Sentences with phrase «confuse life insurance death benefits»

Do not confuse life insurance death benefits with accidental death benefits.

Not exact matches

For instance, for an American, there may be term insurance, permanent insurance, whole life, universal life, long term care insurance, accidental death, critical illness insurance, disability insurance, variable products, graded and modified, guaranteed premiums, living benefits, return of premium, policies for 5,10,20,30, or for life coverage — all very confusing to a potential customer.

This can be confusing to people who think that, by buying a variable life insurance policy, they will receive both the accrued cash value and the term component's death benefit when they die.

This can be confusing to shoppers who believe that, when they die in old age, they will receive the death benefit provided by the term life insurance policy and the accrued cash value.

No problem, graded death benefit policies can be a confusing, but simply knowing that it exists is often times the most important factor in determining if a guaranteed life insurance policy is going to be right for you.

I am planning to purchase HDFC life protect term insurance planfor 50 lakh but I have concern on one point in this policy which is very confusing for death benefit.

Not to be confused with traditional universal life insurance, guaranteed universal life insurance provides a fixed cost level cost and a guaranteed death benefit until the age of 90, 95, 100, 105, 1110, or even 121.

This can be confusing in that life insurance death benefits are not taxable to your beneficiary, but are taxable if paid to your estate.

Life insurance can be confusing with so many terms like «premiums», «beneficiaries», and «death benefits», but it doesn't have to be.

And as I mentioned, this isn't to be confused with guaranteed issue life insurance where there is no exam and there are no questions and almost always there is no death benefit for the first 2 - 3 years.