Sentences with phrase «because policy parameter»

Not exact matches

This approach may avoid running afoul of the Supreme Court's observation that, «[a] s a general rule, decisions concerning budgetary allotments for departments or government agencies will be classified as policy decisions,» because funding (or not funding) individual services may not implicate larger budgetary decisions if the «operational decisions» are made by «lower level» actors within the parameters — including ultimate financial constraints — of the policy.

This type of policy is considered to be more flexible than whole life, though, because the policy holder may choose — within certain parameters — how much of the premium will go towards the policy's death benefit, and how much will go into the cash value.

There are also different types of policies offered because the parameters covered between the different life insurance companies are different for each.

One reason for this is because often, the price that will be charged can differ — sometimes substantially — from one insurance carrier to another, even for the same policy parameters.

This coverage is considered to be more flexible than whole life insurance coverage, however, because the policyholder can decide how much of the premium goes into the cash value component of the policy and how much goes towards the death benefit (within certain parameters).