with a fistful of receipts Most insureds should own some whole life insurance to make sure their is an income tax free death benefit paid at death It is my belief that most insureds should own at least $ 100,000 of Whole life in addition to a large amount of term to cancel out temporary insurance needs.

Death benefit amount: The minimum death benefit will be at least 105 % of the total premiums paid including top - ups premDeath benefit amount: The minimum death benefit will be at least 105 % of the total premiums paid including top - ups premdeath benefit will be at least 105 % of the total premiums paid including top - ups premiums.