Sentences with phrase «maximum death benefit amount»

As a result, you're getting maximum death benefit amount at the very lowest up front cost.

When you initially are enrolled in SGLI, you are covered for the plan's maximum death benefit amount of $ 400,000, which costs around $ 26 every month taken directly from your paycheck.

Lloyd's maximum death benefit amount is higher than 5Star's.

Limited Maximum Death Benefit Amounts — 5Star Term Life to 100 has a maximum benefit of $ 100,000.

Not exact matches

The minimum death benefit for term coverage is $ 25,000 and, depending on your age, MetLife offers the following term lengths and maximum coverage amounts:

In the event of multiple Accidental deaths per account arising from any one Accident, the Company's liability for all such Losses will be subject to a maximum limit of insurance equal to two times the Benefit Amount for loss of life.

Colonial Penn's term and whole life insurance products don't require a medical exam and have a maximum death benefit of $ 50,000, meaning you'll typically pay higher premiums and won't be able to purchase a greater amount of coverage should your financial needs change.

You can access a maximum benefit amount which equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.

The maximum amount of advanced death benefit allowed is $ 1,000,000.

Hence, it allows you to leave the maximum amount of your death benefit in place for your family along with covering your long - term care needs.

In some cases, the maximum death benefit for an additional insured can be as high as those of the primary insured, meaning your spouse would have the same amount of coverage as you.

The maximum benefit amount available equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.

This «living benefit» allows the insured to receive 75 percent of the policy's face amount in advance — up to a maximum dollar amount of $ 750,000 — in the event of a terminal illness diagnosis that will likely result in death within 24 months.

Traditional life insurance focuses on the maximum amount of death benefit for a minimum amount of premium whereas a wealth building approach tries to minimize the death benefit and maximize the amount of cash that is put to work in the policy.

The whole life insurance policy that is offered through MetLife Insurance Company provides death benefit protection that starts at $ 10,000, and there is no maximum amount.

The coverage amount payable to your beneficiary at the end of your life, called your death benefit, usually has a maximum limit of around $ 25,000.

The maximum amount surviving families may receive in workers» comp death benefits in Florida, including compensation, funeral costs and educational expenses, is $ 150,000.

The band in which an applicant falls can determine the minimum and the maximum amount of death benefit coverage offered.

You may purchase Additional PIP coverage, to raise the overall limit of No - Fault benefits available in case of an accident up to $ 100,000 or higher and, in the process, increase the potential maximum amounts of lost earnings payments, other necessary expenses or the death benefit, depending on the limit you select.

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.

• Accidental Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250Death Benefit Rider — If you should die as a result of a covered accident, additional death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250death benefits are payable equivalent to the face value of the policy (minimum amount must be $ 25,000) and will be payable to a maximum of $ 250,000.

If you're looking to get the maximum amount of the death benefit, the second option is more preferable.

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.

The coverage amount payable to your beneficiary at the end of your life, called your death benefit, usually has a maximum limit of around $ 25,000.

With this rider, it's important to keep in mind that maximum benefit is typically only a percentage of the life insurance policy's face amount and it is taken from your death benefit.

The policy comes with a 2 year graded death benefit and a $ 25,000 maximum coverage amount.

The maximum death benefit available is the lesser of the face amount of the policy less $ 5,000 or $ 250,000.

The reason there is a maximum percentage is some of the face amount has to be retained for a death benefit which is the main reason you purchased life insurance in the first place.

Typically with these policies there is a maximum monthly benefit that is defined in the contract — and as the long - term care coverage is paid, the death benefit will be reduced by the amount of those payments.

If the maximum amount of the premium is exceeded, the policy turns into a modified endowment contract (MEC) which ensures the death benefit with investment returns but withdrawals of the cash value are subject to taxes as ordinary income.

Additional Benefits: In addition to a larger than industry average maximum amount, Assurity's product boasts several available riders, such as the Accelerated Death Benefit Rider, but also a Children's Insurance rider.

The minimum death benefit for term coverage is $ 25,000 and, depending on your age, MetLife offers the following term lengths and maximum coverage amounts:

In such event, the maximum benefit amount will be up to US$ 5,000 towards the actual cost incurred for preparation of remains; homeward transportation of the deceased insured person to his country of residence; or cremation and / or burial at the place of death of the insured person.

For example, if a physician determines you have less than 12 months to live, you may be able to get up to 75 % of the death benefit, up to a certain maximum dollar amount.

As a rider you can attach to a life insurance policy, the Guaranteed Insurability option allows you to increase the coverage amount on specific dates or to choose an entirely new policy based on your original life insurance health rate class.You will be limited on how much you can get, but typically the maximum amount will be twice your original death benefit, up to $ 125,000.

To build the most cash value in a policy, you want to pay the maximum allowed premium and select a level death benefit that helps minimize the amount of insurance you are buying.

The whole life insurance policy that is offered through MetLife Insurance Company provides death benefit protection that starts at $ 10,000, and there is no maximum amount.

Life stage protection: The option allows you to increase the basic sum assured at specified events of marriage and childbirth, without any medical tests: Marriage: The life insured can increase the death benefit by 50 % of the original death benefit, subject to a maximum additional amount of Rs. 50 lakhs 1st childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs 2nd childbirth: The life insured can increase the death benefit by 25 % of the original death benefit, subject to a maximum additional amount of Rs. 25 lakhs

The size of your death benefit can vary, and at some places, there is a maximum amount of $ 1 million that can be collected by the beneficiary at the time of death.

MetLife offers universal life insurance policies with death benefits that begin at $ 50,000, and there is no set maximum amount.

The maximum benefit amount available equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.

With these term life insurance plans, a policyholder can obtain coverage with death benefits as low as $ 25,000 and a maximum face amount of $ 999,999 — and there is also the option to obtain a policy without the need for a medical exam for policies of up to $ 249,999.

The maximum benefit amount you can take is typically based on a percentage of your death benefit.

If the goal is maximum cash value accumulation for a tax - free retirement income it is extremely important the policy is properly structured with the least amount of death benefit possible.

Since the insurance company is taking on more risk by insuring higher risk individuals, the maximum amount of death benefit you can get is substantially lower.

If you want the maximum amount of death benefit now, the second option should be selected.

1) Sum assured on death plus an amount is equal to the sum assured, which is the maximum of Rs2 crore will be paid as an accidental death benefit and the policy will be terminated.

- The minimum amount for accidental death benefit is of 100000 and maximum is 1 crore.

Traditional life insurance focuses on the maximum amount of death benefit for a minimum amount of premium whereas a wealth building approach tries to minimize the death benefit and maximize the amount of cash that is put to work in the policy.

The maximum amount of advanced death benefit allowed is $ 1,000,000.