Sentences with phrase «whole life policyholders»

Although, dividends are not guaranteed, some insurance companies have paid them annually to their whole life policyholders for more than 100 straight years.

Insureds must be Flagship Whole Life policyholders for at least five years for this option to be available.

Since the mortality rate for whole life policyholders is higher than other types of life insurance, and the death benefit and periodic premiums are guaranteed, the premiums for whole life insurance are much higher than term insurance.

And although not guaranteed, MetLife has paid dividends to qualifying whole life policyholders for over 100 years.

In addition, whole life policyholders receive annual life insurance dividends.

Whole life policyholders can also surrender a policy for a cash amount.

A term life policyholder pays a small fraction of what a whole life policyholder pays for the same benefit amount.

The good news for a whole life policyholder is he does not have to pay income taxes each year on the growth in his plan's cash value.

Not exact matches

Mr. Martin added, «The addition of Survivorship Choice Whole Life to Penn Mutual's strong life insurance portfolio demonstrates our commitment to whole life insurance and the value it provides policyholders, as well as our commitment to offering survivorship life insurance solutions for policyholders with diverse objectives and risk tolerances.&rWhole Life to Penn Mutual's strong life insurance portfolio demonstrates our commitment to whole life insurance and the value it provides policyholders, as well as our commitment to offering survivorship life insurance solutions for policyholders with diverse objectives and risk tolerances.&raLife to Penn Mutual's strong life insurance portfolio demonstrates our commitment to whole life insurance and the value it provides policyholders, as well as our commitment to offering survivorship life insurance solutions for policyholders with diverse objectives and risk tolerances.&ralife insurance portfolio demonstrates our commitment to whole life insurance and the value it provides policyholders, as well as our commitment to offering survivorship life insurance solutions for policyholders with diverse objectives and risk tolerances.&rwhole life insurance and the value it provides policyholders, as well as our commitment to offering survivorship life insurance solutions for policyholders with diverse objectives and risk tolerances.&ralife insurance and the value it provides policyholders, as well as our commitment to offering survivorship life insurance solutions for policyholders with diverse objectives and risk tolerances.&ralife insurance solutions for policyholders with diverse objectives and risk tolerances.»

Participating whole life insurance pays dividends to the eligible policyholder.

In addition to covering the policyholder's funeral and burial costs, whole life insurance policies can be used to cover a wide range of other expenses, including:

Whole life insurance is a type of permanent life insurance that remains in effect for the entirety of the policyholder's life.

It allows its policyholder to make variable premium payments (whole life premiums are consistent) from month to month.

Some types of whole life insurance, called participating whole life, pay dividends to policyholders.

Life insurance dividends are unique to participating whole life insurance policies and are used by policyholdersLife insurance dividends are unique to participating whole life insurance policies and are used by policyholderslife insurance policies and are used by policyholders to:

For those whole life insurance policyholders who have eligible policies, there is also the option of using dividends to help in paying some or all of the premium.

Whole life insurance that is offered through New York Life allows policyholders to have benefit at death along with cash value build up that is allowed to grow on a tax deferred basis over tlife insurance that is offered through New York Life allows policyholders to have benefit at death along with cash value build up that is allowed to grow on a tax deferred basis over tLife allows policyholders to have benefit at death along with cash value build up that is allowed to grow on a tax deferred basis over time.

Whereas whole life insurance provides fixed rates of return on the account value, at rates determined by the insurance company, variable life insurance provides the policyholder with investment discretion over the account value portion of the policy.

Whole life insurance (also known as permanent life insurance) covers policyholders for their lifespan (assuming they pay their premiums on time and in full) and may generate cash value over time.

Similar to whole life insurance, except it offers the policyholder the option to use the cash value to pay for premiums.

ROP term is especially attractive to policyholders who do not possess the wherewithal or the desire to pay whole life insurance premiums.

The best participating whole life insurance companies will also offer dividends to policyholders each year.

The best whole life insurance is participating whole life, where the insurance company pays a dividend to participating policyholders.

It's mostly because whole life insurance is expensive, and policyholders struggle to keep up with the premiums as time goes on.

Whole life insurance offers death benefit coverage to beneficiaries that gradually reduces the insurer's commitment as the policyholder's cash value builds.

Finally, whole life insurance, not term life, will be eligible for annual life insurance policy dividends and it is only a certain percentage of whole life policies that pay dividends to policyholders.

Penn Mutual's participating whole life insurance policy provides all the guarantees of whole life, with an opportunity for increased cash value accumulation through annual dividends paid to policyholders.

Similar to whole life insurance, term life coverage provides a lump sum death benefit in the event that the policyholder passes away while the policy is still active.

Northwestern Mutual has some of the best consumer reviews and, as a mutual insurance company, has consistently issued dividends to whole life insurance policyholders for decades.

MassMutual is also a mutual life insurance company, meaning it's owned by its policyholders and the company has consistently distributed dividends to those with whole life insurance policies for over 150 years.

In addition to providing a guaranteed death benefit for life, typically with guaranteed level premiums for life, whole life policies develop significant guaranteed cash values over time which the policyholder can access.

Unlike a Participating Whole Life policy, the policyholder is not sharing in the surplus earnings of the insurance company.

Upon the policyholder's death, usually the insurer pays the face value of the death benefits for whole life insurance policies.

Unlike whole life policies, which remain in effect for the policyholder's entire life, term life policies expire after a specific amount of time (typically between five to 30 years).

Although not guaranteed, Ohio National has paid dividends to its policyholders of participating whole life insurance for 93 straight years.

The first is a type of «whole life» insurance product (also called «permanent life» insurance) for which the policyholder's cash value is invested in one or more portfolios of securities.

Indexed Dividend Crediting Option (IDO) Rider — Legacy and Legacy 121 policyholders can participate in market moves earning up to double their dividend, without sacrificing whole life guarantees.

The benefit to term life is that it is much less expensive than whole life, but the con is that it does indeed expire and will not provide any benefit if the policyholder lives past the policy expiration.

The big difference between universal life insurance and a whole life policy, is that with universal life the premiums can be paid as the policyholder desires, as long as sufficient cash values are present to pay of the cost of insurance.

When picking a whole life insurance policy, a potential policyholder needs to consider the overall strength and integrity of the insurance company when considering dividends.

Prudential also offers Term Elite protection, which provides policyholders the protection of term life while preparing them to convert to whole life insurance.

Whole life insurance is designed to last for the entire life of the policyholder, and the amount of life insurance coverage also remains level throughout the length of the policy.

A universal life insurance policy is similar to a Whole Life policy, with the exception of less policyholder participation in how the premiums are invested in money market fulife insurance policy is similar to a Whole Life policy, with the exception of less policyholder participation in how the premiums are invested in money market fuLife policy, with the exception of less policyholder participation in how the premiums are invested in money market funds.

Unlike whole life insurance, universal life insurance allows the policyholder to use the interest from his accumulated savings to help pay premiums over time.

Unlike Whole Life Insurance, with Universal Life Insurance all the financial operations are transparently disclosed to the policyholder.

As cash value builds in a whole life policy, policyholders can borrow against the accumulated funds and receive the funds tax - free.

Universal life provides a death benefit, and cash value build up, however, these policies are more flexible than whole life, as the policyholder may (within certain guidelines) alter the timing and the amount of the premium payment.

While a younger policyholder may have less money to invest in a policy, he or she can opt for a term plan instead of whole life insurance to avoid added costs.

Nationwide whole life offers participating policyholders dividends.

Universal life is considered to be more flexible than whole life in that the policyholder is able — within certain guidelines — to change the due date of the premium payment, based on his or her needs.