Sentences with phrase «minimum rider benefit»

Not exact matches

Voya is looking to reduce exposures to generous guaranteed minimum income benefit (GMIB) riders sold to individual customers through early 2010 during an era of higher interest rates.

A Guaranteed Minimum Income Benefit (GMIB) feature is an optional rider on a variable annuity that is available for an additional annual charge against the income base.

Jackson AscenderPlus Select offers traditional fixed annuity benefits, such as guaranteed minimum interest, death benefits, and flexible retirement income options including LifePay ®, an optional income rider available for an additional charge.

Also, variable universal life insurance policies may also offer a rider — at an additional cost — that will guarantee a minimum death benefit, regardless of the underlying investment performance.

Riders are each expected to raise a minimum of $ 2,400, which benefits Rails - to - Trails Conservancy, Green America, and 1Sky.

Guaranteed Future Income Benefit The minimum guaranteed income payable to you under the Guaranteed Future Income Benefit rider of your Income Plus or Income Plus II policy.

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.

Additional options include accelerated benefits, accelerated benefits with critical illness, accidental death benefit, children's term, disability waiver, guaranteed insurability, minimum death benefit and spouse term riders.

The products include a lifetime death benefit guarantee of up to 121 years, a minimum death benefit of $ 50,000 and a full range of riders, including accelerated benefit rider and an additional insured rider.

If a covered person's long term insurance rider was not completely used to fund their nursing home care, the designated beneficiaries will receive either the guaranteed minimum death benefit or the death benefit of the plan and the unused portion of the long term care rider's value.

A No Lapse Guarantee benefit is effective at issue and guarantees the policy, including any level term riders, will remain in - force for five years, provided the minimum premium, underwriting and insurance requirements are met.

If you're looking for an annuity that has a guaranteed income feature I'd recommend searching AnnuityFYI, which keeps an updated list of competitive annuities that offer either a guaranteed minimum withdrawal benefit or lifetime income rider.

Accidental Death Benefit, Child Protection, Disability, Guaranteed Minimum Cash Value and Survivorship Option riders are available with a variable life policy.

None of the basic benefits of a VA - including access to professionally managed investment portfolios, tax - deferral and a guaranteed minimum death benefit - are compromised if you take a pass on these riders.

Guaranteed minimum withdrawal benefit riders can be added to variable annuities to ensure that some minimum value is paid out even if the investments inside the contract perform poorly.

This rider helps the life assured with the medical expenses by providing minimum Daily cash allowance benefit of Rs. 1000 / day and maximum Rs. 6000 / day, ICU benefit, on recuperating benefit, and even post hospitalization.

The LIC Jeevan Saral offers add - on rider benefit as term rider which offers the minimum sum assured of Rs1 lakh and maximum Rs25 lakh.

BSLI Hospital Care Rider (UIN: 109B016V03): On choosing this rider, the insured is entitled to receive a daily cash benefit in the event of hospitalization for a minimum period of 24 hours.

Insurance protection: Most variable contracts today offer an array of living and death benefit riders that promise a guaranteed stream of income or else a minimum account value.