Sentences with phrase «get higher death benefit»

You're most likely to get a higher death benefit or lower premiums, or possibly both.

You can get a higher death benefit at a lower premium rate, as well as a policy that has an expiration date.

You're likely to get higher death benefit options or lower premiums, or both.

While it may be expensive, you'll get a higher death benefit and better terms than if you purchased a guaranteed issue life insurance policy.

As far as advantages to replacing an insurance policy, he said people may be able to get a higher death benefit, a lower cash premium or just a policy change that is better suited toward that person or family's situation.

Policies that build cash value have their place, but if the main objective is to get the highest death benefit for the lowest possible cost then typically a universal life, or guaranteed universal life is the way to go.

Not exact matches

The idea is that a person may need a higher death benefit earlier in life (as they're paying off their home, raising children, etc.) than they do as they get older.

Creating a high cash value life insurance policy gives you the benefit of a policy that grows cash value quickly, that will also grow your death benefit as you get older.

The death benefits a customer can get may be as low as $ 100,000 and as high as $ 3 million.

That means we can help them get a policy that pays its full death benefit from day one, and they will pay a monthly premium that is no higher than what a marathon runner would pay.

Due to the flexibility of variable life, however, this type of policy can allow policy holders to obtain a much higher rate of return on invested funds, while at the same time getting the protection of a guaranteed amount of death benefit coverage.

On death of the policyholder, the nominee gets the death benefit which is higher of the Sum Assured / 10 times Annual Premium / 105 % of total premiums paid

The death benefit should be so high as to cover living expenses such as a mortgage, your kids» college tuition, and provide a favorable financial cushion, and you can get all that covered for the cost of about six lattes a month.

In case of death of the policyholder, the nominee gets higher of the basic SA or 10 / 7 times the annual premium or 105 % of all premiums paid as death benefit.

Again, even though you could get a comparable product through Aetna and your job, you'll get access to a wider range of policy benefits, high death benefits, and still pay less on average.

Accelerated death benefit rider allows you to get up to 50 % or higher of your death benefit up front if you have a terminal illness with 12 months or less of live expectancy.

Their graded death benefit policy is insanely popular for people with high risk medical conditions, but you can't get it in WA.

Of course, if you die and the policy pays out, then it is the death benefit that gets paid, which will always be higher than the CSV.

Typically, life insurance policies that are used to supplement retirement benefits provide you with a low death benefit relative to the cash value and premium payments, but offer you a higher cash value than you would otherwise get with a straight whole life or a traditional universal life policy.

By comparing the coverage options carefully you will be able to get the highest possible death benefit for the lowest possible price.

A person who has developed complications from ulcerative colitis or takes medications (like steroids, ASA agents or antibiotics) for it may still qualify for coverage, but they may not get the death benefit amount they want, and their rates will likely be higher.

I cut her premiums out all together and got her a 120 % higher death benefit guaranteed for life, never to make another premium payment.

Used to preach, buy term, invest the difference... But a permanent death benefit, cash values, tax free loans, tax free lump sum payment to beneficiary, privacy of beneficiary info, very difficult for others to get at your cash value, ability to fund very high amounts with tax benefits, cheaper while you are younger / healthy, paid up additions, Potential less premium with IUL and index gains potential, or Whole Life and pay more for insurance, but higher dividends...

I got this because it is funded by two small pensions and begins with high initial death benefit while avoiding term insurance expenditure, and is not intended to use for banking, but using the ALIR annual $ 2k cash addition to get the poilicy up to self sufficiency several years early becasue my pensions funding it would stop on my death.

The premiums for permanent life insurance can vary quite widely from company to company and shopping around is the best way to get the highest possible death benefit at the lowest possible price.

You can get a much higher death benefit with Universal life than Whole life.

In case of an unfortunate event of demise, your nominee will get the death benefit which is the higher of the sum assured or the fund value at that time.

Because whole life insurance policies are complicated and the premiums are high for the amount of death benefit you get, whole life insurance is only the best option for seniors in a few situations, such as when you want to minimize estate taxes for your heirs, or if you want to leave a specific amount of money to someone or a charity no matter how old you are when you die.

Companies usually have «life insurance rate bands» and there are discounts as the death benefits get higher.

In case of an unfortunate event of the life insured's demise, the nominee will gets death benefit, which is the higher of the sum assured or the fund value at that time.

Since the insurance company is taking on more risk by insuring higher risk individuals, the maximum amount of death benefit you can get is substantially lower.

The beneficiary, in the event of the death of the insured person, will get death benefit, which is the higher of the sum assured or fund value in the investment account or 105 % of the total premiums paid till date.

However, you can usually get a policy with a death benefit value as low as $ 5,000 (best for basic funeral expenses) and as high as $ 50,000.

Today, mortality rates have actually dropped, meaning that it could be possible to get a higher amount of death benefit for the same — or even lower — premium cost on a new policy.

The «good» news of surrendering PUAs is that because that portion of the coverage is already paid up, its cash value tends to be high relative to the death benefit, which means the policyowner can give up less death benefit to get much more cash value out (at least compared to a partial surrender of the underlying policy itself).

For example, if you have high blood pressure or high cholesterol, you likely will get standard coverage, eligible for full death benefit disbursement the day after you pay your first premium.

The idea is that a person may need a higher death benefit earlier in life (as they're paying off their home, raising children, etc.) than they do as they get older.

The nominee gets the Sum Assured (SA) on death of the policyholder which is higher than 10 times the annual premium or 105 % of all premiums paid till death under the Lump sum Benefit option.

Death Benefits: On death, the nominees get the higher of, the basic sum assured or 10 times the annual premiums and vested bonuses subject to a minimum of 105 % of all premiums are paidDeath Benefits: On death, the nominees get the higher of, the basic sum assured or 10 times the annual premiums and vested bonuses subject to a minimum of 105 % of all premiums are paiddeath, the nominees get the higher of, the basic sum assured or 10 times the annual premiums and vested bonuses subject to a minimum of 105 % of all premiums are paid out.

Death Benefits: On death, the nominees get higher of the basic sum assured or 10 x annualized premium or 105 % of the total premiumsDeath Benefits: On death, the nominees get higher of the basic sum assured or 10 x annualized premium or 105 % of the total premiumsdeath, the nominees get higher of the basic sum assured or 10 x annualized premium or 105 % of the total premiums paid

For example, you'd have a hard time getting a non-medical policy offering much higher than a $ 400,000 death benefit.

Creating a high cash value life insurance policy gives you the benefit of a policy that grows cash value quickly, that will also grow your death benefit as you get older.

This makes it easy to compare life insurance policies, determine the true costs of coverage and get the highest possible death benefit for the lowest possible monthly premium.

Insurance agents help shoppers by comparing various policies and coverage levels to get the highest possible death benefit for the lowest possible cost.

Posted in customer service, death benefit, Independent agent, insurance, life insurance, life insurance claim, life insurance claim process Tagged agent delivered the check, agent handle claim process, annual review chance to get more business, call customer service, company trained sympathetic claims person, customer service values, forms needed, home office experiencing a higher than normal call volume, I answer the phone, insurance, life insurance, life insurance claim, life insurance claim filed, phone menu drill down, push to close the sale, questions on policy, serve not sell

Death Benefit — Those opting for Single Premium plans would get the higher of Sum Assured or Fund Value.

Death Benefit — In case of death of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher as Death Benefit and the policy terminDeath Benefit — In case of death of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher as Death Benefit and the policy termindeath of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher as Death Benefit and the policy terminDeath Benefit and the policy terminates.

Death benefit: beneficiary gets the higher of the fund value or total premiums paid at a rate of 6 percent per annum

On death of the Life Insured anytime during the term of the policy, the nominee shall get highest of the following benefits:

In case of death of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher as Death Benefit and the policy termindeath of the Life Insured, the nominee would get Sum Assured or Fund Value, whichever is higher as Death Benefit and the policy terminDeath Benefit and the policy terminates.