Sentences with phrase «pay daily benefits»

However, a cash indemnity benefit rider is available on the Facility Only Plan that pays you your daily benefit amount no matter your actual expenses.
Hospital Cash and Home Convalescence for Accident cases only: If the insured person sustains bodily injury which directly or indirectly of all other causes resulting to admission of the insured person as an inpatient within in one calendar month from the date of loss, then the company will pay the Daily Benefit to the insured.
Hospital Cash and Home Convalescence for Accident and Sickness: If the insured person sustains bodily injury which directly or indirectly of all other causes resulting to admission of the insured person as an inpatient within in one calendar month from the date of loss, then the company will pay the Daily Benefit to the insured.
Hospital Cash for Accident and Sickness: If the insured person sustains bodily injury which directly or indirectly of all other causes resulting to admission of the insured person as an inpatient within in one calendar month from the date of loss, then the company will pay the Daily Benefit to the insured.
Long Term Care Insurance (LTCI) is a contract that promises to pay a daily benefit of one's choosing to cover the cost of care in a setting outside an acute - care hospital.

Not exact matches

Additionally, we offer great benefits and flexibility to our team, including unlimited time off, daily lunch, and paid health insurance.
«If our airport staff are looking to upgrade passengers on the day of departure, there is a process that they follow which generally sees passengers that are frequent flyers of the airline — or those that have paid for a fully flexible ticket — benefiting,» Harriet Bevis, Virgin Atlantic spokesperson, told the Daily Mail.
Examples include lifetime guaranteed income riders, critical illness riders, riders that pay for care in event of two of six activities of daily living, and guaranteed rollup death benefits.
Noting this as a priority for company growth, CEO Mark Mednansky has been a strong supporter of positioning females in leadership and has established internal programming (called FEED: Far Exceeding Expectations Daily) to help ensure Del Frisco's Restaurant Group creates a positive and inclusive work environment for its By offering a benefits package complete with fully paid medical for managers, 401K retirement plans and insurance for females and their families, Del Frisco's is able to provide female staff with a sense of security and the ability to focus on job and potential career advancement.
This is something I've committed myself to doing daily, even just for 5 minutes, and the benefits really pay off.
Choice B: Young college grads with degrees in their desired career area — who complete 5 weeks of education training which includes teaching a class 1 hour daily and a small group 1 hour daily, pass the state required tests, continue basic education classes after they begin teaching, are hired with the district paying a minimum of $ 5,000 per teacher to a private organization, are paid salary and benefits negotiated by the district's union, are sought by big corporations, banks, and Wall Street because of their service and skills gained from 2 years of teaching, after 2 years get discounts and benefits from grad schools and employers, after 2 years receive $ 11,000 toward further degrees in education or that initial career choice, and after 2 years are now «experts» in education seeking positions in government to influence education policy.
We pay an additional monthly benefit if the insured suffers a catastrophic disability that prevents the insured from performing certain activities of daily living, as defined by the policy.
Often, the dismemberment benefit will pay a portion of the accidental death benefit for accidents in which the enrolled person or enrolled dependent would suffer the loss of any or all limbs, be paralyzed, lose sight, hearing, speech or specific combinations of injuries that inhibit mobility and activities of daily living.
For example, if you have a stroke and are unable to go to do daily tasks without the assistance of a nurse, you could take a portion of the death benefit early in order to pay for the caretaker costs.
A cost - effective option is to choose the monthly benefit (instead of the daily benefit) that is paid on a reimbursement basis.
We pay an additional monthly benefit if you suffer a catastrophic disability that prevents you from performing certain activities of daily living, as defined in the policy.
So, you will not have a daily value on your account like a mutual fund, but the Trust will pay benefits in future Tuition dollars.
Interest is compounded daily and paid monthly, so users can quickly see the benefits of this money market account.
2 Accelerated Death Benefit for Chronic Illness Rider pays 92 % of death benefit (less a $ 150 administration fee, $ 100 in Florida) if an insured becomes permanently chronically ill, meaning the insured is severely cognitively impaired, such as Alzheimer's, or is unable to perform two of six Activities of Daily Living, such as bathing, continence, or drBenefit for Chronic Illness Rider pays 92 % of death benefit (less a $ 150 administration fee, $ 100 in Florida) if an insured becomes permanently chronically ill, meaning the insured is severely cognitively impaired, such as Alzheimer's, or is unable to perform two of six Activities of Daily Living, such as bathing, continence, or drbenefit (less a $ 150 administration fee, $ 100 in Florida) if an insured becomes permanently chronically ill, meaning the insured is severely cognitively impaired, such as Alzheimer's, or is unable to perform two of six Activities of Daily Living, such as bathing, continence, or dressing.
The death benefit pays money directly to your beneficiaries to help with funeral costs and ongoing financial obligations such as daily living expenses, child education and mortgage payments.
Home and Community Based Care Maximum Daily Benefit (HHCMDB) The amount that will be paid under a Long - Term Care Insurance policy for eligible charges for each day the insured is receiving care or services in the home or community setting.
The long - term care rider establishes a total benefit amount and a daily or monthly benefit amount and pays out based on the same definition as LTCi.
The interest income option is when the insurance carrier keeps the death benefit and pays a defined interest amount on the principal accruing daily, monthly, depending on their rules, paid out monthly or typically quarterly.
Insurance companies usually pay the lesser of the daily cost of care or the daily benefit amount.
Daily benefit amount (DBA) refers to the maximum amount most long - term care (LTC) policies are willing to pay for each day of care.
If you need to stay in a nursing home or assisted living facility, long term care insurance will pay a daily or monthly benefit toward the cost of that care.
An additional monthly benefit is paid if you can not perform two or more activities of daily living.
Inconvenience Allowance: Under this plan, the company will pay the Insured a daily cash benefit as mentioned in the schedule provided:
Funds sufficient to pay for the Cost of Insurance, benefits and monthly administration charges are retained in the daily interest account to pay all charges for the following 12 months.
Chronic Illness - This benefit returns all of the premiums paid and is triggered when the insured can not perform at least 2 of the 6 «activities of daily living» (bathing, continence, dressing, eating, toileting, transferring) or is diagnosed with a severe cognitive impairment like Alzheimer's or dementia.
Hospital cash benefit for normal hospitalization is provided in which a daily cash amount is paid for each continuous and completed period of 24 hours if the insured person is hospitalized for more than 24 hours, due to sickness.
Conversely, if a policy includes a chronic illness benefit, the insured will be paid a monthly amount of funds if they are deemed to be chronically ill, and they are also not able to perform at least two activities of daily living, or ADLs.
If you die your policy pays a lump sum death benefit to your beneficiary but if you are unable to perform 2 of 6 activities of daily living your LTC insurance provides a cash benefit to you for long term care needs in a nursing home, assisted living facility, or in home care.
Benefit periods are typically three to five years, and correspond to the lifetime benefit cap, or the maximum dollars that will be paid by the insurance company on the policy; these figures are related in terms of the maximum daily benefit over the number of years in the benefit Benefit periods are typically three to five years, and correspond to the lifetime benefit cap, or the maximum dollars that will be paid by the insurance company on the policy; these figures are related in terms of the maximum daily benefit over the number of years in the benefit benefit cap, or the maximum dollars that will be paid by the insurance company on the policy; these figures are related in terms of the maximum daily benefit over the number of years in the benefit benefit over the number of years in the benefit benefit period.
American General Life provides two different living benefits with this policy: a Chronic Illness Benefit and a Terminal Illness Benefit.The Chronic Illness Benefit outlines that if you can not perform certain activities of daily living or if you are diagnosed with a severe cognitive impairment, American General Life Insurance Company will return all of your premiums paid up to 50 % of the policies ultimate face amount less any policy loan balance and an administrative fee.
Long - term care insurance provides a monthly benefit to help you pay for daily care if you lose your independence due to a physical or cognitive impairment.
Company E: Outside the US benefits are paid up to one half (50 %) the Daily Benefit amount.
He suggested me to buy a PA policy of Rs. 10 Lacs to begin with which covers Accidental death (100 % of SA), Permanent Total Disablement (100 % of SA), Permanent Partial Disablement (certain % of SA depending on severity of injury and resultant disablement) and Fractures (upto Rs. 50,000 / --RRB- for a premium of Rs. 1850 / - He also suggested that I can opt for Add on benefits of hospitalization (upto Rs. 1 Lakh) and daily cash allowance (Rs. 500 / - per day for max 5 days) by paying another 1,100 / - thus totaling to Rs. 2,950 / -
Specifically, a tax - qualified, long - term - care insurance policy will pay benefits if and when you have a cognitive impairment, such as Alzheimer's disease, or you need assistance with two of the six so - called activities of daily living: eating, bathing, dressing, going to the bathroom, getting in and out of bed or a chair, and maintaining continence.
Hospital Cash Benefit which pays a chosen daily benefit upon the hospitalization of the IBenefit which pays a chosen daily benefit upon the hospitalization of the Ibenefit upon the hospitalization of the Insured.
It pays daily cash benefit while an insured is confined in a hospital or ICU.
Cash benefits to beneficiaries can also be used to pay off debts, continue daily operations, and help a family member of a key employee to take the reins so that the business survives.
This hospital daily cash benefit will be paid once by the insurance company during the tenure of your policy, and can be used for certain number of days as mentioned in your health insurance plan.
A long - term care rider covers the daily care needs of the elderly, such as bathing, grooming, dressing, and eating and provides a daily benefit amount decided by and paid to the family.
The plan has daily hospital cash benefit, lump sum pay out on diagnosis of 18 critical illnesses listed or 138 surgeries specified.
Travel Delay If you are quarantined because of swine flu, many of our policies will pay a daily per person benefit up to the coverage limit for unexpected meals, accommodations and transportation that result from your delay.
Choosing an insurance policy with an accelerated benefits allows the policyholder to pay for their daily living in an effort to make it as comfortable as possible while also allowing the holder to look after his or her family once they pass away.
Initial Waiting Period: Company will not pay any Daily Hospital Cash Benefit or Surgical Benefit within 60 days from date of commencement or reinstatement of cover whichever occurs later, except where such expenses are incurred for treatment of a condition caused by an Accident.
Daily cash benefit is paid up to Rs 250/500 per day, up to a maximum of Rs 2500/5000.
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