Sentences with phrase «fully convertible term life»
It is a fully convertible term life policy.
https://www.lifeinsuranceblog.net/ Not exact matches
To fully understand annuities, the first important aspect to note is that, just like other insurance products, regardless whether we're talking about convertible term life insurance, whole life insurance, universal life insurance, etc., annuities are a contract between the policy owner and the insurance company.
Also, these term policies are fully convertible to a permanent life insurance policy — up to the end of the level premium period (or the insured's age 70, whichever occurs first).
To fully understand annuities, the first important aspect to note is that, just like other insurance products, regardless whether we're talking about convertible term life insurance, whole life insurance, universal life insurance, etc., annuities are a contract between the policy owner and the insurance company.