Sentences with phrase «limited death benefit»

Life insurance policies may limit death benefits for accidents occurring during activities listed as dangerous or prohibited on the endorsement.

Most burial insurance final expense policies offer limited death benefits, ranging from $ 5,000 - $ 30,000.

With variable life and other non-traditional products, provisions are often available to provide limited death benefit guarantees.

Limited death benefit during the first two policy years.

Some travel accident insurance plans limit the death benefits to flight accidents only, and some travel accident plans place limits on where the traveler can travel, i.e., specific countries and territories.

Some senior life insurance plans offer limited death benefits the first two years you are insured.

Guaranteed life insurance plans are able to accept anyone for life insurance that meets the age requirements because they provide limited death benefits (graded benefits) the first 2 years you are insured.

The policy usually pays out limited death benefits during the first few years, and typically requires premiums that are somewhat higher than standard life insurance policies.

In order for them to do this, they use a «graded death benefit» product which limits the death benefit within the first two years.

Other policies may include clauses that eliminate or limit the death benefit amount.

All Guaranteed Acceptance policies have some type of limited benefits during the first 2 years, and a few even limit the death benefit during the third year.

However, carriers limit the death benefit to less than $ 100,000, and only pay out the full amount if you outlive a specific waiting period detailed in the contract (usually 1 or 2 years).

However, Gerber Life's Grow - Up Plans and College Plans are not recommended as investments, as they both grow in value very slowly and provide limited death benefits.

Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit.

Alternatively, you can purchase a no medical policy, although these tend to have a limited death benefit and cost more.

Alternatively, you can purchase a no medical policy, although these tend to have a limited death benefit and cost more.

Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit.

Colonial Penn's Guaranteed Acceptance Program is a whole life insurance policy with a limited death benefit, and is often marketed to seniors that want to reduce their family's financial impact upon their death.

Their term life policy also has a limited death benefit, with the maximum value being $ 50,000, which can be designated to either 1 or 2 beneficiaries.

Colonial Penn offers a range of life insurance products that combine simplified underwriting with a limited death benefit.

All these policies are quite similar in that they offer permanent coverage, have a limited death benefit (less than $ 50,000) and build cash value.

Policy Features: As typical with most policies of this type, there is a limited death benefit for the first two years.

Another potential negative we offer in this Globe Life Insurance Review would be the limited death benefits offered.

This policy offers a limited death benefit payout during the first three years that it is in force.

Alternatively, you can purchase a no medical policy, although these tend to have a limited death benefit and cost more.

However, Gerber Life's Grow - Up Plans and College Plans are not recommended as investments, as they both grow in value very slowly and provide limited death benefits.

Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit.

Graded Death Benefit: during the first couple of years, there is a limited death benefit.

Modified Death Benefit: paid during the first two years, this limited death benefit is based on the return of the premium paid, plus an additional 10 %.

Basically, you pay anywhere from 15 - 50 % more money, and they limit the death benefit for the first two years.

If the insured dies within the first two years after the policy is issued, a limited death benefit may be paid subject to the terms of the policy.

Graded Death Benefit: there is a limited death benefit the first two years.

All these policies are quite similar in that they offer permanent coverage, have a limited death benefit (less than $ 50,000) and build cash value.

Modified Death Benefit: limited death benefit the first two years based on return of premium paid plus 10 %.

You can choose this product to come fixed with the death benefit being 100 % of the face value from the start, graded which causes your death benefit to be limited the first two years but you will receive the greater of the sum of the total premium paid with 4.5 % interest of 30 % of the face amount, or you can choose modified which offers a limited death benefit for the first two years based on return of premium paid plus 10 %, after the two years the death benefit is 100 %.

This means you have limited death benefits the first 2 or 3 years you are insured by the life insurance policy.

Suicide Exclusion: If the Life Assured commits suicide within one year from the risk commencement date or revival date, if revived, whether sane or insane at that time, the Company will limit the Death Benefits to the Fund Value as available on the death date and no insurance benefit will be payable.

Suicide Exclusions: If the Life Assured commits suicide within 12 months from the policy commencement date or revival date, whether sane or insane at that time, the Company will limit the Death Benefit to the Fund Value and no insurance benefit will be payable.

This no - exam option is a more likely scenario for those with Type 2 diabetes, but please remember that any no exam life policy tends to be much more expensive and comes with a limited death benefit, usually up to $ 100,000.

Suicide Exclusion: If the Life Assured commits suicide within one year from the Policy Commencement Date, whether sane or insane at the time, the Company will limit the Death Benefit to the Fund Value as available on the date of death and no insurance benefit will be payable.

Guaranteed acceptance coverage is available to anyone who applies, just be prepared for a limited death benefit and expensive premiums.

If the Life Assured commits suicide for any reason, while sane or insane, within 12 months from the date of commencement of this policy or the date of any revival of the policy this policy shall be treated as null and void, and the Company will limit the death benefit to the Fund Value and will not pay any insured benefit

Colonial Penn offers a range of life insurance products that combine simplified underwriting with a limited death benefit.

Colonial Penn's Guaranteed Acceptance Program is a whole life insurance policy with a limited death benefit, and is often marketed to seniors that want to reduce their family's financial impact upon their death.

Life insurance that uses an accelerated underwriting process is not the same as guaranteed issue life insurance, which has higher premiums, limited death benefits and a death benefit waiting period but is available to anyone regardless of health.

Their term life policy also has a limited death benefit, with the maximum value being $ 50,000, which can be designated to either 1 or 2 beneficiaries.

This means there are limited death benefits the first 3 years you are insured.