Sentences with phrase «face amount of coverage»

• What face amount of coverage do you feel that you may need?

Because of this more «basic» structure, term life insurance can be very affordable, even for large face amounts of coverage.

When determining the proper face amount of coverage on a final expense insurance policy, there are some considerations that are important to keep in mind so that you will know how much protection is enough.

For example, with the SAGE term life insurance products, those who are between the ages of 18 and 65, and who are purchasing face amounts of coverage of between $ 50,000 and $ 500,000, there is no requirement for a medical exam.

Premiums for the same face amount of coverage increase the older you become.

C. Younger persons may acquire substantial face amounts of coverage at relatively low immediate cost, perhaps more than their immediate needs, and thereby guarantee that they will have the necessary level of coverage when their needs and family obligations later increase, even if they are then uninsurable.

The company's Flex4Life whole life insurance plan offers higher face amounts of coverage, along with a choice of premium payment options.

For example, assuming a similar face amount of coverage at the same age, a 20 - year level term policy can be as much as double the cost of the10 - year guaranteed alternative.

The Farmers Graded Death Benefit Whole Life plan also offers guaranteed cash value and guaranteed level premium, with a lower face amount of coverage.

For example, the initial face amount of coverage of a $ 200,000 decreasing term life insurance policy decreases by $ 20,000 each year, until after 10 years the face value of the policy equals zero.

The face amount of the coverage can range between a minimum of $ 100,000 up to $ 30 million — depending on the age of the insured at the time of application.

It's usually worth shopping around and sometimes paying a slightly higher premium for a policy that allows you to reduce the face amount of coverage, if desired, as well as to convert all or a part to a permanent policy through at least age 65.

A type of Permanent Life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.

And the face amount of coverage can be changed (down at any time, up with evidence of continued insurability).

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.

The face amount of this coverage is not typically high, with proceeds usually ranging between $ 5,000 and $ 50,000 per policy.

In other words, the paid up value is always a percentage of the face amount of coverage.

When an insured defaults on his / her obligation to remit payment of a premium, and the policy lapses as a result, the policy may acquire a paid up value such that the face amount of coverage under the policy is reduced in proportion with the number and amount of premiums paid until the date of default.

The face amount of coverage on Senior Life's final expense plans ranges from $ 1,000 up to $ 50,000.

The face amount of coverage on many final expense life insurance plans will range between $ 5,000 and $ 25,000 — although there are some life insurance carriers that offer higher amounts of protection.

Typically, burial insurance policies or burial insurance for seniors offer a face amount of coverage that ranges between $ 5,000 and $ 100,000.

A type of Permanent Life insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the policy.

Also, the face amount of coverage on a final expense life insurance policy is typically lower than that of a traditional life insurance policy.

With this in mind, the face amount of coverage on most guaranteed issue plans is typically small.

Because the face amount of coverage on a final expense policy is quite low, this can also help with keeping the amount of the premium down in an affordable range.

The face amount of coverage on a burial insurance policy will typically run between $ 5,000 and $ 100,000 — although there are some life insurance companies that offers much higher amounts of protection.

These policies will typically have a face amount of coverage that is between $ 5,000 and $ 25,000 — so in many cases, an insured may also have additional funds in the policy that can be used for paying off other debts, uninsured medical expenses, and other ends of life costs.

Those applicants who are qualified include individuals who are between the ages of 18 and 60 who are purchasing a face amount of coverage of up to $ 1 million.

In addition, it is also important that the policies have an option to increase the face amount of coverage.

A second alternative is to keep your policy in force, but to reduce the face amount of coverage.

The children's whole life insurance policy is available to children who are between 15 days and 14 years old, and a face amount of coverage of between $ 10,000 and $ 1 million may be purchased.

The face amount of this coverage is not typically high, with proceeds usually ranging between $ 5,000 and $ 50,000 per policy.

The face amounts of coverage under this plan range from $ 50,000 up to $ 250,000 *.

It's usually worth shopping around and sometimes paying a slightly higher premium for a policy that allows you to reduce the face amount of coverage, if desired, as well as to convert all or a part to a permanent policy through at least age 65.

Also, the face amount of the coverage will often be low.

Also, both permanent and term policies, within limits, allow you to decrease the face amount of coverage without underwriting.

The cost of employer - provided group - term life insurance on the life of an employee's spouse or dependent, paid by the employer, is not taxable to the employee if the face amount of the coverage does not exceed $ 2,000.

The face amount of coverage on most of the life insurance policies that are offered by Americo Life Insurance Company can range between $ 25,000 and $ 400,000.

The face amount of the coverage can range between a minimum of $ 100,000 up to $ 30 million — depending on the age of the insured at the time of application.

A whole life policy is a bit more complex, because in addition to providing the face amount of coverage, the policy also builds cash value.

Because the face amount of coverage on a final expense insurance policy is usually in the range of $ 5,000 to $ 25,000, these policies are often low cost in terms of premium outlay.

If premiums are increased, some policies let you decrease the face amount of coverage so that you can continue to pay the original premium.

Dividends can be paid in cash, used to reduce your premium payments, left to accumulate at a specified rate of interest or used to purchase paid - up additional insurance which will increase your face amount of coverage.

In 1984 a new federal tax law required that for permanent insurance to enjoy preferred tax treatment it must provide coverage up to at least age 95, limit the amount of premium that may be paid in relation to the face amount of coverage and establish a minimum ratio between cash value and face amount of insurance.

The face amount of coverage can go up to $ 20,000, and the full death benefit will be paid out after the insured has had the policy for a period of at least three years.

The face amount of coverage on a whole life insurance policy will also usually stay the same over time.

And the face amount of coverage can be changed (down at any time, up with evidence of continued insurability).

Advantage No. 3: The policyowner may change the face amount of coverage or the term of coverage.