It is
a minimum death benefit amount that will be provided regardless of the underlying policy's cash value at the time of the death of the insured.
Policies that offer accelerated underwriting will have
a minimum death benefit amount, typically $ 50,000 or $ 100,000, as well as a maximum death benefit that is usually no higher than $ 500,000 or $ 1 million.
Not exact matches
While Old Age Security and the Guaranteed Income Supplement were designed to provide a basic
minimum amount to Canadian seniors, the new Canada and Quebec Pension Plans were contributory social insurance programs established to provide basic
death, survivor and disability
benefits as well as retirement coverage.
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:
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.
Like traditional life insurance, the
death benefit of a second - to - die policy can ensure your beneficiaries receive a
minimum amount of money, even if savings and other retirement income is spent during the lives of you and your spouse.
Many policies will set a
minimum amount on the
death benefits, but the investment portion of your premiums will not typically guarantee a
minimum return.
Here, if the annuitant were to die within the protected period, the enhanced
death benefit will be the greater of the
minimum benefit amount, less monthly income received, and the early
death benefit.
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
minimum amount payable under
death benefits or maturity guarantees provided for under the terms of the segregate fund contract.
For a chronic illness claim, the
minimum accelerated
death benefit amount per election, except the final election, is 5 % of the
death benefit on the initial election date or $ 50,000, whichever is less.
A variable life insurance policy does offer a guaranteed
death benefit, which will not fall below a
minimum amount even if the invested assets devalue significantly.
The band in which an applicant falls can determine the
minimum and the maximum
amount of
death benefit coverage offered.
You can change the
death benefit the premium you pay and the interest in the cash value account grows at an
amount subject to market conditions (there is usually a guaranteed
minimum though).
• 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 $ 250
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 $ 250
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 $ 250,000.
The
minimum terminal illness accelerated
death benefit amount is 10 % of the
death benefit or $ 100,000, whichever is less on the election date.
They may be insuring your future retirement income by providing a guaranteed withdrawal
benefit rider, or insuring a specific
amount of
death benefit to go to your heirs, or insuring a
minimum return.
The
death benefit amount will decrease each year until it reaches the
minimum of $ 10,000.
A
minimum death benefit is guaranteed, if the premium
amount you have chosen is sufficient enough to cover it.
The
death benefit amount for the Member Advantage Life UL will decrease each year after the initial 20 year coverage period until it reaches the
minimum of $ 10,000.
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 requi
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 requi
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 requirements.
With term life insurance protection, the insured is covered with a
death benefit of up to $ 150,000 with a
minimum face
amount of $ 10,000.
It generally has a
minimum garunteed
death benefit, with variable additional
amounts depending on the state of the market.
The target premium is the
minimum amount of premium required to keep the
death benefit in force.
This plan can provide up to $ 150,000 in
death benefit coverage — with a
minimum face
amount of $ 10,000.
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:
The
minimum amount of
death benefit on this policy is $ 100,000, and proceeds may be applied for up to $ 65 million.
The
minimum death benefit is established when you purchase the policy, but if the policy's account value grows beyond a certain
amount, then the
death benefit can go up as well.
Many policies will set a
minimum amount on the
death benefits, but the investment portion of your premiums will not typically guarantee a
minimum return.
When you take your RMDs, the 5 %
death benefit growth will offset the dollar
amount of the Required
Minimum Distribution (RMD).
Whole life insurance is structured so that the contract is guaranteed to provide a certain
minimum amount of cash value as well as a
death benefit.
Generally, the Internal Revenue Code Section 7702 implicates to place limits on the orientation of the investment in life insurance contracts in two either ways, by imposing
minimum amount of
death benefits and by restricting the allowed premium payment as written and mandated in the contract or both.
The guideline premium test requires a policy to have at least a
minimum amount of at - risk
death benefit (insurance that exceeds the cash value).
This can affect the company's ability to pay any
benefits that are greater than the value of your account in mutual fund investment options, such as a
death benefit, guaranteed
minimum income
benefit, long - term care
benefit, or
amounts you have allocated to a fixed account investment option.
With variable life insurance, the
death benefit may increase or decrease — however, it will not go below the guaranteed
minimum amount — which is typically the original
amount of
death benefit that is purchased.
This term insurance starts from a
minimum sum assured of Rs. 2.5 lakhs and policyholders can opt to receive the
death benefit amounts in installments over a period of 5 to 10 years.
In case of
Death, the minimum death benefit is offered at 105 percent of total amount of all paid premium until the time of d
Death, the
minimum death benefit is offered at 105 percent of total amount of all paid premium until the time of d
death benefit is offered at 105 percent of total
amount of all paid premium until the time of
deathdeath.
However, the
amount of the
death benefit can not fall below a certain guaranteed
minimum amount of coverage.
Annuities typically offer tax - deferred growth of earnings and may include a
death benefit that will pay your beneficiary a specified
minimum amount, such as your total purchase payments.
Here, if the annuitant were to die within the protected period, the enhanced
death benefit will be the greater of the
minimum benefit amount, less monthly income received, and the early
death benefit.
The
death benefit paid on
death will bean
amount which is higher of the chosen Sum Assured deducting any partial withdrawals made in the 2 years prior to
death or the available Fund Value is paid with a
minimum of 105 % of total premiums paid until the date of
death
The
minimum sum assured
amount is Rs. 25,00,000 / - that is offered as the
death benefit.
Death Benefits: If the insured dies before the maturity, then the nominee gets the sum assured on death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Addi
Death Benefits: If the insured dies before the maturity, then the nominee gets the sum assured on
death subject to a minimum of 105 % of the total premium amounts paid till death + accrued Fixed Regular Addi
death subject to a
minimum of 105 % of the total premium
amounts paid till
death + accrued Fixed Regular Addi
death + accrued Fixed Regular Additions
In addition, variable annuities typically offer a permanent
minimum death benefit for beneficiaries which may be limited to the
amount of the initial investment in the annuity contract, and this perhaps offsets some of the sub-account risk.
- The
minimum amount for accidental
death benefit is of 100000 and maximum is 1 crore.
Here, the
minimum amount of
Death Benefit is equal to 105 % of total premiums paid (including Top - Up premiums) up to the date of d
Death Benefit is equal to 105 % of total premiums paid (including Top - Up premiums) up to the date of
deathdeath.
The basic features of this policy are: ● Fixed
minimum basic sum assured ●
Death benefit is higher of 10 times the annualized premium or absolute amount assured ● On maturity, sum assured and bonus is payable ● The death benefit amount is tax -
Death benefit is higher of 10 times the annualized premium or absolute
amount assured ● On maturity, sum assured and bonus is payable ● The
death benefit amount is tax -
death benefit amount is tax - free
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.
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.
the
minimum death benefit in case of traditional plan is at least the
amount of the sum assured and the additional
benefits, if any.»