Sentences with phrase «additional higher life cover»

Not exact matches

Here's how: The lender covers those additional costs by giving you a higher interest rate, which you're stuck with for the life of the mortgage or until you refinance.

Placing a high value in education, GSMLife offers College 18 plan with competitive rates and with an additional whole life insurance covering permanent protection, death benefits and cash value.

Well, because of 2 reasons — Getting more units without having to compensate the high allocation charges (40 % of the regular premium, 1 - 2 % of the top - up) Additional life cover Top - up can't be made in the first year and the last five years of the policy term.

If you purchase final expense life insurance early enough in life, and your dividend payments are high enough, you may be able to have your dividend payments cover your cost of insurance and you may not need to make additional payments.

In addition, you can add a higher life cover to the base cover by paying a nominal additional annual premium.

In addition, the policyholder can add a higher life cover by paying an additional nominal premium.

However, since the insurance is taking on additional risk by promising payment of all future premiums, you can expect mortality charges (charges for life cover) to be much higher than in case of a regular ULIP.

If you buy a pension plan with life cover, you need to pay higher premiums, as it provides additional benefits of insurance, the rate of premium charged by your insurer depend on the type of plan and its benefits offered.