Sentences with phrase «modified death benefit»

This type of modified death benefit is normally associated with burial insurance policies.
This product comes in Level Death Benefit, Graded Death Benefit, and Modified death benefit options.
Issued by American Continental Insurance Company, this final expense insurance policy provides Level, Graded and Modified death benefit plans (depending on availability in your state).
Assurity's simplified whole life offers Level, Graded and Modified death benefit protection.
Quite honestly, we really do not recommend the Foresters modified death benefit.
Should the modified death benefits option be chosen, there would be a limit on the amount of death benefit paid out during the first two years.
Modified Death Benefit: Face amounts of $ 5,000 — $ 25,000 available.
Assurity Simplified Whole Life offers three plans based on your unique health profile: Level, Graded and Modified Death Benefit
However, if you filled it for the first time within the last two years, they would approve you for the modified death benefit.
Our only gripe with the modified death benefit is the price.
Their modified death benefit is for applicants who have certain health issues and / or are taking certain medications Lincoln Heritage deems high risk.
Modified Death Benefit: paid during the first two years, this limited death benefit is based on the return of the premium paid, plus an additional 10 %.
The modified death benefit has a waiting period of two years.
Finally, targeting the needs of life insurance for senior citizens, is the RAPIDecision ℠ Senior Life Term, which is a modified death benefit term policy.
Both would include a modified death benefit, where only a partial payment would be delivered if death occurs in the first few years, with the exception being accidental death where it would pay in full regardless of time frame.
Modified Death Benefit: limited death benefit the first two years based on return of premium paid plus 10 %.
A flexible universal life policy that allows you to change premium payments and modify your death benefit.
Modified Death Benefit — this is for those that had a trouble securing a policy due to poor health.
Should the policyholder choose a modified death benefit option, the amount of the death benefit that is paid out during the first few years would also be limited.
Additionally, it offers flexibility in two important ways: the death benefit and premium payments.1 Once you determine the amount of coverage you desire, we can modify the death benefit and premium payments to fit your specific objectives.
Senior Tribute 2 is a modified death benefit, where if the insured dies within three years of the policy, the premium paid to the beneficiary will equal the contribution plus the 10 percent interest.
Mutual of Omaha's Guaranteed Whole Life Insurance has what is called a modified death benefit should you die of sickness or natural causes in the first two years after you purchase your policy.
Modified Death Benefit: This is a true graded death benefit where the policy pays out only the premiums plus 10 % for two years.
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