Sentences with phrase «depends on the type of life insurance»

Depending on the type of life insurance policy, you may also be required to take a physical exam, which could include a drug test.

Your premium may increase: Depending on the type of life insurance policy that you buy, don't be surprised if your insurer increases your premium.

Depending on the type of life insurance policy you're applying for, you should be prepared to answer several questions regarding your past and current health, occupation and lifestyle.

Many people forget about life insurance when calculating their assets, but depending on the type of life insurance and the value of the policy, it can count as an asset.

If you have paid premium for more than three consecutive years, then a surrender value could be payable to you — depending on the type of life insurance policy.

In addition, the suicide exclusion may depend on the type of life insurance policy, how long the life insurance has been in effect, and what riders are on the life insurance policy that may add or remove coverage.

The tax - preferential treatment provided to life insurance allows an individual to have greater flexibility over which dollars to use during retirement, and depending on the type of life insurance, it can also provide a non-correlated asset to the portfolio providing additional diversification.»

Depending on the type of life insurance that you have - yours may be either portable or convertible.

The answer depends on the type of life insurance you're shopping for, but one thing's for certain — no matter what your age today, it's better to buy a life insurance policy now rather than waiting a year.

Depending on the types of life insurance you buy, even without an exam, you may still have to provide some information about your medical condition.

Depending on the type of life insurance policy you have, you may also be able to use the plan as a financial vehicle to build up tax deferred savings.

Again, it depends on the type of life insurance policy.

The age at which life insurance premiums increase, IF they increase, depends on the type of life insurance policy you own.

The annual price you pay for coverage depends on the type of life insurance policy and the amount of coverage provided by your policy.

Depending on the type of life insurance you purchase, you may build up cash value inside your policy from which you can take a loan in the future, if needed.

It very much depends on the type of life insurance and the terms of the specific policy.

It depends on the type of life insurance you want, often it is better to but Term Life insurance rather than Whole life insurance.

Depending on the type of life insurance policy, if a premium is due there is a grace period while payment can still be made to keep the policy in force.

The financial impact of your riskiness will depend on the type of life insurance policy you are applying for.

Not exact matches

In later life stages, permanent life insurance may offer, depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse needs.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

Composing such a list and knowing which companies are the so called «best» will vary depending on the type of permanent life insurance needed.

This is a greatly simplified example: The numbers will vary significantly depending on the life insurance company, the type of policy you purchase and, in some cases, current interest rates.

The cost and availability of the type of life insurance that is appropriate for you depend on factors such as age, health, and the type and amount of insurance purchased.

The details vary depending on the type of policy you have and each individual life insurance company.

Somewhere between term life and whole life is Universal Life Insurance, which provides similar benefits of both term policies and whole life policies, depending on the type of universal life policy you cholife and whole life is Universal Life Insurance, which provides similar benefits of both term policies and whole life policies, depending on the type of universal life policy you cholife is Universal Life Insurance, which provides similar benefits of both term policies and whole life policies, depending on the type of universal life policy you choLife Insurance, which provides similar benefits of both term policies and whole life policies, depending on the type of universal life policy you cholife policies, depending on the type of universal life policy you cholife policy you choose.

Now, the amount and type of life insurance you need depends on your situation and your objectives.

Depending on the type of permanent life insurance, you can change your premium payment and death benefit.

Whether or not we define life insurance as an asset will depend on what type of policy we are referring to.

According to the nonprofit Insurance Information Institute (III), insurers offer several types of home insurance deductibles, depending on where you live and risks posed by severe weather, floods and earInsurance Information Institute (III), insurers offer several types of home insurance deductibles, depending on where you live and risks posed by severe weather, floods and earinsurance deductibles, depending on where you live and risks posed by severe weather, floods and earthquakes.

Remember that the cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased.

For example, flood insurance and earthquake insurance are both separate types of policies, which may be desirable depending on where you live.

In the initial years, the life insurance company deducts lot of charges from premium amount, and then it invests the remaining amount in various financial securities (depending on the type of fund you choose).

If you are a cancer survivor, depending on the type of cancer and treatment outcome, you may be able to obtain life insurance coverage.

The amount, type of insurance and the duration of your life insurance policy will depend on your family situation, your financial goals and your health.

Depending on your unique situation, this article provides options to make sure that you become matched with the type of life insurance that meets your needs, whether that's term life insurance, whole life insurance or a combination of policies.

The process flow for getting life insurance is largely the same no matter what type of policy you get, but the exact time frame each step takes depends on a number of factors.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).

If you're between the ages of 18 and 64, and a resident of Canada, you are eligible to apply for coverage of your mortgage balance (100 % or 50 % partial coverage, depending on the type of coverage for which you apply), up to a maximum of $ 500,000 for Life and $ 4,000 in monthly mortgage payments for Disability Insurance.

The amount and type of life insurance you need depends on how much risk you are willing to take and the needs of the people whom you wish to protect.

The different types of life insurance can be divided into term and permanent, depending on how long they are in effect.

Other types of permanent life insurance can lose value over time depending on the wider market.

Depending on the cash value amount and the type of life insurance involved, policyholders can:

It's impossible to say which type of life insurance is better because the kind of coverage that's right for you depends on your unique circumstances and financial goals.

The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance.

In this case, depending on the type of permanent life insurance that you choose, you could have your premium and your death benefit amount locked in for the remainder of your lifetime (provided that the premium is regularly paid).

In other words, purchase two different types of insurance (some term life and some lifetime guaranteed coverage) depending on what your real needs are.

The type and the amount of life insurance that is available to an applicant who is over the age of 50 may also depend in large part on the insurance company that you are purchasing the coverage through.

They use insurance scores, and, depending on your state, also consider your driving record, type of vehicle, where you live, your gender, your age and other factors.

Depending on your needs, financial situation, age, budget constraints and other factors, the type of life insurance policy you need may vary.