Farmers EssentialLife Simple Whole Life
features guaranteed level premiums payable to age 100 and guaranteed cash values.
Not exact matches
• Policy Conversion: This
feature applies to term only and allows you to convert your policy to a Universal policy at anytime during the period of the
guaranteed level premium, up to age 70.
It
features a fixed
level premium, fixed death benefit and a fixed,
guaranteed rate of cash value accumulation.
They offer
guaranteed level premiums which means that your
premiums will neither increase nor decrease and has a return of
premium feature which will return 100 % of eligible
premiums after 15, 20, or 30 - years.
Return of
Premium (ROP) term life insurance combines the advantages of traditional term life insurance such as affordable,
guaranteed level premium periods with a return of
premium feature.
Whole life insurance
features a permanent death benefit, rather than a limited - term death benefit, and a
level premium,
guaranteed never to rise.
Whole life insurance
features level premium payments and
guaranteed death benefits as well as
guaranteed cash values.
If he simply wanted to purchase John Hancock's traditional
level premium term product without adding the Vitality
feature, he would pay
guaranteed level premiums of $ 1,123 per year for 20 years.
Whole life insurance is a kind of permanent coverage and
features a fixed,
level premium and
guaranteed death benefit with a cash value that allows policyholders to save for retirement.
Whole life policies
feature a
guaranteed level death benefit for life, and a
guaranteed level premium for life.
Reason No. 1: Adjustable life is indicated whenever insureds need or desire greater flexibility over time in life insurance coverage, need or want
guaranteed protection, and prefer the forced savings
feature of ordinary
level premium whole life insurance.
The return of
premium term life insurance policies
feature fully
guaranteed level premiums for the first 15, 20 or 30 years.