Sentences with phrase «issue life insurance policy rather»

If you have any major health concerns, then you may want to think about a guaranteed issue life insurance policy rather than a whole or term life insurance policy.

Not exact matches

We're going to need to pursue an «alternative life insurance policy» rather than your typical fully underwritten term or whole life insurance policy or simplified issue life insurance policy.

As you already learned, a guaranteed life insurance policy is a no medical issue life insurance policy and you are guaranteed coverage and a guaranteed issue term life insurance policy is the same thing except the difference is that a term life policy will only allow you to stay covered for a short and specified period of time rather than being covered for your entire life.

Basically, the issue for life insurance companies isn't how many policies you own, but rather the total amount of life insurance coverage you have compared to your income, assets and financial responsibilities.

Basically, the issue for insurance carriers isn't how many policies you own, but rather the total amount of life insurance coverage you have compared to your income, assets and financial responsibilities.

If you're seeking a simplified issue policy, — for which only a medical questionnaire is required, rather than a full exam — a wider range of death benefits are typically offered for simplified issue guaranteed universal policies than for simplified issue whole life insurance (which typically have a maximum face value of around $ 50,000).

Rather than dying with no life insurance, finding a small simplified issue whole life insurance policy to cover your final expenses and burial costs will help your loved ones greatly.

If the policy is issued by a mutual life insurance company, the policyholders, rather than shareholders, are owners of the company.