The policyholder may elect 10 % or 25 % of
the total face amount as the critical illness benefit amount with a maximum benefit amount of $ 250,000.
Not exact matches
If you are late with a payment or do not pay the
total amount owed, then you can
face consequences
as set out in the payment terms.
As of year - end 2015, the company held
total assets more than $ 421 million, and a
face amount of life insurance in force of more than $ 28.5 billion.
It's possible to change many variables in adjustable rate plans including the «
face value» or «
total value» of the policy
as well
as the coverage period or the
amount paid each month.
This rating was provided, given the company's financials (all
as of 2014), which include
total assets of $ 411.0 billion, statutory capital and surplus of $ 134.7 billion, net life insurance premiums of $ 59.9 billion, and
face amount of life insurance in force of $ 28.4 billion.
T. Rowe Price and MFS Investment Management funds count among numerous sub-account options whose
total return, while not guaranteed, may outpace fixed interest rate options, eliminating the need for policyholders to increase premiums or lower
face amounts as insurance costs increase with time.