Sentences with phrase «by purchasing a term life insurance policy»

You should, however, consider if you might be better served by purchasing a term life insurance policy; this option may be less costly, since whole life insurance is comparatively expensive.

You should, however, consider if you might be better served by purchasing a term life insurance policy; this option may be less costly, since whole life insurance is comparatively expensive.

You could end up saving money by purchasing a term life insurance policy instead.

You may be able to earn more by investing the money yourself and save money by purchasing a term life insurance policy.

By purchasing a term life insurance policy for a guaranteed period of twenty years, you can be certain the policy you are purchasing is one that will keep your family protected if you were to pass away.

Since term life insurance is so much less expensive than investment hybrid policies, you can literally accumulate a fortune by purchasing a term life insurance policy, and investing the difference in something as simple as an index fund that is tied to the S&P 500.

Not exact matches

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

Will you beneficiaries have the safety net of cash promised by the term life insurance policy you just purchased?

By purchasing a 20 year term life insurance policy during this time in your life, you can be certain your financial responsibilities will be covered if you were to pass away.

When you purchase term life insurance, you agree to pay recurring premiums in return for the commitment by the insurance company to pay a death benefit if the insured happens to die during the term that the insurance policy is in effect.

There are many insurance and financial professionals who suggest that those who purchase a Term Life policy can make up for the investment component of a Permanent Life insurance policy by investing the cost savings between the two on their own.

Term life insurance led the way as the preferred policy agents purchase to protect their own families, followed by whole life and then universal life insurance to round out the top three.

For example, if we look at the cost to purchase a $ 250,000 Term 10 life insurance policy you'll see how delaying purchasing a policy by just a few years could cost you more in annual premiums.

You can almost always get much better rates by purchasing a 30 year term life insurance policy from just about any independent agent.

If you are looking for cheap life insurance, affordable Term life insurance will always have the lowest premium but they should be considered a temporary policy because Term insurance is purchased by term lengths of 5 to 30 yeTerm life insurance will always have the lowest premium but they should be considered a temporary policy because Term insurance is purchased by term lengths of 5 to 30 yeTerm insurance is purchased by term lengths of 5 to 30 yeterm lengths of 5 to 30 years.

This is beneficial to those looking to purchase a 30 year policy, but who are intimidated by the premium price, as it offers an extra 5 years of protection for not much more than a 20 year term life insurance policy.

Here are the points to ponder when planning to purchase term insurance policy - Adequacy of The Cover Amount Life insurance cover is the amount provided by the insurance company to the dependents of the policyholder in case of his demise in order to replace his earnings.

Term life insurance lasts for a specified time determined by you when you purchase the policy.

Whether you purchase a long term care (LTC) policy or add an LTC rider onto your life insurance policy, knowing the financial struggles aging can bring, planning ahead for your children by buying LTC may be very beneficial.

Dead peasant insurance is a slang term used to describe life insurance policies purchased by businesses on the lives of their ordinary employees for the express benefit of the company.

Whether you purchased a private life insurance policy from an insurance carrier or are covered by an employer - sponsored group term life plan, death benefits are generally exempt from income taxes.

If you have not yet purchased life insurance, you may make this tough choice easier in the future by purchasing several smaller term life policies rather than one large policy.

By purchasing a 20 year term life insurance policy during this time in your life, you can be certain your financial responsibilities will be covered if you were to pass away.

The first term period of our life insurance has expired, so in order to keep this life insurance, we have some options: (1) Renew the policy at a premium of $ 750.00 per month (2) Let the policy lapse and have no life insurance (3) Purchase a new life insurance policy - Remember now 70 - ish (4) Convert the term policy (if convertible)- Remember now age 70 - ish We forgot about the quadruple by - pass surgery at age 65, which makes the «purchase of a new life insurance policy» out of the question (most Purchase a new life insurance policy - Remember now 70 - ish (4) Convert the term policy (if convertible)- Remember now age 70 - ish We forgot about the quadruple by - pass surgery at age 65, which makes the «purchase of a new life insurance policy» out of the question (most purchase of a new life insurance policy» out of the question (most likely).

Insurance Fact: Based on a study conducted by the Insurance Information Institute in 2003, 97 % percent of all term life insurance policies purchased were level term life iInsurance Fact: Based on a study conducted by the Insurance Information Institute in 2003, 97 % percent of all term life insurance policies purchased were level term life iInsurance Information Institute in 2003, 97 % percent of all term life insurance policies purchased were level term life iinsurance policies purchased were level term life insuranceinsurance.

Although whole life insurance does offer the benefit of being able to cash out the policy most people would make more money by purchasing the term life policy and investing the difference on their own.

There are many insurance and financial professionals who suggest that those who purchase a Term Life policy can make up for the investment component of a Permanent Life insurance policy by investing the cost savings between the two on their own.

According to a study performed on behalf of The Insurance Information Institute, 97 % of term life insurance policies purchased by Americans in 2003 were level term life iInsurance Information Institute, 97 % of term life insurance policies purchased by Americans in 2003 were level term life iinsurance policies purchased by Americans in 2003 were level term life insuranceinsurance.

I'm glad you said that the guaranteed universal life insurance policy is usually purchased by seniors because the term outlasts your life.

For one, you can reduce the cost of your life insurance premiums by purchasing policies with different lengths instead of getting one expensive 30 - year term life policy or a whole life policy.

If you anticipate needing coverage until retirement, but you believe that you will have saved plenty of assets by the time you retire to negate the need for continued life insurance coverage, you may want to purchase a policy with a term length which corresponds with your likely retirement age.

By purchasing a term life policy over a comparable amount of permanent life insurance coverage, you will be savings a great deal in premium.

By purchasing a convertible term policy when one is healthy, the ability to maintain life insurance coverage for the rest of one's life exists despite any changes in health.

By purchasing a convertible term life insurance policy when the insured person is young and healthy, even if they can not afford whole life insurance at that time, they give themselves the ability to convert at a later time when they have more money without having to worry about their health rating.

The savings is so pronounced that the amount of money saved by purchasing term life insurance instead of whole life insurance is almost equal to the policy's death benefit.

By purchasing a term life, whole life, universal life or variable life insurance policy, you will rest in peace knowing your family will be financially secure.

For instance, a 10 - year - term life insurance policy can be purchased by people under age 80.

Many people purchase a less expensive term or guaranteed universal policy and simply spend the money they saved by not purchasing whole life insurance.

If you have a term policy and choose to continue buying life insurance by renewing it, you will likely pay more in the long run that you would by purchasing a whole life policy.

Whole life policies are more expensive than term life, and are commonly purchased by individuals with large estates or those who simply want life insurance coverage for life.

Most people who purchase term life insurance do so with the expectation that by the time their policy expires, their house will be paid off and their children will be grown and independent.

Existing customers of Exide Life Insurance or Individuals looking to enhance their protection can do so by opting for a term rider at the time of policy renewal or while purchasing a new traditional policy respectively.