Sentences with phrase «insured whole lifetime»

Not exact matches

Permanent insurance, which includes whole life and universal insurance policies, is for life: It provides a death benefit for as long as you pay the premium, but also may include cash value that can be accessed during the insured person's lifetime.1

Whole life remains in effect for the lifetime of the insured or until you no longer pay the premiums and the policy lapses.

With the Continuous Payment Whole Life option, the insured will be covered for his or her entire lifetime.

For example, while whole life policies do provide a guaranteed death benefit, they also generally accumulate significant cash value that can be accessed during the insured's lifetime.

With the PlanRight whole life insurance burial coverage from Foresters, there is lifetime life insurance policy up to the insured's age 121 — provided that the premium is paid.

«Whole life,» as the name implies, lasts for the entire lifetime of the insured person instead of a set term, and grows in value over time to a final death benefit.

These plans are small whole life policies that are designed to last the insured's lifetime and never terminate like a term life insurance plan does leaving you with no coverage at all.

Level Premium Whole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insuWhole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insuwhole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insured).

This benefit is not to be confused with the claim that whole life insurance cash accumulation funds can be used to fund a college education during the insureds lifetime.

Whole life insurance remains in force for the insured's entire lifetime and offers a guaranteed death benefit as well as cash value.

Term life insurance policies frequently last as long as 30 years, and whole life insurance policies can last the entire lifetime of the insured, so it's very likely that during that time the document has moved or become covered by other records and household items.

Whole has stiff premiums but empowers the insured to take advantage of lifetime coverage that provides a cash value in order to delay taxes and save for the long haul.

A whole life insurance policy provides a death benefit for the insured's lifetime.

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.

These types of policies offer the advantage of guaranteed level premiums throughout the insured's lifetime at substantially lower premium cost than an equivalent whole life policy at first; the cost of insurance is always increasing as found on the cost index table (usually p. 3 of a contract).

Whole life insurance policies remain in force for the lifetime of the insured.

A universal life insurance policy is built to last for the entire lifetime of the insured — and it can also provide more flexibility than some other types of permanent life insurance, like whole life.

These plans are small whole life policies that are designed to last the insured's lifetime and never terminate like a term plan does leaving you with no coverage at all.

This is true; both whole life and term life insurance will pay out if the insured party passes away during the lifetime of the loan.

With whole life insurance, the coverage will remain in force for the «whole» of the insured's lifetime — as long as the premium is paid.

With a whole life insurance policy, the coverage is intended to remain in force for the remainder of the insured's entire lifetime — provided that the premium is paid — regardless of the insured's increasing age, and whether they contract an adverse health condition.

Whole life insurance policies provide life insurance coverage protection throughout the duration of the insured policy owner's lifetime.

Whole Life insurance accumulates cash value and lasts for the duration of the insured's lifetime.

With the simple whole life insurance, the insured will maintain guaranteed level premiums for the lifetime of the plan, while at the same time building up a stable cash value.

Whole life insurance is meant to cover an insured for the entirety of their lifetime — as long as the policy's premiums are paid.

Whole life insurance is designed to provide insurance protection for the insured's entire lifetime.

With single premium whole, the insured pays a one - time lump sum as a payment for a lifetime of coverage.

The Continuous Payment Whole Life insurance option covers an insured for his or her entire lifetime.

The Premier Whole Life insurance plan offers level insurance coverage for the insured's entire lifetime.

Whereas a whole life insurance plan provides coverage for the lifetime of the insured, term life provides coverage during the predetermined term of coverage.

The whole life insurance options at USAA Life Insurance Company offer the ability to make premium payments for 20 years, until the insured turns age 65, or for the lifetime of the policy.

Burial insurance (Final Expense) plans are small whole life insurance policies that will last the insured's lifetime.

The single premium payment whole life insurance policy will also remain in force for the entire lifetime of the insured.

With whole life insurance, the coverage will remain in force throughout the entire lifetime of the insured — as long as the premium is paid.

With the Continuous Payment Whole Life option, the insured will be covered for his or her entire lifetime.

The Limited Pay Whole Life option also covers the insured for his or her entire lifetime.

Funeral insurance or more commonly known as Burial Insurance are small whole life insurance policies designed to last the insured's lifetime and is there to help with the final expenses once the insured passes away.

Participating Whole Life insurance is a permanent form of life insurance with a guaranteed death benefit, guaranteed fixed premium and guaranteed cash values intended to provide coverage for the insured's lifetime.

Early health insurance means insuring yourself for whole lifetime.

Whole life insurance lasts for the lifetime of the insured so long as the premiums are paid.

Whole life is a form of insurance offering «permanent» protection at a level premium for the entire lifetime of the insured.

These whole life plans are designed to last the insured's lifetime with a maximum payment age to 121.

As its name suggests, these policies are designed for providing coverage for the «whole» of the insured's lifetime — provided that the premiums are paid.

Whole Life Insurance: Unlike term life insurance, whole life is meant to be in force for the remainder the insured person's lifeWhole Life Insurance: Unlike term life insurance, whole life is meant to be in force for the remainder the insured person's lifewhole life is meant to be in force for the remainder the insured person's lifetime.

This whole life policy provides guaranteed coverage throughout the insured's lifetime, or the life of the policy and the premium amount will never go up.

A whole life insurance policy will provide coverage for the remainder of the insured's lifetime — as long as the premiums are paid.

Whole life insurance, as the name implies, is a contract designed to provide protection over the insured's entire lifetime.

For life insurance that will remain in effect throughout the insured person's lifetime, whole life policies are the better choice.