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5 Resources for

benefit and rider

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BNET Business Dictionary

Benefit
something that improves the profitability or efficiency of an organization or reduces its risk, or any nonmonetary reward given to employees, for example, paid vacations or employer contributions to pensions
Benefit definition on BNET »

BNET Resources

MetLife Introduces New Inflation Protection Rider for Individual Disability Income; Automatically Increases the Monthly Benefits Amount
NEW YORK -- MetLife today announced the introduction of the new Automatic Increase Benefit AIB rider designed to allow policyholders to keep pace with inflation without having to provide evidence of continued insurability. The rider, available on certain MetLife disability income policies, automatically increases the base monthly benefit by 5%...
Tags: benefit, income, inflation, MetLife Inc., rider
Research articles 2004-08-31
Outlook for variable annuities fairly dim: rising prices a likely deterrent.
On the surface, estimates that new variable-annuities sales rose 5% last year might be cause for high-fives all around. But executives, who know what's behind the numbers, say the apparent gains are deceptive. If anything, the figures appear t ...
Tags: sales, annuity, rider, ING Group, benefit, company, Microsoft Outlook
Research articles 2003-02-03
Payroll deduction UL has LTC accelerated benefit. (universal life, long-term care)
Transamerica Assurance has added a long-term care accelerated benefits rider to its new payroll deduction universal life policies. The rider covers long-term and home health care and pays a monthly benefit equal to 2% of the base policy death benefit. It Transamerica Assurance has added a long-term care accelerated benefits...
Tags: benefit, home health care, long-term care, payroll, rider, Transamerica Corp.
Research articles 1993-03-08
Hancock LTC rider allows spouses to share benefits. (John Hancock Financial Services; long-term care)
A new rider developed by John Hancock Financial Services gives an individual access to benefits available under a spouse's long-term care LTC policy, if that individual's LTC benefits are exhausted. Under Hancock's SharedCare plan, each spouse, in orderA new rider developed by John Hancock Financial Services gives an individual access...
Tags: benefit, John Hancock Financial Services Inc., long-term care, rider
Research articles 1995-10-23
New VA feature extends benefit to the spouse; Advisers like idea of guarding survivor's income stream.(News)
Byline: Gary S. Mogel NEW YORK - Spousal guarantees, a new feature in variable annuities, provide a surviving spouse with the same minimum-income stream in retirement as the spouse who owned the contract. "It's very important...
Tags: advisor, annuity, benefit, income, payment, Phoenix Technologies, rider
Research articles 2005-12-12

Additional Resources

Bank annuities add no-cost ADB rider. (Essex Corp. product; accidental death benefit)
Third-party annuity provider Essex Corp, hoping to enhance its product line, has added a double-indemnity accidental death benefit ADB rider to its contracts. The rider, available in more than 30 states, is already being issued by four insurers, and the banks through which the company markets its annuities will also...
Tags: Essex Corp.
Research articles 1995-03-20
'Violent crime rider' targets AD&D. (accidental death and disability insurance)
CIGNA Re is offering employers a violent crime rider for its accidental death and disability insurance (AD&D) that covers employees 24 hours a day, unlike most other felonious assault riders that only cover harm done during work. Group AD&D primary insurers can offer the plan, which includes a death benefit...
Tags: CIGNA Corp.
Research articles 1994-09-12
Phoenix Introduces Innovative GMAB Rider; Protects Principal and Offers Credit, Regardless of Market Performance
HARTFORD, Conn. -- The Phoenix Companies, Inc. (NYSE:PNX) today announced the launch of the Phoenix Guaranteed Minimum Accumulation Benefit GMAB Rider, available on select deferred variable annuity products, which guarantees first-year deposits and provides a 5 percent credit at the end of a required 10-year holding period, regardless of market...
Tags: Phoenix Technologies
Research articles 2004-11-10
Takeovers, Freezouts, and Risk Arbitrage
This paper develops a dynamic model of tender offers in which there is trading on the target's shares during the takeover. It also tells about the condition where bidders can freeze out target shareholders compulsorily acquire remaining shares not tendered at the bid price, and features that prevail on almost...
Tags: Takeover, Arbitrage, Benefit, Knowledge@Wharton, Financial Services
White papers 2001-03-01
Guardian offering living-benefit rider.
* Guardian Insurance and Annuity Co. Inc. in New York, a subsidiary of the Guardian Life Insurance Co. of America, is offering new investors in the Guardian Investor Retirement Asset Manager variable annuity a living benefit rider that combines principal protection guarantees and strategic asset-allocation features....
Tags: annuity, Benefits, FINANCE, Guardian Life Insurance Co., Investment, investor
Research articles 2000-03-20
Accelerated benefit rider also pays at 'chronic illness.'(National Life Insurance Co.'s Accelerated Benefits Rider pays for chronic as well as terminal illness)(Product Announcement)
National Life of Vermont, Montpelier, Vt., has ramped up its Accelerated Benefits Bider for most life policies to pay benefits for "chronic illness" as well as terminal illness. The enhanced rider, which is being offered at no cost to existing and new issue...
Tags: National Life Insurance Co.
Research articles 1998-04-06
MetLife Enhances Popular GMIB Rider for Variable Annuities; A new rider for people looking for income for life and more flexibility
NEW YORK -- To provide more flexible options to its variable annuity product line-up, MetLife introduced a new Guaranteed Minimum Income Benefit called GMIB Plus or Predictor Plus, an enhancement to its popular GMIB rider. GMIB Plus is available through MetLife Investors and Predictor Plus through MetLife and New England...
Tags: income, MetLife Inc., rider
Research articles 2005-06-06
MetLIfe Launches GMAB For Variable Annuities; New living benefit in MetLife's suite of optional benefits
NEW YORK -- MetLife, the second largest provider of variable annuities, today introduced a new living benefit rider to its suite of optional benefits for its variable annuities. The Guaranteed Minimum Accumulation Benefit GMAB is available with most MetLife deferred variable annuities offered through the company's agency and independent distribution...
Tags: annuity, benefit, MetLife Inc.
Research articles 2005-11-21
Guardian adds to lifetime rider.(Life)(Guardian Insurance and Annuity Co.)(Brief article)
The Guardian Insurance & Annuity Co., a wholly owned subsidiary of the Guardian Life Insurance Company of America, has improved its guaranteed minimum withdrawal benefit rider, Lifetime Focus. Guardian increased the minimum amount the guaranteed withdrawal balance will rise annually to 6% from 5%, if no...
Tags: Benefits, FINANCE, Guardian, Guardian Life Insurance Co., Insurance, withdrawal
Research articles 2008-03-01
Lincoln Benefit Life Strengthens Life Insurance Portfolio with New TrueTerm; New Term Life Insurance Offers Up to 35 Percent Savings on Rates And Return of Premium Rider
NORTHBROOK, Ill. -- Now, more than ever, is the time to consider purchasing term life insurance. An aging population and competition driven by the Internet have attributed to the recent decline in the cost of term life insurance policies. Lincoln Benefit Life Company has followed suit with the Sept. 1...
Tags: Allstate Corp., benefit, FINANCE, Insurance, Lincoln
Research articles 2006-08-31
Floridians May Benefit from New and Extended Tax Deductions, According to Tax Firm Gilman Ciocia
To: POLITICAL EDITORSContact: Samantha Rider, Director, Public Relations, +1-845-485- 3338, ext. 4218, samantha.rider@gilcio.com POUGHKEEPSIE, N.Y., March 15 /PRNewswire-USNewswire/ -- Gilman Ciocia, a leading provider of federal, state and local tax planning and preparation services is reminding residents of the state of Florida about three new and existing money-saving deductions available...
Tags: Gilman Ciocia Inc.
Research articles 2007-03-15
VA Competition Is Still Hot: MFS Adds Another Earnings Rider.(Brief Article)(Statistical Data Included)
When the four MFS Regatta Annuities debuted their new "earnings enhancement benefit" in April 2000, the variable annuity wonks at MFS Investment Management expected the feature would do well. It did. "Almost 70% of new Regatta VAs have been issued with...
Tags: MFS Investment Management
Research articles 2001-08-27
Prudential Reaches $100 Million Milestone in Paid Claims For Living Needs Benefit
NEWARK, N.J.--BUSINESS WIRE--June 25, 1998--Bob collapsed at a family gathering. His family found out that he had a brain tumor. Doctors removed most of the tumor, but said Bob would not survive the year. Bob faced selling his small business to cover the living expenses for himself, his wife and...
Tags: benefit, financial, Prudential Insurance Company of America
Research articles 1998-06-25
Prudential Reaches $100 Million Milestone in Paid Claims for Living Needs Benefit
NEWARK, N.J.--BUSINESS WIRE--June 25, 1998--Bob collapsed at a family gathering. His family found out that he had a brain tumor. Doctors removed most of the tumor, but said Bob would not survive the year. Bob faced selling his small business to cover the living expenses for himself, his wife...
Tags: benefit, financial, Prudential Insurance Company of America
Research articles 1998-06-25
MetLife Revamps Its Variable Annuities with New Death Benefit Rider and Upgrades to Two Living Benefit Riders
- Enhanced variable annuities designed to provide more guarantees, protection features, investment choice and potential to maximize retirement income -
Tags: annuity, benefit, MetLife Inc.
Research articles 2008-04-30
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