Definition of «other life insurance products»

The phrase "other life insurance products" refers to any type of life insurance policy that is not a traditional term or whole life insurance. It can include various types of policies such as universal, variable, or indexed life insurance, among others. These policies often offer more flexible features and benefits than traditional life insurance options, but may also come with higher premiums or fees.

Sentences with «other life insurance products»

  • So, although your home would be paid off, these policies were less flexible than other life insurance products available. (buymortgageprotection.com)
  • Mortgage life insurance provides a very specific type of coverage that is usually best for someone who might not otherwise qualify for other life insurance products. (homeguides.sfgate.com)
  • Unlike other life insurance products, you usually purchase guaranteed issue life insurance directly from the company offering it. (policygenius.com)
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