Sentences with phrase «on these types of life insurance policies»

As a senior over 70, there are very few limitations on the types of life insurance policies available to you.

Depending on the type of life insurance policy, you may also be required to take a physical exam, which could include a drug test.

Your premium may increase: Depending on the type of life insurance policy that you buy, don't be surprised if your insurer increases your premium.

As a senior over 70, there are very few limitations on the types of life insurance policies available to you.

Depending on the type of life insurance policy you're applying for, you should be prepared to answer several questions regarding your past and current health, occupation and lifestyle.

Because there is no medical exam, the premium that is charged on these types of life insurance policies is typically higher than those that are medically underwritten.

If you have paid premium for more than three consecutive years, then a surrender value could be payable to you — depending on the type of life insurance policy.

In addition, the suicide exclusion may depend on the type of life insurance policy, how long the life insurance has been in effect, and what riders are on the life insurance policy that may add or remove coverage.

Looking for more info on this type of life insurance policy but not sure about it just yet?

As a senior over 70, there are very few limitations on the types of life insurance policies available to you.

Without an agent to assist you and answer your questions, it can be very difficult to decide on the type of life insurance policy that is best for you.

Depending on the type of life insurance policy you have, you may also be able to use the plan as a financial vehicle to build up tax deferred savings.

Again, it depends on the type of life insurance policy.

The age at which life insurance premiums increase, IF they increase, depends on the type of life insurance policy you own.

The annual price you pay for coverage depends on the type of life insurance policy and the amount of coverage provided by your policy.

You should not depend only on these types of life insurance policies.

Depending on the type of life insurance policy, if a premium is due there is a grace period while payment can still be made to keep the policy in force.

The financial impact of your riskiness will depend on the type of life insurance policy you are applying for.

Not exact matches

Many types of permanent life insurance policies increase in value over time based on interest rates.

In later life stages, permanent life insurance may offer, depending on the type of policy, the opportunity to accumulate cash value on a tax - deferred accrual basis, money that can be used for diverse needs.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

According to the National Association of Insurance Commissioners (NAIC), mortgage insurance lenders pay out only about 40 cents in benefits for every dollar spent by consumers on this type of policy, while it is 90 cents on the dollar paid out to consumers with regular term life insuranceInsurance Commissioners (NAIC), mortgage insurance lenders pay out only about 40 cents in benefits for every dollar spent by consumers on this type of policy, while it is 90 cents on the dollar paid out to consumers with regular term life insuranceinsurance lenders pay out only about 40 cents in benefits for every dollar spent by consumers on this type of policy, while it is 90 cents on the dollar paid out to consumers with regular term life insuranceinsurance policies

The extensive insurance advice provides a variety of information on topics including auto insurance, home / renters insurance, health insurance, and life insurance - offering easily accessible articles revealing tips on topics such as buying insurance, insurance policy questions, amounts and types of insurance coverage, addressing complaints, and claims.

There are several types of permanent life insurance policies to choose from, each of which can be customized based on your goals.

The key is to gain the education needed to make an informed decision on the type of policy that is best for you before you decide to buy life insurance.

But within that framework are different types of life insurance policies, ranging from fully underwritten, to automated accelerated underwriting, no exam, simplified issue, on down the line to guaranteed issue.

With an Indexed Universal Life policy you have the ability to pay more or less each month (there is a minimum to cover fees, and a maximum based on the MEC limit) but the policy has much more premium flexibility than the other types of life insurance policies in the marLife policy you have the ability to pay more or less each month (there is a minimum to cover fees, and a maximum based on the MEC limit) but the policy has much more premium flexibility than the other types of life insurance policies in the marlife insurance policies in the market.

From a strategic standpoint, the popularity of cash value life insurance stems from its ability to both provide insurance protection and grow funds on a tax - deferred basis — interest and earnings in policies of this type are not taxable unless a triggering event occurs, such as surrendering the policy.

The following life insurance riders from American General are not available on all types of policies.

This is a greatly simplified example: The numbers will vary significantly depending on the life insurance company, the type of policy you purchase and, in some cases, current interest rates.

The details vary depending on the type of policy you have and each individual life insurance company.

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Rather than deep diving into the various types of life insurance policies, this article will keep a more general focus on the idea of accruing cash within a policy.

Whether or not we define life insurance as an asset will depend on what type of policy we are referring to.

The following life insurance riders from Prudential Financial are not available on all types of Pruco Life Insurance Company policlife insurance riders from Prudential Financial are not available on all types of Pruco Life Insurance Company insurance riders from Prudential Financial are not available on all types of Pruco Life Insurance Company policLife Insurance Company Insurance Company 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.

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For example, flood insurance and earthquake insurance are both separate types of policies, which may be desirable depending on where you live.

The amount, type of insurance and the duration of your life insurance policy will depend on your family situation, your financial goals and your health.

Depending on your unique situation, this article provides options to make sure that you become matched with the type of life insurance that meets your needs, whether that's term life insurance, whole life insurance or a combination of policies.

We can also show you how the quoting process works, and give more focus on the details such as what type of life insurance policy is right for you, how much death benefit coverage you need for your survivors and their needs, and which of the many available life insurance carriers will be able to serve you best.

See our Life Insurance guide for more on an alternative type of life cover polLife Insurance guide for more on an alternative type of life cover pollife cover policy.

The process flow for getting life insurance is largely the same no matter what type of policy you get, but the exact time frame each step takes depends on a number of factors.

In addition to the life insurance coverage that is provided with a permanent plan, this type of policy will also include a cash value component where cash can accumulate on a tax deferred basis over time.

There are many different types of life insurance policies on the market today.

Many people forget about life insurance when calculating their assets, but depending on the type of life insurance and the value of the policy, it can count as an asset.

Universal life insurance, on the other hand, is a type of insurance that is more fluid since it combines term insurance with an investment in the money market as preferred by the policy holder or advised by the insurance company.

Many of the best term life insurance policies offer options called riders, which can be added on to your existing policy or be purchased separately (depending on the rider type).

That being the case, it's very important that you understand the different types of no medical life insurance policies that are out there, as well as their limitations, before you make the leap and sign on the dotted line.

Just as with the cash value component of other types of life insurance policies, the funds that are in the investment component of a variable insurance plan are allowed to grow on a tax - deferred basis, meaning that the money will not be taxed until the time of withdrawal.