Sentences with phrase «new hybrid life insurance»
Not exact matches
Hybrid products also open up opportunities to introduce new distribution channels to the business via producers who might prefer to sell benefits such as long care rather than life insurance, Reynolds indicated.
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As an added benefit, the life insurance death benefit of the new hybrid policy would pay off her mortgage if she passed away, assuming she didn't use the policy for long - term care.
The good news is, that apart form your stand alone long term care insurance companies, there are newer hybrid long term care life insurance policies available that provide both lump sum death benefit protection, coupled with long - term care protection.
As a result, many people are looking beyond the stand alone long term care insurance to new hybrid long term care life insurance policies.
These policies are also referred to as Hybrid life insurance due to the fact it has new and additional benefits.
The Transamerica Life Insurance Company have some great plan designs for this new hybrid types of life insurance coverLife Insurance Company have some great plan designs for this new hybrid types of life insurance Insurance Company have some great plan designs for this new hybrid types of life insurance coverlife insurance insurance coverage.
Life insurance with living benefits is a modern version of the new hybrid plan designs.
These are just two examples of the types of riders life insurance companies are adding to these new hybrid policies.
These policies are also referred to as Hybrid life insurance due to the fact it has new and additional benefits not normally found in a standard Term life insurance policy.
But a new breed of hybrid life insurance is now available that allows consumers to obtain a reasonable level of protection at a much more affordable price.
The good news is, that apart form your stand alone long term care insurance companies, there are newer hybrid long term care life insurance policies available that provide both lump sum death benefit protection, coupled with long - term care protection.
As a result, many people are looking beyond the stand alone long term care insurance to new hybrid long term care life insurance policies.
A new product offered by some insurance companies is a type of hybrid policy that combines whole life coverage with a long term care benefit.