Sentences with phrase «life insurance purchased because»

Term life insurance is the most popular type of life insurance purchased because it offers the most life insurance protection at the lowest cost.

Term life insurance is the most popular type of life insurance purchased because it offers the most life insurance protection at the lowest price.

Not exact matches

Mortgage life insurance quotes are more expensive for healthy homeowners because most policies don't require you to get a medical exam prior to purchase.

Perhaps one day he will need an organ transplant or lifesaving surgery, but his insurance company will access his purchasing records and say, «We are sorry that we can not save your life, because our records show you have consumed too much Ben & Jerry's ice cream, bacon and eggs, and alcohol.»

In one sense, we are in a brave new world for both life insurance companies and the corporate bond market because the life insurance industry alone is not big enough to purchase all of the corporate bonds outstanding.

Plus, life insurance is such a difficult financial product to purchase because it is typically sold by salesmen who earn huge commissions by putting you into products that you may not need.

It's especially important when choosing a life insurance company because claims might not be made until decades after a policy is purchased.

Aside from contractual requirements, many people choose to purchase life insurance because it can provide financial relief to their families and loved ones if they pass away.

The best time to purchase life insurance is now, because the longer you wait, the more expensive your coverage grows.

In part, this is because insurance to protect assets is forced on us in many cases (your mortgage company will require you to have homeowner's insurance and auto insurance is mandatory in 49 states), but nobody is forced to purchase life or disability insurance.

Many people hesitate to think about purchasing not only life insurance not only because of the cost, but also because they do not wish to dwell on their mortality.

Because of that it's much cheaper to purchase a sizable policy for a fraction of the whole life insurance price.

Because most employer - sponsored life insurance policies are only valid as long as you are employed there, it is a good idea to look into purchasing an individual life insurance policy outside of your group plan.

Because key person insurance is simply life insurance that insures the company against the loss of a key business partner or key employee, the decision to purchase key person insurance necessitates some choices about the type of insurance that is most beneficial.

Guaranteed Purchase Option Rider — This is a great option for parents or grandparents considering whole life insurance for children because it guarantees the addition of more coverage at certain ages and life events with no evidence of insurability.

If you purchase a policy and were paying a higher rate because of your job, but then change to a less hazardous one, you may ask the life insurance company for a reconsideration.

Because your policy can be purchased for a variety of business or personal uses, it's important to select a life insurance benefit option in line with your intended policy use.

Plus, life insurance is such a difficult financial product to purchase because it -LSB-...]

However, whole life insurance premiums are more expensive than term life insurance because of the additional cash component and would need to be considered when deciding on purchasing a whole life insurance policy.

In this way, premium financing for life insurance is also similar to real estate, because it isn't just the equity that is being purchased but also the cash flow and tax advantages that can be realized by properly managing a real estate investment.

Because your home insurance policy likely will not cover flooding, you may have to purchase a separate flood insurance policy if you live in a risk zone.

Because life insurance is such an important purchase, let's also review some terms you should familiarize yourself with.

And if you're maxing out your 401 (k) s and IRAs, consider purchasing cash value life insurance because it has a tax - free cash value, suggests Foguth.

They're one - part insurance, delivering guaranteed lifetime income when an optional living benefit rider is added to the annuity, and one - part accumulation potential, because a portion of the owner's purchase payments is allocated to a mix of diversified investments that can provide long - term growth to help maximize future retirement income.

Because of this, term life insurance can provide policyholders with a very affordable and cost effective way to purchase a large amount of death benefit for a low premium outlay.

If you receive an email from Life Insurance By Jeff it is because (1) you expressly shared your email address with us for the purpose of receiving information in the future (also known as «opt - in»), or (2) you have purchased from us or have a current relationship with us.

«Life insurance is the most unselfish purchase you can make because it's not for you.

Consider the following tips carefully before your next trip because a bad health insurance purchase could cost you your life savings.

Gifting to an irrevocable life insurance trust has been particularly effective because gifted proceeds are used to purchase life insurance to further the estate planning goals and utilizing financial leverage with the gift.

If business continuity succession planning is required, then liquidity is also the objective, even if the estate tax is NOT an issue, because the life insurance proceeds may be used to finance the purchase of the business from the estate by a beneficiary OR a third party.

Because permanent life insurance is a lifelong life insurance policy, a good time to purchase life insurance is when you are doing your financial planning, and when you are considering ways to create financial security in your retirement years.

I purchased it because I was anchored in the 7 % internal rate of return, not because whole life insurance meets my particular financial needs.

The younger you are when purchasing term life insurance the better, because rates can be extremely low for those of younger ages and in good health.

And because life insurance premiums largely depend on your age and health conditions, it's generally better to purchase your policies together, and early on.

So, the purchase of Business Life Insurance such as Business Credit Life Insurance is essential because it guarantees that the business loan will be re-paid to the lender should the borrower die.

This type of coverage is considered to be the most basic form of life insurance — and because of that, it can typically be purchased very affordably.

If this sounds like something you might have said, think again because there is a very good chance you can purchase the life insurance your family really needs.

But, because all life insurance carriers do not price their coverage in the same manner, it is important that you compare several insurers» policies and premium quotes before you move forward with a purchase.

Level term life insurance is one of the most popular types of life insurance because it is inexpensive and allows you to purchase more coverage for less money.

If you are looking for cheap life insurance, affordable Term life insurance will always have the lowest premium but they should be considered a temporary policy because Term insurance is purchased by term lengths of 5 to 30 years.

For anyone with a disease or serious health complication, a life insurance plan can cost a fortune to purchase, but because burial insurance plans don't have health exams, they could save you thousands of dollars.

In fact, there are a number of reasons why those who are over 70 or even over 80 should consider purchasing — or keeping — life insurance coverage, because without it, you could be leaving those you love the most in a very difficult financial position in the future.

Mary is immediately put off by the meeting partly because the agent fails to review their needs and because she has done her research and knows that term life is the far more inexpensive type of insurance for them to purchase.

The biggest reason 64 % of consumers with some or no life insurance don't purchase more is because they think it costs too much, according to industry research group LIMRA.

Because AARP is an interest group, you'll have to be a member if you want to purchase any of their life insurance plans (which are offered by New York Life Insurance Compalife insurance plans (which are offered by New York Life Insurance insurance plans (which are offered by New York Life Insurance CompaLife Insurance Insurance Company).

Because of that, it is recommended that you review any life insurance company that you are considering purchasing a policy through.

This change has happened because people are savvier with their investments than in the past and now choose to purchase the inexpensive life insurance option and invest the difference in the premiums in low fee investment accounts.

In most cases, you must submit to a medical exam in order to purchase a life insurance policy, because the insurance company wants to assess the risks involved with insuring you.

Heather and Tina are comfortably able to live in their house because Heather's husband, who had a whole life insurance policy, also purchased a $ 10,000 term life policy for final expenses.

The premiums, which are based on age and the amount of insurance purchased, may be less expensive than individual life insurance premiums because of an employee group discount.