Sentences with phrase «additional traditional life insurance policy»

Perhaps you already have a life insurance policy and need more coverage, but can't afford an additional traditional life insurance policy.

Not exact matches

Return of premium life insurance gives you all the benefits of a traditional term life insurance policy, plus the additional benefit of having all of your cumulative premiums paid back to you at the end of the policy

That said, consumers who want to buy cash value life insurance through traditional insurers can lower the total commission by blending term and permanent policies to start with, and then buying additional permanent coverage over time to replace the term life component.

Farmers EssentialLife ® Simple Whole Life is a modernized whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policLife is a modernized whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policlife insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policlife with optional riders (available at additional charge), potential to earn excess credits, and a discount7 for customers with other Farmers insurance policies.

However, if you do not have a traditional life insurance policy and your assets are not sufficient to cover the average $ 9,000 for funeral expenses and any additional medical expenses associated, then final expense insurance becomes a viable option.

Accidental death insurance (sometimes referred to as accidental death and dismemberment) policies are also a very cost effective means to add additional family financial protection along with a traditional life insurance policy.

When applying for coverage on these types of policies, an individual will need to go through the typical steps of life insurance underwriting, along with some additional standards that are used for underwriting traditional long - term care insurance plans.

The Farmers Essential Life Simple Whole Life insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional riders that can be added (at an additional premium charLife Simple Whole Life insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional riders that can be added (at an additional premium charLife insurance policy essentially combines the traditional guarantees of whole life insurance, with various optional riders that can be added (at an additional premium charlife insurance, with various optional riders that can be added (at an additional premium charge).

They can also provide an additional vehicle for someone who is in their 50s with a way to add more tax - deferred savings if they have already maxed - out their other qualified retirement plans such as their employer - sponsored 401 (k) and / or Traditional IRA account, as these life insurance policies typically have no annual contribution limits.

Farmers EssentialLife ® Simple Whole Life is a whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policLife is a whole life insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policlife insurance policy combining the traditional guarantees of whole life with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policlife with optional riders (available at additional charge), potential to earn excess credits, and a discount8 for customers with other Farmers insurance policies.

If you want more coverage, you'll have to buy an additional plan from another carrier or go with a traditional term life insurance policy.

In addition, a simplified life insurance policy may also not have some of the additional riders available that a more traditional term policy can offer.

Maturity benefits: Unlike traditional life insurance, term benefit policies offer total refund of premiums and additional bonus to the policy - holder, if the policy is continued till the end of the term.