Sentences with phrase «of death benefit coverage now»

Death Benefit — Your child's life insurance plan can provide up to $ 20,000 of death benefit coverage now and as long as the policy remains In Force.

Not exact matches

Permanent coverage essentially means that whether you die 5 years from now or fifty, the net death benefit of your policy will be paid to your beneficiary.

Now, Geico does not offer permanent life insurance coverage — which includes whole life, universal life, indexed universal life, variable life, or variable universal life — all of which include both death benefit protection and a cash value component.

Permanent coverage essentially means that whether you die 5 years from now or fifty, the net death benefit of your policy will be paid to your beneficiary.

The idea here is that you get the coverage amount you need now with the option of converting all or a portion of that death benefit into a permanent cash value policy.

Now the good news is that there will be a few options that we can consider, the bad part is that most (if not all) of these options will be limited to about $ 25,000 dollars in coverage, and will contain what is called a Graded Death Benefit.