Sentences with phrase «optional life insurance policy rider»

Waiver of Specified Premium - An optional life insurance policy rider that waives a specified premium on a traditional product for the length of a qualified disability as outlined in the policy

Waiver of monthly deduction - An optional life insurance policy rider that waives the monthly Cost of Insurance charges on a universal life or variable universal life policy for the length of a qualified disability as outlined in the policy contract.

Not exact matches

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as rRiders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as ridersriders.

However, some life insurance companies offer optional riders that add AD&D coverage onto a traditional term life policy.

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of variable universal life insurance products.

Additional optional benefits and riders that can be available with the Amica level term life insurance policies include the waiver of premium, the children's insurance rider, and an accidental death benefit rider.

Variable universal life offers flexible life insurance protection and cash value growth potential to use as retirement income or for other expenses.1 The optional riders (available for an additional change) let you customize a policy to fit your needs.

Some life insurance policies for children come with an optional guaranteed insurability rider / endorsement that may available for a nominal cost.

The LifeScape Whole Life Insurance policy consists of a pair of riders at no extra premium, as well as an optional 10 riders that includes a Critical Illness Benefit.

Optional Riders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as rRiders: Additional benefits such as Children's Term Insurance, Grandchild Term Insurance, Accidental Death and Dismemberment, Waiver of Premium, and Accelerated Living Benefit may be added to some policies as ridersriders.

Both Term and whole life insurance policies have optional riders such as disability waivers, spouse riders, children's riders, additional accidental coverage, and so forth.

Riders are additional benefits in a life insurance policy and are purely optional.

Some life insurance policies for children come with an optional guaranteed insurability rider / endorsement that may available for a nominal cost.

Many life insurance policies may offer optional endorsements and / or riders for an additional premium.

Riders are only available through the purchase of a policy, and of course you would want to have a demonstrated need for life insurance before considering an optional rider.

Oftentimes, term life insurance policies will come with optional riders where the plan can be more customized to fit the needs of the insured.

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of a variable universal life insurance product.

Available only at issue, policyholders often add the rider as an optional or supplemental benefit to a life insurance policy.

Automatic increase rider - An optional policy rider in a universal life insurance policy that provides scheduled increases in face amount based on a designated percentage, beginning in a designated policy year.

Children's term rider (or children's insurance benefit)- An optional policy rider that provides level term insurance on children or the lives of the primary insured.

Farmers EssentialLife ® Simple Whole Life is a modernized whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policLife is a modernized whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policlife insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policlife with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policies.

The optional Waiver of Premium rider gives you the benefit of not needing to continue paying the premiums on your life insurance policy should you become completely disabled and can not work.

The base policy you buy is permanent life insurance (as opposed to term life) and the long - term care benefit protection is provided through an optional rider.

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of variable universal life insurance products.

The second option for a combination life insurance and long - term care policy is what is known as the «optional rider» plan.

The Farmers Essential Life Simple Whole Life insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional riders that can be added (at an additional premium charLife Simple Whole Life insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional riders that can be added (at an additional premium charLife insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional riders that can be added (at an additional premium charlife insurance, with various optional riders that can be added (at an additional premium charge).

Riders are optional add - ons to a life insurance policy that provides extra coverage or benefits that expands the scope of the life insurance policy.

Guaranteed Insurability Rider DEFINITION: an optional rider attached to permanent life insurance policies that allows the owner to elect to purchase additional life insurance death benefit coverage periodically at certain attained ages, or alternatively, upon certain special occasions such as marriage and the birth of a child.

Optional policy riders at a small cost include; Accidental Death Benefit, Accelerated Living Benefit Rider, Children's Insurance Agreement Rider, Total Disability Benefit Rider, Waiver of Premium Rider, and Waiver of Premium for Unemployment Rider.

During the first year, all of your premium payments will go to pay the life insurance premium and optional benefit riders of your policy and is payable at age 100.

The waiver of a premium rider is an optional policy provision that provides for the life insurance policy's premium payment in case of the total disability of the insured to pay; age restrictions and coverage maximums apply as per usual.

The waiver of premium rider is an optional policy provision that provides for the payment of a life insurance policy's premium in the event of the total disability of the insured.

The first thing is that these riders are an optional addition to your life insurance policy.

Most insurers now offer several riders (optional coverage) that will allow the policyholder to broaden their coverage and create a more comprehensive life insurance policy.

Accident cover is available in many forms like — as an optional rider with a life insurance policy, as an add - on policy to your motor insurance or home insurance, as a group insurance cover from your employer, and as a standalone plan.

Farmers EssentialLife ® Simple Whole Life is a whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policLife is a whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policlife insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policlife with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policies.

Add even more value to your Select Term Life Insurance policy by buying any of these optional riders.1 A State Farm agent can help you customize a policy to meet your needs.

The accelerated death benefit may be part of the original policy contract or an optional rider — it depends on your life insurance company.

Many life insurance policies offer a variety of optional coverage benefits called «riders» that may be available to policyholders for an additional premium charge.

You may choose to limit or expand your life insurance coverage for term insurance or permanent insurance policies through the use of policy riders, which are optional provisions that can be added to your original life insurance policy for an additional premium.

A critical illness rider is an optional add - on feature that can be bought to compliment the life insurance policy.