Sentences with phrase «exam coverage built»

Not exact matches

There's no medical exam and the policy builds cash value, similar to their standard whole life policy, but there are only 3 levels of coverage:

Even before conversion, convertible insurance will be more expensive than a term insurance policy for the same amount of coverage because there is a built - in cost for the option of being able to make the conversion without a medical exam.

Another built - in feature of most term life policies is the right to convert your coverage to any permanent cash value policy that the company offers at current rates without having to take another medical exam.

Both types of policies require no medical exam, provide lifetime coverage and build cash value.