Sentences with phrase «upon diagnosis of a terminal illness»
a Terminal Illness Benefit, which can pay up to 75 % of the death benefit to a maximum of $ 250,000 to the policy owner upon diagnosis of a terminal illness, and
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a Terminal Illness Benefit, which pays up to 75 % of the death benefit to a maximum of $ 250,000 to the policy owner upon diagnosis of a terminal illness.
Upon the diagnosis of terminal illness / death of the policy holder during the policy term, a lump sum benefit is paid out to the nominee.
Life Option: Under this cover option, nominees assigned by the policy holder are paid the lump sum benefit upon the diagnosis of terminal illness or the death of the policy holder.
Not exact matches
The Living Needs Benefit (included at no extra cost) pays out a portion of benefit upon terminal illness diagnosis.
on life insurance policies release a sizable chunk of the policy's death benefit to the policyholder while he / she is still alive, allowing the usage of the death benefit funds on valid diagnosis of one of the critical or terminal illnesses stated in the policy.These riders» critical / terminal illness payout is tax - exempt, and beneficiaries also receive the left over face value, untaxed, upon the policyholder's passing.
Death Benefit + Terminal Illness + Waiver of Premium for Accidental Total Permanent Disability + Protection for whole life + Waiver of Premium upon diagnosis of the specified critical illness + Protection for whoIllness + Waiver of Premium for Accidental Total Permanent Disability + Protection for whole life + Waiver of Premium upon diagnosis of the specified critical illness + Protection for whoillness + Protection for whole life
Death Benefit + Terminal Illness + Waiver of Premium for Accidental Total Permanent Disability + Waiver of Premium upon diagnosis of the specified critical Illness + Waiver of Premium for Accidental Total Permanent Disability + Waiver of Premium upon diagnosis of the specified critical illnessillness
Upon his death, or diagnosis of terminal illness, his nominee gets a lump sum benefit.