Sentences with phrase «life policies if»

Most group life insurance policies, which are term insurance, are convertible to either whole life or universal life policies if you leave employment.

Look to universal life policies if you'd like the investment to potentially increase the death benefit.

But it won't make you rich, and all of those advertising such accounts and those like them, make huge commissions off of permanent life policies if they are the agent.

If you fear you might not be able to keep pace with the higher premium payments of a permanent life policy if your income suddenly dropped, it may be wise to keep your term life policy as is, which generally would keep your payments smaller.

They can even consider one that has a «convertibility option» to convert the policy to a whole life policy if they so choose later down the road.

Whole life policies offer living benefits, including tax - free dividends that may accrue (referred to as the policy's cash value); you may even be able to borrow money against the value of a whole life policy if there comes a time that you decide you need to do so.

In general, you don't want to buy a guarantee issue life policy if you are able to qualify for a life insurance policy that has underwriting.

If you're an older applicant, consider adding a long - term care rider to your life policy if you anticipate needing that extra protection.

You can also borrow against the whole life policy if you need immediate cash.

I recommend choosing a No Lapse Guarantee Universal Life Policy if you plan to go with a permanent policy — this way your policy is guaranteed never to expire as long as you pay your required premium payment, which is guaranteed never to increase.

This policy offers conversion privilege which allows you to switch all of your coverage over to a permanent life policy if your need change.

If you aren't in this select group, it may still make sense to pursue a whole life policy if you are in another special circumstance.

For example, you may want to have a whole life policy if you:

He recommends a whole life policy if a senior is looking for coverage specifically to make sure their final expenses are taken care of — because a term policy will likely expire before they die.

Term life insurance policies are temporary, but you can convert to a permanent life policy if you have a «convertible» term life policy.

There is also often the option to covert your life insurance policy to a whole life policy if the need should arise.

They recommend exploring other types of insurance such as a traditional life policy if you want to have extra cash to cover funeral expenses.

However, you may want to consider a guaranteed issue or graded life policy if you are over the age of 50 now.

Choosing a private insurance policy also gives one the freedom to purchase a whole life policy rather than a term life policy if they so choose.

Therefore, you stand to get a much better rate on your term life policy if you apply when you're young and healthy because insurance providers see you as a lower risk.

Although underwriting varies from one life insurance company to another, most will consider you for a term life policy if you apply during your first or second trimester.

Age 55 is still a reasonable time to find an affordable term life policy if you're in relatively good health.

Get a term life policy if you have a family and need to replace your income in case you were to pass, I mean that is what it's for.

Not exact matches

If you're tempted by an attractive online quote, make sure there are live agents who can talk you through a policy before you buy it.

Certainly, Tillerson has committed billions of Exxon shareholders» money to Russia, and even if he cuts his own financial ties to the company, it will be hard for him to pursue any kind of foreign policy that undoes much of his life's work.

Changes to superannuation policy played a role in the significantly reduced majority for the Turnbull government at the July 2 election, but if you look a little deeper you find something far more interesting — the government can't afford its retirement policies, and some retired people can't afford to live.

As the name implies, term life insurance will provide a death benefit if an individual dies within the policy's term, up to 20 years typically.

So be sure that if you use infomercials, you follow through with your fulfillment and return policies — and that your product or service lives up to what you promise your audience.

In late 2016 the airline largely froze a policy that gave its cabin crew thousands of dollars a year in allowances if they lived outside company accommodation.

If you're among the 5 % of poll respondents who found sticking to company policy a real pain, this increased level of surveillance may suck some life out of your corporate vacation.

If tax policy should be doing anything to change the income distribution, I would prefer it lean against these strong winds of inequality rather than making life still easier for those at the top.

You will also need the more costly cash value policy if you purchase life insurance for the purpose of leaving a charitable legacy, Simmonds said.

«If you have ample funds and are looking to get rid of a little every month, it would not be irrational to buy a whole - life, universal - life or variable - life policy, where the cash value grows income tax - free as long as the policy is held until death,» Hunt said.

If you leave a large life insurance policy, for example, the bank may come after that.

If structured correctly, Simmonds explained, the life insurance policy can benefit both you and the recipient of your gift.

(If that's the case, a term life - insurance policy — which would be pretty cheap, given your age — should help.)

If companies follow the regulations spelled out in the tax code, investments made within the variable life policies will be given tax - free treatment.

This circle would be easier to square if policy elites had performed better over the last 15 years, and could more credibly say that they had created the public institutions necessary for people to improve their own lives.

Do ask yourself: If today I gave you a check in the amount of the death benefit of the life insurance policy you're considering, would you quit your job and work free for me until you die?

So, if you had a $ 250,000 whole life policy in place for 10 years and the cash value was $ 25,000, in the event an emergency came up you may be able to borrow up to $ 25,000 from the insurer.

If you have a participating cash value life insurance policy, it means you're eligible to receive a dividend.

If you are older and want a permanent life insurance policy, perhaps to cover estate taxes or leave an inheritance, guaranteed universal life insurance provides lifelong coverage with little to no cash value component.

If you want to give up your coverage and cash out your life insurance policy, you should first determine if you can sell it in a life insurance cash settlemenIf you want to give up your coverage and cash out your life insurance policy, you should first determine if you can sell it in a life insurance cash settlemenif you can sell it in a life insurance cash settlement.

A life insurance policy's cash value is essentially the amount of money you would receive if you decided to give up the policy to the insurer, or surrender your coverage.

If you have a prior life insurance policy, please take a few minutes to find your existing policy so we can get you the best quote.

Similarly, if you have a participating whole life insurance policy from a mutual insurer, you can also use any dividends you receive to purchase paid - up additions.

This rider adds to the cost of your premiums but ensures that you'll receive a portion or the sum of premiums paid if you live past the term of the policy.

Most homeowners and renters insurance policies of parents or guardians will cover their college student's belongings if they live in a dorm room.

AD&D insurance is similar to a life insurance policy in that both offer a death benefit, but your beneficiary wouldn't receive a payout if you died due to an illness.

They if anything, the insurance policy for the secondary home might be cheaper with a family member living there instead of sitting empty (which is considered more high risk).