Sentences with phrase «lower death benefit amounts»

For example, we have multiple companies that offer approvals in as little as a couple days for lower death benefit amounts.

You also have access to lower death benefit amounts, and as with most others, a quick and easy application process with guaranteed approval.

Lower death benefit amounts.

Guaranteed issue life insurance policies have significantly lower death benefit amounts compared to term or permanent policies.

For example, AIG may give a country an A rating and provide their best classification rates, while a citizen of a D - rated country may only qualify for Standard Plus premium rates and a lower death benefit amount.

For example, AIG may give a country an A rating and provide their best classification rates, while a citizen of a D - rated country may only qualify for Standard Plus premium rates and a lower death benefit amount.

The premium for the term insurance coverage is reduced based on the lower death benefit amount, while the premium for the new permanent coverage is based on the initial health rating and the current age of the insured.

The cash value amount can be reduced and a lower death benefit amount may result.

Low Death Benefit Amounts: The ceiling on coverage is comparably lower than what you will find through other life insurers.

Now comes Protective saying that because of that law they will no longer allow those who purchased policies prior to 2009 to make any change in their policy, such as lower the death benefit amount.

Not exact matches

You should press the agent to design you a plan where you are putting in as much money as you can with the lowest amount of death benefit.

Many of these studies were trying to prove the benefits of a low fat (low saturated fat diet), but the all failed to prove their point while simultaneously proving saturated fat was a necessity (given the amount of deaths who abstained from it).

The higher premium amount coupled with the lower initial death benefit amounts are the biggest disadvantage to universal life insurance option B.

Policyholders who can provide evidence of good health pay lower rates and qualify for bigger death benefit amounts compared to those who can not.

However, you can always adjust the initial death benefit amount to lower your premiums.

The repayments that you then make to your life insurance policy will usually have a low rate of interest — and, if you do not end up paying back these funds, the amount of the unpaid balance will be deducted from the death benefit that your beneficiary receives.

Because of this, term life insurance can provide policyholders with a very affordable and cost effective way to purchase a large amount of death benefit for a low premium outlay.

Some carriers offer guaranteed universal life insurance options and adjust the amount of the premium higher while making the policy amount lower, so that in addition to offering a guaranteed death benefit, the policy almost immediately begins to generate a larger cash value.

Instead the insured may want to have the money now, even though it is an amount much lower than the total death benefit.

You should press the agent to design you a plan where you are putting in as much money as you can with the lowest amount of death benefit.

The high premiums, combined with a low face amount for the death benefit, make guaranteed issue life insurance a less desirable option for relatively healthy individuals.

Compared to a policy that provides an increasing death benefit, one that provides a level death benefit will be less expensive (that is, the premiums will be lower for the same amount of initial benefit).

After paying a lower premium for such a life annuity, the employee would be able to retain a larger portion of his or her account, maximizing the employee's lifetime benefits, while also leaving larger death benefits for a beneficiary, from the remaining amount of the account.

The maximum amount of death benefits offered by insurers are generally much lower than what you could get for term policies, although there is one insurer which offers no - medical benefits up to $ 1 million dollars.

If circumstances change and you no longer need as much coverage, the death benefit amount can be reduced, which will lower premiums.

If you still valued the coverage, though, you could modify the policy details (death benefit amount, or coverage duration) to lower the premium.

Oftentimes, because the applicants for burial insurance are older — and therefore, are also more prone to adverse health conditions — these policies will trade off the lower amount of death benefit with the ability to qualify for coverage without taking a medical exam.

And vice versa, if you are trying to maximize the cash value for a given amount of premium then the death benefit should be low to reduce internal expenses of the policy.

Needless to say, the lower the face amount otherwise known as the death benefit the lower the premium.

But they start with appreciably lower amounts than with Level Term or Increasing Term policies because the death benefit in the event of the insured's death is decreasing all the time.

You should press the agent to design you a plan where you are putting in as much money as you can with the lowest amount of death benefit.

If you die on active duty, SGLI will allow your family to receive an extra $ 150,000 payment up to the maximum allowed coverage of $ 400,000, so you have the option to pay for a lower coverage amount and still receive the full $ 400,000 death benefit depending on the circumstances.

Transamerica, an A + rated company founded in 1904, offers unique options, with a few of their term life products, such as Living Benefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requiBenefits for early access to death benefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requibenefits in the case of terminal or chronic illness; Income Protection Options to allow customers to select from a combination of income stream and lump sum payouts for beneficiaries; no required medical exams for policy amounts below $ 250,000; and low, $ 25,000 minimum face amount requirements.

The PMJJBY is targeted towards the age group of 18 - 50 years wherein one can avail death benefits by paying a premium amount that is as low as Rs 330 per annum.

If, however, cash is taken, the death benefit would be lowered by the amount outstanding if one were to pass before paying back the loan.

Death benefit amounts of whole life policies can also be increased through accumulation and / or reinvestment of policy dividends, though these dividends are not guaranteed and may be higher or lower than earnings at existing interest rates over time.

This no exam level term life insurance policy — which is available to those who are between the ages of 18 and 60 at the time of application — offers death benefit protection of up to $ 500,000 (with a low face amount of $ 100,000).

Those who are between the ages of 18 and 50 are allowed to apply for this policy option, and the death benefit amount can range between a low of $ 100,000 and a high of $ 500,000.

Also, the amount of death benefit coverage found through AARP tends to be much lower than that of other term policies.

In the opposite way, the availability of the accelerated death benefit rider might mean being able to avoid a viatical settlement, which would ultimately yield a lower total amount of benefit.

Option A is often referred to as a «level death benefit»; death benefits remain level for the life of the insured, and premiums are lower than policies with Option B death benefits, which pay the policy's cash value — i.e., a face amount plus earnings / interest.

Likewise, the amount of the death benefit may be raised or lowered if the insured's needs should change.

So if a client collected $ 200k in long term care reimbursement, then the death benefit would be lowered by that amount.

The more we talk, the more they start to realize that the initial amount of death benefit they were playing around with on the life insurance quote engine on my site was way too low to make any sense in their overall financial plan.

The amount of death benefit you are able to purchase compared to the premium you pay is much lower when compared to term life insurance.

Although policies with lower death benefits tend to be cheaper, these smaller amounts generally aren't enough to support a family beyond even one year.

Usually after explaining the difference, they understand and are willing to take a lower amount of death benefit in exchange for the coverage lasting a lifetime.

Also, the available death benefit amounts tend to be much lower than those available for term policies which do require a medical exam.

If the cash value is lower than the death benefit, which it is often is, does that mean that you are only protected up to the Cash Value and not the entire death benefit amount?

Often, the amount of the death benefit that can be purchased is also in the lower dollar ranges.