Sentences with phrase «of flexible death benefit»

Another feature of flexible death benefit is the ability to choose option A or option B death benefits and to change those options over the course of the life of the insured.

Not exact matches

Universal life insurance is a flexible type of permanent life insurance policy in which the death benefit and premiums can be adjusted as your circumstances change.

This new generation of indexed universal life insurance is... Built to be flexible: Lifetime Builder Elite is the next generation in indexed universal life (IUL) insurance, providing a cost - effective option for death benefit protection while offering the opportunity for significant interest crediting potential.

The amount of death benefit you choose is also very flexible; you can buy anything from a $ 5,000 policy to a $ 1,000,000 policy or more.

While death benefits are often designated for funeral expenses and income replacement, life insurance is a very flexible type of coverage that can be used in numerous ways.

Variable Universal Life Insurance is a type of permanent life insurance which provides a death benefit in exchange for flexible premiums.

This fixed index annuity offers the same traditional fixed annuity benefits such as guaranteed minimum interest and death benefits, flexible retirement income options, and tax - deferred * earnings, but has the added feature of a 2.5 % or 5 % bonus to give your contract value an instant boost.

Variable Universal Life insurance is a type of permanent life insurance which provides a death benefit in exchange for flexible premiums.

A comprehensive and flexible group term life insurance plan that includes a death benefit as well as the option of paying premiums in monthly instalments or as annual premiums.

Offered through The Independent Order of Foresters, SMART Universal Life Insurance provides flexible permanent coverage with both a death benefit and cash value growth.

A truly flexible product, index universal life insurance combines the death benefit of traditional life insurance with the ability to accumulate cash value over time.

Accumulator Universal Life — Also provides you with a cash value and death benefits but has the added advantage of allowing you to make flexible premiums.

-- Also provides you with a cash value and death benefits but has the added advantage of allowing you to make flexible premiums.

Universal life provides a death benefit, and cash value build up, however, these policies are more flexible than whole life, as the policyholder may (within certain guidelines) alter the timing and the amount of the premium payment.

Moreover, the face amount of death benefit is also flexible and you can increase or decrease it with regard to your current financial opportunities.

This life insurance plan provides a death benefit if you should die, as well as tax - deferred growth of your account value, growth linked to a formula based on changes in an equity - index, flexible premium options, a variety of riders and waivers, and two death benefit options.

These policies are more flexible than whole life, however, as the policyholder — within certain guidelines — may choose the amount of premium that goes towards the death benefit and the amount that goes into the cash value.

However, universal life is thought of as being more flexible than whole life because the policy holder has more control over when the premium due date is, as well as how much of the premium goes towards the death benefit, and how much goes towards the policy's cash value (within certain guidelines).

In addition, with the flexible death benefit, if you start out thinking you need a lot of coverage, but later decide less is more, then you can adjust your policy death benefit down to something more in line with your budget, rather than having to cancel and try and get a new policy.

These plans are considered to be flexible, as the insured can change — within certain guidelines — how much of the premium goes into the cash component, and how much goes into the death benefit.

Offers flexible death benefits, as well as flexible premiums (as long as the cash value of the policy is adequate)

Variable Life Insurance (VL) is a permanent Life Insurance plan that provides flexible premiums and death benefits dependent on the value of the separate accounts from the company's investment portfolio underlying the policy.

With a flexible premium and cash values that can grow based on the rise of a stock index or guaranteed interest rate, universal life insurance policies offer a tool for both death benefits and cash value accumulation.

With the Flexible Care Benefit Rider from State Farm Life Insurance Company (Not licensed in MA, NY or WI), when you become chronically ill and are eligible to receive benefits, you can access a portion of the policy's death benefit everyBenefit Rider from State Farm Life Insurance Company (Not licensed in MA, NY or WI), when you become chronically ill and are eligible to receive benefits, you can access a portion of the policy's death benefit everybenefit every month.

In addition, Flexible Premium UL may offer a number of different death benefit options, which typically include at least the following:

Variable Universal Life Insurance is a type of permanent life insurance which provides a death benefit in exchange for flexible premiums.

Variable Universal Life insurance is a type of permanent life insurance which provides a death benefit in exchange for flexible premiums.

The universal portion means that premiums are flexible and the components of the life insurance policy (death benefit, savings element and premium) can be altered throughout the contract.

The amount of death benefit you choose is also very flexible; you can buy anything from a $ 5,000 policy to a $ 1,000,000 policy or more.

Voya Indexed Universal Life - Protector (Voya IUL - Protector) is a flexible premium adjustable universal life insurance policy that offers a death benefit to the beneficiaries of the policy and may be purchased to meet life insurance needs.

This type of policy is considered to be more flexible than whole life, though, because the policy holder may choose — within certain parameters — how much of the premium will go towards the policy's death benefit, and how much will go into the cash value.

Variable Universal Life Insurance — Another type of permanent coverage, variable universal life insurance, provides a death benefit, along with flexible premium payments, and the ability to build cash value over time.

Universal life insurance is another form of permanent life insurance that also provides you with permanent protection but also gives you the chance to be flexible with your premiums and death benefit.

While universal life, or UL, policies offer a death benefit and cash value build up, these types of plans are also considered to be more flexible than whole life.

Voya Indexed Universal Life - Accumulator (Voya IUL - Accumulator) is a flexible premium adjustable universal life insurance policy that offers a death benefit to the beneficiaries of the policy and may be purchased to meet your life insurance needs.

Voya Indexed Universal Life — Protector NY (Voya IUL - Protector NY) is a flexible premium adjustable universal life insurance policy that offers a death benefit to the beneficiaries of the policy and may be purchased to meet life insurance needs.

One of the two types of «permanent» life insurance, universal life, is sometimes guaranteed (will not fluctuate), but most of the time it has flexible premiums, death benefits, etc..

Same flexible premiums and death benefit as other universal life products with addition of sub-accounts which may grow based on specific performance of stock, bond, or money market accounts.

When purchasing a flexible premium universal policy for key man purposes, the primary objective is to provide a tax deferred cash accumulation vehicle for retirement income with a death benefit that can be paid to the key executive's family in the event of their death.

So, Variable Universal Life Insurance can provide you with a choice of underlying investment accounts, flexible premiums and adjustable death benefit.

This type of coverage offers a flexible death benefit option, as well as the ability to earn interest in the cash component that is based on a variety of crediting methods and index allocation options.

These plans provide death benefit protection and a cash value component, but they are considered to be more flexible, as the policy holder (within certain guidelines) may be able to change the frequency and the amount of the premium.

A more flexible version of variable survivorship life insurance called «variable universal survivorship life insurance» allows the policyholder to adjust the policy's premiums and death benefit during the policy's life.

Variable Universal Life Insurance — Variable universal life insurance offers flexible death benefit coverage, along with growth potential in the cash value component of the policy.

Universal life is another, more flexible type of permanent policy, allowing the policyholder to increase or decrease the death benefit at any time, and decide how much or little to pay in premiums, within limits set by the company.

In the case of whole life policies, where the death benefit and cash value structure is less flexible, there's no way to take a non-taxable withdrawal from the policy, nor to just reduce the death benefit; however, it is possible to engage in a «partial surrender» of the policy, which liquidates a portion of the policy, returns a portion of the cash value, and reduces the death benefit accordingly.

Universal Life offers a variety of flexible options when it comes to premiums, death benefits, and cash value accumulation.

Offered through The Independent Order of Foresters, SMART Universal Life Insurance provides flexible permanent coverage with both a death benefit and cash value growth.

A truly flexible product, index universal life insurance combines the death benefit of traditional life insurance with the ability to accumulate cash value over time.

This coverage is considered to be more flexible than whole life insurance coverage, however, because the policyholder can decide how much of the premium goes into the cash value component of the policy and how much goes towards the death benefit (within certain parameters).