Sentences with phrase «partial death benefit to the beneficiaries»

This rider lets the policy owner take part of the death benefit to pay for nursing home care and home health care of the insured person, while still leaving at least a partial death benefit to the beneficiaries.

This rider lets the policy owner take part of the death benefit to pay for nursing home care and home health care of the insured person, while still leaving at least a partial death benefit to the beneficiaries.

Not exact matches

Your NYL UL and NYL SUL policies have the potential to earn cash value, which can increase the death benefit your beneficiaries receive.2 Provided it's sufficient, your cash surrender value can be accessed through policy loans and partial surrenders1, 3 to buy a home, fund a child's education, or supplement retirement income.

If you choose to take loans or partial surrenders, the cash value and the death benefit payable to your beneficiaries will be reduced.

It's potentially useful if you need it, but any partial withdrawal (systematic or non-systematic) may reduce your annuity's benefits, such as your death benefit, which allows you to pass on the contract to your beneficiaries in the event of your death.

Your NYL UL and NYL SUL policies have the potential to earn cash value, which can increase the death benefit your beneficiaries receive.2 Provided it's sufficient, your cash surrender value can be accessed through policy loans and partial surrenders1, 3 to buy a home, fund a child's education, or supplement retirement income.

Loans and partial withdrawals will reduce the cash value and the death benefits payable to your beneficiaries, and withdrawals above the available free amount will incur surrender charges.

If you choose to take loans or partial withdrawals, the death benefit payable to your beneficiaries will be reduced

If loans or partial surrenders are taken, the death benefit payable to beneficiaries will be reduced.

In the event of death of the life insured, the beneficiary is entitled to receive following benefit: For Gold Option: The higher of Sum Assured less partial withdrawals # or Fund Value is payable, subject to a minimum of 105 % of the total premiums paid, as on the date of death.

In the event of death of the life insured, the beneficiary is entitled to receive following benefit: For Gold Option: The higher of Sum Assured less partial withdrawals #, Policy Account Value, or 105 % of the total premiums paid, as on the date of death.

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals) or Fund Value is payable to the beneficiary (nominee / legal hDeath Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals) or Fund Value is payable to the beneficiary (nominee / legal hdeath during the policy term, the higher of Sum Assured (less Partial Withdrawals) or Fund Value is payable to the beneficiary (nominee / legal heir).

Scenario B - Death Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals), Fund Value in your investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal hDeath Benefit: In the event of his death during the policy term, the higher of Sum Assured (less Partial Withdrawals), Fund Value in your investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal hdeath during the policy term, the higher of Sum Assured (less Partial Withdrawals), Fund Value in your investment account, or 105 % of the total premiums paid till the date of death is payable to the beneficiary (nominee / legal hdeath is payable to the beneficiary (nominee / legal heir).