Sentences with phrase «flexible premiums refers»

Now, flexible premiums refers to the ability to modify your minimum payment when times are tough; it does not mean you can simply select what you want to pay.

Not exact matches

Therefore, these policies are sometimes referred to as flexible premium variable life insurance.

Universal life insurance, also referred to as «UL,» offers flexible premiums and a death benefit (money paid to the beneficiary after the insured's death).

Universal life insurance is sometimes referred to as a flexible premium life insurance policy because it allows you to determine the amount and frequency of premium payments, and to adjust the policy face amount up or down to reflect your changes in needs.

This policy is also referred to as universal life II or flexible premium life insurance.