If you can work under the any occupation disability definition or own - occupation disability definition, but for less money than prior to your disability, the insurer will
typically pay you a decreased proportional amount to help make you «whole» compared to where you were financially before the disability.
Another thing to consider is if you can work under the any occupation disability definition or own - occupation disability definition, but it is for less money than you were making prior to your disability, the insurer will
typically pay you a decreased proportional amount to help make you «whole» compared to where you were financially before the disability.
Not exact matches
Typically the surrender charge
decreases with each year of your annuity, so by year 10 you can access the full - amount without
paying a penalty.
Some may allow you a reduce the death benefit and associated cost later in life, as the need for life insurance
typically decreases once children are independent and mortgage is
paid off or reduced.
The policy's benefit, or face value, will
typically be tied to your outstanding balance, so it
decreases over time as you
pay off the loan.
The amount you
pay them varies — and
typically decreases as you sell more and more.