Sentences with phrase «specific policy riders»

This term usually refers to specific policy riders and features, not thematic values of life insurance.

Not exact matches

Omnibus bills are often filled with measures known as policy riders — specific carve outs of policy that often have little to do with funding the government but involve a specific, and usually partisan, issue.

In Congress, lawmakers regularly use policy riders to achieve specific goals during the appropriations process.

The amount you receive after a claim will depend on whether you have replacement value coverage or actual cash value coverage (depreciated value), and whether you have policy addendums, called «riders,» that list specific items of value.

Also known as riders, they help round out a life insurance policy and customize it for your specific need.

Different riders can personalize your policy for your specific need.

In addition, on certain policies with specific life insurance companies, the WOP rider will also waive premiums due on the supplemental life insurance riders, guaranteed insurability riders and renewable term riders.

This rider is critical, particularly if you are considering life insurance for children or young adults, because if the insured develops a disease or become uninsurable during the policy period, the insurance company allows the insured to increase his or her total life insurance coverage and death benefit at specific times.

You can customize your life insurance policy by adding riders or special endorsements to enhance the policy to fit your specific needs.

Specific cash value whole life policies typically feature paid - up additions riders, which allow you to add cash to the account if you like.

Commonly referred to as policy riders or special endorsements, these features can be attached to a basic policy contract to enhance the flexibility and fit of the policy to meet your specific needs.

The pro of whole life is that the higher price tag can be mitigated by getting this type of life insurance policy at a young age, adding specific riders that maximize the cash value up to, but not crossing the line, of becoming a modified endowment contract MEC, and allowing you to utilize that cash value in as little as 30 days.

Riders help you customize a policy for your region and include protection against threats that are specific to your province, but not covered under the base policy.

One nice engagement ring and wedding band can quickly eclipse your coverage limits, but you can add a floater insurance policy or a rider on your current homeowner's insurance that can add extra insurance coverage for specific items.

Renters insurance endorsements (also called riders or options) are like endorsements for any other insurance policy — they raise the claim limit for a specific category.

«Scheduling» is just another way of saying that you're adding a rider (or clause) to your homeowner's policy to cover specific valuables.

There are specific policies or riders designed to cover the cost of a funeral or pay for burial expenses.

This rider is specific to term life policies.

As your child grows into an adult, this rider allows you to buy additional life insurance above the face value of the current policy (on specific dates and in certain increments) regardless of his / her health status at the time.

Sage Term Life products also offer some additional riders, which can mostly help insureds to customize their policies to fit their specific needs more closely.

Accelerated death benefit rider: If you are diagnosed terminally ill then your life insurance policy will pay out up to $ 250,000 depending on the specific carrier.

The guaranteed insurability rider alters the parameters of your policy by giving you the right to purchase additional insurance at specific option dates, usually up to age 40.

Oftentimes, valuable items, like jewelry, furs or collectibles, may be subject to special limits and will need additional coverage through a rider or more specific insurance policy.

As you may have read in other Nationwide Life Insurance Company reviews, Nationwide Insurance does offer strong life insurance policies that provide good protection, reasonable premiums and a number of different riders to help meet your specific needs.

Whether you should consider adding a rider to a policy you're considering really depends on your specific needs, objectives and budget.

This includes riders that can increase the overall benefits of the policy should the policyholder pass away due to specific causes.

Note: Both of these policies offer a valuable rider called «critical illness benefit» — if you opt for this rider, the company will pay a lump sum if you are diagnosed with a specific critical illness.

You can typically add special «riders» which are addendums to your policy; these allow you to add coverage for specific items like art, furs, collectibles, paintings and other valuables.

However, these policy riders have very specific requirements and often must be purchased at the time the policy is written.

Commonly referred to as policy riders or special endorsements, these features can be attached to a basic policy contract to enhance the flexibility and fit of the policy to meet your specific needs.

Commonly referred to as policy riders and special endorsements, these features can be used to enhance the policy or to meet your specific needs.

Long - term disability insurance riders allow you to customize your disability policy so it fits your specific needs.

If you have an own occupation rider on your policy, you're able to define your occupation according to your specific profession.

For instance, an accelerated death benefit rider lets you access the death benefit money early in very specific circumstances, and a term conversion rider lets you turn your term life insurance policy into a whole life insurance policy.

If you own property that's subject to dollar limit and you want more coverage for it, you can usually buy a floater (also called a rider or endorsement) for your policy that will increase the dollar limit for that specific item.

Each health plan comes with specific set of riders that can be purchased at the time of policy issuance.

You can customize your life insurance policy by adding riders or specific endorsements to enhance the policy to fit your specific needs.

You can't plan for everything perfectly, but having specific riders attached to your life insurance policy can greatly boost the utility it has both during and after death.

Once you've narrowed your policy needs to a few choices online, you can start to ask more specific questions about riders for landscaping or expensive plants, helping to select the exact policy that you need.

Term conversion option: With this rider, you have the right to convert your term policy to a permanent life insurance policy within a specific time period.

There are specific policies or riders designed to cover the cost of a funeral or pay for burial expenses.

Oftentimes you can add a rider to your insurance policy that will cover a specific item, such as a broken window or a broken windshield.

There are also several different policy riders and endorsements that are available that can be added on to this term life insurance policy that can help in customizing the coverage to better fit an individual's specific needs.

You'll want to collaborate with an independent agent to learn about specific policy features and riders.

The rider allows for a less expensive term life insurance policy to convert to a permanent one, given specific requirements are met.

You can tailor your term length, add a variety of riders and otherwise create a policy for your specific needs.

Critical Illness Rider This rider will pay out 30 % of the policy's coverage in the event that they insured has a heart attack, life - threatening cancer, stroke or other specific diagnoses.

There are a broad range of face amounts available, and there is also the option to add several different optional policy riders to customize better the plan to fit specific needs.

As a rider you can attach to a life insurance policy, the Guaranteed Insurability option allows you to increase the coverage amount on specific dates or to choose an entirely new policy based on your original life insurance health rate class.You will be limited on how much you can get, but typically the maximum amount will be twice your original death benefit, up to $ 125,000.

Many child term riders require that the term child rider must occur when the owner of the policy reaches a specific milestone birthday.