Sentences with phrase «term life insurance policy holder»

If you are an existing MetLife Rapid Term Life Insurance policy holder and would like to contact our service team, please call 1-866-219-2232.
For any Primerica term life insurance policy holders reading this — look at your policy.
There are other policy options as well, including one for return of premium, as well as a term conversion option that allows the company's term life insurance policy holders with additional flexibility as their policy ages.
The increase is so minimal, in fact, that most term life insurance policy holders have only had to pay about a dollar more a month for their insurance.

Not exact matches

Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.
Term life insurance offers policy holders some important flexibility.
Within the arena of whole life insurance, policies mostly differ in terms of the «bells and whistles» attached and what the company chooses to offer policy holders.
If you're not familiar a term life insurance policy is a contract that pays a specific amount of money upon the policy - holder's death.
Term life insurance offers a fixed payout to the policy holder's beneficiaries in the event of his or her death.
The company also has a combination life / long - term care option whereby a policy holder can use a universal policy as an alternative to purchasing a stand - alone long - term care insurance policy.
In many of these cases, a term life insurance policy is often the most inexpensive choice and the full face value of the policy pays out on the policy holder's death.
Universal life insurance, on the other hand, is a type of insurance that is more fluid since it combines term insurance with an investment in the money market as preferred by the policy holder or advised by the insurance company.
Yet, over time, while an insured who owns term life coverage may need to renew at a higher premium rate, a whole life insurance policy holder will retain the same premium expense throughout the entire life of the policy.
Some Exide Life My Term Insurance Plan and Edelweiss Tokio Easy Pension Provisions are made for a policy holder.
Some IndiaFirst Group Term Plan and Exide Life My Term Insurance Plan Provisions are made for a policy holder.
Some Shriram Group Term Life Insurance and IndiaFirst Guaranteed Retirement Plan Provisions are made for a policy holder.
Some Aegon Life Term Insurance Plan and SBI Life Shubh Nivesh Provisions are made for a policy holder.
Some Future Generali Group Term Life Insurance Plan and Star Union Dai ichi Group Retirement Benefit Plan Provisions are made for a policy holder.
Because term life insurance will expire when the policy holder reaches a certain age, it is important that policy - holders ensure that renew their the policy when it expires.
Term life insurance is the cheapest form of life insurance that gives a policy holder temporary coverage for a specific number of years such 10, 20 or 30 years which is why it is called «term&raqTerm life insurance is the cheapest form of life insurance that gives a policy holder temporary coverage for a specific number of years such 10, 20 or 30 years which is why it is called «term&raqterm».
The cost of term life insurance for seniors will vary depending on the benefits, age and health of the policy holder.
Term life insurance policies may be renewed for a premium at the end of a given term if the policy holder's life should exceed the tTerm life insurance policies may be renewed for a premium at the end of a given term if the policy holder's life should exceed the tterm if the policy holder's life should exceed the termterm.
If the life insurance policy holder breaks the terms set forth in the policy, he or she may not be entitled to money despite having paid premiums.
Here, a policy holder can convert their existing level term life insurance policy for a permanent policy at his or her attained age — regardless of their health condition.
A term life insurance policy covers the policy - holder up to the age specified in the contract.
It should be noted that insurance companies must be notified of the collateral assignment of life insurance for the policy itself, but otherwise they remain at a distance when it comes to the terms between the policy holder and the assignee.
Life insurance is an agreement between the policyholder and the insurance company to provide a predetermined amount to the policyholder's dependants in case of the holder's demise during the term of the policy.
Renewable Term Life Insurance that is in force for a stated period, and can be renewed by the policy holder (or owner) at the end of each term for a limited number of terms without proving insurability of the insTerm Life Insurance that is in force for a stated period, and can be renewed by the policy holder (or owner) at the end of each term for a limited number of terms without proving insurability of the insterm for a limited number of terms without proving insurability of the insured
Term insurance has garnered importance in recent times as it is a policy which provides a life cover for a definite period of time and benefits the nominee of the deceased policy holder in case of his / her death.
This convertible term insurance can be made of use when the person insured is still at a young age where the insurance could still cater for small expense and premature death but as time comes everyone gets older, this convertible term insurance might not be enough to cater the long term needs of the insured so it is of best interest that the policy holder should convert their policy to a more permanent type of insurance such as Universal Life.
This new term plan from Kotak Life Insurance Company also provides policy holders with options to avail additional cover at different intervals to take care of their increasing responsibilities.
Term life insurance is often considered the most popular form of insurance for people who want to put a prepared financial plan into place to shelter their family members in case something unexpected happens to the policy holder.
Without the investment component, the policy holders will be paying strictly for a level term life insurance policy.
Allowing the life insurance coverage to lapse could leave the beneficiaries high and dry, and it is important for term life holders to understand the importance of renewing their policies on time.
«The renewable term life insurance was set to mature, and the policy holder may want to continue having the coverage.»
It has the features of both a term and whole life insurance which allows policy holders to choose varying payment methods and coverage every year while adjusting its interest on a monthly basis.
In addition, almost all term life insurance plans also provide critical illness benefits to ensure a lump sum payout for the beneficiaries in case the policy holder is diagnosed with some critical diseases.
Yet, over time, while an insured who owns term life coverage may need to renew at a higher premium rate, a whole life insurance policy holder will retain the same premium expense throughout the entire life of the policy.
Unlike term life insurance, which covers the contract holder until a specified age limit, a traditional whole life policy never runs out.
Life insurance, or rather, standard life insurance, consists of a policy that is either permanent life insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's deLife insurance, or rather, standard life insurance, consists of a policy that is either permanent life insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's delife insurance, consists of a policy that is either permanent life insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's delife insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's delife insurance, with a death benefit paid to the beneficiaries upon the insurance holder's death.
Term life insurance offers policy holders some important flexibility.
Term life insurance can also be a term that lasts until the policy holder reaches a specific Term life insurance can also be a term that lasts until the policy holder reaches a specific term that lasts until the policy holder reaches a specific age.
Primerica is good for an independent agent's business because Primerica's policy holders eventually realize they can get a much less expensive term life insurance policy after having a conversation with one of us.
When the initial «term» of a term life insurance plan ends and the policy holder opts to renew his or her coverage, the new policy will be underwritten at the then - current age and health condition of the insured.
At that time, the policy holder will either need to renew his or her term life insurance coverage, or simply let the policy end.
While there are a ton of different names for these plans (whole life insurance, universal life insurance, etc.), they all have a core similar to Indiana term life insurance but with a major difference in that the policy grows a cash values for the policy holder.
Term insurance policies have no cash value and leave policy holders without life insurance once they expire.
The additional term insurance option sometimes allows dividends to be used to purchase additional term insurance on the policy holders life.
Whole life insurance is designed to protect the policy holder for a lifetime, rather than just for a term.
There is no date of expiry like in a term life insurance and the death benefits will be received by the beneficiary mentioned in the policy only in the event of the death of the policy holder.
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