Sentences with phrase «guarantees the insurance policy»

Guaranteed Renewable: An insurance policy provision that guarantees an insurance policy will continue in force provided the policy premiums are paid on time.

In contrast, our insured credit default swap contracts do not contain the typical CDS market standard features as described above but have been customized to replicate our financial guarantee insurance policies.

However, your insurance company can provide you with special insurance that will cover losses you incur based on flooding, The federal government guarantees the insurance policy.

Guaranteed Renewable: An insurance policy provision that guarantees an insurance policy will continue in force provided the policy premiums are paid on time.

A collateral assignment is a legal document familiar to all lenders and in effect is a lien against the policy which guarantees insurance policy proceeds are first payable to the «assignee», in this case the lender, with the balance of proceeds going to the named beneficiary of the policy.

Traditional Universal life insurance does not have these guarantees but there are now Universal life policies with lapse protection that guarantees the insurance policy will never lapse provided you pay your premiums when due.

Not exact matches

While a leadership strategy will not guarantee your future success, it certainly serves as a sound insurance policy.

For retirees who are still paying off large loans (think failed business ventures or real estate deals), a guaranteed level - premium term life policy is ideal, said Scott Simmonds, a fee - only insurance consultant in Saco, Maine.

Alexander says, «A well - planned insurance policy guarantees that heirs won't have to sell off the company in order to pay the estate taxes.»

Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited deatGuaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited deatguaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit.

With whole life insurance, the policy's cash value is guaranteed to grow at a certain rate each year and you can:

If you are older and want a permanent life insurance policy, perhaps to cover estate taxes or leave an inheritance, guaranteed universal life insurance provides lifelong coverage with little to no cash value component.

As with other whole life insurance policies, guaranteed issue policies will build a cash value over time and coverage lasts as long as you continue to pay the premiums.

Unlike most life insurance policies, there are no health questions when applying for guaranteed acceptance insurance and you don't have to take a medical exam.

While guaranteed universal policies are still much more expensive than term policies, they're usually the cheapest way to buy permanent life insurance.

A guaranteed universal life insurance policy might be four times the cost of a term policy with similar coverage, while a whole life policy could easily be 10 times the cost.

Whole life insurance is a permanent policy, which gives you guaranteed protection for your loved ones that lasts a lifetime.

If you want final expense insurance and are unable to qualify for traditional coverage, simplified issue whole life insurance will be less expensive than a guaranteed acceptance policy.

Guaranteed issue policies are only available for whole life insurance and coverage is typically limited to less than $ 25,000.

Since guaranteed acceptance policies offer life insurance coverage without health or medical questions, they generally have a two to three year waiting period.

And life insurance policies with limited underwriting, such as simplified issue or guaranteed acceptance policies, regularly restrict death benefits to be less than $ 100,000 to $ 250,000.

What is great about nonprofit insurances is that it takes the guaranteed assistance to a level of commitment that helps those who are within these different policies and plans to have a better idea of just how they should be able to handle the monetary benefits that is guaranteed so that in the long run finances are left stable.

A Guaranteed Universal Life (GUL) policy is arguably the simplest type of permanent life insurance.

Designed to provide a survivorship life insurance solution for clients seeking strong protection and accumulation guarantees, this new second - to - die whole life product can cover two lives more cost effectively than two comparable individual policies.

Guaranteed Acceptance Life Insurance (GALI)(Policy Form NY - GIWL2112PMM) is a level premium, non-participating permanent life insurance policy and is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111 - 0001, in Insurance (GALI)(Policy Form NY - GIWL2112PMM) is a level premium, non-participating permanent life insurance policy and is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111 - 0001, in NewPolicy Form NY - GIWL2112PMM) is a level premium, non-participating permanent life insurance policy and is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111 - 0001, in insurance policy and is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111 - 0001, in Newpolicy and is issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111 - 0001, in Insurance Company (MassMutual), Springfield, MA 01111 - 0001, in New York.

With a guaranteed issue life insurance policy, if you die because of an accident (e.g. a car crash) within the first two years, the full death benefit will be paid to your beneficiaries.

Permanent life insurance policies (which include whole life insurance and universal life insurance, have the potential to accumulate guaranteed cash value that increases every year.

Guaranteed universal life insurance behaves like a term life insurance policy but extends to cover a nearly - permanent term, offering coverage until age 90, 95, 100, 110 or 121.

If you're below 80 or fairly healthy, you should be able to qualify for term or guaranteed universal life insurance policies which offer low rates for seniors.

Variable life insurance is also similar to whole life insurance but, instead of having a guaranteed rate of growth, the cash value of the policy can be invested in sub-accounts offered by the insurer.

If you're unable to qualify for a fully underwritten or simplified issue life insurance policy but still need coverage, guaranteed acceptance whole life insurance is always an option.

Posted by Nick Falvo under aboriginal peoples, Alberta, Employment Insurance, fiscal federalism, gender critique, guaranteed annual income, income, income support, Indigenous people, inequality, labour market, Old Age Security, Ontario, poverty, progressive economic strategies, Role of government, social policy, unemployment.

If you're considering permanent life insurance, but are wary of the complexity of the policy and not interested in the cash value or investment benefits, guaranteed universal life insurance is a less expensive way to purchase nearly - lifelong coverage.

Guaranteed universal life insurance, on the other hand, is essentially a term life insurance policy that lasts until you reach a certain age (such as 90, 100 or 121).

While all guaranteed acceptance whole life insurance policies are relatively expensive and limited in terms of coverage options, some have particularly restrictive terms and high quotes.

John W. Homer, president of Oxford Financial Group, suggests that older clients with liquid assets and a desire to reduce estate taxes may want to consider buying a guaranteed income annuity partnered up with a life insurance policy...

The Definition of Mortgage Insurance Mortgage Insurance (also known as mortgage guarantee and home - loan insurance) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgInsurance Mortgage Insurance (also known as mortgage guarantee and home - loan insurance) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgInsurance (also known as mortgage guarantee and home - loan insurance) is an insurance policy which compensates lenders or investors for losses due to the default of a mortginsurance) is an insurance policy which compensates lenders or investors for losses due to the default of a mortginsurance policy which compensates lenders or investors for losses due to the default of a mortgage loan.

Low rates make it difficult for insurers to earn high returns due to the fact that they are required to hold a significant amount of safe debt to guarantee they can cover the insurance policies they write.

Sometimes they think that Salvation is a sort of fire - insurance policy which guarantees that we shall not have a rather warm future beyond death.

Grace is not about heaven or a post-mortal existence or guaranteeing a future occurrence because grace is not about having an after - life insurance policy or hedging our spiritual bets.

However, there is no guarantee that insurance will cover care; it depends on your policy.

Republicans: Oppose guaranteed universal health care; Support health policy based on corporate profits for insurance, HMO, and drug companies instead of human need.

An annuity is a sort of insurance policy that guarantees a certain income for life.

His narration is an insurance policy intended to guarantee audience involvement and make sure we never fail to understand any point.

Skoda also provides its own «E-Surance» package as part of the warranty, which guarantees that your Yeti, if damaged in an accident, will be repaired at a Skoda main dealer no matter what your personal insurance policy stipulates.

One great benefit of the Penn Mutual Guaranteed Choice Whole Life insurance policy is that you can choose how long you pay premiums.

Spectrum Insurance Group specializes in finding these policies for their clients, due to the fact that many carriers will not offer a level (guaranteed fixed) premium on the purchase of critical illness insuranInsurance Group specializes in finding these policies for their clients, due to the fact that many carriers will not offer a level (guaranteed fixed) premium on the purchase of critical illness insuranceinsurance alone.

Online life insurance quotes for policies offering guaranteed acceptance are synonymous with those without a medical examination or health questions.

The Penn Mutual Guaranteed Choice Whole Life insurance policy is a participating whole life insurance policy designed to provide three guaranteed items: death benefit, cash value accumulation, and fixedGuaranteed Choice Whole Life insurance policy is a participating whole life insurance policy designed to provide three guaranteed items: death benefit, cash value accumulation, and fixedguaranteed items: death benefit, cash value accumulation, and fixed premiums.

The Penn Mutual Guaranteed Choice Whole Life insurance policy provides guaranteed cash value accGuaranteed Choice Whole Life insurance policy provides guaranteed cash value accguaranteed cash value accumulation.