Sentences with phrase «less than the death benefit»

The amount you receive will be greater than the policy's cash value and less than its death benefit.

While it can put stress on a loved one to try to handle burial planning and the associated costs during an emotional time, they'll be able to keep whatever remains of the payout if the total costs are less than your death benefit.

The concept of selling your life insurance policy is known as a life settlement, this process involves selling your policy for an amount of cash that is less than your death benefit and more than the amount that is in your cash value account.

A company will usually pay more than the cash surrender value, but less than the death benefit, although the exact price depends on a number of factors.

A Life Settlement is the sale of a life insurance policy to a third party for a value in excess of the cash surrender value, but less than the death benefit

If you own a typical permanent life insurance policy (lifetime coverage) and did a straight present value calculation of the premiums you can expect to pay during your lifetime, the total will be less than the death benefit.

While it can put stress on a loved one to try to handle burial planning and the associated costs during an emotional time, they'll be able to keep whatever remains of the payout if the total costs are less than your death benefit.

In many cases a whole life insurance policy will provide some sort of cash value — although that cash value is likely to be far less than the death benefit that would accrue if the policyholder were to die.

You can elect to purchase an amount equal to or less than the death benefit of the base policy.

Because they buy it for less than the death benefit, (but more than your cash value), before receiving the death benefit after you pass away.

Because the amount you were paid for the policy is less than the death benefit, and premium payments continue, the buyer profits.

The amount received from selling a policy will always be greater than the cash surrender value and less than the death benefit value.

Now, if I borrow 10K from that 40K Cash Value, my death benefit will be 10K (+ interest) LESS than my death benefit.

A viatical settlement happens when someone sells their policy for more than their current cash value, but less than the death benefit payout.

Similar to the sale of your life insurance policy, viatical settlements, or life settlements, refer to the sale of your insurance policy to a third - party for more than the cash surrender value but less than the death benefit (based on life expectancy).

Life settlement investors buy life insurance policies for more than their surrender value but less than the death benefit of the policies, a strategy known as viatical settlement.

With a viatical settlement, you purchase the whole policy (or at least part of it) for a price that is less than the death benefit of the policy.

Typically this means you would capture a settlement of more than your cash value and less than your death benefit.

You'll receive an amount that's greater than the policy's cash value, but less than the death benefit.

With a viatical settlement, you purchase the policy (or part of it) at a price that is less than the death benefit of the policy.

Now of course, if she dies earlier than that, her total payments might be less than the death benefit.

With West Coast it was still substantially less than the death benefit.

Waco, Texas - based Life Partners is in the so - called life - settlement market, where insured individuals sell their life - insurance policies for less than the death benefit.

Not exact matches

These insurance policies are less pricey than traditional life insurance, since they pay benefits only after the death of both husband and wife.

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

However, death benefits are typically restricted to less than $ 25,000.

However, few people actually need these policies, which are very expensive and restrict their death benefit to less than $ 25,000.

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

And life insurance policies with limited underwriting, such as simplified issue or guaranteed acceptance policies, regularly restrict death benefits to be less than $ 100,000 to $ 250,000.

However, permanent life insurance solutions that focus on providing lifetime guaranteed death benefits, such as these, are typically less expensive than other types of permanent life insurance that emphasize savings opportunities.

Similarly, guaranteed acceptance whole life insurance offers the ability to skip detailed health questions and the medical exam, but premiums will be even higher and the death benefit will be limited (typically less than $ 100,000).

The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.

Benefits / risks to both mother and baby USA studies: Less sudden Infant Death syndrome in exclusively breastfed babies, less Childhood Lymphoma / Leukemia in children who were breastfed 6 or more months, better bone remineralizaton for mother after weaning in mothers who breastfed than those who didLess sudden Infant Death syndrome in exclusively breastfed babies, less Childhood Lymphoma / Leukemia in children who were breastfed 6 or more months, better bone remineralizaton for mother after weaning in mothers who breastfed than those who didless Childhood Lymphoma / Leukemia in children who were breastfed 6 or more months, better bone remineralizaton for mother after weaning in mothers who breastfed than those who didn't.

Drivers less than 21 years old who engaged in drinking while driving would also benefit substantially, with 194,886 deaths and injuries potentially prevented.

An accelerated death benefit allows a policyholder to receive an advance of the face amount if diagnosed with a terminal illness and given less than twelve months to live.

However, these tend to have death benefits limited to less than $ 50,000, so the cost per dollar of coverage is still quite high.

In a life insurance cash settlement, a company will purchase your life insurance policy for a greater amount than the policy's cash value but less money than the death benefit.

And life insurance policies with limited underwriting, such as simplified issue or guaranteed acceptance policies, regularly restrict death benefits to be less than $ 100,000 to $ 250,000.

This rider allows you to receive a portion of your policy's death benefit while you're still alive if you've been diagnosed with a terminal illness (meaning less than 12 months to live).

No medical exam life insurance policies are available for both term and whole life insurance, but the death benefits for whole life coverage are typically limited to less than $ 50,000 (while term coverage is usually limited to $ 500,000).

However, death benefits are limited to less than $ 50,000, so you would need to look elsewhere if your family needs additional financial protection.

Accelerated Death Benefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months to Death Benefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months tBenefit Rider: the ADB rider allows you to access a portion of the death benefit if you are diagnosed as terminally ill with less than 12 months to death benefit if you are diagnosed as terminally ill with less than 12 months tbenefit if you are diagnosed as terminally ill with less than 12 months to live.

However, death benefits are typically restricted to less than $ 25,000.

Similarly, guaranteed acceptance whole life insurance offers the ability to skip detailed health questions and the medical exam, but premiums will be even higher and the death benefit will be limited (typically less than $ 100,000).

These qualifiers don't actually change how the policy works, though death benefits will often be restricted to less than $ 100,000.

The accelerated death benefit rider comes in handy if you are diagnosed with a terminal illness and, depending on the policy, have less than one to two years to live.

The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.

Death benefits for guaranteed acceptance policies are generally limited to less than $ 25,000.

Policies with less than $ 1 million death benefit, if you're between the ages of 20 - 40 (for 15, 20, 25, and 30 - year term policies)

This type of universal life insurance focuses LESS than other types of permanent life insurance on cash value accumulation and MORE on securing a permanent death benefit.