Sentences with phrase «amount of death benefit throughout»

In most cases, term life insurance will maintain a set amount of death benefit throughout the entire time of the policy.

This company offers OPTerm life insurance policies, which provide a level amount of death benefit throughout the entire term, or time frame, of the policy.

Not exact matches

The death benefit amount remains level throughout the life of the contract.

In addition, since the amount of the death benefit will remain fixed throughout the term of the policy, the death benefit your family will receive will be higher.

A whole life insurance policy will offer guaranteed level premiums throughout the life of the policy, as well as a guaranteed amount of death benefit.

With the level term plans, both the amount of the death benefit and the amount of the premium due remains the same throughout the entire lifetime of the policy.

Also known as mortgage life insurance, decreasing term insurance is what its name suggests: throughout the life of the policy, the amount of death benefit protection decreases at a predetermined rate.

For example, with a level term policy, the amount of the death benefit will remain the same throughout the «term» of the policy.

And, the death benefit and the amount of the premium are guaranteed throughout the entire term of the policy.

With the level death benefit, the amount the policy pays out stays level throughout the life of the policy and pays out the death benefit or the cash value, whichever is greater.

One type — level term — will keep the face amount (death benefit) of the policy the same throughout the entire duration of the policy.

In most cases, the amount of the death benefit coverage, as well as the sum of the premium, will remain level throughout the term of the policy.

The most popular form of term life insurance where the death benefit and premium amount are guaranteed to stay the same throughout the life (term) of the insurance policy.

Level — With the level death benefit option, the amount of coverage will remain the same throughout the life of the policy.

Plus, if you go with a level term life insurance policy, the amount of the policy's death benefit, and its premium cost can remain the same throughout the entire duration of the policy.

Increasing term life insurance is a term policy that maintains the same premium throughout the term, but that has an increasing amount of death benefit.

With a term life insurance plan, the policyholder's monthly payment is the same throughout a set time period — or «term» — such as 20 or 30 years, in return for a stated amount of death benefit protection should they pass away during the time that the policy is in force.

A whole life insurance policy will offer guaranteed level premiums throughout the life of the policy, as well as a guaranteed amount of death benefit.

Here the family of the assured is eligible to receive death benefits throughout the term of the policy, where the benefits are subject to the amount of premium paid.

Typically, the monthly amount you pay and the amount of the death benefit remain the same throughout the policy.

In addition, since the amount of the death benefit will remain fixed throughout the term of the policy, the death benefit your family will receive will be higher.

Even though the amount of the death benefit will not initially be a level amount, the premiums are the same amount throughout the life of the policy.

With a level death benefit policy, coverage will remain the same amount throughout the life of the policy — and, unlike a term life policy, coverage will never expire as long as the premiums are paid.