Sentences with phrase «with terminal illness»

In case the insured member is diagnosed with a terminal illness (TI), a TI benefit equal to 6 Equated Monthly Installments of the loan will be paid as a lump sum.

In case any insured member is diagnosed with a terminal illness (TI), a TI benefit, equal to 6 Equated Monthly Installments of the loan will be paid in proportion to his / her loan share percentage.

There are a number of mortgage life insurance policies which still pay out regardless the policy holder is diagnosed with a terminal illness.

If you or a loved one are dealing with a terminal illness, the last thing you need to worry about is how to pay for a funeral.

For example, one insurer offers early sum assured payment in case the insured is diagnosed with a terminal illness.

For example, a few insurers accelerate the payout in case the insured is diagnosed with a terminal illness.

Under this, in case the policyholder is diagnosed with a terminal illness, an amount equal to 25 % of the sum assured will be paid (subject to a maximum of 100 lakhs).

Some plans also provide additional inbuilt benefits, like advancing 25 % of the guaranteed death benefit in case the Life assured is diagnosed with a Terminal Illness.

A number of SPL plans also include a feature that will let you withdraw part of the death benefit if you are diagnosed with a terminal illness and have a life expectancy of 12 months or less.

It enables the insured to collect a portion of their policy's death benefit if they are diagnosed with a terminal illness or a severe health condition.

Terminal Illness — With this rider on your policy, you will receive up to 30 % of the death benefit if you were to be diagnosed with a terminal illness.

If your doctor diagnoses you with a terminal illness and you are expected to pass away within a specific period of time, usually within six months to a year.

These policies are usually the only type of policies that offer full - coverage to people with a terminal illness, compounding health issues, or anyone who is over the age of 80.

If you have been diagnosed with a terminal illness, or are in poor health, guaranteed issue life insurance may be the only full - coverage option available to you.

Living Benefits Rider: If you were to ever be diagnosed with a terminal illness and be given 12 months or less to live (depending on state policies), this rider would allow you to access a portion of your policy's eligible death benefit.

If you are diagnosed with a terminal illness, all insurance companies have an accelerated death benefit usually included in most policies.

If you were to ever be diagnosed with a terminal illness and be given 12 months or less to live (depending on state policies), this rider would allow you to access a portion of your policy's eligible death benefit.

• Someone who can't medically qualify for coverage • Someone who has been recently diagnosed with a terminal illness • Someone who is permanently disabled • Someone who is receiving treatment for cancer • Families wanting to cover burial expenses for a parent

Similarly, the iSpouse policy has an inbuilt rider that waives off future premiums if one of the spouses is diagnosed with a terminal illness.

This life insurance policy rider pays a death benefit in the event the insured is diagnosed with a terminal illness and has a life expectancy of 12 months or less.

In case the Life Assured is diagnosed with a Terminal Illness, 25 % of the Policy Sum Assured (subject to maximum of Rs. 100 lakhs) will be paid immediately and the Death Benefit will be reduced by an amount equal to the terminal illness benefit paid.

On rare occasion, a person diagnosed with a terminal illness is miraculously cured, perhaps because a medical advancement emerges at just the right time.

The policyholder has been diagnosed with a terminal illness and is expected to not live longer than one to two years.

Being diagnosed with a terminal illness is certainly a time of need, but life insurance may or may not be a help.

What that means for you is this: if you are diagnosed with a terminal illness and given 12 months or less to live, you can take up to 50 % of your life insurance death benefit.

If the insured is being diagnosed with the terminal illness during the policy term.

For example, a person with a terminal illness like cancer is unlikely to be insured by the company with a new policy in the near future.

Should you be diagnosed with a terminal illness, this will allow you access to your death benefits while you are still alive so you can pay your medical expenses.

In a case where the life insured is diagnosed with a terminal illness, such as Cancer, Leukemia.

Viatical settlements (or life insurance policies with a «living benefit rider») specifically involve a policyholder with a terminal illness who wishes to sell his life insurance policy for immediate cash and needs the money for medications or treatment; the seller typically has a life expectancy of five years or less.

Some term policies are offering accelerated benefits that allow policyholders to spend down the death benefit if they are diagnosed with a terminal illness.

A terminal illness benefit is inbuilt in the plan which pays an additional benefit in case the life insured is diagnosed with any terminal illness.

During policy tenure in case you are diagnosed with any terminal illness, company will pay you a lump - sum amount equal to 25 % of sum assured.

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.

Under this policy, during the policy term in case you have been diagnosed with terminal illness then you can get policy benefits even before death also.

An accelerated death benefit rider comes into play when you are diagnosed with any terminal illness, which in effect can shorten your lifespan.

According to this clause the policy holder gets 25 % of the base policy sum assured if diagnosed with a terminal illness.

There is also the provision of Terminal Illness Benefit where 50 % of the SA is paid upfront if the insured is diagnosed with a terminal illness

In case the policyholder is diagnosed with terminal illness, 25 % of the SA is paid immediately on diagnosis and the remaining as per the options selected

If you are diagnosed with a terminal illness with less than 12 months to live, you can access up to 50 % of the policy's death benefit (up to a max of $ 1 million)

With an accelerated death benefit rider, you can access some or all of your death benefit if you are diagnosed with a terminal illness over the course of your term.

Accelerated Death Benefit Rider: On diagnosis with a terminal illness, such as Cancer, Leukemia.

If an insured person on the policy is diagnosed with a terminal illness, the insurer will pay a portion of the death benefit to the policyholder to help meet the costs of life ending illnesses.

Inbuilt payout accelerator provides you with 50 % sum assured in case you are diagnosed with terminal illness.

Payout in case of Terminal Illness - If the insured is diagnosed with any Terminal Illness, the payout of sum assured can be as follows:

The rider provides for the insurer to advance the insured a large portion of the death benefit if they are diagnosed with a terminal illness and expected to die within a year.

These companies that buy these settlements or policies are enjoying a real bonanza... but the person with the terminal illness and their families are really losing in the end.

If during the policy term, if you are diagnosed with terminal illness, then the Inbuilt Payout Accelerator Benefit advances 50 % of Basic Sum Assured.

The accelerated death benefit provides for the insurer to pay out a percentage of the death benefit if the policyholder is diagnosed with a terminal illness.

This valuable rider provides that the insurer will pay a portion of the death benefit in advance if the insured is diagnosed with a terminal illness.