Sentences with phrase «called ordinary whole life»

Level premium whole life insurance (sometimes called ordinary whole life, though this term is also sometimes used more broadly) provides lifetime death benefit coverage for a level premium.

Not exact matches

Permanent life insurance, also called whole or ordinary life, is the most common type of permanent policy.

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.

While ordinary life insurance policies, also called whole life, may be too expensive for many younger people, term life insurance offers people the ability to take care of their families for a very low, affordable monthly premium.

Permanent life insurance includes ordinary life, also called whole life insurance, and universal life insurance.

Permanent life insurance, also called whole or ordinary life, is the most common type of permanent policy.