Sentences with phrase «life insurance policy holders with»

There are other policy options as well, including one for return of premium, as well as a term conversion option that allows the company's term life insurance policy holders with additional flexibility as their policy ages.

A viatical settlement is a contractual agreement to provide a life insurance policy holder with immediate cash in exchange for the sale and transfer of life insurance policy ownership rights.

Not exact matches

As with life insurance policies, the 1035 Exchange allows the exchange of annuities so policy holders can find better rates for their investments or to accommodate changes in their financial situation.

To be sure, the tax advantages combined with the availability of life insurance policy loans to fund various needs and ventures presents an attractive option for policy holders.

However, more than 75 lakhs policy holders of Max Life are now going to be taken over by an insurance company with lower CSR.

This created a massive population of universal life insurance policy holders that are now stuck with under performing policies and faced with a decision on how to not go without coverage.

In many instances, life insurance companies will offer a policy holder a new policy, but with different premium amounts because the holder is now anywhere from 10 to 30 years older.

Universal life insurance, on the other hand, is a type of insurance that is more fluid since it combines term insurance with an investment in the money market as preferred by the policy holder or advised by the insurance company.

Overall, variable universal life insurance can provide policy holders with a number of different subaccount options — which can also include fixed option choices that have a minimum rate of interest.

With rate guarantees preventing insurers from increasing the rates of existing policy holders, many Canadian insurers have been forced to increase the cost of new permanent life insurance purchases by up to 50 %, and more increases are likely.

Typically, terminal life coverage is added as a rider to standard life insurance policies and the cost is generally minimal if the policy holder has yet to be diagnosed with a terminal illness.

With more than 120 years of experience, it has helped many generations of life insurance policy holders get the kind of coverage they need.

In order for the estate tax to be paid by the life insurance, the wishes of the policy holder must be carried out by the beneficiary with the understanding that this is how the money is to be used.

As with other forms of permanent life insurance protection, the policy holder of an indexed universal life insurance policy may withdraw or borrow the funds for any reason — including the payoff of debts, the supplementing of retirement income, or even to buy a new car.

A prime benefit of the whole life cover is that it is regarded as a permanent life insurance policy, which is designed to provide the policy holder with a lifetime coverage protection without any changes in the premium amount or the time period.

But did you know that your life insurance policy may also provide you, the policy holder, with certain living benefits that you could tap into in the event you become seriously ill?

This new term plan from Kotak Life Insurance Company also provides policy holders with options to avail additional cover at different intervals to take care of their increasing responsibilities.

You enter into a contract with your policy holder (the life insurance company) and pay a premium each month to keep the policy valid.

Also, with universal life insurance coverage, the death benefit can be adjusted down or up (with evidence of insurability) in order meet the policy holder's needs as well.

With the disability income rider attached to a life insurance policy, the policy holder can collect a regular income from the insurance company if they become disabled and can not work.

With its current headquarters in the town of Waco, Texas, AIL has no grown to serve over 2 million policy holders across the United States, and have become one of the top providers of life insurance in the supplemental arena, focusing their efforts heavily on credit unions, labor organizations, and large scale associations.

In addition, almost all term life insurance plans also provide critical illness benefits to ensure a lump sum payout for the beneficiaries in case the policy holder is diagnosed with some critical diseases.

Life insurance policy riders can provide policy holders with additional benefits, as well as increase peace of mind that if something happens, there will still be an adequate amount of coverage.

Life insurance, or rather, standard life insurance, consists of a policy that is either permanent life insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's deLife insurance, or rather, standard life insurance, consists of a policy that is either permanent life insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's delife insurance, consists of a policy that is either permanent life insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's delife insurance or term life insurance, with a death benefit paid to the beneficiaries upon the insurance holder's delife insurance, with a death benefit paid to the beneficiaries upon the insurance holder's death.

Many of the insurance products that are offered by EquiTrust Life Insurance Company include underlying equity and index related financial vehicles — which can help policy holders with increasing their opportunity for a higheinsurance products that are offered by EquiTrust Life Insurance Company include underlying equity and index related financial vehicles — which can help policy holders with increasing their opportunity for a higheInsurance Company include underlying equity and index related financial vehicles — which can help policy holders with increasing their opportunity for a higher return.

Based on its strong financial foundation, along with its timely payments of policy holder claims, Colonial Life Insurance Company has received high ratings from the insurer rating agencies.

If you are able to qualify for a life insurance policy that is rated as a Standard, then you will pay a premium rate that is in line with the «average» policy holder of your same gender and age range.

A universal life insurance policy is considered to be flexible, as the policy holder may — within certain guidelines — alter the premium payment amount and / or timing in order to fit in with his or her changing needs.

Overall, variable universal life insurance can provide policy holders with a number of different subaccount options — which can also include fixed option choices that have a minimum rate of interest.

These repositories are required to maintain records of e-insurance accounts with an unique number, records of e-insurance policies issued and records of e-insurance policies converted back into physical form, index of policy holders and their nominees / assignees / beneficiaries in the respective life insurance policies, among others.

Non-United States citizens or any visa holders (e.g. L / H / B1, B2, etc.) as well as person on Green Card living outside of the U.S. can also purchase the plan for temporary coverage in the U.S.. For someone below 65 years of age, coverage must begin within 6 months of arrival in the U.S. and for someone 65 years of age and older, coverage must begin within 30 days of arrival in the U.S. (restriction waived with proof of previous valid insurance within 30 days of the policy start date).

One of the features associated with whole life insurance is that certain policies offer a dividend option to the policy holder.

Primerica is good for an independent agent's business because Primerica's policy holders eventually realize they can get a much less expensive term life insurance policy after having a conversation with one of us.

This coverage option provides the policy holder with life insurance protection, along with fixed interest on the cash value portion of the plan.

With the high — and rising — cost of college tuition, life insurance can help a policy holder to keep his or her promise to loved ones for obtaining a college degree.

While there are a ton of different names for these plans (whole life insurance, universal life insurance, etc.), they all have a core similar to Indiana term life insurance but with a major difference in that the policy grows a cash values for the policy holder.

The Geico website also helps to prompt a policy holder with various information that may assist them in reviewing their life insurance coverage, and in deciding whether to alter their coverage limits in the future.

Money back plan is a life insurance product as well as an investment plan which provides life insurance cover against death of the policy holder along with periodic returns as a percentage of sum assured.

Even though the company's ratings are not on par with where they could ideally be, Phoenix Life Insurance Company has been satisfying the financial obligations that it has to its current policy holders.

ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments.

With a universal life insurance plan, the policy holder will be covered with a death beneWith a universal life insurance plan, the policy holder will be covered with a death benewith a death benefit.

My sister - in - law took out life insurance on my mother - in - law about 3 years ago and changed it so that she is a lein holder on the policy along with her.

This can essentially provide the policy holder (or policy holders) with the benefits of universal life and long - term care insurance combined.

Since most insurance companies will not give their members the liberty to modify the latter's insurance policies, a rider is then important since it empowers insurance plan holders with the control they need in their ever - changing life situations.

With universal life insurance, the amount and the frequency of the premium payments may be altered to meet the policy holder's needs (within certain guidelines).

With this plan, policy holders may obtain a higher cash value crediting rate than they can with whole life insuraWith this plan, policy holders may obtain a higher cash value crediting rate than they can with whole life insurawith whole life insurance.

ULIP is a life insurance product, which provides risk cover for the policy holder along with investment options to invest in any number of qualified investments such as stocks, bonds or mutual funds.

The policy holder is also able to access up to 75 % of the policy's death benefit if he or she is diagnosed with a terminal illness, and the policy may be converted over to a permanent life insurance policy without additional underwriting (in particular circumstances).

With the regular universal life insurance policy, the policy holder will attain flexible premiums — which can allow them to change their payment based on their changing needs (within certain policy guidelines).

Because of this, indexed universal life insurance is used by many policy holders who are seeking higher potential growth (than that of whole life, or even CDs and money markets), yet with protection of principal.