Sentences with phrase «like other forms of life insurance»

Like other forms of life insurance, variable life policies are designed to provide your beneficiaries (family, friends or even an organization) with a death benefit if you die while your policy is still in effect.

This value grows tax deferred just like other forms of life insurance, even though it is invested into the market.

Not exact matches

Just like other forms of end of life insurance, you may choose to designate how your beneficiary uses remaining funds, such as donating to a charity, or simply gifting the balance to a predetermined organization.

Just like any other service, getting referrals from friends and family members that you know are qualified to give you an excellent referral in finding a good experienced life insurance may be a good start.Remember to take these referrals form friends and family with a grain of salt.

Like other forms of permanent life insurance, your premium payments may earn interest and grow the cash value of your policy.

Let's understand that indexed universal life insurance, just like other forms of permanent insurance are commonly used for the following:

Between all the legal forms, change of address notices, and wedding thank - you cards taking up your time, it's easy to forget other details that need your attention — like term life insurance.

Just like other forms of insurance, there is not cash value attached to a term life insurance policy.

Term life functions much like other forms of insurance.

There is a common misconception that like other forms of insurance coverage, life insurance is limited only to one policy.

In the insurance world you will see universal life insurance being used more in advanced estate planning after other tax - free / tax deferred options (like 401ks, IRAs, etc...) have been maxed out and customers are seeking ways to maximize their money in a tax deferred way to help minimize current tax obligations that can't be gained using other forms of investment vehicles.

Life insurance rates just like any other form of insurance are strictly regulated by law.

Remember that term life insurance is going to be much cheaper than other permanent forms of life insurance like whole life.

We usually like to steer people away from simplified issue life insurance or other policy types where you don't need an exam to get covered, because you're paying for that convenience — literally — in the form of much higher monthly premiums.