Sentences with phrase «small death benefit of»

While no kid needs a million dollar life insurance policy, a small death benefit of a few thousand dollars can make a huge difference.

Not exact matches

Does the risk of false positive results outweigh the benefit of preventing a small number of deaths from breast cancer?

Unless you want a small death benefit to cover final expenses, the cost of whole life insurance makes it a poor choice for simple coverage.

The authors and editorialist express grave concerns that there will be many needless premature deaths as well as preventable heart attacks and strokes if patients who would clearly benefit from statins are not prescribed the drug, refuse to take the drug, or stop using the drug because of ill - advised adverse publicity about benefits and risks, which may include misplaced concerns about the possible but unproven small risk of diabetes.

This trial also looked at the effects of corticosteroids on HIV - positive people, but the small number of included participants meant that the review authors were unsure if the benefits in terms of a reduction of death was preserved in this group of participants.

Specifically, results from ERSPC document a relative risk reduction of prostate cancer - specific death of 21 % at a median follow - up of 11 years17 While the absolute reduction in prostate cancer - specific mortality was relatively small (0.10 deaths per 1,000 person - years or 1.07 deaths per 1,000 men randomized), this may represent an underestimate of benefit given the length of follow - up of the study and the degree of non-compliance in the intervention arm.

Typically the death benefit is smaller, as it is intended to cover the costs of a loved one passing away.

Surely the insurance companies would go out of business if they had to pay out all these death benefits after receiving such a small sum in premiums.

Unless you want a small death benefit to cover final expenses, the cost of whole life insurance makes it a poor choice for simple coverage.

This is because the companies listed below have higher premiums, longer waiting periods and a smaller range of available death benefits.

The Colonial Penn Life Insurance Company specializes in life insurance products that have small death benefits and limited underwriting, a class of products often referred to as final expense insurance.

However, the small amount of money you saved is not worth the under performing permanent coverage you are stuck with, unless your only need for the insurance coverage is the death benefit.

Even if it is a smaller burial policy instead of the full blown large death benefit.

The Easy Pay Solutions policy has a small maximum death benefit, but will be less expensive because Transamerica is able to reduce its risk when you accept a limited payout for the first 2 years of coverage.

With this policy, you can only accelerate death benefits if you get a terminal illness and the amount is limited to $ 250,000 or 75 % of your death benefit (whichever is smaller).

This strategy can be attractive because the donor can often make a larger gift — of the death benefit — than of smaller gifts of cash.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

«I often come across people who may prefer the long - term security of a permanent life policy, but they need a bigger death benefit than they can afford,» he said, noting that term life coverage, which offers a bigger benefit for smaller premiums, is generally the better bet in that case.

Particularly when we are focused on a death benefit, rather than cash value accumulation, a relatively small sum of money can purchase a large death benefit.

Funeral homes notify SSA routinely, and she would have likely qualified for the small one - time death benefit of $ 255, and probably informed that she was eligible at age 60 as a widow.

Although the largest policy in the portfolio (by face value) matured during the period, a large proportion of the total death benefit remains linked to a relatively small proportion of lives.

«The benefit of 20 small galleries that have stayed authentic is death by a thousand cuts to the big megagalleries.

Both the healthy and infirm have a decreasing amount of time remaining, and the less healthy an older relative is, the smaller the death benefit you'll receive for a policy of a similar premium size.

While pays the full death benefit from the beginning of the policy, the latter will pay a smaller benefit if you happen to die within the first two years (other than accidental death).

The death benefit increases because small amounts of additional insurance are being purchased each year.

However, they would either pay nothing, or only a small portion of your death benefit during the first two years.

Typically the death benefit is smaller, as it is intended to cover the costs of a loved one passing away.

Guaranteed issue whole life insurance with a 2 year graded death benefit limitation — If you die in the first two years the policy will return your premium plus a small percentage on top of the premium you paid.

Regardless of the type of policy, one with a bigger death benefit is more expensive than one with a smaller benefit.

This essentially allows you to have the best of both worlds, while growing a small, permanent death benefit, and simultaneously ensuring you're protecting your full need with a cheaper, temporary death benefit.

Because of the typically higher premium cost and the smaller amount of coverage, you could end up paying more for your premiums over time than your beneficiary will see in the resulting death benefits.

While these aren't for the vast majority of younger crowds, they are a simpler, cost effective way for seniors to buy a life insurance policy with a smaller death benefit to pay for basic funeral and funeral related costs.

Because the death benefit is typically small on these types of policies, premiums can often be very affordable and may be a great option if you are unable to afford a larger premium but would like to preplan for your final expenses.

Although the face value (death benefit) is typically smaller than that of a traditional life insurance policy, so are the premiums.

For a small fee, you'll be able to expand your own life insurance policy so that it provides a small death benefit in the event that one of your children passes away.

This is because the companies listed below have higher premiums, longer waiting periods and a smaller range of available death benefits.

Oftentimes the accelerated death benefit is automatically included on certain types of life insurance policies for free or for just a small amount of additional premium payment.

Life insurance is a private contract that allows you to purchase a large death benefit for a small amount of money on a monthly basis (compared to the death benefit).

Final expense insurance definition: a small whole life insurance policy ranging from $ 5,000 to $ 25,000 where the primary purpose of the lump sum death benefit payout is to cover burial expenses, such as a grave marker and cemetery plot, and other final expenses, such as any outstanding debts that are not forgivable upon death.

Even if it is a smaller burial policy instead of the full blown large death benefit.

The Social Security death benefit is relatively easy for surviving family members to claim and quick to be aid, but it is currently a small lump sum payment of $ 255 (assuming the deceased person had enough Social Security work credits).

In simple terms, this is a type of small life insurance with a death benefit.

If a non-accidental death occurs prior to that two - year time frame, the policy will only pay a return of the paid premiums plus a small percentage of the total death benefit.

The annual premium cost is often a small fraction of the death benefit, which is generally received free of income tax.

In order to be eligible to exercise this rider, the insured must be at least 75 years old, the policy must have been in - force for at least 15 years, the Death Benefit Option must be Option A Level, the policy must be in corridor, and the outstanding loan balance must be the smaller of 93 % of the policy value after monthly deductions or (100 % minus the OLPR charge percentage) of the policy value after monthly deductions.

Some policies guarantee a small percentage of the full death benefit, such as 10 %, even if you use all the money allocated for long - term care.

The death benefits offered are relatively small, and the costs per $ 1,000 of coverage are higher than for policies that require a medical exam.

The Easy Pay Solutions policy has a small maximum death benefit, but will be less expensive because Transamerica is able to reduce its risk when you accept a limited payout for the first 2 years of coverage.

Term policy payments do contain smaller agent commissions, but they ultimately make no difference to you as your estate will reap the benefits of your policy regardless of when your death occurs.

As you just read, a guaranteed issue life insurance policy comes in small amounts that range from $ 5,000 - $ 25,000 the death benefit or face value ranges depending on the life insurance company of your choosing.