Sentences with phrase «of ordinary whole life»

The family package policy consists generally of some level of ordinary whole life insurance on the principal breadwinner, half that amount in term insurance on the spouse, and about half that amount again of term insurance on each of the children.

The death benefit of an ordinary whole life policy remains level from the date of purchase, usually, right up until age 100.

Not exact matches

They forgot that they were all creatures of God, who chose to seek welcome in the midst of an unsettled country, to build a dwelling place with the lives of ordinary people, to make whole the earth by seeding it with heaven.

The whole of life, therefore, every ordinary and everyday moment of it, every choice that we make, is charged with the significance of an eternal either / or.

And it is not only exceptional figures but countless ordinary people whose lives have been deeply touched by the daily recitation of the Psalms across the whole spectrum of liturgies.

In his commentaries on the Upanisads, Shankara referred to «the knowability of the Unknowable» and to «the whole real - unreal course of ordinary life.»

Unlike the noble souls who apparently find satisfaction in pursuing purposes in the certain knowledge that the whole universe is purposeless, he is oppressed with the futility of an ordinary human life.

«Anger has been fuelled further by a perception that ordinary citizens are subject to restrictions in their own working lives which were not being applied in the same way to MPs, and by the reluctance of the House of Commons as a whole to recognise the need for reform until forced to do so.»

Until the party and its leadership can admit to the mistakes made in government, or to the lack of courage shown in not tackling the clear problems that prevent ordinary people from enjoying the sort of life that the middle classes take for granted, then I fear a whole swathe of Labour supporters will simply choose not to vote Labour, whatever promises are made at the next election (this is essentially ditching the last vestiges of New Labour I suppose).

As all the living forms of life are the lineal descendants of those which lived long before the Cambrian epoch, we may feel certain that the ordinary succession by generation has never once been broken and that no catechisms has desolated the whole world.

What parents on the whole want is good education and socialization into the ordinary values and decencies of life.

Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.

Whole Life Insurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawLife Insurance Definition: also known as ordinary life insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawlife insurance, it is a type of permanent life insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawlife insurance policy that offers a guaranteed death benefit, guaranteed fixed premium, guaranteed cash value and guaranteed access to the policy's cash value through loans and withdrawals.

Permanent life insurance, also called whole or ordinary life, is the most common type of permanent policy.

Increased IRR: limited pay policies may also create a better internal rate of return (IRR), providing superior long - term growth in comparison to ordinary whole life that you pay premiums on until you die.

Life insurance dividends are the heart and soul of whole life and can turn an ordinary whole life policy into an efficient, cash generating machLife insurance dividends are the heart and soul of whole life and can turn an ordinary whole life policy into an efficient, cash generating machlife and can turn an ordinary whole life policy into an efficient, cash generating machlife policy into an efficient, cash generating machine.

As perhaps one of the most popular types of permanent life insurance, whole life, also known as ordinary life insurance, is a policy that provides lifelong coverage and will only come to an end after the death of the insured.

Within those two main categories are various other types of policies designed to work in various ways which include universal life and traditional ordinary whole life policies.

For these folks diagnosed with a condition, like Type 1 diabetes or type 2 diabetes diagnosed at a young age, or some type of congenital heart defect, or one of a hundred other such pre-existing conditions, it may make more sense to lock into a whole life insurance policy when given the chance, rather than take the risk of never being able to qualify for ordinary life insurance again later on in life.

Level Premium Whole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insuWhole Life Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurLife Insurance (sometimes referred to as «ordinary whole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insuwhole life») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurlife») provides a lifetime death benefit and level premiums for the life of the policy (until the death of the insurlife of the policy (until the death of the insured).

When referring to your typical «Whole Life» it is typically referred to an ordinary level premium whole life instead of the other types of life long poliWhole Life» it is typically referred to an ordinary level premium whole life instead of the other types of life long policLife» it is typically referred to an ordinary level premium whole life instead of the other types of life long poliwhole life instead of the other types of life long policlife instead of the other types of life long policlife long policies.

Ordinary term or whole life insurance provides comprehensive coverage for any cause of death (other than suicide in the first two policy years) including accident or sickness.

Of the three main types of permanent insurance policies, whole (or ordinary) life provides the least flexibility, but the most predictable results and the lowest risOf the three main types of permanent insurance policies, whole (or ordinary) life provides the least flexibility, but the most predictable results and the lowest risof permanent insurance policies, whole (or ordinary) life provides the least flexibility, but the most predictable results and the lowest risk.

Since the money you pay into the policy belongs to you, you can even borrow against your whole life policy without going through a credit check, putting up collateral or any of the hassles associated with ordinary loans.

Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity whole of life assurance (in the Commonwealth of Nations), sometimes called «straight life» or «ordinary life,» is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.

Once you understand the major components of ordinary life insurance, you'll know we're speaking of products like universal life insurance, indexed universal life insurance, variable life insurance, and whole life insurance (including survivorship policies).

Ordinary whole life policies have level premium payments that remain the same for the life of the insured.

However, if a whole life type of policy with the cash value component (a kind of «forced savings») seems attractive, one must decide between ordinary, level premium coverage and flexible payment universal life coverage.

A whole life insurance also known as «straight life» or «ordinary life» insurance, is not just an investment for your future alone, but also for the future of your family.

While ordinary life insurance policies, also called whole life, may be too expensive for many younger people, term life insurance offers people the ability to take care of their families for a very low, affordable monthly premium.

Since the premiums are paid over a shorter span of time, the premium payments will be higher than under the ordinary whole life plan.

An indeterminate premium whole life policy is similar to ordinary whole life plan of insurance except that it provides for adjustable premiums.

As perhaps one of the most popular types of permanent life insurance, whole life, also known as ordinary life insurance, is a policy that provides lifelong coverage and will only come to an end after the death of the insured.

Increased IRR: limited pay policies may also create a better internal rate of return (IRR), providing superior long - term growth in comparison to ordinary whole life that you pay premiums on until you die.

There are a number of different types of permanent insurance policies, such as whole (ordinary) life, universal life, variable life, and variable / universal life.

Ordinary level premium whole life insurance has level premium payments for the duration of the policy, typically until age 100.

Few will actually realize that when applying for an ordinary whole life or term life insurance policy, the insurance underwriters are going to be very interested in the type of hemophilia that they have and will often underwrite their applications quite differently based on this information.

Reason No. 1: Adjustable life is indicated whenever insureds need or desire greater flexibility over time in life insurance coverage, need or want guaranteed protection, and prefer the forced savings feature of ordinary level premium whole life insurance.

D. Check the age to which a convertible policy may be converted to ordinary whole life at attained age without evidence of insurability.

F. Check whether the conversion clause permits the client to convert the policy to an ordinary whole life policy with the waiver of premium rider without evidence of insurability.

When the need is long - term but cash flow is currently insufficient to buy the needed coverage using higher premium ordinary whole life — Parents in younger families often have major long - term support obligations for their young children and spouses, have committed expenses that already strain the family's budget and, therefore, simply can not afford the premiums necessary to buy the amount of coverage they need to protect their families using ordinary whole life insurance.

Advantage No. 2: Similar to ordinary level premium whole life policies, once a policyowner has chosen a premium payment plan, the policy has an element of forced saving until the policyowner requests a change in the premium payment plan.

In addition to the bundled nature of its policy elements, adjustable life has all the usual features of ordinary level premium whole life insurance including:

In general, it is worth it to pay higher premiums to acquire a policy with more liberal rules regarding conversion to an ordinary whole life policy with the waiver of premium rider.

Permanent life insurance, also called whole or ordinary life, is the most common type of permanent policy.

There are many types of whole life policies, but the oldest and still the most common type of whole life policy is ordinary level premium whole life insurance, or simply ordinary life.

One can view ordinary level premium whole life mathematically (but not legally) as a combination of decreasing term insurance and increasing «savings fund.»

Under this option, the policyowner is essentially converting what is an ordinary level premium whole life policy into a form of increasing premium limited pay policy.

Once again, the types of changes that would jeopardize favorable MEC status are unlikely to arise with ordinary level premium whole life policies.

If the term «whole life» is used alone, it is generally accepted that the reference is to ordinary level premium whole life as opposed to any other type of lifelong policy.