Sentences with phrase «provides access to the death benefit»

When Life Happens Riders can help cover you for life's unexpected changes, such as waiving your premiums if you become disabled, or providing access to your death benefit early if you become terminally ill.

Acceleration of Death Benefit Rider: provides access to your death benefit if you are diagnosed with a qualifying terminal illness.

Chronic and Terminal Care Rider: provides access to your death benefit if you are diagnosed with a qualifying chronic illness or terminal illness.

When Life Happens Riders can help cover your client for life's unexpected changes, such as waiving their premiums if they become disabled, or provide access to their death benefit early if they become terminally ill.

Not exact matches

Both IUL and VUL policies provide permanent coverage, pay a lump sum death benefit to your beneficiary and provide cash value growth and access to your cash value via withdrawals or loans.

Both IUL and VUL policies provide lifetime coverage, pay a death benefit and allow access to cash value.

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.

But because it is life insurance, it also provides an accelerated death benefit that allows you to access your death benefit if you are diagnosed terminally ill, with some whole life insurance policies also covering chronic illness and long - term care.

In addition to providing a guaranteed death benefit for life, typically with guaranteed level premiums for life, whole life policies develop significant guaranteed cash values over time which the policyholder can access.

This rider provides you access to a portion of your death benefit, if you reach a stage in life where you require A Long Term Care (LTC).

Advance access for illness — If you've been diagnosed with a terminal illness, level - term life insurance may be able to provide up to 50 % of your policy's death benefit ($ 250,000 maximum) in advance.

Asset Protector ®: Available on Secure Lifetime GUL 3 policies, Asset Protector provides a package of living benefit riders, including access to death benefits.

In addition to providing a guaranteed death benefit for life, typically with guaranteed level premiums for life, whole life policies develop significant guaranteed cash values over time which the policyholder can access.

To access this money, the policyholder must only have months to live and Washington National Insurance Company provides access to 75 % of the death benefit which can be a significant amounTo access this money, the policyholder must only have months to live and Washington National Insurance Company provides access to 75 % of the death benefit which can be a significant amounto live and Washington National Insurance Company provides access to 75 % of the death benefit which can be a significant amounto 75 % of the death benefit which can be a significant amount.

This includes a waiting period and often a decreased payout within the first two years of policy ownership, not having access to enough death benefit if you need a larger policy, and some no exam policies do not provide coverage for those over a certain age.

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.

This policy is issued to those aged 40 — 85, providing death benefits (from $ 2,500 to $ 50,000 depending on underwriting status), immediate full death benefit and level premiums, with accumulating cash value that can be accessed through policy loan or cash surrender.

If your budget will permit, a cash value life insurance policy can not only protect your family in the event of your death but also provide you with additional policy benefits, such as access to cash values for an emergency.

There are more choices within the whole life umbrella with some offering a faster rate of growth for maximum cash value growth and others providing access to living benefits as well as the death benefit.

This rider provides the policy owner access to the greater of $ 250,000 or 10 % of the eligible death benefit proceeds prior to the insured's death.

For example, combination life insurance / LTC products provide a death benefit along with the ability to access funds in the case of a long - term care need.

One of the benefits of a permanent life insurance policy (whole life or universal life) is that, in addition to providing a death benefit, it can also accumulate a cash value, which can be accessed in later policy years.

The AG Secure Lifetime GUL II provides a guaranteed death benefit, as well as guaranteed cash values — and guaranteed access to those cash values.

If they don't need access to the cash prior to death, the MEC is a great tool for an investor to use to provide a tax free death benefit for their loved ones after they're gone.

These can provide policy holders with a way to access a percentage of the policy's death benefits during life in order to pay for expenses such as a medical or long - term care need.

Both IUL and VUL policies provide permanent coverage, pay a lump sum death benefit to your beneficiary and provide cash value growth and access to your cash value via withdrawals or loans.

It's not «chronic illness» or long term care insurance, but provides early access to your death benefit if you're permanently confined to a convalescent home or terminally ill.

Chronic illness riders provide access to your policy's death benefit if you are diagnosed with a qualifying chronic illness.

Both IUL and VUL policies provide lifetime coverage, pay a death benefit and allow access to cash value.

But because it is life insurance, it also provides an accelerated death benefit that allows you to access your death benefit if you are diagnosed terminally ill, with some whole life insurance policies also covering chronic illness and long - term care.

Lastly, universal life insurance plans not only provide death benefits, but they also offer access to cash value that you may withdraw from for personal expenses.

Accelerated Death Benefits: Also known as «Living Needs Benefits», provides access to a portion of the death benefit proceeds before death when the person is diagnosed with a terminal illDeath Benefits: Also known as «Living Needs Benefits», provides access to a portion of the death benefit proceeds before death when the person is diagnosed with a terminal illdeath benefit proceeds before death when the person is diagnosed with a terminal illdeath when the person is diagnosed with a terminal illness.