Should an insured discover that he or she has a terminal illness, however, switching to a «permanent» policy will lock in
the current policy face value.
Not exact matches
If you have a temporary need for additional life insurance above the
current face value of your existing
policy and want an affordable way to have coverage, considering a term rider might be a solution for you.
As of the year ending Jun 2012 (FY 12, from here on), TLI holds 109
policies with a $ 165.6 mio
face value & a
current $ 65.4 mio valuation.
It has no net debt, and owns 106
policies with an estimated
current valuation of $ 64.0 mio, 39.4 % of their $ 162.3 mio
face value.
If the
policy has a Death Benefit, the contract could be worth much more to your heirs than its
current face value.
As your child grows into an adult, this rider allows you to buy additional life insurance above the
face value of the
current policy (on specific dates and in certain increments) regardless of his / her health status at the time.
A life settlement is the sale of an existing life insurance
policy to an institutional investor at a price higher than the
current cash surrender
value, but lower than the
face amount of the
policy.
If you have a temporary need for additional life insurance above the
current face value of your existing
policy and want an affordable way to have coverage, considering a term rider might be a solution for you.
If you have a temporary need for additional life insurance above the
current face value of your existing
policy and want an affordable way to have coverage, considering a term life insurance rider might be an excellent solution for you.
I need to discuss this
policy and
current face value and how to receive payout.