Sentences with phrase «long as the death benefit»

If your period of insurance expires, just reapply, with no need to present your health history or evidence of insurability, just so long as the death benefits do not change.

Not exact matches

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

As long as you continue to pay the premium on time, your rate and death benefit are locked in and guaranteed to stay the samAs long as you continue to pay the premium on time, your rate and death benefit are locked in and guaranteed to stay the samas you continue to pay the premium on time, your rate and death benefit are locked in and guaranteed to stay the same.

As you determine if an annuity may be right for you, remember that they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earningAs you determine if an annuity may be right for you, remember that they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earningas vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earnings.

Death benefits are tax - free so long as you're below federal and state estate exemption levels, which is the case for most households as the federal exemption level is approximately $ 5.5 million and only 18 states impose estate or inheritance taxes.

In the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in order.

As you determine what annuity might be right for you, remember they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earningAs you determine what annuity might be right for you, remember they are intended as vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earningas vehicles for long - term retirement planning, which is why withdrawals reduce an annuity's remaining death benefit, contract value, cash surrender value and future earnings.

Sudden Infant Death Syndrome researcher Doctor James McKenna said that as long as co-sleeping is carried out in a responsible manner — not on a waterbed or couch and not by parents affected by drugs or alcohol — then babies up to 12 months old will reap the long - term benefits.

The findings, which come from a study of 678 women in a randomized breastfeeding trial who were recruited at mid-pregnancy, question whether recommendations to avoid bed - sharing due to concerns such as sudden infant death syndrome (SIDS) may impede some women from achieving their breastfeeding goals and could thereby prevent women and their children from experiencing all of the short - and long - term benefits of breastfeeding.

Adding the antiplatelet drug ticagrelor to aspirin as long - term therapy after a heart attack significantly reduced the rate of subsequent death from cardiovascular causes, heart attack or stroke, with the benefit appearing to accrue for nearly three years, according to a study presented at the American College of Cardiology's 64th Annual Scientific Session.

Depending on how long it takes to go through this check, and insurer can pay out a death benefit within a few days, but it can take as long as 30 - 60 days depending on delays (more on that below).

As an added benefit, the life insurance death benefit of the new hybrid policy would pay off her mortgage if she passed away, assuming she didn't use the policy for long - term care.

On the other hand, as long as premiums are paid, a permanent life insurance policy will always pay out a death benefit since it never expires.

Since the insurer is guaranteed to pay a death benefit to your beneficiaries so long as all premiums are paid, permanent life insurance rates are significantly higher than those for term life insurance.

As long as you pay the minimum required to maintain the death benefit, you can choose how much you add to the reserve funAs long as you pay the minimum required to maintain the death benefit, you can choose how much you add to the reserve funas you pay the minimum required to maintain the death benefit, you can choose how much you add to the reserve fund.

Whole Life Insurance guarantees a minimum death benefit (also known as the face amount), no matter how long you live, as long as premiums are paid.

A longer term or higher death benefit (as well as the age and health rating of the individual policy applicant) determines the cost of this insurance.

Finally, a couple more benefits of a MEC are that the death benefit on life insurance is tax free and the death benefit can be accelerated due to chronic illness, as a possible alternative or addition to long term care insurance.

Extended Death Benefit Guarantee — 50 % of your policy's face amount is guaranteed as long as your policy is in force

Death benefits are tax - free so long as you're below federal and state estate exemption levels, which is the case for most households as the federal exemption level is approximately $ 5.5 million and only 18 states impose estate or inheritance taxes.

In the case that you pass, the policy beneficiaries should file a claim with the insurer, after which point the circumstances of your death will be reviewed and receive the payout (also called a death benefit or the face value of the policy) so long as everything is in order.

It is true that many insurers offer guaranteed death benefits up to a certain age, as long as premiums are paid.

ANICO's GUL policy provides guaranteed death benefit protection as long as premium payments are made on time.

As long as your premium payments are made as agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amounAs long as your premium payments are made as agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amounas your premium payments are made as agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amounas agreed, your insurance coverage lasts throughout your life, and the death benefit is a guaranteed amount.

Universal life combines a savings component (called cash value) with a lifelong death benefit; as long as you pay the premium, coverage lasts as long as you live.

As long as you pay your fixed premiums, your death benefit can not go awaAs long as you pay your fixed premiums, your death benefit can not go awaas you pay your fixed premiums, your death benefit can not go away.

As an asset based policy, it provides cash indemnity for long - term care services and a lump sum life insurance death benefit.

As long as you are within the IRS per diem limit you can receive 2 % or 4 % of the death benefit either monthly or through an annual lump sum paymenAs long as you are within the IRS per diem limit you can receive 2 % or 4 % of the death benefit either monthly or through an annual lump sum paymenas you are within the IRS per diem limit you can receive 2 % or 4 % of the death benefit either monthly or through an annual lump sum payment.

The Company's LTC rider allows access to the policy's death benefit to cover costs associated with long - term care services due to chronic illness or severe cognitive impairment, such as Alzheimer's Disease.

Just like we saw with whole life insurance, the death benefit works in exactly the same way in that it will be paid to the beneficiary as long as the insured passes away within the dates of the policy, i.e. the contract.

As long as you keep up with the premium payments and you don't cancel the policy early, there will be a guaranteed death benefit on both term and whole lifAs long as you keep up with the premium payments and you don't cancel the policy early, there will be a guaranteed death benefit on both term and whole lifas you keep up with the premium payments and you don't cancel the policy early, there will be a guaranteed death benefit on both term and whole life.

There is no asset, there is no cash value, there is simply a predetermined death benefit for a temporary period of time such as 10, 20, 30 years and sometimes longer.

This means, your loved ones are guaranteed a death benefit, which is not subject to federal income taxes, as long as premiums are paid.

For others they have the peace of mind of knowing that as long as they continue to pay the premiums on a permanent insurance product, their beneficiaries will eventually receive a death benefit.

Once a life insurance claim has been submitted, the insurer will review it and pay the death benefit, so long as there are no issues with the submission.

You pay a premium for as long as you live, and a benefit will be paid to your beneficiaries upon your death.

Like term life insurance, whole life insurance protects your family from financial burden when you die, as long as you kept paying your premiums, by paying out a death benefit, usually between $ 100,000 and $ 5 million.

As long as you're paying your premiums, the death benefit will always be equal to the face value of the insurance your purchaseAs long as you're paying your premiums, the death benefit will always be equal to the face value of the insurance your purchaseas you're paying your premiums, the death benefit will always be equal to the face value of the insurance your purchased.

Permanent life insurance also guarantees a death benefit to your beneficiaries for as long as you maintain your policy, not just for a fixed period of time.

Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.

Sure, the shopping process can get a little complicated, especially if your health situation is a little complicated, but at the end of the day, term life insurance is made up of three basic components: your coverage (also known as your death benefit), your term (how long the policy lasts), and your premium (how much you're paying for it).

Like any life insurance policy, it pays out a death benefit to an appointed beneficiary when you die as long as the policy is in force.

If you die during the policy term, the policy pays out the predetermined sum of money (or death benefit) to your named beneficiary (ies) as long as you continued to pay your premiums on time.

If the insured never needs long - term care, the beneficiaries receive the full death benefit as they would with any typical life insurance policy.

Although we would caution against this strategy if your goal is to build your cash value and death benefit over the long term, it is a nice feature of whole life insurance as an investment.

The life insurance companies also offer solutions such as chronic illness riders AND long term care riders, which allow a portion of the policy death benefit to be used for long term care costs while also preserving a portion of the death benefit coverage.

Long - term care life insurance hybrid policies can be purchased which provide death benefit coverage as well as insurance coverage for long - term care expenses, if neeLong - term care life insurance hybrid policies can be purchased which provide death benefit coverage as well as insurance coverage for long - term care expenses, if neelong - term care expenses, if needed.

Permanent life insurance (also called whole life) offers lifetime protection and a guaranteed death benefit as long as you keep the policy in force by paying the premiums.

The cash - value component supports the death benefit as long as you keep paying your premiums.

You can use whole life or universal life insurance as a long term investment vehicle that provides continuous, stable growth along with tax advantages and a death benefit.