Sentences with phrase «for any other type of life insurance because»

It really should only be purchased by people who do not qualify for any other type of life insurance because of their poor health.

Not exact matches

If you have any other kind of insurance policy through Farmers, they may be trying to sell you a life insurance policy — but just because they are right for another type of insurance doesn't mean they are always going to be your best choice.

The ease of approval and lack of underwriting makes guaranteed issue life insurance ideal for seniors who may be charged higher rates for other types of policies because of their age or health.

Variable Life Insurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie thInsurance is fraught with more risks for the policyholder than any other types of insurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie thinsurance with a buildup of cash value feature because both the cash value and the amount of the death benefit may fluctuate up or down depending on the performance of the investment funds selected by the policyholder to underlie the policy.

This is because, just like other products and services that you purchase, life insurance coverage can be priced quite differently from one insurance company to another — even for the very same type and amount of protection.

For young adults starting out in life or thinking about having a family, term life insurance is typically an ideal option because it can be more affordable than other types of life insurance.

Others simply wish to buy one because of their desire to have financial options for their children in the future but for those whose reason is for them to accumulate more in the future then choosing an interest - sensitive life insurance would be the perfect type of life insurance policy for them.

This is because, just like with most any other product or service that you may buy, the price that is charged for life insurance coverage can often differ — sometimes quite substantially — from one insurance carrier to another, even for the same type and amount of policy.

Term insurance is less expensive than permanent insurance because it does not build cash value, and the mortality rate for term insurance policyholders is much lower than other types of life insurance.

One reason for this is because the face amount of these particular policies is usually less than many other types of life insurance.

We usually like to steer people away from simplified issue life insurance or other policy types where you don't need an exam to get covered, because you're paying for that convenience — literally — in the form of much higher monthly premiums.

It allows you to buy more insurance than you might otherwise be able to afford right away because premiums are lower than for other types of whole life coverage.

There is no one right answer for the average cost of a life insurance policy, because the prices for life insurance may vary based on your age, gender, insurance company, type of life insurance, amount of coverage, and several other factors used to determine your rate for life insurance.

, you definitely going to want to consider a guaranteed issue life insurance policy because, you're simply not going to be eligible for any other «Type» of coverage right now.

Because a term life policy is only in force for a specific amount of time it is less expensive than some other life insurance types.

This advice is based on the idea that term life insurance is the best choice for most individuals because it is the least expensive type of life insurance and leaves money free for other investments.

This is an important distinction because many people are asked to pay a higher premium or are declined entirely for other types of life insurance due to their occupations or activities.

Guaranteed universal life insurance policies are a common choice for estate attorneys, bankers, and financial planners because they are less expensive than other types of «permanent» life insurance, and most companies will offer at least $ 5,000,000 of coverage.

In many cases, those who are applying for a no medical exam life insurance policy may have health conditions that deem them as being more of a risk to the insurance company — and because of that, these types of policies will often be costlier in terms of premium than a medically underwritten policy, with all other factors being equal.

Keep in mind that changing the beneficiary of a final expense policy is more complicated than for other types of life insurance, because the policy pays out to the company which will handle your final needs.

Life insurance is a better tool for providing benefits to family members after a death than many types of savings and investments because, unlike those other assets, the benefits are tax - free and creditor - protected and cost only pennies on the dollar.