By comparing policies on an «apples to apples basis», the more
favorable policy provisions can easily be uncovered.
Not exact matches
As a final point, a specific
provision in several term insurance contract
policies which permit the insured person the right to make good the
policy at a further
favorable rate by means of providing an updated proof of insurability.
The guidelines that should be utilized when considering competing disability
policies include: compare the specific definitions of disability, carefully review
policy provisions and their costs, don't compare
policies on price alone, and determining if one company will provide a more
favorable occupational class.
Conversion
provisions within a term
policy can be an incredibly valuable tool for an individual who is in need of long - term insurance coverage but may not qualify for a
favorable health rating.
In addition, in today's «modern» life insurance
policies, often it's possible to get life insurance loan
provisions at more
favorable rates than «old»
policies.