Sentences with phrase «options as universal life»

In this arena life insurance shoppers have a number of choices at their disposal, including such popular options as universal life and whole life insurance.

Not exact matches

Many policies also offer you the option of converting your term policy into a permanent life insurance policy such as a universal life policy.

Thus, in the same way that life insurance companies offer alternatives such as guaranteed universal life insurance, indexed universal life insurance OR variable life insurance, annuity contracts offer similar options.

If you choose to exercise this option, it allows you to convert all or a portion of the existing death benefit to permanent insurance coverage, such as whole life or universal life, with no evidence of insurability required (i.e. no medical exam or health questions).

Variations such as variable and indexed universal life insurance give you options for how to invest the policy's cash value.

For our U.S. study, we used Universal Life with Guaranteed Level insurance costs to age 121 as the least expensive option for level insurance premiums for lLife with Guaranteed Level insurance costs to age 121 as the least expensive option for level insurance premiums for lifelife.

As the most popular permanent life insurance in the market right now, Indexed Universal Life is a great option for many who want to participate in stock market returns, without actually being invested in the market and subject to risk of llife insurance in the market right now, Indexed Universal Life is a great option for many who want to participate in stock market returns, without actually being invested in the market and subject to risk of lLife is a great option for many who want to participate in stock market returns, without actually being invested in the market and subject to risk of loss.

The company also has a combination life / long - term care option whereby a policy holder can use a universal policy as an alternative to purchasing a stand - alone long - term care insurance policy.

Index Universal Life Insurance — The index universal life insurance policy that is available has some different indexing options to choose from, as well as preferred loUniversal Life Insurance — The index universal life insurance policy that is available has some different indexing options to choose from, as well as preferred loan raLife Insurance — The index universal life insurance policy that is available has some different indexing options to choose from, as well as preferred louniversal life insurance policy that is available has some different indexing options to choose from, as well as preferred loan ralife insurance policy that is available has some different indexing options to choose from, as well as preferred loan rates.

If this amount is less than $ 500,000, Sagicor's term or no lapse universal life (NLUL) would be great options as the rates are very competitive and the approval can be as quick as 2 minutes.

Voya has some innovative crediting options on its Indexed Universal Life as well as providing options like:

It combines the features of variable and universal life insurance, giving you the investment options as well as the ability to adjust your premiums and death benefit.

Offered through employers, our permanent options such as group universal life give you lifetime protection and potential cash value.

Variable universal life insurance can also provide the opportunity to build up cash value based on the performance of underlying market investment options such as mutual funds.

Because guaranteed universal life insurance policies have become a popular financial protection and investment vehicle, many more insurance companies than ever now offer this as a product option for clients.

There are many different permanent insurance options including whole life, guaranteed universal life, current universal life, indexed universal life and many others as well.

If you want to use a cash - value life insurance policy as an investment tool, you have options beyond whole life insurance, including variable life insurance and indexed universal life insurance.

They offer a guaranteed whole life product for people 50 -85 years old, who can not be turned down as well as an impressive set of universal life and variable life options.

In some policies, such as universal life and variable life, you have some options to alter the amounts, but essentially your premium gets used to pay for three major components of the policy:

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.

Term life insurance awards a fixed amount of money at the death of the policyholder, and universal life insurance policies offer this as an option.

This universal life insurance plan provides flexible premium options, as well as lifetime guaranteed coverage with provisions for guaranteed cash values.

A conversion option is available on the 10, 15, 20, 25, 30 year plans as well, if you decide you want permanent universal life insurance.

A Variable Universal Life cash value account fluctuates in conjunction with the chosen managed investment option, typically made of choices such as small cap, mid cap, large cap, emerging markets, etc..

Along with the cash value building as time goes on, the universal life option from Thrivent Financial allows all policyholders to make adjustments as their life changes.

For longer coverage, your only option at this point is a permanent life insurance policy, such as a guaranteed universal life.

If your insurance needs are long - term or you are unsure, buy a term policy with a conversion option to a permanent policy such as Universal Life or Whole Life.

«Universal life insurance was created to offer protection as long as an insured needs coverage,» Egleston writes, saying universal is probably the better of the twoUniversal life insurance was created to offer protection as long as an insured needs coverage,» Egleston writes, saying universal is probably the better of the twouniversal is probably the better of the two options.

Universal life insurance, also known as Flexible Premium Adjustable Life Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contrlife insurance, also known as Flexible Premium Adjustable Life Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contrLife Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contract.

The key advantage of the conversion option is that when exercised, the new universal life policy will be issued at the same underwriting class as your existing term.

It is illegal for an agent to sell a client Universal Life as an investment option.

Option B Increasing Death Benefits Universal life policyholders may elect an increasing death benefit (Option B) that increases as a policy's cash values increase.

There are many different permanent insurance options including whole life, guaranteed universal life, current universal life, indexed universal life and many others as well.

Permanent life insurance (such as whole life or universal life) is another good option for mortgage protection.

Universal life can provide you with a variety of different payment options, including a flexibility of changing your death benefits, as well as the potential to accumulate cash value over time.

The combination of a simple, cheaper term life insurance policy and a dedicated investment option, like a mutual fund, offers the same insurance coverage as a variable universal life insurance policy, with lower fees, easier administration, and likely better results in both categories.

Death Benefit Options: There are four classifications for death benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the Options: There are four classifications for death benefit options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the options under universal life insurance policies and these are as follow: a. Level death benefit: This only covers the amount accumulated during the length of the policy.

Types of Life Insurance When you get ready to purchase life insurance, among the options that you will have are the various types of policies, such as term, whole, and universal lLife Insurance When you get ready to purchase life insurance, among the options that you will have are the various types of policies, such as term, whole, and universal llife insurance, among the options that you will have are the various types of policies, such as term, whole, and universal lifelife.

As mentioned above, Kansas City Life has options for term life insurance, universal life insurance, indexed universal life insurance, variable universal life insurance, and whole life insuraLife has options for term life insurance, universal life insurance, indexed universal life insurance, variable universal life insurance, and whole life insuralife insurance, universal life insurance, indexed universal life insurance, variable universal life insurance, and whole life insuralife insurance, indexed universal life insurance, variable universal life insurance, and whole life insuralife insurance, variable universal life insurance, and whole life insuralife insurance, and whole life insuralife insurance.

Many policies also offer you the option of converting your term policy into a permanent life insurance policy such as a universal life policy.

Like most permanent life insurance policies, Farmers New World Life Insurance Company's universal life options offer lifelong coverage, 2 as long as all premiums are paid to keep the policy in folife insurance policies, Farmers New World Life Insurance Company's universal life options offer lifelong coverage, 2 as long as all premiums are paid to keep the policy in foLife Insurance Company's universal life options offer lifelong coverage, 2 as long as all premiums are paid to keep the policy in folife options offer lifelong coverage, 2 as long as all premiums are paid to keep the policy in force.

The company also has a combination life / long - term care option whereby a policyholder can use a universal policy as an alternative to purchasing a stand - alone long - term care insurance policy.

A conversion option is typically included and allows the owner of the term policy to covert all or a portion of the term into permanent coverage, such as universal life insurance, without proof of insurability — that means no health questions or medical exam.

The other option is to either purchase a permanent plan design such as Universal Life or add a smaller Universal life on to an existing life insurance portfolio that includes a Term insurance polLife or add a smaller Universal life on to an existing life insurance portfolio that includes a Term insurance pollife on to an existing life insurance portfolio that includes a Term insurance pollife insurance portfolio that includes a Term insurance policy.

When you shop for life insurance, you have many options, including term life, whole life, universal life, and indexed universal life, also known as equity indexed universal life.

An option for Kathy would be a possible low cost Term life insurance plan for $ 250,000 with a 20 - year Term policy which would cover her mortgage and then as the years go by and the total payoff on the mortgage goes down and down she can convert her policy into a Universal life policy to cover any debt for the rest of her life.

The Index Universal Life (IUL) policy gives Genworth customers more options within a single insurance product, such as a long - term care service benefit like Genworth's Accelerated Benefit Rider.

As such, universal life insurance is considered the happy - medium option between whole and term life coverage.

Although the traditional version of universal life insurance was a popular and safe option a couple of decades ago, as the financial situation of the past two decades has seen periods of instability, the advantages of the traditional universal life policy have diminished and become more risky.

This plan does not have any investment options or build cash value as permanent life policies do, such as whole life and universal life.