Sentences with phrase «time along with your death benefit»

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Whole life products have an added investment component along with their pure insurance or death benefit function; these policies build cash value over time.
Even though alcoholism ranks as one of the country's three major health problems, along with cancer and heart disease; even though it accounts for approximately 98,000 deaths every year; even though it is the root cause of most pastoral - care crises (suicides, auto fatalities, child abuse, divorces, hospital admissions, accidental deaths and home violence); even though it costs the nation $ 120 billion annually in terms of lost work time, health and welfare benefits, property damage, medical expenses, insurance and lost wages; and even though its effects impair the educational process of every child in every classroom, still the church acts as though alcoholism does not exist.
Whole life insurance that is offered through New York Life allows policyholders to have benefit at death along with cash value build up that is allowed to grow on a tax deferred basis over time.
At present, the U.S. Environmental Protection Agency estimates [PDF] that finally completing and implementing a Utility MACT mercury rule will prevent up to 11,000 premature deaths per year, along with other enormous health benefits, by the time the rule is fully implemented.
These give you a one - time lump - sum amount along with the term insurance benefit, in the event of an accidental death or an accident leading to permanent disability.
In case of death of the insured during the tenure of the plan, a benefit higher of 10 times the annual premium or base Sum Assured or minimum guaranteed Maturity Sum Assured or 105 % of all premiums paid till the date of death is payable along with the vested reversionary bonuses.
In other words, the death benefit on the policy is designed to go down over time along with your mortgage balance.
These policies offer cash value accumulation along with the flexibility to modify the time and amount of premiums paid and death benefits paid out.
Variable Universal Life Insurance — Another type of permanent coverage, variable universal life insurance, provides a death benefit, along with flexible premium payments, and the ability to build cash value over time.
These policies offer a set death benefit, along with the ability to grow cash value over time at a set rate.
This policy provides death benefit protection of between $ 5,000 to $ 50,000, along with a cash value that will grow tax - deferred over time.
For those who are seeking both death benefit protection, along with a potentially higher amount of cash value build up over time (in a tax - advantaged manner), the Phoenix Accumulator UL policy may be a good fit.
While once upon a time there were few reasons to purchase a deferred annuity besides the preferential tax - deferral treatment, since the early 2000s annuities has been increasingly popular for their guaranteed living benefit riders, along with enhanced death benefit, unique investment features (in the case of certain equity - indexed annuities), or outright superior fixed income yields (with some fixed annuities).
In that case, the aggregate of the monthly incomes payable discounted @ 5 % per annum would be payable along with the death benefit which is 12 times the monthly incomes in the year of death.
Death Benefit: In case of sudden demise of the policyholder during the tenure of the policy, the Sum Assured at the time of Death along with the acquired Bonuses are paid to the person nominated by the policyholder.
Death Benefit is the Sum assured equal to 10 times the single premium along with the Loyalty Addition, if any, is payable.
Death benefit: In case of the death of the policyholder, the family of the of policyholder receives a lump sum amount as long as the policy term continues, which is 250 times the premium paid on monthly basis along with the loyalty additDeath benefit: In case of the death of the policyholder, the family of the of policyholder receives a lump sum amount as long as the policy term continues, which is 250 times the premium paid on monthly basis along with the loyalty additdeath of the policyholder, the family of the of policyholder receives a lump sum amount as long as the policy term continues, which is 250 times the premium paid on monthly basis along with the loyalty additions.
The premium payable amount of the Jeevan Sangam Plan depends upon the age of the policyholder, the maturity sum assured amount selected and needs which change from time to time The plan is also providing a death benefit that would be ten times of the tabular single premium along with some loyalty addition.
Some insurance companies even offer decreasing term life insurance, which means the death benefit decreases over time along with your mortgage loan balance.
Regardless of circumstances, permanent life payments won't go to waste — the death benefit gets paid out at the time of death of the insured, along with the accumulated cash value plus interest.
However, on unfortunate Death of the Life Insured within the Policy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit and the policy would be terminated.
Whole life products have an added investment component along with their pure insurance or death benefit function; these policies build cash value over time.
On unfortunate Death of the Life Insured within the Policy Tenure, the higher of the basic Sum Assured, 10 times the Annualized Premium and 105 % total Premiums paid would be paid to the nominee along with the accrued Reversionary Bonus as Death Benefit
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