Sentences with phrase «into buying a life insurance policy»

Ultimately, a captive agent will try to convince you into buying a life insurance policy from his or her company because that is where they receive the highest commission payout.

People looking into buying a life insurance policy need to make sure they understand what they are buying and how it could be profitable for them, according to Swiss Re study, «Understanding the Profitability in Life Insurance.»

If you have any questions or are looking into buying a life insurance policy, talk to one of our Freeway Insurance experts today!

Not exact matches

When looking into what type of life insurance to buy, you should consider a permanent policy.

When you buy a whole life insurance policy, you're «forced» into putting money into a savings account.

When you pay monthly or annual premium into an endowment policy, part of that payment is used to buy life insurance, while the rest is pooled in an investment fund that goes towards your endowment payout upon maturity.

As we got deeper into the conversation, the idea of buying a whole life insurance policy made more sense to me.

This buy term life insurance and invest the rest into mutual funds versus buying whole insurance comparison uses an average variable universal life (VUL) policy.

The bottom - line is that just buying a level term life insurance policy and investing the difference into no - load mutual funds (not even our recommended mutual funds) usually beats VUL long - term.

When I started looking into life insurance, I had recently graduated from college and didn't have enough money to purchase a whole life policy, so I bought a term life policy.

As your child grows into an adult, this rider allows you to buy additional life insurance above the face value of the current policy (on specific dates and in certain increments) regardless of his / her health status at the time.

If you bought your term life insurance in your latter years or a longer term policy, you might have grandchildren that are just coming into their prime.

First, if you already have a term life insurance policy and you're looking to buy more protection, check whether the current policy has a conversion rider, which will let you convert it into a permanent policy without going through additional underwriting.

You want to buy the right life insurance policy to fit your current needs, while ensuring it's one you can grow into.

Maybe you were single with a higher disposable income, and now you're married and starting a family, and the thousands you're pouring into your whole life insurance policy sure would buy a lot of baby supplies.

With a return of premium policy, you can still practice «buy term and invest the rest,» investing the $ 300 + dollars you're not putting into a whole life insurance policy each month and getting the premiums refunded.

Life insurance rates are regulated and commissions are baked into the policy cost, so the same policy will cost you the same amount regardless of where you buy it.

As we got deeper into the conversation, the idea of buying a whole life insurance policy made more sense to me.

Life insurance takes into consideration the age at the time of purchasing the policy, so the younger you are when you buy term life, the less expensive it willLife insurance takes into consideration the age at the time of purchasing the policy, so the younger you are when you buy term life, the less expensive it willlife, the less expensive it will be.

Now it is possible to buy several guaranteed issue life insurance policies from sever different insurance companies, but then you're going to run into problem number 2.

When buying term life insurance, do yourself a favor and get a policy that can be converted — a policy with a conversion clause built into it.

Another reason to consider term is that if you want to include your life insurance in an estate planning scenario, you could need to buy a longer term so you might need a term policy that covers you into your 80's or even longer.

Not only is whole life insurance more expensive by default, but you will essentially be buying into the policy part way through the duration.

Many of those who buy a life insurance policy from Progressive also look into these other types of insurance.

Take the amount of alimony or child support into account as you determine how much life insurance is needed, if you are ready to buy a term life insurance policy.

You should buy a low cost policy like a term life insurance policy just in case you don't live to see your dreams come into reality.

This means that instead of buying a whole life policy, people are better off purchasing term life insurance and investing the difference between the cost of term and whole life into the stock market.

When I started looking into life insurance, I had recently graduated from college and didn't have enough money to purchase a whole life policy, so I bought a term life policy.

In this case, you can buy term life insurance for 1, 5 or 10 years, or you can purchase a longer term policy with an option to convert it into permanent coverage when financial circumstances change.

If you still fall into a pricier category than you anticipated, you can buy a policy and then ask the life insurance company to re-examine your rate if your health has improved for at least one full year.

If the policyholder has got into the habit of smoking or drinking or the habits that might reduce their life expectancy after buying the policy, they have to necessarily reveal this fact to the insurance provider as they are now part of a different risk pool.

Do not get into the old traditional myth that if you buy a life insurance policy, then something unfortunate might happen to you.

You can buy a universal life insurance policy which has a term insurance base and is hooked up to a savings plan or you may elect to invest into a variable universal life policy.

The «temporary / permanent» distinction between term and whole life insurance policies has become so pervasive that nearly everyone in the industry buys into the concept without really thinking about it.

When we look into how people are buying life insurance policies, it seems as though we still prefer to speak to people rather than doing it over the phone or even buying life insurance online.

Rather than buying a permanent insurance policy you can dip your toes into the market with a term life option.

It is important to remember that whenever you buy one of the different types of life insurance policies, you read all of the fine print, so that you know exactly what you are getting into, and what possible factors may make your life insurance policy null and void.

If you are straining to buy enough insurance to cover your family's financial needs, do not allow someone to talk you into a more expensive whole life policy.

Converting Samantha's term policy prevented her from being forced into buying a «guaranteed issue» life insurance policy with a two - year waiting period.

Buy a life insurance policy that does not require an investment value, and build your tax - deferred retirement savings by investing into an IRA or a 401k.

While searching for a life insurance policy, most of the people focus on low premium amount with high returns and that's fine because the insurance policy you are going to buy should fit into your budget and should also provide high returns.