Sentences with phrase «life policy provides»

Owning a term life policy provides more options, and the death benefit is usually fixed.

This whole life policy provides guaranteed coverage throughout the insured's lifetime, or the life of the policy and the premium amount will never go up.

While term insurance only pays out a death benefit for a certain period, a whole life policy provides a death benefit that pays out at any point in your life while simultaneously building usable cash value along the way.

Whole Life Plans: A whole life policy provides life insurance cover for the entire life of the insured person or up to a specified age (the age varies from company to company but is mostly above 85 years).

A properly structured infinite banking participating whole life policy provides a few incredible guarantees, such as

A permanent life policy provides lifelong insurance protection.

The whole life policy provides a level guaranteed death benefit which is usually free of Federal Income Taxes.

A variable life policy provides death benefits and cash values that vary according to how premiums are invested.

Generally, a universal life policy provides flexibility by allowing the policy owner to change the death benefit at certain times, or to vary the amount or timing of premium payments.

A guaranteed issue life policy provides permanent life insurance lasting your entire lifetime and it builds some cash value inside the policy.

If the life policy provides a $ 250K pool of long term care benefits and the annuity only $ 230K, and all other things are equal, the hybrid life plan might be the better choice.

In contrast, to say a 30 - year term life insurance policy, which pays a death benefit only if the insured dies during a specified period of 30 years, a whole life policy provides for the payment of a death benefit regardless of when the death occurs in someone's life.

A traditional whole life policy provides policyholders with the ability to accumulate wealth as regular premium payments cover insurance costs.

Still, it may be worth it if you need the cash value to cover things like endowments or estate plans, which might benefit from the greater options that a whole life policy provides.

The flexibility that a universal life policy provides is a key differentiator over whole life.

The Foresters Graded Benefit Plan is a whole life policy provides coverage until age 121 with level premiums.

In addition to all the guarantees provided, Northwestern Mutual's participating whole life policy provides annual dividends, consistently paid every year for over 140 years.

The Foresters Modified Benefit Plan is a whole life policy provides coverage until age 121 with level premiums.

The flexibility that a universal life policy provides is a key differentiator over whole life.

A properly structured infinite banking participating whole life policy provides a few incredible guarantees, such as

A level term life policy provides a fixed premium.

A 15 pay whole life policy provides coverage that lasts your entire life with premiums due for 15 years.

Basic whole life policies provide a fixed death benefit and a cash value that builds over time.

Indexed universal life policies provide a guaranteed cash accumulation interest rate, and may return a higher amount if the indexed investments perform above predetermined levels.

Simplified Issue No Medical Exam Whole Life policies provide lifelong coverage for you and your loved ones.

Term life policies provide life insurance coverage for a certain amount of time (usually between five and 30 years).

Keep in mind that whole life policies provide flexibility, but at a price.

For most individuals, term life policies provide the best combination of cost and coverage.

Whole Life policies provide a guaranteed amount of death benefit (in this case $ 250,000) and a guaranteed rate of return on your cash values.

Whole life policies provide a lifetime death benefit protection, unlike term life insurance which is for a set period of time.

This is a flexible premium universal life policy providing choices for cash accumulation option.

Learn how universal life policies provide flexibility for premium, account value, and death benefit.

Term life policies provide coverage for a set number of years — and usually, during this time period, both the proceeds and the premium due will remain the same.

Term life policies provide coverage for a limited number of years — often 15, 20 or 30.

While many whole life policies provide a cash back provision, term life policies do not.

Whole life policies provide coverage from the time that it's bought until the policyholder's death.

With normal term periods of 10, 15, 20, 25, or 30 years, term life policies provide flexibility in the length of coverage and pricing; the shorter the term the lower the premium.

As a form of permanent coverage, universal life policies provide a guaranteed tax - free death benefit to policyholder beneficiaries based on the amount of premiums paid over time.

Whole life policies provide insurance until the death of the insured person.

Sure, whole life policies provide a two - in - one life insurance / investment product, and if you had to choose between getting life insurance and no retirement investments, or a whole life insurance; a whole life insurance policy would probably be better.

Variable Life and Variable Universal Life As with Universal Life polices, Variable Life and Variable Universal Life policies provide death benefits and cash values to beneficiaries.

Most term life policies provide coverage for a term of 1, 5, 10, 15, 20, 25 or 30 years.

Basic whole life policies provide a fixed death benefit and a cash value that builds over time.

Unlike permanent (whole and universal) life policies, term life policies provide coverage for a period of time (a.k.a. the policy term).

Unlike permanent (Whole & Universal Life) policies, term life policies provide coverage for a specific period of time (a term).

Fortunately, most insurance companies that handle term life policies provide you with the option to purchase term life on your children in the form of a rider on your policy.

Term life policies provide life insurance protection for a set period of time referred to as the «term».

«Whole life policies provide insurance for your entire life as well as a savings component, but they come with hefty commissionsâ $» up to 80 percent of your first - year premiumâ $» that are not worth it at all.»

Not exact matches

The life insurance policy should provide for the families of the owners and key management.

In this section, provide employees with a general overview of the benefits you offer in terms of health care, dental, vision, life insurance, etc., but don't discuss specific policies with specific companies.