Sentences with phrase «qualify for terminal illness»

In order to qualify for terminal illness, the physician must provide written certification that the insured has a life expectancy of 24 months or less.

Not exact matches

Accelerated Benefits rider (terminal illness only): pays out a portion of the death benefit for a qualifying terminal illness.
Accelerated Benefit: you can access a portion of your death benefit for a qualifying terminal illness or chronic illness.
Accelerated Death Benefit for Terminal Illness: can access a portion of the death benefit for a qualifying terminal illness, if diagnosed with a life expectancy of 12 months Terminal Illness: can access a portion of the death benefit for a qualifying terminal illness, if diagnosed with a life expectancy of 12 months oIllness: can access a portion of the death benefit for a qualifying terminal illness, if diagnosed with a life expectancy of 12 months terminal illness, if diagnosed with a life expectancy of 12 months oillness, if diagnosed with a life expectancy of 12 months or less.
Accelerated Death Benefit Plus Rider: can access a portion of the death benefit for a qualifying terminal illness, medical condition, or chronic illness.
If you have a qualifying chronic or terminal illness, you can access your death benefit for cash to use however you need.
If you are diagnosed with a qualifying terminal illness, you can access your death benefit for cash while you are still alive.
When the homeowner sold their home or refinanced their home, this decreasing term insurance attached to the mortgage was automatically canceled.If your health changed, you became ill, or had a terminal illness since your last home purchase, you wouldn't be able to qualify for this insurance on your next home purchase.
If you should experience any qualifying critical, chronic, or terminal illness — such as a heart attack, stroke, or cancer, to name a few — you would have the option to collect part of your death benefit to help pay for expenses associated with your illness.
That's because an IUL policy offers the potential to credit interest based in part on the upward movement of a stock market index.1 QoL Max Accumulator + also includes built - in accelerated benefit riders in the event of a qualifying chronic, critical or terminal illness, plus an optional rider for additional resources for qualifying chronic illness.
Most commonly, these plans will authorize fund withdraws whenever you are diagnosed with life threatening illnesses, terminal diseases, qualify for in home or residential skilled nursing treatment, or are in a lengthy recovery process from a surgery or injury.
• Most sellers only receive as little as between 13 — 21 % of the value of the policy • All policies apply including term insurance • Brokers and other purchasers take a commission as high as around 9 % to as high as 30 % • Most brokers will only consider people who are over the age 65 or will only consider those with a chronic or terminal illness, and have policies worth at least $ 100,000 • Selling you policy can have tax implications • Selling your policy may affect your ability to qualify for government sponsored programs • You lose control of your death benefits • The buyer has access to all your medical reports including current ones
Also, there are some term life insurance plan options through TIAA that will allow for early access to benefits if the insured has been diagnosed with a qualifying terminal illness.
Accelerated Death Benefit Plus Rider: can access a portion of the death benefit for a qualifying terminal illness, medical condition, or chronic illness.
If you have a qualifying chronic or terminal illness, you can access your death benefit for cash to use however you need.
Accelerated Benefit: you can access a portion of your death benefit for a qualifying terminal illness or chronic illness.
You qualify for accelerated benefits if you contract a terminal illness and are expected to die within two years.
Also, unlike most other life - insurance options, funeral insurance has no health requirements for eligibility; even those with terminal illnesses can qualify for this coverage so long as they can continue making payments on the premium.
• Someone who can't medically qualify for coverage • Someone who has been recently diagnosed with a terminal illness • Someone who is permanently disabled • Someone who is receiving treatment for cancer • Families wanting to cover burial expenses for a parent
If you are in fair or better health, you can usually qualify for any type of life insurance, but if you have a terminal illness, guaranteed issue insurance may be your only option.
We do not recommend extending your policy after the term has ended unless you can no longer qualify for a new policy due to your age or a terminal illness.
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