Sentences with phrase «coverage at specified times»

Also, some policies contain guaranteed purchase options, which allow you to buy additional coverage at specified times, regardless of your health.

And, some policies contain guaranteed purchase options, which allow you to buy additional life insurance coverage at specified times, regardless of your health.

Not exact matches

With decreasing term insurance, you purchase a specified amount of life insurance at guaranteed level rate and the insurance coverage reduces over time.

Permanent life insurance offers more security, but can be very expensive, whereas term life, which is very affordable as compared to permanent, is only for a specified time, with the coverage ending at the end of the term.

Term life insurance provides coverage at a fixed rate for a specified period of time.

Term Life Insurance: Provides high insurance coverage at a low cost for a specified length of time.