Sentences with phrase «offer additional death benefit»

Additional death benefit option In addition to the minimum death benefit of Rs. 1,000 per member, the employer can opt to offer additional death benefit.

In addition to the minimum death benefit of Rs. 1,000 per member, the employer can opt to offer additional death benefit.

While a 10 to 20 year term may save you premium over the long run (and offer additional death benefit beyond your mortgage), this type of policy works if your only real purpose for the benefit payout is to coverage the remaining principal on your home when you pass.

Not exact matches

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

* Jackson's earnings protection benefit, EarningsMax, offers an optional additional death benefit.

Optional death benefits are available for an additional fee and offer the potential to increase the amount of money you provide when the time comes.

Indexed Universal Life offers some additional benefits over Universal Life, including potential for higher returns and two death benefit options.

Some variable annuities offer enhanced death benefits at an additional charge that can help ensure a greater legacy is passed on.

Companies offer accelerated death benefits that can provide additional protection for terminal illness and chronic illness.

MarketProtector Advisory offers the same benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

Elite Choice also offers traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, combined with the potential for additional interest linked to the return of an index.

For purposes of our SBA loan topic when considering permanent life insurance, it is most important to understand that (in addition to term life) the required death benefit to satisfy SBA can be purchased in a number of ways that offer additional lifetime and strategic benefits.

MarketProtector offers the benefits of a traditional fixed annuity, such as guaranteed minimum interest, death benefits, and retirement income options such as IncomeAccelerator, which is an optional income benefit for an additional charge.

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.

Whole life insurance policies offer additional benefits besides just a death benefit.

Unlike basic term life policies without additional benefits, this product includes three types of living benefits through accelerated death benefit riders, and a premium waiver during unemployment.2 These riders offer additional flexibility and coverage for a number of unexpected events.

For key person business life insurance, the Salary Increase rider offers owners the ability to increase the death benefit by $ 30,000 increments, up to $ 1,000,000 of additional coverage, with no proof of insurability.

Some will also offer additional or optional coverage such as a waiver of pre-existing conditions, accidental death or the Cancel for Any Reason benefit.

There are even chronic illness riders that offer additional benefits, such as the owner receiving a stream of monthly payments up to 100 percent of their remaining death benefit.

Universal Protector is Prudential's plan which offers lifetime death benefits with a no - lapse guarantee AND at no additional cost, you can have access to their Living Needs Benefits, should you need them during your lbenefits with a no - lapse guarantee AND at no additional cost, you can have access to their Living Needs Benefits, should you need them during your lBenefits, should you need them during your lifetime!

Lincoln Heritage's accidental death and dismemberment coverage is one of their most promoted add - ons, and can added to your final expense policy to offer up to $ 100,000 in additional death benefits.

Permanent insurance offers the same type of death benefits as term insurance but it comes with the additional advantage of providing you with a cash value accumulation feature which is based on interest or depends on how well the market performs.

Over time, life insurance policies have evolved from simply offering pure death benefit protection, to providing many additional savings and investment options.

HDFC Life Uday - This plan involves assured bonuses and additions with an additional; benefit of offering lump sum to the relatives of the plan - holder in case of their death.

Accidental Death Benefit rider offers an additional sum assured over the base plan offering in case death occurs due to an acciDeath Benefit rider offers an additional sum assured over the base plan offering in case death occurs due to an accideath occurs due to an accident.

An endowment plan offers a dual benefit - it pays the sum assured along with additional profits for death and survival both.

In addition to higher premiums, insurance companies that issue guaranteed life policies protect themselves against risk in two additional ways: (1) by offering relatively low payouts, and (2) by typically not providing a death benefit during the first two years after issuing the policy (if the policyholder dies during this time, the company issues a refund of premiums instead).

Accidental Death and Disability Benefit - the LIC New Jeevan Anand plan offers additional coverage as accidental death and disability benefit rDeath and Disability Benefit - the LIC New Jeevan Anand plan offers additional coverage as accidental death and disability benefitBenefit - the LIC New Jeevan Anand plan offers additional coverage as accidental death and disability benefit rdeath and disability benefitbenefit rider.

American National's indexed universal life insurance products offer the same features as the company's regular universal life — such as death benefit and cash value build up — but they also offer this ability to earn an additional amount of return.

PruLife Return of Premium Term offers the Living Needs Benefit rider at no additional cost which will allow you to have access to your death benefits if you become terminally ill, become confined to a nursing home or require an organ transplant.

PruTerm WorkLife 65, offers the Living Needs Benefit rider at no additional cost which will allow you to have access to your death benefits if you become terminally ill, become confined to a nursing home or require an organ transplant.

Accidental Death Benefit Rider — The accidental death benefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural cauDeath Benefit Rider — The accidental death benefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural cBenefit Rider — The accidental death benefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural caudeath benefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural cbenefit rider offers additional protection if you die as the result of an accident (as versus due to illness or natural causes).

Optional accidental death and dismemberment offers additional life benefits in the event of an accident.

One type of policy that can be particularly useful in offering a death benefit while also providing for additional financial needs is variable coverage.

Placing a high value in education, GSMLife offers College 18 plan with competitive rates and with an additional whole life insurance covering permanent protection, death benefits and cash value.

MetLife's term life insurance policies all offer an accelerated death benefit rider at no additional cost.

Express Issue Deluxe — The Express Issue Deluxe also offers an immediate death benefit, as well as numerous additional riders that can help to offer more customized protection.

These plans also offer some additional riders, such as an accelerated death benefit.

For an additional fee, some contracts offer an enhanced benefit that guarantees the death benefit will increase on the policy even if the market value does not.

That it's not all bad news when it comes to the graded death benefit policies because in most cases, if an insured dies from «natural» causes during the graded death benefit period, most guaranteed life insurance policies (or at least the ones we offer here at TermLife2Go) will have some «reimbursement program» whereby the insured's beneficiary will receive back some if not all of the premium payments that the insured paid plus some type of additional interest earns as well.

Hence, we offer you the Extra Life option in which, in addition to the life option benefits, your nominee will receive an additional sum assured in event of death due to an accident.

Some policies also offer an extension - of - benefits - rider that usually doubles the amount of accelerated coverage at an additional cost, but without the purchase of additional death benefit.

This policy also offers an optional accidental death benefit rider that offers additional proceeds in the event of the insured's accidental death.

One reason is because term life offers death benefit coverage only, and no additional cash value or savings component.

Offers an inbuilt rider of Accidental death benefit wherein an additional sum assured is paid only during accidental death of the insured.

People choose annuities for a number of reasons but the biggest reason is the safety they offer, some tax benefits of owning them, and additional features that may come with the annuity such as a death benefit.

The reason that insurance companies may offer policies with graded death benefits is because of the additional risk that they take on with the insureds on burial insurance policies.

Inbuilt Accident benefit rider that offers an additional sum assured in case of accidental death of the insured.