Sentences with phrase «initial death benefit guarantee»

Not exact matches

Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

Mutual of Omaha offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than permanent coverage.

Lafayette Life offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

Keystone Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

Term life insurance allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

2 The adjusted total premium is the initial single premium plus any underwritten increases, less any partial surrenders and any applicable surrender charges in excess of policy gain and any loans and accrued loan interest, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value, The death benefit guarantee will not apply if the sum of any outstanding loans plus accrued loan interest is greater than the policy's cash value.

Although the initial death benefit is lower than with the guaranteed universal life policy, overtime the death benefit of a properly structured whole life policy may far surpass what other insurance policies will offer.

Just like guaranteed universal life policies do to age 100 or 120, these riders mandate that even if the policy has no cash value, the death benefit and premium are still guaranteed to stay fixed during the initial term selected.

* The monthly premium example is for a Protective Custom Choice Universal Life Insurance policy with a $ 100,000 death benefit for a 30 - year - old male insured, Select Preferred underwriting class, with a 10 - year guaranteed initial level benefit period.

After your initial level benefit period ends, your guaranteed death benefit will begin to decrease while your premium payment amount remains level.

Premiums were compared between the Protective Classic Choice Term life policy and the competitors» term products for a 30 - year old male with a $ 100,000 death benefit, select preferred non-tobacco underwriting class and a 10 - year initial guaranteed premium period.

Death Benefit - In case of the demise of the insured within the initial 5 years of the policy issued date (i.e. before the vesting date), a basic sum assured plus accrued guaranteed addition in paid to the policy beneficiary either in a lump - sum or as the annuity or as a combination of two.

The 50 % Death Benefit guarantee means that regardless of what happens with the SPIA policy, one - half of the initial premium will go to the beneficiaries in a lump sum.

Express Issue Term 20 — The Express Issue Term 20 plan is a level death benefit term policy with an initial level premium guarantee period of 20 years.

DEFINITION of «Annual Renewable Term (ART) insurance», a term life policy where the initial contract is for one year, that renews annually, and offers you guaranteed insurability for a set number of years, as well as a level death benefit.

Lafayette Life offers convertible term life insurance which allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

Term life insurance allows you to have a large guaranteed death benefit for a lower initial cost than whole life insurance.

Term life insurance allows you to have a large guaranteed death benefit for a lower initial cost than permanent life insurance.

Term life insurance allows you to leverage a relatively small monthly premium for a large guaranteed death benefit with a lower initial cost than permanent life insurance.

This guaranteed universal life policy keeps the premium level after the initial death benefit period.

When an insurance policy's guaranteed cash value equals the initial death benefit, it is said to «endow» or mature.

The Policy's initial death benefit would be $ 1,300,000, but it was projected (though, again, not «guaranteed») that this would begin to grow each year beginning in Year 7.