Sentences with phrase «paid for the terminal illness»

After this payment the death benefit will be reduced by the equal amount paid for the terminal illness benefit.

Not exact matches

Suffice to say that «The Book of Henry» has no compunction about milking child abuse, terminal illness and family grief for cheap emotional uplift and the kind of spiritual sanctimony that brings the unwelcome specter of «Pay It Forward» to mind.

Accelerated Benefits rider (terminal illness only): pays out a portion of the death benefit for a qualifying terminal illness.

If you or a loved one are dealing with a terminal illness, the last thing you need to worry about is how to pay for a funeral.

On the protection side, it generally includes a tax - free death benefit to your loved ones and has an optional feature that gives you the ability to access your policy values to help pay for costs should the insured suffer from a chronic or terminal illness, just in case.

If you die during the term of your life insurance policy, or you are diagnosed and are eligible to claim for a terminal illness, a lump sum will be paid.

An MVA will not apply if a payment option is elected that provides annuity payments for five years or longer, to pay a Death Benefit, or if the Confinement / Terminal Illness Waiver of Surrender Charge requirements are met.

Sophisticated index - linked crediting strategies for greater upside potential Increased estate value Control and access to your money for emergencies and opportunities through policy loans Living benefits to help pay for the expenses of a terminal condition or a chronic illness and care — Chronic Illness is not available in all states Transferring money more efficiently to youillness and care — Chronic Illness is not available in all states Transferring money more efficiently to youIllness is not available in all states Transferring money more efficiently to your heirs

While most insurers only allow you to receive a portion of your death benefit early if diagnosed with a terminal illness, Northwestern Mutual lets you accelerate funds to pay for long term care.

If you're diagnosed with a terminal illness, this lets you access your death benefit while you're still alive so you can use it to pay for medical expenses.

In this case, it allows you to pay for medical expenses related to a terminal illness — for example, a terminal case of cancer.

Mutual of Omaha makes up for it by including high benefits for the accelerated death benefit, which allows you to take money out of your policy to pay for charges related to a terminal illness.

On the protection side, it generally includes a tax - free death benefit to your clients» loved ones and has an optional feature that gives them the ability to access their policy values to help pay for costs should the insured suffer from a chronic or terminal illness, just in case.

Allows the policyholder to access the death benefit early in to pay for medical expenses in the case of terminal illness.

Riders can be purchased to accelerate your death benefit and pay you out for medical expenses if you have a terminal illness but haven't passed away yet.

If a policyholder is diagnosed with a terminal illness and his or her estimated remaining life expectancy falls within a year, then the company will pay him or her a substantial amount in order for medical expenses to be covered.

If you should experience any qualifying critical, chronic, or terminal illness — such as a heart attack, stroke, or cancer, to name a few — you would have the option to collect part of your death benefit to help pay for expenses associated with your illness.

This company will allow only one election per policy for terminal illness and the payment will be paid in a lump sum.

Riders can be purchased to accelerate your death benefit and pay you out for medical expenses if you have a terminal illness but haven't passed away yet.

Terminal illness, disease, and disability contribute to families losing the home they have worked so hard to pay for over the years.

If you're diagnosed with a terminal illness, this lets you access your death benefit while you're still alive so you can use it to pay for medical expenses.

In this case, it allows you to pay for medical expenses related to a terminal illness — for example, a terminal case of cancer.

That includes the accelerated death benefit, which lets you access your death benefit while you're still alive, but suffering from a terminal illness, so you can pay for medical expenses.

Accelerated Death Benefit: A benefit attached to most term life policies for no additional fee that will pay out a portion of the death benefit while you are still living and diagnosed with a terminal illness, each benefit is different based on the company.

An MVA will not apply if a payment option is elected that provides annuity payments for five years or longer, to pay a Death Benefit, or if the Confinement / Terminal Illness Waiver of Surrender Charge requirements are met.

The insurance comes with an accelerated death benefit rider which pays out early if the insured is diagnosed with a terminal illness and given less than 12 months or if the insured is confined to a nursing home for more than 90 days and is expected to remain confined for the duration of the insured's life.

The rider allows the individual to receive a portion of the policy's death benefit to pay for medical expenses if he is diagnosed with a terminal illness.

A critical illness rider allows the insured to collect a portion of the death benefit to pay for medical and other expenses if he is diagnosed with a terminal illness.

Sophisticated index - linked crediting strategies for greater upside potential Increased estate value Control and access to your money for emergencies and opportunities through policy loans Living benefits to help pay for the expenses of a terminal condition or a chronic illness and care — Chronic Illness is not available in all states Transferring money more efficiently to youillness and care — Chronic Illness is not available in all states Transferring money more efficiently to youIllness is not available in all states Transferring money more efficiently to your heirs

In case of terminal illness, the terminal illness benefit is paid if the insured is expected to live for not more than 6 months.

The premium payment is annual for 30 years of the policy tenure In case of all the above 9 options, the death benefit amount will be paid in lump sum on diagnosis of terminal illness.

The accelerated death benefit provides for the insurer to pay out a percentage of the death benefit if the policyholder is diagnosed with a terminal illness.

Income replacement option this plan ensures that your income is replaced and continues to be paid to your nominee in case you're not around for the return of premium option if you survive your policy term then all your premiums paid till date will be returned on debt or diagnosis of terminal illness during the term a lump sum benefit will be paid to your nominee lifelong protection option this plan ensures that you are protected for your entire life.

The bonus, if used to enhance the Sum Assured can also be withdrawn for emergency use.The plan has an inbuilt Terminal Illness benefit wherein 50 % of the Guaranteed Maturity Benefit is paid on request if the insured suffers from any terminalTerminal Illness benefit wherein 50 % of the Guaranteed Maturity Benefit is paid on request if the insured suffers from any terminal Illness benefit wherein 50 % of the Guaranteed Maturity Benefit is paid on request if the insured suffers from any terminalterminal illnessillness

There is an in built Accidental Death Benefit and Terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminalTerminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminal Illness Benefit for 5000 - 50 lakhs cover under which the additional benefit is paid in case of accidental death or on diagnosis of the terminalterminal illnessillness

These benefits are paid under certain conditions, like the onset of a medically incapacitating condition, the diagnosis of a terminal illness, the need for long - term care or confinement to a nursing home.

On diagnosis of any terminal illness of any of the partner, 25 % of the sum assured value will be paid immediately (maximum 100 lakh) to the policy holders for continuing the treatment.

Besides you would also get additional benefits of terminal illness and life stage benefit and you wouldn't have to pay separately for them with certain insurers.

Allstate Whole Life Advantage is available in most states with series LU11040 or form ICC12A1 and may be accompanied by the following riders: Primary Insured Term (LU11045 Series / Form ICC12A6), Additional Insured Term (LU11043 Series / Form ICC12A4), Paid - Up Insurance (LU11041 Series / Form ICC12A2), Children's Level Term (LU11042 Series / Form ICC12A3), Waiver of Premium (LU11051 Series / Form ICC12A11), Guaranteed Insurability (LU11044 Series / Form ICC12A5), Accelerated Benefit for Terminal Illness (LU11048 Series / Form ICC12A9), and Accelerated Benefit for Chronic Illness (LU11046 Series / Form ICC12A7).

A viator is a person with a terminal or life - threatening illness who sells his life insurance policy at a steep discount to pay for health - care costs or improve quality of life.

The Terminal Illness benefit is an in - built benefit available with the AEGON Life iReturn Insurance Plan, and you do not need to pay any additional premium for availing this benefit.

This is more common when the insured has a terminal illness, and in these situations family member's can help pay for the policy, but the insured must initiate the conversion process.

Some carriers include the following riders in a life insurance policy, without any additional cost: - Accelerated benefit rider (partial benefit paid in case of terminal illness)- Accidental death benefit (additional benefit in case of accidental death)- Waiver of premium (most companies will charge extra premium for this rider).

For example, if the insured requires money for paying the expenses of a skilled nursing facility or for paying costs that are due to a terminal illness, she may be able to do For example, if the insured requires money for paying the expenses of a skilled nursing facility or for paying costs that are due to a terminal illness, she may be able to do for paying the expenses of a skilled nursing facility or for paying costs that are due to a terminal illness, she may be able to do for paying costs that are due to a terminal illness, she may be able to do so.

If you or a loved one are dealing with a terminal illness, the last thing you need to worry about is how to pay for a funeral.