Sentences with phrase «fixed life insurance amount»

Not exact matches

The premiums of a term life insurance policy remains fixed for the length of its term, after which it will increase by a pre-specified amount.

Interest Sensitive Whole LifeSM is a guaranteed fixed premium permanent life insurance policy with a Guaranteed Minimum Cash Value that increases each year and equals the Face Amount at age 100.

However, between the ages of 75 and 90, the amount of fixed term life insurance may decrease each year.

For example, while most term life insurance policies offer a fixed death benefit for the term length, Banner's term policy lets you combine terms and coverage amounts.

Interest Sensitive Whole Life Insurance — Interest sensitive whole life insurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of cash vaLife Insurance — Interest sensitive whole life insurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of caInsurance — Interest sensitive whole life insurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of cash valife insurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of cainsurance is a guaranteed fixed premium permanent life insurance product that offers a minimum amount of cash valife insurance product that offers a minimum amount of cainsurance product that offers a minimum amount of cash value.

Term life insurance will provide a person with coverage for a fixed amount of time, generally apportioned in five - year increments ranging from 5 to 30 years, in exchange for a fixed rate of payments.

Guaranteed Insurability: An insurance policy provision that allows the insured to buy additional fixed amounts of life insurance at fixed time intervals without evidence of insurability.

For certain individuals, it may be more prudent to purchase a term life insurance policy with lower premiums for a fixed amount of time and take the difference in savings between the two policies and invest in different types of stocks, bonds and mutual funds which may lead to higher returns and a more diversified portfolio.

An insurance company agrees to pay the injured individual a predetermined amount of cash for a fixed length of time or for the duration of the life of the claimant, depending on the terms of the settlement agreement.

Since indexed universal life insurance is a type of universal policy, the amount you need to pay each month isn't fixed.

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 polLife insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the pollife of the policy.

There is a decent amount of demand for safe long - dated debt from pension plans, life insurance companies, and other long - term fixed income investors.

A Whole Life Insurance policy provides you with a fixed amount of benefits and also a fixed amount of premium or payments that you have to make to the life insurance compLife Insurance policy provides you with a fixed amount of benefits and also a fixed amount of premium or payments that you have to make to the life insuranceInsurance policy provides you with a fixed amount of benefits and also a fixed amount of premium or payments that you have to make to the life insurance complife insuranceinsurance company.

In other words, the life insurance contracts have a fixed payout, regardless of the amount of people interested in buying the contract.

Whole Life Insurance provides a fixed benefit amount and a fixed premium amount.

The premiums of a term life insurance policy remains fixed for the length of its term, after which it will increase by a pre-specified amount.

Annuities: A fixed - income annuity is a contract with an insurance company that, in return for an up - front investment, guarantees3 to pay you (or you and your spouse) a set amount of income either for the rest of your life (and the life of a surviving spouse in the case of a joint and survivor annuity) or a set period of time.

(n) requiring that agents who hold a licence for life insurance carry errors and omissions insurance, furnish a fidelity bond or belong to a compensation fund, and fixing the amount, form, requirements and terms thereof;

Term life insurance awards a fixed amount of money at the death of the policyholder, and universal life insurance policies offer this as an option.

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 polLife insurance where the face amount of coverage and the premiums are fixed and do not change over the life of the pollife of the policy.

The face amount and premium (how much the life insurance costs) are fixed for the term.

All you do is save a fixed amount of money each month for a set length of time (a «term,» in life insurance language).

ADDvantage Term: Level term life insurance (meaning the face amount and premium remained fixed for the life of the policy), with term lengths of 10, 15, 20, and 30 year terms.

Various types of mortgage life insurance policies are available, but most offer some type of fixed, guaranteed rate Your actual rate is based upon a number of underwriting criteria including your age and health, the amount of insurance and any smoking as well as hobbies or hazardous sports or avocations.

Decreasing term life insurance provides coverage at a fixed price but the insurance amount decreases over life of the policy.

It offers a guaranteed amount of life insurance at a premium rate that is fixed for the entire level term period.

Combining term and permanent life insurance: For some, the combination of term and permanent life insurance can be a way to get the amount of coverage you need, lock into a fixed rate, and secure a policy that won't expire.

While people often look to term life insurance to fit their life insurance needs, term life insurance has the limitation of offering a fixed premium and coverage amount for a set period of time, usually 10 to 30 years.

Survival Benefit: - This is a fixed amount paid by a life insurance company at the end of a specified duration.

Added to a Whole Life or Universal Life policy, a term insurance rider can provide a fixed amount of term insurance for a specified period of time.

Whole life insurance policies have a fixed premium, meaning you need to pay the same amount each year.

Whole life insurance policies have a fixed premium, meaning you pay the same amount each and every year for your coverage.

Fixed annuity: A deferred annuity contract in which the life insurance company credits a fixed rate of return on premiums paid or an immediate annuity in which the periodic amount is fFixed annuity: A deferred annuity contract in which the life insurance company credits a fixed rate of return on premiums paid or an immediate annuity in which the periodic amount is ffixed rate of return on premiums paid or an immediate annuity in which the periodic amount is fixedfixed.

With most guaranteed life insurance, the unit price is always a fixed amount, such as $ 9.95 at Colonial Penn..

Guaranteed issue life insurance is unique in that the premium rate stays the same at a fixed «unit price,» but the coverage amount differs:

Decreasing Term Life Insurance — Decreasing term usually has a fixed cost with a declining insurance amount oInsurance — Decreasing term usually has a fixed cost with a declining insurance amount oinsurance amount over time.

Annual Renewable Term Life Insurance (ART)-- Annual renewable term policies provide a fixed amount of insurance with a rate that increases evInsurance (ART)-- Annual renewable term policies provide a fixed amount of insurance with a rate that increases evinsurance with a rate that increases every year.

Decreasing term life insurance policies allow people to purchase insurance over a set amount of time for a low and fixed monthly premium.

An indexed universal life insurance policy gives the policy holder the opportunity to allocate cash value amounts to either a fixed account or an equity index account.

Guaranteed Insurability: An insurance policy provision that allows the insured to buy additional fixed amounts of life insurance at fixed time intervals without evidence of insurability.

Once you hit retirement, you'll most likely be living off of a fixed income and the amount of coverage your term life insurance provides isn't needed.

Both the death benefit and the premium amount are typically guaranteed to remain fixed with a whole life insurance plan

Level term life insurance policies provide a fixed amount of coverage over a specific period of time.

Whole Life Insurance provides a fixed benefit amount and a fixed premium amount.

Term insurance, or protection only insurance, is the cheapest type of life insurance cover and guarantees a payment of a fixed amount should you die within a specified period or term.

You pay a fixed premium for a fixed amount of life insurance and both your premium and death benefits are guaranteed for your lifetime as long as premiums are paid on time.

Using this plan, the insurance carrier will calculate a fixed guaranteed amount of monthly income based on the death benefit amount, gender, and age for the life of the beneficiary.

Term Life Insurance is a type of life insurance which provides life insurance coverage for a fixed amount of time, usually with a fixed rate of paymLife Insurance is a type of life insurance which provides life insurance coverage for a fixed amount of time, usually with a fixed rate ofInsurance is a type of life insurance which provides life insurance coverage for a fixed amount of time, usually with a fixed rate of paymlife insurance which provides life insurance coverage for a fixed amount of time, usually with a fixed rate ofinsurance which provides life insurance coverage for a fixed amount of time, usually with a fixed rate of paymlife insurance coverage for a fixed amount of time, usually with a fixed rate ofinsurance coverage for a fixed amount of time, usually with a fixed rate of payment.

Another option would be a no medical exam term life insurance policy with a face amount of $ 250,000 on a 20 year fixed term for a little more than $ 26 a month.

An example of an insurance product being sold by some company is a type of variable life insurance policy that allows the insured person to claim the insurance amount coverage at a fixed time in the future in the event that the person does not die in the stipulated time.