Sentences with phrase «life policy as»

Premiums are quite high in the first few years of a whole life policy as compared to term life policy.

We often advise clients over age 60 to leverage a guaranteed universal life policy as a legacy so that they can spend their retirement funds knowing that the insurance will pay a death benefit to their family.

Using a variable universal life policy as a way to make a lot of money is generally futile unless the policy is paid for in one lump sum during a period of essentially bottomed - out markets, because that would create enough cash value in the account to make sizable investments for the long term.

If you have dreams for your business and you need funding to help them come true, keep the option of a term life policy as loan collateral in mind as you talk with lenders.

In fact, we at JustBuryMe completely agree with most financial advisors when they recommend a quality term life policy as being one of the best options for someone considering life insurance.

While you'll pay more early on in monthly premiums for a whole life policy as opposed to a term life policy, your rates are locked for life and your policy will never expire.

These riders are mostly used to supplement a term life policy, but may be available for a whole life policy as well:

Let us take the whole life policy as an example.

Use the whole life policy as a base.

«Typically, only those who are very averse to risk will use a life policy as an investment,» Martin says.

This revival process depends on the type of your life policy as well as the duration of your policy lapse.

While it was once nearly impossible to buy a life policy as an HIV positive or AIDS patient, new medical technology and changes in state laws targeting discrimination have made it possible to get HIV life insurance.

Same would be true of starting another whole life policy as a supplement to the existing WL policy.

(1) If your health hasn't changed or there's some minor health issues, we're typically not converting your West Coast Life policy as we can find you something cheaper than the conversion product Protective is offering AND guaranteed level for life.

«The decision to use a whole life policy as an investment vehicle paid off for Joe, when the cash value allowed him to receive a large sum of money.»

As we have said, if you want a term life policy as a means to pay for your funeral expenses, you can take that risk.

To keep it simple, if you are looking for a universal life policy as a way to get rich or retire you may want to reconsider.

Recent divorce rulings have started to redefine a phrase life policy as community property, particularly in cases involving a terminally ill spouse.

It is recommended that you find an affordable whole life policy as a best practice.

Additionally, I secured another new term life policy as well in January of 2014, based on my past experience, and business with this company for future business.

When you structure a joint life policy as a first to die, the policy pays out upon the death of the first covered person.

If you're considering a whole life policy as an investment strategy, do your research and speak to an agent.

Using a whole life policy as the funding mechanism for a special needs trust is a truly smart idea.

For example, your life insurance plan may include a whole life policy as the foundation, with supplemental term insurance during the time period with higher coverage needs.

This is essentially what is happening inside an Indexed Universal Life policy as the insured reaches the age of 70.

It is not recommended to take policy loans on a No Lapse Universal life policy as by doing so, you may jeopardize your guaranteed death benefit.

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.

It's easiest to explain whole life policy as two different parts: A term life - style death benefit paired with a savings account - style cash value component that provides a guaranteed, but minimal, growth rate.

The caveat is the premium must meet a minimum of $ 20,000 for a broker to be able to sell a New York Life policy as an independent agent.

This limits the usefulness of variable life policies as a college savings vehicle to families with very young children.

Maybe that Zebra could sell life policies as well.

The agent should evaluate both whole and term life policies as well as level, increasing, or decreasing premiums, in determining the correct life policy that best fits the client's budget.

This holds true for Term life insurance, Universal life or Whole life policies as well.

A lot of people like to use whole life policies as an investment because the money grows in the policy tax - deferred.

Due to this, the premiums tend to cost around the same as term life policies as opposed to permanent ones.

Term life premiums increase, however, generally overtaking the premium amount for universal life policies as you get older and have to renew your term life policy.

Some have noted that I'm more than just a little opinionated when organizations and companies try to sell overpriced, under guaranteed term insurance or whole life policies as final expense policies.

Term Insurance Rider can be added to Whole Life or Universal Life policies as an affordable way to increase death benefits while still enjoying the benefits of a permanent policy.

Not exact matches

Integrate live chat, billing, policies, shipping information, your background story, subscriptions, signups for upcoming events, webinars and downloadable content such as ebooks or case studies.

Those who take the «mommy track» might make far different choices living somewhere with policies and a business culture supportive of working parents, such as Sweden or Canada.

Please note that when you borrow money from a life insurance policy, it doesn't show up as income and has no impact on financial aid or the tax rate on Social Security benefits.

CBA is seen as a stable part of life in the country of 24 million where most people have had a mortgage, insurance policy or regular savings account with CBA at some point - often starting with its famed «Dollarmites» deposit account for school children.

Original policy documents for insurance, such as life, home or health.

Hyde says a will or life insurance policy should never name a minor child as a direct beneficiary.

However, investment products such as mutual funds, annuities and life insurance policies are not covered.

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.

But markets in those days were significantly concerned by an administration unable to address its policy agenda, bogged down as it was with problems that had taken on a life of their own, and a Congress preoccupied with the issue.

To «go on claim,» insurance - speak for using the benefit, you must be unable to perform at least two «activities of daily living,» such as bathing, dressing, feeding and toileting, for most policies.

They stretch as far out as 2050 and include all the usual buzzwords about fair trade and sustainability, but also living wages for workers and influencing animal - welfare policy.

«The emphasis on sports is part of Kim Jong Un's strategy to construct and highlight more of what makes life fun, such as culture and entertainment,» explained Benjamin Katzeff Silberstein, associate scholar at the Philadelphia - based Foreign Policy Research Institute.