Sentences with phrase «life policy options»

There are many other life policy options available, depending on what you're looking for and the insurance agency you choose to work with.

In addition to final expense whole life insurance, Senior Life Insurance Company also offers term life policy options, as well as accidental death benefit insurance.

Sagicor Life Insurance Company also offers a regular whole life policy option.

Many companies may also offer a one - year renewable term life policy option.

Not exact matches

All young people can do is base their options on what the current health - care rules are today, said Carolyn McClanahan, both a certified financial planner and an M.D. «The number one thing young people need to do is continue to scream at the politicians to get some good health legislative policy in place,» said McClanahan, founder and director of financial planning at Life Planning Partners.

Additionally, other options include borrowing against a whole life insurance policy and borrowing against you retirement savings.

(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.

This option is usually only available with universal life insurance policies and is somewhat risky because your policy will lapse if its cash value reaches zero.

Hi Sam, is whole life policy a good option to consider for tax free retirement income?

Life expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optiLife expectancy and retirement aside, if you're purchasing a life insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your optilife insurance policy to protect a specific interest — such as a business loan or mortgage — you may also need to think about the potential duration of that need when considering your options.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

If you work for a company that does not offer a qualified retirement plan (or does not offer a life insurance option in an existing plan) or if you have already contributed the maximum amount to your qualified retirement plan, a cash value insurance policy can offer some of the tax benefits of a qualified retirement plan.

«Unlike bank deposits or life insurance policies containing surrender options, p / c float can't be withdrawn.

Purchasing a level term life insurance policy is often your best option.

Survivorship Builder is a single policy covering two lives that pays the death benefit upon the second insured's death — an option that might prove beneficial to some, such as, providing an income tax free death benefit, liquidity for estate taxes and wealth transfer and supplemental income needs.

Clark Insurance offers a variety of business insurance options, including everything from a business owner's policy and liability protection to complete employee benefit plans and key person life insurance.

A life insurance broker — like Quotacy — offers you competitive pricing and policy options from multiple life insurance companies during the quoting stage.

In general, if you're relatively healthy and wouldn't mind a simple medical exam, traditional life insurance is the better option because it will likely be less expensive than a simplified issue life insurance policy.

Many life insurance policies come with the option of accelerating a portion of your death benefit if you become terminally or chronically ill.

While the cash value feature is an attractive option it's important to remember, though, that tapping into the cash value of a life insurance policy reduces its value and death benefit and increases the chance the policy will lapse.

Seniors in America discovered a new option to sell unneeded or unwanted life insurance policies.

If you're unable to qualify for a fully underwritten or simplified issue life insurance policy but still need coverage, guaranteed acceptance whole life insurance is always an option.

While all guaranteed acceptance whole life insurance policies are relatively expensive and limited in terms of coverage options, some have particularly restrictive terms and high quotes.

Short term life insurance policies, such as those with 1 - year or 5 - year terms, often have the option of being renewable, meaning that at the end of the term you can purchase the same coverage again without a new application process.

It seems to me that, so far as public policy is concerned, some version of pragmatic pluralism is indeed the only live academic option.

Clearly, assuring women's moral freedom and establishing a social policy that provides them with real options so that they can take responsibility for life and make authentic decisions of conscience ought to be the priority for both the prolife and the prochoice groups.

The administration policy will prolong the life of nuclear facilities for a few years, to serve as a bridge to the cleaner - energy options.

This California - centric volume contends that many middle - class families live under the illusion that their kids» schools are swell and that it's only poor families whose children are trapped in bad schools and therefore need charters, vouchers, open enrollment plans, and other policies and programs designed to afford them access to better options.

Choose our Disablement Premium Waiver option, which pays the premiums of your pure life and dread disease policy on your behalf for a period of up to five years if you become disabled and the full cover amount of your disablement policy is paid out

They provide different options and benefits that allow you to customize your policy to your life.

Under universal life insurance option B, the policy proceeds increase over time and are equal to the cash value plus the death benefit.

It offers you great flexibility; you can buy a policy for a term that can range anywhere from a one - year renewable policy, to a 30 - year term, or an age - specific time in your life such as 65 years, among other options.

Many policies also offer you the option of converting your term policy into a permanent life insurance policy such as a universal life policy.

Life Insurance policies issued in India come with added tax benefits that make these policies a cost - effective long - term protection cum investment option.

No medical exam life insurance is more expensive than fully underwritten coverage and typically provides fewer options, such as the ability to increase your death benefit or convert a term policy to permanent coverage.

However, this option is typically only available once your life insurance policy's cash value has reached a certain size, which may take five to ten years of paying premiums.

Since permanent life insurance policies have much higher rates than term policies, and most financial obligations go away over time, term life insurance is typically the better option for most people.

While not for everyone, indexed universal life insurance policies are a viable option for people looking for the security of a fixed universal life policy and the interest - earning potential of a variable policy.

Most permanent life insurance policies give you the option of choosing how long you want to pay premiums.

Traditional life insurance policy — a terrible investment option.

If you are young and live a healthy lifestyle, your best bet would be the second option, where you apply for a new policy to replace your old one.

You should, however, consider if you might be better served by purchasing a term life insurance policy; this option may be less costly, since whole life insurance is comparatively expensive.

One option for those looking for instant life insurance coverage is to purchase a guaranteed issue policy.

With such low interest rates today, and with savings options like the RESP becoming more popular (RESPs were introduced in 1974, but gained investor interest he late 90s when the government introduced matching grants) it doesn't make sense to buy a whole life policy for savings reasons.

b) With Extended Life Cover: The policyholder also has the option to choose for Extended Life Cover benefit at inception of the policy by paying additional premium throughout the premium paying term.

However, if you're a senior and have had a medical condition for over 2 years that's well managed, such as diabetes, their whole life insurance policy is a strong option.

Taking out a life insurance policy to cover the cost of cosigned student loans could be a better option.

Even if some policies have a cash - value component, you run into the same problem as other cash - value policies like whole life insurance, where you may end up with a sub-optimal investment option.

A long - term care rider — another option which can be added on to your term life policy — protects your family from financial loss if you don't pass away, but require full - time care or need to stay at a nursing home.

A licensed agent can help you explore your options and match you with a life insurance policy that works for you.