Sentences with phrase «of life insurance purchased»

The amount of premium payable is determined primarily by the amount of life insurance purchased and the risk factors (age, medical history, etc) of the person to be insured under the policy.

Term life insurance is the most popular type of life insurance purchased because it offers the most life insurance protection at the lowest cost.

The most common type of life insurance purchased for a non-working spouse is term life insurance because it provides the largest death benefit for the lowest monthly cost.

Term life insurance is the most popular type of life insurance purchased because it offers the most life insurance protection at the lowest price.

It is the amount of life insurance you purchased.

The type of life insurance purchased most often by working age people is Term insurance.

The advantage of life insurance purchased through an Irrevocable Life Insurance Trust is that the death benefit will not be subject to estate tax.

The most common type of life insurance purchased for an SBA loan is term life insurance.

Term life insurance is the least expensive and most common type of life insurance purchased for an SBA loan.

The chart below with 2015 data shows the major and minor reasons at to why owners of life insurance purchased it in the first place.

The process for buying life insurance depends, partly on the type of life insurance purchased.

Your life insurance premium depends on such personal risk factors as: the amount of life insurance purchased, whether you have used tobacco products, your age and your gender, and your answers to a few brief questions regarding your medical history.

The concept is all about discounts that are given to batches of life insurance purchased.

The amount of life insurance purchased and the term length purchased often are decided based on how much cash a family may require to live on after your death, how much cash will be needed to pay off debts so that a survivor could support the family and more.

By far, the most common type of life insurance purchased is on a single individual.

Paid - Up Additions Amounts of life insurance purchased either by policy dividends or by additional premium, and added to the original life insurance policy to increase the death benefit and cash values.

Low cost Term life insurance is by far the most common form of life insurance purchased in America.

Sixty - seven percent of Millennials use comparison / quoting websites as part of the life insurance purchase process, compared with 45 percent of Gen X and 28 percent of Boomers.

To become a Foresters member, you can apply as part of your life insurance purchase.

Regardless of the type of life insurance you purchase, all types leave a death benefit to family members based on the amount of coverage selected.

This is one of the most important parts of the life insurance purchasing process.

If you die prematurely, your loved ones will definitely see the importance of your life insurance purchase.

Premiums can be based on factors such as age, gender, medical history and the dollar amount of the life insurance you purchase.

The premium amount is based on factors such as your age, gender, medical history, and the dollar amount of life insurance you purchase.

If you are married or have children, you should increase the amount of life insurance you purchase.

The premium amount is based on factors such as your age, gender, medical history, and the value amount of life insurance you purchase.

As noted above, the type of life insurance you purchase is based largely on your personal preference, family situation, and finances.

There are many more questions that a life insurance agent ask you, but these are three very basic points that make a big difference in the type and volume of life insurance you purchase.

Since 41 percent of all life insurance purchases are event - related, here are a few life - changing events that will likely cause you to consider buying a policy.

To become a Foresters member, you can apply as part of your life insurance purchase.

Depending on the type of life insurance you purchase, you may build up cash value inside your policy from which you can take a loan in the future, if needed.

The amount of life insurance you purchase depends on how many dependents you have and their ages.

Not exact matches

Regardless of success or failure, Ryan is living his own truth by having the courage to do something bold, to step outside his own comfort zone - he has purchased his own regret insurance.

France's AXA says it will spend $ 15.3 billion on buying New York - listed insurer XL Group and speed up its plans to spin off its American life insurance business — the IPO would give it $ 6 billion to help fund the XL purchase, with the rest coming in the form of cash and debt issuance.

You will also need the more costly cash value policy if you purchase life insurance for the purpose of leaving a charitable legacy, Simmonds said.

Parents of a disabled child who will need ongoing support such as medical care or assisted living, however, will need to purchase cash - value insurance, advised James Hunt, a life actuary for the Consumer Federation of America and founder of website Evaluatelifeinsurance.org.

Although MDY's owners each have nearly $ 1 million worth of life insurance for their family's protection, financial adviser Adams urged them to purchase an equivalent level of key - man coverage for the company.

The Centers for Medicare and Medicaid Services (CMS) has issued new rules that will make it more difficult for consumers to purchase insurance on Obamacare's marketplaces outside of its set enrollment period (Obamacare allows «special» enrollment periods for people who have experienced a major life event).

But while the total number of U.S. life insurance policies — bought by both private citizens and employers — is shrinking, standard life plans are still among the most popular form of coverage purchased.

The death benefit of a whole life insurance policy stays the same for the life of the policy, unless you purchase additional coverage, and often ranges from $ 50,000 to several million dollars (similar to level term).

(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 means that you can purchase a significant amount of accidental death insurance for a much lower premium than you would pay for a traditional life insurance policy.

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

But if you're self - insuring by purchasing a health plan on the health insurance marketplace you could be looking at monthly costs in excess of $ 400 depending on where you live.

And you can purchase term life insurance coverage for a term of up to 35 years.

Before purchasing a variable universal life insurance policy, you should carefully consider the investment objectives, risks, charges, and expenses of the policy and its underlying investment choices.

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.

With term life insurance, however, the policy is purchase for a set period of time.

Annual renewable term life insurance (ART) is a type of term life insurance policy that allows you to purchase one year of coverage at a time.

One of the key differences to understand is that while you can purchase much more term life insurance than permanent insurance for your money, if you don't die during the term, your favorite charity won't receive any death benefit.