Sentences with phrase «additional life insurance»

It allows the insured to purchase additional life insurance coverage at specific ages, or alternatively, at special occasions such as the birth of a child or marriage.

You may want to consider adding the GI rider to your policy if you think you may have the need for additional life insurance coverage in the future.

The ability for a person to own more than one life insurance policy allows people with limited funds to slowly buy additional life insurance policies as their available income increases over time.

Every year you receive a dividend from the insurance company you can elect to buy additional life insurance with the proceeds.

You subsequently bought some term life insurance as well because you felt you needed additional life insurance protection for your family.

This rider protects an insured person in case their health declines dramatically after a policy is issued, and there is a need for additional life insurance in the future.

We understand that the purchase of a single life insurance policy — as well as the purchase of additional life insurance coverage — may seem to be a bit overwhelming.

Every year you receive a dividend from the insurance company you can elect to buy additional life insurance with the proceeds.

In addition, this rider will only allow you to purchase additional life insurance at specified times or for certain life events - called option dates.

There are additional life insurance riders available, such as a disability rider, waiver of premium and conversion option.

Moreover, as the child matures, he or she may have the option of buying additional life insurance in the future, providing protection for their own family.

More commonly, you may choose to pick up the employer sponsored coverage as well as additional life insurance policies meant to serve specific purposes or meet your family's life goals.

Certain policies also allow your child to purchase additional life insurance on top of what you bought, no matter their health status.

If your term life insurance application is denied — for example, if you have a high risk profile — your agent can help you to explore additional life insurance companies and options.

If you're 62 years old and you do not have life insurance yet, or you're thinking about getting additional life insurance coverage, then you've come to the right place.

Before you decide whether or not to purchase additional life insurance through your employer, make sure your price out a term life insurance policy through a reputable insurance company.

If your term life insurance application is denied — for example, if you have a high risk profile — your agent can help you to explore additional life insurance companies and options.

Even if you decide mortgage insurance is the way you want to go, a well - designed financial plan should include additional life insurance as well.

There are many additional life insurance options that are available to you when considering mortgage protection.

Many people will still be able to obtain additional life insurance coverage if they need it, even with a health problem.

Your employer also might offer you the chance to buy additional life insurance under a group policy.

With a healthy business, a change in valuation may mean additional life insurance coverage to cover the cost of a buyout.

The company offers additional life insurance policy types as well.

A lot of additional life insurance features and options are available that enable you to tailor your coverage to your individual needs and preferences.

A business can help certain key executives buy additional life insurance using an executive bonus plan.

This particular rider is ideal if you think you may require additional life insurance at a later date.

Those who typically buy this type of coverage could be individuals who anticipate additional life insurance needs in the future.

You know you need to buy additional life insurance so you finally decide to take action.

If you fear additional life insurance coverage won't fit your budget, explore term life insurance options.

You are allowed to continually add to your policy in addition to your normal premium through vehicles known as life insurance supplement riders, additional life insurance riders, or paid up additions.

Certain policies also allow your child to purchase additional life insurance on top of what you bought, no matter their health status.

Most group sponsored plans allow employees to buy a certain amount of additional life insurance coverage, but even that might not meet their needs.

There are additional life insurance policies available, and while they are not the most popular choices, they may be right for you.

Most riders allow you to choose to buy additional life insurance at various time increments, or at specific ages.

In fact, these funds can be used to purchase additional life insurance as well as long - term care insurance.

For example, you could still need additional life insurance coverage when you own a joint life insurance policy.

As his estate size has increased he is seeing the need for additional life insurance which will be owned by the same trust.

You can consider this as additional life insurance coverage.

As well as making sure your child will have the option of buying additional life insurance in the future, no matter your child's health status, or occupation.

You may need to look into purchasing additional life insurance coverage on your own.

Most riders allow you to choose to buy additional life insurance at various stages or at specific ages.

It provides you the option of adding additional life insurance with no evidence of insurability required.

Guaranteed Purchase Option: allows the purchase of additional life insurance without needing to prove insurability.

If you have a temporary need for additional life insurance above the current face value of your existing policy and want an affordable way to have coverage, considering a term rider might be a solution for you.

Wage earners who also have employer - sponsored life insurance coverage, but who also need additional life insurance protection.

It allows you or your child (or grandchild) to purchase additional life insurance down the road without having to answer any questions or take a medical exam.

For additional life insurance information, see our Life Insurance articles in the Personal Finance section of the site.