Sentences with phrase «payment term of the rider»

Not exact matches

The restoration of benefits rider restores the death benefit if the contract makes long - term care payments.

When you purchase an accidental death and dismemberment rider, read all the fine print and confirm that what is written reflects your understanding of the payment terms, death benefits, and what is both included and excluded from your coverage.

The rider terms range from 5 years to 57 years, however the term can not exceed the Premium payment term of the Base Policy.

You have the flexibility to choose the coverage term for the rider however the rider term can not exceed the premium payment term of the Base Policy.

This is similar to the long term care rider mentioned above, but in this case the payment received comes out of the death benefit instead of being provided in addition.

The following term life insurance with return of premium rider quotes are for informational purposes only are not a guarantee of what your actual ROP premium payments will be.

They're one - part insurance, delivering guaranteed lifetime income when an optional living benefit rider is added to the annuity, and one - part accumulation potential, because a portion of the owner's purchase payments is allocated to a mix of diversified investments that can provide long - term growth to help maximize future retirement income.

Carefully review the details of your insurance policy — the policy terms and conditions, available riders, customer service options, payment options and product guarantees.

With the waiver of premium rider, the premium payments on the term life insurance policy would be waived if the insured were to become totally disabled — as defined in this rider.

Available riders include Disability Waiver of Premium, Children's Term, Living Benefits Rider, and an automatic premium loan option which can take a small loan from the policy to keep it in force when payments are missed.

The company offers term, permanent and final expense life insurance, as well as a wide variety of riders, saving components and payment options.

Supplemental riders available with the term life insurance policy include: waiver of premium rider — premium payments may be waived if insured becomes totally disabled; children's level term insurance rider — Provides term coverage for children; and the accelerated benefit rider — You can receive a portion of the death benefit if you develop a terminal illness.

If you happen to outlive your term life insurance, what this rider will do is entitle you to all the payments you have made over the life of your policy.

Additional Riders: Long Term Care, Disability Payment of Specified Premium, Accelerated Death Benefit, Change of Life Insured

The return of premium rider allows you to get all your premium payments back at the end of the term.

The rider benefit will be available during the premium paying term only, on payment of additional premium over and above the base premium provided conditions on riders (entry age, policy term, sum assured) are satisfied.

When buying an online term plan, besides premiums, look for the life insurance company's online and physical presence, availability of rider, flexibility of benefit payment and claims settlement track record.

Except for factors like fees, riders and the like, you will receive a refund of your premium payments at the end of the policy term.

It is better to take the riders such as personal accident, physical disability, etc. at the time of taking the policy as they offer a comprehensive cover right from the time of signing up for the term insurance return of payment policy, and that too at a very low additional cost.

Accidental Death and Disability rider - You can avail the LIC accidental death and disability benefit anytime during the term of the payment of the premium.

New Term Assurance Rider - The New Term Assurance rider is made available on making the payment of an additional premium at the inception of the policy.

There is no fixed premium as the amount of premium depends on the following factors - term of the policy, sum assured, payment frequency of premium (monthly, quarterly, half yearly, annual) and the riders opted, if any.

Other riders and covers under SBI Shubh Nivesh continue till the end of chosen endowment term upon payment of premiums.

Moreover, taking on additional riders that help build up savings means that the insured person may actually get back more than what they invested in the term insurance return of payment plan.

If policyholder feels that he / she needs cover for additional risks, then he / she may opt for these rider features, and these include the accidental death and accidental disability riders and can be opted along with the basic plan during any policy anniversary of the premium paying term of the policy by payment of the additional premium amount.

The plan has been well customized with eligibility for bonus additions to help the fund grow and waiver of premium benefit rider to give protection for child's future if the proposer of the policy dies during payment paying term.

If a policy with accident benefit rider option is surrendered after attaining surrender value, then a part of the additional premium charged for providing cover after the premium payment term that is after 20 years of policy will also be refunded by us in case of permanent disability due to accident.

Several policy riders are available: The Enrichment Rider (option to add more coverage and cash value over time as you need it); Accident Death Benefit (additional payment for a death as the result of an accident); Child Term Rider (coverage added for your children); Enhanced Care (cash value available for prolonged illness with access to up to 90 percent of the policy value); Flex Term Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or moTerm Rider (coverage added for your children); Enhanced Care (cash value available for prolonged illness with access to up to 90 percent of the policy value); Flex Term Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or moTerm Rider (a term life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or moterm life policy can be added that adds to the coverage for a period of time); and the Disability Waiver (premium is waived for a disability of six months or more).

As you continue your exploration for a suitable Term Plan, you can create a free quote to understand how your plan may pan out, and what all options are available in terms of coverage, cover period, payment modes and additional benefits with riders.

Most life insurance companies include a rider on their term life policies that allows the payment of a portion of the policy death benefit to be paid to the policy beneficiary (s) in the event the primary insured is diagnosed as terminally ill by a practicing, licensed physician.

The rider terms range from 5 years to 57 years, however the term can not exceed the Premium payment term of the Base Policy.

You have the flexibility to choose the coverage term for the rider however the rider term can not exceed the premium payment term of the Base Policy.

So for a plan with 8 years of premium payment term, you can opt this rider in the initial 3 years.

Similarly, evaluate your need in terms of sum assured, term, payment option, rider availability etc and then get it confirmed from the insurer.

The term rider allows the payment of an additional amount should death of the life insured occur before 60 years.

By adding these two riders (there are several more available), you can include coverage for your spouse, especially if she is contributing to the mortgage payment, and get a refund of all premium paid into the policy if you survive the policy term, thereby having free insurance for 30 years.

LIC»S Accident Benefit Rider is available as an optional rider by payment of additional premium during the term of policy.

Same as base plan Premium Payment Term or remaining Premium Paying Term of base plan in case the rider is not taken at inception, subject to a minimum rider term of 5 years and maximum term of 35 yTerm or remaining Premium Paying Term of base plan in case the rider is not taken at inception, subject to a minimum rider term of 5 years and maximum term of 35 yTerm of base plan in case the rider is not taken at inception, subject to a minimum rider term of 5 years and maximum term of 35 yterm of 5 years and maximum term of 35 yterm of 35 years