Sentences with phrase «living adjustment riders»

Amica's level term life insurance coverage also allows the option to add a cost of living adjustment rider.

Other riders, like a cost - of - living adjustments rider (which increases your monthly benefit to match expense inflation), are useful for some people but may be too expensive for most shoppers.

Amica's level term life insurance coverage also allows the option to add a cost of living adjustment rider.

Adding a cost of living adjustment rider to your private disability insurance allows your income benefit to increase.

One way to insulate yourself and your disability income benefit is with a cost of living adjustment rider.

Not exact matches

You can add inflation riders, also known as cost - of - living adjustments (COLAs), to increase your disability benefit amount over time.

The program has certain requirements, including the requirement that a qualifying LTC insurance policy include a mandatory 5 % compound interest rider for certain states, while other states simply want any compound interest cost of living adjustment.

If you want continued protection, though, a term conversion rider lets you convert a term life insurance policy into a permanent policy without taking another paramedical exam — a welcome adjustment, because taking an exam when you're old enough for your term policy to have expired would likely make the premiums prohibitively expensive.

Cost of living adjustments — Cost of living riders are available and provide an increased benefit annually if disabled based on the percentage annual cost of living increase in the Consumer Price Index.

Additional cost of living adjustment (COLA) rider, which increases the base benefit payment amount, is available with 5 Year, 10 Year, and To Age 67 benefit periods.

If you want continued protection, though, a term conversion rider lets you convert a term life insurance policy into a permanent policy without taking another paramedical exam — a welcome adjustment, because taking an exam when you're old enough for your term policy to have expired would likely make the premiums prohibitively expensive.

Riders, such as cost of living adjustments and future purchase options, can be really important or not important at all.

Accelerated benefit riders have effectively provided consumers with a greater level of control over their insurance protection, according to Jason Kestler, president and CEO of Kestler Financial Group headquartered in Leesburg, VA. «Clients are now able to start or stop a stream of income from their policies when they have a qualifying need, and many riders now also provide a cost - of - living adjustment to keep up with inflation.»

You can also get a cost of living adjustment (COLA) rider, which increases your monthly income benefit amount to keep up with inflation.

The program has certain requirements, including the requirement that a qualifying LTC insurance policy include a mandatory 5 % compound interest rider for certain states, while other states simply want any compound interest cost of living adjustment.

Unlike traditional LTCI, riders on life insurance policies have limitations that include no cost of living adjustment or tax deductions for premiums paid by individuals or employers.

Accidental Death Benefit Rider: An adjustment (rider) to a life insurance policy that provides for payment of an additional cash benefit when death occurs by accidental means.