Sentences with phrase «certain types of term life insurance»

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.

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.

Not exact matches

Because certain types of life insurance, such as term insurance, are very affordable, we always think you should apply the «better safe than sorry» adage.

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.

Term insurance plans are type of life insurance which offers risk coverage of life for a certain number of years or a specific period of...

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.

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

Term life insurance is for a certain period of time and is the type of coverage that most people need.

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.

These types of term life insurance products must be converted within a certain time frame, so if you're thinking that you may want to change from term to whole or permanent, ask your agent when you apply first.

The idea behind this form of term life insurance is that a person over time will not need the high levels of benefits later in their life and certain types of liabilities will no longer exist.

Term life insurance is the most affordable type of life insurance and is purchased for certain time periods.

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.

This means that the same applicant for coverage may apply for term life insurance at one life insurance company and obtain a certain premium rate, and he or she could apply for the same amount and type of coverage at a different insurance carrier and obtain a drastically different premium rate.

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.

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.

For example, even the top life insurance companies have cut off periods for certain ages, after which specific types of term life insurance are no longer available.

There are certain die hard advocates of term life insurance that feel there is no other type of insurance to buy.

Life insurance rates vary significantly between companies and depending on your current age, health, risk profile, term period, and death benefit amount, certain types of life insurance might be more affordaLife insurance rates vary significantly between companies and depending on your current age, health, risk profile, term period, and death benefit amount, certain types of life insurance might be more affordalife insurance might be more affordable.

In simple terms, it is an insurance type that provides life coverage for the insured for a certain period of time.

This type of life insurance is usually offered for certain time periods — or terms — such as 10 years, 15 years, 20 years, 25 years, or even 30 years.

Term insurance, a type of life insurance, provides coverage for a certain period of time or years.

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.

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

Because certain types of life insurance, such as term insurance, are very affordable, we always think you should apply the «better safe than sorry» adage.

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

Executive Director, Life Insurance Corporation of India Term life insurance has certain advantages and also some limitations when compared to other types of life insuraLife Insurance Corporation of India Term life insurance has certain advantages and also some limitations when compared to other types of life iInsurance Corporation of India Term life insurance has certain advantages and also some limitations when compared to other types of life insuralife insurance has certain advantages and also some limitations when compared to other types of life iinsurance has certain advantages and also some limitations when compared to other types of life insuralife insuranceinsurance.

The term «vanishing premiums» is applied to certain types of whole life insurance policy.