Sentences with phrase «without paying additional premium»

There are several in - built benefits you can take without paying any additional premium.

It also provides cover for specified critical illnesses, without paying any additional premium.

If the insured person reaches maturity, then he / she has the option to continue the same till death without paying any additional premium and encashing the sum assured or bonuses.

New born baby gets automatically covered without paying additional premium Vaccination expenses are also covered.

Many plans allow you to maintain the insurance without paying additional premiums if you live past 100.

By age 65, in this example, the benefit is projected to be $ 990,000 and the cash value $ 475,000, which can be borrowed, withdrawn or tapped to keep the policy in force without paying additional premiums.

Single Premium Policy: A whole life policy for people who want to buy a policy for a one - time lump sum, and then be covered for the rest of their lives without paying any additional premiums.

Not exact matches

«We're a premium product and all of the additional features are paid for, but one thing we've tried to do from day one is have a really capable, really high - quality free app so essentially people can use our app to match, chat, message someone, and get married without paying a penny,» Shahzad said.

That comes only AFTER you have paid for your «publishing package», a package that will cost you at least $ 1,999 — and that's without the additional editorial, premium cover and layout design, etc., they will try to sell you.

The 7 - pay premium is helpful to determine the additional cash you can contribute to your cash value without triggering the MEC.

Many homebuyers are shocked to learn that they can void their home insurance policy if they undertake home modifications or renovations without first notifying the insurance company and, typically, paying an additional premium.

You would then have full life insurance coverage without having to pay any additional premiums, as long as the cash - value account balance remains sufficient to pay for the pure cost of insurance and any other expenses and charges.

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

You can avoid «MEC» ing» your policy by contacting Mass Mutual and confirming how much additional premiums you can pay into your policy without going over the allowed limited under IRC 7702A.

«The reasons include fear of the black box, or perhaps a reluctance to pay additional fees for this premium service without knowing what the results will be.

By consolidating a large amount of premium during a short period of time, the coverage can be paid - up for life, without the need to worry about making any additional premium payments in the future.

Additional benefit of lifelong renewal provided premium is paid without any break.

Without the return of premium rider, the same Prudential policy would cost $ 300 per year — which means you are paying an additional $ 584 per year for this rider.

These diagnosis statements are produced by a physician with an expertise in that illness and the insurer is bound to pay out a lump sum amount to the insured without any additional charges on premiums.

By paying future premiums, you can keep the policy in force without additional out - of - pocket expenses.

While basic term life insurance can be easy to secure and relatively affordable, you should consider a life insurance policy that will allow you to extend coverage without any additional medical underwriting in the future, even though you will likely end up paying a higher premium.

Did you know that you can cover any damage of your windscreen glass by paying some additional premium without your no claim bonus getting affected?

Comment: Several organizations commented on the proposal to codify the provision related to premium payment threshold policies which allows additional issuer flexibility regarding when amounts collected will be considered to satisfy the obligation to pay amounts due, so long as issuers implement such a policy uniformly and without regard to health status and that the premium payment threshold adopted is reasonable.

You would then have full life insurance coverage without having to pay any additional premiums, as long as the cash - value account balance remains sufficient to pay for the pure cost of insurance and any other expenses and charges.

For a small additional premium, you can choose to carry full value coverage on your personal property, which ensures that you will be paid the full replacement cost of items that are damaged or stolen without deduction for depreciation.

Accordingly, at new § 155.400 (g), we proposed to codify a provision related to premium payment threshold policies that would allow additional issuer flexibility regarding when amounts collected will be considered to satisfy the obligation to pay amounts due, so long as issuers implement such a policy uniformly and without regard to health status, and the premium payment threshold adopted is reasonable.

Even without medical underwriting, paid - up additional insurance may have a higher premium than the base policy because the price depends on a policyholder's age at the time he or she purchases the extra insurance.

The 7 - pay premium is helpful to determine the additional cash you can contribute to your cash value without triggering the MEC.

And the premiums are paid in after - tax dollars, so you can always withdraw from your cash value up to your basis (the amount of money you've put in) without paying any additional tax.

MetLife Tip — Simplified Issue Term is what is known as «term to 90» insurance: it automatically renews each year, up to age 90, and it renews without additional underwriting as long as premiums are paid.

\ nA renewable policy allows the policyowner to renew the coverage simply by paying additional premiums before the termination date without having to provide evidence of insurability (i.e. proving good health) Note: most insurance providers limit the number of times you can renew such a policy or set an age limit for renewals so make sure to pay attention to this when shopping for term life insurance if you plan on renewing your policy for some time.

Some carriers include the following riders in a life insurance policy, without any additional cost: - Accelerated benefit rider (partial benefit paid in case of terminal illness)- Accidental death benefit (additional benefit in case of accidental death)- Waiver of premium (most companies will charge extra premium for this rider).