The company's Flex4Life whole life insurance plan offers
higher face amounts of coverage, along with a choice of premium payment options.
Not exact matches
It's usually worth shopping around and sometimes paying a slightly
higher premium for a policy that allows you to reduce the
face amount of coverage, if desired, as well as to convert all or a part to a permanent policy through at least age 65.
The
face amount of this
coverage is not typically
high, with proceeds usually ranging between $ 5,000 and $ 50,000 per policy.
The
face amount of a standard burial insurance policy will usually be in the range
of $ 5,000 to $ 25,000 — although some insurance carriers will offer these types
of policies with a
higher amount of coverage.
The
face amount of coverage on a burial insurance policy will typically run between $ 5,000 and $ 100,000 — although there are some life insurance companies that offers much
higher amounts of protection.
Drivers in their early 20s typically
face higher rates than middle - aged motorists if they select the same
amount of coverage.
The option
of renewing
coverage when your term ends (typically resulting in a
higher premium and possibly a reduced
face amount) 2
The
face amount of this
coverage is not typically
high, with proceeds usually ranging between $ 5,000 and $ 50,000 per policy.
A big benefit for those over the age
of 80 when it comes to final expense
coverage is that while you will need to select a lower
face amount than the kind
of coverage offered through whole life, term life, and universal life, you won't be paying the
high premiums associated with that
coverage, either.
This will typically mean that the premium
amount for the new
coverage will be
higher — even if the
face amount of the policy remains the same.
Most
of the health Insurers counter the
higher risk they
face with the
higher premium
amounts but provide a more comprehensive
coverage to the insured.
First, in many cases, the
face amount of coverage on these policies is typically in the lower ranges — in most instances it is between $ 5,000 and $ 50,000 — although some insurers do allow
higher death benefits with a term policy.
If the rates are too
high to convert your entire policy, you can convert a portion
of it (a minimum
of $ 100k
face amount) and essentially pay the same for less
coverage (not ideal, but again, good to have the option, and you'll be able to keep this
coverage for the rest
of your life).
If you forgot to tell us something, and your life insurance rate comes back at a rate
higher than you wanted, we can still help you find something that will fit your budget by either adjusting the years
of the insurance
coverage or reducing the
face amount.