Sentences with phrase «guaranteed level premium means»

Guaranteed level premium means that your premium payment will remain level, or fixed, for the duration of the whole life policy.

Not exact matches

Protective Life Insurance sells «guaranteed level plans», which means premiums remain level for the duration of the term selected.

This means your premium will stay level during the initial 20 or 30 year term, and prices are guaranteed not to increase until after the initial term has ended.

Although you could potentially be covered up to age 95 with term life insurance, you buy it for periods of time called terms such as 10, 15, or 20 years, which means to premiums are guaranteed to stay level for that initial term.

You want something with a guaranteed level premium — meaning it will never increase, and you want a face value that will remain level until the day you die.

A «guaranteed level premium» policy means that the premium will remain the same — that is, «level» — for the duration of the policy.

They offer guaranteed level premiums which means that your premiums will neither increase nor decrease and has a return of premium feature which will return 100 % of eligible premiums after 15, 20, or 30 - years.

It's important you realize the quotes above are for a 10 year term policy, which means the premiums will be level guaranteed for the first 10 years, but then will increase thereafter.

This is a level term product which means that your life insurance premiums are guaranteed to stay locked in for the length of the term period.

This is a level term product which means that throughout the length of the policy your premiums will not increase nor decrease and is guaranteed to stay locked in.

For example, a fully guaranteed 20 - year term means that your premium is guaranteed to remain the same, or level, for a full 20 years as long as you pay the premium.

It is a level term policy which means your premiums are guaranteed to stay locked in during the entire length of the term.

By guarantee we mean guaranteed level premiums before your rates will likely go up, so you have 10 years before your premiums will go up and usually it's a significant increase.

So 30 year term means your premiums are guaranteed to stay level for 30 years.

Guaranteed level premiums are available which means your premiums will never decrease or increase.

Premiums are level for the length of the policy, which means they are guaranteed not to increase (and would only go down if you decrease the amount of insurance at some point).

I asked if what he meant was that it had a guaranteed level premium and a guaranteed level death benefit and he agreed to that definition.

When he says they are positioning, what he means is that their product will be priced comparably to products that guarantee a death benefit and level premium for life.

When I first started in the business permanent life insurance meant whole life and it meant that it was guaranteed to age 100 with a level premium and level death benefit and at age 100 the cash value equaled the death benefit.