Sentences with phrase «traditional life insurance plans often»
Traditional life insurance plans often require a medical exam or health questions to determine an applicant's risk level and premium.
http://www.aig.com/ Not exact matches
Traditional universal life insurance policies are often referred to as «forced savings» plans because they require the insured to pay for the cost of their insurance policy and invest extra money to build up a savings.
Some types of non-medical life insurance do not require the completion of a health questionnaire either, thus, non-medical life insurance is often a good choice if you've been diagnosed with cancer (though it is typically more expensive than traditional life insurance) or plan to get a life insurance policy after cancer.