Sentences with phrase «option of riders»

After understanding the option of riders available with your policy, it is very much necessary to know about each rider in brief.

Any good child insurance plan comes with the options of riders at comparatively nominal costs, which you can avail for extra security.

Look at an option of a rider, which works as an addition to your existing plan and does not risk your already built - up cash value.

Not exact matches

In launching Zimride, Zimmer and Green solved the issue of anonymity, which kept many from using the major competing option of Craigslist rideshare, by attaching profiles to riders and drivers.

Fixed index annuities (FIAs) provide the ability to earn interest and create a stream of lifetime income through annuity options or, if offered, a guaranteed lifetime withdrawal benefit (GLWB) rider, while being protected from market loss.

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.

A critical illness rider is similar, but offers the option of taking an early payout if you are diagnosed with a chronic illness that requires intense care over an extended period of time.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

A waiver of premium rider gives you the option to stop paying premiums while maintaining coverage.

The riders are spoiled for choice given the various seating options (except sideways, of course).

Lhota again urged Long Island Rail Road riders to «seriously consider» transit options for getting to and from Manhattan as commuters crossed their fingers in anticipation of what awaited this morning.

«New York is now one step closer to enabling increased transportation options for riders; allowing for greater economic opportunity for drivers; and creating benefits to the community like reducing impaired driving and CO2 emissions,» said David Mack, the senior director of public affairs at Lyft.

There are a number of different options to choose from and all of them cater for riders of all levels.

The riders also have the option of stipulating that movie producers attempt to hire a diverse behind - the - scenes crew to make the industry even more inclusive.

We want to provide you the freedom to shop around and compare monthly costs to different policy options such as the death benefit, optional riders, and length of the contract.

An option / rider that refunds premiums paid into an annuity less cumulative income payments made, upon the death of the annuitant.

The rider also gives the child the option to buy around $ 250,000 (it varies by company) worth of life insurance with no questions asked when the he or she turns 25.

Option for benefits to continue even after the death of the life insured (when premium waiver rider is opted)

Endorsements (also called riders or options) allow a policyholder to raise the cliam limit of a specific category, such as jewelry or sporting equipment.

Besides the conversion option, you can also benefit from an accelerated death benefit rider, waiver of premium rider and child term rider.

Premium Waiver rider (UIN: 130B005V03): 100 % of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.

Each policy will have different options for this rider when it comes to length of benefit payment and how much it will cost.

Another important note is the fact that you are guaranteed the option to convert all or some of the term policy rider into a permanent policy when the child reaches age of majority.

Term conversion rider is a flexible way to buy a cheaper option with the availability of converting it to permanent insurance policy down the road.

An optional rider allows your client to add the Inflation Protection feature to many of the payment options.

An accelerated death benefit rider simply gives you the option to receive a portion of the death benefit early if you're diagnosed with a qualifying illness.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

A critical illness rider is similar, but offers the option of taking an early payout if you are diagnosed with a chronic illness that requires intense care over an extended period of time.

Ask your agent about options for a renewable term policy, as well as policy riders that include allowing you to purchase additional insurance at a future date regardless of your health, or converting a portion of your term into a permanent policy.

Taking the case of Metlife Insurance, if you decide to buy their offline term insurance product, Met Suraksha Plus, it will give you an option to add riders like critical illness cover and additional accidental death cover which are available to you at a nominal rate.

As mentioned in the above list of best online term insurance plans, some life insurance companies provide optional riders (like Accident death benefit & Critical Illness) and optional features (like waiver of premium or monthly income options etc.,)

If your term policy allows you to convert you can choose to option your rider and convert all or a portion of your death benefit to permanent life insurance.

For more on the different living benefit options available, please visit our article covering long - term care riders vs chronic illness riders, where we go more in depth of the pros and cons of life insurance with living benefits.

But the designs for these policies have largely stabilized over the past five years, due in part to the increased popularity of combination products, such as annuities and life insurance long - term care rider options.

Such provisions, called guaranteed insurability riders or guaranteed purchase options, provide for the purchase of additional insurance at certain times in the future, regardless of any changes in health.

Most of them give you the option to add a life insurance rider for your children.

Our clients typically appreciate the lower cost and different options that you can add - on to term life insurance in the form of what the industry calls «riders».

You can also see an insurance carrier's financial ratings with various institutions to give yourself some peace of mind about their stability, and you can see what term lengths, coverage amounts, and rider options they have so you're confident they can provide policies that work for you.

What makes Progressive bike insurance such a great option for such a broad range of riders is that it offers something for everyone, whether it's the slew of coverage options or the discounts.

In many cases, this return of premium option is a rider on your traditional term life insurance policy.

This included overstating total fees of existing variable annuities or misstating fees tied to additional options such as riders, understating or failing to disclose the existence of an accrued living benefit value clients would lose on getting out of the annuity, and telling clients a proposed variable annuity had a living benefit rider when in fact it didn't, Finra says.

It's because there are several different types of annuities, all with varying terms and rider options, and many financial advisors (or insurance agents) either explain them poorly or purposefully blur the definitions in order to push one product over another.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).

Whether an applicant decides to go with whole life or guaranteed universal life, a couple of options worth exploring with an agent include possibly setting up a lifetime of guaranteed monthly income for beneficiaries or including a rider that gives a policy holder the ability to waive premiums if they become disabled and can't work.

Amica's level term life insurance coverage also allows the option to add a cost of living adjustment rider.

There are also additional optional benefits and riders, which include a waiver of premium, children's insurance, accidental death benefit, and / or a guaranteed option to purchase additional insurance.

The LTC rider or Chronic Illness rider options are a significant way to safeguard your family from financial ruin in the event of a serious illness.

Carefully review the details of your insurance policy — the policy terms and conditions, available riders, customer service options, payment options and product guarantees.

That is one of the many benefits of MassMutual, the company's wide range of options and life insurance riders.

Rather than having to buy an individual long term care insurance policy, as of 2009 you can buy life insurance with a long term care rider instead, opening the market up to more LTC retirement planning options.