Sentences with phrase «other than the death benefit»

(2) Notwithstanding anything in this Act, but subject to subsections (2.1) and (2.2), an application for a benefit, other than a death benefit, that would have been payable in respect of a month to a deceased person who, prior to the person's death, would have been entitled on approval of an application to payment of that benefit under this Act may be approved in respect of that month only if it is made within 12 months after the death of that person by the estate, the representative or heir of that person or by any person that may be prescribed by regulation.

A conventional Term or Universal life insurance policy has no provisions for lump sum payment for anything other than the death benefit.

You may have always wished that you gain more perks from your term insurance policy (other than death benefit).

Certainly, financial gurus like Dave Ramsey and Suze Orman are against life insurance for any reason other than a death benefit, but remember, while speaking out against most life insurance products, they are -LSB-...]

Not exact matches

The consumer will incur a surrender charge, be subject to the commencement of a new surrender period, lose existing benefits (such as a higher crediting guarantee than is currently available, as well as death, living or other contractual benefits), or be subject to increased fees, investment advisory fees or charges for riders and similar product enhancements;

However, permanent life insurance solutions that focus on providing lifetime guaranteed death benefits, such as these, are typically less expensive than other types of permanent life insurance that emphasize savings opportunities.

On the other hand, if you have severe enough health problems to not qualify for term life insurance, mortgage life insurance will offer larger death benefits than many alternatives.

You seem to have highlighted particular sins as though some are worse than others all sin leads to death not just the big ones because we all are sinners.All have gone astray none are righteous.I believe the worst sin is pride idolatry is the first commandment we set ourselves as Gods.Regardless of what the sin is, our hearts are condemned by our pride.It wasnt the sin of homosexuality or sexual deviance that destroyed sodom.It was there pride and it is one of our biggest stumbling blocks in our christian walk or it certainly was for me.We look at the story of the adulterous woman and we think adultery is a terrible crime but the story is for our benefit to show that we all are sinners that Jesus does nt condemn us but came to save us.And when Jesus says go and sin no more he was not only talking to the woman but everyone else that was around judging her for her sin its a universal message that we all need to see that we all are condemned because of our sin that Jesus came to save us and that we turn from our sin and follow him.Because he is the way the truth and the life.brentnz

a. Death Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tDeath Benefit (other than death due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath due to Accident)-- During Waiting period of 90 days: In case of the death (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath (other than due to Accident) of the Life Insured during the Waiting Period of 90 days, the Death Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tDeath Benefit payable will be 100 % of premiums paid till the date of death, exclusive of applicable tdeath, exclusive of applicable taxes.

On the other hand, if you have severe enough health problems to not qualify for term life insurance, mortgage life insurance will offer larger death benefits than many alternatives.

If you or your beneficiary elect an option other than lump sum, any interest accrued on the death benefit will be taxed.

(Retiring allowances, RRSP withdrawals other than annuity payments, and death benefits can't be split.)

Under the terms of our annuity contracts currently being issued, if the annuity contract is owned by an individual other than the annuitant, no death benefit is payable in the event of the annuitant's death.

This type of universal life insurance focuses LESS than other types of permanent life insurance on cash value accumulation and MORE on securing a permanent death benefit.

If death during the first two years is due to non-accidental causes (other than suicide), the benefit payable will be equal to all premiums paid plus 10 % interest compounded annually.

Conveniently leave money for your loved ones with the ability to bypass your estate by naming a beneficiary other than the estate to receive the death benefit

Other benefits include accidental death, which provides benefits when death occurs as a result of an accident, family plan for insured spouse and children, disability waiver of premium, which waives the premium payments if the insured becomes disabled for more than 6 months and mortgage payment disability benefit which offers money to continue making payments if the insured individuals becomes disabled for 60 days or longer.

With term life, there is death benefit protection only, with no cash value build up — and because of that, term life insurance can frequently cost less than a comparable permanent life insurance policy (all other factors being equal).

Although the initial death benefit is lower than with the guaranteed universal life policy, overtime the death benefit of a properly structured whole life policy may far surpass what other insurance policies will offer.

Guaranteed issue life insurance is sometimes referred to as a «last resort»; because the insurer really has no idea about what they're insuring, guaranteed policies are very expensive and the death benefits are usually less than what you'll get with other insurance types.

[42] In other words, Part 7 (at least so far as it is concerned with benefits following injury, rather than death benefits) has two related objects: to compensate an insured person for a portion of the financial loss accrued from temporary total disability caused by a motor vehicle accident; and, where possible, to do so in a manner that brings about the end of the total disability by returning the injured person to employment or self - sufficiency.

(6) In an action for loss or damage from bodily injury or death arising directly or indirectly from the use or operation of an automobile, the damages to which a plaintiff is entitled for pecuniary loss, other than the damages for income loss or loss of earning capacity and the damages for expenses that have been incurred or will be incurred for health care, shall be reduced by all payments in respect of the incident that the plaintiff has received or that were available before the trial of the action for statutory accident benefits in respect of pecuniary loss, other than income loss, loss of earning capacity and expenses for health care.

Exclusion e. shall not exclude coverage for your legal liability other than benefits or compensation provided for under any workers compensation act, resulting from the deliberate intentional act of an «employee» or agent other than an executive officer, director, stockholder or partner) that produce injury or death to another «employee» when such act is committed within the scope of employment.»

If death during the first two years of coverage is due to non-accidental causes (other than suicide), the benefit payable will be equal to all premiums paid plus 10 % interest compounded annually.

The cash value accumulation generally does not equal the amount of death benefits and premiums are more expensive than other equivalent standard life insurance policies.

While pays the full death benefit from the beginning of the policy, the latter will pay a smaller benefit if you happen to die within the first two years (other than accidental death).

A contract is described in this paragraph (c)(2)(iv) if the contract provides that no benefit is permitted to be paid to a beneficiary other than the employee's surviving spouse after the employee's death --

It is more expensive than other kinds of insurance and the death benefit is limited.

The death benefits offered by a no - medical exam life insurance policy are sometimes lower than what might be offered by some other types of life insurance.

Graded death benefits means that if the policyholder dies of natural causes (any cause other than an accident) during the first two years the beneficiaries will receive all premiums paid plus 10 percent.

A term life policy can leave you with nothing after 20 years of premiums (other than your health, obviously), so some like the option of cashing out a whole life policy early for a portion of the complete death benefit should they want or need the money.

The contract satisfies the requirements of this paragraph (c)(2)(ii) if the contract provides that no benefit is permitted to be paid to a beneficiary other than the employee's surviving spouse after the employee's death --

These life insurance policies are focused on burial insurance and have a smaller death benefit than some other life insurance policies.

This policy provides a graded benefit, which means that if death of the insured that is due to natural causes — in other words, death that is caused by means other than an accident — during the first two years in which the policy has been in force, the named policy beneficiary will only receive back all of the premiums that were paid in, plus 10 percent, as versus the face amount of the policy.

The Income Protection Option (IPO) allows a different death benefit payment other than a lump sum.

Variable Life Insurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie the policy.

Group purchase can sometimes offer you a lower rate for a given death benefit either because the employer or other group sponsor subsidizes the premium or because the rates are averages weighted by people younger than you.

Some term insurance plans may provide a higher death benefit for annual premium payment than for say the other periods, say a month.

Guaranteed issue life insurance is sometimes referred to as a «last resort»; because the insurer really has no idea about what they're insuring, guaranteed policies are very expensive and the death benefits are usually less than what you'll get with other insurance types.

With term life insurance, there is death benefit coverage only, without any type of cash value or savings build up — and because of that, term life insurance can often be much more affordable than a comparable permanent life insurance policy option (with all other factors being equal).

Whole life insurance is a safer permanent life insurance choice than some others, it can provide guaranteed interest, premium, and death benefit, so you know what to expect.

Whole life policies may also provide a rate of return on the cash value — ignore the death benefit — that is better than the returns on other fixed - income investments that have more risk.

In this case, one section of the level premium term life insurance will pay out a death benefit for any cause — other than those that are specifically excluded in the policy.

Also, the amount of death benefit coverage found through AARP tends to be much lower than that of other term policies.

Whole life policies offer a choice of having a level benefit (where the policy pays out the face amount and any rider benefits to a named beneficiary upon the insured's death), or a graded benefit (where the policy will pay out a reduced amount of benefit if the insured's death occurs for reasons other than an accident within the first two policy years).

These plans are definitely not for everyone, and will most likely require a very knowledgeable agent, and both a tax and financial professional, to ensure the long term benefits are properly organized, especially when used for something other than permanent death benefit.

Also... there is the cost of insurance that is not present in other financial vehicles, but this cost can be less than other options and you do get a death benefit with insurance.

Low Death Benefit Amounts: The ceiling on coverage is comparably lower than what you will find through other life insurers.

Whole life offers both a death benefit and cash value but is much more expensive than other types of life insurance.

Based on data above, Colonial Penn Life Insurance is a more expensive option with lower death benefits than other competitors.