Sentences with phrase «insurance policy owner»

In the 1980's when interest rates started rising many dividend paying whole life insurance policy owners saw increasing interest rates that did not reflect lower policy dividends.

Life insurance policy owners who possess permanent plans are likely to have built up a significant amount of savings within their policies.

In the 1980's when interest rates started rising many dividend paying whole life insurance policy owners saw increasing interest rates that did not reflect lower policy dividends.

This is an industry fact and open secret that more policy owners, consumers and prospective insurance policy owners should be aware of.

Additionally, with burial insurance the policy owner and the beneficiary may be the same person.

The time may come when life insurance policy owners want to rid themselves of the policies they own.

In contrast, the numbers of life insurance policy owners are surprisingly low today.

At Insurance & Estates we definitely recommend looking into the LTC rider options if you are already a permanent insurance policy owner.

When life insurance policy owners no longer want, need, or can afford to continue to pay policy premiums, they traditionally have surrendered their policies to the issuer for their cash surrender value.

If a life insurance policy owner suffers a major critical illness while still working, life insurance is typically one of the first bills that are left unpaid, even if it causes the policy to lapse.

For any disability insurance policy owner who expects large increases in future earnings, an FPO rider can be essential.

Mutual insurance policy owners have two benefits that are similar to the benefits of stockholders in public corporations: They receive a portion of the firm's earnings in the form of a dividend; and they have voting rights in the company.

Insured: This is also the life insurance policy owner in most cases, although it can also be the beneficiary.

Some insurers refuse to write policies if the potential Atlanta renters insurance policy owner has certain destructive breeds, such as: Dobermans, Rottweilers or Pitt Bulls.

A life insurance policy owner who engages in a viatical settlement will sell his or her policy to an investor.

At Insurance & Estates we definitely recommend looking into the LTC rider options if you are already a permanent insurance policy owner.

Universal life insurance policy owners are NOT viewed as owners of the life insurance company.

The second reason that I believe Han Solo was a term life insurance policy owner is that he was a gambler.

The investor becomes the new life insurance policy owner and is responsible for maintaining the policy and will receive the lump sum death benefit upon the death of the insured (typically the previous policy owner, although it is possible for the owner and insured to be two different people).

Named after Section 1035 of the Internal Revenue Code, a 1035 exchange allows life insurance policy owners (and annuity contract owners) to exchange an old policy (or contract) for a new one from a different insurance company without tax consequences.

I am now a 23 - year - old single individual, with no dependents, with some disposable income — and a life insurance policy owner.

The contract between a life insurance policy owner and an insurance company.

Life insurance (life assurance) is a certain contract between you (the insurance policy owner) and the insurer, according to which the policy owner is paid a reimbursement in case the insured event occurs (i.e. the policy owner's death).

The contract between a life insurance policy owner and an insurance company.

Life insurance is a contract between an insurance company and the insurance policy owner.

In some instances, an insurance policy owner may need access to their policy funds for a personal emergency.

That's why more and more universal life insurance policy owners are choosing to opt for a plan with a «Secondary Guarantee,» (also known as a No - Lapse Guarantee).

Whole Life Insurance policies also build value from which the life insurance policy owner can borrow without terminating the coverage.

State Farm life insurance policy owners and beneficiaries can access a number of online resources, such as servicing and filing claims on existing policies.

Whole life insurance policy owners can elect to receive dividends in cash or choose other options such as paid - up additional life insurance.

A free look period is a period of time in which a new life insurance policy owner can terminate the policy without penalties, such as surrender charges.

I am now a 23 - year - old single individual, with no dependents, with some disposable income — and a life insurance policy owner.

Here are 3 common situations that Whole Life insurance policy owners should think about before replacing their permanent policy with Term coverage.

In 1911, the U.S. Supreme Court issued a decision in Grigsby v. Russell, which recognized the rights of the life insurance policy owners to transfer ownership of their life insurance policies to a third party that was unrelated to the policy owner / insured and did not hold an insurable interest in the policy owner / insured.

With a permanent policy, the life insurance policy owner will typically have both life insurance coverage, as well as a way to save or invest within an underlying cash value component.

Life insurance policy owners and beneficiaries can access a number of online resources, such as servicing and filing claims on existing policies.

Life settlements offer an additional option for life insurance policy owners to consider when deciding what to do with a policy they no longer want to own.

The insurance company pays a specified amount of money / death benefit to the beneficiary of the insurance policy owner upon his death, as stated earlier in the policy agreement.

Life insurance is a contract between an insurance company and the insurance policy owner (s).

Even though a life insurance policy owner can return their policy for a full refund, coverage is still completely active at this time.

The purpose of a free look period for life insurance policy owners is to provide time for the owner to review the actual policy before committing to paying.

Whole life insurance policy owners can use dividends to buy paid up life insurance.

After this 30 day period is over, the insurance company will still allow a life insurance policy owner to reinstate a policy, but the insured person must make some legally binding statements about their health.

INSURABLE INTEREST — The interest an insurance policy owner has in the risk that is insured.

Every year when the life insurance company calculates it's profits it returns a portion of those profits as dividends to whole life insurance policy owners.

The universal life insurance policy owners are paid the market interest rate as it is defined in their policy.

The second reason that I believe Han Solo was a term life insurance policy owner is that he was a gambler.