Sentences with phrase «certain types of life insurance policies»

If you are 65 years or older, you may still be able to buy certain types of life insurance policies.

AG 38 is a document of guidelines drafted by the NAIC in 2013 that addresses whether or not insurers have adequate reserves for certain types of life insurance policies (specifically — universal life insurance policies that offer secondary death benefits to policyholders).

To buy certain types of life insurance policies, applicants must take a medical exam that includes:

Beginning in the early 80s, certain types of life insurance policies called single - premium policies came into fashion after an overhaul of the tax code in 1986 eliminated many tax shelters that were in vogue at the time.

Oftentimes the accelerated death benefit is automatically included on certain types of life insurance policies for free or for just a small amount of additional premium payment.

To buy certain types of life insurance policies, applicants must take a medical exam that includes:

Certain types of life insurance policies, including variable life, cash value life insurance and whole life insurance, combine life insurance with a tax - deferred investment account, and provide tax - free access to the cash value of the policy.

An accidental death life insurance policy is a certain type of life insurance policy that is also no questions asked and no medical exam required.

Not exact matches

For certain types of permanent life insurance policies, namely policies that pay dividends, the additional tax benefit of «tax free dividends» is available.

For certain individuals, it may be more prudent to purchase a term life insurance policy with lower premiums for a fixed amount of time and take the difference in savings between the two policies and invest in different types of stocks, bonds and mutual funds which may lead to higher returns and a more diversified portfolio.

This type of rider allows you, under certain circumstances, to receive the proceeds of your life insurance policy before you die.

But here's the good news: Despite the seeming complexity, there are major similarities between certain types of life insurance contracts: term insurance typically works the same from company to company, and so do different types of permanent or cash value policies.

Life insurance is subject to exclusions and limitations and terms for keeping it in force, Certain types of policies, features and benefits may not be available in all jurisdictions or may be different.

(With certain types of life insurance, however, it may be possible to receive a refund for premiums paid or to take withdrawals from the policy.)

There are certain benefits of level term life insurance that may attract many consumers to this type of policy.

Also, this type of policy is less expensive than guaranteed life insurance and is a more practical solution for those who may have certain medical conditions that would not deny them standard life insurance.

Now there are products known as «guaranteed issue» life insurance products that won't ask any medical questions or require a medical exam, however, these types of life insurance products will not cover «natural» causes of death for a certain period of time (typically 2 - 3 years) once the policy goes into force.

«With certain types of permanent life insurance, clients can contribute additional premiums over and above the minimum to enjoy tax free build - up of cash value inside the policy,» he offers.

As you can see, there is a quite a bit of variation when insurance companies have age cut - off points where certain types of term life insurance policies will no longer be sold after you reach a designated age.

Certain types of life insurance may require you have perfect health at the policy's issuance to ensure you're not trying to cash in on your imminent sickness or death.

This type of rider allows you, under certain circumstances, to receive the proceeds of your life insurance policy before you die.

This is a type of life insurance that covers you for a certain period, for instance, 30 years, and if you survive the term of the policy, the insurance provider returns the paid premiums.

The answer depends on the type of life insurance you're shopping for, but one thing's for certain — no matter what your age today, it's better to buy a life insurance policy now rather than waiting a year.

These types of policies can be helpful for those who may have certain adverse health conditions and may not otherwise qualify for a traditional, medically underwritten life insurance policy.

Certain types of life insurance also offer the ability to take a loan against the policy.

The only problem with these types of life insurance policies is that they will also contain a «graded death benefit» which will state that the insured must stay alive for a certain amount of time (typically 2 - 3 years) prior to their policy covering «natural» causes of death.

This type of life insurance provides some guarantees but also comes with certain risks that you should be aware of before investing in the policy.

Some types life insurance policies expire after a certain period of time, while others don't.

Regardless of the type of life insurance you buy, most policies require you to meet certain guidelines regarding your lifestyle and medical history.

These include the setting up of a Special Needs Trust, as a Business Policy, For Extremely Wealthy Americans, and for those Not Able to qualify for level term policies, certain final expense policies are in fact a type of whole life insurance.

Although not a life insurance salesman, I will comment from the perspective of a policyholder attorney — these types of policies may be appropriate and appealing to a certain market share who is willing to accept risk, but they may not be right for everyone.

If you purchase certain types of policies, life insurance can also be more affordable they you might imagine, too.

Certain types of term life insurance policies have renewability or convertibility features that allow you to either renew your policy for a specified term without having to undergo another medical exam or convert your term policy to a permanent or cash - value policy.

Life insurance is subject to exclusions and limitations and terms for keeping it in force, Certain types of policies, features and benefits may not be available in all jurisdictions or may be different.

Permanent life insurance has cash value upon surrender, offers savings you can use when accumulated, or even dividends for certain types of policies.

We know which providers are more apt to underwrite applicants with certain types of high risk health conditions — and, we can also offer you permanent life insurance policies without having to take a medical exam at all.

Certain types of whole life insurance policies can provide unique estate planning benefits, such as the ability to add an «accelerated death benefit» or long - term care rider.

Because many of the benefits of variable life insurance are wholly dependent on your ability to invest successfully, you should be absolutely certain that you understand all implications before purchasing this type of policy.

There are many types of life insurance policies available to you in the marketplace, and each company you research will specialize in certain kinds.

For certain types of permanent life insurance policies, namely policies that pay dividends, the additional tax benefit of «tax free dividends» is available.

Despite the lack of growth of any money invested in an ROP policy, this form of life insurance may still benefit certain types of individuals in some ways.

But here's the good news: Despite the seeming complexity, there are major similarities between certain types of life insurance contracts: term insurance typically works the same from company to company, and so do different types of permanent or cash value policies.

If you pick this type of life insurance policy, you are agreeing to pay a certain amount in premiums on a regular basis for a specific death benefit.

Seniors have unique needs when it comes to life insurance, and may find it difficult to purchase certain types of policies due to their age, health condition and other factors.

Guaranteed universal life insurance is a type of permanent life insurance policy that covers you up to a certain age, but doesn't build cash value the way a whole life insurance policy would.

Term insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified «term»...

This type of immediate annuity pays the annuitant for a designated number of years (i.e., a period certain) and is used to fund a need that will end when the period is up (for example, it might be used to fund the premiums for a term life insurance policy).

Term insurance is a type of life insurance policy that provides coverage for a certain period of time, or a specified «term» of years.

All life insurance policies have certain information that is in common, regardless of the type of life insurance policy you buy.

This is a more flexible life insurance policy plan that allows you to get the type of coverage you need for a certain amount of time.