The charity benefits by receiving the full
face value of the policy without taxes.
Not exact matches
The convertible insurance
policy provides the option to change the
face value of the
policy into a cash -
value policy offered by the insurer in case you reach 65 years
of age and are not financially secure enough to go
without insurance.
American National continues to rank very high as most affordable term life insurance providers and offers one
of the highest
policy face values without a medical exam in the industry.
An adjustable life
policy gives you the flexibility to adjust the
face value, premium, and length
of coverage
without having to completely change
policies.
Convertible Term Insurance allows the policyholder to change the
face value of the term
policy in force into a permanent form
of Life Insurance, such as Whole Life, Universal Life or Variable Life,
without any penalties or evidence
of insurability.