Sentences with phrase «for ordinary life insurance»

If you have been declined for ordinary life insurance and simplified issue life insurance, you may need to consider a guaranteed issue life insurance policy.

For ordinary life insurance, probably.

Because medical condition is not a factor, the premium rate per thousand dollars of coverage will be higher than it is for ordinary life insurance.

The Commissioners 1980 Standard Ordinary Mortality Table (CSO) is the current table used in calculating minimum nonforfeiture values and policy reserves for ordinary life insurance policies.

Anyone who has a pre-existing medical condition that makes it impossible to qualify for ordinary life insurance should consider a guaranteed issue policy.

Premiums for these policies are higher than for ordinary life insurance since the premium payments are squeezed into a shorter period.

Additionally, accidental insurance is never a substitute for ordinary life insurance coverage.

They ranked # 7 in the country for ordinary life insurance issued in 2011, according to A.M. Best.

For these folks diagnosed with a condition, like Type 1 diabetes or type 2 diabetes diagnosed at a young age, or some type of congenital heart defect, or one of a hundred other such pre-existing conditions, it may make more sense to lock into a whole life insurance policy when given the chance, rather than take the risk of never being able to qualify for ordinary life insurance again later on in life.

Guaranteed acceptance whole life insurance is used primarily to cover final expenses and burial costs for those who can not qualify for ordinary life insurance.

Not exact matches

Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.

In reality, a properly designed whole life policy, blended with term insurance and paid - up additions, carries a very low commission for the agent in comparison to ordinary life insurance.

Although monthly debit ordinary life insurance may seem affordable on the short - term, the higher lapse rates, smaller amounts, fees, and higher commissions make it an expensive option for most people.

Level Premium Whole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurLife Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurlife») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurlife of the policy (until the death of the insured).

Ordinary term or whole life insurance provides comprehensive coverage for any cause of death (other than suicide in the first two policy years) including accident or sickness.

Every ordinary life insurance policy (term, universal life and whole life) that is approved and issued today contains a «contestable clause» that is in effect for a full two year period from the policy date.

For an actual price comparison see, comparing the AICPA term life plan with individual ordinary term life insurance.

Ordinary life insurance: A life insurance policy that remains in force for the insured's lifetime, usually for a level premium.

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.

The most common type is called «straight life» or «ordinary life» insurance, for which you pay the same premiums for as long as you live.

Level premium whole life insurance (sometimes called ordinary whole life, though this term is also sometimes used more broadly) provides lifetime death benefit coverage for a level premium.

When you purchase a comprehensive auto insurance policy, you end up with coverage for a diverse array of circumstances that may seem a little out of the ordinary — like fires — but are a distinct possibility in daily life.

It seems that those whose job it is to write the tax code understand the importance of life insurance just as well as ordinary consumers, and those legislators have written a number of special considerations into the tax code for life insurance policies and life insurance proceeds.

ORDINARY LIFE INSURANCE - A life insurance policy that remains in force for the policyholder's lifetLIFE INSURANCE - A life insurance policy that remains in force for the policyholder's INSURANCE - A life insurance policy that remains in force for the policyholder's lifetlife insurance policy that remains in force for the policyholder's insurance policy that remains in force for the policyholder's lifetime.

Even if the money in the life insurance policy was held in stocks or other assets that qualify for the lower long - term capital gains tax rates, your distributions always count as ordinary income.

For example, with most ordinary life insurance policies, the policy owner and insured are the same person, and the beneficiary is usually a spouse or other family member.

A whole life insurance also known as «straight life» or «ordinary life» insurance, is not just an investment for your future alone, but also for the future of your family.

Dead peasant insurance is a slang term used to describe life insurance policies purchased by businesses on the lives of their ordinary employees for the express benefit of the company.

While ordinary life insurance policies, also called whole life, may be too expensive for many younger people, term life insurance offers people the ability to take care of their families for a very low, affordable monthly premium.

An indeterminate premium whole life policy is similar to ordinary whole life plan of insurance except that it provides for adjustable premiums.

Notably, the life insurance maturity age of 100 exists primarily because the mortality tables used for life insurance during most of the 20th century (the Commissioners» Standard Ordinary [CSO] tables of 1941, 1958, and 1980) were all based on a maximum «terminal» age of 100 (i.e., there literally were no life expectancy tables past age 100, as it was implicitly assumed «everyone» would be dead at that point!).

As we get healthier as a society and are living longer, and with new medical breakthroughs coming online daily, it's not out of the ordinary for people not to even consider life insurance over 50, or even in their 50s, 60 s, 70 s and in some cases as old as 80.

Once the policy period expires, the deposit and the interest that has accumulated on it can be used to pay for another policy period or to even get an ordinary life insurance policy.

Here are the sample whole life insurance quotes based on a preferred plus boy for ordinary whole life insurance to age 100 with an A rated insurance company or better.

Life Insurance is a financial product, which ensures that financial obligations undertaken by us in the discharge of ordinary business of life are met for our loved ones, with us or even in the adverse situation of our absence from this woLife Insurance is a financial product, which ensures that financial obligations undertaken by us in the discharge of ordinary business of life are met for our loved ones, with us or even in the adverse situation of our absence from this wolife are met for our loved ones, with us or even in the adverse situation of our absence from this world!

Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.

So rather than settle straight away for final expense or burial insurance, take a moment and find out what the underwriters are going to look at to determine if you can get ordinary whole or term life insurance while blind.

Ordinary life insurance is simply an alternate term used for whole life insurance or straight life insurance.

Making it nearly impossible for an ordinary person to really know which life insurance company will offer the best coverage in the most reasonable rate.

Few will actually realize that when applying for an ordinary whole life or term life insurance policy, the insurance underwriters are going to be very interested in the type of hemophilia that they have and will often underwrite their applications quite differently based on this information.

In the life insurance industry, for example, the Commissioners Standard Ordinary Mortality Tables (CSO Mortality) are predictive of death rates.

A person who applies for a life insurance policy with a death benefit higher than what the insurance company deems normal and ordinary may have to provide further documentation or explanation for the request.

The most recent mortality tables for life insurance (2001 CSO - Commissioners Standard Ordinary) would endow at the insured's age 121.

When the need is long - term but cash flow is currently insufficient to buy the needed coverage using higher premium ordinary whole life — Parents in younger families often have major long - term support obligations for their young children and spouses, have committed expenses that already strain the family's budget and, therefore, simply can not afford the premiums necessary to buy the amount of coverage they need to protect their families using ordinary whole life insurance.

It's important to be prepared for this, and American Amicable's Ordinary Whole Life Insurance helps you to do that.

That put you in a much better risk than ordinary people your age, comprehend that you will have to pay a lot for the satisfaction of getting cheap life insurance elderly protection.

According to Clark Howard, the savings potential for an ordinary savings account is typically much higher than the savings opportunity in a conventional permanent life insurance policy.

For financial obligations that will remain constant or increase over time, an ordinary term life insurance policy may be a better solution.