Sentences with phrase «policy face amount»

Cost varies by age and benefit amount with options ranging up to $ 250,000 — not to exceed policy face amount.
One of the deciding factors when calculating a recommended policy face amount with be your budget.
The full underwriting process will be required for all individuals between ages 16 — 85 years of age who are applying for policy face amounts of $ 400,000 or more.
Please avoid expressing beneficiary shares as dollar amounts since the actual death benefit paid may be more or less than the original policy face amount.
The maximum term life policy face amount is $ 100,000.
Even if they died in an accident during this time, they would be paid the full final expense policy face amount of $ 15,000.
Policy face amounts higher than $ 500,000 often require it.
An accident death benefit rider pays out an additional death benefit to the beneficiary which is above and beyond that of the normal policy face amount.
Cost varies by age and benefit amount with options ranging from $ 1,000 to $ 250,000 — not to exceed policy face amount.
Please avoid expressing beneficiary shares as dollar amounts since the actual death benefit paid may be more or less than the original policy face amount.
Owning a USAA term life insurance policy guarantees you the option to replace some or all of the SGLI lost as a result of military separation or retirement, even if you are disabled.Increases in coverage more than two times the base policy face amount up to the current maximum Servicemembers» Group Life Insurance (SGLI) amount depends on your health and is subject to underwriting approval.
Modified / Graded Whole life insurance plans are plans that do not offer full policy face amount payout until 24 - 36 (varies by carrier) months after the policy is in place.
Modified / Graded Whole life insurance plans are plans that do not offer full policy face amount payout until 24 - 36 (varies by carrier) months after the policy is in place.
Rider cost varies by age and benefit amount with options ranging from $ 25,000 to $ 500,000 — not to exceed policy face amount.
Your beneficiaries would receive the death benefit (policy face amount), if you would die during the term.
You can access a maximum benefit amount which equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.
The maximum benefit amount available equals the lesser of 90 % of the total death benefit or the policy face amount less $ 25,000.
The policy includes a guaranteed death benefit between the lesser of $ 10,000 or 10 % of the policy face amount.
Your beneficiaries would receive the death benefit (policy face amount), if you would die during the term.
Cost varies by age and benefit amount with options ranging up to $ 250,000 — not to exceed policy face amount.
Making a list of your month to month expenses will help you to determine how much your policy face amount (death benefit) should be.
This is the portion of your policy face amount not used for an «Accelerated Death Benefit» will remain for your beneficiary after you pass away.
Accidental Death Benefit: pays an additional death benefit equal to the policy face amount if death is due to an accident.
The benefit received is the lesser of 50 % of the policy face amount or $ 300,000.
What constitutes the most affordable life insurance company comes down to several criteria, such as the client's age, gender, and policy face amount, and term length.
Effect on policy: After payment of an accelerated death benefit, the policy face amount will be reduced proportionally to the amount you chose to accelerate.
Also, Accelerated Death Benefit Riders where you can collect up to 50 % of your policies face amount.
Ability to use a portion of your policy face amount while you're still alive, replacing lost income and providing for in - home care should you suffer a «Terminal», «Critical» or «Chronic Illness».
The eligible life insurance proceeds are equal to a percentage of the policy face amount or up to a total of $ 250,000 from all policies and riders on the insured issued by this company.
During the first 12 - 24 months of the policy, the policy face amount gradually increases, then levels off.
Your beneficiaries would receive the death benefit (policy face amount), if you would die during the term.
Rider cost varies by age and benefit amount with options ranging from $ 25,000 to $ 500,000 — not to exceed policy face amount.
If the insured person dies and the policy has a cash value, the cash value is often paid out tax free, in addition to the policy face amount.
Simplified issue whole life insurance, commonly referred to as burial insurance, is similar to simplified issue term insurance in that policy face amounts are normally $ 25,000 or less and in many cases are $ 10,000.
Call your insurance company directly and ask if you can reduce the policy face amount ($ 125,000).
However — If you earn any income from the life insurance above and beyond the policy face amount, like interest, that will be taxable.
The client's needs, not the agent's desire for commission, should be focused on when determining policy type, premium and policy face amount.
Cost varies by age and benefit amount with options ranging from $ 1,000 to $ 250,000 — not to exceed policy face amount.
(The below examples are from New York Life Insurance Co.) Remember, illustrations will vary greatly depending on the insurer, the policy face amount, the policy type and your rating classification (preferred plus, preferred, standard, etc.).
Cost varies by age and benefit amount with options ranging up to $ 250,000 — not to exceed policy face amount.
If you lose one limb, you would qualify for 50 % of your policy face amount.
If two or more limbs are lost, you would qualify for 100 % of your policy face amount.
The option to change the amount of your policy face amount with the approval of the underwriting department.
Accelerated Benefits Rider — This excellent rider pays out a portion of the policy face amount if the insured is diagnosed with a terminal illness that only gives them six months or less to life.
Policy face amounts will usually range from $ 5,000 to $ 30,000 depending on the anticipated funeral costs and other expenses that need to be accounted for.
These plan types are the most expensive because the carriers know there will someday be a death benefit payout for the policies face amount.
This policy design allows you to have the security of protection due to medical conditions arising while you are living and a policy face amount death benefit.
Payment is 1 % of the original base policy face amount, to a maximum of $ 100,000, regardless of whether or not the policy face amount has been increased.
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