Sentences with phrase «terminal illness policy»

If you're wondering if you could still buy a life insurance terminal illness policy to protect your family financially, then the surprising answer is yes you can; however, your options may be very limited.

Not exact matches

XL - CV Max (policy form series L147) and Accelerated Death Benefit Endorsement for Critical, Chronic and Terminal Illness (form series TR207) are issued by Midland National Life Insurance Company, Administrative Office, One Sammons Plaza, Sioux Falls, SD 57193.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in 12 - 24 months or less to live.

This rider — also known as a Terminal Illness Death Benefit Rider — is included in your policy at no charge.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in 12 months or less to live.

The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.

This rider — also known as a Terminal Illness Rider — is included in your policy at no charge.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

People try to figure out what to do about a problem pregnancy, terminal illness, public education, welfare policies, availability of guns, youth alienation, multi-racial tensions.

The policy ensures that apart from death or terminal illness, critical illness will also result in repayment mortgage being fully repaid.

The lone exception is when the policy has an accelerated death benefits feature, and the owner has a terminal illness.

Their policy includes a «Living Needs Benefit» which advances part of the death benefit for policyholders who have been confined to a nursing home or have been diagnosed with a terminal illness with a maximum life expectancy of 6 months.

This rider allows you to receive a portion of your policy's death benefit while you're still alive if you've been diagnosed with a terminal illness (meaning less than 12 months to live).

This rider would allow you to receive up to $ 400,000 or 25 % of your policy's death benefit (whichever is less) if you contracted a terminal or chronic illness.

Terminal Illness / Nursing Home Care Rider After the first policy year, the withdrawal charge on withdrawals up to 50 % of the Cash Surrender Value ($ 1,000 minimum) is waived upon the occurrence of one of the following events for the Owner: (a) Terminal illness (life expectancy of 12 months orIllness / Nursing Home Care Rider After the first policy year, the withdrawal charge on withdrawals up to 50 % of the Cash Surrender Value ($ 1,000 minimum) is waived upon the occurrence of one of the following events for the Owner: (a) Terminal illness (life expectancy of 12 months orillness (life expectancy of 12 months or less).

They are more expensive than policies that do require a medical exam, but are ideal for those who have a life threatening or terminal illness and can't find insurance coverage from a standard insurance carrier.

The policy may also include additional riders, such as terminal illness, chronic illness and critical illness accelerated benefit riders.

The accelerated death benefit rider comes in handy if you are diagnosed with a terminal illness and, depending on the policy, have less than one to two years to live.

A terminal illness rider, also known as an accelerated death benefit rider, offers you the option of receiving a percentage of your policy's payout immediately in the case you're diagnosed with a terminal illness.

The policy includes an accelerated death benefit rider which will pay you a lump sum if you are diagnosed with a qualifying terminal illness.

The percentage of the death benefit you can receive is generally less than 50 %, what qualifies as a terminal illness varies depending on your policy, and the payout you receive may be deducted with interest from the face value of your policy.

It gives you access to a portion (or full amount) of your policy's death benefit, if you are diagnosed with a terminal illness resulting in six months or less to live.

Usually having to do with terminal illness or catastrophic circumstances, this feature allows access to a portion of a life insurance policy's death benefit, or payout.

On the protection side, it generally includes a tax - free death benefit to your loved ones and has an optional feature that gives you the ability to access your policy values to help pay for costs should the insured suffer from a chronic or terminal illness, just in case.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in 12 - 24 months or less to live.

Life insurance riders supplement your term life policy with more coverage by offering additional protection from the potential loss of income due to terminal illness, disability, or other adverse life events.

This «living benefit» allows the insured to receive 75 percent of the policy's face amount in advance — up to a maximum dollar amount of $ 750,000 — in the event of a terminal illness diagnosis that will likely result in death within 24 months.

Terminal illness can't be claimed after your death or if the length of your policy is less than two years.

Terminal illness cover is designed to cover you if you die or are diagnosed as being terminally ill during the policy term, and in the opinion of your hospital consultant and our medical officer, the illness is expected to lead to death within 12 months.

Terminal illness cover is automatically included in your policy at no extra charge.

If you die during the term of your life insurance policy, or you are diagnosed and are eligible to claim for a terminal illness, a lump sum will be paid.

Sophisticated index - linked crediting strategies for greater upside potential Increased estate value Control and access to your money for emergencies and opportunities through policy loans Living benefits to help pay for the expenses of a terminal condition or a chronic illness and care — Chronic Illness is not available in all states Transferring money more efficiently to youillness and care — Chronic Illness is not available in all states Transferring money more efficiently to youIllness is not available in all states Transferring money more efficiently to your heirs

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).

With many policies, you can also accelerate your death benefits if you are diagnosed with a terminal illness.

However, if you think you might need an early payoff (available in some policies, you get a reduced payout upon confirmation of a terminal illness) then you might want more coverage here.

Accelerated Death Benefit for Terminal Illness or Nursing Home Confinement Rider is the face amount of your policy minus a 6 % charge.

Mutual of Omaha makes up for it by including high benefits for the accelerated death benefit, which allows you to take money out of your policy to pay for charges related to a terminal illness.

The policy can also include a terminal illness rider, which allows the insured to receive a portion of the policy's death benefits if he or she becomes terminally ill.

Years ago the life insurance companies started adding terminal illness riders to their policies at no extra charge.

If you become diagnosed with a terminal illness, you can access up to 60 % of the policy's death benefit or $ 1 million (whichever is less), when death is expected within six months.

On the protection side, it generally includes a tax - free death benefit to your clients» loved ones and has an optional feature that gives them the ability to access their policy values to help pay for costs should the insured suffer from a chronic or terminal illness, just in case.

It gives you access to a portion of your policy's death benefit if you are diagnosed with a terminal illness resulting in 24 months or less to live.

If you've been diagnosed with a terminal illness with less than 6 months to live, you can access a portion of the policy death benefit.

It gives you access to a portion of your policy's death benefit, if you are diagnosed with a terminal illness resulting in six months or less to live.

An optional add - on life insurance benefit that allows the insured to receive partial payment of the policy's face amount before dying in the case of terminal illness or injury.

This benefit allows the owner to receive payment of a portion of the death benefits under the policy upon terminal illness of the insured.

Mortgage protection policies typically include benefits unavailable on straight life insurance products, options such as the return of premium, critical illness availability, terminal illness, confined care riders, and a simplified non-medical application process.

Typically, terminal life coverage is added as a rider to standard life insurance policies and the cost is generally minimal if the policy holder has yet to be diagnosed with a terminal illness.

Additional policy riders include critical and terminal illness and disability.

Trendsetter Term Policy with «Living Benefits» offers high levels of term life insurance protection, and adds a «living benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal ilPolicy with «Living Benefits» offers high levels of term life insurance protection, and adds a «living benefit» that allows you to potentially access a portion of your policy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal ilpolicy benefit while you're still alive if you're diagnosed with a qualifying chronic or critical illness; or a terminal illness.