Sentences with phrase «on additional life insurance policy»

For more information on additional life insurance policy riders, visit Protective's Learning Center.

For more information on additional life insurance policy riders, visit Protective's Learning Center.

Not exact matches

If you are considering permanent life insurance but have some questions or you need some additional guidance on which company and policy are the right fit for you, please give us a call today for a free strategy session.

This rider is also known as paid - up additional insurance and is available on participating whole life insurance policies.

Now compare these rates to a guaranteed lifetime rate of return averaging 4 % in a whole life policy from a mutual life insurance company, AND don't forget to add an additional 3 - 4 % on top as an average annual whole life insurance dividend.

Earthquake insurance in Oakland, in the form of an endorsement on your renters policy, will cover not only your personal property that suffers a loss, but also your additional living expenses like a hotel if that earth movement loss prevents you from using the insured residence.

One can also consider splitting of term insurance policies ie buying additional cover depending on the life stage.

For mortgage protection insurance, these forms of additional coverage are added on to policies and are known as living benefit riders.

«Depending on the policy and the insurer, the child will be permitted at eighteen years of age or the legal age of consent in their state to purchase an additional $ 25,000 of life insurance, irrespective of his or her health.

It also suggests that when the redemption price of life insurance nears the life settlement value of a policy, careful consideration needs to be given to determine whether the additional tax burden of selling on the life settlement market justifies the transaction.

However, whole life insurance premiums are more expensive than term life insurance because of the additional cash component and would need to be considered when deciding on purchasing a whole life insurance policy.

If you're currently getting a bundled discount from an insurance company on, say, an auto insurance and a life insurance policy, use that leverage when you need additional insurance.

Riders are like additional mini-contracts that you add on to your life insurance policy.

As your child grows into an adult, this rider allows you to buy additional life insurance above the face value of the current policy (on specific dates and in certain increments) regardless of his / her health status at the time.

It's important to understand — If the insured passes away, and the primary beneficiary dies, and there is no contingent beneficiary — The proceeds of the life insurance policy pass on to your estate, and may be subject to additional taxes and fees that otherwise would not been taken from the proceeds.

You can always supplement your life insurance with an additional policy later on for a smaller amount of money and a shorter term.

If John decides to purchase return of premium life insurance, however, he'll be paying additional money for a rider on his policy.

In order to cancel the rider on a life insurance policy, the policy owner typically only has to notify the insurance company that he or she no longer wishes to have this additional coverage on the policy and to remove the rider from the policy.

Your homeowner's insurance policy has additional living expenses coverage which would be available to use after a hurricane loss, but there is no additional living expenses coverage on a flood policy.

Bob also had a $ 60,000 life insurance policy through his employer that his employer was kind enough to keep making payments on until Bob's death, so Mary would have access to $ 60,000 additional life insurance money.

Riders are like additional mini-contracts that you add on to your life insurance policy.

Depending on your needs there may be some additional considerations for choosing a permanent life insurance policy over term life.

In the insurance sector, a bonus is an additional sum which is accrued to the life insurance policy on an annual basis.

Life insurance has fees and charges associated with it that include costs of insurance that vary based on the insured person's sex, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

There is a specific type of coverage on all renters insurance policies, called Loss of Use or Additional Living Expenses.

If your net worth has increased since you took out your policy or you haven't compensated for the jump in the estate tax rate from 35 percent to 40 percent, which happened in 2012, you may wish to compare life insurance quotes on additional coverage.

Does it make sense to pay an additional cost for a waiver of premium rider on a life insurance policy?

These riders take your term life insurance policy up a notch and give you additional benefits on top of your life insurance.

The rider on a life insurance policy is purchased separately from the policy and it will provide additional benefits, typically at an additional premium cost.

Oftentimes the accelerated death benefit is automatically included on certain types of life insurance policies for free or for just a small amount of additional premium payment.

Certain policies also allow your child to purchase additional life insurance on top of what you bought, no matter their health status.

For a $ 250,000 policy for a 40 year old male, an Accidental Death Benefit rider for an additional $ 250,000 of coverage in case of accident (for a total of $ 500,000) would cost between $ 150 - $ 250 depending on which life insurance company you choose.

Depending on the state you live in and the insurance provider, you can purchase additional coverage for items excluded in the general policy, such as damage due to earthquakes and floods.

An Additional Term Insurance Rider lets you do just that by blending term life insurance and variable universal life coverage on onInsurance Rider lets you do just that by blending term life insurance and variable universal life coverage on oninsurance and variable universal life coverage on one policy.

The final benefit of our indexed universal life insurance pros and cons list is one that is actually an additional life insurance rider on most policies — the disability rider.

The crucial component of selecting your chosen policy from a bunch of funeral insurance quotes is to make it relevant to your needs, your circumstances and not just comprised of a multitude of additional features that have no bearing at all on anything in your life.

Life is full of the unexpected and that means there are many reasons why it is a smart idea to include roadside assistance as an additional coverage option on your auto insurance policy.

This coverage allows the policy owner to purchase additional amounts of insurance on the life of the insured person without evidence of insurability up to a maximum of 5 times.

73, No. 216 contains additional details on reporting requirements for employer - owned life insurance policies issued after August 17, 2006.

This is because it will «add - on» benefits to an existing life insurance policy, allowing the beneficiary to receive an additional amount of proceeds, which can sometimes even double the amount of the original life insurance policy.

When applying for coverage on these types of policies, an individual will need to go through the typical steps of life insurance underwriting, along with some additional standards that are used for underwriting traditional long - term care insurance plans.

Whether you decide on a final expense plan like one of these or a different type of life insurance policy, you and your loved ones are going to enjoy a great peace of mind knowing in the event of your death, no one will have to worry about the additional burden of unexpected expenses.

The additional term insurance option sometimes allows dividends to be used to purchase additional term insurance on the policy holders life.

Consult a tax advisor for additional information on the tax treatment of loans or withdrawals from a life insurance policy.

There is a large variety of life insurance policies on the market to meet a wide range of policy holder needs, and choosing the best coverage for your specific situation depends on several factors including income, dependents, and additional financial priorities.

• Receive Cash — Generally payable annually in the form of a check on the anniversary date of the policy • Use Towards Premiums — Instead of taking the dividends as cash, you can apply the money towards your policy premiums • Let Dividends Accumulate — Means that you accumulate your dividends as interest and can withdraw anytime but will be required to pay taxes on any interest accrued • Buy Paid - Up Options — Means that you can use the dividends to buy additional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a sepaadditional life insurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separinsurance of the kind you already have in place • Buy Additional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a sepaAdditional Insurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separInsurance — You can use the dividends to buy a 1 year term life insurance policy which would be provided as a separinsurance policy which would be provided as a separate rider

The Principal offers this feature on many of its term life insurance policies — and the insured will not need to provide additional evidence of insurability.

A universal life contract provides access to cash value accumulation like that of a whole life policy; however, cash value within a universal life policy includes a guaranteed minimum interest rate plus an additional interest payment if and when the life insurance carrier experiences higher returns on its own investments.

An optional add - on to a life insurance policy that gives the insured the ability to convert all or part of their term life insurance coverage into a permanent policy without additional medical exam.

Paid - up additional insurance is available as a rider on a whole life policy.