Sentences with phrase «duration of your life insurance»

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.

The rates for term insurance stay the same for the entire duration of your life insurance, and are much lower than the rate you pay for a permanent life insurance policy.

Level term life insurance has level premiums and coverage throughout the duration of your life insurance policy.

Graded Premium Life is actually Graded Premium Whole Life Insurance coverage under which the initial premiums are less than normal for the first few years of the policy, then the premiums gradually increase each of the next several years, until they become level (or the same) for the duration of the life insurance policy.

Not exact matches

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optiLife expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optilife insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

If you do not have a life insurance policy, the intended parents provide a policy that covers you for the duration of the pregnancy.

Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.

The duration or term of a life insurance policy is equally important as the cover amount and premiums of the policy.

The primary differences between the two policies are the cost, the duration of coverage, and that whole life insurance includes a cash value component.

I was surprised by that last comment, but upon meeting with the management of our parent company that was selling us, along with the life insurance company that we managed, they told me that yes, I should lead the unit until the merger closed, but rely on the high yield manager in our group to advise me for the duration, which was going to be three months.

These are different from paid - up insurance, however, in that the life insurance is only in force for the duration of the term specified in the policy.

However, both term life and whole life insurance will have fixed premiums over the duration of the policy.

Other Universal Life plans can see costs rise throughout the duration of the policy because of possible changes in interest rates or costs of insurance, but a GUL policy will always be the same premium cost for each payment.

If you're just looking to cover your mortgage or until your child is old enough to be living on their own, you can choose term life insurance that lasts this amount of time, either until the child is old enough for independence or to cover the duration of your mortgage.

This can also be the perfect kind of temporary life insurance to cover a loan with a duration of five years or less, including and especially business loans.

According to Alexi Maravel, associate director at Cerulli, the way a particular insurance company is reacting to a likely interest rate hike depends on its business line: «Life insurance companies, which control the largest amount of insurance general account assets and have to match long - duration liabilities with long - duration assets, are making investment adjustments to their surplus assets, while, on the other end of the spectrum, we find health insurers are raising liquidity.»

An insurance company agrees to pay the injured individual a predetermined amount of cash for a fixed length of time or for the duration of the life of the claimant, depending on the terms of the settlement agreement.

In contrast, Term Life Insurance is designed to provide temporary coverage for a set duration of time, typically 10, 15, 20, 25, 30 or 35 years.

One of the primary advantages to limited pay life insurance is that you no longer have to pay into your policy once the contracted payment duration has been met.

With a term life insurance policy, you pay relatively low premiums for coverage as high as $ 500,000 to $ 1 million, and the policy remains in effect for the duration of the term, usually 10, 20, or 30 years.

In contrast, Term Life Insurance is designed to provide temporary coverage for a set duration of time, typically 10, 15, 20, 25, 30 or 35 years.

Just like any term life insurance policy, a 15 - year term life is locked in for the duration of 15 years.

Level term life insurance is coverage that has the premium and death benefit remain the same for the duration of the term.

Variable Life Insurance - life insurance whose face value and / or duration varies depending upon the value of underlying securitLife Insurance - life insurance whose face value and / or duration varies depending upon the value of underlying seInsurance - life insurance whose face value and / or duration varies depending upon the value of underlying securitlife insurance whose face value and / or duration varies depending upon the value of underlying seinsurance whose face value and / or duration varies depending upon the value of underlying securities.

It's generally more affordable than permanent life insurance, and the duration of coverage can be tailored according to the applicant's age and needs.

Protective Life Insurance sells «guaranteed level plans», which means premiums remain level for the duration of the term selected.

The Level Premium Term and Spouse Level Term option offers up to $ 2.5 million in life insurance coverage for the member and his or her spouse at a rate that will not change over the duration of the ten or twenty - year level period policy.

Guardian Life Insurance provides «Level Term Insurance» which means the premiums you pay remain stable for the duration of the term of the policy.

Buying term life insurance allows families to insure themselves for the duration of time that the insurance is needed.

The Pacific PRIME Term, the only available term life insurance option from Pacific Life, is just your basic term life insurance with a flat death benefit and level premiums, all specified for a temporary duration of your chooslife insurance option from Pacific Life, is just your basic term life insurance with a flat death benefit and level premiums, all specified for a temporary duration of your choosLife, is just your basic term life insurance with a flat death benefit and level premiums, all specified for a temporary duration of your chooslife insurance with a flat death benefit and level premiums, all specified for a temporary duration of your choosing.

This is an affordable level term life insurance policy that is valid for the duration of time you are looking for coverage.

The insurance company normally states the amount of income and the duration in which it will be paid out.No medical exam life insurance is exactly what it sounds like.

This is a completely underwritten whole life insurance policy with fixed level premiums that last throughout duration of the policy.

Term life insurance: Provides coverage for the duration of the term, usually between 1 and 30 years.

A form of term life insurance coverage that provides a return of some of the premiums paid during the policy term if the insured person outlives the duration of the term life insurance policy.

Return of premium life insurance returns the premiums you paid if you outlive the duration of the policy.

BrightLife ® Term is the name of their core term life insurance product, which varies quite a bit from many other companies in the duration availability alone.

Flexibility to convert term life insurance to permanent life insurance based on the duration of the policy:

In the competitive term life insurance market the premium range, for similar policies of the same duration, is quite small.

The best of all, prices are the same for the no exam life insurance from Banner as they are for their regularly underwritten term products which fall into the same duration and face amount.

There are many times when a person might need coverage to last as long they live, and a defined duration term won't meet the true nature of their insurance need.

Another factor when considering age is the duration of term or whole life insurance.

The overwhelming advantage of this life insurance rider is the security of a guaranteed income even with a fixed duration.

It combines elements of Traditional Life Insurance, Accidental Death and Dismemberment coverage, and Long - Term Care protection under one policy that offers guaranteed coverage over the duration of your tenure in the military.

An endowment life insurance plan is a kind of insurance policy where the premium is paid for the entire duration of the policy and when it matures, the policyholder receives a lump sum amount of money.

With a term life insurance policy, you pay relatively low premiums for coverage as high as $ 500,000 to $ 1 million, and the policy remains in effect for the duration of the term, usually 10, 20, or 30 years.

Survival Benefit: - This is a fixed amount paid by a life insurance company at the end of a specified duration.

Being a pure Term Insurance Plan, no benefit will be payable to the life insured on maturity of this LIC term plan if he or she survives the entire duration of the policy

So, the amount of cover needed is equal if not more than the case of life insurance and for the same duration.

You pay premiums to an insurance carrier for the duration of the contract, much like term life insurance.