Sentences with phrase «contracting of an adverse health condition»

Typically, the amount of the premium that you are charged for this type of coverage will be guaranteed not to increase over time — even in light of increasing age and / or the contracting of an adverse health condition.

Not exact matches

Converting a term policy over into a permanent form of coverage can allow an insured to obtain life insurance protection for life — regardless of future age increases and the possibility of contracting an adverse health condition.

The amount of this death benefit can not decrease, nor can the amount of the premium increase — even in the event that the insured contracts an adverse health condition in the future.

Because this coverage is whole life, once an individual has been approved, the amount of coverage can not go down, and the premium can not be raised — even as the insured advances in age, or if they contract an adverse health condition.

This is the case, regardless of the insured's increasing age over time, and regardless of whether the insured contracts an adverse health condition.

Because this is a whole life insurance policy, the amount of the premium that is due is also locked in, not to increase — even as the insured gets older, and / or whether or not they contract an adverse health condition.

Also, the amount of the premium will be locked in for the life of the policy — so, there is no need to worry about increasing rates in the future, even as the insured ages, or if they contract an adverse health condition.

In most cases, the premium will remain the same with permanent life insurance — even as the insured gets older, and regardless of whether he or she contracts an adverse health condition.

In addition, the amount of the premium payment is typically guaranteed — regardless of the increasing age of the insured, and / or whether the insured contracts any type of adverse health condition in the future.

With a whole life insurance policy, the amount of the premium is also locked in and can not increase, even if the insured contracts an adverse health condition.

With a whole life insurance policy, the coverage is intended to remain in force for the remainder of the insured's entire lifetime — provided that the premium is paid — regardless of the insured's increasing age, and whether they contract an adverse health condition.

For example, if a person is currently healthy, but various medical conditions run in their family history, then the individual may purchase a life insurance policy so that it is already in place prior to the possibility of contracting adverse health that may render him or her uninsurable in the future.

This is the case, regardless of the insured's increasing age, and even if the insured contracts an adverse health condition in the future.

In addition, the amount of the premium with whole life insurance will remain the same — regardless of whether the insured contracts an adverse health condition in the future.

As its name implies, permanent life insurance is designed to protect an insured for the remainder of his or her life — and, in most cases, the premium will not increase due to advancing age, or even if the individual contracts an adverse health condition, once they are insured.

This is the case regardless of his or her increasing age, and whether he or she contracts an adverse health condition.

Typically, once an insured has been approved for coverage, the amount of the death benefit protection is locked in, as is the premium amount — which means that the premium that is charged will not go up, even as the insured's age increases, and if he or she contracts an adverse health condition.

And, should you have contracted any type of adverse health condition, it could be that you are also uninsurable and will not be able to continue having life insurance coverage at all.

The amount of premium on whole life insurance protection is typically locked in for the life of the policy and guaranteed not to increase, even as the insured ages and regardless of if he or she contracts an adverse health condition in the future.

Using permanent life insurance will also help to ensure that the insured will not need to re-qualify for coverage and that they remain protected — regardless of their increasing age over time, and regardless of whether they contract an adverse health condition.

Therefore, this makes it extremely easy to budget for, knowing that the policy's premium will not go up — regardless of the insured's increasing age, and regardless of whether he or she contracts an adverse health condition.

And in many cases, the amount of the premium that is due is locked in and can not be increased — regardless of the insured's increasing age, and even if he or she contracts an adverse health condition.