Sentences with phrase «level amount of death benefit»

The premiums you pay for this level amount of death benefit may also be level for the entire period, may be level only for a specified period, or may increase over time.

The Sage insurance provides options for ten years, 15 years and 20 years, with a level amount of death benefit up through age 95 (with certain qualifications).

After the time has elapsed, policy holders have the option of keeping the coverage as an annually renewable plan, which provides a level amount of death benefit until the insured turns age 98.

These policies provide a level amount of death benefit, as well as a premium price that can not be changed once the individual has been approved.

This company offers OPTerm life insurance policies, which provide a level amount of death benefit throughout the entire term, or time frame, of the policy.

The Silver Guard l plan offers a guaranteed level amount of death benefit, which means that from the date of policy issue, the amount of the life insurance coverage will never decrease.

Not exact matches

The death benefit amount remains level throughout the life of the contract.

A whole life insurance policy will offer guaranteed level premiums throughout the life of the policy, as well as a guaranteed amount of death benefit.

A level death benefit means the face amount of the policy is in force from day one.

In general, the cash value in a permanent policy is designed to grow, and this growth reduces the net amount at risk in a policy, which keeps the mortality cost at reasonable levels even though the actual cost per $ 1,000 of death benefit is growing every year.

Compared to a policy that provides an increasing death benefit, one that provides a level death benefit will be less expensive (that is, the premiums will be lower for the same amount of initial benefit).

With the level term plans, both the amount of the death benefit and the amount of the premium due remains the same throughout the entire lifetime of the policy.

During this time, the policy's death benefit will typically remain level, as will the amount of premium.

Level benefit means once the policy has been issued, the insured's beneficiaries are eligible for the full face value immediately after death of the insured occurs with no reduction in the face amount otherwise known as the death benefit.

Option 1 Death Benefit or Level Death Benefit: You can choose a level death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cash vDeath Benefit or Level Death Benefit: You can choose a level death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cashBenefit or Level Death Benefit: You can choose a level death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cash vLevel Death Benefit: You can choose a level death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cash vDeath Benefit: You can choose a level death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cashBenefit: You can choose a level death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cash vlevel death benefit, that starts off as one amount and stays level for the life of the policy, regardless of cash vdeath benefit, that starts off as one amount and stays level for the life of the policy, regardless of cashbenefit, that starts off as one amount and stays level for the life of the policy, regardless of cash vlevel for the life of the policy, regardless of cash value.

A level death benefit builds up cash value against the death benefit, reducing the amount of insurance you purchase over time.

This type of policy differs from Term Life Insurance in that the face amount (death benefit) remains level to age 100.

But they start with appreciably lower amounts than with Level Term or Increasing Term policies because the death benefit in the event of the insured's death is decreasing all the time.

Under the level option, the death benefit is level to the face amount of your policy.

For example, with a level term policy, the amount of the death benefit will remain the same throughout the «term» of the policy.

Death Benefit Options: There are four classifications for death benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the poDeath Benefit Options: There are four classifications for death benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the Benefit Options: There are four classifications for death benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the podeath benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the podeath benefit: This only covers the amount accumulated during the length of the benefit: This only covers the amount accumulated during the length of the policy.

b. Level death benefit, indexed: This option features yearly increase in the amount of death benefit as predetermined by percentage rule.

This no exam level term life insurance policy — which is available to those who are between the ages of 18 and 60 at the time of application — offers death benefit protection of up to $ 500,000 (with a low face amount of $ 100,000).

d. Level death benefit with cumulative gross premiums: The amount received is increased as the amount of the gross deposit added to the policy increases.

When you buy a universal life policy, if you choose a level death benefit, the insurance company uses your cash value to reduce the amount of risk it takes on your life.

Option A is often referred to as a «level death benefit»; death benefits remain level for the life of the insured, and premiums are lower than policies with Option B death benefits, which pay the policy's cash value — i.e., a face amount plus earnings / interest.

Whole life policies offer a choice of having a level benefit (where the policy pays out the face amount and any rider benefits to a named beneficiary upon the insured's death), or a graded benefit (where the policy will pay out a reduced amount of benefit if the insured's death occurs for reasons other than an accident within the first two policy years).

With the level death benefit, the amount the policy pays out stays level throughout the life of the policy and pays out the death benefit or the cash value, whichever is greater.

Graded Death Benefit Life Insurance is a type of life insurance policy that provides a limited amount of life insurance to begin with, and over time the amount of life insurance coverage will increase, either gradually before leveling off, or sharply before it becomes level.

Like your traditional term life insurance, they are available to offer a specified, level death benefit and level premium for a given amount of time, chosen at the time of application.

One type — level term — will keep the face amount (death benefit) of the policy the same throughout the entire duration of the policy.

This plan has a death benefit amount that decreases over time (however, the amount of the premium will remain level).

In addition to the potential for higher earnings on cash value balances, policyholders of universal life contracts have flexibility in terms of the level of total death benefit, premium amounts paid and payment frequency.

In most cases, the amount of the death benefit coverage, as well as the sum of the premium, will remain level throughout the term of the policy.

During the time that is chosen, the death benefit on the policy remains level, and the amount of the premium will not increase.

Typically, with a level term life insurance policy, the amount of the death benefit and the amount of the premium will remain fixed.

During this term of coverage, the premium will typically remain the same over time, and the amount of the death benefit will remain level.

Level — With the level death benefit option, the amount of coverage will remain the same throughout the life of the poLevel — With the level death benefit option, the amount of coverage will remain the same throughout the life of the polevel death benefit option, the amount of coverage will remain the same throughout the life of the policy.

Plus, if you go with a level term life insurance policy, the amount of the policy's death benefit, and its premium cost can remain the same throughout the entire duration of the policy.

There are, however, some insurance carriers that will provide a higher amount of death benefit on these level final expense life insurance plans.

To build the most cash value in a policy, you want to pay the maximum allowed premium and select a level death benefit that helps minimize the amount of insurance you are buying.

The premium stays level, instead of going up annually or in steps, BUT the death benefit amount decreases, usually every year.

With a level term life insurance policy, the amount of the death benefit will remain the same over the entire lifetime of the policy.

Level term policies are a bit more straightforward, the face amount of the contract is always equal to the death benefit.

A whole life insurance policy will offer guaranteed level premiums throughout the life of the policy, as well as a guaranteed amount of death benefit.

As previously mentioned, the American Elite Whole Life insurance policy provides a fully guaranteed amount of death benefit, along with level premiums and cash value.

Most policies do guarantee some amount of death benefit, should the investments fall below a specified level.

A whole life insurance policy from State Farm has many benefits, including lifetime coverage, access to cash value (tax deferred), guaranteed death benefit and level premium amounts over the life of the policy.

The term «level» refers to the death benefit amount during the term of the policy.

Term life insurance is only a death benefit of a specified amount for a level amount of time, and the premium is extremely cheap for healthy individuals.