Sentences with phrase «most other types of life insurance»

Although the premiums on these plans are typically higher than they are on most other types of life insurance plans, those who possess adverse health conditions can still obtain life insurance coverage with pre existing conditions — so this can provide a great deal of peace of mind to those who would otherwise not qualify for life insurance benefits.
In its most basic sense, funeral insurance actually works in a similar fashion to most other types of life insurance in that a person pays a premium to an insurance company in exchange for the payment of a death benefit to a named beneficiary in the case of the insured's death while the policy is in force.
In many ways, Final expense insurance — which is also oftentimes referred to as funeral insurance or burial insurance coverage — works like most other types of life insurance in that, in exchange for a premium payment, a death benefit will be paid out to a named beneficiary (or beneficiaries).
Typically, final expense life insurance is offered at a lower amount of premium than most other types of life insurance coverage.
Although the premiums on these plans are typically higher than they are on most other types of life insurance plans, those who possess adverse health conditions can still obtain life insurance coverage with pre existing conditions — so this can provide a great deal of peace of mind to those who would otherwise not qualify for life insurance benefits.

Not exact matches

«Participating life insurance» is only possible with a cash value life insurance policy as distinguished with other types of life insurance that do not accrue cash value such as convertible term life insurance or most guaranteed universal life insurance policies.
In reality, most people who are seriously considering a guaranteed universal life policy for securing a permanent death benefit should probably forget about the other types of universal life insurance and focus on a comparison with traditional whole life insurance.
While some pundits and financial entertainers such as Dave Ramsey tend to bash this type of life insurance as too expensive, other experts pinpoint whole life insurance as the most immune from speculative market risks AND the source of massive wealth accumulation for many of America's top banks and corporations.
Like other types of cash value life insurance policies which allow policy loans, most annuity contracts allow owners to borrow against the annuity contract's accumulated cash value.
Variable Life is the most expensive type of permanent, cash value life insurance you can buy because it allows you to direct a portion of your premium into stocks, bonds or other «variables» in the company's portfoLife is the most expensive type of permanent, cash value life insurance you can buy because it allows you to direct a portion of your premium into stocks, bonds or other «variables» in the company's portfolife insurance you can buy because it allows you to direct a portion of your premium into stocks, bonds or other «variables» in the company's portfolio.
Banks are prohibited from selling most types of insurance in their branches other than life and disability insurance on credit products.
Fixed annuities also pay life insurance agents the most money in commissions per buck invested, compared to every other type of non-life insurance financial product a financial salesperson can sell today - except variable annuities.
In many ways, indexed universal life insurance works in a similar fashion as most other types of coverage in that the policy holder pays their premium, and the net premium is then applied to the actual life insurance death benefit.
Other types of policies available to smokers are 30 year level term insurance, which keeps your premiums level for the entire 30 year term period, and the two most popular types of permanent insurance, which are whole life insurance and universal life insurance.
However, the downside to guaranteed life insurance is that it is the most expensive type of policy available which may not be suitable if there are other types of coverage that you may qualify.
While Washington term life insurance is the most common there are situations where people decide to get other types of life insurance.
While the most affordable type of life insurance coverage will vary from individual to individual, for the most part term life insurance tends to be much less expensive than other popular types of policies.
On the other hand, term insurance provides coverage for a specified amount of time.There are different types of term life insurance, but the most common is level term.
Everything from their application, to their underwriting process, to the types of coverage they offer, is in the traditional tradition and is similar to most other life insurance companies.
Final expense insurance is most often a type of permanent life insurance used to cover medical costs and other end - of - life expenses, most often funeral and burial costs including services, items (like a casket and hearse), and / or cremation.
Because of its low cost, relative to other types of life insurance, term life continues to be the most popular life insurance choice.
Generally, term life insurance provides the best bang for the buck protection compared to other types of policies and makes the most sense if you're looking to ensure your family is protected in the event of your death.
Due to the heavily saturated advertising of Term life insurance on the internet, television and radio, most people don't even consider any other type of life insurance products that are available on the market.
It is described as the most flexible among the other types of life insurance these days.
Although there are several different types of life insurance policies that are available on the market today, most life insurance policies share some common components — regardless of the other varying features and benefits.
When compared to other types of life insurance policies, such as level term insurance, ART is a far less common choice because most people don't like the rising premiums each and every year.
Additionally, most guaranteed life insurance policies are going to be priced at a higher premium than you would find with other more traditional types of life insurance which require the applicant to be able to qualify based on their health.
This is because, just like with most any other product or service that you may buy, the price that is charged for life insurance coverage can often differ — sometimes quite substantially — from one insurance carrier to another, even for the same type and amount of policy.
Most guaranteed issue life insurance policies will require you to be at least 50 years of age, will only provide up to around $ 25,000 in coverage and... tend to cost more «dollar for dollar» than other types of life insurance policies.
In reality, most people who are seriously considering a guaranteed universal life policy for securing a permanent death benefit should probably forget about the other types of universal life insurance and focus on a comparison with traditional whole life insurance.
A term or permanent life insurance policy, on the other hand, typically covers most types of deaths when your beneficiary submits a claim and produces the death certificate.
While there are many different types of life insurance that can be used to fund a special needs trust, universal life can provide a certain amount of flexibility that most other forms of coverage can't.
While some pundits and financial entertainers such as Dave Ramsey tend to bash this type of life insurance as too expensive, other experts pinpoint whole life insurance as the most immune from speculative market risks AND the source of massive wealth accumulation for many of America's top banks and corporations.
In most cases, mortgage life insurance is more expensive than other types of policies for the amount of coverage you get.
«Participating life insurance» is only possible with a cash value life insurance policy as distinguished with other types of life insurance that do not accrue cash value such as convertible term life insurance or most guaranteed universal life insurance policies.
This type of insurance policy typically is less expensive than other forms of life insurance, as the employer often covers most or all of the premium.
You are most likely to be required to carry renters insurance if you live in an apartment building or other type of multi-unit rental.
Variable Life is the most expensive type of permanent, cash value life insurance you can buy because it allows you to direct a portion of your premium into stocks, bonds or other «variables» in the company's portfoLife is the most expensive type of permanent, cash value life insurance you can buy because it allows you to direct a portion of your premium into stocks, bonds or other «variables» in the company's portfolife insurance you can buy because it allows you to direct a portion of your premium into stocks, bonds or other «variables» in the company's portfolio.
When examining two of the most popular types of insurance in the country (homeowners insurance, business insurance, life insurance and car insurance), it's easy to see that for folks in South Dakota, insurance is much less of a burden than it is in other states.
This advice is based on the idea that term life insurance is the best choice for most individuals because it is the least expensive type of life insurance and leaves money free for other investments.
The second major disadvantage to most guaranteed issue life insurance policies is that when you compare them to other «more traditional» types of life insurance policies, they tend to cost more «dollar for dollar».
The most common use for decreasing term life insurance is to cover a mortgage or other type of loan.
Life insurance, (particularly term life insurance, which is the most affordable type of life insurance) helps give you the peace of mind that those left behind will have the funds to live comfortably without depleting retirement savings or asking for financial help from othLife insurance, (particularly term life insurance, which is the most affordable type of life insurance) helps give you the peace of mind that those left behind will have the funds to live comfortably without depleting retirement savings or asking for financial help from othlife insurance, which is the most affordable type of life insurance) helps give you the peace of mind that those left behind will have the funds to live comfortably without depleting retirement savings or asking for financial help from othlife insurance) helps give you the peace of mind that those left behind will have the funds to live comfortably without depleting retirement savings or asking for financial help from others.
Whole life insurance and universal life insurance policies are the most popular form of life insurance even though they're more expensive than other types of coverage.
Term life insurance is more affordable than other types of insurance because most people out live their coverage.
Guaranteed universal life insurance policies are a common choice for estate attorneys, bankers, and financial planners because they are less expensive than other types of «permanent» life insurance, and most companies will offer at least $ 5,000,000 of coverage.
This is the most common reason cited for choosing term life insurance over other types of insurance that can also provide an investment provision.
Variable universal life policies tend be more expensive than most types of life insurance, but no other life insurance policy offers such functionality.
This is the most affordable type of permanent life insurance, but it is also much more limited than any other life insurance policy.
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