Make sure you review any questions you have
about your life insurance coverage period with your insurance agent, broker or carrier, and get answers in writing from them.
Not exact matches
If the figures don't satisfy you, ask your
insurance agent
about coverage based on «actual loss sustained» (ALS), which provides unlimited additional -
living - expense
coverage for a limited
period.
Once you commit to a whole
life insurance policy, you don't have to worry
about periods of time; you are setting yourself up with
coverage for the rest of your
life.
Meanwhile, the
insurance company, while collecting your premium, will not have to worry
about paying your beneficiaries death benefits if you die outside of term
life insurance coverage or during a
period of policy lapse.
These are policies that are generally limited to
about $ 25,000 in
coverage, and will not require an applicant to take a medical exam or answer any medical questions (They will also generally have what is called a Graded Death Benefit, referring to a waiting
period prior to full
life insurance coverage beginning, typically 2 years).
Adjustable whole
life insurance polices are ideal for those who are thinking
about how their
coverage needs may change as their incomes and family sizes change over a
period of years.
The
life insurance agents we can put you in contact with our experts and can provide pertinent details
about either your permanent
life insurance quote (such as whole
life, universal
life, and variable
life) or your term
life insurance quote (which gives you
coverage for a particular
period of time).