Sentences with phrase «only type of life insurance policy»

Term Life insurance is a benefit only type of life insurance policy.
So... if your patients are currently in hospice, we're not sure if this would be much help to them, and unfortunately, this is the only type of life insurance policy that we would have for them.
If your policy doesn't cover All Causes, you probably have an accidental death policy which should not be your only type of life insurance policy.
Term Life insurance is a benefit only type of life insurance policy.

Not exact matches

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
Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the policy.
This type of policy is good to consider if you're interested in not only the benefits of life insurance coverage, but also using the cash value as an investment vehicle to diversify your portfolio.
The company offers three types of whole life insurance policies, the only difference being the period of time during which you pay for coverage:
«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.
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.
This type of policy will pay out only a very limited benefit during the first few years the policy is in force, and then convert to a fully payable term life insurance policy for the remainder of the term.
For that reason, we typically recommend this type of policy only to people who can't qualify for traditional life insurance, due to poor health or questionable lifestyle habits.
One type of policy, offers only temporary coverage is usually sold as Term Life Insurance.
In most instances, a permanent type of life insurance, such as whole life or a guaranteed universal life policy, will be the only option available.
For that reason, we typically recommend this type of policy only to people who can't qualify for traditional life insurance, due to poor health or questionable lifestyle habits.
One type of policy, offers only temporary coverage is usually sold as Term Life Insurance.
Not only are there different types of life insurance to choose from, each policy has elements to it that should be carefully considered.
Make sure you understand how life insurance works before you buy a policy and watch for types of insurance that may only pay when you are in an accident.
Because they only offer a single policy, then one potential drawback is that the company does not offer any other type of life insurance.
Work Term Life 65 — This type of Term policy, which is only available through Prudential life insurance, allows you to buy at any age and will cover you specifically to ageLife 65 — This type of Term policy, which is only available through Prudential life insurance, allows you to buy at any age and will cover you specifically to agelife insurance, allows you to buy at any age and will cover you specifically to age 65.
The only downside to these types of Massachusetts life insurance policies is that they can be very expensive.
For that reason, we only like to recommend this type of policy to people who can't qualify for traditional life insurance, due to poor health or questionable lifestyle habits.
As a «Buy Term Invest The Difference» type of company, Primerica only sells term life insurance and actively campaigns against other types of permanent policies like universal life and whole life.
These types of mortgage protection life insurance policies were not suitable for interest - only mortgages.
There are broadly three types of insurance policies — one that addresses only the risk on your life; second, that offers you a combination of risk protection and savings and lastly a mix of risk protection and investments.
Term life insurance is often considered a type of temporary policy because it is designed to cover you only for a specific «term» or period of time.
At Policy Bazaar we not only shall provide you health related insurances but also will give you suggestions as to how you can go about purchasing other types of insurances such as a car, travel, life, etc..
While mortgage life insurance works in much the same manner as a regular life insurance policy does, with the payout of death benefits upon death of an insured, in many instances, these types of policies will only require a minimal amount of underwriting for approval.
With term life insurance, there is death benefit coverage only, without any type of cash value or savings build up — and because of that, term life insurance can often be much more affordable than a comparable permanent life insurance policy option (with all other factors being equal).
A lesser used permanent type and often reserved for the senior life insurance market, a survivorship universal life policy is one of only two kinds of permanent death benefit that spreads across the lives to two individuals, not one.
Term life insurance provides only a death benefit, without any type of cash or investment build - up within the policy.
Key man insurance is a form of term life insurance, as most policies of this type are only valid for as long as the employee remains with the company.
There are only two types of policies you can buy once you reach age 81 to age 85, which are 10 year term (sorry, 15 year is no longer available at this age), and whole life insurance.
The only problem with these types of life insurance policies is that they will also contain a «graded death benefit» which will state that the insured must stay alive for a certain amount of time (typically 2 - 3 years) prior to their policy covering «natural» causes of death.
Whole life insurance is one of those types of policies where you can not only protect your family from your death, but you can also build up cash value for retirement.
Now if you do need to buy a permanent life insurance protection there is only one type of a universal life insurance policy we recommend, known as a no lapse universal life.
Term life insurance is the right type of policy for your needs while guaranteed acceptance should only be taken if the conditions are proper as well.
Now that we've covered the fact that you're most likely going to need to pursue a life insurance application that isn't going to require you to take a medical exam or answer any health - related questions, doesn't it make sense to only look at a life insurance quoter that is going to «quote» those types of policies?
Term life insurance is the most basic type of policy available because it pays out death benefits only.
In recent decades, there has been a decline not only in the rate of adequate coverage, but also in general awareness surrounding life insurance and the types of policies available.
However, if you don't like needles or don't want a medical exam, we offer a life insurance policy where NO MEDICAL TESTING IS REQUIRED!!!! For this type of policy, we only need to gather some brief info and (within 24 hours), you find out if you qualify.
Life insurance is actually the only type of gift that is subject to a three - year look - back in an extension of that rule, which helps the IRS determine whether or not the ownership of a policy was changed solely because the person being insured believed they were going to die soon.
Only by doing this can you insure that you are getting the best types of life insurance policies tailored to your specific needs.
Term life insurance is a type of life insurance that only pays out a death benefit if the policyholder dies within the term of the policy.
These types of life insurance policies are usually the only option for a person with ALS.
When many people think of life insurance policies, they usually don't think of all the types of life insurance, they only think term.
In the past, there were only a few types of life insurance policies to choose from.
It works well as a rider on a regular types of life insurance policies but it should not be your only coverage, unless you have no other options available.
The company offers three types of whole life insurance policies, the only difference being the period of time during which you pay for coverage:
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
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