Sentences with phrase «receiving access to the death benefit»
Similarly, this is why the employee is only paying the amount of applicable term insurance if they are only receiving access to the death benefit while the employer has access to cash values.
https://www.insuranceandestates.com/ Not exact matches
Under the bill (S1411B - A711B), volunteer firefighters who contract certain cancers will receive access to tax free disability and death benefits.
If you are diagnosed terminally ill, you can access your death benefit to receive needed cash to pay for various necessities, such as home modifications, medical bills or whatever else you need or want the money for.
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.
Under certain circumstances, you can receive life insurance death benefits early through an accelerated death benefit rider to get access to money early so your family doesn't have to struggle through your final years.
The benefit to this is that because you are in charge of the policy on your spouse, you know you are financially protected should the unexpected occur and you have easy access to all the information required to receive the death benefit.
With the Flexible Care Benefit Rider from State Farm Life Insurance Company (Not licensed in MA, NY or WI), when you become chronically ill and are eligible to receive benefits, you can access a portion of the policy's death benefit everyBenefit Rider from State Farm Life Insurance Company (Not licensed in MA, NY or WI), when you become chronically ill and are eligible to receive benefits, you can access a portion of the policy's death benefit everybenefit every month.
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.
• 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
If you are diagnosed terminally ill, you can access your death benefit to receive needed cash to pay for various necessities, such as home modifications, medical bills or whatever else you need or want the money for.