Sentences with phrase «only received upon death»

Unlike a term life insurance policy where the benefit is only received upon death or terminal illness, Flagship Whole Life offers tax - deferred, cash - value growth that you can borrow against or cash out.

Not exact matches

However, these days only a handful of insurers offer LTC insurance, so another option may be life insurance with an LTC rider, which allows families to tap into the benefits they would receive upon the policyholder's death while he or she is alive and requires care.

Upon death, not only will your family benefit from the countless cash flow assets you have created during your life, but your family will receive a death benefit that truly represents your human life value.

Remember, if you decide that selling a life insurance policy is a good idea for you, the influx of cash you will receive is only a fraction of the face value of the policy and the amount that your beneficiaries would receive upon your death.

A large cyclone in 1970 caused 500,000 deaths, but a similar cyclone in the same area in late 2007 (including a tsunami - like 2 - metre - high sea water intrusion) caused only 8000 deaths, though affecting the houses or livelihoods or 8 million people: most of the more exposed people received early warning, and took refuge in thousands of government - built cyclone shelters, chiefly schools and other public buildings, made of concrete and other hard materials, and built upon 12 - 15 feet high concrete pillars.

Remember, if you decide that selling a life insurance policy is a good idea for you, the influx of cash you will receive is only a fraction of the face value of the policy and the amount that your beneficiaries would receive upon your death.

Normally the death benefit is only paid upon receiving a valid death claim from the beneficiaries of a life insurance contract.

This means that only upon death of the policy holder will the beneficiaries receive the death benefit.