Sentences with phrase «death benefit protection so»

Guaranteed death benefit protection so that your beneficiary receives a lump sum payout when you die.

Not exact matches

However, death benefits are limited to less than $ 50,000, so you would need to look elsewhere if your family needs additional financial protection.

During this time they provide you with free accidental death benefit so that you still have some protection in place.

A properly designed whole life insurance policy will allow the death benefit to grow concurrently with the cash value, so that protection of the family business AND estate is always maintained.

So, if a policyholder had purchased a Colony Term universal life 10 policy, and then they decided five years after purchasing it that they wanted to have coverage for the remainder of their lifetime, then the coverage extension feature would have allowed the insured to extend the death benefit protection guarantee to either age 90, age 100, or 105 — and, this could occur without the need for the insured to provide evidence of insurability.

Again, you're only getting the protection of a death benefit, so there's not a lot of fine print.

Variable annuities are insurance products, so they provide many important features such as death benefit protection, lifetime income, and optional living benefits.

This product is so amazing because most no medical exam policies only provide a death benefit protection but this one provides life insurance with living benefits.

This is a form of permanent life insurance protection, so in addition to death benefit coverage, there is also a cash value component in these policies.

A properly designed whole life insurance policy will allow the death benefit to grow concurrently with the cash value, so that protection of the family business AND estate is always maintained.

During this time we think it's important that you still have some protection so we provide you with free accidental death benefit whilst we process your application.

For example, will you go with term life and obtain pure death benefit protection, or will permanent coverage be better so that you can have death benefit coverage along with a cash value build up?

I like UL with lapse protection too and I often recommend a combination of UL and term, sometimes layering in several term policies so as to decrease the death benefit over time.

Where clients have the need for death benefit protection, FIUL products may be appropriate for current economic conditions because they offer features and flexibility, so policies can be designed to meet a variety of consumer needs.