Sentences with phrase «life insurance you purchase depends»

The amount of life insurance you purchase depends on how many dependents you have and their ages.

Not exact matches

But if you're self - insuring by purchasing a health plan on the health insurance marketplace you could be looking at monthly costs in excess of $ 400 depending on where you live.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

Your exact life insurance needs will depend on your financial needs and whether you and your spouse have children to support; the Life Foundation offers a calculator to help you determine how much insurance to purchlife insurance needs will depend on your financial needs and whether you and your spouse have children to support; the Life Foundation offers a calculator to help you determine how much insurance to purchLife Foundation offers a calculator to help you determine how much insurance to purchase.

Life insurance can be super expensive or relatively inexpensive depending on what type you are purchasing and how much you decide to get.

This is a greatly simplified example: The numbers will vary significantly depending on the life insurance company, the type of policy you purchase and, in some cases, current interest rates.

The cost and availability of the type of life insurance that is appropriate for you depend on factors such as age, health, and the type and amount of insurance purchased.

Remember that the cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance purchased.

«Depending on the policy and the insurer, the child will be permitted at eighteen years of age or the legal age of consent in their state to purchase an additional $ 25,000 of life insurance, irrespective of his or her health.

To protect themselves from financial losses, renters should also consider purchasing earthquake insurance, especially depending on where they live.

Floods, Earthquakes and Sinkholes: Renters insurance doesn't cover everything and depending on the dwelling and where a renter lives, they might choose to purchase other insurance policies that conside with renters insurance.

But depending on the home they are renting, or floor they live on, renters might want to consider purchasing a separate flood insurance policy to go along with their renters insurance.

If anyone depends on you financially, you may want to consider purchasing a life insurance policy.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).

If you have family members who depend on you financially, you should consider purchasing a life insurance policy.

Whether you're in need of a loan or a line of credit for everyday purchases, or a custom solution to finance commercial real estate, a private aircraft, or life insurance premiums, you can depend on your private banker to help you meet your goals.

That may depend on the state laws pertaining to life insurance and suicide, how long ago the life insurance policy was purchased, if the premiums were all paid up, and any suicide exclusion in the life insurance contract.

It's not fun to think about, but purchasing life insurance is the right thing to do if people you care about depend on you financially.

In other words, purchase two different types of insurance (some term life and some lifetime guaranteed coverage) depending on what your real needs are.

The type and the amount of life insurance that is available to an applicant who is over the age of 50 may also depend in large part on the insurance company that you are purchasing the coverage through.

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.

While ordinary Permanent Life insurance is typically purchased in much larger benefit amounts (i.e. six - figures or more), a Final Expense policy tends to be issued in face amounts of $ 2,000 to $ 50,000 (these amounts vary, depending on the insurer).

Even so, young people with families, as well as those with others who depend on them, would do well to purchase life insurance coverage.

Renewable: Here, you can renew your term policy for another 10, 20, or 30 years depending on your age and the company from which you purchased the life insurance.

The answer to this question will really depend on your individual situation and what you hope to achieve in purchasing the life insurance for you father.

Depending on the insurance company, at the end of the level term period, you may have the option to use the policy cash value to purchase a guaranteed paid - up «whole life policy» without having to prove your health.

Depending on your policy and when you purchased it, you may end up paying rates similar to those of a whole life insurance policy.

Some carriers are beginning to allow stay - at - home spouses to purchase more life insurance, depending on their household income.

One of the most common times to purchase a 20 - or 30 - year term life insurance policy is when your family is growing and depends on your income the most.

Depending on your policy details, getting divorced may mean you need to change the beneficiary, purchase a new life insurance policy, or make adjustments to ensure your children are provided for.

When you purchase insurance it is to ensure your money is safe and you are not making a bad choice depending on whatever the future may hold for your life at a later date.

Depending on the life insurance policy you purchased, the death benefit can be fixed or variable.

Here are a few guidelines, depending on your REASON for purchasing life insurance: Income -LSB-...] Read More

The cost varies, depending on the amount of coverage and the type of life insurance being purchased, as well as, the current age, gender, health and lifestyle of the insured.

You would also be limited as to how much life insurance you can purchase at that time, depending on your policy.

If anyone depends on your income, be sure you purchase life insurance to help them pay the mortgage and other expenses after your death.

Depending on market performance and your personal situation, you may consider purchasing a longer span term life insurance with a fixed annual rate and working with an investment advisor to figure out the best strategy for how you invest your money.

Here we breakdown 10 year term life insurance policies and show you the average annual premiums depending on your level of health and the amount of coverage you're interested in purchasing.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

The insurance policy under which you file your claim — and whether you're able to file a claim at all — will depend on the coverage you've purchased, the state you live in (and whether it has no - fault or fault insurance) and who was responsible for the accident.

Depending on the state you live in and the insurance provider, you can purchase additional coverage for items excluded in the general policy, such as damage due to earthquakes and floods.

Your neighbor does not depend on your income, therefore does not have an insurable interest and could not purchase life insurance on you.

Your life insurance premium depends on such personal risk factors as: the amount of life insurance purchased, whether you have used tobacco products, your age and your gender, and your answers to a few brief questions regarding your medical history.

The cash value inside an universal life insurance policy can be tied to a money market account, a major stock index, or be invested into equity funds and bond funds depending on the type of universal life product you purchase.

Depending on which life insurance company you choose to purchase a term policy from will determine the different lengths of term life that you can choose from but many carriers offer 5, 10, 15, 20, 25, and 30 - years.

The process for buying life insurance depends, partly on the type of life insurance purchased.

Most of these policies are not «set and forget» policies, depending on the type of universal life insurance you purchase.

Depending on what type of policy you purchase, your life insurance policy may also provide you with a large sum of money that you can use if a financial hardship strikes while you are still living.

As for whether or not the life insurance policy that your mother had, will in fact pay out, it will largely depend on the «type» of insurance that she purchased as well as whether or not it contained what is call a «graded death benefit» period.

The right amount of life insurance protection to purchase depends on how much income your family will need if you die, how much you owe, and how much you have saved.